How To Raise The Cost Of College Essay

It’s college graduation day, you’ve spent countless hours studying, wrote hundreds of papers, fail an exam once or twice and pulled a few all-nighters. As you walk across the stage remember you're now the proud owner of one of the most expensive pieces of paper you will ever own. Everyone’s always saying go to college and get a degree it will pay off later. You are told college is a time to gain knowledge and discover yourself, but those fine institutions can’t keep the lights on without requiring a hefty fee. Do you realize those price tags will hang over you and your fellow classmates for years to come. Why must graduating students face debt and hardship so young?

There are many colleges around the world and most people like to attend one. Students study hard and try their best just so they can get an acceptance letter from their dream college. However, college tuition is not that affordable; college tuition is increasing in price every single year while the yearly salary of a father stays the same or barely increases. College tuition should be affordable to everyone regardless of his or her family status and position. Students should be able to attend a college without being in a debt consisting of thousands of dollars. There are scholarships, grants and financial aid available but that does not help everyone. A middle class family cannot fully afford a child going to a 4-year college and make a living, which is comfortably in residence. A change in college tuition is definitely required for American students and the students around the world to have a better education at low cost.

Increased tuitions are results of a variety of factors. Shrinkage of state budget and low endowments cause by the recession forcing colleges to make up the cost somehow (Lee). The government has increased their support during the recession. For example, in the form of Pell Grants which doubled over the years. Andrew Kelly, director of the Center on Higher Education Reform at the American Enterprise Institute, writes “... the increase of federal spending has been completely eroded by the rising tuition prices”(Bidwell). Higher tuition defeats the purpose of the federal government increasing their support.

A lot of people will argue, that college is too expensive. Not everyone can go to college, for financial reasons. Also, they may get into college, but end up having to leave because they cannot afford the remaining balances; or, they received financial aid, but end up having to take out loans they are going to be paying back forever. It is like once they graduate they will be working mostly to pay off their student loan debt. This also discourages some students. In some cases, they will not even take the initiative to try because it is so costly. I do not understand why it cost so much to want to better yourself, and possibly put us in debt for the rest of our life just to receive a higher education. Not only has the cost of college risen over a period of time, but it continues to go up. Yes, they have alternatives for paying student debts, but what if you do not qualify? Lastly, you are not guaranteed a job just because you graduate and have a college degree(s).

The cost for college tuition has skyrocketed, leaving people with no way to afford a degree or scraping to pay back what they already owe. College is more expensive now than it has ever been, making it harder and harder for people to get ahead. College isn’t the only thing leading to this though, jobs are scarce, even if you did make it through college, there isn’t a guaranteed job out there for you unless you arranged it prior to graduating, which makes it even harder to pay back money you owe. This is what makes it seem like it is not worth it to go to college,

Along with the average tuition increasing, so has the average income of Americans. In order to afford college tuition, student loans, financial aid, and scholarships come in handy for the time being. Unfortunately, American’s who have finished college still have a load of debt to pay off for many years after graduating. Americans are spending money they don 't have to finance educations they are not sure are worth it. In some cases, students who find jobs right out of high school are left without college debt, but also without a degree. On the other hand, many people who attend college have large college debts yet have a decent

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

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

According to TED; The Economics Daily, tuition and fees increase 63% since January of 2006. Some people believe that the cost of college tuition is acceptable. However, college tuition cost is too high. They ought to be lowered and made affordable to all. College tuition cost is too high, a high tuition can prevent some students from receiving college education, forces some to take out loans, and ultimately can cause future financial instability.

College costs go up faster than incomes. This is copping out low and middle-class families from getting a decent college education. College is becoming so expensive that it is a dream to a lot of less fortunate people. The tuitions and fees are public universities have increased almost 130% over the past 20 years. Education prices shouldn't increase as jobs and income decrease; that doesn't make sense. For colleges to increase tuition fairly, incomes would have to increase making the average annual income more than $50,000. Whereas, in 2008, the median income was $33,000. That's a big difference. As prices increase, education opportunities decrease. This leads to a decrease in jobs. Ironic because businesses are looking for well-educated employees.

Researchers found that with all these expenses, colleges are not spending roughly the same amount of money resulting in the rise of tuition cost. For example at public research Universities, spending increased close to three thousand dollars per full-time students (Matthew, 2013).

Today, degrees are reflecting strongly on people’s lives. The cost of college has become too high for every student or parent to afford, which makes it impossible for everyone to obtain a degree. College level has become too tough and beyond student’s reach and abilities, not anyone who obtaining a degree can get through other majors, such as physics or math, degrees don’t evaluate your skills neither your efforts. For the most important, jobs in our market have been evaluating their applicants’ qualifications through their degrees. Degrees demand beyond the reach of people’s abilities and solutions should be suggested to undermine degrees as a job qualification.

To most people college is their goal at succeeding in life. Whether you get a scholarship or pay yourself, college is expensive. To some it is a waste of time and money due to the fact that, graduates are not getting their money's worth in their degree, they are burdened by student loans, and their degree does not guarantee them a job. With that and a growing tuition rate, most people can't afford a higher education. College is simply not worth the cost anymore.

The tuition increases have come in response to the lack of federal funding to universities, leading them to find their own way to provide for their upkeep. “Recent increases in university tuition fees are part of a new entrepreneurial trend in higher education in which institutions are expected to generate more of their own revenue” (Quirke). The universities have decided that since they can no longer look towards federal funds to fuel their costs of maintenance and revenue, they must find a new route towards attaining much needed funds, and they have chosen to

Student debt is at an all-time high. Many college students and recent graduates may find themselves asking: "what's the point?" Why go to college if there is no guarantee of a great job, but you are almost certainly guaranteed to graduate with high levels of debt? But take a careful look at the statistics. While the unemployment rate for recent four year college graduates is 6.8%, the unemployment rate for recent high school graduates is nearly 24% (Webley 2012). Of course, there are many other reasons to go to college, such as personal fulfillment. But for those who are considering not going to college because of economic concerns, I advise you to think in the 'long term.'