The Pros And Cons Of Higher Education

After graduation, students find themselves in the daunting situation of how to pay their loans. Students accept jobs they dislike, they begin to depend on their parents, or resort to dropping out (Hart). Many student find themselves unable to continue their education so they decide either to drop out or transferred to cheaper schools, such as a community college, consequently placing themselves at a disadvantage in the careers they desire to enter. In fact, per an article written by Rachel Beckstead, “those without a college degree are twice as likely to be unemployed as those with one.” Loan debts are a steadfast threat; however, it goes beyond the present

Some people think that getting a college education is not really a good idea anymore. According to Abel and Deitz, “In recent years, students have been paying more to attend college and earning less upon graduation—trends that have led many observers to question whether a college education remains a good investment” (2014, p. 1). If the student cannot find a job that pays a decent amount of money, after graduation why should the government ‘fund it?. College costs are rising each year. Future generations may not be able to go to college because tuition will be too high. But Abel and Deitz

In the essay “College Value Goes Deeper Than the Degree” author Eric Hoover claims a college education is important to one 's well-being so they can get a job and be productive in other parts of life. Promoters of higher education have long emphasized how beneficial college’s value and its purpose. Many believe the notion that colleges teach students are life skills to apply anywhere, they also work hard to earn a degree and learn specific marketable skills which they can use to get a good job. Though obtaining a college education and a degree is helpful in countless of ways, it is not necessary to pursue a college degree in world where a college degree is seen different now, people without turn out fine, the growing average of debt that students who attend college have to pay off and people without a degree can obtain many jobs that do not require college degrees.

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

Colleges are noticing a drop in students’ interest in a higher education, because it forces them to fall into poverty. Obtaining a higher education is a dream of many working class citizens, but the price to go to a choice college is not available economically. The majority of students use some type of student loan, they have become the norm for attending college (Johnston, Roten 24). College is becoming unaffordable to many lower class students. With tuition prices this high, students are backing out of school and looking for jobs that only require a high school diploma. Student loans should help people, but it is only hurting them because they feel like they can never repay it. Especially since student debt continues to rise. “Student loan debt rose by 328 percent from $241 million in 2003 to $1.08 trillion in 2013, according to the Federal Reserve Bank of New York” (Johnston, Roten 25).

College graduates can pull in higher paying employers, therefore the states can benefit by earning money off of these employers. Some children’s families cannot manage to help pay for the fees, housing, meals, books, supplies, and personal/transportation expenses, even with the pell grants and other scholarships being offered to them. Sixty percent of college students stress about not having enough money to pay for school, the other percentage are worried about not having enough to pay their monthly expenses on top of school (“College”). This in return may put a burden on society from becoming booming with well advanced and bold civilians due to the lack of interaction with college level wisdom. Student’s should all have a chance at further promoting their lives to flourish at what they believe they want to become, without having to deal with the later emotional struggles of money. Although graduates may pull in higher paying employers, the

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.

Third, a college degree is not the best option for everybody because it creates debt. College isn’t cheap and various colleges across the nation are raising their tuition up because of the availability of federal of student aid. Therefore, this results in an increasing amount of debt for many students. Many students are struggling to pay off their student debt. According to article Student Debt Tom Price states, “A majority of college graduates are leaving school owing more than $25,000, and nearly 7 million have defaulted on their student loans—student debt nationwide totals almost $1.3 trillion”. That is roughly half of the nation of college graduates who owe back student debt. Tuition is so high that many students cannot afford to pay it. Therefore, they have to take out student loans and although a person may have a full-time or part-time job it is still harder to pay back the loans on time. For example, Jasmin Johnson explains how she owes more than $65,000 in student debt, and she’s still a year away from graduating. Tuition is so high that many students cannot afford to pay it. Johnson explains “she couldn’t afford the cost and to keep up with her studies while working full time to pay her bills”. For this reason, we see that it is a burden to pay back student loans while maintaining other priorities. Eventually, this leads to debt. There has been a high percentage of college students who cannot pay back their students loans. According to Bridget Terry Long essay, she states, “we have reached an enrollment level in which a small percentage translates into thousands and thousands of students each year. And that is a problem that cannot be ignored.”(46) She points out that not enough people make enough money to afford college. Therefore, many people can’t pay their debt back and there should be action taken against this so that college can be affordable for everyone. As the cost of tuition, fees, and room and board increases then students will have more loans to pay. According to the article Student Debt, the chart displays that nearly “10 percent of universities have increased their tuition of $20,000 or more. Debt has become a big issue for every college student. It results in other issues such as,

Education is one of the main social institutions in today’s society. That is why it is so difficult for me to understand why it is becoming so unaffordable in the past few years. When did wanting to further education become such a burden for graduated students? There are 41 million Americans that have over $1.2 trillion dollars in student loan debt. According to the Project on Student Loan Debt, the average graduate with a bachelor’s degree pays about $350 a month on student loans for around 19 years. I cannot stress enough in how paying for college or paying off loans has become such a challenge for students who are not provided with financial aid or enough financial aid to pay for all their necessary classes. There is also the challenge in

In the lasts decades higher education tuition has increased considerably. As a result, most of Americans students finish their bachelor’s degree indebted with student loans. After all the sacrifices and hard work that college students do to graduate, it is uncertain if they will get an acceptable job. Some of colleges students think that the student loan debt is worth it, but some students think the opposite. Students who think that the debt is worth it usually want to improve their lifestyle. In the other hand, people who thinks that tuition is expensive considered just study high school. For that reason, some people think that it is better not study a higher education and find a job that pays well. A high school diploma can not be compere to a bachelor’s degree. Study in college expand students knowledge and made students independents and matures. Most of the unique experience a young adult can experiment is in college. Also, exist community college for people with low income. Every American should have the opportunity to study higher education because that will be beneficial in many aspects of the person.

In recent conversations of the increment of the student loan debt, a controversial issue has been whether a college degree is worth getting. On the one hand, some argue that earning a college degree is a major life achievement that some consider to be part of the American dream. From this perspective, we can see that a college degree opens up more opportunities and possibilities of employment with a higher pay and position. On the other hand, however, others argue that many people succeed without college degrees. According to the Bureau of Labor Statistics, of the 30 projected fastest growing jobs between 2010 and 2020, five do not require a high school diploma, nine require a high school diploma, four require an associate’s degree, six require a bachelor’s degree, and six require graduate degrees. In sum, the issue is whether a college or career path is worth the debt or not.

According to the Bureau of Labor Statistics, the unemployment rate is projected to be highest for those without a diploma or GED. However, those that have a master’s degree will have the lowest unemployment rates. Also, the 2018 estimated median weekly income for people with a diploma or college degrees are as followed: less than a high school diploma, $471; high school diploma, $652; some college but no degree, $727; associate degree, $785; bachelor’s degree, $1,066; master’s degree, $1,300; doctoral degree, $1,624; and professional degree, $1,735. There is a big difference between those without a diploma and those who have earned a bachelor’s degree is very noticeable. For someone to graduate high school and earn a degree in a career that one enjoys can almost immediately change their lifestyle and enjoyment of life. I, myself would enjoy my job more if I made a weekly income of $785, I do not want to work 40+ hours and barely get by. Many youthful people already know what they would enjoy being and by going to college not only will they have a job promised because of the degree in hand but they income will remind them of all of their hard-work. There are a few jobs that require higher education that does not pay as much as it should, but the one that come to mind first are teachers. Four years should earn someone an income of $50,000+ and yet after all of the hard work put into their career, the under-pay, and appreciation they still put their heart into their classes. A positive attitude about one’s job will create a much better work place and one worth being part

Students learn later on in life that sometimes the expensive degrees that they paid for are not as useful in the job market that they once thought. Every one is affected differently. Consequently Darla Horn believes that “she is not sure anyone should lend college students so much money, even if they are willing to take it”(263).

A college student will face some of this country’s problems as they are pursuing their post-secondary education. These issues include the major financial downturn, and a decrease in employment. A student may have a large amount of student loans because of the increased cost of college. Part of the reason college is becoming more expensive is because of the financial crisis in the United States. However, even if the student graduates from a post-secondary school, there is no guarantee that the graduate will find a job. The reason the graduate may have trouble finding a job is due to the fact that there is a decrease in employment in this country. Although, there does not seems to be changes coming to our country in the near future, a student

This paper was written to explain why the cost of higher education is too high. The first main point of this paper tells about how students are left with a significant amount of debt after college and how it is difficult for students to find employment after completing college. Also, providing a source with details on how much total loan debt the students have not paid. The second main point describes how prospective students have the opportunity to apply for grants, scholarships, and loans, but the cost of higher education excludes most of the medium and lower class incomes, on the grounds that they do not qualify for the grants and scholarships. Then the third main point explains how it is difficult for parents with more than one child being able to afford to send their children to college. Also, including a source that gives advice how to start saving money to go towards their children’s