High Cost Of A College Education Essay

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

Throughout every generation the majority of students, who want to acquire a better paying job in the world, all apply to a college of their dreams. The whole of these students know what to expect from college; education, social connections, fundamental understanding of their respective field, as well as the benefit/hope that they will receive their dream job soon after. However, these students also expect to amass an amount of debt once they graduate as this is a common fear amongst college graduates. In spite of such hindrance in their pursuit of a job, the experience from which they accumulated throughout their college life later benefits them in diverse amount of ways.

The rising cost of education in Texas colleges started in 2003 when the deregulation was lifted. Then, soon after, the Texas State legislature cut the education budget because of a drop in the economy in 2008. The cut in funding and the removal of the deregulation law allowed colleges across Texas a way to recoup lost resources by raising the cost of tuition. The raising cost of tuition has limited the amount of attending students from graduating in the expected time frame, left students in debt, and has denied the chance of countless others from attending the college of their choice. This essay will reflect on supporting evidence to demonstrate how the increase of cost of college tuition over the past 10 years has affected future and current student enrollment.

One of the major pieces to becoming a successful business man/woman is receiving a college education. A college degree is viewed as a necessity and is slowly becoming an unreachable goal for some people. Most believe that the cost of college has been rising and continues to rise, and that the rate of increase is outpacing that of other costs (NAICU). As the cost of college rises, families have to change their way of life to be fortunate enough to send their children to college. Along with changing how families’ live, many other problems are produced in various ways. The cost of college should be lowered because it imposes a burden on parents and their children, causes some students to alter their choice of which college to attend, and

Back before the 18th century a majority of jobs were in farming so there was not a high demand to go to college because there wasn’t really a need for it. During the industrial revolution manufacture and service jobs still became more popular but it was about a 50/50 split between them. Jumping forward, before WW2 not a lot of people were attending college because for most jobs a college degree was not really considered necessary. This along with the attitude pre-war “fears among national elites of the wider population becoming “over-educated” were widespread.”(the conversation.com, Valerio). This attitude, added to lower college rates. However, after WW2 America slowly started pushing to be more of a service economy and now in today world services jobs make around 79% of economy. These services were where higher paying jobs were and this meant that universities became widely popular with the trend that a higher education is “essential for economic

The first main point is to reduce the influence of poor families economics problems. In the society, the economy is the most important part in the society. The relationship between the society and school is very important.Without a diploma, a person needs to get support from the government and his lowest income cannot satisfy his basic needs. For example, Strickland says “Educational failure has huge economic costs. Over a lifetime, high school dropout can expect to earn hundreds of thousands of dollars less than his counterpart who is equipped with a diploma.The money that dropouts fail to earn is not deployed in the community in the form of consumer spending, mortgage payments,or taxes revenues. At the same time, dropouts tend to place greater

Harvard University is America's oldest higher education institution, modeled after England's Oxford University. It originally graduated about 70% of the nation’s clergymen, which has decreased to only 10% since the 19th century. Between 1636 and 1783, America charted nine colleges with only one in the south (Kaufman). Most colleges of that time only enrolled about 100 students, and even fewer than that actually graduated with degrees (Thelin, Edwards, & Moyen). With the Supreme Courts passing on the Dartmouth decision in 1819, which protected the colleges from government intervention. With the colleges only being funded by student tuition and donors most shut down during this time (Thelin, Edwards, & Moyen). Starting around the 1920’s, more colleges were offering different degrees and more diverse classes for their students. This lead to a more competitive job market, with more people attending and graduating from college with a degree. During this time period, most jobs did not require a college degree that most do nowadays.

My opportunity cost for taking this course at ASUB consist of sacrifices that will benefit me in the future. Considering opportunity cost is the way to obtain more of one thing, causing society to forgo the opportunity of getting the next best thing. That meaning sacrifice is the opportunity of the choice. (McConnell, Brue, & FLynn, 2015) By taking this course I am sacrificing spending time with my friends and family so I can further my education.

Some students will have to make $94,000 a year to pay off student loans with in 10 years. College cost have been rise about 6 to 7 percent a year.A headline from the New York Times, “Higher Education May Soon Be Unaffordable fotMost Americans.” (Chapter 3 Page 51) For the poorest of Americans it will cost 55% of their income to attend public university. A teacher said she made just under $100,000 a year which is only a quarter of what each of her students pay.

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.

The cost of college is very high compared to how the economy has been and how wages and financial aid have not risen with the cost of tuition. This makes it harder for students to graduate and brings a lot of stress to their lives. Without the funding that is needed many students drop out or take a longer time finishing their degree. Going to college is stressful enough without the need to worry about how you’re going to pay for it and what other costs will continue to rise with getting a degree. The cost of college is too high compared to the amount Americans make and how much they are expected to contribute.

As the cost of college rises to an astronomical amount, many American’s find themselves faced with inequality once again. Inflation associated with the cost of higher education is now bordering on the ethical question, is a college education, a right or a privilege? With the ever increasing wage gap in America, the middle class and lower class find themselves struggling to gain a college degree. This pondering thought led me to my research question: is it ethical to continually raise the cost of tuition? By researching this topic, I set out to learn the reasoning behind constantly increasing the cost of tuition and if the nation as a whole should have the opportunity to attend college, regardless of income level. My research question is important because it will inform future college students how their tuition money is being spent, why the cost of education is continually rising and if there is anything they can do to counteract the cost of college.

College students need to think of their tuition expenses as an investment in their futures and, as a result, they must be centrally concerned with the return on investment that they will get after they complete the degree program and begin to apply for professional positions. This is a key consideration for students in an era of rising tuition costs and unprecedented average student loan balances, and it's one way to "beat the system" and get a great degree at a great overall price. The question that many students have, however, is how they actually assess both the cost and ROI of a school that may not have even accepted their admission application yet. There are a few things that can make this process easier.

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 United States was founded to give its citizens the rights to life, liberty, and the pursuit of happiness — the American Dream. Without an extended education, the American dream is unattainable. The declining value of a public education is failing many Americans, leading to difficulty finding employment in a competitive job market thereby, threatening the American Dream of homeownership.