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High cost of higher education
High cost of higher education
The true cost of higher education
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In Paying the Price, author Sara Goldrick- Rab discusses in chapter two the realization of costs and prices of a college education, It discusses the discounts as well in public colleges using the financial aid system. “Going to college and then discover that it ends up costing a lot more than you thought” (Goldrick-Rab, 2016 p.45). It was shocking to see how financial aid system works for others. In her study, one of her students who is over 18 and under 24 still considered to be a dependent under parents income, even if they do not live in same household. I think if the student no longer lives with their parents then that should not apply to that individual. Some standard rules are not equal or fair because it doesn’t take into account
There are times in life when the intangible and abstract become as concrete as the ground we stand upon. This is the way I felt after reading Susan Perabo’s “The Payoff”. What particularly holds the most significance is the ending of the story. When a young girl peers past an elderly woman’s earthly armor. Through looking beyond, the armor which had been bolstered by the heartbreaking lose of the love of her life.
According to a 1997 report of the National Coalition for the Homeless, “nearly one-fifth of all homeless people are employed in full or part-time jobs”. In the book Nickel and Dimed, On Not Getting by in America, by Barbara Ehrenreich, the author goes undercover in order to investigate and experience first-hand how life is for America’s “working poor”. The “working poor” are defined as individuals who have a full-time job, sometimes more than one, but still cannot afford the basics of shelter, food and adequate healthcare. As one can imagine, this led to many public health concerns. In each of the three locations visited, Ehrenreich realizes that for many, “getting by” in America can sometimes be a daunting task.
Lankford, Ronald D. "Chapters 2 and 3." The Rising Cost of College. Detroit: Greenhaven, 2009. N. pag. Print.
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...
In order to maintain a normal lifestyle, single mothers have to shoulder a lot of responsibilities- running errands and spending time with their kids, besides having to work for long durations at office. Statistically speaking, almost 38 out of every 100 single moms lie below the poverty level, which can be obviated if they possess a bachelor’s degree. For receiving proper education, women like these need financial aids to support themselves through undergraduate school. Thus, keeping in mind such conditions, certain college scholarships have been proposed to financially assist single mothers.
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 most families with teenagers applying for colleges there is one main question―what will it cost us? According to The College Board, the average cost of tuition and fees for the 2013–2014 school year was $30,094 at private colleges, $8,893 for state residents at public colleges, and $22,203 for out-of-state residents attending public universities. Although these numbers are averages, the actual costs of colleges are widely varied. A sad truth about this is that many students and their families don’t even know where all their money is going. Normally the money is paying for tuition; fees; housing and meals; books and school supplies; and personal and transportation expenses. As showed in the average cost of college, usually a school has a lower tuition for in-state residents and a vastly higher tuition for ou...
In today’s society, the cost to attend college to earn a degree continues to increase, which results in an increase of students needing financial aid. A determining factor of how much a student receives is dictated by the Earned Family Contribution (EFC). The EFC is mandated by Congress as a part of the required Free Application for Federal Student Aid (FAFSA) that every student must fill out in order to apply to college. Steve Cohen, an Op-Ed Contributor to the New York Times and author of “A Quick Way to Cut College Costs” believes that the EFC is flawed in that it does not accurately depict how much a family can contribute to the cost of a student’s education. Cohen’s solution is for Congress and the President to drastically cut the EFC to realistically reflect on the unequal rising of college tuition and average household income. Cohen is very effective in utilizing his research to appeal to readers. The statistics and figures he utilizes make it easier to understand his point.
The federal government should change its financial aid policies to take several more factors, such as the percentage of educational expenses paid by the student, into account. Under the current system, all students applying for federal aid file a form called the Free Application for Federal Student Aid (FAFSA). This form is meant to figure out the amount of money a family is able to shell out for an education, or the Expected Family Contribution (EFC). Assuming the student does not qualify for independent status, both the expected contributions from the student and the parents are included in the EFC. In order for a student to get independent status, you have to be married or over the age of twenty-four.
Higher education costs have been increasing at a rapid pace, faster than inflation for the economy as a whole, for the past fifty years. It started in the 1960’s when the federal government passed the Higher Education Act to increase the amount of people able to afford and attend college. Regardless of the Unites States Government efforts to increase the affordability of college, federal aid programs have not risen to expectations due to the ever-increasing college prices. To lower the price of college, the government needs to cut back on student financial spending to go only to the lowest income families and create tax incentives for families to start saving up on their own.
“In America a four-year college degree can cost as much as a house” says Jennifer Ludden in her essay, Going to College May Cost You, But so Will Skipping It. (Ludden). After hearing this statistic the first thought might be how does a degree cost so much? However the true question is why can a degree cost that much? Because the American society has put so much value in a college degree the Federal government and Education Center are able to exploit this mindset and drive up the prices for a commodity society has determined is fundamental.
Increasing college costs has proven to be a major issue for those who pursue higher learning. With institutions raising tuition and fees, students are forced to make life-altering sacrifices to repay soaring student loans. We have come to a pivotal place in history, where individuals have no choice but to minimize or delay important life decision’s such as moving home with their parents to save money, becoming home owners, retirement saving and forfeiting higher education. The impact of increasing college costs has become so severe that it is at the forefront of politicians, political agenda, inducing conversation and policies like the revised income-driven repayment program. The program proposed to help combat the effects of massive student loans.
Then, when I dared to say that I was going to a community college, I could practically taste the judgement. Even though the current average up-front cost of a four-year university, according to Stephanie Owen and Isabel Sawhill in “Should Everyone Go to College?” is $102,000, I was expected to rattle off the name of some
As a high school student, one can only think about their dream university - the one that would lead to the perfect job and the perfect life. Would it be Duke, UCLA, or even Harvard? From raising their child to applying to colleges to acceptance letters coming in the mail, parents are always thinking about how they are going to pay for their child 's education. The U.S. Government passed the No Child Left Behind Act of 2001 which allows the unfortunate and affluent students to attend school up until high school free of charge. However, as you proceed in your education, it starts to get expensive. A child who attends a prestigious college such as Duke or UCLA has to pay around $40,000...
Many significant questions regarding higher education are in relation to its cost, raising fears that higher education has become unaffordable. Education fee for universities and colleges has continuously grown to become one of the largest expense for most students and parents over the years, especially with the never-ending dramatic tuition fee increases resulting from public funding cuts for education by the federal and state governments. Selingo (para 3) reported that higher education cost definitely has a direct impact on access, thus, the frequent increases in cost are logically of great concern to many, including parents, students, and education policymakers. In other words, this has disadvantaged the poor families, resulting in unequal education opportunities for Americans and putting attainment of higher education in danger of becoming a hereditary privilege rather than a right for all people (Selingo para 6).