Improving The Role Of Financial Aid In College

For years adults have been questioning whether or not college is worth its cost. Over time the price for college has increased drastically and the potential income of a college graduate is barely following that trend. As colleges become more wealthy and powerful, they’re too pricy for someone to afford without help and debt.

The average cost of college is $60,000, for the average student it is $27,000. If you plan on going to college but the tuition is too much and you aren’t planning on staying for a long time and don’t really care as much for college and there is not point of going and just wasting your money. If you would rather have a blue collar job then you wouldn’t have to go to college for it. If you are planning to go and become a doctor or anything that is required to have a degree then that would be a white collar job then you should go to college.

The initial investment into education for a better paying job is very steep for the average american who makes around $46,409 stated by the U.S. Census and the saying that “More education leads to more money” has changed to “Money leads to more money”. So if someone would come from a family with money there is a higher chance for them to become wealthy aswell, but for those do not come from a wealthy background would have to work extremely hard to pay the bills. To sum up it is easy for anyone to say that they will go to college, but income can become a factor that could crush their dream.

Attending college after high-school is a choice everybody has to make. However, colleges can be very expensive to attend. The decision to go to college hangs mostly on one question: Is college worth the cost? Many people evaluate the cost of college by equating it to things such as family tradition and whether or not they need it for their career. To some people, college is a stumbling block, but to others, it is the key to their future.

Financial strain can lead to a mental tightrope. Constantly having the instability that comes with no steady stream of income, as well as the worries of bills and how to care for yourself and possibly your family can lead to a never ending cycle of never enough time and never enough money.

So they can’t afford the tuition every year. Despite all the opportunities that college can offer you,The tuition of attending college might be to high because a lot of students end up in debt and many students can not afford the tuition for the four years. Many people will argue with each other about why College is worth it. Everyone have their own reasons why it is and why it may not be.

I believe that the answer to the slow rate of change is the federal and academic relations. There is two instances where the federal government gets involved with higher education: the land-grant acts, and the funding for military research after World War II which both benefitted the country and institutions. SInce then, there has been a steady decline in economic growth (Gordon, 2). In a way, federal student aid is an indirect funding for higher education. Federal student aid follows students wherever they go; public and private nonprofits and for-profits. But no matter where they go, the fact is still that American higher education is still publicly supported and over 13 million students would not survive without it (studentaid.ed.gov). The

Everyone has busy lives especially those that daily, are juggling more than one task. Nowhere is this more apparent than in the life of a college professional, or someone who attends a job while going to college. Many struggle going to long work weeks to be able to afford their bills while they also going to school for hope of a better future. This is something relatable to a great deal of young Americans, and something that is becoming more common place in our older generations that later in life are choosing to advance their education. Between the exams, essays, late nights and long days how does one have time to forgo all these proceedings while simultaneously maintaining a social life? As impossible as it may sound it is achievable with the right tools, mindset and dedication.

As the annual costs of college have soared, the issues of student aid for enrollment will remain high on the federal government agenda. The concerns dealing with these issues occur because colleges are focusing on the wrong matters. The problem is not the financial aid, but the cost of tuition. Lately, the need-based aid is becoming more prevalent again in some smaller colleges due to a weak economy. There should be a balance on the essential and merit based aid. The increasing difficulty of paying for college and the significance of loaning is bringing new consideration of the rising financial-aid issues.

Currently I, Jess Grey, am unable to receive financial aid, of which determines my current enrollment status. During my previous semesters, which include until summer 2013 to fall of 2014 great duress was experienced due to personal and family related events. Events which include homelessness, lack of financial funding, and overall stress on my mental health. Instead of taking the appropriate routes, and taking a hiatus from my educational path, I repeatedly attempted to no prevail.

Also, consider ways to bring home more money, if the expenses are difficult to pay each month. Producing more income is less stressful than facing the challenges of living with limited earnings. Study the options of working overtime, or turning a hobby into extra cash.

Look at your money as soldiers who work for you. There should be an assignment for every dollar that comes in. When each dollar has marching orders, you 'll be able to experience more financial discipline. Remember that this is your budget so you can decide what you 'd like to spend money on after the necessities get taken care of.

Try to make a budget, it will be your blueprint for your finances. The first step for anyone wanting to take control of their finances is to make a budget. A budget will allow you to understand where your money is going and enable you to adjust your spending by designating how much you can afford. Creating a budget is a good idea for everyone, but especially for individuals with limited income. Write down your budget, with specific categories of spending, and stick to it. Start slowly by using a percentage on how much you will save versus spend. A plan doesn’t work unless you work the plan.

Take out your checkbook or pull your latest bank statement to help you with this step. Jot down how much you spend on things like utilities, groceries, entertainment, subscriptions, and so on. This handy worksheet can help you with keeping track of expenses.In addition,you also can use a Row-by-Column ledger, spreadsheet or other software to keep track every month. If you exclusively use a debit card for your purchases, the bank will do this for you. Now that you can visually see how much you fall short, you can adjust your spending or saving in certain areas to improve the situation. Oftentimes you’ll realize that by just making a few small adjustments to your spending habits, you can significantly improve your situation. Maybe this means cutting back on one of your magazine subscriptions, eating out one time less a month, or even just hitting the matinee instead of the prime time movie. Typically, just saving a few dollars here and there can be enough to not only make sure you spend less than you earn, but also apply a few extra dollars to things like high-interest credit card debt or your retirement savings.

It is all in your attitude and the way you look at things. Start thinking of money as a resource, like time, to be used and managed wisely. Loving it too much or spending it inefficiently will not get you anywhere.