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Is College An Option For All Students? Essay

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Problem Solution Essay: Education

The cost of college has only gone up at an astounding rate over the past decades, but the financial aid given out to high school students across America has not grown enough to compensate for that. The average cost of a four year degree has gone up a massive amount in the last 30 years, thus causing more and more students to lose hope of going to college. This increase, however, was not met with a substantial increase in aid given to students. A consequence of this difference has caused graduates to accumulate more debt than ever before. And with the increasing demand for a college degree, being almost a necessity to every job sector, while receiving minimal debt, is sometimes seen as unattainable. This begs the question: to what extent is college an option for all students?

The major contributor to the problems with higher education starts with the extreme increase in the cost. Over the last 30 years, from 1983 to 2013, the cost of the average 4 year degree has risen from $10,959 to $24,706, a 225.44% increase, or about a 7.5% increase per year. These numbers are adjusted for inflation so that means that, on average, Americans looking for a college degree have to make up another $14,000 to pay for the schooling. This does not even take into account more advanced degrees, where a private institution is needed for 4 years of education or more. This raises the cost to an average of $36,589, or almost $150,000 for the whole four years.

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