Did you know that 42 million people combined owe 1.3 trillion dollars in student loans? That is an enormous amount of money that will take years to pay off for most people. In the 2012 - 2013 school year, 10 millions students took out loans to pay for college because they could not pay for it. Also only ½ of low income kids attend college because they do not know how they will pay for it. These problem would be resolved it only America had free college. Tuition for community colleges should be free for the first two years. First, free college would be better for more of the struggling families in the U.S. About 60% of graduated college students have student loan costs that are close to 60% of the income of their job. If the student loans …show more content…
1/10 of college student end up with over $40,000 in debt, and a few have even $100,000. As said before, $1.3 trillion in student loans is owned by 42 million Americans. This shows just how much money is really being taken out in student loans, and depending on the annual income of the families, they could take years to pay back. Many people would also have cut spending from many other areas of their life. To make matters worse lots of people are not even making any headway on their loans because they do not have a big enough budget or make enough money, as shown in studies from December 31, 2016, $137 billion in student debt have not had a payment made on them in over 270 days. Free college for even the first two years would help lower the amount of loans a student would have when they graduate.
Many people say that college will never really be free because the cost will just raise taxes for other people. The average tuition cost for a college is $10,000, plus room and board, plus school supplies, plus all the expensive books. These kids would have to pay for all of that with no help from other, but with free college they could maybe share the cost with others and it would be much cheaper for everyone. Free college would fix this problem and help more people be able to pay for
One often overlooked point about “free” college tuition is that it is not ever free. The money does not just appear out of nowhere. What people normally mean by the statement of “free” college, it means free college for students. If the students are not paying than who would have to pay? The only other option would be the federal government. Right now, Americans owe more than $875 billion dollars in student loans. If the cost of tuition continues to grow at the rate it is, that number is only going to grow. If the federal government were to pay this, it would only further the country in debt.
I personally don't think that college should be free. Students who pay for their college are more motivated, hard working and independent. Many students would have poor motivation to finish school, because they can always come back. As a matter of fact students with ambitions to get university degree are learning much harder in high school than other, who thinks they don’t need an extra paper. There are many students that are so smart, and they will find the way to get money for school. With extra work and help from family students will be able to afford college tuitions. Students need to depend on themselves; otherwise every taxpayer will have to cover their education expenses. There are several reasons why
Education these days is vital for many job titles. It can become difficult for many people to receive a job without a high school and especially a college education. Most jobs in America, from sales manager to registered nurse and even a construction worker in some cases, require an education past high school. With the cost of college, at average ten thousand dollars at state schools, not accounting for living quarters or even meals, it is leaving many students in large overbearing debt. Many have looked for the solution of this strenuous debt and one of their solution is to make the first two years debt free. By making the first two years of college debt free, it would encourage more people to attend college, expand the educational horizons of our nation, increase employment rates of America, and it could be done without causing a larger debt on America.
First, free college may not benefit those most in need. As Matt Bruenig, a writer who researches poverty and welfare systems, in his article “The Case Against Free College” argued, “The main problem with free college is that most students come from disproportionately well-off background and already enjoy disproportionately well-off futures, which makes them relatively uncoupling targets for public transfers…At public colleges, students from the poorest fourth of the population currently pay net tuition at either two-year or four-year institutions….Richer students currently receive much fewer tuition and living grant benefits”(113). Free college should benefit poorer students, but actually could end up helping wealthy students more. Low income
Introducing free college tuition would have a positive impact of The United States, even so much as two year associate’s degree would have a hung impact. Free college tuition would give hope to the families which can’t afford the cost of tuition. Fran Cubberley states in his paper “The reality of Free Community College Tuition” that “1,300 students who completed our entry process through course registration ultimately dropped out before classes were underway. One of the major reasons was they could not pay their tuition.” Cost for tuition is huge factor on why people don’t attend college. Just think of all the amazing talent that the world is missing out on because people don’t have the money to attend college and get a degree or
To let in some light about the topic; Average debt in the US is at very high rates. “Studies show that there is no better short-term or long-term investment for the rest of society than higher education” (Page). College is expensive, let's make it more affordable. “This topic Deserves an open mind and a balanced exploration of the potential benefits, drawbacks, and alternatives” (“Should”). No matter the topic there is drawbacks. With free tuition there are not many to talk about. “As of the 2013-2014 school year, the countries with tuition-free public higher education included: Denmark, Estonia, Finland, Norway, The Slovak Republic, Slovenia, Turkey and Germany. Free college, in Europe especially has proven to be a popular idea” (“Should”). Other major countries are successfully improving with free college tuition. US students want to add America to that list.
Kelsey Griffith, a soon to be Ohio Northern University graduate will also begin paying off her $120,000 student debt while working her two restaurant jobs and moving in with her parents. That doesn’t very pleasant now, does it? There are more than $1 trillion in student loans outstanding in this country, and an increasing number of borrowers are struggling to pay them off. There is a current balance of $902 billion of nationwide federal student loans. Furthermore, an additional balance of $140 billion in private student loans, none of this drowning in debt chaos would be happening if college was simply free to everyone just like dozens of other countries such as Germany, Brazil, Finland, Austria, Norway etc. Making the universities of the United states tuition free would actually be way less costly however none of this is mentioned. College debt is clearly a huge problem and there are a few things that can be done to help.
Other countries are providing free college. America should follow in the same footsteps. This way we are all on the same page. It would help the people who want to go to college and it would save them money. But with every decision comes a dilemma. It would make taxes and housing for the students go up. According
Our debt rate in America is ridiculous. So many people are in debt, and it's usually from paying off student loans for college. There are many young adults who are intelligent enough to get into great schools. But, most families aren't as fortunate to have enough money to pay for most tuitions. Also, most young adults believe since they don't have enough money for another 4 years of school, they don't go. When colleges/universities give scholarships, it doesn't really help a lot considers the ridiculous amount of money they're asking for mediocre teaching. If Colleges/Universities were tuition free, we could bring our debt rate down by a lot.
If there were to be free college or lower tuition, private colleges would struggle to compete with public colleges. Free college tuition is limited by the reality not everyone wants to go to college and get a degree. Nothing would be completely free if college tuition were to vanish. Students would still need money for food, living expenses, personal items and more. Most students would still
If there was less tuition we would have more people who want an education and be able to get jobs in higher levels and could potentially solve other economic problems. Many do not attend college because of the cost. If there was less tuition we would have more people who want an education and be able to get jobs in higher levels and could potentially solve other economic problems. Many do not attend college because of the cost. If there was less tuition we would have more people who want an education and be able to get jobs in higher levels and could potentially solve other economic problems. This will help students who take advantage of the opportunity that free college can give everyone and help people who are not financially able to get the education they want or deserve.However there are various reason why this cannot happen on a large scale. Due to high increase in taxes and the simple fact that college is competitive therefore those who attend college and graduate are considered highly educated and respected more than
Free college would only damage the United States financially more the it already is. “The biggest problem with "free college for all" is that college degrees would become as expensive and meaningless as many high school diplomas are today.” (We Can’t Afford). Free college would be a big burden on our government
Another issue that would arise with higher education being free would be that the job market could have a higher supply educated workers in some fields than their demand. If college is free to the public, then the money has to really come from
College Education should be free. Initially, my first reason will be about how it manages to help poor students get an education. Furthermore, my second reason will be about how more people would be able to venture onto college. To sum up, my last reason will be that students will have more freedom to choose a major they enjoy. Here is my information to prove this.
Free college would save many students money which would in turn keep them out of debt. Without having to save up money, take a year off college to get a job to pay for it or take out student loans would save all students an