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The effects of rising tuition
Effects of rising tuition costs
Effects of rising tuition costs
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Since infancy, parents are always encouraging their children to go to college and become a professional. But in this new age economic crisis, is college really worth it? Tuition costs are rising to a criminally high price have everyone arguing. Is college really a good investment? Well in a very short way, Yes it is. An investment that makes you 500,000 to a million dollar lifetime payout is uncomparable. In the end, today an average college graduate will make far more over the course of his or her life than the average high-school graduate who doesn't attend college. This in itself should be enough, but there's also a priceless benefit of college. Going to college has been proven to give overall higher life satisfaction. This is why college is still worth it. One of the biggest reasons parents and students started having doubts of college was because of its rising prices. College prices have risen significantly throughout the last 20 years. College tuition has indeed risen to criminally expensive prices, and because of this the decision of going to college can't be made in an impulse or a whim. College isn't for everyone we all know that, but what if your a smart kid and you get accepted to a top rated college ? College is definitely the choice then. College is indeed still worth it. Going to college has many benefits, but its clearest advantage is your income. Going to college ultimately means that you make more money than you otherwise would without a degree. This is worth far more than college’s upfront price. According to the Census Bureau's Current Population Survey, in 2011 the median income of a high school grad who never went to college was $28,659. for those with some college but no degree, it was $32,036. By contrast,... ... middle of paper ... ...to drop out of college and pursue anything they want with their new found money. Nothing really was heard about any of these prodigies. Only one story was received from these kids, and that was a coffee spray. IT was a mouth spray that gave you a rush of caffeine and all. IT never reached any amusing hype and was an immediate flop. Dropping out of college might of not been their best idea that day. At its core the decision about going to college should be a very thought out decision. College isn't cheap and its worth is being challenged, but we should know that college is still one of the best investments a person can ever make. Higher income is the most important one, but surprisingly a lot of secondary effects come with deciding to go to college. These are better health, and overall higher life satisfaction. College outright makes your life better in the end.
College is thought of as what every parent wants for their child, so they can go off andmake something of themselves. For the most part, this is true. Those who attend college arebetter off than those who do not, on average, earning far more than their undereducatedcounterparts. College is a worthwhile investment and should be pursued by all who have thechance because it helps students further their knowledge, it is a place to find who you are, and itgives them a different perspective of the world.College is worth the cost because if college was available for everybody and collegedegrees were handed out as commonly and at the same rate as high school diplomas then collegewould not be that special. Therefore, college would just be an extension of high school. Ifanyone could get their hands on a degree, how would you be able to get the job you want? It isbetter for college to cost money because if a student really wants to attend college and furthertheir education, they should have already been willing to pay or to find a way to pay for collegeto get the upper hand on the general
Based on Three Reasons College Still Matters, there are three main reasons why a college education is so important. From an economical standpoint, an education is most of the time needed to earn enough money to live comfortably. Attending and completing college provides a possibility for future economic stability. Within a highly competitive workforce a college degree can put a foot in the door to a job of a person’s choice. Statistics show that people who obtain a bachelor’s degree or higher get paid more than those who do not obtain one. Many question the worth of a college degree because of how expensive it is, though some say that the money spent is an investment on a person’s future. One can say that the worth of a college education is within the eye of the beholder. Many q...
Is college worth it? Is college worth the time and energy you invest? This is a question that many students ask themselves as the cost of college rises and jobs are harder to find. As a 27 year, old college student myself I really thought about this question. I had to think back when I first started college at the age of 18 and how I was excited about starting college. I easily got tired of all the work that it took to get the degree so I dropped out. After having my first child and trying to work and take of her and myself with only making minimal wages, barely get by that when I knew college is worth it. A college education is one of the most reliable paths to financial success for students and gives the opportunity
Today’s economy is very unstable. Every day people are being laid off, many companies had folded due to the gas prices dropping at an all-time low. Parents are pondering the question, is college a good investment for my child due to uncertain of the future. There is a great debate throughout the country regarding college education. Some people argue that college is not for all students and most students will not benefit in going to college. However, from grade school to high school students are being prepared in attending college. Teachers and academic counselors tell students that in order to be successful in life that a person must obtain a higher education. Everyone has different opinions regarding if college is for every student, but with today’s technologies and the high demands of new jobs, there is one main question that needs to be answered. Does college still matters?
Due to the fact that a majority of people want a good amount of income, they choose to go to college. Majority of people choose to go to college so that they are able to receive a better salary and afford more possessions. Going to college will help you receive a better wage and a better job compared to those that only graduate from high school. College graduates are estimated to earn far more money over the course of a lifetime than compared to high school graduates (“President’s Perspective: Why go to College?”). This means that people who go to college are estimated to earn more money in one life time than that of someone who only graduated from high school. It is not always certain that going to college will get you a better salary but many statistics show that going to college can help. One of these statistics is the starting salaries of college graduates compared to those of a high school graduate. The starting salaries of college graduates are better than that of people who only graduated from high school. Starting salaries of college graduates are also steadily increasing over time. The overall average starting salary for a U.S. class of 2013 college graduates stands at $45,327, an increase of 2.4 percent over the report...
Going to college and furthering someone’s future career is a very important part of life.. Making the choice of going to college or not going to college could affect someone for the rest of their life, If a student decides to go to college after high school they will be in debt for many years after they graduate college. “Over the past decade, tuition and fees have risen much faster than inflation and outpaced the cost of housing and health care” (Blumenstyk). Blumenstyk is showing how outrageous the cost of college tuition has become. Whether it is for a University or a Community college either one. Most people spend their whole lives being in debt just because of buying a house and now they will have the burden of paying off their college tuition as well. They may keep getting a bill in the mail that most of them will hate looking at, and also putting down that much money each month for their payment. While college does create the opportunity of increased pay and better jobs, it should not mean students are required to pay all the money they earn back the college. At that point people may as well not go to a
Everyone knows that going to college and getting a degree is the most effective and guaranteed route to ensure a prosperous financial future, right? College is considered by most to be the best investment you can make in life, but what happens when that investment leaves you drowning in thousands of dollars in debt right after graduation day. This is the situation that millions of college graduates are faced with in 2016. Rising college tuition perpetuates student debt and is on a sharp incline and it seems to have no ambition of ever slowing down. The effect of this catastrophe is felt by millions of families across the country who now question, “is college really worth it?”
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. College gives young adultswith the first taste of true and undeniably terrifying freedom. It gives its students greaterresponsibility. But above all else, college is a platform in which one evolves and grows within anintellectual yet social atmosphere. It allows students to make their future brighter and it sets themup for a comfortable and happy life in which they can prosper. According to Jennifer Pfeffer“college graduates report being happier” (1). That in on itself is a great attribute for collegegraduates. Just about everyone is looking and striving for happiness, college gives you a boost toachieve
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. Increasingly, they are finding that the college experience falls short of their expectations”(Cooper. H Mary). Many people believe that the cost of a college degree has outstripped the value of a degree.Studies show that a college degree will increase your earning power. A lot of people say that a college degree now is worth what a high school diploma was wor...
Today, more jobs require more than a high school diploma. In order to get a good paying job, a college degree is required. More people are attending college in order to get better paying jobs, but is going to college worth a good job with rising tuitions across the nation? According to College Board, from 2002-2003 to 2012-2013, the average tuition and fees for a private institution rose about an average of 2.4% every year. As tuition prices increases every year, it affects millions of college students. It affects college students who have to use government aid to assist paying for college.
In 2013, 19.9 million students were enrolled in colleges and universities (college, 2014). Also in 2013, the unemployment rate for college graduates over 25 was 3.6 percent (college, 2014). Those are both great examples of a pro and a con of attending college. Although, attending college has many pros and cons. Most college graduates make more money, but student loan debt is crippling them. Going to college helps establish great connections and you learn networking skills, however, you can still be equally as successful without a college degree. More and more jobs are requiring a college degree, but you aren’t guaranteed the job in your field with the degree. Last but not least going to college is an amazing experience, however, college doesn't necessarily grow my mind if you don't do it correctly. So you have to ask, yourself do the pros out way the cons?
...all of the sides to whether college is worth the cost, it is evident that college is in fact worth the cost of tuition. College should be looked at as an investment. A college education will give the graduate more money in the end, than they invested. Even though there are temptations in college, the advantages that college gives their students far surpasses the amount of temptations there are along the way. Most college graduates graduate, and earn a degree by surpassing the temptations college gives, and instead taking in all of the advantages that it is able to offer. Even though college, becomes a redundant seven letter word, that people often get tired of hearing, college is the right step in life, for students after high school. A college education is a valuable investment that everyone should strive to achieve, and is completely worth the expensive cost.
Those who think a college education is not worth it believe that college can become a setback in life due to the thousands of dollars that college students are spending on tuition and books. Students who attend college will not have the money to purchase a home, spend money on family, vacations, or any other costly items and bills. On the other hand, most college students end up paying for their college loans all of their life or go into debt. They will never have money to rely on since their credit cards will be racking up interest for college loans that need to be paid off. As stated by Paul Taylor in Michelle Adam’s report, the cost of a college education has been at a record level and the cost of tuition and fees has more than tripled which is causing a rise in student debt (58). With rising prices, the economy is making it more difficult for people to afford a college education.
By attending college, students guarantees themselves a better job that the average Joe. Because the world is changing rapidly, and many jobs rely on new technology, more jobs require education beyond high school. With a college education, an individual will have more jobs from which to choose. In addition to obtaining a better job, people who go to college usually earn more money than those who do not. College furnishes you with proper credentials and documents to land high-level jobs. Figures from an A&E television program on ‘The Working Class’ show that in 2004 the average earnings were $23,895 for a high school graduate and $41,478 for individuals with a bachelor’s degree. Getting a college education is simply a stepping stone in ensuring yourself with a good start in life. Some may agree that college students are open minded and knows exactly how to expre...
Although that is true for some, it is not true for all. Some would say that money is not everything, as long as they are happy. While that is true and happiness should hold a great power over people’s lives, for most, college will bring people happiness. There is a great percentage that individuals that attend college will still benefit the same if not more than those that do not attend college. As earlier implied, college is not for everyone and Isabel Sawhill and Stephanie Owen display that well in their essay, “Should Everyone Go to College?.” Owen and Sawhill say that people are actually doing some individuals a disservice by telling them everyone needs to go to college (Page 209, Para 1). In “Should Everyone Go to College?” they say this because they think it is necessary that people think about their likely education path and career path before investing so much money and time into secondary education (Page 212, Para 1). This is true, people should not invest a lot of their self before they have thought about where they want this to lead them. Even though everyone does not have to go to college to benefit in academic, financial, and social ways, for most, it certainly will not do anything but make them grow as a person and become more