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The problem of debt in education
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Recommended: The problem of debt in education
Jacob Sprick
Mrs. Lewis
ERWC Period 5
16 November 2016
A Worthwhile Investment Is college really worth the money? As the cost of college continues to rise and jobs become harder to get, this is a question students are asking. While being admitted into a good college is a great start, the student needs to be creative, talented, and most importantly motivated in order to make the cost of college worth the money. In the future, the education received from college will be very beneficial to students in many ways that will help them be more successful in the future. College is a great place to help students explore what they want to do in the future and experience new things. College allows people to undergo an atmosphere that is one step closer to the real world. According to The University of North Texas, “You’ll be able to pursue your own interest through extracurricular activities and perhaps discover a career direction that you’ve never considered.” During the completion of these explorations, some become aware of which path they should follow instantly. For others however, college may only be the beginning of their explorations. Nevertheless, these students will leave college with a positive consequence of having a stronger understanding of what they want to do in life and what type of person they are. Also, college is a great
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According to the U.S.Census Bureau, high school graduates earn, on average, $37,303 a year compared to $66,445 per year if you earn a bachelor's degree. Likewise, high school graduates earn $1.2 million in life earnings juxtaposed to $2.1 million if you earn a bachelor’s degree. These facts will give students a strong incentive to want to attend college and be more successful economically than others who are less educated. As shown, it really depends on the person to control over their education level, which will affect their amount of
Is college worth it? This is a topic that has been heavily debated for years, and years to come. The late nights, stressful debts, and long papers due- not accepted a second late; does that make up for the amazing memories, high paying jobs, and social connections? Absolutely. The experience college can give is remarkable. College is a valuable experience because individuals who attend will have a lower chance of being unemployed, will be in better health, and paying off debts will be possible!
In the past several years, there has been a growing trend in the number of college-bound individuals getting two-year degrees from community colleges or earning certification for their desired career field at vocational schools. Such schools certainly seem to have some valuable qualities: all boast of having lower costs than other colleges, of their absence of student loans, of allowing people to make more money quicker, of being narrowly focused so students don’t have to take classes they don’t need. They attempt to point out apparent weaknesses in liberal arts colleges as well, claiming that such an education is unnecessary in today’s world. However, for every reason to go to a community or two-year college, a vocational track, or an apprenticeship, there is another, stronger reason for going to a traditional, four-year college, and the liberal arts degree gained at four year colleges far outstrips the degree gained at a two year school or through a vocational track.
The argument about if college is worth it or not has been one of the biggest arguments throughout the media for decades. Students suffer a lot from the debts that they get from college and also the amount of studying that they do in college and when they graduate they ask themselves “is graduation from college really worth all the money that we paid and all the work that we have done?”
Bird, Caroline. "College is a Waste of Time and Money." The Norton Reader: An Anthology of Expository Prose. 9th ed. Ed. Linda H. Peterson et. al. New York: W.W. Norton & Company, 1996. 481-490.
Imagine telling a student who just graduated from college that you have wasted four years of hard, stressful and even worse, expensive work. Unfortunately, in this cynical society today, the world isn’t just full of competitors, but it’s full of greedy money-grabbing businesses. The worst businesses aren’t manufacturing or electric companies, but colleges and universities. In Caroline Bird’s essay “College is a Waste of Time and Money,” she examines how college has been viewed for so long as the best place to send high school grads no matter whether they actually want to go or not. She adds that students don’t realize how much college costs and are wasting their parents time and money, which is especially a horrible thing to waste. Now that the economy is better since September 11th and states have been stabilizing their budget debts, it doesn’t make sense that tuition prices higher than ever for college students.
Abel, Jaison R., and Richard Deitz. "Do The Benefits Of College Still Outweigh The Costs?." Current Issues In Economics & Finance 20.3 (2014): 1-12. Academic Search Complete. Web. 6 Mar. 2016.
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.
Right now in our society a college education is no longer an option or privilege, but rather a necessity. We are practically raised and conditioned to believe that one needs higher education in order to succeed in life. There is a saying that says "if you think education is expensive, try ignorance." But as technology is constantly advancing and computers are running almost anything, is a college education really necessary? There are people whom have never set foot in a college and are doing better than people who have their master's degree. There are views from both sides that contain a valid argument.
Elementary school, middle school, high school, college―that’s how we’re told our education careers should go. After college you go on and get a job based on the degree you received. Seems simple right? According to Erik Lowe in his Seattle Times article “Keep Washington’s College Tuition Affordable,” he informs that people in his generation are the first to be less educated than their parents, in the United States. He explains that this is due to the high cost of tuition followed by a huge amount of student loan debt. Lowe believes that there needs to be a significant change in the country’s higher education systems (in reference to the tuition costs) or the decline of college attendance will continue. There needs to be a decrease of college tuition because as it currently is, many people are unable to go to college due to the cost and if they do, they are loaded with debt and faced with the daunting task of finding a job.
With tuition rising every year, students face the challenge paying the debt achieving a college degree comes with. “Student debt surpassed credit-card debt in June 2010 for the first time in history, rising to about $830 billion — or nearly 6 percent of the nation 's annual economic output”(Clemmitt, Marcia). Not everyone has a ton of money just laying around. Being that financial trouble is the biggest problem for students, they begin to question whether college is worth it or not. In recent years, students have taken out loans to help with expenses. Most students choose to attend a community and junior college to help minimize the debt. Even after graduating with a degree, students still face the struggle of finding a job in this economic time. For higher class families this may not be a problem to them. But for the middle class and low income families, they face tougher times being that they don 't have the financial help like higher class families do. For the middle class and low income families, it makes more sense attending a community and junior college rather than a four year university.
There is a graph that was published in the article “Value of a College Degree” and it does a phenomenal job showing the difference between having a high school degree compared to having some sort of college education. Although it shows that the average person who gets a bachelors in college tends to make about 500 dollars more than someone that only has a high school diploma, it also shows that the unemployment rate for people with a bachelors degree is about half that of someone with only a high school diploma
In today 's society, there are multitudes of pressure high school students face. One of the biggest pressures put on high school students is the decision of going to college. From the moment students enter into a secondary education, they are constantly asked questions about their future plans. Teachers and parents expect students to perform their best, while giving them no chance but to look towards college. In some cases, however, college might not be the answer. Other options exist as alternate avenues after high school, however, these are not as often expressed as the idea of a four year university. Although a college education and degree is most often more impactful than a high school diploma, there is too much pressure
“What do you want to be when you grow up?” Is a question most children hear from time to time though out their childhood. Most people ponder on that question as they grow up and become adults. The question that usually comes up when thinking about what they what to be when they grow up is “Is college worth it?” Are the risk of the high loans, and the challenge of finding a job after school worth the time of the college education?
Ever since I was little I have been told to go to College. I have been told that with college I will get a really good education to make a difference, and to have a good living. What I wasn’t told throughout the years is if college is worth the cost and how much money I will need to go to college and get the education I want or need to succeed in life. Is college worth the cost? In many cases college is indeed worth the cost, but with having to take student debts out to pay it all, it is a lot of money to be taking out as a loan to have to pay for it. Most Colleges that people will decide to go to will require to have to take a loan amount of five figures or more.
Busteed, Brandon. "Is College Worth It?" Ebscohost. N.p., 27 Aug. 2013a. Web. 17 Apr. 2014. http://web.b.ebscohost.com/ehost/detail?sid=6793a182-d316-462e-9e55-116096fc68c3%40sessionmgr111&vid=14&hid=120&bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#db=buh&AN=90170277