If nothing is done to stop colleges and universities from increasing the cost of attending their school, the amount of time it takes for students to pay off their loans will become longer and longer. The extreme expenses to attend a college or university may leave a student in financial distress: which may ultimately lead to hardship in creating a living for them and affect the country’s economy. The cost of college tuition continues to increase each year. If this keeps increasing the way it has been, students will be indebted the rest of their life. Author of “The Looming Student Loan Crisis”, Jackson Toby states that student loans have increased along with the increase of tuition costs.
If you are interested in going to college, this may be important information for you to read. College costs steadily increase and it would be beneficial to you to know how to cut college costs and get financial aid. College is important to get a better job and live with a smaller amount of financial struggle. The effects of the steady increase in the cost to go to college will probably draw people away from going to college. With higher costs there may be less people, more stress for people in college, and a possible financial struggle for anyone who pays the higher costs.
One might ask why would someone want to spend money to receive more education and miss out on more years of work that they could’ve performed? For many, it is so they can receive more salary for the jobs that they will have later in life, also so that they can get training for their wanted career. The cost of attending college is high and continues to rise without indications of decreasing. The rising cost has many benefits such as earning more pay, but it also has its disadvantages such as the debt that is accumulated from student loans. Not everyone can afford to drop down thousands of dollars and attend school for a few more years.
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.
They are in debt because of the rising price of college tuition and the student loans they took out to be able to afford attending in the first place. Rising tuition and student debt are gigantic problems, and they are ruining the American dream for millions of students across the world. Student Loan Debt is a massive problem in this country, and it is something that needs to be figured out. Nearly 40% of Graduates under the age of 25 have student debt. That number has climbed 26% since 2004.
Elementary school and H... ... middle of paper ... ...t is college? It is a place that sucks up money for education. It is important to go to college but people who attend may not be able to afford the hefty costs. Some people wait to go to college later in life because they want to save up money first. Some people go to further their education right when they get their high school diplomas.
This comes at an undesirable time when families are not economically... ... middle of paper ... ... Damn High, Part III — The three reasons tuition is rising." Washington Post. 28 Aug. 2013. Web.http://www.washingtonpost.com/blogs/ wonkblog/wp/2013/08/28/the-tuition-is-toodamn-highpart-iii-the-three-reasons-tuition-is-rising Nathan, Rebekah.
26 Sept. 2013. Web. 21 Feb. 2015. Ross, Andrew. “Mortgaging the Future: Student Debt in the Age of Austerity.” New Labor Forum (Sage Publications Inc.) 22.1 (2013): 23-28.
My stand point is, you may not leave college doing the same thing you began with but the life experience is endless. College experience not only gives knowledge that builds you into a better person by giving a broader erosion. With the cost of tuition increasing will hurt our generation, by causing physical and mental stress but in the end it will all pay off. Not all colleges are for the blame; some of the blame is our economy and other factors play a big roll. As students we need to be aware of all our resources offered, such as Pell Grants, and government scholarships.
Parenthood is very important in a child’s life. Many parents don’t know th... ... middle of paper ... ...to finish college and get a degree, but because of financial difficulties their goal remains a dream. College dropout rates are increasing every year for many different reasons. Whether it’s how the kids were raised by their parents or their not prepared enough for higher education. Another reason why students are dropping out of college today is because of the tremendous increase in tuition.