CQ Researcher, 2 1001-1024. This article is about paying for college. A college degree is considered especially vital to success. But for more than a decade the cost of higher education has been growing at almost twice the rate of inflation. And with the economic conditions threatening jobs security across the country, parents and prospective students alike are questioned whether they can afford colleges or not.
"It's clear who made the right decision. The educated American masses helped create the American century"(646). Referring to the century old decision the United States made to make high school almost universal, opposing Europe claiming that it was a waste. Leonhardt emphasizes the level of achievement those can reach with a college degree. And above all else, money for instance, it seems to make them healthier and happier.
Dear Honorable Titian: I understand the House of Representatives of the United States has just passed a bill which would do away with federal grants to college students. I am currently enrolled in college and depend greatly on the grants I receive. These grants allow great opportunity, for not just me, but for many other students as well. Taking them away would cause problems in several areas. The passage of the “Pick the Public’s Pocket No More” bill would lower college application rates, lower college graduation rates, and lower our country’s number of new college graduates for open positions in the work force.
Statistics show that those who earn a college degree earn exponentially greater wages than those who do not attend college. With the American economy becoming more and more diverse and global, it seems that a college degree is imperative to gain even an entry level career position. I decided to return to college to finish a college degree that I started on upon graduation from high school and was interrupted when I took a full time job. Upon getting older I begin to think that I would never obtain a college degree, so I decided to construct my life to accommodate my goal of obtaining a college degree. The motivation for me was to obtain my degree for my personal satisfaction and if I could obtain better employment; that was an added
There are many colleges and universities that have tried to improve their graduation rates and have succeeded in doing so (Davis, 2010). Graduation rate of any country is a reflection of far more than what may seem. The number of college students graduating from a college shows an insight to its accountability and transparency. The graduation rates show a great deal about the college itself and a low number of graduating students may indicate an unsatisfactory performance by the college or it may point towards something faulty within the organization (Sealey-Morris, 2015). The constant increment in the wage given to the students in order to increase the college graduation rate has been unsuccessful in tackling the situation and the increased amount of students enrolled in college courses are not directly proportional to the amount of students graduating from these colleges.
Title: New Housing Era: 30-Year Mortgage May Fade. By: Appelbaum, Binyamin, New York Times, 03624331, 3/4/2011 Database: Academic Search Premier Section: National Desk WASHINGTON -- How might home buying change if the federal government shuts down the housing finance giants Fannie Mae and Freddie Mac? The 30-year fixed-rate mortgage loan, the steady favorite of American borrowers since the 1950s, could become a luxury product, housing experts on both sides of the political aisle say. Interest rates would rise for most borrowers, but urban and rural residents could see sharper increases than the coveted customers in the suburbs. Lenders could charge fees for popular features now taken for granted, like the ability to ''lock in''
According to Trends in College Spending, a study done by the delta cost project, "Enrollment in U.S. postsecondary institutions totaled almost 18.6 million students in the 2008 academic year, a nearly 26 percent increase over the ten-year period beginning in 1998." The increase in demand for a college education has directly influenced college costs. It's simple economics, when demand goes up the price of the product being demanded will increase. The power lies on the side of the universities to determine whether their prices will rise or fall. Schools know that the quickest way to an elightened future is through their doors.
Tuition Reimbursement XCOM/285 February 20, 2011 Glenda Powell Tuition Reimbursement After a successful and profitable year, Donnie Company [Donco] issued a task for the Human Resource Department [HR], specifically employee benefits section to analyze the cost and effect of increasing tuition benefits to all employees. Donco is trying to see whether the cost to the company for providing tuition assistance will prove a beneficial decision or a waste of company dollars. The most interesting questions to answer are whether furthering one’s education provides the company with a more valuable employee, in addition to increased loyalty and production. A company can always issue a raise as incentive, yet a raise alone may not actually increase
Are Colleges worth the higher price of admission? Andrew Hacker & Claudia Dreifus Pages 179-190 This story talks about the higher education in America. Since a college tuition is the most expensive thing next to a mortgage families are wondering if its really worth the price, They believe by engaging the students and making college a more thoughtful place. Faculty should be paid equally and presidents large stipends for there job. By getting the students to use technology and share donation money with other less known schools.
Spending More Money Just To Make Less It should come to no surprise to many Americans that America’s current economic situation is in rough waters. America as a country is in trillions of dollars of debt and a portion of that debt comes from the nation’s collective student loans. According to Ron Lieber from the New York Times the nation’s collective student loan balance hits $1 trillion and continues to rise each year with the rise in student tuition. There needs to be put an end to this inflation in college tuition each year due to the fact that countless students have to pay for their educations. Many students have to take out loans and are going into several thousands of dollars of debt much of which they are not able to pay off