Many people dream of having a college degree someday. However, most people are not able to accomplish that dream due to cost of tuition. A college degree can be an investment. It can give people a better life to live and a better career. Going to college can be very challenging due to harder classwork and a lot of homework. Students hardly have time to do anything outside of school because there is so much studying to do. It takes a very motivated person to achieve a college degree. Colleges these days offer many ways to afford tuition and other expenses for school. There is government funding called financial aid, although not every student is able to receive the funds. Students whose parents have higher income than most will not be able to receive financial aid funds. Financial aid is mostly given to students who are married and/or have kids. I do not agree with how the process works. It takes a teenager who has a kid without being married to be able to go to college for free. I do not think the government is fair to many people. Therefore, students who do not receive financial aid, have to have a job to pay his or her way through college. Having a job and going to college can be very difficult due to not having any time to study and do homework. …show more content…
Student loans can be a good way to pay for school. The student does not have to pay the loan off till he or she graduates and gets a job. This method can be very helpful to many students. With this method, a student does not have to have a job and he or she can have more time on homework. Student loans are probably not ideal for everyone though. It takes a long time to pay off a student loan due to how high tuition is. Tuition can cost about 10 thousand dollars or more at a community college. But, when a student moves to a university, tuition cost gets even higher. It takes years to pay off those student
Along with scholarships, fellowships, and grants, student loans are an important method of financing post-secondary education. With tuition costs rising, more students are borrowing to pay for college education today. However, not all students realize the burden of paying back their student loans. Many are defaulting.
Even though choosing to go to college is something that takes a lot of thought, there’s still the idea of how to pay for it. That topic is touched by Robin Wilson in his article, “A Lifetime Of Student Debt? Not Likely.” In his article he talks about how taking out student loans isn’t as bad as it sounds. He argues that taking out student loans is something that you won’t notice in the future, they’ll just be like other bills that need to be paid. Most people who do have student loans, are still able to live a comfortable life, not scrabbling like most would
Having the college experience is everyone’s dream, especially High School students who are ready to get out into the world and explore. College is very important for furthering someone’s career, but no one thinks about all the costs and the stress that comes along with college. Tuition fees and costs are increasing more and more each year. Now days it feels like you have to be a millionaire just to attend a good college and get a good degree in what you were attending for. There are some students that do not have a lot of money and live on very little things with their parents, but indeed are very smart and have a 4.0 GPA. Those students are the ones that are unable to attend college if they cannot afford it. College tuition is too expensive,
The documentary “The College Conspiracy Full Documentary” by SubscriptionFreeTV mentions that in America, high school students should go to work as soon as possible because entering a college is a waste of time and money. Firstly, the documentary says the bad results of going to university is that 2/3 graduates have loans to pay because of the high tuition. Nevertheless, the degree which graduates get from the college is worthless and they can hardly find a job associated with their degree. Secondly, the documentary explain the reason of the result. In the past, students are able to afford the tuition of colleges without others’ help; However, now the government provide easy loans which students can’t pay off to students without credit requirement and some students use loans to buy things which is not irrelevant to education.
In a recent U.S. Bureau of Labor Statistics, there are jobs that pay an annual salary of at least $61,000 that only needs a high school diploma (Giang). If this is how much someone could with just a high school diploma, one can earn an even high salary after obtaining a college degree. In a HuffPost Business post, they mentioned that college tuition is too high and that many students are debtors. However, there is financial aid, scholarships, and grants for students who need financial assistance (Fairchild). Financial aid, scholarships, and grants can benefit people who have the ambition to go to college. The Institute of Education Sciences has statistics that states about 85% of students receiving financial aid in 2012-2013 (Financial Aid). 85% of students receiving financial aid is a massive amount of people, whereas in 2007-2008 only 80% of students could receive financial aid. On Scholarships.com, there are over 3.7 million scholarships and grants that are worth over $19 billion (Scholarships.com). If there are over 3.7 million scholarships and grants available why not apply for one? There are all sorts of scholarships and grants from academic to athletics to creativity and some unusual ones too. For example, there is one for being left handed, assembling a prom dress or tuxedo out for duct tape for prom, and many more unique scholarships (Types of
First of all, many high school graduates cannot handle college. Isabel V. Sawhill and Stephanie Owen describe college as a place, “one can obtain a traditional four-year bachelor’s degree”. The work load outside of the classroom could be compared to working a full time job. For example, if a student is enrolled in four college courses and is in class a minimum of four hours the student should spend at least four to six hours of studying. This may be extremely agitating and stressful to a student that is not good at studying. The new college student may realize that the schoolwork is too much for him to handle and instead drop out. In Pharinet’s blog post, Is College for Everyone? He states that “…it is estimated that in the U.S., approximately 50% of students who begin college never graduate. There exist students who are not yet ready for the academic and financial challenges of college. There exist students who do not have the desire for college or learning.” This statement is important because if 50% of students that begin college never gradua...
College education goes about the way to an effective future for people who are not kidding with it. Currently, a college education has turned in the base necessity in securing a job in different companies and although some people might think college is not worth the debt, in a long run it actually is.
There are many people who also go to get private student loans. The bad thing about the regular student loans is the fact that they cannot go away. There are a lot of people who owe tens of thousands of dollars in student loans. These really restrict the amount of money that a person can pay back over the long term. If you are someone who has just graduated from college, it is important to start paying off your loans quickly.
“About forty-one percent of borrowers fall behind on their student loan payments in the first five years of payment” (nytimes.com). Statistics also show that nearly thirty percent of student loan borrowers wind up dropping out of school. These facts help show that student loans are not a reward for you but are a burden. Student loans can be avoided by obtaining as many scholarships as possible, saving for college before you get there, and working to get money to pay cash for college.
Even though that financial aid is provided to students that qualify, books, school supplies, transportation, room and board is another expensive consumption that has to be pay for. When checking whether college is going to be affordable all these factors come into play. When seeing that the total cost of college overpasses their budget, right away that decision is not made. Yes, there are loans, but loans are the aid that is avoid most of the time since being in debt is not an option for them. All this causes to decrease people’s incentives of going to college and accomplish their goals.
Scholarships, grants, loans, and work-study funds are the four main ways in which students are able to have financial aid when applying and paying for college. Loans are a form of financial aid that you are required to pay back over time, either to the government or private institution that granted it. Grants are sums of money given to students by federal governments, and do not need to be repaid. Scholarships and work-study funds are types of financial aid that do not need to be repaid, but students are required to maintain a certain grade point average and academic standing, or be employed by the university, respectively. The high cost of pursuing a higher education for many students comes with financial struggles from the past, and added
As a future freshman in college with the threat of student loans hanging over my head, I know I need to take control of my financial future now. In my financial aid letter from my accepted school, RIT, I was granted $2,800 in a work study. The risk with this is they don’t take it off my tuition directly, it gets paid to me directly. As a freshman who wants to go out with friends and eat fast food, I’ll have to learn how to budget my money so that I don’t end up needing to take out more loans because I spent all my work study money. This summer, I plan to work as much as I can in order to save up spending money for myself so that I can put all my work-study earnings towards my tuition. I know that if I already have some money, I won’t be tempted
I realize that there are youth in poverty that need the financial aid to even gain a chance to obtain higher education, yet I believe financial aid should not be a radar for pennies and dimes.But a helping hand for all who are determined to live out a high educational experience.Do you not agree that equal opportunities for education would be beneficial for businesses or even your department because an applicant is educated?Would it be right for only one of two people to be aided due to misjudgement of financial conditions? Would we even still have job opportunities in the future for those with little to no education?I am frighten that without equal
Working a limited number of hours (e.g., 9-10 hours a week) may be hard for a few student. Some students take online classes, even though he or she may be working on school work outside of school it is still possible, because you will have time to complete work that needs to be done and still attend work. Talk to your employer to see if he or she could work around your schedule to attend school and still be able to work. Even though you may not be at work your employer could make a way for you to work remotely if that’s possible you. The majority of students who work also receive financial aid to attend college. Part- time jobs can help him or her pay for summer classes if needed. Working helps you reduce the amount that you have to borrow for school pay for school.
College education essentially is the key to success in the future. It opens many doors of opportunity and allows us to explore every option available. College education can provide a student with new exciting opportunities that they would never had if they drop out of at high school. I would like to share some of the benefits that furthering your education can provide, and as well as the joy it can bring to each and every one of us.