“Education is the key to unlocking the world, a passport to freedom” (Oprah Winfrey). From the time we start school, it is the expectation that we learn the material put in front of us and succeed well enough to move forward towards adulthood and proceed on to post-secondary education. Although many of us succeed this expectation, once post-secondary is the next step in life, there is a huge barrier that can stand in the way. Tuition fees have raised significantly over the years, and although there are many qualified students, many are unable to attend due to financial need. Tuition fees should be decreased because post-secondary is essential to strive in the economy, our financial aid system is ineffective, and high tuition fees creates barriers. …show more content…
For this reason, all students are eligible to apply to student loan programs, which although popular, is an ineffective system. Through these programs, the high end of the middle class will likely get very little, if any loans, even though they might not be able to afford such expenses out of pocket. Middle class families will be expected to pay for a large portion of the schooling on their own, when that may not be attainable. This often prevents students from attending their desired institution, or any institution at all. These programs also fail to consider that students may not have a good relationship with their parents or guardians. These programs assume that high income families will support students to a high degree, so that is reflected in the loans and grants they are given. However, the family may not be supportive or may have the expectation that the student pays for their education on their own. If a student receives little financial support and are not supported by their parents, working towards a post-secondary diploma would be very difficult, therefore many students decide to not attend. The biggest problem with these programs is the amount of debt that students have once they earn their diploma. Although the loans that are given out can be large enough to support a student through school, this puts a huge burden on students who are forced to start paying these loans back shortly after graduation, with the expectation that they will be employed and making enough money for this to be financially attainable. While paying back these loans students also must consider that the longer they take to pay off their loans, the more interest will be added on. If a student doesn’t get a job right out of post-secondary, which is very difficult to do, the initial debt along with the interest added, can put students into more debt that is nearly
In recent discussions of university tuition cost, a controversial issue has been whether post-secondary education should be free or still pertain high costs. My own view is that universities should not consider complementary education because of opportunity costs, unnecessary amount of graduates, and the possibility of the purpose and quality of education being altered. And isn’t government spending of education ignoring the holistic view of other vital crisis such as the immense $18 trillion national debt? By reserving the costs of tuition we will be able to maintain greater advancements to our nation.
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.
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.
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
As stated earlier, the cost of college is too high and it needs to be reduced to a more reasonable amount. It is expected that young adults in this day in age would want to go to college or another post-secondary education school to receive higher learning and to somewhat better their lives. While this is true ...
Attending college has changed quite a lot throughout the years. When it first arose, it was only accessible to the wealthy, and it was unheard of for everyone else. Only a few decades ago a bachelor degree could almost guarantee a comfortable job, and it was another advantage to any resume. In our current times, many students struggle and are unable to go to college due to the rising price tag that is not showing any signs of slowing down. A college degree is what most employers look for now-a-days, making it more essential than ever before. Unfortunately, it is becoming increasingly difficult to attain one. College tuition and fees should be lowered because 1) student loan debt is crippling for college graduates, 2) lower tuition will increase the accessibility of education, and 3) regulated tuition would lead to a
It is a norm and expectation in society today for students to pursue higher education after graduating from high school. College tuition is on the rise, and a lot of students have difficulty paying for their tuitions. To pay for their tuitions, most students have to take out loans and at the end of four years, those students end up in debt. Student loan debts are at an all time high with so many people graduating from college, and having difficulties finding jobs in their career fields, so they have difficulties paying off their student loans and, they also don’t have a full understanding of the term of the loans and their options if they are unable to repay.
The problem with these programs, however, is that they are hard to get into and stick with. Some of these programs that are options for students may require that student to move to another city or even another country. This option would work well for someone who is able to move, but what about someone who cannot leave where they currently live? These graduates may not want to leave because of family, for example. Another problem with these programs is that the student with loan debt must fully complete the program....
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.
Over the last few decades, college tuitions and fees have increased by over one thousand percent, surpassing every category associated with the cost of living including food and medical. This unprecedented rise in cost has resulted in an avalanche of issues for young and middle-age adults. As, a result of steep student loan amounts, graduates are being forced to move back with their parents, fewer young people are becoming homeowners, they are delaying retirement saving, and are dropping out of college at an alarming rate of nearly fifty percent. With all the controversy surrounding the topic of increasing college cost, the revised income-driven repayment program has been created to help borrowers pay back student loans according to their income.
For most young Americans, college has always been preached to them as being a vital part to their success in the adult world; but as they reach this educative rite of passage many find they must take out inflated loans, work part time jobs, or even become dissuaded entirely due to the exorbitant costs of higher education. We must forsake this current antiquated system in favor of government subsidized tuition. Therefore, college education must be free because of its benefit to the economy, creation of equal opportunity, and the resolution of the student loan crisis.
Fees and loans are too big of a load for young people to carry. A lot of students drop out do to the pressure of having to worry about all the loans they have to pay back after they are done with college. This should not be an issue to the student. According Iatham Emmmons, “Even worse, a large portion of students never receive funding at all due to the multitude of stipulations that must be adhered to in order to qualify for assistance. A major flaw in the current federal educational assistance programs is that the students’ parents’ income is used to calculate financial need” (Emmons 3). Even citizens who try to get help by applying for funding never end up getting it because they do not meet the needs required for the funding. Education should be p...
A college education is an essential key to be successful out in the real world. With knowledge of this, a college education should be provided for all Americans that qualify for college admissions. After all, there are more benefits that would occur from having a college education provided to those who meet college admission requirements, such like students graduating debt free, educating the next generation, and our entire economy and our workforce seeing a significant increase respectively. In most instances around the nation, it is tragically seen that promising prospect students will tend to either decide to take out loans to pay for their tuition costs, drop out of college because they can no longer pay for their tuition, weaker employment