Many People wonder if it i important to have a college education. While some people think it is okay not to have one, others think it is a must. Most people think that “In today’s increasingly global, knowledge-based economy, education has never been more important” (Fact Sheet: Empowering States to Transform the Education Landscape). While college can help a person make more money, have increased opportunities, and find jobs with better benefits, it is also very expensive, time consuming, and risky. For most people college is important because a person who goes to college will potentially make more money.
A study done in 2014 shows that 21 million people currently attend college in The United States. This number has increased by 5.7 million since 2000 (U.S. Department of Education). This increase in interest for education has been extremely important to the structure of society, however the cost of college tuition is leaving many citizens not thrilled about the college experience. In 2012 and 2013, the average price for one year of undergraduate tuition, room, and board was $15,022 for public schools, $23,153 for private for-profit schools, and $39,173 for private nonprofit schools (U.S. Department of Education). High college tuition is altering the ability for students to get the quality education they deserve, and leaving them in considerable
In an attempt to help more people afford college. High college tuition rates have prompted concerns that a college education may be an unattainable goal for some. But those loans must still be repaid. This creates a huge bur... ... middle of paper ... ...her paying jobs and can bring families and communities out of poverty. Can innovate in businesses because more will compete for jobs, so only the best people will be selected for given positions.
“Inflation can't explain it; over the past 20 years, tuition increased twice as fast as the overall cost of living” (Larson 1997). The only consistent thing about the cost of college is that it’s sure to go up. So why has tuition increased so rapidly over such a short period of time? In order to find out why tuition ha... ... middle of paper ... ...der the students themselves, and if they chose not to purse a career with their degree. That being said the cost of tuition is the underlining factor.
Knowing that a company cannot use the excuse of not having a degree against you is a great benefit. Even though the cost of a college education is outrageous, the benefits of having a degree far surpass those costs. Loans can be paid back but it is very difficult to make a substantial amount of money without a degree. This reminds me of a saying that I once heard though I cannot recall who said it. "If you think the price of education is expensive, try the price of ignorance.
College is one of the most fundamental institutions in our modern world. It is a place where most of our future politicians, doctors, scientists, and leaders are made. Though, it seems that the price tag that comes with a college education is something that is too hefty for some students. Countless debates go on about whether the price of college should be abolished or whether the cost still is on the students to pay for. There is no doubt that college is expensive, price tags for some universities go over a quarter of a million for just a bachelors degree!
This causes many students to consider taking out private loans both subsidized and unsubsidized to cover the remaining balances. According to the WhiteHouse.Gov, “As a result, more students than ever before are relying on student loans to pay for their college education. Today, 71 percent of students earning a bachelor’s degree graduate with debt, which averages $29,400.” It seems virtually impossible for middle or lower class families to put students through college without accumulating an overwhelming amount of
Despite the economy slowly improving over recent years, it has been difficult to get a job in this economy. Even with a college diploma, people occasionally have a challenging time finding a job. This then brings up the question, is attending college even worth it? I believe that even in our economy, college is still worth attending to because college graduates will earn more money and college provides unique opportunities. A significant reason to attend college is because a college graduate will earn more money in the long run.
." 2). Obtaining a college degree gives an advantage to graduates seeking a job. Although adults with a college degree have a higher salary than those who do not, student debt is hurting college graduates. ProCon says, "between 2003 and 2012 the number of 25-year-olds with student debt increased from 25% to 43%, and their average loan balance was $20,326 in 2012-a 91% increase since 2003" ("Is a College.
In the article “Is College Worth Going into Debt For?” States that “If your intention is to study something that you are passionate about and have new experiences that will increase your social and economic opportunities, college is probably worth the cost; you’ll just need to decide which college is the best fit for you and your budget”(Alder). Pursuing a degree that you’re passionate about is always worth it no matter who thinks otherwise. Many people will tell you that you will go in debt for a “worthless degree” but getting a degree is never worthless if you work hard to get where you want to be, it will be worth it. A lot of people will try to discourage you because they have their own perception of things that doesn’t mean it’s right or wrong. It just means that you should attend college because it’s a goal of yours to