Does the investment in a college education outweigh it’s cost? Must learning new things and becoming a smarter person have to take so much money that not everyone has. Going off to college has become more expensive than it ever has been. Over the years, it 's been statistically proven how the cost of a class and entrance of college is really high. Students with low income sometimes get waived and sometimes not. Is there really a price on education. I believe that education should not have a cost, which will never happen but at least lowers the number of fees. The outweigh of college impacts the economy in a negative matter because people doubt on education is it really worth it, which also impacts positively because some people still are willing to pay the cost of education. To begin with, I believe that author Abel Jaison and Deitz Richard are correct based on their information. Tuition over the years has become really expensive and something that not everyone can afford anymore. It 's never been easy to attend college but as the years pass it 's got tougher. Like the author explains it 's more about the money now in days instead of the type of education that is being taught to others. Another example the author gave was “ trends that have led many observers to question whether a college education remains a good investment “. The statement is explaining how we human beings doubt the use of education in the long run because of the amount of money being asked for. On the other side, colleges have started to ask for more fees on everything than ever before, This makes it harder for us to try the attempt of going off to college. To enroll in classes, go to orientation, ask for some necess... ... middle of paper ... ...ry with me.? Even though it will be expensive to get the benefits of college it 's come to a conclusion that investing in a college education still appears to be a wise economic decision for the average person. While getting into your career there may be careers such as a 40-year career that would be about $25,000 per year. Workers with a bachelor’s degree earn well over $1 million more than high school graduates during their work career after high school. This author concludes that many people are full in debt because of college needs. In conclusion, I believe that the benefits of college still outweigh the cost. For the reason that no matter what college will always be something that 's the heavier than something else. The college will always ask for money and for that reason I do believe that the benefits of college outweigh the cost.
Bruni begins by describing the golden promise of college as it appeared for baby boomers. In that time getting into college and completing a degree was enough to be successful. He acknowledges that this idealized vision of college may be inaccurate, however, he asserts that the issue is far more “complicated” than it once was. Bruni makes use of a recent (2012) debate over student loan interest rates in the U.S. to explore the issues surrounding college education today. While rising student debt is certainly part of the problem he suggests that the issue extends beyond that. College is now a “luxury item with newly uncertain returns” (Bruni). While rising costs make college a luxury item that not everyone will be able to afford, even those who can and do manage to go to college are not guaranteed success.
One statistic that Owen and Sawhill presented was “Hamilton Project research shows that 23- to 25-year-olds with bachelor’s degrees make $12,000 more than high school graduates but by age 50, the gap has grown to $46,500 (Figure 1). When we look at lifetime earnings—the sum of earnings over a career—the total premium is $570,000 for a bachelor’s degree and $170,000 for an associate’s degree. (Owen, Sawhill pg 641). Owen and Sawhill also mention that “with tuitions rising faster than family incomes, the typical college student is now more dependent than in the past on loans, creating serious risks for the individual student and perhaps for the system as a whole, should widespread defaults occur in the future. Federal student loans now total close to $1 trillion, larger than credit card debt or auto loans and second only to mortgage debt on household balance sheets” (Owen, Sawhill pg 642). Basically, what the authors are saying is college is expensive, but for some career paths, the training and education received in college is necessary to have that job and the benefits outweigh the costs. With a high paying career where a college education is necessary, paying off student loans is no problem. On the other hand, people who go after low paying careers that don’t necessarily need a college degrees,
To use an analogy, YOU consider whether a person should seek treatment for a disease. Even if the person cannot afford treatment a person should still seek treatment for the disease. In the same way, people who cannot afford college might be the ones who should be going to college. With that being said, the cost of college is something that people should consider when deciding whether or not they should go to college. In general, it could be argued that people should go to college if doing so would be beneficial to them. As noted earlier, it could still be countered that even if something is beneficial, it does not mean that people should do it. However, it seems reasonable to lay aside this somewhat abstract problem and focus on practical matters. It seems reasonable to hold that people should make the decision about whether to go to college or not based on the benefits rather, the cost of school. A huge question or main point for going to college would be if you would get a better paying job by attending a institution. In general, a college degree results in better pay than a highschool degree. One major problem with going to college is not being able to obtain a bachelor's degree and inevitably staying in college one or two more extra years that cannot be avoided, thus, putting oneself or his family into more debt than if he were to obtain a bachelor's degree in four
In the Washington Post, the article title, “College is not a commodity. Stop treating it like one.” Everything revolves around money these days and the economy. The economy is justified to be expensive, by the time you are the age of 22 you will be in debt up to 100k dollars to 200k dollars. Regardless of where you go to college or what you go for you will be in debt. The author states that the value of education
To begin, college is not worth its cost due to the economic burdens it places on college graduates. Students put themselves in debt with students loans necessary to pay for their education while also watching their wages decline over recent years(Doc C). This creates a lifelong cycle of
Smith, Rodney K. "Column: Yes, a College Education Is worth the Costs." USAToday.com. USA Today News, 06 Dec. 2011. Web. Nov 2. 2015.
College does have its good and bad, but the tuition money needs to decrease in both public and private schools. College should be the best time of everybody’s life, but money shouldn’t be a distraction.
In addition, the writer of “The Benefits of a College Degree” wrote that”One of the most important and obvious reasons to earn a college degree is to increase your earning potential”(“The Benefits”). While it is true that college is indubitably expensive, the years of learning a particular trade or skill for the future of career of these students is important and worth the cost. Also, students can apply for a variety of scholarships for different amounts of money to help pay for college and lower the amount of debt caused by schooling. Furthermore, multiple students believe that a college education is not needed for their future and that they can get good paying jobs without it. This philosophy does not apply to any good paying careers with the exception of the military and some construction jobs. The good paying jobs require at least a bachelor’s degree in many cases, except for a few that require an
But what’s more important? Saving money orapplying to college? So here we ask ourselves on more time, is college worth it? Of course, it is.The more colleges you apply for, the better. Expanding your college options are better thanlimiting yourself with a budget.The cost of tests and applications may be high, but that is nothing compared to how muchcollege really costs. In college, you’re not just paying for the opportunity to learn. You arepaying for books, to rooming, to the grass you step on, and to the air you breathe. A student withno subsidizing means to pay for college can find themselves amidst a nightmare when findingout how much college costs. The cost is so high that an “average of $29,400” (Webber 2) isexpected for a single student’s loans. College tuition, is not lenient, and you know it’s bad whenalmost former president Barack Obama mentioned and “criticized the rising rate of collegetuition” (Gutmann 136). The average cost of college can “range from $3,000 to more than$32,000” (How Much Will College Cost Me? 1). And for low-income students? The statisticssay that “only 52 percent of low-income students enrolled in a…college immediately upongraduating” (Elliot 26). The game is not in the favor of low-income students. In fact, collegecosts plus lack of monetary. See, they need jobs to pay for college, but without college, thechances at a good paying job are slim. And so, some never see the end of
Although a college education grows more and more expensive every year. People begin to question whether college is a good idea to invest in or not. “As college costs continue to rise, students and their families are looking more carefully at what they are getting for their money. Increasingly, they are finding that the college experience falls short of their expectations”(Cooper. H Mary). Many people believe that the cost of a college degree has outstripped the value of a degree.Studies show that a college degree will increase your earning power. A lot of people say that a college degree now is worth what a high school diploma was wor...
Today, more jobs require more than a high school diploma. In order to get a good paying job, a college degree is required. More people are attending college in order to get better paying jobs, but is going to college worth a good job with rising tuitions across the nation? According to College Board, from 2002-2003 to 2012-2013, the average tuition and fees for a private institution rose about an average of 2.4% every year. As tuition prices increases every year, it affects millions of college students. It affects college students who have to use government aid to assist paying for college.
A great deal of people would say that earning a college degree is the most essential measure if life because it is what we would call part of the “American Dream.” We think of our future as going to school, getting into college, receiving a degree, finding a job, buying a house, and raising a family with our loved one. However, for most it’s not that simple. With so many dissenting opinions, some people question if they would even benefit from the value of having a college education. Yet the real question is: Is a college education worth it?
There are so many students who would extremely grateful to attend any four year institution but can’t because of the lack of funds. College life can be very stressful, and the process can is very frustrating to most students the first two years. When the cost of college tuition is compared to the 21 century financial economy the cost does not make sense, because for a middle-class family it is impossible to afford sending their child to any four-year institution. It hard for students to graduate with the stress to pay-off hundreds and thousands of dollars in loans. Going to college is stressful enough without the need to worry about how we’re going to pay for it and what other costs will continue to rise with getting a degree afterwards. With the current increase of unemployment rate and the thought of going to college seems like a farfetched goal. Many people choice not to attend a four year institution, because they did receive a scholarship or enough government funding. Having a college background is very important for professional growth, it will eventually limit career opportunities. My stand point is, you may not leave college doing the same thing you began with but the life experience is endless. College experience not only gives knowledge that builds you into a better person by giving a broader erosion. With the cost of tuition increasing will hurt our generation, by causing physical and mental stress but in the end it will all pay off. Not all colleges are for the blame; some of the blame is our economy and other factors play a big roll. As students we need to be aware of all our resources offered, such as Pell Grants, and government scholarships. For example, the some states will pay for a student’s college if they graduate high school with a GPA of 3.5 or higher. There are many states that are willing to pay for all or some of college tuition only if students are willing to use
It is easy to think college is not worth the cost to become better, but getting educated molds a better person, and creates happier people in the future and occasionally they become better in health (Leonhardt 25 ). Becoming a better and happier person is pleasing for everyone. Even former President Obama says “‘Education helps us be better people. It helps us be better citizens. You came to college to learn about the world and to engage with new ideas and to discover the things you're passionate about -- and maybe have a little fun’” (Procon.org). Learning and engaging in everything is a skill everyone should have, so like he said we should go to college to be able to do that. Additionally, education shows people to develop more intellectual skill and become more responsible (Pew Social and Demographic Trends). Thus said, being educated and smart is something everyone can do and college helps with that. Likewise, college can encourage someone to be more educated and happier. Reaching the point of happier and more educated is worth the cost.
...all of the sides to whether college is worth the cost, it is evident that college is in fact worth the cost of tuition. College should be looked at as an investment. A college education will give the graduate more money in the end, than they invested. Even though there are temptations in college, the advantages that college gives their students far surpasses the amount of temptations there are along the way. Most college graduates graduate, and earn a degree by surpassing the temptations college gives, and instead taking in all of the advantages that it is able to offer. Even though college, becomes a redundant seven letter word, that people often get tired of hearing, college is the right step in life, for students after high school. A college education is a valuable investment that everyone should strive to achieve, and is completely worth the expensive cost.