Cost Of College Essay

Knowledge is the key to success, but at what cost? Although colleges have been around in North America since sixteen thirty-six, community colleges have only been around for one hundred years. Community colleges offer an associate's degree that can be completed in two years and can be transferred to a four-year college, where they can complete their bachelor’s degree. Community colleges are generally cheaper and smaller than four-year colleges, but still cost a sizeable amount averaging three thousand five hundred dollars a year (College Board). Although the cost of community colleges is expensive from a front view, a free two-year college would create substantially amount of more problems than it would solve.

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.

lot of dollars for an unemployed family man or woman with little or no income.

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.

There is no escaping the fact that the cost of college tuition continues to rise in the United States each year. To make it worse, having a college degree is no longer an option, but a requirement in today’s society. According to data gathered by the College Board, total costs at public four-year institutions rose more rapidly between 2003-04 and 2013-14 than they did during either of the two preceding decades (Collegeboard.com). Students are pressured to continue into higher education but yet, the increasing costs of books and tuition make us think about twice. Sometimes, some of these students have to leave with their education partially finished, leaving them with crushing debts. It is important to find the means to prevent these

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).

Families are now aiming low when it comes to college- or are simply not going at all. Money could play a huge part in this decision- after all, the cost of college has skyrocketed over the years, and so has the amount of student loan debt. This is something even Leonhardt admits, stating that, because of this, only about 33 percent of young adults get a four-year college degree today, while another 10 percent receive a two-year degree (Leonhardt). And even though many colleges offer financial aid packages, that money may soon be cut and the cost of college will continue to grow. It is true that, in my personal experience, just because a student is awarded financial aid does not mean they have a golden ticket to University. This leaves many desperate students the only option of taking out as many loans as they think they can handle- often more than they should. Debt is not a new issue for America, but it is still a problem. Although David Autor, an M.I.T. economist, laments: “not sending [young adults] to college would be a disaster”, no one can ignore the rising rates of loan defaults, and some think it

However, college education not only delivers a degree or diploma, but also intellectual growth and a more promising future of financial stability and happiness. With things like fees, financial aid, housing and transportation, it is understandable for any individual to be frustrated with the many obstacles college may throw. However, college is only as difficult as one may approach it. It is an overwhelming statistic that “student debt has increased significantly,” within the past few decades (Leonhardt). With plenty of opportunities for financial aid, students can ease the tension of their wallets by taking advantage of the convenience scholarships provide.

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.

Within the past 10 years, the annual cost of college tuition has skyrocketed by almost double the amount. As a biology major and undergrad student, there comes a time where you must think about transferring to another intuition in order to further your education. In fact, the State of Florida alone offers an abundant amount of public and private university to choose from. Community colleges such as, Florida International University have countless of degree programs Raging from the associates level all the way up to doctoral degree programs. FIU has been known as one of South Florida’s top University but has a very selective acceptance rate at around 47.6 %. The estimated cost for in state tuition students is roughly about $4,721 with book fees adding up an extra $1,776 to the total. For out of state tuition, prices hit an astonishing amount of $18,895. If tuition cost is a bourbon for you, this university offers loans and Financial aid for those who qualify. A college credit will cost you anywhere from $250 to about $700 all depending on the course that was selected. In addition, FIU has a large dormitory housing center right on campus. Weather you’re in state or out of state, students living on campus have to pay a yearly living cost fee of $10,700.

Many teenagers fresh out of high school are having problems with college. The problem is not that they aren’t smart enough or don’t know what they want to major in. The problem is money. Colleges and universities today are extremely expensive, especially for students that only have a minimum wage job. The problem is, students are relying too heavily on scholarships they don’t have a chance of getting. When a student doesn’t receive any scholarships by the time they are ready to go to college, they are more likely not to attend a college. Those that do attend a college, are forced to take out student loans. The average college student owes about thirty thousand dollars on college tuition and fees. That is only for the education part,

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.

Have you ever been ambitious to attend college and when the moment finally comes, you have to drop-out because you are facing many obstacles that aren’t allowing you to pursue your dreams? Well, I have a family member who was anxious to attend college and later on dropped out due to the fact that she was having a baby which stopped her from doing many things. She had the responsibility of being a full-time mother and also a full-time worker to provide for her needs and her child's needs. In reality, college impacts people in different ways, it can affect them in a good way or in a bad way, but it's proven that most college student are going down a path they weren’t expecting. One of the main problems, lack of money brings is students dropping out of college because they can’t afford to get an education. With lack of money, students can't afford the books they need for their classes and aren’t able to pay for their own college tuition because they have other responsibilities. Also, these college students are not able to pay for public transportation because they need the money to support themselves and their child besides having to pay for other necessary things for college. This is why more money should go towards community colleges and to community college students since the not enough fund is allocated to 2-year colleges.