Imagine working hard for a college education in order to have a financially secured future only to find yourself unhappy and unsuccessful. Some students are always eager to go to the last stage of their educational program and attain the highest degree. However, these are always dreams for the students like having less financial abilities as the higher education needs some money for managing the academic expenses. Some people would insist that college is the only way to success in life, but earning a higher education could be an issue that has several disadvantages. Due to the seemingly exponential increase in the costs of obtaining a college degree, students are either being driven away entirely from earning a degree or taking out student loans which cripple their financial prospects well after graduation. A college education has negative consequences because of the high amount of debt accumulated, difficulty finding employment after graduation, and the lack of …show more content…
However, not all students realize the burden of paying back their student loans. Many graduates face spells of unemployment or underemployment before they find jobs that mates their qualifications. Theses spells might be long, especially for some college majors in the article "Tuition Increases Continue to Outpace Income Growth, Inflation Even As Enrollment Climbs Upward." community college raises tuitions mentions that the total amount of tuition will raise by 4.6 percent. This means that students will have more loans.
Students not only leave college with a degree, but they also leave owing thousands of dollars. Even though having a college degree would help students get a higher paying job, that doesn’t necessarily mean they will find one. After graduation, the majority of these students do not have prospective jobs and those that do start at entry level salaries because of their lack of actual experience in their field. About seventeen percent of college students at the age of twenty-five are limited to what types of jobs they can find, some not even related to what type of degree they earned. Because of their limited job options, it’s even harder for them to repay their student loan debts.
There is no doubt that the cost of attending college has rapidly increasing in the last few decades. The average cost of attending a top college is approaching a quarter of a million dollars. Phil Izzo (2014) analyze data of college graduate class of 2014 and found that the average 2014 graduate with student loans will have to pay back around $33,000. Even after taking inflation into account, that is nearly double the amount from twenty years ago. As the price tag rise and average salaries downgrade, forty millions Americans with student loan will most likely not be able to repay their debt. Moreover, the cost of university per undergraduate has aroused by almost five times since 1983; while on the other hand, graduate salaries have been level
The articles also argue on how the most expensive education is the one that does not lead to a degree. While graduating with high levels of debt, it does more damage to a student that takes on a debt but never graduates. Time after time, students always look for ways to pay for college and try to manage to have good grades in order to stay and graduate. Information and facts support throughout the article on how there needs to be more access and more affordability to students who want higher education opportunities. Reasons that include affordability are either lowering tuition or making college free, having more students in 4 year universities and focusing on the outcome of student entering college for the first
The average college student will graduate with 37,173 dollars’ worth of debt and 40 percent of college students will drop out. (Cite should everyone go to college) Despite this, higher education typically allows an individual to follow their passion and make a living off it. In addition, college provides an intrinsic value that enlightens the individual. Although higher education requires a large investment that may not return its original value, I contend that this investment provides one the ability to typically earn significantly more money and pursue their passion.
Over the past decade, it has become evident to the students of the United States that in order to attain a well paying job they must seek a higher education. The higher education, usually a college or university, is practically required in order to succeed. To be able to attend these schools and receive a degree in a specific field it means money, and often a lot of it. For students, the need for a degree is strong, but the cost of going to college may stand in the way of a successful future. Each year the expense of college rises, resulting in the need for students to take out loans. Many students expect to immediately get a job after graduation, however, in more recent years the chances for college graduates to get a well paying job
Vivian Le Ms.Rose English 3P, Per.2 14 May 2015 College Is Worth It High school graduates attend college for many different reasons whether for career development or increasing one’s knowledge. Students who do graduate from college with a degree have increased job opportunities and financial advantages. However, more and more graduates are rethinking going to college because they are not “college material” or don’t have enough money to pay for their tuition. Although many people believe that college is not necessary to be successful in the future, in actuality attending college is critical because obtaining a college degree allows students to gain more knowledge and advantages for their future.
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.
Imagine after working hard the past four years of your life at college you graduate. You are faced with the realization that the next 10 years of your life you'll be faced with paying off all of your college debt. You will hardly have any income at all. Students may decide college is not worth it because the debts are huge and difficult for a young adult to pay off. Also, it is very possible for a determined high school graduate to get a quality job to support themself without the expensive fees of attending a college. Therefore, students should rethinks their goal of getting into a quality college because attending college is not worth it.
Today colleges are growing more and more necessary for attaining a solid path towards a successful career, yet the rapidly increasing cost of tuition is driving students away from their dream of attending college, due to the preposterous amount of money that is now being demanded by colleges across the nation and world as a whole. It is sad to see students being turned away from a successful future due to the money-hungry nature of the universities that dot the globe. More and more impossible it is becoming to have a “rags-to-riches” scenario that used to highlight the American Dream, as if a student doesn’t have the riches to afford a higher education and the tuition that is drug upon its coattails, then our society is doomed to be clothed in rags forever, unless major changes are brought about to restructure and end the indefatigable growth of tuition rates across the board.
40,000,000 can be an extremely daunting number. This number is the approximate amount of people in the United States that owe a collective total of $1.2 trillion in student loan debt (Dynarski par. 1). They are only gigantic numbers on paper, but in real life, their meaning is life changing. People are struggling in ways that those viewing the numbers can barely fathom, and the effects are alarming. The cost of obtaining a higher education is showing problems for the people, the economy, and the future of America.
Two decades ago people rarely questioned the value of a college education, at that time, college education was a shortcut to the top class of the population. However, there are many and more young students who preparing to graduate from high school, question about whether or not they should pursue a higher education at a university or go to the job market. It’s easy to see why. Tuition costs of college education seems to always be on the rise. Attending college can be a very difficult financial struggle for students who live in a middle class family. Americans have started borrowing more money than ever for higher education. Many students have to bear the high amount of student loans after graduation. Based on those facts, many people are questioning
Growing up, it is every child’s dream to attend a prestigious university and find the career of their dreams after it. While the few who achieve these goals are fortunate, the same can’t be said for a growing number of students who pursued a higher education but are currently jobless. This is the dilemma that’s plaguing today’s society. Students are paying a large amount of money to attend a conventional college or university but are not even guaranteed a job after it. Colleges should be responsible for graduates’ success in finding jobs because too many students are defaulting on their loans and the status quo is insufficient at meeting the student’s needs.
The United States have long been held in high esteem by their peers for their higher education system’s ability to produce the best and brightest young adults that can impact the world. Students in our nation have a choice whether or not to attend prestigious higher-level institutions in order to educate themselves and prepare themselves for the job market. The U.S. has an outstanding reputation of educating students as well as making education available to everyone in the country. Whether it be a public university, private university or a for-profit institution, people can easily find a way to pursue their academic goals. However, many students graduate college with the inability to find a job because they weren 't properly trained and with massive debt due to the extremely high price of tuition at most universities. College is viewed as a necessity, but is priced as a luxury. This is leading to a drastic downturn to the success of the United States education system. Changes have to be made in regard to how universities are funded as well as universities reevaluating where their responsibilities truly lie—either making a profit or preparing students for the workforce in order to ensure the growth and posterity of the United States.
At least once a person’s lifetime, everyone think about who they want to become in their future. Most of the things they want to become, requires certain college degree to achieve that goal. Taking that first step of attaining the degree can be time consuming and involves loads of hard work. Some people have more determination and motivation to be successful, while others lack the motivation and can not finish. Not everyone drop out because they lack the determination to finish, instead they run into other obstacle while equipped with the motivation. Those of which are trying to regulate the balance of work and school, unexpected family problems, and financial problems. Unprepared students sign up for school because they think a degree is a “Pass” to the middle class, trying to get one step closer to their goal but drops out of college.
The cost of education after high school is constantly increasing as years go by and has some people question, “Is this degree even worth it?” The debt of many former college students who payed their own way, follows them for the rest of their lives. It’s like an annoying nuisance they keeps following them around everywhere they go and especially in every financial decision they make. Some people find ways to go around this debt and get their education paid for, but others have to pile on the debt to get that degree. There are ways students get the money and resources to pay for college: sport scholarships, academic scholarships, and/or even government grants due to low income. But what happens do the rest of the us who are not as gifted in sports/ academics or middle class students who still want a college degree?