The level of unemployment has risen dramatically in the past years and something that can correlate with that unemployment rate is the lack of higher education. I could sit here all day and give you sob stories of people who would rather get government handouts then get up and find a job. Then there are our veterans who valiantly serve this country. Men and women who had no problem dying for their country if that’s what it came down to, they come back with hardly any marketable skills due to the fact that most enlist at the age of eighteen these people regrettably tend to fall below the poverty line due to unemployment. In this day in age a college degree is necessary to get anywhere in life, and this American dream is being ripped from our grasps by high tuition prices and the drop in grant aid.
Up until a few years ago grant aid rose rapidly and cushioned the price increases. Now it’s not rising anymore in any noteworthy way. Which means as the price goes up students end up paying for most of that price increase which just wasn’t true a few years ago. The increase in college costs which includes tuition, fees, room and board, and school supplies continues to rise higher than what families earn. Which is a real problem because not only does it affect the families but the students as well. Students not only see high debt loads affecting their ability to save for the future and to establish a household, but they can find themselves unable to keep up their payments. It can destroy their credit as well. These students who make late payments and default on their loans can affect them in the long run as well. It does affect how much interest they pay for credit in the future and it really adds up over time, and it could also prevent th...
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...aware of the possibility of an increase of price when initially searching for a college. The second is to tap into financial aid. Some families that qualify for need based aid may find that higher tuition is met with an increase in need based grants and/or loans. While some federal loans have an annual limit, loans such as Grad and Parent plus loans can cover up to the full cost of tuition. Thirdly students need to work more. Most students can’t cover the entire cost of college with a summer of work like their parents did. If we are lucky we can earn enough to cover books and extra food. Students can get involved in work study they can make $2,000- $3,000 a year. Lastly don’t let finances slow you down, working long hours or reducing their course load can cost students in the long run. Graduate in four years. The longer you are in school the more expensive it becomes.
...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. Society should encourage students to explore all job options not just the college related ones, because with the way times are changing getting trained from a vocational school is the best option America’s citizens have.
These days, colleges are seemingly endless money pits. Did you know that in 1970 at a public university, tuition on average was only $2,710? Today, we could only dream of it being so low. Once you start looking at the actual average prices of attending a college or a university, you start to think it’s a joke with how expensive it is. It’s definitely no joke. The annual cost for undergraduate tuition, room and board is estimated to be $12,804 at public institutions and $32,184 at private institutions for the 2010 academic year, according to the U.S. Department of Education’s National Center for Education Statistics. That means that even a modest education—a bachelor’s degree from a public university or college—will cost at least $50,000. You can find cheaper colleges for example if you attended a community college, but many of those you cannot get more than a two year degree with. There are also colleges with pr...
Individuals are struggling nowadays to acquire an education higher than a high school diploma. One of the main reasons for this issue could be very well the price it is to attend college. The prices have skyrocketed throughout the years. A lot of the people who attend college have to take out a “student loan,” just so they can get by. I believe one should not need to be in serious debt before they even graduate, all because they want to go out and further their education, and become successful in their life. College is a popular topic for most and Sanford J. Ungar and Charles Murray has a unique way of explaining both their opinions.
Not everyone can afford it . Some just don't meet requirements. But now everyone needs to go to college and get a bachelor’s degree or higher . The world is becoming too competitive with everyone seeking a well paying job that even offers health benefits . People can be influenced to go to college because of the money . The world has become of money . Everything is money . We need money to live with no struggle in this Economy . People are also influenced by their dreams , their family , or just fod the experience . Whatever influences a person to go college they need to go
In recent years, there has been a tremendous increase in student enrollment in higher education after high school effecting the need for financial aid for all students. Education has become a growing part in America where more students want to better their lives with a college education. However, the cost of college tuition has increased and more students find themselves struggling to pay off the enormous tuition rates. In a recent study by the Consumer Financial Protection Bureau, student debt has reached $1 trillion in federal loan debt. Student loan debt has crippled the economy and students are struggling to pay off federal loans. In order to help students with the high tuition rates of college the government and universities offer
Over the past years, getting a college degree has been the pathway to a settled career. College has been a reason for people to carry on after high school. Now that tuition has been raised, getting a degree seems to drain students with more loans and could be in debt. College has been raised to the point where people rather start working at a minimum wage than continuing with school. Working in a part-time job would be an easier choice rather than pursuing a degree.
Many people that in a financially tough situation typically do not have an education past high school. College education or vocational training is not for all people, but people with a lower level education generally are paid less than people with a higher education. People may think that if they get a higher education they will go into hundreds of thousands of dollars of debt, but that is not necessary. They could go to vocational school and save tens of thousands of dollars, compared to going to college. On average a 4 year college cost $127,000 and a vocational school costs $33,000 dollars. If money was a factor in living out an American dream, and a person was afraid of going into debt, a person could have vocational training, and still make a fair living.
and tuition plays a major role in students’ decision for attending college. Students according to a 2008 national survey of roughly 1800 students who qualified to attend college 1000 students of those 1800 did not attend college at all. The main reason claimed by 80 percent of the “non-college-goers” was due to lack of money, more especially not enough grant aid. Although a student was well qualified to attend college having no financial aid made their choice to attend impossible. On the other hand, students who couldn’t receive enough grant aid sought other alternatives to go into college like getting loans. Depending on the amount of years one chooses to attend college it can rack up to an unbelievable amount. According to Edvisors, a financial aid website, “The class of 2015 graduated with $35,051 in student debt on average.” Imagine that! It’s no wonder that the students who didn’t receive enough grant aid chose not to attend college. It was because they did not want to accumulate a debt that in most cases they would have to pay throughout their lives, claiming that tuition cost is too much for
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 college graduates are finding it hard to get jobs. The biggest issue is the amount of debt Americans are facing due to the college degree they were told they should have. Colleges have been raising the prices on everything from tuition to books. The government is giving out loans to students without even asking where they’re going to school for, or if they’ll even have a plan to pay off the debt in the future. The mentality is that corporations and business won’t hire someone unless they possess a college degree. Gerald Celente, from Trends Research Institute, says “It makes no difference to have a college degree.” (College Conspiracy Scam - youtube) He wants individuals to have minds and to think for themselves. Many believe that with a degree they can have any car and house they desire and commonly known as the American Dream.
Everyone would think getting an education is easy so you wouldn’t need a minimum wage job, but it isn’t. College tuition has gone up and so have private schools and catholic schools. Some private schools are at the cost of some colleges. Education has become very expensive, that people decide not to attend college and rather work a low paying job to get by. Some young adults are responsible for college payments if they want to further their education to make something of themselves because their parents do not have the financial funds to pay for it. People may think that parents just don’t want to pay for it, but that’s not the case, they just cannot afford it on their minimum wage job so young adults are forced to get jobs in areas such as department and grocery stores, or
There are so many students who would extremely grateful to attend any four year institution but can’t because of the lack of funds. College life can be very stressful, and the process can is very frustrating to most students the first two years. When the cost of college tuition is compared to the 21 century financial economy the cost does not make sense, because for a middle-class family it is impossible to afford sending their child to any four-year institution. It hard for students to graduate with the stress to pay-off hundreds and thousands of dollars in loans. Going to college is stressful enough without the need to worry about how we’re going to pay for it and what other costs will continue to rise with getting a degree afterwards. With the current increase of unemployment rate and the thought of going to college seems like a farfetched goal. Many people choice not to attend a four year institution, because they did receive a scholarship or enough government funding. Having a college background is very important for professional growth, it will eventually limit career opportunities. 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. For example, the some states will pay for a student’s college if they graduate high school with a GPA of 3.5 or higher. There are many states that are willing to pay for all or some of college tuition only if students are willing to use
How does the rising cost of college tuition affect us? Every year thousands of students attend a college or university, usually of their choice, with the goal of achieving a higher education and to better their future. The cost of attending college is too high and it needs to go down; there needs to be more scholarship and grant opportunities. The high cost of attending college is a major reason that students aren’t able to achieve higher education; others take this as a challenge and it is motivation for them to work harder to achieve their goal. 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. Students who wish to receive a post-secondary education must decide whether it is the right choice for them depending on their financial standpoint, meaning that they must decide if they have the resources to further their education.
With the ever-increasing tuition and ever-tighten federal student aid, the number of students relying on student loan to fund a college education hits a historical peak. According to a survey conducted by an independent and nonprofit organization, two-thirds of college seniors graduated with loans in 2010, and each of them carried an average of $25,250 in debt. (Reed et. al., par. 2). My research question will focus on the profound effect of education debt on American college graduates’ lives, and my thesis statement will concentrate on the view that the education policymakers should improve financial aid programs and minimize the risks and adverse consequences of student loan borrowing.
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...