Most parents believe college is key to success in this society. Without these opportunities for these tremendous and hardworking students the chances for them going to college is slim. The student loans have been a sufficient payment to the government, but with it so high the money might stop coming to the government all together. With so many students scared of future loans the government could lose money. Even if more people accept the loans only 37% are paying on their loans today ("How Student Loans Could Cripple the U.S. Economy").
Another reason why students are dropping out of college today is because of the tremendous increase in tuition. Tuition is becoming unaffordable to many students because of the economy and budget cuts, students have to rely on an outside income. Although the boards and government are trying to fix this problem, if the economy doesn’t get better the tuition will continue to rise. The students shouldn’t suffer because of other political issues. In this generation college is very important and finding a career is competitive, therefore education and obtaining a degree is very helpful.
But for the middle class and low income families, they face tougher times being that they don 't have the financial help like higher class families do. For the middle class and low income families, it makes more sense attending a community and junior college rather than a four year university. Although a college education grows more and more expensive every year. People begin to question whether college is a good idea to invest in or not. “As college costs continue to rise, students and their families are looking more carefully at what they are getting for their money.
Young adults trying to start their lives by going to college encounter many setbacks. Today the average cost for a private university is $25... ... middle of paper ... ...ave changed and college is extremely expensive now. There are not enough jobs openings for college graduates which leaves them unemployed with heavy debt. The vast majority of jobs in America require only vocational training or a skill certificate. People who do not have the aptitude for college should not be forced into thinking college is the only way to be successful in life.
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. As the high school chapter is coming to a close, many students have to make a decision that will affect the rest of their lives. Hopefully, for many that decision is to enroll in a college and attain a higher education. However, as tuition costs rise, students have to take a second look at their options for a better future.
This exists because with schooling becoming so expensive, students get overwhelmed and don’t continue to pursue a degree due to outstanding loans. Although this might be true, many students could still get a higher paying job with little schooling than people that work right after high school. An example is," College graduates are more likely to receive on-the-job formal (22.9%) or informal (17.2%) training, more access to technology, greater autonomy, and ability to enhance skills compared to high school graduates"(College Education Par. 8). The statement reveals that students could still get paid good money with any college education, but blame the college expense for them not having a good career when they didn’t look for jobs with some
A free college education would also help me be able to find my career so much easier without spending thousands of dollars for classes I’m not interested in before finding the one I really want to have a career in. Peter Thiel, co-founder of PayPal, noticed that the cost and demand for a college education has risen significantly between when he was a college student and today; he describes this rise as irrational. Thiel thinks that students today are taking larger student loans which leave them in debt and their
If Bethune Cookman lowered tuition, and book prices, people may have more opportunity to attend.The benefits of lowering college tuition cost include the fact that higher education also will increase the accessibility of a college education. Most people are horrified of student loans because of the interest rates. Loans, both federal and private, help thousands of students every year finance their education, but that money needs to be repaid. Tuition makes it harder and harder for people to go to attend because they may not be able to afford it. Many parents like to help their children for at least the first semester of College.
However, what they have to pay back is often more than the degree is worth in terms of income. The cost of college has increased by three hundred and seventy five percent, but house hold income has raised only one hundred and twenty seven percent. The government continues to tell student to pursue education and society believes that education is the best way to go. However, the value of a college education, based on earning potential, after graduation, is falling. Based on research, some students are intimidated by the amount of money they will eventually have to pay back.
According to Cottom in order to go to college you need “cultural and social, not just economic, capital. This means you will navigate advanced courses, standardized tests, and forms” (116). She says that free college is great for people who can’t afford it, but what about the class of people who are at a disadvantage because they lack the mental capability to learn and the motivation to finish or even succeed. She said that the government would end up losing money if they let anyone attend college for free. Many students will sign up thinking they can handle it and drop after only a few semesters.