Out-Of-State College Benefits

As it is, there is about $1 trillion in college debt in America. A Philadelphia Enquirer article warns that, “The average debt owed per person is $25,000 -- the highest level of student debt in the nation's history,” and that the number is increased by tens of thousands of dollars for those who go on to get higher degrees. $25,000 is a lot but the reality is that a lot of people have even more than that. For example, what if someone goes to an expensive private college and their tuition is anywhere between 30 and 70 thousand per year. In total they could be paying between 120 and 240 thousand dollars per year. The majority of the country is most likely unable to easily pay for that and could end up with extensive amounts of debt just because they went to the college that they wanted to. Student’s education shouldn’t be compromised just because the school they want to go to has a high tuition. Alarmingly, “Study after study has shown the number one barrier to attending college is the published rate of tuition.”(Lowe) The amount of student debt as a result of a school’s high tuition should decide where people should go to school. If tuition is decreased then simultaneously, student debt would be as well.

The cost of out of state college is almost 40% more than an in state college. Thou some families make enough money that they won’t need financial aids and grants for their children’s to go to college but the amount of families is really low compared to the families who can only rely on financial aids for their children’s to go to a decent college and get an education. Fathers and Mothers work hard to earn the money and many students do not want their parents spending that much money to get an education. That statement

Last but not least, Texas A&M has a really great cost and financial aid program for students. The In-state tuition and fees were about 10,176 dollars while out-of-state tuition and fees were about 28,768 dollars. If I was an In-state student, this would have been a great opportunity not only because of the students life and academics but also because of the tuition fees. However since I am not an In-state student, the cost is pretty expensive.

The amount of students that attend an out-of-state university for college is about 13.7% (“Percentage of Out-of-State Students at Public Universities”). This statistic is remarkably low, considering the growing amount of young adults attending college. In-state tuition is expensive for most citizens, as out-of-state costs are completely unaffordable. Out-of-state tuition costs can easily triple the amount of in-state costs, meaning most students find themselves attending an in-state university without a second thought. The reason for these high out-of-state tuition fees is due to the state government believing that these extra costs are necessary because of tax dollars. State schools are funded by the state’s

Kris, a wife and a mother, worries about the increasing cost of higher education. She and her husband have a two year old daughter whom they are determined to send to college. They want their daughter to succeed in life, but they have to weigh the complications of going to college as well. “I have always thought about college as a “catch 22”...You’re taught from a young age that in order to achieve the “American Dream” you must graduate high school and go to college,” Kris contemplates (Kris 5).Throughout Kris’s ten years of experience with college, she has seen the tuition increase to shocking heights. In fact, she claims that community colleges cost as much as state colleges did when she first started her college hunt. Back then, she

College is a head turner, eye catcher, and attention grabber. From making the decision to even attend to selecting the perfect school, the whole experience turns out to be incredibly stressful and multiple aspects go into what seems simple at first glance. The cost of attending college is on the rise. Parents and students anxiously await scholarship letters to help with these rising costs of education. State schools usually offer a financial advantage, but a new “law” is being proposed - free in-state college tuition to those students with a 3.5 GPA or higher. Few benefits are available and numerous disadvantages are present when it comes to this recently produced regulation. A few negative factors in this situation will be covered and the explanations will go into depth to prove that this idea is too good to be true. Even though the conception of free college is enticing, the cons outweigh the pros.

In 1976, the average cost to attend a four year public university was $2,175; today, the average cost to attend a four year public university is $25,000 (Snyder). This means it is 1150% more expensive to go to college in The United States today than it was 30 years ago. This obviously would create a problem on how we as people are going to pay for our higher education. Today college has become almost a necessity to have a satisfactory life, and with these rising prices some individuals believe student loans are the only option. There are many reasons as to why the prices have risen, but the one undeniable fact is that this has created a problem within our country. Which, is known as the student debt crisis, and it has been on the rise the past couple years. This problem is affecting people all around the United States, and is causing multitude of problems for them all because they wanted to pursue higher education. Wanting to better your opportunities by bettering yourself is not something that needs to be punished, and sadly that is what is happening. This problem is something that needs to be fixed for the sake of Americans and our economy, but will also take time and a multitude of steps to correct.

To begin with, I believe that college is affordable. I believe that if a person really wants to go to college than that person will achieve that goal by any means. A person who is determined to achieve higher education will exhaust all resources to make sure that this happens. There are many

Tuition cost plays a vital role in deciding whether to attend a community college or a four year institution. According to Susan Stafford, “Tuition for community colleges is affordable while tuition costs at public institutions are usually at least twice that of a community college” (1). The tuition cost in universities can be overwhelming and highly unaffordable, This have caused many students to graduate with s heavy loads of debt but by attending a community college, an individual can

As adolescents begin their senior year, the topic of college often runs without hindrance, often causing extreme stress. As the monetary value, as well as the time spent, begins to accumulate in their minds, students often find themselves bound at the wrists figuring out a way to balance as well as afford college living. In many cases, the upcoming graduates are unsure about their career path, almost enhancing their stress in choosing a school that would cater to their needs. It is almost then they begin to ponder whether or not University/college life is for them, which is could be an extremely advantageous shot in a, for example, high achieving family. Whilst college does allow for a plethora of doors to be opened, the lack of time, effort, and money can hinder one 's ability to properly choose a university. Though school can help with the stepping stones of life, they do not entirely ensure a proper future, therefore many may opt out of school; however, with the correct actions, they may turn out extremely successful, which may not have even happened without the release of the burden of school.

Whether a student is looking to stay in-state or move out, the cost is still very high. According to College Board, expenses, on average, to attend a 4-year university add up to around $9,000 a year for in-state residents. Triple this amount and non-residents must pay that. Private school expenses tend to add up to around $35,000 a year (College Costs). During the 1995-1996 academic years, 66% of four year students in public institutions received some form of financial aid (Losco). Although the financial aid sounds like a good plan at the time, it causes the ones who take aid to being their adulthood in a large amount of debt. Even though there are a number of scholarships and financial aid programs available, each student must qualify and meet certain requirements that are not always met.

This suggests that state schools should work harder to attract high ability students from other states since in the end it is beneficial for the government. Instead of making tuition more expensive for out of state students, universities should make it more affordable for out of state students to attend their universities. It is unfair for out of state students to pay almost double the amount that in-state students pay to essentially get the same education. Instead of making tuition more expensive for out-of-state students, tuition should be lowered to attract more out-of -state students in order to better our economy and give out-of-state students a chance to continue their education in other states. It is stated that the resident’s taxes fund public universities but how much of taxes actually go into making college tuition for residents cheaper? According to www.cbpp.org, “ States provide 53 percent of the revenue that can be used to support instruction.” This information concludes that a small percentage is being put into the education system. While this percentage keeps declining due to the recession and budget cuts, the cost of tuition continues to rise. The cost of tuition has become higher than the median income, making it harder for students around

Moreover, most students who rush into college unprepared end up incurring debt and dropping out without a degree- eventually becoming worse off than those who didn’t go to college at all. Over 54% of Americans who enroll in college eventually drop out (Mian). College is difficult enough as it is for those who are motivated and excited to be there, so for people who don’t really want to be there, it is almost impossible. It makes little sense for anybody to attend a university unless they are fully committed to getting a college education, especially when you consider the average cost of tuition for a four-year college. According to College Board, the average cost of college tuition and fees per year range from $8,893-$30,094, and this number is only rising. This doesn’t take into account room and board which, according to ranges from $9,500-$10,830 per year. In sum, a four-year college education could cost you $80,000-$160,000 leaving students with thousands of dollars in debt if they drop out or even if they graduate (CollegeData EFC Calcuator). Rising costs and declining benefits mean the rate of return on a college investment is starting to fall for many

Imagine the senior year of high school when students are poised to enter college and become adults. It's a time of responsibility, of being on one's own, and of shaping lives by making daily decisions. One of the major decisions is where to attend college. Should a person stay close to home and attend an in-state school where people and even campuses are somewhat familiar? Or should the decision be to start a completely new chapter in one's life by attending a college farther away, with totally new challenges? I believe the answer is definitely to leave town.

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.