In a push for education equality and against exploitation by for-profit colleges, the Obama administration has unveiled a "College Scorecard" highlighting schools with the biggest bang for your buck.
The end-product of a two-year investigation of 7,000 institutions of higher education, the College Scorecard differs from other university ranking systems by comparing college costs to graduation rates, loan repayment rates, and average post-graduate salaries. The resulting college search engine tool, available at collegescorecard.ed.gov, encourages recipients of Pell grants and student loans to apply to schools with high graduation rates and post-graduate salaries.
The Obama administration is also sharing the data it found with major college
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One of the purposes of College Scorecard is to make prospective students as business-minded as these colleges: if schools only care about their bottom line, then students deserve to be able to use the same logic, choosing a school based on how likely they are to graduate from it and find a well-paid job, based on how much they have to pay for it.
Obama's Dream, Partially Realized
Obama first announced this plan two years ago. But back then, it was more ambitious: not only would it rank all 7,000 schools based on their "worth" from a student perspective, but it would even penalize high-cost, low-reward universities and for-profit colleges by restricting their access to Pell grants and Federal student loans, shifting these benefits to more "worth-it" schools. The idea was that taxpayers should not be subsidizing tuition that profits institutions more than students.
The idea garnered scathing criticism. Much of it came from presidents of the very high-cost universities and for-profit schools who would have been penalized by the program. They paid to lobby against the plan and save their backs. They seem to have
In the twenty-first century, there is heavy competition between colleges. Unfortunately, the ideal theory of the free market economy does not exist in the real world, because no one actually values quality. Most consumers never care about quality nor do they have the time to inform themselves; they only care about convenience. In other words, they will likely prefer inferior products. As a result, colleges have been competing in a downwards spiral of education quality. In his essay, “Why Colleges Shower Their Students with A’s,” Brent Staples criticizes colleges for inflating grades through comparing and contrasting, exemplifying, analyzing cause and effect, and making an argument.
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
First they reveal that there is not enough information available for prospective students to research possible colleges to decide if that institution would be beneficial for them (Pg.220, Para.1). They proceed to document several efforts that attempt to solve this problem, such as the College Scorecard and PayScale college rankings (Pg. 220, Para.3). However they claim that these efforts are not enough and more must be done. The authors insist that in addition to providing information, students need assistance with increasing the ROI of their college education. They suggest that colleges should work to ensure that more of their students graduate (Pg.221, Para. 3). Also, students should have help discovering how much financial aid they are eligible for, as they often underestimate the amount they could earn (Pg. 122, Para. 2). Owen and Sawhill reveal that future college students are often confused when it comes to choosing an institution and finding help to graduate and pay tuition. Therefore they use pathos to connect with their reader’s compassion for these students. Suggestions on how to assist these students are offered. Overall the argument is strengthened as the authors unveil certain needs of students through
College has become a significant chapter in the lives of many Americans today. In most cases, to reach the well-paying and dreamed-of careers, students must have a bachelor's degree or higher in a certain field of expertise — typically from a university. While this is true, many students have realized that university-level education, even in-state, is not cheap. With tuition rates on the rise, college is beginning to be seen as more of a burden than an opportunity. Although scholarships and financial aid decrease the net cost of attending college, the majority middle class students are not equipped with enough aid to graduate debt free, or even close to it.
The U.S. is home to some of the greatest colleges and universities in the world. But with an overwhelming 1.3 million students graduating with an average student loan debt of $29,000 each and with youth unemployment elevated, the question of whether or not college tuition is worth the money arises (The Institute for College Access & Success, 2013). Higher education faces intimidating challenges: continually rising costs, access and completion problems, constant changing of technology, and responsibility pressures from state and federal officials. But no challenge is more intimidating than the fundamental question that many Americans face to ask themselves, "Is college worth the cost?" As a result of the economic turn down, many students who graduate are not finding well-paying jobs, either within their field of study or not.
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 higher education and advanced degrees continually rises at a greater rate than inflation in the 1970’s. 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 rewarding post-graduate employment to repay their loans.
free tuition more students can dedicate the money they use from their jobs to focus on paying
The presidential race is now consuming America. It is mentioned every morning in the news and in every “scroll” through social media. While important topics such a national security, national debt, and international affairs are brought up constantly in the debate spotlight, higher education is a topic less discussed. However, each presidential candidate has a specific, strategic plan to tackle current issues in higher education. The main issue that candidates believe should be addressed includes college costs and how they impact student debt. Each candidate has a different stance on the issue, and each have a plan to move toward solving the issue. This review will cover the current issue of student debt and how that is impacting America, each presidential candidates strategic plan to tackle this issue, a critique of each presidential candidate’s plan, and a reflection of solutions presented. Each candidate running for the 2016 presidency deserves full recognition, this review will focus on the two leading presidential candidates: Hillary Clinton and Donald Trump.
In, Leo Gerard's article, " Grading Colleges on Access to the American Dream", the author illustrates the tremendous problem of college affordability, which is a growing issue in America. While author primarily focuses on the current issue of college affordability, he also evokes memories of a time when attending college was less difficult. The author begins his argument by stating the importance of colleges and the American Dream. He outlines Obama's plan to grade colleges based on tuition, scholarships, and financial aid. He states that Obama's plan will help restore the chance for all people to attain the American Dream. The author then compares our generation to the past, as he describes the circumstances for teens growing up in the 1960s
It’s an idea that pops up every now and then. Every year many young people work hard to pass their school-leaving exams and enter a college. However, for many of them acquiring good marks is not the only worry. Unlike the lucky minority from wealthy families, they must also think about the ways of getting money to pay for their education. For a half century, federal funding has flowed to students in the form of vouchers, and students have had the power to choose from an array of providers--public, private, and for-profit. Making education free can stretch from an array of getting rid of student debts/loans to decreasing the amount of unqualified jobs with the help of President Obama 's idea of making community colleges "free." The government claims that free education is impossible, as there is no possibility to subsidize the universities and colleges with the budget funds. Moreover, when education is fully supported financially by the state, colleges lose their independence and the spirit of democracy and freedom. .
Should students who are pursuing or are within higher education be expected to receive students loans solely for college payments? If so, then, will students definitively benefit in college classes and nonetheless feel satisfaction in knowing their money is being used properly? The answer may be difficult to determine and especially understand, but the answer is nonetheless related to whether graduated students have acceptable methods of payment for education. In fact, the authors of “Are Colleges Worth the Price of Admission” in They Say, I Say, Andrew Hacker and Claudia Dreifus, argue that college leaders are becoming more inclined to encourage student loans and tuition charges rather than being concerned or dedicated with their role in challenging and educating. However, Hacker and Dreifus propose multiple changes colleges can implement to reduce the possibility of students loans and debt after graduation.
The few people who stated their supportive thoughts on this matter were encouraging about wanting free tuition for community colleges. "I think any time access to education is increased, it is a positive step forward in economic vitality, Stanley said.” (Obama 's free community college tuition plan raises doubts). I agree with what Stanley stated when we take the initiative to realize there is a problem in our education system with furthering our education it’s a good leap forward to more people getting the right education needed to get better jobs and provide for their families. Even David Patti who is president and CEO of Pennsylvania business council also suggested cost of tuition wouldn’t need to be very high in cost if companies donated equipment and computers necessary to the schools. Laura Fisher who is senior vice president with Allegheny business council stated a good example such as there are
Free college has been thrown around in U.S. politics for quite sometime now but has never gained any momentum. The biggest issue with is that the government would have to raise taxes to subsidize the cost which never agrees with a large portion of the population. Another issues is that people are worried that the more wealthy students will benefit much more than than the poorer families still.
These grants combined with free tuition would benefit students like myself, who cannot afford a caregiver to care for my spouse, the opportunity to work less than 50 hours a week so I could focus more on my studies and the chance to really learn instead of racing through assignments. I enjoy the privilege of online classes but would love the chance to sit in a class under a teacher. These opportunities and benefits are costly to dreams, the tax payer and colleges.
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.