Nowadays it's hard to get a degree and even harder to pay for. In the article "How to Pay for College", it says that with hard work students can earn scholarships, apply for financial aid, finance loans, and take on a part time job to pay for college. However, there is plenty of evidence proving otherwise. Due to the rising costs of tuition and the restrictions to getting financial aid, it is almost impossible for lower and middle class citizens to afford college. Loans leave students in debt and scholarships are not always a sure thing. With a part time job, putting in too many hours of work can interfere with ones sleep and actual study time. Recently a study was done on the average college students' ability to pay for college with a part time job. Randy Olsen, a computer science graduate research assisstant at Michigan State University, crunched the numbers for both Michigan State and all public universities in the U.S. The average tuition cost at an in-state public university is $8,709- not including room and board, books and supplies, personal care, and transportaton fees. Research shows that the amount of hours needed to work to pay for college tuition with a part time minimum wage job has more than tripled since the year 1979. It is now a lot harder to work your way through college than it was 37 years ago. Many people in America miss the chance at pursuing a higher education. This is not because they lack talent or they do not try hard enough. Their parents cannot
Paying for college may be a difficult process for many. There’s numerous things to worry about such as paying too much money, a large amount of debt and also those who aren’t financially stable worry about the lack of money they have to pay for college. This essay will illustrate how students can fund their college education by scholarships, private student loans, and a part time job.
Some people think that getting a college education is not really a good idea anymore. According to Abel and Deitz, “In recent years, students have been paying more to attend college and earning less upon graduation—trends that have led many observers to question whether a college education remains a good investment” (2014, p. 1). If the student cannot find a job that pays a decent amount of money, after graduation why should the government ‘fund it?. College costs are rising each year. Future generations may not be able to go to college because tuition will be too high. But Abel and Deitz
Ever since you were little, your parents have been talking about this wonderful thing called college. They told you that you have to go there to get an education before you can get a good job. Many kids have dreamed of going to college, and being able to get the job of their dreams. By putting in hard work and dedication to good grades in high school, you had high hopes that you would be able to get into an Ivy League school. The American dream of being able to go to college to get a degree is sliding away from many people due to rising costs. With increasing tuition prices and job loss, the college dream is slowly and surely slipping away from many students and their families.
Tuition rates have been on the rise since the start of colleges. In 1988, the average college tuition was about $2,800 for a year of schooling. In 2008, that number had risen 130% to nearly $6,800 for one year; according to Annalyn Censky of CNN Money, if the average income had raised the same amount, median family earning would be roughly $77,000 a year, instead of the current $33,000. Americans are making $400 less on average than they did in 1988 says Censky. Over the past twenty years, college has risen 5% of the median family income from 12% to 17%; private colleges went from 27% to 47% says Economist.com. (1 SV; SV.) Tuition isn’t the only thing rising at colleges: room, meals, books, and other fees are rising as well. (4 SV: A,B,C,D.) This also takes its toll on families as well as the students themselves. Many students
First, there are some students that disagree on college being worth it because of the cost of tuition that is, so high. They feel that college is far too expensive to even attend, so they just look for a job, instead because they feel that they’re wasting time and money. But, what they don’t know is, that there are other colleges out there that have much cheaper tuition to pay. According to Louis Menand, “Public Colleges are much less expensive—the average tuition is $7,605—and there are also many less selective private colleges where you can get a good education, and a lot more faculty face time, without having to spend every minute of high school sucking up to your teachers and reformatting your resume” (Live And Learn). Also, there are people that say they don’t have the money after they graduate from high school to get into college, which then, they can apply for financial
As a second year college student I have a very difficult time paying for college even with the help of my parents. Working every summer full-time at near minimum wage barely pays for my portion of college. In fact, a few summers I have worked two jobs, one full-time the other near full-time, and I still have a hard time paying for college. Many students that do not receive help to pay for their college by their parents often work while they are at school. This does not
College is a dream that almost every American wants to come true, however, with the extreme rise in the costs of tuition it is a dream that has quickly turned into a nightmare. “Tuition at a private university is now roughly three times as expensive as it was in 1974, costing an average of $31,000 a year; public tuition, at $9,000, has risen nearly four times,” (Davidson). “For the average American household that doesn 't receive a lot of financial aid, higher education is simply out of reach,” (Davidson). That is why many students have begun questioning the worth of a college degree and if the amount of debt that is received upon exiting college is all for the better. And considering that costs have risen much faster than the rate of inflation, many are starting to believe that college just isn 't necessary any more. However, according to White, economically, the answer would still be a yes. “While unemployment rates for new grads and experienced workers alike have fluctuated throughout the recession and recovery, the earnings premium that college-and advanced-degree holders enjoy over their peers who didn 't attend college has remained relatively stable, and in some instances, grown, according to the report that was released this week,” (White). A study was shown that many college grads are able to get earnings that are significantly higher than those who did not get enough education or only hold a high school diploma (White). Even
They go on to state that” The average cost for tuition and fees for a four year private college averaged $19,710” that’s a hung number to worry about on up of everything else a college student has to worry about. There’s a lot time that is devoted into studying and getting good grades which in return doesn’t leave a whole lot of time which can be devoted to work. The average time a student should study is about two hours per week for each credit hour taken. For example if the student has 15 credit hours that same student should expect to study for at least 30 hours per week which is practically equal to another full time job.
Tuition, which does include room and board and other fees, averages from 9,000 at an in state public university to 31,000 at a private university. Over 4 years that's 36,000 to 120,000 per student and that doesn't even factor in the cost of living at the schools. The average income of a U.S. citizen is around 52,000 so that would barely cover the cost of a public schools in state tuition. It shouldn't take a families entire
On average, an American working full time, will work between 8 AM- 5 PM 5 days out of the week. If a college student is spending over 40 hours on just practicing for sports a week, going to 10-15 hours of class weekly and trying to find a job that pays enough to help him or her survive through his or her courses, how would it be expected to make it through college and trying to make time for his or her work to have money in your pocket? That 's not including the hours of studying him or her would have to put in for quizzes, exams, tests and even having to do homework. It seems nearly impossible to actually make ends meet if you do not have enough hours out of the day to go to work, and make money so you buy the necessities needed especially if you are living in a dorm.
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.
It is difficult to comprehend how third world countries have tuition-free colleges and America does not. How can economically underdeveloped countries offer free colleges with little problem, but America struggles? While politicians such as Bernie Sanders, President Obama, and Kate Brown talk about making colleges and community colleges tuition-free and eventually free altogether, they fail to see the bigger problem of economic disparity. Implementing a tuition-free program where everyone is eligible is not sustainable nor fair. If a student comes from a household that makes less than the average annual salary of $56,516, tuition should be completely free. College must be tuition-free because most first world countries already have free college, it is an investment that will benefit current and future generations, and people’s inability to repay back their student loans is negatively affecting the United State’s economy.
The United States is a country where just about every one has chance to attend college. Unfirtantly not every one of those individuals has the oppurtinity to finish college. In
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 undergraduate and advanced degrees continually rises at a greater rate than inflation. 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 lucrative post-graduate employment to repay their loans.
According to Katey Troutman, 04 Apr. 2016, the average middle class family makes about 52,000 a year. At most public universities, only about 19 percent of full-time students earn their bachelor’s degree in about four years. Studies show that only 59 percent of students who began as freshmen at a four-year college in the fall, received their diplomas within six years. Across the nation, only about 50 of more than 580 public four-year institutions graduate a majority of their full-time students on time. Most students are smart enough to go to a community college to get their general education done, and then go onto a bigger college to finish getting their degree. The problem with community college is that five percent of full-time students earned an associate degree within two years, and 15.9 percent earned a one to two-year certificate. Most students that end up finishing college, end up going in debt. Depending on the college that some students want to go to and how long they want to go for, even if they are paying for about a third of their college tuition, that probably won’t pay for all the years that they want to go to college. The only problem with that is there are some parents out there who expect their kids to pay for college themselves. According to “When should you start saving for college? - NerdWallet”. 09 Sekar (2014.) Students should have their parents saving money for college before they are even born. From 2009-2010, the average tuition at a public four-year university was $15,000, and at a private school it was $35,000. College has doubled in price in the past decade, than what it was back