A College Education: Overrated or Invaluable? Essay

One of the culprits hindering higher education for Americans is the tuition rates. A report by the Delta Cost Project indicates that if tuition had grown in pace with inflation, the average tuition at in-state public colleges would only have been $2,052 in 2010. The actual price of tuition was around $7,500, and it is increasing at around 5% per year, about twice as fast as the rate of inflation. Whereas everything else in the economy doubles in cost about every 32 years, college costs have been doubling around every 15 years. In a paper published by the National Bureau of Economic Research, titled How the Changing Market Structure of U.S. Higher Education Explains College, the author, Caroline Hoxby, states that universities have little incentive

In a May 2003 persuasive article published by USA Today titled “College isn’t for Everyone”, the author W.J. Reeves states “about 15 million people in America are enrolled in college.” This is a staggering amount considering the fact that many people are in college for all the wrong reasons. About half of the Americans enrolled in college are there because they feel they owe it to their families. Only a small number of Americans in college actually feel it is necessary for successful lives. In this article, Reeves recollects on his experiences as a college English professor at an institution in New York. He speaks of how he believes that many students truly do not want to be in college. You can tell this by his stories of tardiness,

More people than ever before are attending college due to the endless opportunities that it provides. Louis Menand, a college professor and the author of “Live and Learn: Why We Have College,” explains the meaning of college through three theories that have been developed. Theory 1 supports the idea of the sorting-out process that separates the highly intelligent from the less intelligent. Menand’s second theory explains that college provides opportunities for developmental growth, personal growth, and teaches individuals about the world around us. These are valuable lessons that will not be learned anywhere else. Theory three supports the idea of people attending college to specialize in a specific vocation. I

What we get out of the college experience, we use in our day to day lives. Even the things we think aren’t important or useful end up becoming helpful. The material we learn in college is fundamental when it comes jobs and life in general. We are taught to make choices. We are taught how the real world works, and how to turn our education into our way of life. “…the really significant education in thinking that we’re supposed to get in a place like this isn’t really about the capacity to think, but rather about the choice of what to think about.” (Wallace 199).

“College Prices Soar Again!” “Budget Cuts Cause Even Higher Tuition!” “Higher Education Now Even Less Affordable” These are all statements that have been seen all over the media: newspapers, magazines, television, and radio. (3 SV: SV) Rising college tuition in America has been a problem for years. Many students drop out after a single year due to the pricey costs of tuition. The rapid rise can be attributed to many aspects of the economy, not just a single source. There have also been some propositions of how costs could be lowered, but these have yet to be seen. The United States has gone into a tuition crisis.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college incurs charges for tuition, university fees, books, room and board,

I am writing to you in regards to the blog you posted “The Case Against College Education.” You mentioned, “It is absurd that people have to get college degrees to be considered for good jobs in hotel management or accounting…” It is crucial for an individual to acquire a college degree, however, the American education system is unfair. By attending a college, students have a higher chance of economic success in the future and undergo opportunities to explore a wide variety of possible paths. There are various ways to get a college degree but in the end, there needs to be a lot of reform around education. The question remains, should we help more kids go to college or make it easier for people who did not attend college.

The increasing cost of higher education in the United States has been a continuing topic for debate in recent decades. American society emphasizes the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than inflation. According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from pursuing further education (McKeon, 2004, p. 45). The current system requires the majority of students to accumulate extensive debt with the expectation that they gain lucrative post-graduate employment to repay their loans.

Students go to college in search of knowledge, a new lifestyle, and the hope of a job after graduation. For many young adults, college is a rite of passage into an independent, mature new lifestyle. Not only is higher education a rite of passage, for some, it is also an opportunity to have a better life. Overall, college is a wonderful part of many people’s lives, yet the way the college education system is conducted wastes students time and money. College is basically composed of two parts: general education classes and major specific classes. General education courses are the source of wasted time and money, and should not be required of students. A few of the problems associated with general education classes are that they are

College is a dream that almost every American wants to come true, however, with the extreme rise in the costs of tuition it is a dream that has quickly turned into a nightmare. “Tuition at a private university is now roughly three times as expensive as it was in 1974, costing an average of $31,000 a year; public tuition, at $9,000, has risen nearly four times,” (Davidson). “For the average American household that doesn 't receive a lot of financial aid, higher education is simply out of reach,” (Davidson). That is why many students have begun questioning the worth of a college degree and if the amount of debt that is received upon exiting college is all for the better. And considering that costs have risen much faster than the rate of inflation, many are starting to believe that college just isn 't necessary any more. However, according to White, economically, the answer would still be a yes. “While unemployment rates for new grads and experienced workers alike have fluctuated throughout the recession and recovery, the earnings premium that college-and advanced-degree holders enjoy over their peers who didn 't attend college has remained relatively stable, and in some instances, grown, according to the report that was released this week,” (White). A study was shown that many college grads are able to get earnings that are significantly higher than those who did not get enough education or only hold a high school diploma (White). Even

Today college tuition prices are rising. Paying for college can often be a stressful responsibility. A college education is very important for many students, but when stressing on how to pay for college gets in the way, it becomes more of a burden. Kim Clark effectively states the rising prices of college tuition in her article, “The Surprising Causes of Those College Tuition Hikes.” Clark states that the cost of attending a public university, even after subtracting out aid and inflation, rose more than fifteen percent in the last

In recent years, the soaring cost of college tuition has angered many students and parents, leaving many wondering where they will come up with the funds to pay. While college is still a pretty sound investment for most career paths, the cost of an education has outpaced general inflation by almost double, leaving many families simply unable to shoulder the fiscal burden without incurring large amounts of debt. How did we get to where we are today? A big part of it has to do with how colleges themselves have changed and the ways our cultural outlook on higher education has evolved. More students than ever are heading to college, and expect better resources from schools each and every year. But have colleges gone too far? Part II.A discusses the history of congressional acts that have over the years increased federal educational spending while showing how college tuitions have drastically gone up. Part II.B examines how the continued investment in college at current and future prices will affect society. And Part II.C assesses different countries debt problems, why they are not in as much trouble as the U.S. and what we can learn from them.

In the first stage of the college tuition bubble, three events composed the Displacement required. The first was a societal paradigm shift in how we view college and higher education. After the discovery of both the benefits of higher education and the political value of advocating for it, politicians, community leaders, and media, in general, all conveyed repeated social, political, and cultural messages on the importance of college. Currently, seven in ten adults believe a college education is very important and more than nine in ten thought it was at least fairly important. In 1978, only 36% thought of college as very important, demonstrating the massive rise in demand due to increased messages in favor of higher education.

The cost of attending college has risen drastically over the years. Statistics show that there has been a 260% increase in tuition costs since 1980. The increase in tuition cost equates to an increase in money borrowed to fund higher education. An increase in money borrowed results in an increase in debt accumulated over time. As a result of the rising figures, the economy as a whole has also suffered because of the restricted financial space many graduates find themselves in upon completion of their degree. In this paper, we will discuss college costs, reasons why they have risen, and the best way for students to pay for it.

College tuition has been an increasingly intense topic of discussion over the years. The costs of higher education have been debated by many people, and it has been discussed as to whether costs are becoming too high for students to afford. College has become more and more popular, and now as many as 20 million students attend universities reported by The National Center for Education Statistics (1). The value of a college degree is immense, but college tuition is becoming too expensive for students to afford, and furthering the problem are students’ lack of knowledge on how to pay and earn money towards their college degree.