Education is an important factor in our society and it should be consider as such in all aspect. This paper explores the decrease in funds since the recession in 2008. Further I will also explore the rate of students graduating and continuing their education after high school. I will further discuss the public and private benefits of education
As research have shown the state of Georgia does allocate fund to public institution to foster and encourage more students to enroll and graduate from college. However, I don’t think Georgia is doing enough to contribute toward education. According to NCHEMS Information Center, public High School graduation rate in 2009 was 59.3 just a little above average. Going Rates of High School Graduates directly from High School to college – 2010 was 67.7% which was not as bad compare to other state. Research also shows since the Great Recession, enrollment growth is up in Georgia by 5.1% which is also just above average. This is a proof that, Georgia needs to encourage more students and contribute more towards education, not just higher education but elementary and secondary schools.
Changes over time in school district revenues are measured by changes in real (adjusted for inflation) revenue per FTE (full-time equivalent) to account for the changes in enrollment. In real terms, total revenue per FTE for K-12 education in Georgia has decreased considerably since 2008, the first year of the Great Recession. Total real revenue per FTE in FY (fiscal year) 2008, $9,952, was nearly 17 percent higher than the total real revenue per FTE in FY 2014, with declines in both state and local revenue per FTE, suggested by Davis, E. and Ruthotto, I. (n.d).
With the growing cost of education not just in Georgia b...
... middle of paper ...
...provement. We need more funds put into our education system to relief some of the financial burden from students and their family.as stated above student continuing the education is not just a private benefit but a public benefit as well.
References:
Davis E. and Ruthotto I. (n.d). Financing Georgia’s Schools: A 2015 Briefing Elton Davis OCTOBER 20, 2015. http://cslf.gsu.edu/files/2015/10/Financing-Georgias-Schools_October-2015.pdf
NCHEMS Information Center. The National Center for Higher Education Management Systems. Retrieved fromhttp://higheredinfo.org
SHEF — State Higher Education Finance. State Higher Education Executive Officers Association. Retrieved fromhttp://www.sheeo.org/projects/shef-%E2%80%94-state-higher-education-finance
Public and Private: What 's the Difference? | Inside Higher Ed. (n.d.). https://www.insidehighered.com/views/2006/03/06/lombardi
A high school education is no longer sufficient to succeed in America’s increasingly complex economy. However, because of the high price point of a college education, far too many Americans are unable to afford education beyond high school. As shown in the graph below, the higher level of education received greatly increases the chances for employment and also dramatically increases the average salary potential of an individual.
Allan and Davis mention the spike of college cost since 1995 has increased by 150 percent; student debt has increased 300 percent since 2003, and with education, second to the mortgage industry in the nation’s debt, America needs to redirect their attention to the future and focus on education (Allan n. pg). Budget cuts from national to state
In order to develop a better job with school finances the administrator had to dedicate time, and consider many factors not just the monetary aspect, but also, an administrator has to have are where to allocate the funds, the amount available, and resources provided. Also, the importance that the financial system sees public education as an important source for the future of the children and their investments are guide tours the education (Rose, 2013). Finances at schools allows them to obtain programs to enhance the education and encourage to keep a good attendance. All schools and districts need to be somewhat strong financially in order to provide students with a higher quality education as well the technology advantages.
America’s future lies in the youth and building an educated youth that is interested in their career would benefit society. Rising college tuition is hurting the higher education of America. As more financial pressure is placed on these kids, the more they aren’t able to focus on their goals and dreams. Although inflation is a problem, the students who are able to graduate will benefit society if they worry more about their job. They should be able to satisfy their duty in society and a rise in college tuition will hinder that vision substantially.
Since the 1980’s the cost of attending colleges have increased rapidly. Rising costs of for Medicare, highways and prisons have caused many states to reduce a percentage of their budget for higher education. Colleges and Universities currently face a very serious challenge:
... through the years after the Great Depression the Unites States staked a claim in the educational advancement of its citizenship in order to build a strong economy. However, unlike years past, public ownership and support of higher education has decreased in the face of growing inflation and the nations changing economy.
This article discusses the increase in students completing high school and going on to college some of whom obtain a degree while others do not. He also discusses the correlation between the amount of college education and unemployment. He concludes with statistics showing that a college education does pay off if the person has the academic capability to obtain a degree. This article will help me to show the benefits of college for certain people. It will allow me to show that a four year degree is not the best option for everyone.
As the numbers of college graduates employment have increased for each years, many people have being debating that whether everyone should have college education and whether college education still worth it for everyone. Some people found that they did not gain the benefits that they wish from college education, and some people found that they still could not find the job they desire after they spent all the money they have on college education and being in heavy debts. Therefore, people started to believe that colleges are not designed for everyone, and force oneself to attend colleges could lead to negative outcomes. Consequently, people who cannot afford to attend colleges, who do not have adequate academic skills to be successful in colleges,
Ultimately, the United States should bring forth a free, government subsidized, higher education, because of its benefit to the economy, creation of equal opportunity, and the resolution of the student loan crisis. Even though it will require funding, there are certainly innocuous alternatives that could provide this rather than putting the extra stress on average American taxpayers.
As stated earlier, the cost of college is too high and it needs to be reduced to a more reasonable amount. It is expected that young adults in this day in age would want to go to college or another post-secondary education school to receive higher learning and to somewhat better their lives. While this is true ...
Subjects talked about incorporate the advantages, costs and financial return of school training, examination for compensation of school graduates, and the ramifications of rising educational cost and falling wages for the estimation of school instruction (Abel, Jaison R., and Richard Deitz. "Do The Benefits Of College Still Outweigh The Costs?." Current Issues In Economics & Finance 20.3 (2014): 1-12. Academic Search Alumni Edition. Web. 1 May
A college education costs a lot these days, but is a huge investment. The amount of money that the average college graduate earns is much greater than the money that the average high school graduate earns. Over the decades, the education pay gap between the educated, and the ...
O’Dubhslainé, A. 2006. The White Paper On Education: A Failure To Invest. Student Economic Review. 20 p 115
Fees and loans are too big of a load for young people to carry. A lot of students drop out do to the pressure of having to worry about all the loans they have to pay back after they are done with college. This should not be an issue to the student. According Iatham Emmmons, “Even worse, a large portion of students never receive funding at all due to the multitude of stipulations that must be adhered to in order to qualify for assistance. A major flaw in the current federal educational assistance programs is that the students’ parents’ income is used to calculate financial need” (Emmons 3). Even citizens who try to get help by applying for funding never end up getting it because they do not meet the needs required for the funding. Education should be p...
Education is as important as the air we breathe. It is the most important possession a person must have. Education is beneficial in many aspect of life especially, personal and social it is the only possession that cannot be taken away from you. Education is important because it will open up the windows of opportunities. In this competitive world having a good education is as important as the air we breathe because it is our weapon to conquer the world.