The Rising Cost Of Education

Finally and most importantly you need to make sure you are financially prepared to pay tuition for the semester.

The increasing cost of higher education in the United States has been a continuing topic for debate in recent decades. American society emphasizes the importance of education after high school, yet the cost of higher education and advanced degrees continually rises at a greater rate than inflation in the 1970’s. According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from pursuing further education (McKeon, 2004, p. 45). The current system requires the majority of students to accumulate extensive debt with the expectation that they gain rewarding post-graduate employment to repay their loans.

In order to improve every aspect of life, especially financially; just having a high school diploma does not meet the requirements that society itself is looking for to accomplish one 's American Dream. Everyone desires and dream to go to college with the hope to be successful; but with the fact that the skyrocketing college tuition is increasing every year might turn those dreams into nightmares. There are many research have been proven that the main factors which cause the high cost of postsecondary education was the lack of funding from government, increase of students as well the increase of administrators. But beside those given facts, there are seems to be more deep hidden truth that most college students and their families have no ideas about it. Numerous of debates seem to argue about the reasons that cause the rise of college tuition was because the most money goes to athletics sport teams, the luxury accommodations for students as well as unnecessary programs and many seven-figure administrator.

“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.

The sudden rise of college tuitions began right after the recession in 2008. Many people lost their jobs, and their current jobs were not paying well enough for them to survive through this devastating time. More people turned to higher education and college tuition began to rise because obtaining college majors will guarantee a higher pay other than minimum wage. This downturn didn’t end here because over the years, tuition rose even higher. In 2014, the debt for college students reached to 1.2 trillion dollars, that is an eighty four percent major increase since the recession. It is very difficult for every individual to repay their entire college tuition on time because their job may be underpaid. If you begin to miss your monthly payments, there will be several consequences right ahead of you.

In the article “The Real Reason College Tuition Costs so Much,” author Paul F. Campos makes a deliberative argument that the cost of higher education is not caused by public funding being cut. Campos uses invention, arrangement, and style techniques in order to structure his argument and persuade his audience. His argument also contributes to the general debate in the cost of education because it is in conversation with other texts and researchers. Campos’ argument effectively contributes to the debate on the cost of higher education because he uses invention techniques, anecdotes, and counterarguments in order to prove that a lack of public funding has not caused the dramatic increase in tuition costs.

College tuition costs more than health care, housing, and transportation; it has even risen past the inflation rate. Supposedly college should make life a little bit easier because it educates a person enough to obtain a higher paying job, this gives them the ability to support themselves. However, if tuition has risen above the everyday things that we use to get around, every day necessities to have a stable life, and the inflation rate, then it is an obvious problem that should be addressed. If this

College rising tuition is currently the hottest topics debated by political and social interest’s groups who pretty much understand that if this is not fixed soon, it will have long damaging effects on our convalescent economy. It is important to be reminded that college education play a tremendous multiplier role in our economy that holds more the 50% of college graduates. (College Has Been Oversold by Alex Tabarrok.)

In America college tuition has quadrupled in the last 35 years. College administrators like to tell the story that baby boomers paid their college tuition from the money they made during summer break. A few years later colleges decided to raise tuition price because people wanted to get a college degree. Colleges were seeing that people wanted to go to college they decided to raise the prices and make business out of it. In Germany, however college tuition is free, and by doing this Germany gets both domestically and internationally to enroll in Germany colleges. I think that for Germany for doing this is a great idea because it give people opportunity to get an higher education to make some money out of it.

The cost of college education in the 21st century is absolutely ridiculous. although colleges have to make money to support things like sports, it is making it so more and more kids aren't going to college, and the kids who do go are coming out with huge amounts of debt. People who go to college aren't coming out with the job that they think they deserve, which is leading to lower income, and a harder time paying off their college debt.

In recent years, the soaring cost of college tuition has angered many students and parents, leaving many wondering where they will come up with the funds to pay. While college is still a pretty sound investment for most career paths, the cost of an education has outpaced general inflation by almost double, leaving many families simply unable to shoulder the fiscal burden without incurring large amounts of debt. How did we get to where we are today? A big part of it has to do with how colleges themselves have changed and the ways our cultural outlook on higher education has evolved. More students than ever are heading to college, and expect better resources from schools each and every year. But have colleges gone too far? Part II.A discusses the history of congressional acts that have over the years increased federal educational spending while showing how college tuitions have drastically gone up. Part II.B examines how the continued investment in college at current and future prices will affect society. And Part II.C assesses different countries debt problems, why they are not in as much trouble as the U.S. and what we can learn from them.

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.

One year at the prestigious Yale University will cost an average of $38,300 (collegeboard.com). Many students who deserve to go to this school may miss out because of the cost and lack of financial aid. The rising cost of college may put higher education out of reach for the average American. This paper will look into the reasons behind the steady rise in prices, the legitimacy of a college education, and why recent graduates are struggling to find jobs in this tough economy.

American youth have more pressure to get a good education than ever before, but at what price? The cost of education is at an all time high and rising every year. Many Americans are struggling with a large amount of student loan debt weather they graduated with a degree or not. The only way to secure the future of students today is to invest in the students themselves rather than investing their money into the corporate market. By preparing students for higher education and providing financial resources students will have the knowledge to deal with student loans and the debt they may be accruing while in school.