Every day millions of young adults wake up and go to an institution that is supposed to shape our future and better prepare us for the real world. We pay them thousands of dollars so we can earn a degree that can earn us thousands of dollars and maybe much more. We have been shaped to think that this is the exact path that we have to take when we grow up and exactly how the majority of young adults are spending their late teens to early 20s. Now to get into these institutions in which we receive our higher education from we have to meet certain requirements and fulfill their expectations to even be accepted. And even when we do there is a chance that we may not even get into the college that we want, and instead we have to go somewhere that we feel is not where we belong. A majority of people does go where they had wanted to go and enjoy the whole journey of college. We do all this for a piece of paper that states that we have a degree in a field that we may or may not pursue a career in. When someone picks a college they don’t realize that in the process of doing so they are contributing to a type of stand-alone economy. An economy is the wealth and resources of a country or region especially in terms of the production and consumption of goods and services. Within the economy there are different types of economies. One of which would be a free market economy. In this type of economy prices for goods and services are set freely by the forces of supply and demand and are
Some people think that getting a college education is not really a good idea anymore. According to Abel and Deitz, “In recent years, students have been paying more to attend college and earning less upon graduation—trends that have led many observers to question whether a college education remains a good investment” (2014, p. 1). If the student cannot find a job that pays a decent amount of money, after graduation why should the government ‘fund it?. College costs are rising each year. Future generations may not be able to go to college because tuition will be too high. But Abel and Deitz
In the essay “College Value Goes Deeper Than the Degree” author Eric Hoover claims a college education is important to one 's well-being so they can get a job and be productive in other parts of life. Promoters of higher education have long emphasized how beneficial college’s value and its purpose. Many believe the notion that colleges teach students are life skills to apply anywhere, they also work hard to earn a degree and learn specific marketable skills which they can use to get a good job. Though obtaining a college education and a degree is helpful in countless of ways, it is not necessary to pursue a college degree in world where a college degree is seen different now, people without turn out fine, the growing average of debt that students who attend college have to pay off and people without a degree can obtain many jobs that do not require college degrees.
In order to be successful in the workforce, having a powerful career there are things needed like higher education. Graduating from college is essential to finding a successful job, since more jobs are making college degree a requirement, more people are going to college. The problem is the cost of going to college outweighs the earning from the career you obtain. Very little people are able to pay for college out of pocket. In 2014, 42% of undergraduates paid for college out of pocket (Sallie Mae). The result of this is that students seeking higher education are forced to take out loans. On average, college students borrows $25,000 to earn their degrees (Alexandria). I just don 't get the concept of college tuition or student loans. It
Have you ever just stopped to think about what it must be like to be “qualified” for a job yet be unemployed and homeless? Starving on the streets because you paid everything you had to an institution that was supposed to guarantee a better life, a more stable and successful career. Obviously this is an extreme case, not everyone who pays for college ends up living on the streets and broke, but almost every college graduate is in debt. For as long as college has been around it has always meant a better life, it’s always been that people who went to college were more successful, smarter, and would make way more money than someone who didn’t go to college ever would. Lately, however, college has become so expensive that going to college will more than likely leave you in debt working for years upon years just to pay back what you owe and then start making money for yourself.
When you think of college, you think of all the classes you will be taking, the amount of homework the professors butcher you with and how you might not have time for any outside activities. What people do not think about, is that a college degree will provide them with a job that will provide money for their bills and needs. Robert T. Perry wrote, On “Real Education” and he says that “His pessimistic view of people’s ability to learn ignores not just good evidence to the contrary but the real pressures the American economy is facing. Removing some 80-90 percent of our students in my state or just about any state would interrupt the pipeline of skilled working, making it nearly impossible to meet
Arnold H. Glasow once stated, “Success is simple. Do what's right, the right way, at the right time.” Success comes in multiple forms depending on who you are and what your values consist of. In this article, Why Everyone Shouldn’t Go to College, written by Larry Cuban and reposted in the Washington Post by Valerie Strauss, pontificates on the importance of informing students college doesn’t always equate to success. More than half of college graduates flee into low-paying jobs even with high educational degrees. Cuban sheds some light on the alternatives to make money without spending a ridiculous amount on college. With that said, educating young scholars on the options they possess instead of hiding them, will further increase
College graduates can pull in higher paying employers, therefore the states can benefit by earning money off of these employers. Some children’s families cannot manage to help pay for the fees, housing, meals, books, supplies, and personal/transportation expenses, even with the pell grants and other scholarships being offered to them. Sixty percent of college students stress about not having enough money to pay for school, the other percentage are worried about not having enough to pay their monthly expenses on top of school (“College”). This in return may put a burden on society from becoming booming with well advanced and bold civilians due to the lack of interaction with college level wisdom. Student’s should all have a chance at further promoting their lives to flourish at what they believe they want to become, without having to deal with the later emotional struggles of money. Although graduates may pull in higher paying employers, the
Third, a college degree is not the best option for everybody because it creates debt. College isn’t cheap and various colleges across the nation are raising their tuition up because of the availability of federal of student aid. Therefore, this results in an increasing amount of debt for many students. Many students are struggling to pay off their student debt. According to article Student Debt Tom Price states, “A majority of college graduates are leaving school owing more than $25,000, and nearly 7 million have defaulted on their student loans—student debt nationwide totals almost $1.3 trillion”. That is roughly half of the nation of college graduates who owe back student debt. Tuition is so high that many students cannot afford to pay it. Therefore, they have to take out student loans and although a person may have a full-time or part-time job it is still harder to pay back the loans on time. For example, Jasmin Johnson explains how she owes more than $65,000 in student debt, and she’s still a year away from graduating. Tuition is so high that many students cannot afford to pay it. Johnson explains “she couldn’t afford the cost and to keep up with her studies while working full time to pay her bills”. For this reason, we see that it is a burden to pay back student loans while maintaining other priorities. Eventually, this leads to debt. There has been a high percentage of college students who cannot pay back their students loans. According to Bridget Terry Long essay, she states, “we have reached an enrollment level in which a small percentage translates into thousands and thousands of students each year. And that is a problem that cannot be ignored.”(46) She points out that not enough people make enough money to afford college. Therefore, many people can’t pay their debt back and there should be action taken against this so that college can be affordable for everyone. As the cost of tuition, fees, and room and board increases then students will have more loans to pay. According to the article Student Debt, the chart displays that nearly “10 percent of universities have increased their tuition of $20,000 or more. Debt has become a big issue for every college student. It results in other issues such as,
Statistics exhibit that majority of people are unable to pay for their further education. Pew Social and Demographic Trends state, “A majority of Americans (57%) say the higher education system in the United States fails to provide students with a good value for the money they and their families spend.” Tuition rates for colleges hyperbolizes its values comparatively to the money families spend. It also proclaims, “An even larger majority- 75%- says college is too expensive for most Americans to afford.” College snatch away the money of American families at a value too high and too much for the average family to spend. Not only does college seize the money many family don’t have to begin with, but it forces families to go into debt. Working extreme hours and trying to pay for college wearies the family’s way of living. According to Pew Social and Demographic Trends, “A record share of students are leaving college with a substantial debt burden… about half say that paying off that debt made it harder to pay other bills… about a quarter say it has had an impact on their career choices.” Debts triggers a person to change their profession and causes hardships to their life in the future. High tuition rates and debts stir students away from college and jobs that they truly want. College acquire families money at an
Advocates of this form of higher education contend “a college degree is certainly no guarantee of financial success, but it is nearly a prerequisite for moving up the income ladder if you're poor” (Rampell 1). While college has the ability to aid in the advancement of a person’s financial standing, it proves to be a fruitless investment for some students. Even with the accreditation a diploma offers, millions of graduates struggle to earn a salary that ensures the benefits of their major investment. Academic philosopher Gary Jason insists “the rising price of college tends to erase the potential returns of a college education for students of only average ability” (Jason 1). The essence of Jason’s argument is that with a multitude of programs available as an appropriate substitute, college proves to be a waste of time and money for students pursuing careers that do not demand a diploma. The financial burden of college is growing, and in some cases, it cancels out the benefits. Believers in the college dream’s claim rests on the questionable assumption that all students will successfully obtain a diploma and follow a career path that will result in profits from the
Studies suggest that fifty percent or more of new jobs that will appear in the upcoming decades will require their employees to have a postsecondary education (America’s Promise). However, the rising price of a college education is preventing many students from achieving their goal. This only adds to the number of unemployed young adults and the number of Americans living in property. People always say if you’re tired of being poor then do something about it but it is not as simple as it used to be. In the past thirty years the cost of getting a college degree has increase by 1,120 percent (Mosbergn). Not only that, but if you do manage to get a degree after you graduate you are often left paying off student loan debt. As of 2013, the amount of student loan debt to be paid off has surpassed one trillion dollars. Another reason why many student opt out of going to college is because they believe it is a waste of time. While that may not be the case for all students a recent poll showed that forty percent of college graduates are unemployed and left struggling to pay off a student loan alone with no job
Vivian Le Ms.Rose English 3P, Per.2 14 May 2015 College Is Worth It High school graduates attend college for many different reasons whether for career development or increasing one’s knowledge. Students who do graduate from college with a degree have increased job opportunities and financial advantages. However, more and more graduates are rethinking going to college because they are not “college material” or don’t have enough money to pay for their tuition. Although many people believe that college is not necessary to be successful in the future, in actuality attending college is critical because obtaining a college degree allows students to gain more knowledge and advantages for their future.
College can be perceived in two different ways: for most, the word inflicts fear into high school students around the nation; on the other hand, there are individuals that simply want to get away from home to party and live on their own. There is no sympathy for these students and it is just a waste of his or her parent’s hard-earned money and trust. College is essential for a secure future and this has let colleges raise the tuition to astronomical heights. Inflation, causing the cost of living to increase, combined with rising tuition has created major financial problems within families across America. Colleges are damaging the future of America and the government should do more to regulate the larceny conducted by the major schools.
In this society of scratching and winning mega Jackpots or investing in your talent and earning more than a brain surgeon will ever earn in a life time, many parents today worry that their children might abandon education in search of alluring horizons that promise wealth without a college diploma. If the young people would stop to think about it, only a very small percentage of the population have such luck coming their way. College is and will always remain important because somethings, some experiences in life not even money can buy but a college can make you experience and reason like a diplomat. Ultimately, what is at stake here is the young people who have abandoned reality for utopia. Student loans and lack
I am researching the economy of Brazil. The definition of economy: The Management of the income, expenditures, etc of a household, business, community, or government. Careful management of wealth, resources, etc; avoidance of waste by careful planning use; thrift or thrifty use. (1) The system or range of economic activity in a country, region, or community. (2)