Throughout my k-12 education, my father stressed how important attending college was. He worked long hours to provide for my brother and I, so that one day we can attend college. My father struggled to pay for tuition when he was a sophomore in college. Which, lead him to dropping out. However, he had a different vision for my brother and I. His goal was for my brother and I to attend college and graduate debt free. Planning 18 years in advance, my father opened the Texas Tomorrow Fund for my brother and I, so that one day we could obtain a college education, without tuition ever haunting us. The debate on college tuition and its benefits has been a controversial topic in America. It is a fact that tuition has been skyrocketing for the past …show more content…
Paul Taylor, lead author and director of the Pew Social and Demographics Trend project, states "the public does have a sense there is a real-world payoff with education."(Adam 2). Taylor conducted a survey, in which people were asked how much more money they made because of having a degree or how much money they did not make because of not having a college degree. Adults who obtained a college degree assume they make $20,000 a year more because of having a degree. Opposed to the adults without a college degree, who assume they earn $20,000 a year less due to having only a high school diploma (Adams 2). This was compared with the 2010 Census Bureau data which demonstrated, adults who earn a college degree make $19,550 a year more than adults who do not obtain a college degree (Adams …show more content…
According to ProCon, a website sponsor of an article called, "Is a College Education Worth It?," during the great recession of 2007-2008, jobs that required a bachelors degree grew by 187,000. As for jobs that required some college or an associate 's degree, decreased by 1.75 million and jobs that required a high school diploma, fell by 5.6 million. "According to a June 2016 study, 99% of job growth (or 11.5 million of 11.6 million jobs) between 2010 and 2016 went to workers with associates, bachelor 's degrees or graduate degrees," explains ProCon ("Is a College. . ." 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. . ." 2). Ten percent of graduate students have over $40,000 in debt and roughly 1% have over $100,000 in debt ("Is a College. . ." 2). With student debt on the rise, it will be a strong defense on whether college is worth it or
College degrees have proven to be a valuable resource to achieve a higher pay. “Is a College Education Worth It” writes, college graduates with a bachelor degree earned on average $30,000 more per year than a person with just a high school education (1). This statistic shows that with just a four-year degree, someone can earn more than a person with just a high school education. This also proves that people with a college degree earn more in their lifetime than people with just a high school education. “Benefits of a College Degree” adds that in a lifetime, people with a bachelor 's degree earn $2.7 million. People with just a high school diploma earn about $1.3 million in their lifetime (1). Abel and Deitz claim that over the past four decades, people with a bachelor’s degree earned 56% more than high school graduates while people with an associate’s degree earned 21% more than high school graduates (1). This comes to show how getting a college education has benefited people for four decades. Mark Peters and Douglas Belkin propose that the cost of college for someone with a bachelor’s degree is on average 110,000 to 130,000 (1). This number can seem very large to most people, but people with a bachelor’s degree earn more money, so the amount of debt they have will quickly
Everyone knows that going to college and getting a degree is the most effective and guaranteed route to ensure a prosperous financial future, right? College is considered by most to be the best investment you can make in life, but what happens when that investment leaves you drowning in thousands of dollars in debt right after graduation day. This is the situation that millions of college graduates are faced with in 2016. Rising college tuition perpetuates student debt and is on a sharp incline and it seems to have no ambition of ever slowing down. The effect of this catastrophe is felt by millions of families across the country who now question, “is college really worth it?”
The price of a four year institution has soared over three hundred percent in the past twenty-five years or so. We would have to factor in general inflation numbers in order to figure out the real significance. After that, we see that in those twenty-five years, tuition has risen at a rate of two to four times that of the national inflation. That has not been the case with college, however, as enrollments only continue to go up. Ultimately this means that families are paying for a luxury they can no longer afford with money they don’t have. Families are looking at an expense that is thirty-eight
Over the past decade, it has become evident to the students of the United States that in order to attain a well paying job they must seek a higher education. The higher education, usually a college or university, is practically required in order to succeed. To be able to attend these schools and receive a degree in a specific field it means money, and often a lot of it. For students, the need for a degree is strong, but the cost of going to college may stand in the way of a successful future. Each year the expense of college rises, resulting in the need for students to take out loans. Many students expect to immediately get a job after graduation, however, in more recent years the chances for college graduates to get a well paying job isn’t nearly as high as it used to be. Because students can no longer depend on getting a job fresh out of college, it has become harder to repay the loans. Without a steady income, these individuals have gone into debt and frequently default loans. If nothing is done to stop colleges and universities from increasing the cost of attending their school, the amount of time it takes for students to pay off their loans will become longer and longer. The extreme expenses to attend a college or university may leave a student in financial distress: which may ultimately lead to hardship in creating a living for them and affect the country’s economy.
The critical challenge within in today’s society is that college tuition should be free or if not free, more affordable for all students. Certainly, higher education should not be considered a luxury where only the wealthy could afford, but an opportunity for all caste systems. It must be an accessible and affordable opportunity for all students in order for them to invest in their education. Higher education is important because it provides more careers to choose from than the careers offered without having a college degree. Ultimately, the issue here is whether it is right to make college tuition more affordable for the students.
When students are looking for colleges to apply to, one consideration might be how much it will cost them to attend that college. This is a very important matter to consider because the cost of going to college is the highest is has ever been. Even though there is some aid to assist students in paying for college, those services are not available to everyone. Some students are awarded scholarships but some of them are only for a few thousand dollars, which means that they still have a considerable amount of debt to pay off. When you take into account the cost of text books, classes, application fees, and room and board, the final bill ends up being overwhelming. The large total at the end of the bill could scare students who cannot afford all of this. Lankford poses the question “Can anyone attend college?” He ...
As students near the end of the academic year, they are constantly faced with some of the same choices the generations before them have been presented with too. The biggest question a lot of seniors in high school have to answer is if they are going to be attending college or not. There are a lot of legitimate reasons as to why a person might not attend a college, but I personally feel like everybody should have a higher education if they have the opportunity to do so. One of the biggest reasons that people do not have the opportunity to pursue higher levels of school is the fact that they do not have enough money to pay for it. With the staggering amount of debt, the majority of students incur in college, it is becoming a
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
College tuition is something that parents and students are very concern about. Every year universities raise their tuition. Some parents can’t afford for their children to go to college. Every student wants to experience the college lifestyle. Parents want their kids to have the best education but also want it to be affordable.
It’s a heated debate these days as to how students should earn their college degree. Most higher education seekers in the 20th Century had limited choices… attend a university or community college. Technology in the 21st Century has increased the methods and opportunities to further education. Online opportunities have reduced the price of education and opened paths to almost any career choice available at college campuses. So, why wouldn’t everyone skip the expense of physically attending college and complete their degree online? Because what you learn from a textbook or e-book is only a fraction of the overall college education. Students would miss out on the social aspects of growing in college… the stepping stones of independence:
Children of the twenty first century spend nearly 13 years in school, preparing for what is college, one of the only ways to achieve the so-called “American Dream”. College is the best way to start an advanced career and go further than one possibly could if college degrees were not available, allowing people to achieve their view of the American Dream; whether it be large houses, shiny cars, multiple kids, or financial comfort, college is the stepping stone to achieve the American Dream. But all great things come with a price, college dragging along debt. Students who attend college struggle to find ways to pay for it, leading to applying for student loans. These loans a great short term, paying for the schooling at the moment but eventually the money adds up
During the great recession, employments requiring higher educations developed by 187,000, while occupations requiring some college of an associate’s degree fell by 1.75 million and employments requiring a high school education or less fell by 5.6 million. In numerous fields like designing, accounting, education, medicinal services, a four year college education is required for entry-level positions. It 's anything but difficult to see how a degree opens up an entire vista of chances that would just be out of reach generally. The potential opportunities open doors are considerably more noteworthy in number for those with graduate degrees. Gain a terminal degree in your field, and the sky 's the
Fighting the cost of college tuition is a hot topic these days. As long as I can remember, tuition has always been a reason why most people don 't pursue their bachelor’s or even associate degree. Today 's society has changed students are fighting for grants, financial aid, and even loans to pay through school. In order to be financially comfortable in the 15th century a college education is a must. It is an everyday battle getting financial support from a college’s administration. Colleges need to be more affordable, obtaining funds less stressful, and colleges must enact policies that condone these principles.
STATE COLLEGE TUITION Do you or your kids plan to go to college? Can they afford it? Your kids may not be able to attend college because some students want to further their education, but cannot afford it.
With the rapid growth of college tuition, it has become an important issue in higher education. College Tuition is simply defined as the charge or fee for instruction, at a private school or a college or a university. Most people agree today that college tuition is too high or that it needs to be completely dismissed. There are some however, that may disagree with the claim about college tuition and state that college tuition is necessary for college growth, and it’s primary purpose is to pay for college expenses to support the institution financially. Research shows that college tuition is too high and that debt has become a standard in America after attending post-secondary school.