While there are benefits of attending college, there are also significant challenges that affect students. Specifically, high school students can be intimidated with the overall process of going to college. For example, finalizing paperwork, completing financial aid, adjusting to their new environment, and meeting new people can be cumbersome. In addition to these adjustments, students have to deal with the increased costs, which make college more expensive and less affordable. The increase in college expenses is a result of the decline in state appropriations, which affects tuition and other expenses associated with attending college.
The increase in tuition attempts to make up for the reductions in state appropriations. This in turn leaves students and families with increased student loan debt. The lack of funding affects not only the students, but the faculty as well. Due to the lack of funding, many colleges and universities have turned to hiring more adjunct faculty. Unfortunately, students and faculty suffer from the escalated costs of attending college because of lack of funding. Due to rising tuition costs, college graduates leave school with an average of $29,400 in student loan debt.
The student loan debt in the United States has reached an all time high of $1 trillion dollars. Students from low-incomes families, low paying jobs, and non-completers will more than likely not pay their loans. Last year, the student loan default rate was 13.7 percent. Since colleges benefit from the students who make these loans, they are going to have to be more accountable for loan repayment. In addition, universities for-profit benefit from federal aid with only half of their students staying in school one...
... middle of paper ...
... a college degree. My perspective on the return on investment of a college education is that the possession of a college degree at every level has more benefits. A college graduate has higher earnings, more employability, lower unemployment rates and poverty levels, more exposure culturally, better career choices, and largely, a better quality of life than high school graduates. The value of a college education has grown significantly. The median annual income has increased by $7,000 since 2012. While the median income rose for college graduates; the income for high school graduates decreased. Overall, according to the research a college degree is worth the debt over the course of a lifetime; except when students who drops out and return to school. If they return within a reasonable timeframe, they should be able recoup the costs within their working life.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- 5 Benefits of Attending a Christian College You can attend a Christian college online or in-person to get an education that not only rivals educations at public universities but also provides fellowship with people who share your values and beliefs. Most Christian schools teach classic academic subjects as taught in nondenominational schools and Christian interpretations of science and history that reconcile physical evidence and spiritual beliefs. Religious Beliefs Often Conflict with Traditional Curricula The curricula of most nondenominational schools often teach theories that conflict with religious beliefs, but religious schools usually present a more balanced education that includes bo... [tags: School, Education, University, College]
708 words (2 pages)
- While research shows the benefits of students attending college, some people still disagree and do not believe they should. Jennifer Ludden writes that people will have more money and more job opportunities if they attend college. However, Holly Epstein Ojalvo interviewed the founder of UnCollege, Dale Stephens who does not think students need to go to college to be successful. I believe it is important for me to attend college to be monetarily secure and to establish new social connections and relationships with new, different people, but mainly I want to attend college to prove to myself that I can graduate and be successful on my own.... [tags: University, Academic degree, Bachelor's degree]
1067 words (3 pages)
- As high school seniors, we await the options for our future. The path that one decides to take varies for all individuals. Some may go straight to the workforce, some may enroll in the military, and according to www.nces.ed.gov 50.1 million people will continue their education after high school. This number equals approximately 66 percent of high school graduates will attend some sort of higher education. Why do such a large percentage of Americans attend college. According to www.schev.edu the real reason we attend college is because there is a demand for workers who have a college degree.... [tags: University, Higher education, High school]
1894 words (5.4 pages)
- A look back at the institution of education over the past 20 years will reveal that once upon a time a bachelor’s degree was long since considered the marker of ultimate success, the highest level of achievement that one could make in their lives. In those days, if for some reason you failed to march across the stage on graduation day after an epic, four-year stretch of high tuition, long nights studying, and unrelenting professors that found great joy in riding your back, then you had indeed failed at life.... [tags: Higher Education ]
860 words (2.5 pages)
- The Benefits of Attending College and Receiving an Education People have very different reasons on why going to college and getting an education is important for them. Some people go to college because that is what is expected of them, and others go because they have nothing else better to do. However, I am interested in going to college and obtaining a good education because it will benefit my family, my country, and me. My parents have this perfect life for me pictured in their heads, and the first thing they see me doing is going to college.... [tags: College Education Careers Essays]
587 words (1.7 pages)
- Attending college provides life time benefits. However, the rising prices of tuition is making people second guess if college is worth going to. In the article “Is College Worth it. Clearly, new data say” Leonhardt claims the significance of going to college, and the advantages it holds. Later stating, “The decision not to attend college for fear that it’s a bad deal is among the most economically irrational decisions anybody could make in 2014.” I agree with Leonhardt 's claim, college is a smart choice, and fear or money should ncot stop you from attending.... [tags: Academic degree, Higher education, Diploma]
1256 words (3.6 pages)
- The student population that attends college today is quite different than those who attended college in the past. Decades ago, those who were privileged were the only individuals that had access to higher education. Today, students of all socioeconomic statuses attend for multiple reasons. Some students want to provide more than their parents had, some think they will make more money with a college degree; some have an occupation that they are passionate about, want to go through college as quickly as they can to get a job and have an income.... [tags: attending college, life choices]
1793 words (5.1 pages)
- Imagine a young man who has nearly graduated from high school. His life should be full of hope and promise of a bright future, but he has no idea in which direction he desires to head. Picture a single mom who recently went through a divorce, she didn’t imagine she ever needed to worry for her financial future again. What about the students who excel in their studies of choice, but struggle with the subjects foreign to them. Community college can assist in overcoming those obstacles. The benefits of attending a community college include easier transitions, helping recent high school graduates transition to a 4-year college, and smaller class sizes.... [tags: College, High school, Higher education]
713 words (2 pages)
- For many, this does not become reality until they attempt to apply for these benefits, and are informed they are not eligible to receive benefits because they are not citizens of the United States. Officials realized that there was a flaw in the systems that denied basic civil rights to young adults who had spent most of their lives in this country. The DREAM Act is the legislation that was intended to support this group by providing undocumented students the equal educational rights, and to protect their human rights by providing a way for them to become citizens of the country they were raised in.... [tags: Law, Human rights, United States, Rights]
1123 words (3.2 pages)
- Which is better, a Community College or University. This is and important question when a high school graduate is looking to further there education and start a new chapter in their life. Although Universities and Community Colleges serve the same purpose, they both have their differences and similarities. Some of the differences are coast, admission requirements, size, and student life. A Community College is a two-year school where students can receive a certificate or an associates degree to either transfer to a four-year college or begin their career, were Universities offer bachelors, masters, a doctorate degrees.... [tags: College, High school, Higher education, University]
1397 words (4 pages)