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Rising cost of higher education
High cost of higher education
Effects of rising tuition costs
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There was a time in America where college was based solely on merit, higher education and pursuing the American Dream to obtain a career and gain social status to be successful in society. According to the Economist newspaper, rising fees and increase of student debt, shared with dwindling financial and educational returns, are undermining at least the perception that university is a good investment. Now due to high cost of an average good university, students are leaving college owing back over $100,000 and are not getting the job of their original dreams.
Colleges have failed to stabilize tuition cost and has risen almost triple the cost since the 80’s in reference to The Economist news paper. In our country only 57% of Americans will be able to successfully complete their four-year college degree within six years as high tuition costs remains. Another failure that allowed colleges to raise tuition is due to the major cuts from states leaving the colleges to support themselves. The state found other concerns as priority and to invest in according to the New York Times article, Obama Vows Action on College. When the state or federal government no longer advances in aiding colleges and universities where does that leave our country for the future?
President Obama stated that the government would not continue to invest funds into an "undisciplined system." Field K. (2013, August 21) Obama Vows Action on College Costs, but Observers Say His Options Are Few. P.1, Washington Post. As well, the President stressed on how he will withhold some federal aid from colleges that fails to keep tuition growth low, and has proposed grants for states and colleges that adopt cost-saving measures. NY Times states that the federal gover...
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...t will build our future career seekers of the future. Heuve, V.K (2012, May 1) Free College? We Can Afford It, The Washington Post.
Works Cited
Clingman, J. (2014, May 05). Time to bail students out of $1 trillion debt. University
Wire Retrieved from http://search.proquest.com/docview/1520794349?accountid=27899
Field K. (2013, August 21) Obama Vows Action on College Costs, but Observers Say His Options Are Few. P.1, The Washington Post
Garrahan, & John. (2014, May 02). Forgiving student loans won't fix crisis. Daily Journal Retrieved from http://search.proquest.com/docview/1520399845?accountid=27899
Heuve, V.K (2012, May 1) Free College? We Can Afford It, The Washington Post
Mentzer, & Robert. (2014, May 02). Seek ways to address student loan debt burden.
Wausau Daily Herald Retrieved from http://search.proquest.com/docview/1520412288?accountid=27899
Kelly, Andrew. “The Problem Is That Free College Isn’t Free.” The New York Times. The New York Times Company, 20 January 2016.Web. 20 March
The American Education system needs to check their purpose and refocus students back on the reason for furthering their education. Although, many colleges are known for many amenities and student activities, college students need to focus on the issues at hand and conquer them with knowledge and compassion for humankind. Americans need to realize that student debt is a national crisis, and the best way to make a change is be involved and responsible for every cost during your education career. As a responsible student, know where your tuition money goes and question changes that are going on at school, students pay for the experience they should know what is
Going to college and getting a degree is a very important factor in succeeding in the 21st century competitive world. Nonetheless, many people do not go to college because of how expensive col-lege has become and the fear of being in debt. Sometimes college does not work out for every-one. President Barack Obama has proposed a plan to make the first two years of community col-lege free to encourage people to go to college, get a degree, and make the United States the most educated country or at least catch up to the rest of the countries like Russia and Canada. Howev-er, Obama 's action of reducing the costs of community college will not significantly increase the number of students who will graduate with degrees. Instead of making college
Tuition and fees has extremely risen over the past years which makes it extremely difficult for both social economic groups to invest in a higher education for their families. Today’s college students borrow and accumulate more debt than previous years (The White House). For instance, “In 2010, graduates that borrowed money graduated with owing an average of more than $26,000”(The White House). As a result, President Obama has expanded federal support to help more families and students to afford higher education (The White House). Also, he believes that it is a shared responsibility of the federal government, states, colleges, and universities for making higher education
The article, of the extreme student debt crisis, written by James B Steele and Lance Williams, is a disturbing truth fact. The student loan industry is not there to help the students get ahead. Its only goal is to line the pockets of private investors, banks and the federal government.
Morici, Peter. “Forgiving College Debt Won’t Help Students.” CNBC. 14 May 2013. Web. 24 Feb. 2015.
For most young Americans, college has always been preached to them as being a vital part to their success in the adult world; but as they reach this educative rite of passage many find they must take out inflated loans, work part time jobs, or even become dissuaded entirely due to the exorbitant costs of higher education. We must forsake this current antiquated system in favor of government subsidized tuition. Therefore, college education must be free because of its benefit to the economy, creation of equal opportunity, and the resolution of the student loan crisis.
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...
As the old adage that I was constantly told by my parents as a mischievous teen goes “There is a time and place for everything and it is called college”. The problem surrounding today’s youth is the fact that the “everything” referred to by the former is now too often not only encompassing the mischief performed by young adults but also the unrelenting stress of affording a higher education and the mountain of debt that is smothering young Americans seeking a better future. Despite arguments that providing free college provides more benefit to rich students than poor ones and that free education would make a degree worthless, free college educations is the best tool to close the income gap plaguing this country and revive the American Dream.
... must stop limiting our children and instead aid them in expanding their education by passing a federal law prohibiting out-of state tuition in order for students to attend some of the many prodigious colleges around the world. Ending such price discrimination would be epic and allow for a more extensive variety of choice for all college students when it comes to choosing the right college, but only if the majority of states acquire such a method of tuition equality. For years, the differences in the prices between in-state and out-of-state college tuition has always been an issue in determining where many high school graduates go to school, so by acting now we may help our future and current generations in obtaining an equal, more advanced education. Therefore, leading to a more productive work force, which in turn can generate an increase in the economy’s status.
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.
Shumski, D. (2013, August 27). Obama's new higher ed proposal: 4 pros and 4 cons | Education Dive. Retrieved February 1, 2014, from http://www.educationdive.com/news/obamas-new-higher-ed-proposal-4-pros-and-4-cons/164904/
Rotherham, Andrew J. "Student Loan Debt: Is There Really a Crisis?" TIME.com. 17 May 2012. Web. 9 Feb. 2014.
Back in the day when college was much more affordable, and held much less consequences, the debate of college education may have been all but invalid. However, nowadays, the cost of a quality college education comes with many risks that can be life changing including crippling depression and financial crisis’. With tuition rising faster than income, there may no longer be such thing as college in the near