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Effects of rising tuition costs
Effects of rising tuition costs
Effects of rising tuition costs
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Imagine a student named Geoff. Like many of us, he took out various loans to help pay for his education. Most universities and colleges in the modern day United States demand high rates of tuition, and Geoff was no exception. He decided to major in communications, which was his passion, hoping to land a job in that field. However, once he graduated, he did not get a job in his degree field. Geoff stated that if the burden of tuition costs weren't an issue, he would have continued his passions and not have to settle for a job we wasn't passionate about. This is not exactly a rare occurrence either. Geoff ended up getting a job as a manager at a pet store. The catch is, Geoff is a very real person. Like many of college students, he is stuck with …show more content…
Most people wouldn't care as much about getting a job in their field if the tuition costs were lower. This way, there would not be as much financial pressure after graduation. The financial burden of tuition costs after graduation pressures many students to feel pressured to get the right job, or even not attend a university. These issues are not new, and deserve to have a second look. Many people in the United States struggle with tuition fees, while other countries have already attempted to lower or completely eliminate tuition costs. This worldwide issue is a very plausible topic that can be changed. These two ideas, tuition in the United States and tuition abroad, will be the focus of this article as well as how these issues can be …show more content…
One of the largest countries to do this is Germany. When the Treaty of Versailles, the treaty that ended WW1 was signed, Germany got the bad end of the stick. First they were ordered that they were not allowed to build up a military over 100,00 men, which is extremely small. They also were not allowed to have any kind of air force, submarines of any kind, and had a cap of only 6 naval units. On top of this, they had to give up all of their territories, and pay a reparations fee. This came to 6,600 million german marks, which would come to around 6.6 billion english pounds, or just under $400 billion dollars in todays dollar. Just recently in 2010, Germany finished paying off their WW1 debts. Germany's economy must of had some major stimulation to pay off such a large debt. At this time, there was no tuition of any kind. There was actually a law preventing it. Germany has always been known to be a very intelligent country, and they are paying off their debts due to a growing economy. Good education. is a major factor to econmic
One of the hot topics of debate going on in the U.S. today that presidential candidates are talking about is college tuition. Some have revealed their proposals to American citizens on how they would tackle the issue of tuition. The question is which one of the many proposals will work and limit the amount of people who don’t go to college and give them a reason to go. The tuition issue is not a case by case problem, but a national problem. While there are some who have the opportunity to attend college others are not as fortunate. But everyone can have a part in shaping the future for many generations to come. The objective is to find a way to make what some would call “college free”to everyone. How were we able to find a way to make public
Over the past years, getting a college degree has been the pathway to a settled career. College has been a reason for people to carry on after high school. Now that tuition has been raised, getting a degree seems to drain students with more loans and could be in debt. College has been raised to the point where people rather start working at a minimum wage than continuing with school. Working in a part-time job would be an easier choice rather than pursuing a degree.
Once a person graduates from high school they are left with a difficult decision, wither to go to college or not. Some families this is not an option, their kid will go no matter what, but many students do not want to go to school and have so much student debt by the time they finish that they will have to pay off that they decide that college is not worth it. According to Craig Smith in his article in Education Digest he says, “too many families cannot afford to send their children to college so the student is left with making the decision on wither to go to college and collect debt or just skip college altogether” (Smith 42). He has a good point. Too many students feel like they have to pay so much yet they are not really getting much out of it. Smith later on in his article states, “We must stop balancing our state and institutional budgets on the backs of students and families” (Smith 46). School should not be all about money, it should be about helping the students get the education that they need so they can make it out in the big world. If a student is so worried about how they are going to pay their school bill they are not going to be focusing on their class work and it ...
Employers consider a degree necessary for getting a job at their company. However, not many people can afford college. The solution is to take out loans, then college becomes affordable. These loans create a whole different issue, student loan debt. This can affect people their whole lifetime and has been happening for years upon years. But, in the more recent years America is starting to shed more light onto the issue and are becoming curious on why colleges charge twenty five thousand dollars, or more, for a year of education. Many different countries offer free college, but in America student loan debt keeps getting worse.
and tuition plays a major role in students’ decision for attending college. Students according to a 2008 national survey of roughly 1800 students who qualified to attend college 1000 students of those 1800 did not attend college at all. The main reason claimed by 80 percent of the “non-college-goers” was due to lack of money, more especially not enough grant aid. Although a student was well qualified to attend college having no financial aid made their choice to attend impossible. On the other hand, students who couldn’t receive enough grant aid sought other alternatives to go into college like getting loans. Depending on the amount of years one chooses to attend college it can rack up to an unbelievable amount. According to Edvisors, a financial aid website, “The class of 2015 graduated with $35,051 in student debt on average.” Imagine that! It’s no wonder that the students who didn’t receive enough grant aid chose not to attend college. It was because they did not want to accumulate a debt that in most cases they would have to pay throughout their lives, claiming that tuition cost is too much for
America’s future lies in the youth and building an educated youth that is interested in their career would benefit society. Rising college tuition is hurting the higher education of America. As more financial pressure is placed on these kids, the more they aren’t able to focus on their goals and dreams. Although inflation is a problem, the students who are able to graduate will benefit society if they worry more about their job. They should be able to satisfy their duty in society and a rise in college tuition will hinder that vision substantially.
In “Is college worth it?” the writer discusses which colleges and degrees will be better for their price and how the careers from these degrees will help pay off college debt. Throughout the article it is discussed how colleges that have lower scores and ranking will not offer financial help to students. To be able to pay off college debt, it is better to go to a college with higher scores. Since the cost of tuition is rising, more people are in need of financial aid, and to pay off this debt quicker, people are needing a career to do so. In order to have a career that makes a lot of money and pay off student loans, you need to get a degree that is in a field with a high demand.
(Luebke). Most everyone wants to have higher education because it has value in this day and age. It opens up more career options, and lets them have more freedom to pick the career they want. With higher education being tuition-free, students might take their college education less seriously because they don’t have to pay for it (Should College Be Free? Pros, Cons, and Alternatives).
Going to college and furthering someone’s future career is a very important part of life.. Making the choice of going to college or not going to college could affect someone for the rest of their life, If a student decides to go to college after high school they will be in debt for many years after they graduate college. “Over the past decade, tuition and fees have risen much faster than inflation and outpaced the cost of housing and health care” (Blumenstyk). Blumenstyk is showing how outrageous the cost of college tuition has become. Whether it is for a University or a Community college either one. Most people spend their whole lives being in debt just because of buying a house and now they will have the burden of paying off their college tuition as well. They may keep getting a bill in the mail that most of them will hate looking at, and also putting down that much money each month for their payment. While college does create the opportunity of increased pay and better jobs, it should not mean students are required to pay all the money they earn back the college. At that point people may as well not go to a
There are so many students who would extremely grateful to attend any four year institution but can’t because of the lack of funds. College life can be very stressful, and the process can is very frustrating to most students the first two years. When the cost of college tuition is compared to the 21 century financial economy the cost does not make sense, because for a middle-class family it is impossible to afford sending their child to any four-year institution. It hard for students to graduate with the stress to pay-off hundreds and thousands of dollars in loans. Going to college is stressful enough without the need to worry about how we’re going to pay for it and what other costs will continue to rise with getting a degree afterwards. With the current increase of unemployment rate and the thought of going to college seems like a farfetched goal. Many people choice not to attend a four year institution, because they did receive a scholarship or enough government funding. Having a college background is very important for professional growth, it will eventually limit career opportunities. My stand point is, you may not leave college doing the same thing you began with but the life experience is endless. College experience not only gives knowledge that builds you into a better person by giving a broader erosion. With the cost of tuition increasing will hurt our generation, by causing physical and mental stress but in the end it will all pay off. Not all colleges are for the blame; some of the blame is our economy and other factors play a big roll. As students we need to be aware of all our resources offered, such as Pell Grants, and government scholarships. For example, the some states will pay for a student’s college if they graduate high school with a GPA of 3.5 or higher. There are many states that are willing to pay for all or some of college tuition only if students are willing to use
College does have its good and bad, but the tuition money needs to decrease in both public and private schools. College should be the best time of everybody’s life, but money shouldn’t be a distraction.
From conducting this survey, I learned that many students,whether they attend a public or a private school are unsatisfied with the rising tuition prices. The findings support my hypothesis. The next step in this research would to ask more college students about their thoughts and opinions about rising tuition prices. I would ask more students from different types of college and students taking on different types of degree. An implication this research could have for other research is that rising tuition prices are hurting students financially.
Attending college has changed quite a lot throughout the years. When it first arose, it was only accessible to the wealthy, and it was unheard of for everyone else. Only a few decades ago a bachelor degree could almost guarantee a comfortable job, and it was another advantage to any resume. In our current times, many students struggle and are unable to go to college due to the rising price tag that is not showing any signs of slowing down. A college degree is what most employers look for now-a-days, making it more essential than ever before. Unfortunately, it is becoming increasingly difficult to attain one. College tuition and fees should be lowered because 1) student loan debt is crippling for college graduates, 2) lower tuition will increase the accessibility of education, and 3) regulated tuition would lead to a
In today’s society, the idea of receiving a college education has been pondered quite a bit as to whether or not it is actually worth it. According to Michelle Adam, many people “…today believe that getting a good education is key to success in our society, this revealed surprising issues that challenge the notion of higher education being worth its price tag” (59). Naturally, many high school graduates apply for college right before or after graduation. Others decide to go into the work force, armed forces, or simply remain unemployed. The question that many people debate about is, is a college education worth it in the long run? Though some people believe a college education will benefit ones’ career, others believe it will cause a mass of debt and loans for college students and graduates, and postpone life events.
Many significant questions regarding higher education are in relation to its cost, raising fears that higher education has become unaffordable. Education fee for universities and colleges has continuously grown to become one of the largest expense for most students and parents over the years, especially with the never-ending dramatic tuition fee increases resulting from public funding cuts for education by the federal and state governments. Selingo (para 3) reported that higher education cost definitely has a direct impact on access, thus, the frequent increases in cost are logically of great concern to many, including parents, students, and education policymakers. In other words, this has disadvantaged the poor families, resulting in unequal education opportunities for Americans and putting attainment of higher education in danger of becoming a hereditary privilege rather than a right for all people (Selingo para 6).