The government has destroyed this by providing easy students loans to anyone who applies and there is no credit check. Today, many students cannot find jobs after they get a college degree. Student loan payments begin within six months after graduation, and many students owe thousands of dollars and have to work non-skilled minimum wage jobs to begin paying on these loans. In view of... ... middle of paper ... ...1% of recent high school graduates in college have found jobs. Hundreds of thousands of college graduates hold bottom-rung positions as waiters, and cashiers paying off thousands of dollars in student loans.
According to Charles Murray, “Although, in today’s society many people will assume that you’re too lazy to get that degree.” Charles Murray point is that, even though you can’t finish college doesn’t mean that you can’t be successful. A lot of people have dropped out of college and were very successful people due to motivation and guidance from others in life. In college, many students are dropping out from a lack of interest in learning. The experience of receiving a higher education can be more difficult than others. A reason in which would cause this is by no motivation or desire to learn anymore.
Most parents believe college is key to success in this society. Without these opportunities for these tremendous and hardworking students the chances for them going to college is slim. The student loans have been a sufficient payment to the government, but with it so high the money might stop coming to the government all together. With so many students scared of future loans the government could lose money. Even if more people accept the loans only 37% are paying on their loans today ("How Student Loans Could Cripple the U.S. Economy").
Most colleges require that their students be well-rounded by taking classes that have nothing to do with their career path. Campus Explorer explains that: “Distribution requirements were c... ... middle of paper ... ...they cannot find a job then the multiply years they spent of college will be wasted. Many of the high paying jobs that were once offered to these graduates have gone overseas leaving them to work the same minimal wage jobs as those who never bothered to go to college. While there are many people who believe that going to college is required for a better life, there are better and cheaper options available to those potential students. They could volunteer, become an intern, start their own business, go to trade school, or earn a certificate; there are lots possibilities.
The problem here is that wasting money to go to a college that will not guarantee you a career does not seem like the best idea. In fact, recent graduates are working with people that have never even attended college, which shows just how many jobs today require little or no school education. As far as debt goes, Rachel Dwyer states it all. Rachel Dwyer’s “Debt and Graduation from American Universities” describes how college students are facing high levels of debt as they attempt to acquire their money and ameliorate their career options. This shows how college students become overwhelmed with the thought of having to pay back all of the money accumulated over the year, so instead, the student’s new plan involves dropping out.
College tuition has a bad name to it, and for a good reason. More students and paying parents are feeling defeated attempting to pay off loans that typically hang over a students head for a good amount of years after finishing their education and getting their degrees. While the government has attempted to try chip away at the $1.2 trillion debt that has accumulated for college students around the United States, they are no where near having a permanent solution that lets graduates get on with their life without struggling. There are a spectrum of problems that create this debt, and only a few solutions that match up with these problems. Tuition in colleges go up typically every year, both in four year and two year schools.
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
Obviously, education is considered by most people as a survival kit for security of tenure and financial stability. Truly, many high school graduates who are enroll in college find themselves dropping off school in the first year of their college education. Admittedly, President Barack Obama’s administration knows this issue and has decided to even put out a $380 million educational budget for 2010 to assist students at risk of dropping out and to encourage high school graduates to earn an associate or bachelors degree in college. Today, college dropouts in American colleges have been steadily increasing due to inadequate academic preparation, compromising academic classes, and issues on parenthood. In the first place, Marty Nemko, a writer for the Chronicle of Higher Education stated, “Majority of students dropping out from college admits that they are underprepared for college-level work” (1).
Students don’t take advantage of the opportunities they are provided in high school, like dual-enrollment, that could save them time and money in college. Every year students are given the opportunity to do dual enrollment which would save them hundreds of thousands in college, but most miss their chance and are required to take remedial classes in college. According to statistics, “Complete College America reports that almost 50% of the students entering 2-year colleges are required to take remedial classes. ( Rath
In “A Lifetime Of Student Debt? Not Likely” by Robin Wilson, he talks about how student debts aren’t as bad as everyone seems to think. One of the most common reasons students default on their loans is pointed out by Wilson. He states, “the problem among students who go heavily into debt is that they are determined to attend their dream college, no matter the cost.” (257). Attending a smaller college, or even a 2-year university can help cut down on the costs.