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The real reason for the rising college tuition
The real reason for the rising college tuition
The real reason for the rising college tuition
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Throughout adolescence, there is a constant reminder of how important a college education is if one wants to be successful in life. Unfortunately, after generations of working hard and developing massive amounts of student debt, people begin to question the quality of a degree. The significance of college degrees gets muddled underneath the amount of stress student debt puts on people while they are pursuing individual dreams. In some cases, because of the amount of debt that has accumulated, people are never able to improve their lives after working hard through school. In this study, the effects of rising tuition are looked at through the perspectives of five individuals. There are many different types of people that are affected by the …show more content…
The Delta Cost Project at the American Institute for Research is referred to in this document and according to their research, most of the rise in tuition is driven directly by a rise in spending. For example, they mention that colleges are spending money on luxurious new projects while competing to attract more students, and consequently having students pay higher tuitions to cover the cost of the projects. The document further explains excessive spending by providing examples such as remodeling gyms and expanding dorm rooms to show the severity of the …show more content…
Many people believe that females in college are apart of a minority group, particularly females in math and science fields. This focus group was chosen in hopes to understand how rising cost of college can affect minority groups more than other groups. A total of five people were studied over the course of a week. They were asked a number of questions from having to explain their views on the rising cost of college to how they were being affected specifically as a female in their field. The group of females were studied throughout the day, during a handful of classes and daily
Bruni begins by describing the golden promise of college as it appeared for baby boomers. In that time getting into college and completing a degree was enough to be successful. He acknowledges that this idealized vision of college may be inaccurate, however, he asserts that the issue is far more “complicated” than it once was. Bruni makes use of a recent (2012) debate over student loan interest rates in the U.S. to explore the issues surrounding college education today. While rising student debt is certainly part of the problem he suggests that the issue extends beyond that. College is now a “luxury item with newly uncertain returns” (Bruni). While rising costs make college a luxury item that not everyone will be able to afford, even those who can and do manage to go to college are not guaranteed success.
The argument about if college is worth it or not has been one of the biggest arguments throughout the media for decades. Students suffer a lot from the debts that they get from college and also the amount of studying that they do in college and when they graduate they ask themselves “is graduation from college really worth all the money that we paid and all the work that we have done?”
There was a time in America where college was based solely on merit, higher education and pursuing the American Dream to obtain a career and gain social status to be successful in society. According to the Economist newspaper, rising fees and increase of student debt, shared with dwindling financial and educational returns, are undermining at least the perception that university is a good investment. Now due to high cost of an average good university, students are leaving college owing back over $100,000 and are not getting the job of their original dreams.
When coming to college your whole money situation changes, suddenly you're bombarded with housing costs and student loans that you have to pay back or you will spiral into debt. Your whole life changes you don't have your parents paying for your voluptuous wants and needs, you’re on your own. The move from high school understudy to college undergrad is a standout amongst the most upsetting and essential times in an adolescent's life. Not only is your day to day life going to change but your spending habits have to change. The school years are a period where a high school student leaves their support team behind,
Student loan debt makes up a large portion of the debt in this country today. Many defaulted loans are the demise of high interest rates, poor resources to students in educating them on other avenues and corruption in the governmental departments that oversee education and financing. There are many contributing factors that lead to the inability to pay off student loans which need government reform to protect the borrower’s best interests.
According to the Bureau of Labor Statistics, college tuition and relevant fees have increased by 893 percent (“College costs and the CPI”). 893 percent is a very daunting percentage considering that it has surpassed the rise in the costs of Medicare, food, and housing. As America is trying to pull out of a recession, many students are looking for higher education so they can attain a gratified job. However, their vision is being stained by the dreadful rise in college costs. College tuition is rising beyond inflation. Such an immense rise in tuition has many serious implications for students; for example, fewer students are attending private colleges, fewer students are staying enrolled in college, and fewer students are working in the fields in which they majored in.
Many Americans today tend to believe that a college education is valuable financially, yet some others strongly oppose this, since they look at the college education as being both time and money consuming. A person who successfully completes a college education may obtain one or all of the following; an associate’s degree after two years, a bachelor’s degree, master’s degree or a PhD. The institutions that provide the college education can be public or private. Whereas a college education might be seen as being very expensive, it actually increases people’s chances of getting higher paying jobs, instills knowledge into them, and raises their enjoyment levels.
Many kids beginning the college - decision process may be feeling lost at first, and ”By telling all young people that they should go to college no matter what, we are actually doing some of them a disservice.”(Owen and Sawhill 209) For a seventeen/eighteen year old, going to college is arguably the biggest decision that they have had to make in their life thus far, and having the facts that Owen and Sawhill produce can be invaluable to the decision-making process. It is clear that the purpose of their essay is to better inform these young adults and guide them on their journey that is life after high school. The primary claim that Owen and Sawhill attempt to drive in using rhetorical appeals is that on average, having a college degree will lead to a higher income than not having one; however, it is not universally
When it comes to achieving success in the working industry and accomplishing a successful career an education is important. Getting a degree is essential to be successful. The issue is the higher the education the person wants the higher the cost is. Nowadays, not everyone can afford paying out of pocket for an education, which mean that students are forced to take out large amount of student loans to achieve that degree. Student debt is an ongoing problem, students are gaining oversized debts that most of the time if not ALL are defaulting and jeopardizing future credits. How much debt it too much debt? Everyone should have the liberty to
As the cost of college tuition continues to rise each year, many individuals are questioning if a college education is worth the time and effort needed to obtain a college degree. In today’s society, however, a high school education or diploma is not enough to insure a chance at having a good future. For many students, the decision on whether or not he/she should pursue a higher education is a major conflict for many young adults who are graduating high school. Therefore, while some students wonder if going to college is worth the price tag, in the end, the benefits associated with earning a college degree are proven to uphold numerous opportunities for individuals in the future.
College debt is a universally known issue that remains one of society’s largest burdens today. Over the past ten years, high school students and graduates realized that they must seek a higher education in order to find a job that keeps food on the table. Attending a college or university is practically required in order to succeed in life today. Millions of people seek a higher education to pursue a degree, graduate, and acquire a quality job that supports their everyday needs. It often means a lot of money to pursue and earn a degree nowadays. What they don’t realize, is that paying their tuition and housing deposits is essentially signing a contract, costing them thousands of dollars in the near future and leading them down the dark path
Some students also attend and realize that college is not for them. At this point, they may easily become influenced by peer pressure and exhibit poor judgment. Many students look up to their parents as role models to help them decide whether they should even go to college themselves. It can be obvious to a second-generation college student of the benefits of a college education when they observe the success that their parents gain by being first generation college students. This is also reinforced when they observe the current job market. “Indeed, after World War II, the difference between the average wages of high school and college graduates was small and shrinking. After 1950, however, the trend moved in the opposite direction and accelerated as the demand for highly skilled labor increased (Brock 3)”. The bachelor’s degree received today has the same relevance as a high school diploma did in the
Imagine telling a student who just graduated from college that you have wasted four years of hard, stressful and even worse, expensive work. Unfortunately, in this cynical society today, the world isn’t just full of competitors, but it’s full of greedy money-grabbing businesses. The worst businesses aren’t manufacturing or electric companies, but colleges and universities. In Caroline Bird’s essay “College is a Waste of Time and Money,” she examines how college has been viewed for so long as the best place to send high school grads no matter whether they actually want to go or not. She adds that students don’t realize how much college costs and are wasting their parents time and money, which is especially a horrible thing to waste. Now that the economy is better since September 11th and states have been stabilizing their budget debts, it doesn’t make sense that tuition prices higher than ever for college students.
Abstract As people of many ages wish to further their education outside of high school, they tend to take out student loans in order to fulfill this wish since the large tuition payment is not in their budget. Paying for an education that presents a degree seems easy to many by taking out large loans to pay for their education. Recently, student loans have challenged the economy of Americans. Education is perceived as a necessary expense to many, in which they do not mind putting a burden on the economy for.
The cost of college can promote a serious and focused class environment. Perhaps the rising costs can be attributed back to public money that has been too easy and a lax work environment (Wobbekind 93). An increase of college cost may be subliminally inforced to filter out individuals who will work harder in their studies from those who do not have the ability to keep up. A constant internal consideration of the price may push students to do their best in order to avoid thwarting their chance to better themselves. However, this constant internalized conflict often proves detrimental to those seeking