Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Positive and negative effects of tuition fees
Negative effects of high college tuition
Negative effects of high college tuition
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Positive and negative effects of tuition fees
Higher education, for low-income high school graduates can become a burden to their families and futures. For many high placed jobs it is ensured that their employees have some kind of postsecondary education; but most students will not go anything beyond a high school diploma. Different reasons range as to why students are not exceeding in their education and one of them is college is simply unaffordable. This is why students should be provided with at least two years of free college education if they show to be progressing in their high school classrooms. President Barack Obama has already created a proposal in his State of The Union Address speech that can make this a reality for all American students. A typical four year college graduate …show more content…
Also with countries, we are competing to be at the top and as for where we are placed for the country with the most holders with degrees we are at rank 13th. Although, America is known for their productivity in their economy the level of education impacts these type of results and unless we focus on graduating to attain a degree we cannot become number one. But with President Barack Obama setting up new changes by "By 2020, America will once again have the highest proportion of college graduates in the world"(Barack). Hopefully, this increase in college graduates will encourage more peacemakers, leaders and engineers to create a brighter future for …show more content…
The student loan "debt has passed $1 trillion... Nearly 20 percent are in default on their student loans" in the United States. Many schools and jobs encourage students to further on their educations but how could students keep up with the total cost of college? Ironically, a strong educated workforce is what will help maintain America in shape but college prices have been going nowhere but up. This can create a strong effect on many of the younger students thinking about attending college, "today 's teenagers might be experiencing more and more "financial anxiety" and aversion to debt than previous generations."(Jake
The idea of freedom and equal opportunity that America was built on has sadly been lost and replaced with a system of quality education only being accessible by the wealthy. In-state college tuition should be free for all students meeting admission requirements, allowing students from the full spectrum of economic backgrounds to have the same opportunity to receive the same education. The incidence of poverty in the U.S. is directly linked to educational level. When a college degree is earned, income levels rise (College Board). The best use of federal government anti-poverty funds is not another welfare or assistance program; it is to make college education affordable for everyone.
According to Trade Schools, Colleges and Universities “Many of America's top-performing high school students never apply to the most challenging colleges and universities even though they have the ability to succeed at them. They often come from minority and low-income households and end up pursuing more affordable, less-selective schools instead.” College can be a burden to many students in a variety of different ways, but the most common reason is due to funds. Making college free for students will help this problem by increasing jobs in the work industry that require degrees, they should be affordable to all people at all cost, as well as the funds should be completely cut off because it would increase jobs and help America's economy grow.
Mark Kantrowitz indicates in his article, Why the Student Loan Crisis Is Even Worse Than People Think, that “Student loan debt is increasing because government grants and support for postsecondary education have failed to keep pace with increases in college costs”(Why 1). This means that the government no longer covers for college tuition fees. College graduates are 20% more likely to work at a job that is outside of their major by the debt they are in. Kantrowitz also mentions that “students who borrow to attend college, it appears that more than a quarter (27.2%) of them are graduating with excessive debt” (Why 1). In reality, leads to student saying that the financial cost was worthless, ending up with a job that is especially not what they went to school
"Parents with incomes below $40,000 were much more likely to say they couldn 't afford college compared to those with higher incomes. The unsettling aspect of this poll is that in all likelihood, these parents ' perceptions mirror reality," says Tamara Draut, author of "Strapped”. She talks about how most middle class families can 't afford to put their children into college. The highest education they can get is a high school diploma, which we all know in this modern world it cant get you a lucrative job to maintain your whole life. Most American don 't get the chance to develop their full capabilities through higher schooling due to lack of resources like funds to enable them see their full potential. People will say that education is meant for people who can afford to go. And already the government has made schooling from pre-k to high school free for all public school, so making community colleges free will cost the state about 60 billion dollars as said by the white house spokesman Eric Schultz . Education must not be limited to only privilege people,it should be universal for anybody willing to educate themselves to make their life better and help grow Americas economy reducing
An education is one of the most important tools a person can acquire. It gives them the skills and abilities to obtain a job, earn a wage, and then use that wage to better their lives and the lives of their loved ones. However, due to the seemingly exponential increase in the costs of obtaining a college degree, students are either being driven away entirely from earning a degree or taking out student loans which cripple their financial prospects well after graduation. Without question, the increasing national student loan debt is one of the most pressing economic issues the United States is dealing with, as students who are debt ridden are not able to consume and invest in the economy. Therefore, many politicians and students are calling on the government to forgive their student loan debts so that through their spending the slowly recovering economy can finally return to its pre-2008 strength.
Employers consider a degree necessary for getting a job at their company. However, not many people can afford college. The solution is to take out loans, then college becomes affordable. These loans create a whole different issue, student loan debt. This can affect people their whole lifetime and has been happening for years upon years. But, in the more recent years America is starting to shed more light onto the issue and are becoming curious on why colleges charge twenty five thousand dollars, or more, for a year of education. Many different countries offer free college, but in America student loan debt keeps getting worse.
It is a norm and expectation in society today for students to pursue higher education after graduating from high school. College tuition is on the rise, and a lot of students have difficulty paying for their tuitions. To pay for their tuitions, most students have to take out loans and at the end of four years, those students end up in debt. Student loan debts are at an all time high with so many people graduating from college, and having difficulties finding jobs in their career fields, so they have difficulties paying off their student loans and, they also don’t have a full understanding of the term of the loans and their options if they are unable to repay.
Children of the twenty first century spend nearly 13 years in school, preparing for what is college, one of the only ways to achieve the so-called “American Dream”. College is the best way to start an advanced career and go further than one possibly could if college degrees were not available, allowing people to achieve their view of the American Dream; whether it be large houses, shiny cars, multiple kids, or financial comfort, college is the stepping stone to achieve the American Dream. But all great things come with a price, college dragging along debt. Students who attend college struggle to find ways to pay for it, leading to applying for student loans. These loans a great short term, paying for the schooling at the moment but eventually the money adds up
When starting college every student must make a very important decision. Whether if they want to get financial aid or to pay the money up front. Having college debt will not only ruin their credit, but he or she may also have to pay off their tuition for the rest of their life. Research says, “According to the College Board, which tracks students’ financing of higher education, undergraduate students in 2013 through 2014 borrowed in the aggregate nearly $63 billion and received $33.7 billion in Pell grants.” By this quote from “Debt, Merit, and Equity in Higher Education Access” it clearly shows the effects College Debt has on their society, but also on their educational future. Every paycheck they receive, a small portion goes toward paying
In that year, the number of college graduates was only 432,058 (Sourmaidis) and ever since the demand continually increased as did price. This trend allowed for the student loan crisis to occur, which is a problem we face today. As of 2016, American students have accrued a massive 1.3 trillion in student loan debt. Just 10 years ago, the nation’s balance was only $447 billion (Clements). This ever-present cumulative burden has caused many post graduate Americans to delay important life events such as marriage, homeownership and children because of this substantial encumbrance (Clements).
George Washington Carver once stated that: “Education is the key to unlock the golden door of freedom.” An education is the first step to a job, a salary, recognition, and a successful life. The greatest pride of a nation is not their military, nor their economy. It is the ability to say that their people are educated. Now, a higher education is so closely connected to the American Dream that it is nearly impossible to reach one without reaching the other. However, now access to that dream is fading to many. Over the last 35 years, a trend in rising tuition prices has brought college education out of the reach of many low and middle class families. Between the higher tuition costs and lower average salaries, families are often forced to choose between losing access to a higher education or being burdened with debt for the rest of their lives. In order to restore access to the basics right of American citizens, it is necessary to make education more accessible by making it
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.
“A majority of Americans (57%) say the higher education system in the United States fails to provide students with good value for the money they and their families spend.” “ An even larger majority-75%- says college is too expensive for most Americans to afford”, said Pew Social & Demographic Trends, journalist of Is college Worth It? This statistic states why some Americans believe college is way too expensive. Many young adults are leaving college with a large amount of loans,about (48%) say that is harder on them to pay other bills when they're still paying on their college loans. About (25%) say its has made it harder to buy a home. Also, there's about a quarter of young adults say it has an impact on their career. Therefore, many young people believe college is way too expensive and hard to afford for most people. Overall, many people can't afford college because it's very expensive.
College debt is a big deal nowadays as college tuition rapidly increases. “About two-thirds of bachelor’s degree recipients borrow money to attend college” (p 4). College students must borrow money in order to attend college because of the cost of tuition, books, transportation, etc. Students go to college so they could earn a better paying career and a degree. Student are borrowing money to
College is unaffordable for so many people, teenagers and adults alike. Nowadays so many people choose not to go to college because it costs too much, yet it is getting harder to find a career job that does not require a college degree. It is nigh on impossible. Then, once one obtains a degree, it is still difficult. College websites brag about 50% of people finding a job in their certified field as if this is good, but it should be higher. I believe if college was more affordable, more people would be able to pursue their desired degrees without swimming in debt and not being able to find a job after college. This would help people receive a higher education that people would circulate into more diverse jobs instead of those that do decide on going to college being funneled into one program, for instance the nursing program. This is why it should be government policy to apply for cheaper college education for those who do two years of public service prior to attending college for participating volunteer programs.