Case Study On The Cost Of College

The trend continues with the skyrocketing prices of college tuitions. This is not an uncommon issue the days of college tuition being affordable are slowly fading into the past. This conundrum has brought to light the idea of using tax money to help pay tuition. This idea has vast potential, but can it reach its potential.

In the article “The Real Reason College Tuition Costs so Much,” author Paul F. Campos makes a deliberative argument that the cost of higher education is not caused by public funding being cut. Campos uses invention, arrangement, and style techniques in order to structure his argument and persuade his audience. His argument also contributes to the general debate in the cost of education because it is in conversation with other texts and researchers. Campos’ argument effectively contributes to the debate on the cost of higher education because he uses invention techniques, anecdotes, and counterarguments in order to prove that a lack of public funding has not caused the dramatic increase in tuition costs.

Bernie Sanders, senator of the state of Vermont said, “The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt” (“Brainy Quote”). Each year students take out loans to pay for a college education. Is it really necessary? They are just going to be a statistic. I believe everyone should not go to college. College is not for everyone.

On the end of the Democratic Party, both Hillary Clinton and Bernie Sanders presented comprehensive plans to help eliminate student debt, although they vary on how to deal with the cost of education and how much the government should pay (Josuweit, 2016). Clinton created the “New College Compact,” to address both the current and future educational costs, her main focus on addressing existing debt and allowing borrowers to refinance student loans at the rates allowed to students taking out new loans, which Clinton claims would provide to relief to twenty five million borrowers (Josuweit, 2016). In addition to this, Clinton wants to reduce interest rates on new student loans which would facilitate enrollment in IDR plans (Josuweit, 2016). On future tuition, Clinton claimed she would provide help so that students never have to borrow to pay for tuition and other fees attending a four year public college in state (Josuweit, 2016).

Texas Christian University, home of the horned frogs, is known for its exceptional medical department, and will give me a great education. Going to TCU will help me prepare for life after college and help me excel at my career.

One of the most popular ideas offered is to increase taxes for the rich in order to reduce interest rates for student loans. This has also been a very popular topic during the Presidential Campaign of 2016. United States Senator Bernie Sanders has proposed an idea in his 2016 presidential campaign that calls for free higher education. His solution urges public colleges and universities to meet the financial need of the lowest-income students. He also proposes that low-income students use state, federal, and institutional aid to cover additional expenses. He has also stated he would like to see an increase in federal aid programs for college students in debt. Another Democrat in the 2016 presidential campaign is Hillary Clinton. She has proposed a higher education plan called “The New College Compact”. "No family and no student should have to borrow to pay tuition at a public college or university, and everyone who has student debt should be able to finance it at lower rates", Clinton stated in speech she gave in New Hampshire. The plan aims at lowering interest rates of current student loans and encourages students to attend and graduate higher education schools. One change that was made by the federal government was by President Obama in 2010. He reformed the Direct Loan program into the “Obama Student Loan Forgiveness” program. Some of the policies issued in this new program include making people

Check out this great podcast episode on how to plan financially for a college education. It has helpful tips and questions to guide parents in the ins and outs of Taming The High Cost Of College.

Many answers that Hillary Clinton gave stood out to me but what caught my attention and kept it was her plan for tuition-free college for working families, “I've heard from so many of you about the difficult choices you face and the stresses that you're under. So let's have paid family leave, earned sick days let's be sure we have affordable childcare and debt-free college.” said Hillary Clinton on npr.org. This caught my attention because many families struggle to further their children’s education upon graduation of high school. At the moment being that college tuition does cost a lot, even if you are awarded a scholarship, some teens don’t further their education because of the fact some of their families don’t have the means to pay for it. Without a college degree it can be hard to find a decent job that pays enough, but with tuition-free college we would have more high school graduates furthering their education and less people making minimum wage trying to make a living

In fact, “nearly 7 out of every 10 new graduates of four-year colleges are in debt” while they only have “an average balance of nearly $30,000” (Hillary Clinton’s Commitment). The debts of these students are the “second largest source of consumer debt” and are holding back the economy since it “prevents people from forming families, buying homes, and starting small businesses” (Hillary Clinton’s Commitment). In response, Clinton has created her own policy, the New College Compact, to combat the rising costs of higher education. The plan has been stated to allow students to attend “a 4-year public college without taking loans for tuition, attend community college tuition-free” while urging “states to re-invest and schools to reduce costs and raise graduation rates”(College Compact). Furthermore, students who come from families making “$85,000 a year or less will be able to go to a 4-year public college or university tuition free”(Hillary Clinton’s Commitment). According to her plan, the “income threshold will increase by 10,000 a year...so that by 2021, all students with a family income of $125,000” will not have to pay for tuition, which covers “more than 80 percent of all families (Hillary Clinton’s Commitment). In addition, Clinton’s plan will “protect Pell Grant funding to help low- and middle- income students pay non-tuition

She believes that all students should have the opportunity to graduate from colleges in their state without racking up thousands and thousands of dollars in debt. She cites that families that have an income under $125,000 won’t pay for tuition in in-state colleges by 2021. While during her first term she pledges to make in-state public college free for families that make up to $85,000. Building on Obama’s plans, Clinton promises to make community colleges free of tuition. She believes that states need to “invest in higher education” while colleges should consistently be working to control tuition costs. She wants to give extra aid to historically black colleges as well as other institutions that aid minorities. In Clinton’s plan, no one will have to pay more than 10% of their income to student loan bills, after 20 years the debt is forgiven. Borrowers that are struggling will be given aid and Hillary wants to drastically cut interest rates for future borrowers and so that the government is never profiting from student loans. Clinton would like to simplify the process, and entice employers to help with student loan debt, while entrepreneurs should be allowed to defer their loans, and in certain circumstances the government should forgive up to $17,500 while they are in the process of risk taking. A big part of Clinton’s plan is just reducing penalties against borrowers and making refinancing simpler. Clinton plans to

Harvard University is America's oldest higher education institution, modeled after England's Oxford University. It originally graduated about 70% of the nation’s clergymen, which has decreased to only 10% since the 19th century. Between 1636 and 1783, America charted nine colleges with only one in the south (Kaufman). Most colleges of that time only enrolled about 100 students, and even fewer than that actually graduated with degrees (Thelin, Edwards, & Moyen). With the Supreme Courts passing on the Dartmouth decision in 1819, which protected the colleges from government intervention. With the colleges only being funded by student tuition and donors most shut down during this time (Thelin, Edwards, & Moyen). Starting around the 1920’s, more colleges were offering different degrees and more diverse classes for their students. This lead to a more competitive job market, with more people attending and graduating from college with a degree. During this time period, most jobs did not require a college degree that most do nowadays.

For research about my college education will be very important to me in the next 2-3 years, so I need to research everything relate it. Because I can’t afford to pay all of my college education cost, my parents said they will help me to pay for a part of my college education cost, and I will do part-time job to pay for another part of my college tuition cost. Before I research about the college education, I already knew the school’s ranking and the most popular majors of each school. I’m research on UCLA, UCI and USC, and I will compare their location, tuition cost, applying and campus life, it will help me to choose which college I want to go in the future. I want to go to a college which is not have so many undergraduates students and its

According to her campaign website, Hillary Clinton’s plan for the economy is to create an economy that works for all Americans. Hillary hopes to make public college education free to incoming students as well as provide financial relief to students who currently have

Great point, I agree that Cost of education is an ethical issue because majority of the free scholarship are offer to students with a high SAT score which that test is biased and it doesn’t provide in relevant proof on who will do well in college. However, if the government do make college education free as our Presidential candidate Bernie Sanders has been suggesting on his campaign trail how will employees be able to determine who is most qualified for the position. For the most part, I believe this would put hiring managers in tough position to determine who to hire and then the hiring process would become flawed because there is no separation amongst people interviewing for the position. Even though, you were able to find this statement.

This article highlights the results of a case study conducted at The College of William and Mary. The study seeks to pin the rising cost of living at college to the rising cost of tuition. That theory is not helpful to my stance, however their stance introduces the concept of “The Collegiate Arms Race” regarding Universities race to have the best living amenities as a way to recruit the best students.