The cost of higher education College institutions offer a wide range of degrees and certificates, ranging from associate degrees to post-doctorates. A bachelors degree is another name for a 4-year degree, and such can be given in a wide variety of fields of study. According to the Digest of Education Statistics, during 2012 and 2013 more than 1,8 million bachelor degrees were conferred to college students in 34 different fields of study. So, prior to defining the cost of education, there is a need to establish who is the average student. From the almost 2 million granted degrees, 360,823 were only from business school. That makes it by far the most popular student choice, being almost two times the amount of degrees granted to health professions and related programs, and more than two and a half times the number granted for social sciences. So, for everything else that is evaluated in this paper, business degrees will serve to define the average student. It is a very requested type of education and for a very good reason. Having a business degree opens up a wide range of prospective jobs a person may have. With a business degree you can work as a sales manager, a financial analyst/manager, an insurance agent, a financial advisor, a logistician, an accountant and so much more. Obtaining that degree, however, is not easy, and not at all cheap. Before the cost of college education can be calculated, its important to define the three different types of colleges that a student
College tuition is very expensive and many people are unable to attend due to the overall cost of tuition, books, room and board. The high price of a college education is unfair to the bright students who have limited resources. These students are at a disadvantage because of lack of funds. The United States should find a way to provide free tuition to all students who want an education.
The trend continues with the skyrocketing prices of college tuitions. This is not an uncommon issue the days of college tuition being affordable are slowly fading into the past. This conundrum has brought to light the idea of using tax money to help pay tuition. This idea has vast potential, but can it reach its potential.
Bernie Sanders, senator of the state of Vermont said, “The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt” (“Brainy Quote”). Each year students take out loans to pay for a college education. Is it really necessary? They are just going to be a statistic. I believe everyone should not go to college. College is not for everyone.
There are many students cannot go to college because of the cost of college tuition. Some students work hard at the fast food places, restaurant to pay off their tuition. The government of the United State gives the opportunities for the young Americans that if they participate in national service to the country, they will be able to exchange for free colleges or technical school tuition. The government also gives students many options such as working at an urban library for library major; working in a homeless shelter for social work major; working in the juvenile justice system or prisons for criminal justice majors; working in hospitals for pre-med students and nursing majors. Young Americans should participate in national services in
Depending on one's social class, some have a superior chance of getting into a university with no worries, the cost would not cross their mind. By having different financial classes and labelling one more advanced than the other. The more affluent class has the best ability to attend college, because they come from families who have the money and does not
In the recent past, the cost of post-secondary school education has rapidly risen in America. An adjustment of the financial aid that comes from both state and federal governments indicates that the cost of university or college education has surpassed that of health care and even inflation (Casselman, 2012). Some of the facets that have led to the increasing costs are state and federal revenue shortfalls and wrong use of cost offsetting. A recent article published in the Wall Street Journal indicates that students across America are plunging into more debt due to loans taken to pay their college education. Considering that America has experienced severe shortages of employees in the science related courses, rising costs of higher education continue to create more concern. The issue of cost has also featured in the current American primaries with presidential hopefuls like Hillary Clinton discussing the possibility of cheap or even a free college education. On the same note of costs, the following paper is a review of an article by Baum, Kurose and McPherson, ‘An overview of American higher education’, published in the journal of the future of children.
The cost of college tuition is increasing exponentially ever year. Students have to pay for a number of things besides the tuition for inference books, dorms, fees, tutor, etc on top of their everyday living expenses. At this rate college tuition will be far beyond the reach for the average person. The inflation raises numerous of questions. If the recession is not getting better why do schools continue to increase tuition? What can be done so that the college tuition won’t be so far out of reach that the average person won’t get no higher education than a high school diploma.
How would you feel if money were no object when it comes to obtaining something you really want, and know it will be of great benefit to you in exchange? In fact, what if I told you that a post secondary education can be of no cost to you or your parents, meaning no high interest rates, or additional fees to pay back. All you need is the desire to better your circumstances. No loan applications and debt required! Well, I wish that had been offered this proposition before graduating high school, and not worry about whether or not my parents could afford to send me to a traditional 4-year college. We are all currently sitting in this classroom to satisfy one of many required courses in hopes to obtain a diploma in return. Some may even be looking to transfer into a 4-year college or university. Unfortunately, the cost of college education is expensive and for many is a deterrent, and loans do not make it any more enticing. The burden in repaying student loans is enough to discourage many from ever stepping foot into a college classroom. However, as demands to fill high-paying positions in the job market increases, many are going vacant as most require college degrees. For many Americans today, high costs of colleges make it difficult to consider. Today I would like to talk about first, the problems of high costs in post secondary education, second, how this proposal has been a debate, especially among recent presidential hopefuls, and finally how a community with tuition-free
President Donald Trump, I would like to begin by thanking you for taking the time to listen to my proposal about the issues concerning the cost of college. We have a problem that must be solved. The cost of college is rising, causing students to fall into college debt. This matters to me because as a current high school student myself at Newport Harbor High school, my next step in the next few years is to attend a college. Being apart of a low income family myself, looking into the cost of college is very expensive. This could well lead me into taking loans, which could place me right into college debt.
The issue that I’m exploring is the cost of college. Today the issue with college is that it’s expensive to attend and after graduating many people are left with crippling debts that they cannot pay off. Hillary’s view on college is that it should be affordable. She will accomplish this by creating the New College Compact. This will allow students not borrow money to pay for tuition, books when going to a four-year public college, refinance existing student loan debt with current rates, and make sure colleges control the cost of tuition. The effects of this will be having a tuition free community college, cut the amount of interest rates of student loans, strengthen and protect GI Bill’s benefits, completion of college, and have schools focus
Unfortunately, college tuitions show no sign of digression but rather inflation to coincide with our current economy. An example of this is seen within private institutions, where a valued higher education is given and sought out after by employers, but is only obtained by the few who could afford it. The article “Recent Trends in U.S. Higher Education Costs and Prices: The Role of Government Funding” explains this relationship in the ways that
Democrats and Republicans are at odds among how much should be done to ease the cost of a higher education. Republicans and other congressional appointed figures have been openly opposed to the possibility of free education, while offering alternate solutions. They question the need to provide free education to young people who they believe are not prepared, or for that matter motivated to get a two year or even a four year degree. Republican leaders in Congress oppose any substantial increase in federal assistance to higher education. They argue that colleges and universities continue to receive billions of dollars a year in federal subsidies without any new liability to parents, students and taxpayers, despite indications that problematic
Vying with other applicants for a job position is difficult without an adequate college education. The primary problem is the rising cost for pursuing a postsecondary education makes it difficult for students to afford and complete their college degrees. Tuition has doubled three times since 1980 and outpaced the nation’s inflation rate whereas the student loan debt is at its highest at over $1 trillion (Sobel, 85). That is comparably higher than the rate of credit card debt (Education). Current policies by legislators do not directly address setting tuition rates, but establish the parameters and budget for the boards to follow (Weeden 2015). Your proposed alternative to the current tuition policy, by implementing a tuition free policy for community and undergraduate institutions, sounds promising but also faces an uphill battle in being passed. While both have pros and cons, the best policy recommendation also includes taking into account potential opposition and the nation’s overall opinion.
Opportunity cost is the most important concept in all of economics, Opportunity cost is the value of the best alternative forgone in making any choice The concept of opportunity cost must not be confused with the purchase price of an item. Consider the cost of a college or university education. That includes the value of the best alternative use of money spent for tuition, fees, and books. But the most important cost of a college education is the value of the forgone alternative uses of time spent studying and attending class instead of using the time in some other endeavour. Students sacrifice that time in hopes of even greater earnings in the future or because they place a value on the opportunity to learn. Or consider the
One year at the prestigious Yale University will cost an average of $38,300 (collegeboard.com). Many students who deserve to go to this school may miss out because of the cost and lack of financial aid. The rising cost of college may put higher education out of reach for the average American. This paper will look into the reasons behind the steady rise in prices, the legitimacy of a college education, and why recent graduates are struggling to find jobs in this tough economy.