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The true cost of higher education
The true cost of higher education
Compare and contrast educational system of uk and usa
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A college education is worth the time and money. According to the website Bureau of Labor Statistics statistic graph [Unemployment rates and earnings by educational attainment, 2016], it describes annual income gaps based on what educational level that people have. The result of the analysis demonstrates that people who have a bachelor degree earn more than four hundred dollars weekly as compare to people who do not have any degrees, and the gap will be enlarged to approximately twenty one thousands dollars in terms of a year. In fact, not only for international students, but also local students, attending a college for two years before getting transferred to a university is very common and economical way to get the bachelor degree. Also,
You don’t need a college degree to have a good paying job. Not attending college affects ones literacy of financial awareness, their ability to receive a job, and their ability to carry our responsibilities.
Many people believe that “having an economy that places a greater value on skills and education is a good thing” and that is the thing that is needed to improve people’s lives and futures (Baicker, Lazear). If what our economy is trying to do a good thing they why are so many students still suffering? The main issues are the low-income education that many students have. Many schools are getting money from the government but that is not enough to pay for everything students need. Educational standards have continued to increase throughout the years but that does not help the students who are unable to pay for the better education. These students who cannot pay for the better education are stuck barely getting by with a low education. A low-education can affect many areas of regular schooling. The students who are at low-income schools do not know what type of disadvantage they have compared to other students across the country. These students believe that they are getting the best education, but there are many students who are getting a better education at a school that has the funds to pay for everything their students need. Low-income students are suffering due to the environment they are in at school and they continue to suffer throughout their life due to it. These students will continue to suffer unless something is done about the low-income schools and improve them for the future. Improvement has to come from all areas, not just one aspect of schooling but from all aspects. Although education has improved along with technology many low-income students still suffer from the vast inequalities. These inequalities will take many years to find a way to fix and even more years to actually fix, until this happens the students will...
As Nelson Mandela once proclaimed, “Education is the most powerful weapon which you can use to change the world.” Unfortunately, some students do not have the chance to take part in a college education. Not receiving a post-secondary education is a rising issue among those below the poverty line in the United States. In 2010, eighty-two percent of high income students continued their education into college; while in contrast, only fifty-two percent of students living in poverty had the opportunity to receive their college education. Poverty can be defined as having little to no money, goods, or means of support. Living below the line of poverty is an ongoing struggle for at least fifteen million young adults nation-wide, according to the Institute for Higher Education Policy. This accounts for at least forty-four percent of young adults. Currently, one person out of every four people living in poverty as an adult has earned their college degree; but somehow cannot escape the life of poverty, while eighteen percent of adults living in poverty dropped out of high school without even earning a GED or an equivalent degree (Low-Income). According to the New York State Department of Labor 2010 statistics, an individual with a Bachelor’s Degree will earn over fifty thousand dollars more per year than an individual who has only completed high school (Smith). Earning a college degree will not ensure escaping the life of poverty; however, it provides a solution to escape that lifestyle and gives an opportunity to move on to a more successful life that those living in poverty have only dreamed of.
There are those students that don’t want to study or do the work and they are just in college for the parties and to have fun and college is not for them. But for the mast majority that are actually contemplating furthering their education I say go for it and that you won 't regret it. I know many students look at the debt that they will incur while they are in school, but when you look at the rewards that come from receiving a college education they outweigh the risk. You will more than likely make a lot more money with an education than if you just have a high school diploma, as long as you do your research and find a career that you are likely to obtain a career, once your degree is completed. The unemployment rate is much lower for those that have a degree of some
Recently, studies have shown that income inequality has many connections that have caused the gap in the United States. According to the research I found, income inequality is connected to corruption, trade, wages of workers, and education. The world income inequality had declined since the twentieth century according to the studies found (Clark). Corruption falls increasing on low income individuals more than higher income individuals. Additionally, the trade theory suggests that the free trade might have level up the income inequality higher within countries by the different patterns of wages and demand for workers who are skilled and unskilled (Silva and Leichenko). Moreover, the education of wealthier people has it easier because the learning efforts of education are unbalanced. Besides, income inequality in the United States is hurting our economy due to the all the issues of corruption, trade, wages, and education. Suggested by Robert H. Frank article called “Income Inequality: Too Big to Ignore,” the income inequality is bad for our economy (Frank).
Education has been historically considered as an equalizer of society in America, allowing the opportunity for even the disadvantaged to reach success. Race was once the strongest factor in determining future achievement, but today Stanford Sociologist, Sean F. Reardon, says income level has become more consequential (Tavernise). President Barack Obama was one of the lucky few able to overcome the obstacles he faced growing up being both African American and underprivileged, but most children are not as lucky (Rampton , Nawaguna). In The Immortal Life of Henrietta Lacks, by Rebecca Skloot, the Lacks family lived in poverty and struggled to perform well in school, resulting in many of them dropping out even before high school (Skloot). The success gap between high and low income students in the U.S. has increased significantly in recent years (McGlynn). The educational achievement of students is significantly affected by their home life, and those living in poverty are much more likely to fall behind academically than children coming from affluent families.
...ork City Cheated Out of State Money: Pataki Blames City for Lack of Funding.” Student Briefings. 12 Feb. 2010. ProQuest Newspapers. ProQuest. Wor-Wic Community College Media Center. 21 Mar. 2014.
Recent research shows that higher education is extremely valuable for those whom attended a university and graduated with at least a four-year bachelor’s degree. (Dam, N.P.) Those students who have graduated with a four-year degree are making more money than those who only graduated High School. The United States Bureau of Labor Statistics has come to a conclusion that someone with a four-year degree makes an average of $20,748 more each year than someone who doesn’t have a degree. (Ebersole, 2012) A student who doesn’t attend college will make an average of $1.2 million throughout their lifetime and a student who graduates college will earn an average $2.1 million throughout their lifetime.
Honestly college at this certain point in time does not seem worth it. Everywhere else in the world college is free but the United States. People would feel more motivated to go to college if it was free. College is the main reason Americans are having to live such a hard lifestyle. My father did not go to college and makes eighteen dollars an hour. On the other hand my aunt did go to college and make twenty-four dollars an hour but is still paying back student loans so after paying all of her stuff back she only makes around fifteen dollars an hour that she gets to bring back and that doesn’t include taxes. That’s the reason college doesn’t seem like a good choice to make in life.
After finishing college you can be ahead of your colleagues. Your qualification will determine your position in the company you work in, also will increase your anual salary. “College graduates earn more, and are more likely to have a job in the first place” (Rotherham 79). Unemployment is a serious issue in the U.S. This topic is brought countless amount of times. Unemployment rates for people with college degrees are far less than a person with only a high school diploma. Also the chances of someone getting laid off is also far less likely versus someone with a high school diploma. In the article “Why college isnt for everyone” by Richard Vedder the author mentions “A person who compares the annual earning of college and high school graduates would no doubt conclude that higher education is a good investment” (Vedder
College allows the student to choose their own path in life and not just take any job they can get. For instance, I have always wanted to teach and I like the added perk of having the summers off. Obtaining a degree will ensure that you earn your maximum earning potential. On average a person that has their Bachelor degree earns about $15,000 a year more than high school graduates, while associate degree holders make about $7,000 a year more (Graff, They say / I say: the moves that matter in academic writing, 2014, pp. 208-225). However, over time the gap significantly widens to almost $50,000 a year, in favor of the college degree holder. Some might would argue that not all degrees are equal with some paying significantly less. I agree that the type of degree one receives directly impacts their salary, but the benefits of obtaining a degree are still valuable. In an article written by Terry Caron, his researched showed that unemployment rates significantly decreased the more education an individual received (Caron, "College Graduates vs. Non - College Graduates: Unemployment Statistics.")As Freeman Hrabowski mentions, “College graduates are much more likely to be employed than those with only a high school diploma and earn substantially higher salaries” (Graff, They say / I say: the moves that matter in academic writing, 2014, pp. 259-263).
Income inequality in the United States is directly correlated with education decline over the past 40 years. People with lower incomes tend to have less opportunities for a good education than those with higher incomes. American education, when compared to other nations, has dropped dramatically due largely to a rise in income inequality since the 1970s. Not only has economic inequality lead to academic decline and disparity, but academic disparity has also tended to lead to further economic inequality. Because of this, improving the American education system can effectively decrease the income gap. If done correctly, the usage of an alternative school model, specifically the private school model, rather than the usual public school model can reduce economic inequality.
The worth of college is better than the money spent on going to college. Kevin short says “People with bachelor’s
The United States school system has been struggling for years in the aspect of the child achievement gap. According to the NEA, achievement gaps are the all new reality in the present educational system. The National Education Association is the largest labor union in the United States determined to advance the cause of public education. Throughout the years, differences in education achievements between different groups of students have been hard to ignore. Those who fall under the categories of English language deficiency, poverty, racial and ethnic backgrounds and disabilities fall far behind than the rest of the students, and despite all that has been done in hopes of closing the gap, there has not been much of a change. Poverty in itself
There are many different factors that affect education. One such factor is, socioeconomic status. Children who attend school in a wealthier community receive a better education than those students in poor communities. In poor communities, student’s education is not only affected by a lack of resources, but also from teaching methods and philosophies. Urban and poor schools’ students do not receive as equal of an education as their more affluent and suburban counterparts do.