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Cause and effect of rising college tuition
Disadvantages of tuition
Effects of rising cost of college tuition
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The Weakness that is High College Tuition Opportunity is one of those intangible things that we are constantly reminded to pursue. Perhaps it can be viewed as an actual object or a path to follow. The fact is that no one truly knows what it can be, but we can all agree that an education has led many to a successful life filled with opportunities. However a high valued education comes at a price and it’s usually a high one, but most people are willing to pay this price no matter the cost. Higher education or college, is infamously known for having these high prices, and having such prices have numerous negative effects such as driving students into dangerous profession, driving valuable students away, and negatively affecting stability of finances …show more content…
College is necessary for numerous advantage and opportunities for those who seek a higher paying profession. In addition, those who achieve a college degree are more successful than those with only a high school diploma or GED. In fact, the article “On the Importance of Education” by Richard L Wobbekind, quotes that “Today, the average college graduate earns more than twice the amount of a non-college graduate” (2), further supporting the mentioned statement, as well as the importance of lowering tuition prices because by doing so more people increase the chances of ensuring a more successful …show more content…
Some of these believes could have some valid reason behind them, such as faculty expenses among others. In the article, "A National Dialogue: The Secretary of Education’s Commission on the Future of Higher Education” by Robert Dickenson he quotes: “all the costs that any enterprise has to recruit and retain staff, pay cost-of-living increases and keep up with rising health care expenses also are paid by colleges and universities as a part of doing business” (qtd. In Dickeson 1). Meaning that colleges are truly paying for the quality of their staff, and that is completely reasonable. However some of the more affordable, lower pricing colleges or community colleges offer the same educational content for reasonable costs. Thus making the expenses of some colleges for “higher” quality staff, to some extent unnecessary since in the long run could potentially drive possible students away through higher
Introduction: In the essay America’s Most Overrated Product: The Bachelor’s Degree by Marty Nemko argues that attending college does not benefit most students. Many of us grow up believing that going to college is the best option to get good jobs, even if we did not do so well in college. In this essay, we explore statistics presented by Nemko to get a better idea if college is worth the time and money spent on the benefits of having a diploma.
Based on Three Reasons College Still Matters, there are three main reasons why a college education is so important. From an economical standpoint, an education is most of the time needed to earn enough money to live comfortably. Attending and completing college provides a possibility for future economic stability. Within a highly competitive workforce a college degree can put a foot in the door to a job of a person’s choice. Statistics show that people who obtain a bachelor’s degree or higher get paid more than those who do not obtain one. Many question the worth of a college degree because of how expensive it is, though some say that the money spent is an investment on a person’s future. One can say that the worth of a college education is within the eye of the beholder. Many q...
College is the place where people go to retain the necessary training for a job that requires specific skills, which results in earning a higher pay check. In today’s world, employers are scouting out for individuals with the proper dexterities to fill the shoes for that specific job. Blanche D. Blank, the author of “A Question of Degree," argues that possessing a degree of higher education isn’t the only way to have a very successful life. This statement is highly argumentative, due to the fact that college graduates still out-earn people without degrees. Obtaining a college degree is one of the best things someone can do for themselves, when it comes to looking for a stable job. There is also so much more to college than just receiving a
As Menand argues his three theories of college, his third theory states that college is required in order to achieve a high paying job (Menand). Indeed, As you graduate from college, the assurance of acquiring a high paying job in the future increases. According to Stephanie Owen and Isabel Sawhill’s article, “Should Everyone Go To College?”, the gap within annual earnings between high school graduates and bachelor’s degree holders when it comes to working is $15,000. Hamilton’s Project research shows that people ranging from 23 to 25 year old with bachelor’s degrees acquire more money around $12,000 more than high school graduates but by age 50, the gap has grown to $46,500. From the statement, Menand’s third theory, college is required in order to achieve a high paying job, shows that college education can increase your chances of acquiring a high paying job. With Menand’s third theory and his wide stance to why we have college, Menand creates openings in his argument, leaving opposing arguments. One must take into account as well certain factors such as the cost of college that make college a choice in life rather than a requirement. Tuitions are increasing at a rapid rate compared to incomes of families in our society, which results to risks that could create risks towards the students and the whole system itself, further hindering learning progress
A high school education is no longer sufficient to succeed in America’s increasingly complex economy. However, because of the high price point of a college education, far too many Americans are unable to afford education beyond high school. As shown in the graph below, the higher level of education received greatly increases the chances for employment and also dramatically increases the average salary potential of an individual.
The critical challenge within in today’s society is that college tuition should be free or if not free, more affordable for all students. Certainly, higher education should not be considered a luxury where only the wealthy could afford, but an opportunity for all caste systems. It must be an accessible and affordable opportunity for all students in order for them to invest in their education. Higher education is important because it provides more careers to choose from than the careers offered without having a college degree. Ultimately, the issue here is whether it is right to make college tuition more affordable for the students.
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...
First, college degree graduates have better opportunities in finding a high wage job. “Graduates enjoy increased opportunities for employment at higher rates of pay, providing them with the wherewithal to pay off debt, if they are wise stewards of that debt.” (Smith, 29) People with college degrees have higher chances of being successful in the future because employers would rather employ those who holds a college degree. However, although there are some people who did not attend college find jobs that can help satisfy and support their lives, they cannot compare the earnings of college graduates who holds a degree. My cousin, holding a Bachelor’s degree of Business Management, graduated 5 years ago from College. At first, College education can guarantee the success of her goals, but because of her persistence, she is now a successful businesswoman. She has now a full-time job that can support her family and has already built her own home. With this means, having a college degree helps a person not only achieve their own goals but also being independent. “Realistically, having a college degree will likely mean a com...
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.
Attending college has changed quite a lot throughout the years. When it first arose, it was only accessible to the wealthy, and it was unheard of for everyone else. Only a few decades ago a bachelor degree could almost guarantee a comfortable job, and it was another advantage to any resume. In our current times, many students struggle and are unable to go to college due to the rising price tag that is not showing any signs of slowing down. A college degree is what most employers look for now-a-days, making it more essential than ever before. Unfortunately, it is becoming increasingly difficult to attain one. College tuition and fees should be lowered because 1) student loan debt is crippling for college graduates, 2) lower tuition will increase the accessibility of education, and 3) regulated tuition would lead to a
For many, a college education is the stepping stone to a better paying job which in turn provides economic freedom and greater personal satisfaction in their career. There is no question that a college education results in higher pay. Research is quite clear finding that “Millennial college graduates ages 25 to 31 who are working full time earn
With the rapid growth of college tuition, it has become an important issue in higher education. College Tuition is simply defined as the charge or fee for instruction, at a private school or a college or a university. Most people agree today that college tuition is too high or that it needs to be completely dismissed. There are some however, that may disagree with the claim about college tuition and state that college tuition is necessary for college growth, and it’s primary purpose is to pay for college expenses to support the institution financially. Research shows that college tuition is too high and that debt has become a standard in America after attending post-secondary school.
So, many people think college is a requirement. After all, college is known to make your life easier and more successful. According to "Benefits of Earning a College Degree", "Studies show that college graduates earn significantly more money throughout their lifetime than those with only a high school education."(6) Even though high school graduates earn money, college graduates will still be earning more. Another benefit that college
By attending college, students guarantees themselves a better job that the average Joe. Because the world is changing rapidly, and many jobs rely on new technology, more jobs require education beyond high school. With a college education, an individual will have more jobs from which to choose. In addition to obtaining a better job, people who go to college usually earn more money than those who do not. College furnishes you with proper credentials and documents to land high-level jobs. Figures from an A&E television program on ‘The Working Class’ show that in 2004 the average earnings were $23,895 for a high school graduate and $41,478 for individuals with a bachelor’s degree. Getting a college education is simply a stepping stone in ensuring yourself with a good start in life. Some may agree that college students are open minded and knows exactly how to expre...
As faced to generations of the past, high school graduates are unable to obtain the number of high-paying jobs that were once available. In Weiner article that Obama has said that “Higher education is not a luxury. Earning a post-secondary degree or credential is a prerequisite for 21st-century jobs, and one that everyone should be able to afford.” However, they believe that taking a college degree is not a waste of time and money. Everyone should earn an education. Leonhardt states, “The returns from a degree have soared. Three decades ago, full-time workers with a bachelor degree made 40 percent more than those with only a high school diploma. Last year, the gap reached 83 percent. College graduates, though hardly immune from the downturn, are also far less likely to be unemployed than non-graduates.” (2). However, Leonhardt showed that a diploma is a reasonable investment that increases in value and has other benefits. But, in Bird article says, “The big advantages of getting your college money in cash row is that you can invest it in something that has a higher return than a diploma.” It shows that Bird does not agree to take a college degree because it is a waste of time, and should spend the funds on anything else, not for