Getting in Debt for Higher Education

1089 Words3 Pages

Help Education

Education helps a person to lead a successful life. Probably the most obvious reason education is important is to acquire the subject matter and basic knowledge needed to get by in everyday life. Whatever developments have been made till now is all with the help of education. So, is it wastage to separate extra budget for the Department of Education and Department of Science?

Higher education in United States is not cheap. It has been found that the college tuition is increasing each year. According to the College Board, the average cost of fees and tuition from 2012 to 2013 school years was $29,056 at private colleges, $8,655 for state residents at public colleges, and $21,706 for out-of-state residents attending public universities. Many students struggle to pay college tuitions. They do part-time works to save money for their colleges. According to a survey, nearly 4 out of 5 college students are working part-time while studying for their degrees, averaging 19 hours a week, but just 18 percent pay their way through school. Work is also one of the main reasons many students get bad GPA; many students cannot focus on both study and job and end up dropping out. In 2000, 38 percent of Americans age 25 to 34 had a degree from a community college or a four-year institution, putting the nation in fourth place among its peers in the O.E.C.D. By 2011, the graduation rate had inched up to 43 percent, but the nation’s ranking had slipped to 11th place (Wise, "What Is College For?").

According to a new study from Harvard University, the high cost of college is one of the reasons that students in America to drop out before receiving their degree at higher rates than in other different developed countries. Only 56 percent ...

... middle of paper ...

...e of tuitions, there will be great benefits to America. If done so, jobs will be created, conflicts will be decreased, and America can still make world domination with high literacy rate and happy citizens.

Work Cited:

Brock, Thomas. “Young Adults and Higher Education: Barriers and Breakthroughs to Success” The Future of Children 20.1 (2010): 9-132. JSTOR. Web. 6 Oct. 201.

Hutchins, Robert M. “Why Go To College?” Saturday Evening Post 210.30 (1938): 16-74. JSTOR. Web. 5 Nov. 2013.

Waldron, T. (2012, 03 28). thinkprogress. Retrieved from thinkprogress: http://thinkprogress.org/education/2012/03/28/453632/half-college-students-drop-out/

wikipedia. (2007, 05 07). Retrieved from wikipedia:

http://en.wikipedia.org/wiki/Free_education

The Economist. (2013, 11 07). Retrieved from youtube: https://www.youtube.com/watch?v=YJctaZOWprM

Open Document