High Education And Higher Education

1771 Words Oct 26th, 2014 8 Pages
Imagine a world with no college debt, a higher education equally available to all young people, and no college price barriers. These were the main goals of President Truman in his 1974 commission on Higher Education. Now, let us fast-forward forty years and take a look at the higher education system, which suffered an increase of one hundred and ten percent. “Eighty-five percent of college graduates are forced to move back home with their parents due to college debt, forty-two with debt currently live paycheck to paycheck, and seventeen percent delay buying a new home, and having children due to their student financial loans”(Surprising Side Effects of College Costs”). Higher education institutions increasing their costs have a greater impact on students than just being in debt; the increase I price also results in a countless number of students considering a different alternative for their higher education, future careers, and major life decisions.
When thinking about the “American Dream” in today’s society, wealth, and a flourishing career, seems to have a direct correlation with happiness. But is this “American Dream” worth an overwhelming amount of debt? The Project on Student Debt conducted a survey, which showed that seventy-one percent of college students had a student loan debt averaging $29,400 per student. Because of this alarming dollar amount, students tend to settle for two-year community colleges to obtain a degree. Although this seems like a good idea in…
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