Persuasive Essay On The Price Of Higher Education

George Washington Carver once stated that: “Education is the key to unlock the golden door of freedom.” An education is the first step to a job, a salary, recognition, and a successful life. The greatest pride of a nation is not their military, nor their economy. It is the ability to say that their people are educated. Now, a higher education is so closely connected to the American Dream that it is nearly impossible to reach one without reaching the other. However, now access to that dream is fading to many. Over the last 35 years, a trend in rising tuition prices has brought college education out of the reach of many low and middle class families. Between the higher tuition costs and lower average salaries, families are often forced to choose between losing access to a higher education or being burdened with debt for the rest of their lives. In order to restore access to the basics right of American citizens, it is necessary to make education more accessible by making it

According to John T. Harvey, the rise in student loans and debt creates a drag on short-term economic activity and stunts long term economic growth. Currently, the total student debt is over 1 trillion. Graduates continue to emerge from college facing high costs and are entering what is still a poor job market. Many of these graduates will face under or unemployment, and will quickly fall into debt. This debt takes away the next generation’s ability to create demand, resulting in job loss and a stunt in economic growth. Without jobs, more people will fall into debt, creating a cycle that consistently deteriorates the economy. Finally, by denying many bright minds access to an education, the innovations meant to increase economic activity and make the quality of life better never actually happen. Rising tuition costs, which result in student loans and student debt, promise to grate at our economy and