Should College Tuition Be Paid?

Lower classes families will be able to send their children to college which will give them an opportunity they would never have had.

Families are now aiming low when it comes to college- or are simply not going at all. Money could play a huge part in this decision- after all, the cost of college has skyrocketed over the years, and so has the amount of student loan debt. This is something even Leonhardt admits, stating that, because of this, only about 33 percent of young adults get a four-year college degree today, while another 10 percent receive a two-year degree (Leonhardt). And even though many colleges offer financial aid packages, that money may soon be cut and the cost of college will continue to grow. It is true that, in my personal experience, just because a student is awarded financial aid does not mean they have a golden ticket to University. This leaves many desperate students the only option of taking out as many loans as they think they can handle- often more than they should. Debt is not a new issue for America, but it is still a problem. Although David Autor, an M.I.T. economist, laments: “not sending [young adults] to college would be a disaster”, no one can ignore the rising rates of loan defaults, and some think it

College is where you go to get higher sources of education. Many high school students dream of attending college in order to attain more knowledge, yet so many people fail to realize the cost of college. Attending college, currently, is nearly impossible to do without being in some sort of financial debt or seeking out government help. According to the American Association of University Professors, “two-thirds of American college students graduate with substantial debt, averaging nearly $30,000 (if one includes charge cards) in 2008 and rising.” (AAUP, 2012) Although going to college is beneficial, there is an argument on whether or not going to college is worth the possible debt incurred. The goal

money to pay for their education. Colleges are very expensive and need to start looking at it on the student perspective. Students who are graduating from high-school barely come out with less than $3,000 or less.WIENER, J. (2015) Not Every individual is able to pay for college and this just isn't fair. A high percentage of students are independent while in high school and are forced to work because of their parents low income. What happens to that student? Smart in academics, good athlete but because they cannot pay for their proper education they are forced to forget about their dreams.

In the year 2007, 18.2 million students enrolled into college. About thirty-nine percent of those students were between the ages of eighteen to twenty-four (Marcus). College is seen as something one must do to be able to have a successful life or career. Student debt is almost guaranteed for anyone that goes into college. Seventy percent of bachelor's degree recipients graduate with student debt. Student loans in just the U.S. alone are up to 1.2 trillion dollars, this is the second highest level of consumer debt, just trailing behind mortgages (Snyder). Student debt has been an issue for anyone thinking about going into, that is attending, and graduating or leaving college. How to solve this issue is very simple, which is to save money, lower

As decades pass by, obtaining a college degree seems more necessary to get a decent job after graduating. Therefore, high school students feel the pressure to get into a good university and to get the highest degree possible, even when they have no plan on how to pay for it. Financial aid has not kept up with growing tuition prices, and taking out student loans seems almost impossible to avoid. According to research, “About 40 million Americans hold student loans and about 70% of bachelor’s degree recipients graduate with debt.” (Market Watch) The U.S currently has a total of 1.3 trillion dollars of outstanding debt. There is a ton of controversy on how to solve this issue, but there are progressive solutions schools and college kids need

If students had to pay for school themselves they would take their studies more seriously. If made to earn their tuition and housing funds, students would spend less time partying and more time working towards a future career. While it would be more difficult on the front end, it would reduce debt on the back end, especially for those who do not end up with quite the post-graduation paycheck they had been expecting freshman year. In previous generations, this idea was possible. People either worked their way through college or they did not go at all. This idea seems unrealistic in today’s competitive world of colleges. Student loans are a big reason for this change. If it were more difficult to borrow money for school, the amount of people who attend college would decrease. Instead they would fall into jobs that a high school diploma fully equips them for and that many college graduates end up holding either way (McArdle).

In America college tuition has quadrupled in the last 35 years. College administrators like to tell the story that baby boomers paid their college tuition from the money they made during summer break. A few years later colleges decided to raise tuition price because people wanted to get a college degree. Colleges were seeing that people wanted to go to college they decided to raise the prices and make business out of it. In Germany, however college tuition is free, and by doing this Germany gets both domestically and internationally to enroll in Germany colleges. I think that for Germany for doing this is a great idea because it give people opportunity to get an higher education to make some money out of it.

Tuition fees have always been a complaint to people who are paying and attending college, most say it is too expensive, some say it should be free. Is that a good way to go? Making college something that anyone could attend? Some say that free college would allow students that are less fortunate, wealth wise, to attend college and have hope for a better future. College plays a very important role in the economy and in my opinion, I certainly believe that college tuition is there for certain reasons. The reasons for high tuition costs will not be discussed but the reason for it will be: Making tuition free would cause taxes to rise significantly due to the government owning higher education, It would feel like public high school again, having no motivation to do anything, Free higher education still wouldn’t get everyone to go to college. At first, free education sounds nice because of european countries doing it, but in turn, it would ruin our country as a whole.

After graduating from high school, it’s a time to start fresh and find your personality.There are many choices that we as young adults have to make about how we are going to continue on with our lives, and get to where we want to be. Furthering our education in the long run will help us have happier, successful lives. Going to college, is a big part of many people’s lives, and a choice that many will choose to get to their next goal in life. Although, when one is looking into what route they are going to choose, there are many options to pick from; a public and or private university, a community college, a technical school or even going into the military to help pay for the high tuition. In this paper, I’m going to discuss the tuition, class sizes and what they have to offer.

Students pay for college through: saving for years if no their whole life for college, taking out student loans and receiving scholar ships. Student loans are a very common way to pay for college, “student loans are, by far, the most dominant type of financial aid” (Redd, 2016). It is estimated that in one year ten million college students took out student loans. That is a lot of students needing financial help paying for college. The student loan debt in 2015 was 1.3 trillion dollars. College is now a necessity for high paying jobs in the modern world. When so many students are coming out of college with so much debt it is hard for them to get on their feet “average monthly student loan payment (for borrower aged 20 to 30 years): $351” (A Look at the Socking Student Loan Debt Statistics for 2016, 2016). That adds up to 4,212 dollars a year. These graduated students are working at entry level jobs and just starting to live on their own and having to pay 4,212 dollars a year of debt from college. That can be really hard knowing they also have to have their own housing, appliances, and

The biggest challenge college students have today is to pay for college or university. Every year college and university tuition goes up, by thousands of dollars. Majority of students can’t afford to pay for that, so they have to get jobs to pay off their debts or just to get buy or pay for school expenses. Because many students don’t get enough financial aid to help them cover the majority of their school cost, some students don’t bother going to school, and drop out working minimum wage jobs for the rest of their lives. The students who do choose to go to school have to take out loans until the day they graduate school. Which can become very stressful as the loans amount increase.

Let 's go to college and achieve a better education and career. What we do not know is that in order for us to achieve this we need to pay for college. There are several options, which could be: loans, scholarships, or be rich. Nearly all students who attend college have some form of loans. We all believe it will be easy to pay them (loans) off once we finish college and get a good paying job. In most cases this does not happen and interest rates begin to stockpile, you will be paying extra including the money that was borrowed. According to the National Education Center for Statistics in the fall of 2015 approximately 20.2 million students are expected to attend college, this has increased by 4.9 million since the year 2000. “Americans owe nearly $1.3 trillion in student loan debt, spread among about 43 million borrowers. In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year.” How do we minimize student loan debt in America?

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.

American youth have more pressure to get a good education than ever before, but at what price? The cost of education is at an all time high and rising every year. Many Americans are struggling with a large amount of student loan debt weather they graduated with a degree or not. The only way to secure the future of students today is to invest in the students themselves rather than investing their money into the corporate market. By preparing students for higher education and providing financial resources students will have the knowledge to deal with student loans and the debt they may be accruing while in school.