The issue become extraordinarily worse and overwhelming for both the student and their families during the time getting their degree. While going to college students have to find a job anyways to pay for basic necessities such as Ramen noodles because of how ill prepared their own parents are for the future. Since these students don’t possess a college degree, or if they don’t have any real work experience in the field they are going into beforehand, have to take a low quality job just so students do not end up going hungry by the end of it. There will be little in the way of assistance from the parents of these students as they attempt to save up enough money to retire by the end of paying for the exceedingly high price of their student having …show more content…
The middle class families would enviable experience the worst of it. As Mike Patton explains (2015), “This hits the middle class especially hard, as they are often not rich enough to afford the full cost of tuition at a prestigious university and not poor enough to qualify for subsidies” (Patton 2015). What this then means for the average american is that not only must the students enviable find a terrible which is not to help pay off the many college loans that have accumulated, but just so they do not starve or have to use their parents dwindling money to support them, but the parents as well, who’s rising cost of living and child's tuition have decimated the money they worked so hard to save up. This entails to the parents of the future generations will do not have the luxury of retirement like their parents had before them and must continue to work, or return to the workforce again if this system is not changed (Indiviglio, 2011). This in itself should put fear in the minds of parents who think they are prepared for retirement, including every single student going through
College graduates are already experiencing difficulty finding well-paying jobs and careers today. Free tuition does nothing to help grow the job market but just adds competition through degree inflation. This could cause degrees to be less meaningful and a rise in unemployment with college graduates aiming for better jobs. While we can acknowledge that these programs may be utilized in other countries with some success, many of these cultures have static labor markets, strict entrance requirements for their universities, and have other cultural limitations that prevent pursuit of degree by average or slightly above average students. A student who has only been academically focused without work experience, may not be the best candidate for a job as someone with less education and more experience. In fact, Germany, a country that offers free college based on merit, actually graduates fewer college
...middle class into almost $200,000 in debt leaving school. Only 46% of them will escape falling into poverty out of this 46% a fraction of them will be able to enter into the upper level. Only returning a small minority to the middle class. Technology is developing a pace that society can not keep up too. Soon technology and foreign working outside America will take over all of the middle class jobs. As they can do if fast and cheaper than Americans. Soon the job market will divided into two half the upper class, and the lower class. Once this happens people will be fighting over a small percent of elite jobs only the best and brightest can attain. While the rest will fall into poverty. America’s job market is taking a huge step backwards and needs to be changed before we are at a point were we have peasants and nobles again. That is the direction America is heading.
In the sense of utilitarianism this outcome would be in consideration of the greater good for the entire population. Also, by having more affordable education it would not only benefit the parents who continue to support their children, but would give those who are less fortunate an opportunity to learn and grow as an intellectual. Furthermore, it provides a higher percentage of the population a chance to obtain a higher form of education which would expand the spectrum of professions that are current. For instance, as of now only 65.9% of graduating high school students are enrolled into college the following school
Steve Cohen shows the disparity between the rising cost of college and a family’s capability to afford it. Cohen explains “Tuition has risen almost 1,200 percent in the last 35 years, and the sticker price for many four-year private colleges and out-of-state public universities exceeds $250,000.” Moreover, he goes on to say that even at public universities, it is about $80,000 for four years for tuition and other college related expenses. Later in his article, Cohen explains how this leaves middle-class families in a very uncomfortable situation. The parents or other money-making entities in the household want their student to go to college and earn a degree, but now there can be an element of stress in figuring out how the fees will be paid for. Furth...
... quickly discovering that maybe college isn’t the way. The American dream isn’t so dreamy. Student loan debts aren’t worth it when they could be better off without a college degree. The loans are destroying Americans hopes and ruining their lives. The government needs to remove it’s self from this and let the banks take over and compete with each other. It’s the only way to lower the tuition and costs of everything. The college degree is even losing its face value and hyperinflation is right around the corner. It’s time to wake up. College could be a good thing. Our government is too greedy to see it the way it needs to be handled an it is high time that anyone seeking a college degree look at College Degrees to determine if it really is worth the time and money and stop being indentured slaves paying on worthless degrees and a lifetime of paying on student loans.
Student then wouldn’t have to stress about working at the same time just to pay tuition fees. Students today over work, using the rest of their money to get energy drinks keep going from doing homework and attending college courses daily. According to the New York Times Article “College for the Masses”, studies have claimed, “Enrolling more students in community colleges may well make economic sense. So, in all likelihood, would create more and better vocational training, for well-paid jobs like medical technician and electrician, which don’t require a bachelor’s degree.” This makes students pushed harder to focus on any college that will be offer free. Thus, it wouldn’t take them longer than the average 4 years, due to them working full time as well as schooling. With fees out the way parents don’t have to worry about not making enough savings for their child to be able to attend for college. Students would be more focused on any subject in school as they strive for their
How does the rising cost of college tuition affect us? Every year thousands of students attend a college or university, usually of their choice, with the goal of achieving a higher education and to better their future. The cost of attending college is too high and it needs to go down; there needs to be more scholarship and grant opportunities. The high cost of attending college is a major reason that students aren’t able to achieve higher education; others take this as a challenge and it is motivation for them to work harder to achieve their goal. One might ask why would someone want to spend money to receive more education and miss out on more years of work that they could’ve performed? For many, it is so they can receive more salary for the jobs that they will have later in life, also so that they can get training for their wanted career. The cost of attending college is high and continues to rise without indications of decreasing. The rising cost has many benefits such as earning more pay, but it also has its disadvantages such as the debt that is accumulated from student loans. Not everyone can afford to drop down thousands of dollars and attend school for a few more years. Students who wish to receive a post-secondary education must decide whether it is the right choice for them depending on their financial standpoint, meaning that they must decide if they have the resources to further their education.
Whoever goes to college after high school are going to have a mountain of debts caused by student loans for the rest of the student’s life. College and universities are almost inaccessible to the people who want to achieve the dream job because of the high prices of college. In an article titled, “The Challenge of College Affordability: University of Alaska is a bargain in shaping the future” by Ashok K. Roy, it is stated that “The average student debt is approximately $26,600. Roughly $864 billion is out-standing in federal student loan debt while the remaining $150 billion is in private student loan debt”. People don’t have twenty-seven thousand dollars on hand to just pay for college out of pocket. Most people cannot even have breakfast, lunch and dinner, let alone spending money on college. Many students struggle with debt because of unemployment or under-employment. The same article stated, “The Center for the Study of Education Policy estimates that in 2012-13 the average tuition and fees at a four-year public universities was $8...
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
In today 's society, many young adults pay thousands of dollars to go to college to be able to get a good job in the future. However, as society continues to move forward many young adults are leaving their campuses with expensive degrees, while also still struggling to get a job. One of the things contributing to the growing risk of going to college is how increasingly expensive it is to go to school. Things like student loan debt are a major contributor to that expense. Casey Bond stated how “The growth of student loan debt is being compared to the recent housing crisis because of the significant growth of subsidized lending,” The primary goal of college used to about gaining new knowledge and becoming a better member of society. However,
In Zoe Mendelson's essay “Paying For College,” she describes a friend who is having similar difficulties. Her friends' father describes their family as “in the nether region,” where his household income is “too much to qualify for substantial financial aid but not enough to pay that amount,” (Mendelson, 131). This is often one of the main issues middle class families face. For families like my own, who make a good living on paper- things are not quite what they seem. My...
They get more benefits of having a job. During the 1970s, 72% only required a high school diploma. The only con about going to college is after everything, there will always be a debt to be payed. Student loans will be a pain. I, myself am for sure I want to attend college, even though things will be a lot tougher on me with student loans. I am not a US citizen nor do I have the legal documents to be able to easily go to college. There is another way for me to be able to pay student loans other than FAFSA, but there will be more paperwork to be done. This is why I believe this issue is a big impact on me in the 21st
My senior year of high school was one of the most exciting, yet stressful year combined. Not only did I have to worry about keeping up with my grades, but also graduating on time. As I walked into spring woods high school for the last time all these thoughts were running through my mind and I just couldn’t wait to start my senior year and what it had in stored for me.
Fees and loans are too big of a load for young people to carry. A lot of students drop out do to the pressure of having to worry about all the loans they have to pay back after they are done with college. This should not be an issue to the student. According Iatham Emmmons, “Even worse, a large portion of students never receive funding at all due to the multitude of stipulations that must be adhered to in order to qualify for assistance. A major flaw in the current federal educational assistance programs is that the students’ parents’ income is used to calculate financial need” (Emmons 3). Even citizens who try to get help by applying for funding never end up getting it because they do not meet the needs required for the funding. Education should be p...
Has there ever been a day where you just couldn’t stand coming to school? Not for me, I cannot wait until school starts Monday morning. Worland High School has to be hands down the best high school in the state. I cannot imagine going to school somewhere else. I don’t even want to go of to college because I love my high school so much. Everything about it is great. For example, the teachers are amazing and the school policies are marvelous. I couldn’t ask for a better school system. All the kids at Worland High School also love the teachers and policies. It is clear that the students live by all the rules. My favorite things about WHS is the teachers, the bathroom break policy and the orange pass policy.