The cost of college tuition is getting higher than ever, while the value of a “four-year degree” has never been so significant. College has never been seen as an affordable expense, but the fact that tuition rates get higher and higher is nothing less than an issue. This topic has been in the mainstream for years. Why isn’t the problem of steady rising education costs fixed by now? Maybe the fact that no one has, is the reason this topic seems to be trending more and more every year. The rising cost of tuition negatively impacts college students because of financial stress, effects on future generations, and families seeing college as an impossible trip. But why would thousands of young adults be willing to put themselves in a situation where they are in years worth of debt? Maybe because in today’s world, not having a college degree can hinder one’s career path. Why else would so many people voluntarily take on all of that? For a while, college education was not as important, but with the decline in job openings, and more people in need of jobs, the value of higher education went up drastically. According to US News, college degree holders working full time earn $17,500, opposed to those with high school diplomas only in 2013. By 2015, graduates from college were making roughly 51% more than high school grads. (Danielle Kurtzleben, n.pg) And to this day, these numbers continue to grow. Most children were brought up with parents who said without a college degree, they
In the year 2017, Americans owe about $875 billion in student loans, which is more than what is owed on the nation’s credit cards combined. Student debt is flooding the country and burdening millions of Americans to the point where it is nearly impossible to pay off. Despite the fact that the majority of people believe tuition is outrageously expensive, there are many that believe the cost of college is exactly where it needs to be. Author Dylan Matthews writes about the skyrocketing costs of higher education in his 10-part series entitled “Introducing ‘The Tuition is Too Damn High.’” He reflects on how tuition is gradually increasing throughout the decades and argues that it is too much to keep up with. Matthews provides a logically convincing argument, but does not adequately or abundantly use emotional or credible appeals, as well as premises.
In the year 2017, Americans owe about $875 billion in student loans, which is more than what is owed on the nation’s credit cards combined. Student debt is flooding the country and burdening millions of Americans to the point where it is nearly impossible to pay off. Despite the fact that the majority of people believe tuition is outrageously expensive, there are many that believe the cost of college is exactly where it needs to be. Author Dylan Matthews writes about the skyrocketing costs of higher education in his 10-part series entitled “Introducing ‘The Tuition is Too Damn High.’” He reflects on how tuition is gradually increasing throughout the decades and argues that it is too much to keep up with. Matthews provides a logically convincing argument, but does not adequately or abundantly use emotional or credible appeals, as well as premises.
Over the last decade—from 2004 to 2014—the share of graduates with debt rose modestly (from 65% to 69%) while average debt at graduation rose at more than twice the rate of inflation.” and According to the Department of Labor, as of 2008, 17 million college graduates were in positions that did not require a college education. 1 in 3 college graduates had a job that required a high school diploma or less in 2012.
Statistics exhibit that majority of people are unable to pay for their further education. Pew Social and Demographic Trends state, “A majority of Americans (57%) say the higher education system in the United States fails to provide students with a good value for the money they and their families spend.” Tuition rates for colleges hyperbolizes its values comparatively to the money families spend. It also proclaims, “An even larger majority- 75%- says college is too expensive for most Americans to afford.” College snatch away the money of American families at a value too high and too much for the average family to spend. Not only does college seize the money many family don’t have to begin with, but it forces families to go into debt. Working extreme hours and trying to pay for college wearies the family’s way of living. According to Pew Social and Demographic Trends, “A record share of students are leaving college with a substantial debt burden… about half say that paying off that debt made it harder to pay other bills… about a quarter say it has had an impact on their career choices.” Debts triggers a person to change their profession and causes hardships to their life in the future. High tuition rates and debts stir students away from college and jobs that they truly want. College acquire families money at an
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
In today’s world there are few things more important to obtaining a good career and being successful in life than acquiring a college degree, but this increased importance on getting a degree has also coincided with a large increase to the financial cost of obtaining one. This majority of this cost comes from ever increasing tuition rates and the rising price of textbooks, neither of which appear to be slowing down. Additionally, as the financial burden of attending college continues to grow, the students who are being forced to shoulder the majority of these costs are acquiring large amounts of debt due to college loans or simply foregoing a college education altogether. As the cost of education nears a breaking point, we must ask ourselves what measures we can take to improve the situation.
“College Prices Soar Again!” “Budget Cuts Cause Even Higher Tuition!” “Higher Education Now Even Less Affordable” These are all statements that have been seen all over the media: newspapers, magazines, television, and radio. (3 SV: SV) Rising college tuition in America has been a problem for years. Many students drop out after a single year due to the pricey costs of tuition. The rapid rise can be attributed to many aspects of the economy, not just a single source. There have also been some propositions of how costs could be lowered, but these have yet to be seen. The United States has gone into a tuition crisis.
Throughout the USA college tuition has increased drastically; in the last five years Georgia colleges have had 75% increase along with other states such as Arizona whose tuition has increased by 77% (NPR). Since 2006 the tuition in Utah has increased by 62.8% and is rising throughout the U.S. (Desert News). Between 1885-2016 the price of college has increased between 2.1% to 4.3% per year beyond inflation (CollegeBoard). Through calculations, that equates to about a hundred precent increase since 1885. It’s no secret that college tuition has skyrocketed, increasing student debt and leaving prospective students to ask “Is College Worth It?” college education is beneficial in that it teaches students valuable life lessons in responsibility, prepares students to enter the workforce and can be relatively inexpensive. The eduction is “college education” is worth every penny but America has created clichés to define the college experience which are expensive and unnecessary. In a radical new world a college education is required in many high paying jobs, which leads to the question “Is the experience of college all it is built up to be?” Through recent research, many articles and news mention about the value of higher education seem to only take account of is the financial aspect. A college education is worth what one makes it and is an investment in a future and in one’s self. The purpose of college the education is to be prepared to go into a the workforce having gained the
In today’s society there is a lot of pressure on the current generation of students to go to college so they can get a high paying job. Students have two options: go to college to get a bachelor’s degree (or an even higher level degree) and go into tons of debt or, don’t pursue a college degree and avoid debt but not be able to have the lifestyle or career they might desire. The current debt of students today is higher than it has ever been. “Most students are graduating with average debts of over $24,000” (Jackson 535). Student debt not only hurts the borrowers by delaying the students’ life but the debt can also hurt the economy.
Today college tuition prices are rising. Paying for college can often be a stressful responsibility. A college education is very important for many students, but when stressing on how to pay for college gets in the way, it becomes more of a burden. Kim Clark effectively states the rising prices of college tuition in her article, “The Surprising Causes of Those College Tuition Hikes.” Clark states that the cost of attending a public university, even after subtracting out aid and inflation, rose more than fifteen percent in the last
Jeffery J. Selingo stated in The Washington Post, “How long can we go with tuition until it is to much?” This statement is what many people think, who are struggling to pay off there tuition. The cost of tuition is extremely too high. Earlier in the 1900’s the cost of tuition was merely 200 dollars a year, but now tuition can be from 15,00 to 50,00 dollars a year. ("UNIVERSITY HISTORY." Educational Costs (1900-1909), University of Pennsylvania University Archives. Web. 14 July 2015.) Those statistics show that the cost of tuition has more than tripled from a century ago. In this essay I will be discussing the hurtful side to paying so much tuition from, student loans to financial aid. Also I will be giving you five major reasons why tuition is so high.
There is no escaping the fact that the cost of college tuition continues to rise in the United States each year. To make it worse, having a college degree is no longer an option, but a requirement in today’s society. According to data gathered by the College Board, total costs at public four-year institutions rose more rapidly between 2003-04 and 2013-14 than they did during either of the two preceding decades (Collegeboard.com). Students are pressured to continue into higher education but yet, the increasing costs of books and tuition make us think about twice. Sometimes, some of these students have to leave with their education partially finished, leaving them with crushing debts. It is important to find the means to prevent these
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.
The ideas of equal opportunities that America was built on has been lost and replaced with a structure of education only being accessible for the wealthy. College tuition is a topic that is on every high school and college student's mind. As tuition costs are constantly rising more college students will face the sticker shock of acquiring a secondary education. Unfortunately, college costs do not just end at tuition and room and board people also have to pay for textbooks, meals, and transportation. The cost of college has become outrageous and students are leaving college with high amounts of debt.
Since the beginning of the 20th Century, college education has been available for everyone and anyone who is willing to develop their knowledge regarding a specific professional field. Currently in the United States, the percentage of high school graduates going to college has increased considerably: 68 percent in 2011 compared to 49 percent in 1940 (Menand, 2) and the record high set in 2009 with 70 percent of total high school graduates enrolled in college ("Bureau of Labor Statistics"). Notwithstanding, it has come to the attention of many that the college tuition and fees have been increasing at an accelerated rate. According to The New York Times, college tuition and fees increased 439 percent from 1982 to 2007 (Lewin, 1). This