IIAM Foundation's Scholarship Analysis

Over the past decade, it has become evident to the students of the United States that in order to attain a well paying job they must seek a higher education. The higher education, usually a college or university, is practically required in order to succeed. To be able to attend these schools and receive a degree in a specific field it means money, and often a lot of it. For students, the need for a degree is strong, but the cost of going to college may stand in the way of a successful future. Each year the expense of college rises, resulting in the need for students to take out loans. Many students expect to immediately get a job after graduation, however, in more recent years the chances for college graduates to get a well paying job

There is no escaping the fact that the cost of college tuition continues to rise in the United States each year. To make it worse, having a college degree is no longer an option, but a requirement in today’s society. According to data gathered by the College Board, total costs at public four-year institutions rose more rapidly between 2003-04 and 2013-14 than they did during either of the two preceding decades (Collegeboard.com). Students are pressured to continue into higher education but yet, the increasing costs of books and tuition make us think about twice. Sometimes, some of these students have to leave with their education partially finished, leaving them with crushing debts. It is important to find the means to prevent these

Many students today look towards the future scared and frightened debating their future, all of them asking the same question. Is a college education truly worth the cost and the amount of debt that a student acquires over a four-year period? Many ask what are they doing this for, a piece of paper called a degree. That’s what the articles “Five Reasons Why College is Worth the Cost,” written by Reyna Gobel and “Is College worth the cost? Many recent graduates don’t think so,” written by Jeffrey J. Selingo both address. The articles take different standpoints and views on the topic. Gobel’s article siding with the view that college is worth the cost. While Selingo’s article argues that college is not worth the cost.

Many students have aspirations about attending the college of their dreams, but many people lack financial support and are not able to go because of high tuition payments, such as housing, and other college expenses. U.S. Student Loans Debt Statistics for 2017 indicate that “the cost of attending college is becoming a growing burden for a huge portion of Americans.” (Student Loan Hero). Students are left with the option of dropping and leaving school. Even after receiving some financial support, such as scholarships and grants, students have limited amount of money to pay off their expenses. At the start of their college career, students apply for the colleges they would like to go to, and many forget about the financial decision that is required to pay for college. “A 2010 study on more than 200,000 freshmen at four-year colleges, more students rated themselves as below average in emotional health than ever before. The financial stress of worrying about their college loans and whether they’ll find a job after college and the day to day stress of making decisions for themselves in all aspects of their lives.” (Allianz). Unfortunately, freshman students are the main group of college students that go through financial conflicts, leading to stress about how to pay for college. Some students choose to work their way through college. “Others decide they’d rather be making money working full time than pursuing a costly degree. Still others become discouraged at the prospect of incurring loan debt” (College View). According to Public Agenda, “Work is the top reason young adults give for not returning to college once they leave. More than a third (36 percent) of those who left school say that even if they had a grant that fully paid for tuition

It should be common sense that those who work hard in school and achieve academically should be rewarded with the opportunity to attend better universities in our field of study. When Caldwell seeks advice from her friends on Facebook, the issue of attending the University of Wisconsin or Rutgers University is controversial. Although some argue that her son should attend Wisconsin “debt be damned”, others contend that the debt is not worth it and he should settle for Rutgers and transfer later if he desires. My view is that debts should be avoided when possible, but people should not be punished for their achievements in the education system. The harsh costs of further education limit the abilities of many middle class people, such as home ownership, job opportunities, and financial independence. Achievement and success should not be limited by being born into a family that provides a decent standard of living. The middle class is being left behind in the wake of budget cuts and higher tuition because many people earn too much to be considered for need based aid and are also incapable of affording skyrocketing tuition, room and board, and many of the other required expenses of higher education without sacrifice and looming loans. The insights of Deborah Caldwell into the costs of college are disappointing because it is just the story of one family that is facing the expense of a necessary part in a child’s education. The decision to accept financial burden to attend a prestigious program or for financial stability and a mediocre experience is a difficult one that society has forced man to make. The values of a community are reflected in their policies, and many across the country have realized the harm of slashing college aid programs. It is important

Every day in the United States thousands of juniors and seniors are applying to colleges all over the country. However, roughly 80% of Americans cannot afford the cost of attending college. Families and their children are paying over-priced college bills years after finishing school, even after scholarships, grants and aid. A college education has become necessary to acquire a decent paying job, yet prices are outrageously high. I will be attending college in two years, but the financial burden that is going to be put on myself and my parents overtime, is a major concern of mine.

Nowadays, we are always bombarded with the constant studies that show the economic benefits of going to college. For example, one study suggests that the average earnings gap for a high school graduate and someone with a bachelor’s degree working full time is about $15,000 (Owen and Isabel 210). But, all these sources only focus on the economic benefits and they make it seem that the only way to succeed. However, they don’t mention as much the possible negatives and that it might not be for everyone. The biggest obstacle, especially for the lower class students is the high cost of tuition. Which has caused student loan debt to become the second highest form of debt in the U.S, surpassed only by mortgage debt (Owen and Sawhill 212). Even if the student figures that out then there’s the problem of finishing school. Studies show fewer than 60% of students finish their 4-year degree within 6 years, if they finish at all (Owen and Sawhill 218). Then for those who do obtain their degree there’s the

College students across the nation suppress a shudder when the phrase is uttered. They try to push it to the back of their mind, to save the problem for another day. Sadly, it cannot be ignored forever. Student loans over the United States have been becoming more frequent and increasing in size for years. According to M. Swig, Hickey, and S. Swig, there are now 41 million Americans burdened with having to pay student loans back. While one may question if taking out a student loan in the thousands is worth it, one should consider today 's society. To most people, college is the only option. Parents, families, and neighbors almost force it upon the young adults because they believe it’s the only way for them to be successful. Much of the nation views a higher education as the key component in an individual 's future job, wealth, and therefore general happiness. It is almost to the point where not attending would be comparable to breaking a social norm.

There has been a moment in everyone’s life where they have dug too deep to jump back out and abandon the end goal. Students across the country that begin their junior year of high school are thinking about which choice of colleges they have in mind. One of the major problems that keeps a student back like solid steel chain is the tuition it cost for University admission. Students working their hardest throughout their high school career and having the ever conscious situation of financial problems stress them out. Students become discouraged when one of the main reasons for being unable to attend their dream college, is their inability to afford the yearly tuition cost of attendance. Students are then forced to face reality, in the sense that,

The rising cost of college tuition and student debt is a necessary evil. Many students will gladly undertake the burden of having debt in order to attain what they seek the most, a college degree. A college degree is a prestigious accomplishment; a testament to a student’s iron will. It stands as a symbolic achievement, carrying the hopes and dreams of the families who didn’t have the opportunity to continue their education. Even if the United States manages to implement free college tuition and eliminate student debt, the value of a degree shouldn’t be undervalued.

Today colleges are growing more and more necessary for attaining a solid path towards a successful career, yet the rapidly increasing cost of tuition is driving students away from their dream of attending college, due to the preposterous amount of money that is now being demanded by colleges across the nation and world as a whole. It is sad to see students being turned away from a successful future due to the money-hungry nature of the universities that dot the globe. More and more impossible it is becoming to have a “rags-to-riches” scenario that used to highlight the American Dream, as if a student doesn’t have the riches to afford a higher education and the tuition that is drug upon its coattails, then our society is doomed to be clothed in rags forever, unless major changes are brought about to restructure and end the indefatigable growth of tuition rates across the board.

As the cost of education increases, many students search for assistance to help cover that cost. That form of assistance could come from burdensome financial aid or a scholarship that provides the student with an education free from debt. That’s why I am writing you today Mr. Alan Hall on behalf of the Student Scholarship Committee, bellow we have outlined the (1) the benefits to the student, (2) the benefits to you, and (3) how you can take action to help.

Post-secondary and graduate educations are attainable goals with selected people experiencing the barrier of affordability. Certain individuals come from affluent families and money is not an obstacle to higher education. Others have opportunities to secure funds due to athletic or academic excellence with grants and scholarships. For those who don’t fit in those two categories, they still have the opportunity to go to college with the help of financial aid. If the desire is present, the effort is easy.

The biggest challenge facing college students today is seen presently within the area of financing there studies over the complete four to five year experience. Many scholarships today only offer the financial aid for the freshman year. Leaving the student stranded with unbearable financial debt accumilating for the next three to four years. Plaguing the graduates for decades to come. Predicaments of this nature should not be tolerated within our great collegiate institutes of furthering knowledge. The answer to this prevalent issue is for more institutes to offer larger scholarships and many more opportunities to gain new scholarships after their freshman year of college. In addition, another way to help minimize and solve this issue is to

Students are assumed to enroll in college the fall after graduating from high school, however, money issues often come into play. The statistics in compliance with the average number of students enrolling is declining. According to a study in 2014, the percentage of students that continue their education in college directly after high school is roughly 65.9%. Although college is rather expensive, approximately 67% of full-time students receive some form of financial aid, as in scholarships and grants. This helps tremendously, but it can still be too expensive for some students, especially if they are paying alone without help from their parents. Additionally, if a student receives financial aid, such as loans, there is a possibility they would have to pay it back in the future. This puts a limit on student’s education and raises questions pertaining to if higher education is worth it, and what values it has to offer.