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College is a black hole, it ingests hundreds of thousands of dollars, hours of life, and dreams, then spits out a small scared and inexperienced human. It does this by having ridiculously high costs, wasting time and money, and by way of the large investment, killing the dreams of countless youth. This Human will walk into college debt free, and then step out on average with “$25,250” (Student Debt) worth of debt. To put college debt into perspective he could buy a 2013 Chevrolet Spark for a mere “$13,785” (2012 Chevrolet). So he will have the debt of someone who bought two new cars even before he has a professional career. Although for the more impoverished or people perusing a masters or doctorate in the United States this number would be significantly higher due to the costs of college being upwards of $20,000 a year. He will also labor for countless hours over courses that have no application in his chosen major, like Math requirements for an English major, or a literature class for an engineer. Or less obvious classes like algebra which “Georgetown Center on Education and the Workforce forecasts that in the decade ahead a mere 5 percent of entry-level workers will need to be proficient in algebra or above.” (Hacker, Andrew). these pointless classes are an expensive tradition forced upon students for no real reason beside to give them a “well rounded” education. This might have been the point of college in the 1950s but is now just another roadblock to a well-paying career which is the number one reason why students go to college no citation needed. Some people will remind him that if his dream major is not a fiscally responsible thing to study like Philosophy, Literature, or Education he will fall into a pit of indebted po... ... middle of paper ... ...Algebra Necessary?" Nytimes,com. New York Times, 28 July 2012. Web. 10 Dec. 2013. . McGuinness, William. "Half Of Recent College Grads Work Jobs That Don't Require A Degree: Report." The Huffington Post. TheHuffingtonPost.com, 29 Jan. 2013. Web. 11 Dec. 2013. . "Student Debt and the Class of 2010." Http://projectonstudentdebt.org/. The Project on Student Debt, Nov. 2011. Web. 9 Dec. 2013. . Williams, Jeffrey J. "Debt Education: Bad for the Young, Bad for America | Dissent Magazine." Dissent Magazine. Http://www.dissentmagazine.org/, 2006. Web. 10 Dec. 2013. .
Martin and Lehren’s article “A Generation Hounded by the Soaring Cost of College” addresses the issue faced by current and former college students dealing with large amounts of debt due to student loans. The article presents the reader with stories of former college students who have either graduated or dropped out, and their struggle to pay off their student loans. The article also talks about issues such as students not being informed about high amounts of student loans and why student debts have increased. Martin and Lehren also make the issue of student debt more intimidating by giving examples of high amounts of student loans students have had. The article gives a very hard reality check to anyone reading as to how bad the problem of student debt is.
Students are constantly spending money over the course of four years or longer, on so many things from tuition, to dorm rooms, textbooks, and the basic needs like food and water. Many college students are coming straight out of high school. Some of them had jobs, and others did not. If I knew that I had to spend so much money, on everything, right away. I would’ve started working when I was five. Fortunately, I have parents who pay for my tuition, and help me pay for textbooks, and other things I need. But some people don’t have parents who can support their college education, or if they have paid, the cost might build up, and they can no longer afford to pay for school. So they have to withdraw or dropout. This also goes with a small part as to why I believe that college dropout rates are high, like I said, it gets too expensive for people that they can no longer attend college, without going into major debt. Gutting also talks about how, college students get these unrealistic ideas of what college life is from movies, and television shows, making it look like a dream place to go. Don’t get me wrong college can be an amazing time and place to experience new things, but the over exaggeration from the movies and
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
Smith, Craig. “Student Debt State Policies Leave Families with Few Good Options.” Education Digest 79.7 (2014): 42. MasterFILE Premier. Web. 15 Apr. 2014.
Having the college experience is everyone’s dream, especially High School students who are ready to get out into the world and explore. College is very important for furthering someone’s career, but no one thinks about all the costs and the stress that comes along with college. Tuition fees and costs are increasing more and more each year. Now days it feels like you have to be a millionaire just to attend a good college and get a good degree in what you were attending for. There are some students that do not have a lot of money and live on very little things with their parents, but indeed are very smart and have a 4.0 GPA. Those students are the ones that are unable to attend college if they cannot afford it. College tuition is too expensive,
...hew , and Debbie Cochrane. "Student Debt and the Class of 2012." Institute For College Access and Success. December (2013 ): n. page. Web. 12 Dec. 2013.
The debt associated with higher education is one of the biggest factors of deterrence for most people who are interested in college, and it is not at all surprising. 71 % of college seniors who graduated last year had student loan debt, and the average debt for a college student with a four-year degree is $29,400.This number has gone up an average of 6 % each year. Keep in mind that this is just the average debt, and there are students who are in debt upwards of $30,000 dollars (projectonstudentdebt.org). Now in order to understand why the debt is so high it is best to break down the different costs of higher education. The first and most important of which is tuition.
“New Data Confirm Troubling Student Loan Default Problems.” Project on Student Debt: Home. N.p., n.d. Web. 29 Oct. 2013. .
First of all, many high school graduates cannot handle college. Isabel V. Sawhill and Stephanie Owen describe college as a place, “one can obtain a traditional four-year bachelor’s degree”. The work load outside of the classroom could be compared to working a full time job. For example, if a student is enrolled in four college courses and is in class a minimum of four hours the student should spend at least four to six hours of studying. This may be extremely agitating and stressful to a student that is not good at studying. The new college student may realize that the schoolwork is too much for him to handle and instead drop out. In Pharinet’s blog post, Is College for Everyone? He states that “…it is estimated that in the U.S., approximately 50% of students who begin college never graduate. There exist students who are not yet ready for the academic and financial challenges of college. There exist students who do not have the desire for college or learning.” This statement is important because if 50% of students that begin college never gradua...
Denhart, Chris. “How the $1.2 Trillion College Debt Crisis is Crippling Students, Parents, and the Economy.” Forbes. 7 Aug. 2013. Web. 13 Mar. 2015.
The student loan "debt has passed $1 trillion... Nearly 20 percent are in default on their student loans" in the United States. Many schools and jobs encourage students to further on their educations but how could students keep up with the total cost of college? Ironically, a strong educated workforce is what will help maintain America in shape but college prices have been going nowhere but up. This can create a strong effect on many of the younger students thinking about attending college, "today 's teenagers might be experiencing more and more "financial anxiety" and aversion to debt than previous generations."(Jake
In the 21st century, technology has been constantly advancing and computers are running almost anything. There has been an increase in new and changing technology which leads to many job openings. In the article “Choosing Not to go to College”, Rubiner says, “...computer programmers and web page designers...don 't require a bachelor’s degree.” There are tons of different jobs opportunities out there that even a person with the lowest education level can find one. For example, there are plumbers, custodians, and air traffic controller that need just a GED. These few examples prove that one does not need the degree. The author of “But What if I Don’t want to go to College?” Harlow G. Unger states that, “28% of workers without a four-year degree earn more than the average worker with a bachelor’s degree.” Thus, proving that even if a student wishes to not go to college, they will still have the opportunities to become
There is a thin line of people who should and should not attend college. That is a huge decision that could either be the best decision they have ever made or it could be a costly mistake causing thousands of dollars of debt to pile up. There are reasons such as costly tuitions, unnecessary fees, no guarantee of a career, piling of debt, and questionable educational quality, that lead me to believe that college is not worth the money people pay for it.
In “Should Everyone Go to College?” there are multiple figures depicting the return of investment on different Bachelor’s degrees. Among the lowest ROIs include the majors of liberal arts, literature, and the arts (215). These are majors which on average, don’t pan out well for those who invest in them. As we often forget, college is an investment in a future career, and so there are certain majors which just aren’t good ones to make. Other majors, such as engineering, computers, math, science, and business, are fantastic investments based on the work-life earnings on different careers pertaining to these majors. These are the ones which are the best ones to invest money in if someone’s looking for a college route, and if they are having trouble finding a way to pay for it, they should consider looking to methods such as doing some time in the military, applying for scholarships, or going to a community college, in order to help them achieve their
Reed, Matthew et. al., “Student Debt and Class 2010” Project on Student Debt. The Institute for College Access and Success. Nov. 2011. Web. 12 Nov. 2011