The price of a four year institution has soared over three hundred percent in the past twenty-five years or so. We would have to factor in general inflation numbers in order to figure out the real significance. After that, we see that in those twenty-five years, tuition has risen at a rate of two to four times that of the national inflation. That has not been the case with college, however, as enrollments only continue to go up. Ultimately this means that families are paying for a luxury they can no longer afford with money they don’t have. Families are looking at an expense that is thirty-eight percent of their entire household income. At an average cost of around twenty thousand dollars per year for college. At that rate most families would be denied a mortgage. In 2011 alone, the cost of public schools rose five point four percent and private schools rose eight point three percent, both of which significantly outpaced the three percent inflation for the economy. Many employers have said that the problem with the economy in this country is not necess...
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...ve abilities. Some schools are doing something about this rampant grade inflation by instituting limits on the number of A’s awarded, but it’s certainly not widespread practice.
I honestly think college at this certain point in time is not worth it. Everywhere else in the world college is free but the United States. I believe that people would feel more obligated to go to college if it was free. College is the main reason Americans are having to live such a hard lifestyle. My father did not go to college and makes eighteen dollars an hour. On the other hand my aunt did go to college and make twenty-four dollars an hour but is still paying back student loans so after paying all of her stuff back she only makes around fifteen dollars an hour that she gets to bring back and that doesn’t include taxes. That is why I do not think college is a good choice to make in life.
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