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Comparing and contrasting high school and college
Comparing and contrasting high school and college
Compare college and high school
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In this day in age many people argue that a traditional college education is not worth the time and money it requires. According to The Project On Student Debt, 71% of college graduates where in debt with an average debt of $29,400 per borrower. Despite this massive debt, a college education is an opportunity that everyone should take advantage of if they have the chance because you receive higher pay, lower unemployment rates, and more job choices.
$26,038. This is how much more money you will make on average with a bachelors degree compared to only having a high school education. This alone should convince anyone with common sense that college has an obvious monetary value, but not everyone. Some people like Christen Kauffman a Teacher in Lake Wales who has a combined total of $330,000 in student debt with her husband
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You may think that you are going to be just like them with your ingenious idea, sorry to break this to you, but the chances are that this is most likely not going to happen. This is where college comes in, with a college degree you can be anything you from a social worker to even fulfilling your childhood dream of becoming an astronaut, with a bachelors in engineering of course. You see with a college education you are able to choose what YOU want to do with your life and not having to take the night shift at a fast food place because you decided to dropout of high school. Now some people might argue that college in not necessary to choose your dream job and that can be true in some cases, for example actors usually don't need a college degree to be successful, but other than that your jobs are very limited to the retail sector and other types of jobs that usually don’t require higher than a high school diploma. As you can see with a college degree your job opportunities are much larger, better, and most likely better for
Everyone knows that going to college and getting a degree is the most effective and guaranteed route to ensure a prosperous financial future, right? College is considered by most to be the best investment you can make in life, but what happens when that investment leaves you drowning in thousands of dollars in debt right after graduation day. This is the situation that millions of college graduates are faced with in 2016. Rising college tuition perpetuates student debt and is on a sharp incline and it seems to have no ambition of ever slowing down. The effect of this catastrophe is felt by millions of families across the country who now question, “is college really worth it?”
When coming to college your whole money situation changes, suddenly you're bombarded with housing costs and student loans that you have to pay back or you will spiral into debt. Your whole life changes you don't have your parents paying for your voluptuous wants and needs, you’re on your own. The move from high school understudy to college undergrad is a standout amongst the most upsetting and essential times in an adolescent's life. Not only is your day to day life going to change but your spending habits have to change. The school years are a period where a high school student leaves their support team behind,
The debt associated with higher education is one of the biggest factors of deterrence for most people who are interested in college, and it is not at all surprising. 71 % of college seniors who graduated last year had student loan debt, and the average debt for a college student with a four-year degree is $29,400.This number has gone up an average of 6 % each year. Keep in mind that this is just the average debt, and there are students who are in debt upwards of $30,000 dollars (projectonstudentdebt.org). Now in order to understand why the debt is so high it is best to break down the different costs of higher education. The first and most important of which is tuition.
and tuition plays a major role in students’ decision for attending college. Students according to a 2008 national survey of roughly 1800 students who qualified to attend college 1000 students of those 1800 did not attend college at all. The main reason claimed by 80 percent of the “non-college-goers” was due to lack of money, more especially not enough grant aid. Although a student was well qualified to attend college having no financial aid made their choice to attend impossible. On the other hand, students who couldn’t receive enough grant aid sought other alternatives to go into college like getting loans. Depending on the amount of years one chooses to attend college it can rack up to an unbelievable amount. According to Edvisors, a financial aid website, “The class of 2015 graduated with $35,051 in student debt on average.” Imagine that! It’s no wonder that the students who didn’t receive enough grant aid chose not to attend college. It was because they did not want to accumulate a debt that in most cases they would have to pay throughout their lives, claiming that tuition cost is too much for
Is it all worth it? According to the US Bureau of Labor Statistics, an employee with a college degree will earn about $457 more per week which calculates out to about $1 million over the span of one’s career. It is definitely worth pursuing a degree to be competitive in today’s job market. One of the best ways to eliminate some of the debt is to apply to apply for as many grants and scholarships that are available to assist with reducing your cost for college.
Most people today accept the debt that comes from college. Students consider student loan debt as a “good debt.” They see other students make this mistake but follow their path anyway. Nearly 80% of college-bound students have not projected the total amount of money they will need to graduate college.
Should student debt be forgiven? This question has been asked more and more throughout the years. There have been plans created to forgive student debt, and it has even been written about in popular magazines. For instance, a proposal has been made by Appleman to why student debts should be forgiven. In the short essay, “Is Forgiving Student Loan Debt a Good Idea?” by Kayla Webley, she illustrates that student debt is a problem, despite the political and economic flaws in Applebaum’s proposal.
When it comes to achieving success in the working industry and accomplishing a successful career an education is important. Getting a degree is essential to be successful. The issue is the higher the education the person wants the higher the cost is. Nowadays, not everyone can afford paying out of pocket for an education, which mean that students are forced to take out large amount of student loans to achieve that degree. Student debt is an ongoing problem, students are gaining oversized debts that most of the time if not ALL are defaulting and jeopardizing future credits. How much debt it too much debt? Everyone should have the liberty to
I’ve routinely seen estimates that two-thirds of students take out loans for college. The New York Times, however, conducted an analysis that concluded that 94% of students who earn a bachelor’s degree borrow. That’s up from just 45% in 1993.Only 7% of students at public colleges and universities graduate without borrowing while only 5% of grads at private schools can pull off this feat. The average debt is $23,300, but 10% of students borrow more than $54,000 and 3% borrow more than $100,000” (O'Shaughnessy 1). This number is increasingly high compared to what many people think. People do not realize how much money is actually borrowed in order to complete
Throughout adolescence, there is a constant reminder of how important a college education is if one wants to be successful in life. Unfortunately, after generations of working hard and developing massive amounts of student debt, people begin to question the quality of a degree. The significance of college degrees gets muddled underneath the amount of stress student debt puts on people while they are pursuing individual dreams. In some cases, because of the amount of debt that has accumulated, people are never able to improve their lives after working hard through school. In this study, the effects of rising tuition are looked at through the perspectives of five individuals. There are many different types of people that are affected by the
The average debt being $21,326 for a bachelor’s degree may sound like a hefty amount. Nonetheless, the gap of $18,500 between a high school diploma and a four-year degree shows the value of higher education. In all honesty, this is not taking into effect the differences of vertical movement over the years. Consequently, the difference of the potential earnings in the long term will become even greater between the two.
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...
When starting college every student must make a very important decision. Whether if they want to get financial aid or to pay the money up front. Having college debt will not only ruin their credit, but he or she may also have to pay off their tuition for the rest of their life. Research says, “According to the College Board, which tracks students’ financing of higher education, undergraduate students in 2013 through 2014 borrowed in the aggregate nearly $63 billion and received $33.7 billion in Pell grants.” By this quote from “Debt, Merit, and Equity in Higher Education Access” it clearly shows the effects College Debt has on their society, but also on their educational future. Every paycheck they receive, a small portion goes toward paying
College debt is a universally known issue that remains one of society’s largest burdens today. Over the past ten years, high school students and graduates realized that they must seek a higher education in order to find a job that keeps food on the table. Attending a college or university is practically required in order to succeed in life today. Millions of people seek a higher education to pursue a degree, graduate, and acquire a quality job that supports their everyday needs. It often means a lot of money to pursue and earn a degree nowadays. What they don’t realize, is that paying their tuition and housing deposits is essentially signing a contract, costing them thousands of dollars in the near future and leading them down the dark path
Those who think a college education is not worth it believe that college can become a setback in life due to the thousands of dollars that college students are spending on tuition and books. Students who attend college will not have the money to purchase a home, spend money on family, vacations, or any other costly items and bills. On the other hand, most college students end up paying for their college loans all of their life or go into debt. They will never have money to rely on since their credit cards will be racking up interest for college loans that need to be paid off. As stated by Paul Taylor in Michelle Adam’s report, the cost of a college education has been at a record level and the cost of tuition and fees has more than tripled which is causing a rise in student debt (58). With rising prices, the economy is making it more difficult for people to afford a college education.