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Importance of higher education ( essay)
Higher education importance
Costs and benefits of attending college
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Recommended: Importance of higher education ( essay)
The annual tuition fee of many top universities in the world, according to Laura Tucker s’ report on TopUniversities.com, is never less than $40,000. These universities are the dreams of many students, which include Massachusetts Institute of Technology (MIT), Stanford University, Harvard University and also Yale University. Why these dreams cost such a high price? Many people will think that the tuition fee has ruined many students’ dream in college education. It is not really true. As Professor in the Economics of Education Cecilia Elena Rouse expresses on Usnews.com, “If you listen to the pundits these days, a college degree is just not worth it. It costs too much and the payback is too little.” She adds, “But they are wrong; for most …show more content…
Knowledge is one of the most essential elements in a person’s life. Everybody pursues his or her own aspiration such as becoming a doctor, a teacher, or an engineer, etc. Apparently, college education is the best tool to follow their aspiration. Kwame Anthony Appiah, a philosopher and a cultural theorist from New York University explains on nytimes.com, “College is about building your soul as much as your skills.” Indeed, it helps students explore more things about what he or she is interested in. He also adds, “Students want to think critically about the values that guide them, and they will inevitably want to test out their ideas and ideals in the campus community.” However, to do that a college needs instructors, faculty members, spaces, classrooms, technology equipments, library and many more things. In fact, it requires lots of financial sources to achieve those qualifications. Another article on nytimes.com called “Is College Tuition Really Too High?” by economic reporter Adam Davidson has also discuss about the college finance, “Like hotels and apartment buildings, for example, colleges and universities own expensive real estate that is parceled out for use by paying customers.” And to have enough expense for such things, besides the government’s fund, each student needs to pay a particularly price. It is an obvious trade and it does worth it since it help a lot in a student’s future. Moreover, if …show more content…
The first reason is because it gives a student the knowledge. For that professional knowledge, students are able to have a better job. Consequently, the country’s future will bright up. Hence, although it is sometimes costly, college education is really worth the
College corrupts people, changes people and segregates families. Many people know the risk of pursuing a college education and still decide to move forward with their decision. We must ask ourselves if the cost is worth it.
Community colleges and vocational tracks are not wrong about the high cost of traditional higher education. According to the U.S. Department of Education’s National Center for Education Statistics, one year at a public, four-year institution costs upwards of $23,000 on average, while private institutions will cost nearly $10,000 more on average. Coupled with the fact that prices at public institutions rose 42 percent and private institutions rose 31 percent between 2001 and 2011, it’s not a shock that parents and students alike worry about paying for college. However, this won’t always be the case, as this rise in prices simply cannot continue the way it has. Eventually, people will be unable to pay the price that colleges charge. They will either settle for com...
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...
Everything revolves around money and the economy. Hunter Rawling stated, “Most everyone now evaluates college in purely economic terms, thus reducing it to a commodity like a car or a house.” (Rawling, 2015, paragraph 3) I agree with the author with this quote because I personally think that college is reducing the commodity and also bringing it back up. College is not a commodity, economic value is not all there is to college. “If we were to treat college as a commodity, and an expensive one at that, we should at least grasp the essence of its economic nature.” (Rawling, 2015, paragraph 4) I like this quote because, everyone thinks of commodity as something good. But, really in reality it is not. It makes you think twice and not want to discuss things that are important. The most important thing for
Andrew Hacker and Claudia Dreifus report in their essay “Are Colleges Worth the Price of Admission?” what is expected from universities in exchange of their high costs. Currently, the price of education has duplicated its cost in comparison to the last generation (Hacker and Dreifus 179). Making a huge investment and getting poor results are the reasons what make parents and students hesitate before choosing a college. Hacker and Dreifus emphasize that colleges that are doing well their job share factors that make worth paying high tuition fees. These factors include: close relationships between professors and students, an adequate use of technology, and access to scholarships or part time jobs to make education affordable. Considering the
Money, Money and more Money. Let’s admit, it 's all we think about and it 's also vital to our survival. When we hear the word "college" the first thing that pops into most people’s minds is money and debt. Of course college means money, but it really means money on both sides. You pay people money so you can get more money later. Sounds
Throughout the years, America has always debated whether education is needed- if it helps people succeed or not. The argument in the past was always over high school education, which is now mandatory. That decision has helped the US rise economically and industrially. Today, the US is in the middle of the same debate- this time, over college. Some, like David Leonhardt, a columnist for the business section of The New York Times, think a college education creates success in any job. Others, such as Christopher Beha, an author and assistant editor of Harper’s Magazine, believe that some college “education” (like that of for-profit schools) is a waste of time, and can even be harmful to students. Each stance on this argument has truth to it, and there is no simple answer to this rising issue in an ever changing nation full of unique people. Any final decision would affect the United States in all factions- especially economically and socially. However, despite the many arguments against college, there is overwhelming proof that college is good for all students, academically or not.
Going to college and furthering someone’s future career is a very important part of life.. Making the choice of going to college or not going to college could affect someone for the rest of their life, If a student decides to go to college after high school they will be in debt for many years after they graduate college. “Over the past decade, tuition and fees have risen much faster than inflation and outpaced the cost of housing and health care” (Blumenstyk). Blumenstyk is showing how outrageous the cost of college tuition has become. Whether it is for a University or a Community college either one. Most people spend their whole lives being in debt just because of buying a house and now they will have the burden of paying off their college tuition as well. They may keep getting a bill in the mail that most of them will hate looking at, and also putting down that much money each month for their payment. While college does create the opportunity of increased pay and better jobs, it should not mean students are required to pay all the money they earn back the college. At that point people may as well not go to a
College is one of the most fundamental institutions in our modern world. It is a place where most of our future politicians, doctors, scientists, and leaders are made. Though, it seems that the price tag that comes with a college education is something that is too hefty for some students. Countless debates go on about whether the price of college should be abolished or whether the cost still is on the students to pay for.
For the past decade, The United States has stressed the importance of college education, to those seeking employment, and better careers. For most people, college is the logical next step in education, as it provides a working knowledge of a desired field and opens the door to many opportunities, but college has become increasingly more expensive as time goes on. Many people feel that college is no longer an option financially. Even with financial aid and scholarships, the cost of a college education can still be very taxing. This is due to massive price increase across the boards, but the main issue on most people’s minds is the debt that will be acquired from higher education.
Everyone has their own reasons for wanting a college education. Popular reasons for attending college include being able to obtain a better paying job, increase future earning potential, gain training for a specific career, and learning more about a specific topic of interest. Rampell, C. (2015) My reasons are more personal than either of the reasons listed. I do not wish to miss out on significant opportunities that have the potential to enrich my life and future. If there is anything in my life that I would regret it would be not pursuing my college education. As we get older life happens and the list of things we wish we could have done gets longer. Knowing that it is never too late to accomplish my goals is strong motivation to shorten the list of should haves. Obtaining a college education is important to me because I will have a strong sense of accomplishment for setting a goal that is important to me and seeing it through to the end. I also enjoy challenges and feel inspired by the endless possibilities for my future.
A college education has become the expectation for most youth in the United States. Children need a college education to succeed in the global economy. Unfortunately for the majority of Americans the price of an education has become the equivalent to a small house. The steep tuition of a college education has made it an intimidating financial hurdle for middle class families. In 1986-1987 school year the average tuition at a private university was $20,566 (adjusted to 2011 dollars) while in 2011 the average cost was $28,500 for an increase of 38.6%. Similarly in public universities there has been an increase in tuition: in the 1986-1987 school year the average tuition at a public university was $8,454 (adjusted to 2011 dollars) while in 2011 the average cost was actually $20,770 for an increase of 145.7%. Most families who are able to save for college try to do so, therefore their children are not left with large amounts of debt due to loans. Nevertheless, families are only able to save on average around $10,000, which is not enough to pay for a full educ...
According to the Bureau of Labor Statistics, college tuition and relevant fees have increased by 893 percent (“College costs and the CPI”). 893 percent is a very daunting percentage considering that it has surpassed the rise in the costs of Medicare, food, and housing. As America is trying to pull out of a recession, many students are looking for higher education so they can attain a gratified job. However, their vision is being stained by the dreadful rise in college costs. College tuition is rising beyond inflation. Such an immense rise in tuition has many serious implications for students; for example, fewer students are attending private colleges, fewer students are staying enrolled in college, and fewer students are working in the fields in which they majored in.
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.
Over the years, society has changed. During the old times, a high school diploma was sufficient. Acquiring a high school diploma was an achievement that families used to brag about when their children received it. In Lebanon, most children used to complete school up to ninth grade where they would receive their Brevet certificate and then drop out of school believing that the Brevet certificate was enough to provide them with a job. However, nowadays the minimum requirement of any regular job such as a bank clerk or an office boy requires a college degree. In fact, with the progression of time and deterioration of the economy, the only guarantee of acquiring a job is having a Masters degree. How are students expected to obtain such a degree with such a bad economy and high college tuition fees? The American University of Beirut recently decided to raise tuition fees by six percent. The students as expected responded with a strike and boycotted their classes. A strike is necessary to demonstrate that students will not remain neutral to further tuition increases, for “education is a r...