Why Should College Students Get Paid?

With this increase in tuition costs it is making a college education more and more unaffordable and putting students in more debt.

Along with the average tuition increasing, so has the average income of Americans. In order to afford college tuition, student loans, financial aid, and scholarships come in handy for the time being. Unfortunately, American’s who have finished college still have a load of debt to pay off for many years after graduating. Americans are spending money they don 't have to finance educations they are not sure are worth it. In some cases, students who find jobs right out of high school are left without college debt, but also without a degree. On the other hand, many people who attend college have large college debts yet have a decent

Each year, college tuition increases more and more, which makes getting a higher education almost impossible for some people. According to Pay it forward written by Catherine Morris tuitions and fees at public four-year institutions has been increasing an average of 3.4 percent each year between 2005 and 2015.

College cost more money each year and will continue to rise in price needed and textbooks will do the same. Private student loan debt is a perfect example of this it was on the rise, $6.2 billion was borrowed in 2012-2013, up from $5.5 billion from2011-2012. In

The price of college can be extremely overwhelming to incoming students. Many students take the student loan route, as in the 2012-2013 school year, around 10 million college students took out a loan for college, meaning lots of debt. $1.3 trillion to be exact. It’s 39% higher than it was 4 years ago, and like what was said earlier, there is no sign of the price of college going down anytime soon.

In 1976, the average cost to attend a four year public university was $2,175; today, the average cost to attend a four year public university is $25,000 (Snyder). This means it is 1150% more expensive to go to college in The United States today than it was 30 years ago. This obviously would create a problem on how we as people are going to pay for our higher education. Today college has become almost a necessity to have a satisfactory life, and with these rising prices some individuals believe student loans are the only option. There are many reasons as to why the prices have risen, but the one undeniable fact is that this has created a problem within our country. Which, is known as the student debt crisis, and it has been on the rise the past couple years. This problem is affecting people all around the United States, and is causing multitude of problems for them all because they wanted to pursue higher education. Wanting to better your opportunities by bettering yourself is not something that needs to be punished, and sadly that is what is happening. This problem is something that needs to be fixed for the sake of Americans and our economy, but will also take time and a multitude of steps to correct.

According to the Federal Reserve Bank of New York, student loans have quadrupled since 2004, to $1.2 trillion (Brown). This insurmountable debt is an astronomical problem for Americans today and more so, for future Americans. College tuition has been rising for the past 40 years and will continue to do so exponentially. In an asset management report done by J.P.Morgan in 2014, the firm projects the cost of private universities to be at roughly $90,000, and $40,000 for public four-year universities in the year of 2030 (Badkar). If the government remains dormant toward this issue, college students 20 years from now, will be burdened with an even larger amount of debt.

In 1965, the President of the United States Lyndon Johnson signed the Higher Education Act of 1965. This allowed for many things needed in the higher education system, one of them being low interest loans to students who need financial assistance to get through college. This is where the debt problem begins, but does not get out of control until the most recent past decade. Some of the drastic increase of debt can be contributed to more people going to college, but can also be contributed to state schools receiving less money from their respective states and needing to raise tuition and all other fees to cover the difference. Schools do have other justifiable reasons to raise rates as well, such as utilities, upgrades to the campus upon requests of the student population, employee wages, no one is willing to work

Have you ever thought about how college is going to be like paying you college dept well by getting a scholarship you could possibly not have to pay for anything. (free college!)

Average student debt keeps steadily increasing. Student loan debt is increasing because government grants and support for postsecondary education have failed to keep pace with increases in college costs. The government no longer carries its fair share of college costs; so much of the burden of paying for college is put on families. Even though the government gets a big increase in income tax revenue from college graduates, students still have to worry about how they will off their loans (Kantrowiz).

Being a native of West Virginia made last class really interesting. That is of course because, especially in southern West Virginia, WVU and Marshall are the equivalent of pro-teams to the fan bases. An Dr. NAMEHERE's lecture was almost exclusively about paying college athletes.

Over the same period, in state tuition and fees at public four-year institutions increased more than two hundred and twenty percent from $2,175 to $7,030. ( Marcus, J). This suggests that less money is being spent on students education and more is spent on non instructional activities, such as administration and faculty research. Rising government bursary have increased the quantity of education request. This means that the rising cost of a college education is due in large part to the increased financial aid available rather than any general improvement in the value of

College students all over the world need grants and scholarships to be able to get an education, and many cannot get this education if there were no such thing as government and state grants. The United States offers a great amount of financial aid and help to their college students but, Illinois is taking its toll on this. The state of Illinois is planning on getting rid of the MAP grant, which is known as the biggest source of money for students. Without it, students will be facing many consequences, such as transferring to an out-of-state school, taking out more loans, or even dropping out. Many people do not see this as an issue, but it truly does make a big impact on college students. It is unfair to students who heavily rely on the MAP

The first reason why college tuition is considered too expensive is the continuing rise of tuition itself. In one article, between the years 1973 to 2008 tuition for a four-year increased from $9,876 to $25,145 for a private college, and $2,175 to $6,585 for public. While a two-year college tuition increased from $1,360 to $2,402. Within a thirty-five-year period tuition increased $15,267 for a private college, $4,410 for public, and $1,042 for a two-year college. This might not seem too bad for it occurring in a thirty-five year period, but really think about it college tuition increases a little each day and it adds up pretty quickly (“Chronology: Recent Key Events in History of College Tuition Cost” 1). Sarah Turner mentions in her section of the anthology “College Choices: The Economies of Where to Go, When to Go, and How to Pay”, that due to high levels of tuition students are least likely to enroll in higher education. Turner also states that

The cost of tuition at colleges and universities in the United States has seen a steady increase over last several decades. Since the 1980s, the list price for tuition has risen by roughly 7% per year, while the inflation rate has averaged 3.2% per year. The effect of this mismatch in the rise of the cost of tuition versus the average inflation rate has had monumental effects on the ability of students to afford a higher education. This, in turn, has forced more students to take out increasingly large amounts of loans, causing for the national student loan debt to grow to over $1 trillion dollars, more than total credit card