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Issues with student debt
Issues with student debt
Importance of Education research
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For those who wish to have children in the future, imagine putting ten dollars a week aside from now until they turned eighteen. That money would hardly accumulate up to even a portion of the costs for just a single year of higher education. In the article, “America’s Most Overrated Product: The Bachelor’s Degree”, an essay from the Chronicle of Higher Education in 2008, author Marty Nemko discusses all aspects that should be considered before pursuing a serious interest in educational institutions. Being a current student at a four-year institution it concerns me for not only myself but also fellow peers if we are making the right decision. The costs of higher education are increasing drastically along with the amount of Americans in debt from student loans. The value of a bachelor degree is declining and students are faced with the question, do the benefits of a collegiate education out weigh the costs? In this article Nemko is illuminating the issues that our modern society is facing involving higher education. Students are starting off college with bare minimum requirements for next level learning and feeling disappointed when they are not succeeding in their courses. The author acknowledges that the courses being taken by students are sometimes not beneficial to life after college. Nemko states, “A 2006 study supported by the Pew Charitable Trusts found that 50 percent of college seniors scored below ‘proficient’ levels on a test that required them to do such basic tasks…”(525). Students are specializing in areas of learning to in turn be denied to working in that field and stuck with unnecessary skills. “Many college graduates are forced to take some very nonprofessional positions, such as driving a truck or tending bar”( ... ... middle of paper ... ... dollars aside from now until your future children determine if they would like to attend college or not. Is the ten dollars a week going to be worth it and are you going to be done paying for your college education as well? In the article, “America’s Most Overrated Product: The Bachelor’s Degree”, author Marty Nemko informs readers on aspects that are not commonly considered when pursuing higher education. Encourage that child to explore all of their options and inform them on not only the positive things you acquired from experiencing higher education, but the hidden down falls you dealt with like managing work loads and paying off debts. A student should be passionate about what they are learning and although it may not be in a classroom setting, sometimes choosing the path less traveled and not attending college can be the most rewarding experience known to man.
In the article “America’s Most Overrated Product: The Bachelor’s Degree” by Marty Nemko, the author argues several different views on why higher education may be very overestimated. For starters, the author shares his opinion more than anything else due to him being a career counselor. The purpose of this essay is to explain to the readers that most people start off with the idea of living the American Dream. Which is practically going to college to have a better life and career. But over the time the idea of working very hard for a Bachelor’s degree has become very dimmed. Furthermore, for some people, when they think of the American Dream they think of hope for bettering themselves and also helping their families. Unlike the author, Nemko feels that even the thought of trying to pursue to get a bachelor’s degree is overrated. The audience of this passage would most likely be teenagers going into college and parents. Nemko states that “Colleges are quick to argue that a college education is more
Bruni begins by describing the golden promise of college as it appeared for baby boomers. In that time getting into college and completing a degree was enough to be successful. He acknowledges that this idealized vision of college may be inaccurate, however, he asserts that the issue is far more “complicated” than it once was. Bruni makes use of a recent (2012) debate over student loan interest rates in the U.S. to explore the issues surrounding college education today. While rising student debt is certainly part of the problem he suggests that the issue extends beyond that. College is now a “luxury item with newly uncertain returns” (Bruni). While rising costs make college a luxury item that not everyone will be able to afford, even those who can and do manage to go to college are not guaranteed success.
Introduction: In the essay America’s Most Overrated Product: The Bachelor’s Degree by Marty Nemko argues that attending college does not benefit most students. Many of us grow up believing that going to college is the best option to get good jobs, even if we did not do so well in college. In this essay, we explore statistics presented by Nemko to get a better idea if college is worth the time and money spent on the benefits of having a diploma.
As the economy evolves and the job market continues to get more competitive, it’s becoming harder to have a successful career without some kind of college degree. This creates a belief in many young students that college actually is a commodity, something they must have in order to have a good life. There’s many different factors that influence this mindset, high schools must push the importance of the student’s willingness and drive to further their education. College isn’t just a gateway to jobs, but it is an opportunity to increase knowledge and stretch and challenge the student which in return makes them a more rounded adult and provides them with skills they might lack prior to
In todays’ society college has become more so a necessity rather than a luxury. With a job market without as many opportunities as in the past, college degrees have become required to gain most well paying jobs. Due to this it is logical to say that college should be an environment that properly prepares the young adult to succeed in the working world. Although there are some who believe that the youth of todays generation are unprepared, and that institutes of higher learning are not doing anything to aid the situation. This is a view shared by Jacob Neusner in his speech “The Speech The Graduates Didn’t Hear” and by Fred Reed in his blog post “On Campus at U.PE: The University Of Practically Everywhere”. The ideas both these men exhibit
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...
College can be a stressful time for students. They go to college to work on creating a better future for themselves. But sometimes everything gets so overwhelming, that they can’t do it anymore. In the article “What is College For?” I found the author Gary Gutting’s thesis to be “Nonetheless, there is incessant talk about the ‘failure’ of education” (412). Gutting proves his thesis to be true throughout the article. He makes different points as to why he thinks this epidemic of failure is happening in college. Access, dropouts, students becoming disengaged in learning, and focused mainly on studying for their jobs and careers. All of these things acting as the building blocks to one another in the epidemic of failure that is happening among
Stephanie Owen and Isabel Sawhill, Owen a senior research assistant at Brookings’ Center on Children and Family and as well research assistant at the Urban Institute. Sawhill a co-director of the Center on Children and as well senior economic studies at Brookings. Expressed why is important to go to college after high school and what is the results of it in their essay “Should Everyone Go to College?” Owen and Sawhill made assertions of an ongoing debate that colleges can be pricey but down the road, our lifetime earnings will be more than what we paid the college cost and that sometimes individuals can’t afford to go for numerous of reasons.
While some say that college is a good investment due to its tendency to grow a student's character and intellectual ability, the downsides to college sorely outweigh the potential benefits that it has. While college does grow a student in multiple ways, “57% say that the higher education system in the United States fails to provide students with good value for the money they and their families spend.”(Doc F). This majority opinion demonstrates that the growth you can achieve in college is sorely outweighed by its economic cost, and not worth doing.
The argument about whether college is worth it or not has been one of the biggest arguments throughout the media for decades. Students suffer a lot from the debts that they get from college and also the amount of studying that they do in college and when they graduate they ask themselves “is graduation from college really worth all the money that we paid and all the work that we have done?”. Leonhardt and Matthews are two journalists who talk about whether college is really worth it or not, and they both have different perspectives. David Leonhardt thinks that college is absolutely worth all the money you pay and the work you do, stating that “Americans with fouryear college degrees made 98 percent more an hour on average in 2013 than people without a degree.
Imagine telling a student who just graduated from college that you have wasted four years of hard, stressful and even worse, expensive work. Unfortunately, in this cynical society today, the world isn’t just full of competitors, but it’s full of greedy money-grabbing businesses. The worst businesses aren’t manufacturing or electric companies, but colleges and universities. In Caroline Bird’s essay “College is a Waste of Time and Money,” she examines how college has been viewed for so long as the best place to send high school grads no matter whether they actually want to go or not. She adds that students don’t realize how much college costs and are wasting their parents time and money, which is especially a horrible thing to waste. Now that the economy is better since September 11th and states have been stabilizing their budget debts, it doesn’t make sense that tuition prices higher than ever for college students.
In Caroline Bird’s “College is A Waste of Time and Money”, it’s argued that there are many college students who would be better off if they were to begin working after high school graduation. Colleges and universities can no longer ensure that one will go on to get a better job, getting paid more than they would have without a higher education. However, high school seniors still stress about where they will be attending college, how they’re going to pay for it and what they’re going to study for the next four years. Bird points out how college has changed over the past few decades and how, in turn, it has set many young adults up for disappointment, if nothing else.
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...
“Many institutions have begun to use hard-sell, Madison-Avenue techniques to attract students. They sell college like soap, promoting features they think students want” (Bird 372). This is a strong statement to use because it seems like some kind of item of need in everyday life for young adults. Colleges have gotten to the point where they have become so much like a business that they feel the need to satisfy the customer on what they are selling so they include all sorts of programs and curricular activities that could please the new students. Not only does it seem as if they are being pressured into attending college by their high school counselors and parents but also by their own classmates as most of them are going so many don’t want to feel out of place and they attend anyways. Due to society make it seem as if college is a necessity people feel the need to attend but also as if it is just a way to “temporarily get them out of the way…” (Bird 374) Today even some sociologist believe that college has become an institution so people just accept it without question. That’s wrong because people make it seem as if you won’t get far in life if you don’t have or get a college degree. But that shouldn’t be the case because in the past many jobs were done by people
Education comes at a high price for this generation and not just financially. Going to college can give students plenty of debt with no promise of a job in return, which can set a student father back on their course of life. Young adults trying to start their lives by going to college encounter many setbacks. Today the average cost for a private university is $25...