Summary: Is College Worth It?

After high school, many students make the decision on attending college based off of the things their parents/ teachers may have taught them when they were young. For example, many students further their education because throughout their lifetime they’re told they have to. In school we’re taught that in order for us to receive good jobs, and make a decent amount of money we have to have a college degree. Some are even taught that they must go beyond the undergrad and receive their masters, and doctorate degrees if they really want to be known as something in this world. While others go because it would make their parents proud, or to fulfill the legacy of being a first generation college student in their families. While this may be the case majority of the time, if you’re like me you go because

“On average, a college graduate with a bachelor’s degree earned $30,000 more per year than a high school graduate…” (Is College Education Worth It?). Usually that sounds grand and would also make somebody very ecstatic yet, learning the other side of the story might make you cringe. Within nine, to ten years, student debt has risen about ninety-percent since 2003. Around sixty-percent of the students that graduated in 2011, have a debt that is nearly sixty-percent of their yearly income. With debt that high, it may result in late payments (which increase

According to statistical data released by the Institute for College Access and Success, nearly two-thirds of the total number of students graduating from American institutions of higher learning is leaving school with some level of debt (Dwyer, Mccloud, & Hodson, 2012). As revealed by the data projections, learners who are average borrows are graduating with a debt of an upwards of $ 26,000 in debt. With the total count of the debt crossing the $ 1.3 trillion mark, the issue is alarming and needs swift action before it worsens. While the average American believes that a degree is a pathway to a successful life in America, the burden of debt combined with the lessening educational and financial returns are frustrating American graduates,

College is a place where individuals learn lifelong skills and meet some of their best friends and it’s a place of transition into the real world. However; is college worth the time, money and commitment one has to acquire. Also questions also arise if colleges help students well enough land their desired job inside their career choice. College is a great place for some people; however, it may not be all that great of a place after looking deeper into the questions people have for it.

They are many reasons why students don’t want to go to college, but I think the main reason they don’t go to college is because of how expensive it has become. It’s not easy getting financial aid when you’re a dependent under your parents because it goes base of what they make, and if they make too much than you’ll get denied. It also doesn’t help that when students get jobs out of high school, they usual only get paid minimum wage, so it would be hard for them to pay for each unit, health fees, parking permits, books and supplies. Another reason that I think students don’t want to go to college is because of how long it would take for them to graduate. General education classes usually take 2 years, if the student is going full time and if

For many peoplesince they been told to go to college, but as year past we see a rise in the cost of college. The cost of college has risin in the past 40 years from $10,300 for a private college and $2,500 for a public to an average price of $31,000 for a private and $9,000 for a public. This rise in college tution affects all but the rich and the upper-middle class. This has become a natual issue. THis is such a important issue because college is a great oputunty that open many doors for people,but as the cost of college increase many are finding it hard to to go.

“Seven in 10 seniors (69%) who graduated from public and nonprofit colleges in 2014 had student loan debt, with an average of $28,950 per borrower. Over the last decade—from 2004 to 2014—the share of graduates with debt rose modestly (from 65% to 69%) while average debt at graduation rose at more than twice the rate of inflation” (2014).

It’s getting harder and harder to graduate college without taking on student loans. Nearly 70% of bachelor’s degree recipients leave school with debt, according to the White House, and that could have major consequences for the economy. Research indicates that the $1.2 trillion in student loan debt may be preventing Americans, from making the kinds of big purchases that drive economic growth, like house and cars, and reaching other milestones, such as having the ability to save for retirement or move out of mom and dad’s basement.

With college loan debt steadily increasing in the U.S each year, many of college students and graduates are forced into a corner. Many students cannot afford college so they take out loans due to the increasingly competitive job market. By the time most students graduate they are in massive debt. The class of 2015 graduated with an average debt of $35,000 (Bennett & Wilezol 76). Cumulative student loan debt within the country now stands at 1.2 trillion. It is now the largest non-mortgage type of borrowing. College graduates average paying off student loans anywhere from 15 to 18 years. While the recent graduate struggles to make each student loan repayment spread out throughout the years interest only builds into something much larger each year into something inevitable. Student debt cannot be erased nor forgiven. As tuition rates on the rise, borrowers will have a tough time repaying their student loans after leaving school. 8.5% of graduates struggle to find jobs suited for their degrees after leaving college. Many graduates end up stuck with jobs that leave them gasping for breath while they try to repay their loans back that only continue to build interest. This debt does not only harm the student but, the U.S economy as well. As students continue their education, they are faced with the hardships of increased loan borrowing due to the competitive job market that requires degrees for the majority of jobs, prestigious colleges with expensive tuitions, and a lack of

“You know why? Cause when I die buddy, you know what 's gonna keep me warm? That 's right, those degrees." This a lyric from a song written by Kanye West entitled "School Spirit (skit 2)." It is off his album College Dropout. This album sold 3.3 million copies in the US alone. These lyrics represent the perception that the public has regarding college. What people think college is about and the what the realities are. To understand the purpose of college, it helps to first understand the underlying question on why many people don’t want to go to college.

Adults who graduated from a four-year college believe that, on average, they are earning $20,000 more a year as a result of having gotten that degree. Adults who did not attend college believe that, on average, they are earning $20,000 a year less as a result. Some newly minted college graduates struggle to find work.  Others accept jobs for which they feel overqualified. Student debt, meanwhile, has topped $1 trillion. It’s enough to create a wave of questions about whether a college education is still worth it. A new set of income statistics answers those questions quite clearly. Yes, college is worth it, and it’s not even close. For all the struggles that many young college graduates face, a four-year degree has probably never been more

For most graduates today the cost of their college education is only eclipsed by the cost of their home. A college degree as we know it today is an expensive endeavor. According to the U.S. Department of Education, the average yearly price is $13,600 for a public 4 year school and $36,300 for a private school ("Digest of education," 2012, Chapter 3). Accounting for inflation these prices are up over 200% from their 1980 levels ("Tuition costs of," 2012). U.S. News & World Report estimates that these numbers will grow to $44,047 per year for a public school and $205,000 per year for a private school for the graduating class of 2030 ("How much will," 2012). In recent years state governments have looked to their public schools as an area for cutting budgets. Each of these estimates are based around a stable economy for the next 18 years with little disruption to current funding mechanisms... Any significant change to state funds provided to public schools could have a serious effect on future tuition costs.

College has become the main concern in the United States more than ever before. The stress of college has now been hard-pressed on to the thoughts of elementary schoolers, emphasizing the significance and planning for college. But is it worth it? Many parents began to distress about money, long term effects, and the job industry. However, college is the key to a productive life and worth the money.

Many students are still considering to college even though they know exactly that it is most likely going to turn out to not be a good move. There are several external factors that force them to go to college anyway. First, their parents which mostly have an update mindset. Parents think that going to college will guarantee their kids to have a brighter future, especially in term of economic. The reality is that sending adolescent is a costly mistake that will ruin their life. Students that attend college to just make their parents happy have a higher chance to drop out of college because they do not enjoy what they are doing. However, they still have to pay back the loan and eventually will destroy their future by living in debt for life.

Less than two-thirds of those who start college in America finish. The almost fifty percent that don’t finish college drop out for various reasons such as financial issues, family issues, maturity, lack of self-motivation and distractions. Some even feel as though college is scam, making us rack up debt to try and get a well-paying job just to pay off their accumulated debt.