The Importance Of College Cost In Education

Opportunity cost as defined by Merriam-Webster.com retrieved March 23, 2016, from http://www.Merriam-Webster.com/dictonary/opportunity cost is “the added cost of using resources (as for production or speculative investment) that is the difference between the actual value resulting from such use and that of an alternative (as another use of the same resources or an investment of equal risk but greater return).” Opportunity cost can be defined as what you give up in order to do something, a choice between two things. Opportunity cost may be expressed in terms of anything which is of value to a person. Waggoner (2016), says that people have opportunity cost with every decision they make. An example is the time chosen to write this paper I gave up the time I

College tuition has been an increasingly intense topic of discussion over the years. The costs of higher education have been debated by many people, and it has been discussed as to whether costs are becoming too high for students to afford. College has become more and more popular, and now as many as 20 million students attend universities reported by The National Center for Education Statistics (1). The value of a college degree is immense, but college tuition is becoming too expensive for students to afford, and furthering the problem are students’ lack of knowledge on how to pay and earn money towards their college degree.

Someone who went to college might say that it was their best years of their life, and others might say that they dreaded the fact of college. College is in fact very expensive. Many people who don’t go to college usually don’t have the money to go and at the same time, don’t earn the education they need. According to the article, “why is college so expensive” it states, “ As the government’s budget changed, so did the University’s funding.” This shows why college is majorly expensive because as the budget of the government changes, the cost of college

Students will be too busy pay off loans they will not even be making anything from their job.

A major problem for today’s high school graduates is the rising price in college education. Attending college can add up really fast; it can cost up to tens of thousands of dollars per year (Barkan 1). No wonder, in Steven Barkan’s book of social problems, issues and problems in higher education take up a full chapter. In this chapter, Barkan states that only 44% of all students who attend a four-year institution is lucky enough to have annual tuitions and fees amount to less than $9,000 per year. The aggravating question is, “why does college cost so much?” Not only is tuition part of the cost of college but also fees housing and meals, books, school supplies, and accessories (“What’s the Price Tag” 1). All tuition covers is the money for academic instruction. Fees are charges for specific services such as, internet access, and then the cost of books and school supplies add up. Additionally, one is not paying just for textbooks but also

Furthermore, tuition annual rate has an outrageous inflation relationship with time. In Josh Mitchell and Andrea Fuller Wall Street Journal it states, “Among the four-year schools in the Journal's analysis, the average increase in tuition and fees was greater than 75% in the past decade, outpacing inflation.” (pp9). As college tuition continue to increase, the more individuals will be in debt. While the importance of a higher education increases the chances of becoming successful, more people will gravitate towards higher education knowing that loans will always be an option and having the idea that debt is normal to ensure a stable future. Not only will this start to affect individuals but the government will eventually suffer. Wight Martindale Jr states, “…too much money spent, too little achieved.” (Martindale), this explains how higher education can bring one a tremendous amount of debt with a bunch of stress. He also talks about how it is a bubble, this is a bubble that many students hate to be in. This bubble is known for being unable to burst which is a problem for multiple students because college shouldn’t be about money and stress. The more money the government give out and not receive as much in and they borrow from different countries, the country will stay in debt itself.

Today we were given a presentation by two great men on the topic of college and what to expect and paying tuition. As we all know; college is extremely important for those of us looking to get a high paying and respected job. We who live in western democracies like ours, have a civil duty to pursue higher education for the betterment of society and ourselves! For us to waste this great privilege is a travesty. With so many options to help pay for or assist in the paying of tuitions; get out there and educate

As a senior in the last few weeks of high school, college is definitely something that’s been on my mind. More specifically: the cost of college. As many students work part-time for low paying jobs, looking at college websites and seeing numbers between twenty and thirty thousand dollars is more than a little intimidating. Even more intimidating than that is the fact that these costs are steadily rising every year. Students like me must borrow more and more to remain in school, digging themselves deeper into debt. When we finally graduate, we do so saddled with thousands of dollars in debt. This begs the question: why exactly is college so expensive, and how did it get this way?

Trying to get into college these days is difficult enough, but once you do, there is no rest for the weary. Tuition is unfortunately rising at a rate of almost 8% a year with no sign of abating. This leaves students and their families with a bill they may end up carrying for years. To even be able to afford college in the first place, you need to be savvy, educated and determined. Here’s a few ways you can get some financial help for college:

Often students don’t believe they can afford college. Their parents don’t have the money to assist them and they know working a part time job isn’t going to cover the cost of a college education. These students should have the same opportunities as everyone else which is why the government has setup some programs for students that are in need of financial assistance.

Financial troubles are often times a serious barrier in regards to my education. Affording to college has been getting more and more difficult throughout the years and it has been impacting my love for education in a serious way. This is evident due to the fact that I no longer can afford to take classes that I need to be able to graduate on time, along with classes I am going to need in the future to build a more confident resume for graduate school in foreseeable the future. This is why I chose to come to Northern Essex, and I love the experience I have received. I am truly grateful to have made the choice to transfer into Northern Essex, as it is easily the best decision anyone could make. From the connections and reputability NECC has acquired

In 2012, seventy one percent of students graduating from a four year college are in debt from student loans. Americans alone owe 1.3 trillion dollars in student loans. Some people believe college should be free if not more affordable. Others believe you should pay for college. You should pay for college.

Youth today must be willing to close cultural gaps with an adhesive of understanding. By examining hurtful stereotypes and eliminating them, my generation can create a non-judgmental environment which will ultimately lead to less violence. This would be a cross-generational effort, as certain generalizations can create division within different age groups. Young people often fall victim to the stereotype of being entitled, when there are more teenagers participating in community service work than ever before. With the raising costs of college education, students today must work harder and accrue more debt in order to receive an education. Like previous generations before them, young people want a bright future and the freedom to pursue their

The question of “Is college too expensive?” is a little bit ambiguous. There are multiple ways of looking at this question. There is the way of looking at the inflation of the US currency that leads to colleges raising their price of a higher education. Then there is the view of all depends what kind of college you go to. There are private schools, that carry a heavy price tag but many scholarship to help lessen the price, state related schools, where the price tag is lower but not as much aid to help lower the price, and community college, which has a lower price in general but only cover general education classes or associate degrees.

Under Code section 162, a taxpayer generally may deduct expenses considered ordinary and necessary in carrying a trade or business. Code section 162 makes no mention of allowable education deductions. Treasury Regulation section 1.162-5 specifically addresses whether expenses related to the cost of education are considered deductible. Educational expenses are deductible under Treasury Regulation section 1.162-5 if