College Dropout Rates In America

As it is, there is about $1 trillion in college debt in America. A Philadelphia Enquirer article warns that, “The average debt owed per person is $25,000 -- the highest level of student debt in the nation's history,” and that the number is increased by tens of thousands of dollars for those who go on to get higher degrees. $25,000 is a lot but the reality is that a lot of people have even more than that. For example, what if someone goes to an expensive private college and their tuition is anywhere between 30 and 70 thousand per year. In total they could be paying between 120 and 240 thousand dollars per year. The majority of the country is most likely unable to easily pay for that and could end up with extensive amounts of debt just because they went to the college that they wanted to. Student’s education shouldn’t be compromised just because the school they want to go to has a high tuition. Alarmingly, “Study after study has shown the number one barrier to attending college is the published rate of tuition.”(Lowe) The amount of student debt as a result of a school’s high tuition should decide where people should go to school. If tuition is decreased then simultaneously, student debt would be as well.

College tuition is too high. Since the demand for an education and the supply of schools are both high, cost should be low. What we see,

Just about everyone agrees that college should be more affordable. A century ago high school was becoming a necessity, not a luxury; today the same is happening to college. If college is essential for building a career and being a full participant in our democracy as high school once was, shouldn 't it be free, paid for by public dollars, and treated as a right of all members of our country? The average college graduate comes out of college with at least $60,000 in debt and if they went to an Ivy League should that shots up to upward of $100,000 all this debt before they even get their first real job (“Fast Facts”). This is the burden that students have to worry about and then they only have six months to find a job that can cover they loan payments, which can be as much as a couple thousand dollars a month and most working people can’t afford that. These days it is highly emphasized that the responsibility to educate the poor lies on the shoulders of the government. It should be, considering the significant hike in the tuition fees worldwide. In such circumstances, many intelligent and hardworking students miss out on studying in a university due to lack of funds. This not only demoralizes the student, but also has a negative impact on the society as it loses out on its future professionals.

The government needs to work to reduce the cost of college tuition because college is necessary in a competitive economy, tuition has become too expensive for the majority of average Americans, and the current system of financial aid is ineffective.

College has become a norm in today’s society so much so, that the average costs of higher education are not really discussed. A public two-year in-district college was $3,520 for a full-time undergraduate student in 2016-2017 (Baum 68). Baum also declares that a public four-year in-state undergraduate tuition was $9,650; a public four-year out-of-state college cost $24,930; a private nonprofit four-year college costs $33,480; and a for-profit college cost $16,000 for that same school year. (68). Across the nation, figures will vary because of the obvious geographical region differences, but also because of price discrimination. Price discrimination allows institutions to discount their prices for a lot of students (Baum 79). Institutions do this based on individual student circumstances, and it segments the market. Institutions

According to the National Center for Education Statistics, an average undergraduate student in 2007-08 they got up to $12,740 for financial aid and for grants they got $7,110 (NCES). Colleges do give out a great number of financial aid and grants yet the cost of college is still crazy expensive. Some people can't afford college even with the financial aid and grants given to them. While students can take out loans they still have to pay them off with interest added in which can add up quickly. Universities make paying for college a little easier on students by giving out grants and aid, but most of the times the money they give students won't even put a dent into how much students still have to pay.

College tuition is a subject that I am certain is on every college student's mind. The current cost of college has become so outrageously high and so students are graduating college with what you think is a feeling of excitement for their lives starting, when in reality they are entering a pool of stress due to high amounts of debt and no job guarantees. With that being said overly expensive College Tuition is merely taking away opportunities from potential students. According to Collegefactual.com, you will see that 20 years ago the average college tuition for a student at any University was around $6,285 for the room, board, and tuition. Today, according to Niche.com, the average tuition for almost any college is over $30,000 for those same things. Today, this isn't even offered for those same colleges, we don’t even know what is actually causing the raising tuition. At this point in time, we are paying for the name. Just like clothing, we pay more for the “high end” (a.k.a the college name) items. This is an issue that not only affects college students, but people who want a good education. College tuition should be lowered because the average student debt is too high, FAFSA results can be misleading and not high enough, and there is not enough access to college for deserving students.

There are many colleges around the world and most people like to attend one. Students study hard and try their best just so they can get an acceptance letter from their dream college. However, college tuition is not that affordable; college tuition is increasing in price every single year while the yearly salary of a father stays the same or barely increases. College tuition should be affordable to everyone regardless of his or her family status and position. Students should be able to attend a college without being in a debt consisting of thousands of dollars. There are scholarships, grants and financial aid available but that does not help everyone. A middle class family cannot fully afford a child going to a 4-year college and make a living, which is comfortably in residence. A change in college tuition is definitely required for American students and the students around the world to have a better education at low cost.

An article by HO, J.D says, “the National Center for education statistics reports an average tuition of 25,409 for the 2014-15 academic year at four-year colleges and universities.” It’s amazing how costly is to get an education. Where many questions, Should the amount of wealth you make determine whether you attend college or not.? Many students going college are in college debt College expenses are getting higher, every individual that is thinking of going college goes through the financial struggle. As many think of a question of how much income they need to pay college tuition.? In regrade to making their college life, usually, student tend to go school and work. although, going school and working becomes the habit but the student will have a dangerous effect on their study. They would have less time to study and take a rest. Education has given many an opportunity to change the world and taught people to saves other people lives. Now our world has doctors, pilots, engineers, scientist and much more that people are not seeing. The life cycle of humans is amazing where we lose another and get even smarter and betters. In this cycle, many have not have gotten an opportunity to show the talent because of college tuitions rising every year. There have been different college grants and some help on college fee if you are under poverty level. Education should not be compared with the price, we can buy a nice dress with a good price but we cannot buy an education at a price

In the United States, college should remain an accessible opportunity for Americans. Any one who is willing to put in the hard work and effort to make their future better, should be secured an education. A college education is important to one 's future and can make a huge difference in how successful someone can become. There have been multiple presidents and politicians offer a solution to higher education costs being so high. The solution is to make taxpayers fund the tuition dollars. The tuition for college and universities everywhere should be shared between the government, students and families, states, and the colleges and universities themselves. College should be more affordable, but it should not be 100% taxpayer-funded tuition.

In the reading “The College Dropout Boom,” the author, David Leonhardt, describes the college admissions system as being ruthlessly meritocratic. When looking at the word meritocratic, one can visualize it as the construction of two parts: the word merit and the suffix “-ocracy”. The word merit can be defined as the deserving of reward for past actions and the suffix “-ocracy” is understood as a form of governing body. Therefore, meritocracy without context means a form of governing body which rewards deserving individuals based upon their past actions. From this definition, it is quite obvious why David Leonhardt used the word meritocracy to describe the college admissions system. According to Leonhardt, students are admitted into college

Colleges are noticing a drop in students’ interest in a higher education, because it forces them to fall into poverty. Obtaining a higher education is a dream of many working class citizens, but the price to go to a choice college is not available economically. The majority of students use some type of student loan, they have become the norm for attending college (Johnston, Roten 24). College is becoming unaffordable to many lower class students. With tuition prices this high, students are backing out of school and looking for jobs that only require a high school diploma. Student loans should help people, but it is only hurting them because they feel like they can never repay it. Especially since student debt continues to rise. “Student loan debt rose by 328 percent from $241 million in 2003 to $1.08 trillion in 2013, according to the Federal Reserve Bank of New York” (Johnston, Roten 25).

Whether a student is looking to stay in-state or move out, the cost is still very high. According to College Board, expenses, on average, to attend a 4-year university add up to around $9,000 a year for in-state residents. Triple this amount and non-residents must pay that. Private school expenses tend to add up to around $35,000 a year (College Costs). During the 1995-1996 academic years, 66% of four year students in public institutions received some form of financial aid (Losco). Although the financial aid sounds like a good plan at the time, it causes the ones who take aid to being their adulthood in a large amount of debt. Even though there are a number of scholarships and financial aid programs available, each student must qualify and meet certain requirements that are not always met.

Higher education costs have been increasing at a rapid pace, faster than inflation for the economy as a whole, for the past fifty years. It started in the 1960’s when the federal government passed the Higher Education Act to increase the amount of people able to afford and attend college. Regardless of the Unites States Government efforts to increase the affordability of college, federal aid programs have not risen to expectations due to the ever-increasing college prices. To lower the price of college, the government needs to cut back on student financial spending to go only to the lowest income families and create tax incentives for families to start saving up on their own.

While there are many problems college students’ face while attempting to obtain a degree, the largest hindrance from completion is that of financial ability. One of the largest contributors to college dropout rates is the lack of financial support. Many college students must work either full or part time to support themselves or their families. With the declining economy and increasing costs of college tuition, funds are being scarcely distributed and many college students find that they are unable to continue their education due of this.