Higher Education Costs And Education

The trend continues with the skyrocketing prices of college tuitions. This is not an uncommon issue the days of college tuition being affordable are slowly fading into the past. This conundrum has brought to light the idea of using tax money to help pay tuition. This idea has vast potential, but can it reach its potential.

Depending on one's social class, some have a superior chance of getting into a university with no worries, the cost would not cross their mind. By having different financial classes and labelling one more advanced than the other. The more affluent class has the best ability to attend college, because they come from families who have the money and does not

Bernie Sanders, senator of the state of Vermont said, “The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt” (“Brainy Quote”). Each year students take out loans to pay for a college education. Is it really necessary? They are just going to be a statistic. I believe everyone should not go to college. College is not for everyone.

In the recent past, the cost of post-secondary school education has rapidly risen in America. An adjustment of the financial aid that comes from both state and federal governments indicates that the cost of university or college education has surpassed that of health care and even inflation (Casselman, 2012). Some of the facets that have led to the increasing costs are state and federal revenue shortfalls and wrong use of cost offsetting. A recent article published in the Wall Street Journal indicates that students across America are plunging into more debt due to loans taken to pay their college education. Considering that America has experienced severe shortages of employees in the science related courses, rising costs of higher education continue to create more concern. The issue of cost has also featured in the current American primaries with presidential hopefuls like Hillary Clinton discussing the possibility of cheap or even a free college education. On the same note of costs, the following paper is a review of an article by Baum, Kurose and McPherson, ‘An overview of American higher education’, published in the journal of the future of children.

As the cost of college education continues to rise exponentially year-by-year, politicians are talking about either or not to make it free. Presidential candidates like Bernie Sanders raise the point of making all public colleges free, and others like Hillary just want to end student debt. Making college a free and accessible to anyone sounds like a great idea, in theory, but in the United States it is not so feasible. At least; not the way some politicians plan on making it free. Reasons for which making it free would not work is that in the end, it will be damaging to the U.S. economy. Bernie Sanders wants to raise tax on the rich, the primary source of money in the U.S., but also get most of the money for this program through a tax called “Financial Transactions Tax” or FTT. To put it simply, for every transaction made in the financial markets, the tax will be of one basis point (.01 percent). Doesn’t sound terrible, right? Well not for household traders, but in companies that trade billions each day, that number is drastically larger. Another reason for which this will be damaging is that since all the money funded through this project is from Wall Street, some years could see a drastic shrink in money earned. That ties into the last point that short-term gains are very visible, but in the long run less money will be funneled to this program. So although free college may seem like a worthwhile plan for the United States, the possibility of this plan going into fruition

How would you feel if money were no object when it comes to obtaining something you really want, and know it will be of great benefit to you in exchange? In fact, what if I told you that a post secondary education can be of no cost to you or your parents, meaning no high interest rates, or additional fees to pay back. All you need is the desire to better your circumstances. No loan applications and debt required! Well, I wish that had been offered this proposition before graduating high school, and not worry about whether or not my parents could afford to send me to a traditional 4-year college. We are all currently sitting in this classroom to satisfy one of many required courses in hopes to obtain a diploma in return. Some may even be looking to transfer into a 4-year college or university. Unfortunately, the cost of college education is expensive and for many is a deterrent, and loans do not make it any more enticing. The burden in repaying student loans is enough to discourage many from ever stepping foot into a college classroom. However, as demands to fill high-paying positions in the job market increases, many are going vacant as most require college degrees. For many Americans today, high costs of colleges make it difficult to consider. Today I would like to talk about first, the problems of high costs in post secondary education, second, how this proposal has been a debate, especially among recent presidential hopefuls, and finally how a community with tuition-free

Most individuals would think that the college institutions would respond with proper accommodations for their students and provide the jobs they have trained them for, but this is not the case.

Great point, I agree that Cost of education is an ethical issue because majority of the free scholarship are offer to students with a high SAT score which that test is biased and it doesn’t provide in relevant proof on who will do well in college. However, if the government do make college education free as our Presidential candidate Bernie Sanders has been suggesting on his campaign trail how will employees be able to determine who is most qualified for the position. For the most part, I believe this would put hiring managers in tough position to determine who to hire and then the hiring process would become flawed because there is no separation amongst people interviewing for the position. Even though, you were able to find this statement.

The concept of money was introduced to facilitate the people in their dealings with the others. This is a facility not the source of division between the people. The money has become the reason of misleading a society because the people are classified based on their monetary status. According to Mirra, (2008), in the educational sector and people are graded according to their monetary value. The colleges are also divided in this way. Students have become involved in the inferiority complex. They know that they will not be able to get good education until and unless they will not be able to pay more for the expensive colleges. The society has also divided in such a way that they use to give good jobs to the students that complete their education from the expensive colleges. The poor people are not able to get well in the society. The fee college education will eliminate this worse factor of the society. The people will be treated equally, and there will be all equal opportunities from every person. The involvement of money in the college education is creating problems, but the

Specific Purpose: To persuade the audience that the cost of a higher education is too high and should be lowered to a much reasonable price.

Often students don’t believe they can afford college. Their parents don’t have the money to assist them and they know working a part time job isn’t going to cover the cost of a college education. These students should have the same opportunities as everyone else which is why the government has setup some programs for students that are in need of financial assistance.

In my opinion, college education is a very important thing to have if you are going into certain fields of work. To be an engineer, a college degree is almost always required, but to be a plumber, a college degree is not required, but going to a trade school is a good idea. College loans are often an issue and a hassle to pay off, but if you choose the right school for your career, and make good financial decisions, student loans can be more manageable. The ROI is worth the cost if you make the right financial decisions and get through college with your degree and are able to get the job you wanted.

All through life, most children are told that getting a higher education is the only way to have a successful life. Each year the cost of college rises, with that the total student debt rises as more students take out loans to help pay for his or her education. An astounding 1.2 trillion dollars is the United States student debt amount, and every year it continues to grow. (Investor’s Business, 2015, p. A14). According to new reports, 27.3% of student loans are delinquent and that on average a student’s loan debts is roughly a little over $20,000. (Investor’s Business, 2015, p. A14). Block (2014) says that about 40% of loan borrowers had a balance less than $10,000 and that about 3.7% had balances that were over $100,000.

One year at the prestigious Yale University will cost an average of $38,300 (collegeboard.com). Many students who deserve to go to this school may miss out because of the cost and lack of financial aid. The rising cost of college may put higher education out of reach for the average American. This paper will look into the reasons behind the steady rise in prices, the legitimacy of a college education, and why recent graduates are struggling to find jobs in this tough economy.

In the recent past, university tuition fees in the UK have been on an upward trend. For this reason, students are being forced to obtain student loans which are ideally supposed to be paid back once a graduate secures a job. In addition to being unfair to poorer students, the high cost of university education could in my opinion negatively affect the country over the coming years.