Cost of College

In our lives today, not everyone can financially afford to attend a four year university or college, but yet people still attend because they have academic goals. Currently there is help with grants, merit scholarships and loans available for some. However many students do not realize they will eventually be left to pay the majority of the money back. Students who want an education should get it, a country such as the United States should provide students with financial aid.

The student debt is rising higher each year. When students do not have enough money to go pay for college,

The increased costs of tuition and fees are making it more difficult for individuals to attend college, and they are being forced to drop out, having a major impact on graduation rates. Data stated that was stated in FACT SHEET on the President’s Plan to Make College More Affordable: A , Better Bargain for the Middle Class (2015), “The average tuition at a public four-year college has increased by more than 250 percent over the past three decades, while incomes for typical families grew by only 16 percent” (“Fact Sheet”, 2015). This is causing major stress and becoming a burden on the finances of the student and their families. In order to attend college, a large percentage of students will have borrow money because of

Colleges are noticing a drop in students’ interest in a higher education, because it forces them to fall into poverty. Obtaining a higher education is a dream of many working class citizens, but the price to go to a choice college is not available economically. The majority of students use some type of student loan, they have become the norm for attending college (Johnston, Roten 24). College is becoming unaffordable to many lower class students. With tuition prices this high, students are backing out of school and looking for jobs that only require a high school diploma. Student loans should help people, but it is only hurting them because they feel like they can never repay it. Especially since student debt continues to rise. “Student loan debt rose by 328 percent from $241 million in 2003 to $1.08 trillion in 2013, according to the Federal Reserve Bank of New York” (Johnston, Roten 25).

The author talks about college cost, and the effect it has on students and on how times it takes longer to graduate. This is an important topic because college cost has been a problem for many individuals for decades and it still is. College cost is something that shapes people's lives and it worries them because college cost is what determines if they're going to continue going to college. It’s something that people should take lightly because college is pretty expensive. According to the advocacy group complete college America, it cost 63,718 for one extra year to attend college. For students who take longer to finish school because of certain requisites, it becomes a toll because of the cost. According to Norton Field Guide to writing by Richard Bullock and Maureen Daly Goggin found a report on Los Angeles-bases campaigns for college opportunity, saying students who attend school 6 years instead of 4 years will lose 110,900 dollars in their lifetime. Many people in the work field and colleges expect students to attend school for four years. According to the NFGW, “nearly nine out of 10 freshmen think they will earn their bachelor degree within the traditional four years.” Yet In the NFGW quotes the U.S Department of Education and they report that “about 45 percent won’t have finished.”

There are many other issues, of course, related to the high cost of higher education and increased student debt. Tuition rates are rising, there are some poor practices in recruiting and financial aid advising, and high unemployment means there are no guarantees that a degree will lead to a good job. Relying solely on loans to pay for college, or attending an

Families are now aiming low when it comes to college- or are simply not going at all. Money could play a huge part in this decision- after all, the cost of college has skyrocketed over the years, and so has the amount of student loan debt. This is something even Leonhardt admits, stating that, because of this, only about 33 percent of young adults get a four-year college degree today, while another 10 percent receive a two-year degree (Leonhardt). And even though many colleges offer financial aid packages, that money may soon be cut and the cost of college will continue to grow. It is true that, in my personal experience, just because a student is awarded financial aid does not mean they have a golden ticket to University. This leaves many desperate students the only option of taking out as many loans as they think they can handle- often more than they should. Debt is not a new issue for America, but it is still a problem. Although David Autor, an M.I.T. economist, laments: “not sending [young adults] to college would be a disaster”, no one can ignore the rising rates of loan defaults, and some think it

There are many students cannot go to college because of the cost of college tuition. Some students work hard at the fast food places, restaurant to pay off their tuition. The government of the United State gives the opportunities for the young Americans that if they participate in national service to the country, they will be able to exchange for free colleges or technical school tuition. The government also gives students many options such as working at an urban library for library major; working in a homeless shelter for social work major; working in the juvenile justice system or prisons for criminal justice majors; working in hospitals for pre-med students and nursing majors. Young Americans should participate in national services in

The topic of paying for college has been a widely debated issue for students. Some people believe college is too expensive for teens who have just began to wander around the adult world, while others feel college would be taken for granted if the student doesn’t make an effort for their education. Higher education may include longer years of studying, loans and debt. This is what makes society feel that college should be free. However, it must be acknowledged that free college really isn’t free and misunderstanding this concept would be an economic mistake. Although it’s understood that college comes with a great price, eliminating the cost for higher education would increase taxes, diminish the value of a degree and may cause students to not

College nowadays is increasingly expensive and only a select few can afford to pay it without acquiring debt. Because of this need for money to pay for college, the giving out of loans has become common practice, and it is easy for anyone to get a loan for “$50,000, $75,000, even $100,000” according to a consumer report. The giving of these loans would put people into a substantial amount of debt and the only feasible way of paying it off would be working a job with a high salary. In most cases a degree would be beneficial for attaining a job which pays a high salary, and this is shown in survey conducted by the U.S. Census Bureau which stated that people with a bachelor’s degree earned nearly 25% more at age 25 compared to someone who was only a high school graduate.

For decades the price of a college education has increased dramatically. Therefore the debt on college students has also increased rapidly on an average of seven percent a year. This high debt as well as extreme interest rates combined with the lack of well/good paying jobs is leaving United States(US) students with severe debt. If the price of college was more affordable for the average person, there would be less educational debt in the United States.

The mounting student debt of college graduates is holding many back from achieving their life goals. People are constantly told that they can do anything they want. This is not true for a multitude of reasons. Whatever one’s idea of the American Dream is it is not always as achievable as it is said to be. An example from an article called Constrained After College states that, among all U.S. college graduates the average student debt is $23,300 (Gleason). Reasons backing why the opportunity is not assured is that many believe that things like fear of student debt make it harder to find salaried careers to start a life out of. Many also believe if there was a poor up bringing in a family, you have every chance to make it a better life. However, families in that position don’t always have the resources and funds to give that opportunity to their

Attending college opens many doors and provides many opportunities, however, it comes at a cost—a cost that poses the biggest challenge facing students today. The expense of tuition, room and board, and the cost of required textbooks and supplies are exorbitantly high for many individuals. Working while going to school is an option to minimize debt, however, earning potential can be limited due to class schedules and the time required for studying. Fortunately, a plethora of scholarship opportunities in which students can take advantage are available to alleviate some of the costs associated with attending college. Additionally, steps such as offering a variety of meal plans and housing options as well as encouraging students to utilize

No doubt that college education is expensive, and may consume a fortune since students have to pay for each class. Still, core courses are not the reason why four-year of schooling is cost so much money. In order to obtain a bachelor degree, student would have to complete 40 courses with, more or less, 120 credit hours. This is a standard, and there is no way around it. Although, if general education wasn’t a must, student would have to fulfill these prerequisites with some other costly courses. Perhaps, something far more unfamiliar and confusing. Why not to take humanities, or history along with social studies and English? The college gave students an opportunity to score an easy “A” and “B”, or at least pass without failing it, saving time

1. More and more students have to pay for college on their own, or with little assistance from their parents. Learning how to live on one’s own and today’s complicated financial world is stressful, and it’s no wonder that some students would rather drop out and get a job rather than continue studing.