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.
Paying for college has become an increasing problem through the years. Many students have been graduating from college with a significant amount of debt that is restricting their freedom for years afterward. The purpose of going to college has remained as wanting an extended education after high school. This education granting you access to a huge variety of careers to partake in. With the rise in college expenses, the negative effects have outweighed the benefits, of ever seeking further education.
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
College tuition prices are rising and so is the amount of student loan debt. To many students getting a good education to start off their future is very important. With the rising prices of college tuition, often many students have to get a student loan in order to pay their way through college. Student loans are there to help one out, but can become a huge burden to one. Although student loans come with a lot of responsibility, if one plans a way to pay it off the loan can be very helpful and stress free.
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.
Most people would agree that getting a degree would make life easier as opposed to ending education with a high school diploma. With the shortage of career opportunities, jobs are becoming more competitive and most require higher education. College has become necessary and so consequently, it has become more expensive. While loans have made it possible for nearly anyone to attend college, because they are given too easily, the costs of college has increased even more. A cycle of giving loans and raising tuition is created and as a result college students are burdened with a colossal amount of debt. The issues of student debt go beyond affecting graduates’ lives and begin to cripple many areas of the economy, as well as hinder forward mobility.
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
In this unimaginable generation, we face many challenges to survive, but one challenge that is prevalent is student college debt intertwined with the expensive economy. The idea that a better and furthered education will bring you more success is why millions even make college loans an option. It is believed, that the two elements of education and employment coincide with one another. The idea of being employed is a necessity in modern day. There is a focus on getting an education to determine your success. Although attending school is appreciable, it also comes with its issues that make college appear as a trap; incognito in a sense. Dragging everyone down slowly like a leaf in quicksand. Young adults struggle with college debt, and financial barriers; by avoiding the economy’s false luxuries can prevent the occurrence of running into economic barricades.
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.
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.
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
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
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.
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.
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.
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?