A college education should be a right for all people; therefore, college tuition should be completely subsidized as long as students meet a set GPA requirement for the program they are enrolled in and comply with a pre-determined behavioral contract. The debt that comes along with getting a college education often serves as the factor that prevents students from enrolling in college. The average debt of a college student is far too high for certain income groups to be able to even consider college as a viable option. With community colleges charging in the tens of thousands of dollars to attend for a year, the so called "affordable colleges" are becoming less and less affordable for many people. According to a speech delivered by Richard Ekman, the President of the Council of Independent Colleges, at the Metropolitan Club in New York City, "after the financial meltdown of 2008, the situation took yet another turn.
But Abel and Deitz explain the reasoning behind it, “The return has remained high in spite of rising tuition and falling earnings because the wages of those without a college degree have also been falling, keeping the college wage premium near an all-time high while reducing the opportunity cost of going to school” (2014, p. 1). Only a select few will be able therefore to attend college because no one else can afford it. This means that the only higher educated individuals will be the wealthy. Is this fair in
“Some minimum wage advocated argue that teenagers should be in high school or... ... middle of paper ... ...e a smart move by the government because looking at the ups and downs of it; there are more negative effects. Lastly, $10.10 as the federal minimum wage would be pointless because it is already a high rate in most states, and businesses would just absorb the money they are given to pay employees. Rather than having a crappy job and living on the edge with barely enough money to pay bills and not getting the chance to learn new skills as a worker, employees should have the option to get a better education for cheap and get a higher paying job where they can get promoted. Henderson, David R. "Raising the Minimum Wage Will Not Reduce Poverty." Poverty: Opposing Viewpoints.
There is no true price that you can pay for what collegeoffers. That is, because a high school graduate can readily and unfortunately expect “higherunemployment rates than college graduates” (Fain 1). And if those high school graduates happento find a job, they can expect college graduates to make approximately “$17,500 more” (TheRising Cost of Not Going to College 1) than college graduates. The statistics for going to collegemight be scary, but the ones for not going to college are terrifying.So, what exactly is so good about college? It might not seem like it, but college isn’t justthe lesser of two evils, really, college can be great for most people.
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
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
” Higher education is the single-most important investment that Americans can make in their futures, increasing their future potential earnings and lowering their risk of unemployment. Despite these benefits, the cost of attaining this education has skyrocketed over the past few decades, putting college out of reach for too many low- and middle-income families.” If a degree is expected from many employers for most entry level jobs, it should become more affordable to attain one. Bernie Sanders proposed the “College for All Act” this bill would make tuition for public colleges and universities free for up to four years. Sanders stated “in a global economy, when our young people are competing
Limitations are everywhere, but the one place there should not be any limits are in education, and that is why the government should allow everyone to acquire a college education. There are many countries in the world that are suffering because they only contain knowledge to get by from day by day basis. In the United States, there are many resources for education, but Some people are born into a poor families and can’t afford college. So they cannot support their family. However, if they had money or an education they would at least lead an enhanced life.
An increase in taxes specifically designed to fund school would erase many of the problems the community college system and K-12 system faces. The state’s low income population would greatly benefit from this as they will then be able to afford a proper education. A few cents or dollars from tax payers to a great cause like education would also help stimulate the economy. The educational system needs more money, “favorable state economic conditions such as low unemployment rates and high gross state product, for example, have been found to be associated with increased higher education spending” (Ness 337). Budget deficits will only hurt the economy as higher ranking jobs will not be available and students without a college education will be force to compete for minimum wage jobs.
Many colleges are competing with other colleges to offer the best education, and instead of increasing efficiency, the colleges decide to increase spending. The growth of spending is what i... ... middle of paper ... ...the American economy, and are spending that money instead on paying off student loan debts. American spending has been trending away from consumer credit and towards the repayment of student loan debts. The trend away from consumer credit places less dollars into the American economy that, if left to continue at the current rate, it could be disastrous. There are many solutions, but the easiest is either for the colleges to stop increasing their tuitions, or for the government to issue more grants and low interest loans.