Economic Effects on College Students Essay

Neill provides data on the increase of amount of students working full-time and part-time jobs during their education. She shows how this has been increasing since the 1970’s and more students are having to work while attending college to pay for expenses. This source also helps demonstrate how a shrinking middle class is affecting college students because low-income students need to work during college. It also provides more evidence on how increasing tuition is affecting students in general.

All around the United States, art programs are being cut out of the budget in public schools. The arts include dance, band, chorus, theatre, film, drawing, painting, photography and literary arts. Some school board members feel these art programs are not necessary and do not benefit the students in any way. Elementary, middle, and high school students are forced to quit their passion and feel that their talents are not supported by their schools. Although many are not aware, there is a strong connection between arts education and academic achievement. Unfortunately, due to budget cuts in many public schools, the art classes are first on the list to be cut. It is important that the students, parents and teachers

Art programs in schools across the nation are in danger of being diminished due to budget cuts and lack of funding. Due to budget cuts, “... schools have been relying more on private funds and patrons of the arts to provide creative outlets for students” (Hambek). Because art is deemed as less important than other core classes, budget cuts that have been put into place almost automatically go straight to cutting funds for art

According to Lupien, McEwan, Gunnar, and Heim (2009), going off to college involves significant adjustments to their daily routines; sleeping and eating habits, time-management skills, and stress levels will be altered in one way or another. First-year students have to adjust to the new school environment, different social settings, and new schedules, all without the help and guidance from their parents, who have been there for them for eighteen years. Over 30% of college freshman report that they feel overwhelmed (Klainberg, Ewing, & Ryan, 2010), where some students even opt to work as they juggle their class and work schedules. Some students work at a job or study harder than others, but they are all trying to get degrees so maybe one day they will have meaningful and significant lives. It is a constant struggle for everyone who is trying desperately to make him or herself into a success. And every college student wants to be involved in society in a positive manner, allowing contribution of their ideals and values to others.

Not only does the increasing cost of attending college affect a student, but unemployment rates also cause the student’s debt to continue longer than it should. Recently the unemployment rate in America has gone up dramatically, due to the economy crash. As of January 2008, the unemployment rate started increasing, starting at 5% unemployment, and in 2010, the unemployment rate was up to 9.8% (“Database”).

In 2000, the Board of Ursinus College, raised its tuition from $19,331 to $23,460. This turned out to be a 17.6% increase. Surprisingly, the tuition increase proved to be a positive change for Ursinus College. The college received more than 200 applicants than its previous year (Brickley, Smith and Zimmerman, 2009, p. 110). Other regional institutions such as University of Notre Dame, Bryn Mawr College and Rice University also experienced a similar trend once they increased their tuition rates (Brickley, Smith and Zimmerman, 2009, p. 110). The president of Ursinus College deduced that the tuition increase affected enrollment rate (increased enrollment). She simply stated that “people don’t want cheap” (Brickley, Smith and Zimmerman, 2009, p. 110).

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.

“College Prices Soar Again!” “Budget Cuts Cause Even Higher Tuition!” “Higher Education Now Even Less Affordable” These are all statements that have been seen all over the media: newspapers, magazines, television, and radio. (3 SV: SV) Rising college tuition in America has been a problem for years. Many students drop out after a single year due to the pricey costs of tuition. The rapid rise can be attributed to many aspects of the economy, not just a single source. There have also been some propositions of how costs could be lowered, but these have yet to be seen. The United States has gone into a tuition crisis.

In today's generation college students struggle to attend higher education. Tuition has been higher than ever before to attend college. This is true, college students battle to go to college. A book that I read "They Say, I say" mentions, "many families are indeed struggling, in depths of recession, to pay for their children's college eduction." (Sanford, 191). Paying for college funds affect families as well as the student.

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).

College is one of the biggest financial burdens in today’s society for many. Since the recession, people often ponder what the best financial options for students looking to go to college are and what path they should take to get them there. Mike Rose, faculty member at the Graduate School of Education and Information Studies at the University of California, Los Angeles, and Karen Lawrence, the president of Sarah Lawrence College, have both written articles about this epidemic stating the advantages and some possible downsides to pursuing a higher education. During these articles, the two writers are trying to persuade their intended audience that college is an option that could be beneficial for them to take advantage of. They both have different

The cost of tuition for higher education is quickly rising. Over half of college freshmen show some concern with how to pay for college. This is the highest this number has been since 1971 (Marill and O’Leary 64-66, 93). The amount of college graduate debt has been rapidly increasing also. With limited jobs available because of the high unemployment rate, college graduates find themselves staying in debt even longer. Although grants and financial aid are available to students, students still struggle to pay for their college tuition. Higher education costs are prohibitively expensive because the state’s revenue is low, the unemployment rate is high, and graduates cannot pay off their student loans.

The reality in education has always been, when the money is tight, it’s time to get rid of something. Why, oh why does this have to be the case? The very first thing they look at is the arts. As stated by Charles Fowler, “In many schools, the status of the arts is fragile. When school systems face budget cuts, curtailments of art and music programs are an all-too common and seemingly easy solution. Reductions often come swiftly and ruthlessly, exacting debilitating losses on faculty and programs. Arts programs are sometimes eliminated by school administrators and boards of education without much anguish or serious debate, as if they are dispensable and unimportant, inconsequential and superfluous” (Fowler, 1996, p. 36).

Working college students can also suffer outside of classes and the workplace. For example my schedule illustrates the conflicts of trying to take on too many duties. Since I work nights during the week, the weekends are a more convenient time that I can study. Because I have to use my weekends to do school work, I can’t do other things. My apartment is a mess since I have no time to clean it. Worse, my girlfriend is threatening to leave me because I have no social life. We never even go out like we once used to now when she comes over, I am too busy studying. However the rewards of earning a college degree in this economy can be the difference between having

The rising costs of formal education has become a real and concerning issue for most Americans. Whitehouse.gov states, the average income of families has remained roughly the same in the last three decades. In that time the tuition rates have more than tripled. This leaves families struggling to get their kids through school. According to Forbs, universities and colleges have been raising their tuition fees by 2 to 5% each year. Forbs also found that in public schools while students are paying more for their education, the college or university is spending less money on the student’s education. Forbs explains that the 2008 recession is largely to blame. On the contrary, that was 6 years ago and public schools are still spending less money on student’s education but charging the student more for it. This means that the tuition students are paying is not being