Ivory Tower is a film regarding higher education institutions and cost factors to students. More importantly it, the movie depicted the struggle between student debts at different institutions. The cost factor for attending higher education is increasing which is causing students to have to find ulterior ways to receive an education. The filmmakers would want the leadership at Texas State Technical College to hear about the rise of student debt and higher education. At TSTC, we understand the rise of student debt. In some cases, students graduate with degrees and the jobs that they are hired for right after college is only enough to pay basic bills. Our goal at TSTC, is to train a student in a technical field, and help place them in a job that …show more content…
In the past, higher education was for the elite or upper class that could would pay for education. The National Defense Educational Act of 1958 as well as the G.I. Bill are some ways that helped pave the way for the idea of “college” to be attainable and affordable to people. It helped pave a way to make college affordable for those in lower income levels. In contrast, however, various higher education institutions are making renovations to the school in hopes to draw more attention to potential students. The film showed the example of the different amenities some schools were offering in hopes to increase their student enrollment. The increase in amenities is one factor to increase enrollment. It is not the main factor, but is one factor none the less. The financial aid package is a package presented to students that helps them pay for college by using scholarships, grants and loans. After watching this movie, I learned that the amount of student debt reaching one trillion dollars is appalling. The increase in tuition is causing students to find other ways to pay for college. In some cases students are turning to loans to pay for college. In looking at the statistics from the readings this week, the number of students involved in work study was extremely
Andrew Simmons published his article for The Atlantic, “The Danger of Telling Poor Kids that College is the Key to Social Mobility” on January 16, 2014, which raises his concerns that higher education is only being promoted as an opportunity to increase their economic status, when it should be an opportunity to experience an education (Simmons). Through the use of students such as Isabella, Simmons disagrees with the way students now look at higher education and blames the educators through the students’ lives for this view. Instead, Simmons views education as an intellectual opportunity rather than a way to elevate ones economic class which is all people see when they see “higher education.” He believes that education, ambition and work ethic is how you have a satisfying life, not with how much you make. He makes the point that when economics becomes the main goal of education it’s all children begin to think about and they might not pursue something that they are truly passionate about or what they want to learn about, which then does not create an intellectually awakening experience (Simmons).
College: What is Was, Is and Should Be, by Andrew Delbanco takes both a historical and analytical approach to the evolution of higher education institutions in the United States. While thought provoking, some of his views balance on the verge of extremity. Many colleges provide students with the skills necessary for what is happening in society at that moment. This is exemplified in how the application process has changed from the earliest colleges to today. Also, when colleges were first introduced into society, students were recommended by members of society to attend a school, which is much different than the process today. Another aspect of what Delbanco discusses in his book is the disparity between a small liberal arts college and
The towering prices of college tuition is an avid cause for the overwhelming ignorance in America. U.S. leaders once hoped that 60 percent of the U.S. population would have college degrees by 2025. Today in 2017, it is closer to 30 percent. Not only do tuition costs dig deep financial holes in a student’s life, the pressure of making the investment causes unnecessary, avoidable stress. Students around the world flourish without the financial commitment. Students in America- the land of the “free”- need the same financial freedoms and opportunities to thrive and contribute to mankind in the changing world of today.
Over the past twenty-five years, college costs have accumulatively risen four-hundred percent. The percent of parents who contribute to their child’s student debt has dropped from thirty-seven percent to twenty-seven percent, compared to three years ago. Due to the lack of aid, most students have to try to balance a job and school at the same time resulting in eighty-five percent of college students working at least twenty hours a week. It has also been noted that students who work twenty hours or more a week while attending classes at the same time are less likely to graduate due to the high stress environment. Sixty-two percent of college students who drop out were responsible for their own college education. Even when students drop out, thirty percent are still faced with college debt, creating a loophole impossible to recover
A major problem for today’s high school graduates is the rising price in college education. Attending college can add up really fast; it can cost up to tens of thousands of dollars per year (Barkan 1). No wonder, in Steven Barkan’s book of social problems, issues and problems in higher education take up a full chapter. In this chapter, Barkan states that only 44% of all students who attend a four-year institution is lucky enough to have annual tuitions and fees amount to less than $9,000 per year. The aggravating question is, “why does college cost so much?” Not only is tuition part of the cost of college but also fees housing and meals, books, school supplies, and accessories (“What’s the Price Tag” 1). All tuition covers is the money for academic instruction. Fees are charges for specific services such as, internet access, and then the cost of books and school supplies add up. Additionally, one is not paying just for textbooks but also
A decade ago, student loans barely existed. Today, however, American students borrow up to couple million dollars a year to attend college. An entire generation is burdened with debt, and affected by the modern phenomena known as the “student debt crisis.” In recent years, student loan borrowing rates have risen notably, leading to concern about the public financial risks associated with the financial challenges faced by many students. Of late, the United States government has given out about $170 billion in financial aid annually in an effort to encourage students to attend postsecondary education. Such funding are usually supported by research that consistently finds positive and growing average economic benefits of
Many students try to avoid being in college debt by working full time in addition to being a full time student. This is not a bad idea, but it is a rough battle because they are trying to make a certain amount of money per week to pay their bills and still in need of time to study. This works out for some students, but not for all. Some students that take part in this role end up with a low GPA or even dropping out of college. The states have noticed the increase of college students in debt after graduating. Therefore, to avoid this they’ve created a work-study program. The work-study program consists of students working part-time while they attend school. The money that they are making is going towards their college loans, or the tuition itself as a
The increasing cost of higher education in the United States has been a continuing topic for debate in recent decades. American society emphasizes the importance of education after high school, yet the cost of higher education and advanced degrees continually rises at a greater rate than inflation in the 1970’s. According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from pursuing further education (McKeon, 2004, p. 45). The current system requires the majority of students to accumulate extensive debt with the expectation that they gain rewarding post-graduate employment to repay their loans.
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
Colleges are noticing a drop in students’ interest in a higher education, because it forces them to fall into poverty. Obtaining a higher education is a dream of many working class citizens, but the price to go to a choice college is not available economically. The majority of students use some type of student loan, they have become the norm for attending college (Johnston, Roten 24). College is becoming unaffordable to many lower class students. With tuition prices this high, students are backing out of school and looking for jobs that only require a high school diploma. Student loans should help people, but it is only hurting them because they feel like they can never repay it. Especially since student debt continues to rise. “Student loan debt rose by 328 percent from $241 million in 2003 to $1.08 trillion in 2013, according to the Federal Reserve Bank of New York” (Johnston, Roten 25).
It is no big secret that, in America today, most high-paying jobs require a college degree. Thomas C. Frohlich of USA Today stated that “graduating from college is a prerequisite for the vast majority of high-paying jobs”(2013). With the cost of a college degree increasing in unison with demand, few can earn a degree without the help of student loans. The American Student Assistance website reports that of the twenty million students enrolled in college, about sixty percent are attending with the help of student loans (2014). Obviously, student loan debt affects the individuals that obtain them. However, it also has severe effects upon the nation’s economy.
College costs and their recent increases cannot be discussed entirely without first examining the importance of the topic. It is common for people without student loan debt to overlook the topic due to their perceived lack of relativity it is has to their life. This thought process is harmful because much of our society does not quite understand the ways in which student loan debt affects our nation’s economy. Student loan debt directly effects how soon many people begin to make life’s larger purchases, which in turn slows down the flow of the economy. Many Americans are also more inclined to base their career selection on how well they will be able to repay their student loans. With this in mind lower paying jobs, like those in social work, are suffering from a shortage of employees while jobs with higher pay, such as technical work, have seen a major
• Students are increasingly likely to work while in college. Since 1984, the fraction of
In addition to my experience in advising and student affairs, I have also worked as a professional in financial aid for the past eight years. During my time in financial aid I have seen first-hand the challenges students face with the cost of obtaining a higher education degree. My role in financial aid has evolved over my career while exploring the theoretical
If an aspiring college student doesn’t have the necessary funds to attend school, there is another option they could use to pay for school. Student loans are a popular choice so that the student can pay for school. While this may seem like a great option for affording school, it can be a devil in disguise for many. The New York Times reports that Americans owe over 1.4 trillion dollars in student loan debt (Kelly 1). This happens when a college student takes loans with the belief that the college degree they get will help them achieve a higher salary which will in turn will help them pay off their debt. This often isn’t the case. A student takes the loans and attends school, but does not receive the salary that they were hoping to acquire from attending school. A standard payment plan for students is to pay off their debt in ten years, but according to a study conducted by US News, the average bachelor degree holder takes twenty-one years to pay off (Bidwell 1). This is a common occurrence as well, a report conducted by The Institute for Collee Access and Success shows that in 2012, seventy-one percent of college graduates had student debt (Serrato 1). The current system that the government offers to help those struggling to afford a secondary education is a flawed program that needs restructuring.