William Ashing Longoria WRC 1023.034 3 Mar. 2014 The Rising Costs of College: A Causal Analysis Thomas Billiterri, a writer at CQ Researcher which produeces educational research articles writes,"In-state tuition, fees and room and board at a public four-year college now average $15,213 per year." Today, college is considered the stepping stone to a better life for young adults around the world. The skills learned at a university will help people achieve their highest hopes and dreams, and most importantly help them to gain a high income level, The numbers don't lie, people with a bachelors degree make, on average, sixty three percent more than those with some college or an associate's degree and eighty three percent more than those
When it comes to the topic of earning potential, I feel as though this is the main reason why people go to school to get their degree. It is a proven fact that bachelor degree holders earn nearly one million dollars more than high school graduates over the course of their lifetime. This is a huge number and anyone would be foolish to not take advantage of such a thing. A degree in communications has an average starting salary of around $45,000 per year, and a ten year average salary of around $72,000 (Students Review, 2012). So as you can see, it is not the highest paying degree, but definitely not the lowest.
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.
Although it seems that we are making great strides in education with increased admissions for college students in diverse social, income and ethnic groups, that because these students are not getting degrees the gap between rich and poor continues to increase, and these achievements in education are not as valid as they seem. The article says that universities which have higher enrollment rates of students from low-income families also have lower graduation rates. However, at institutions with the highest graduation rates such as the University of Colorado and Stanford, a large majority of the students come from high-income homes, a statistic that has continued to rise the past 20 years. At elite universities, the student-body populations are becoming more and more diverse as far as cultural and religious background, but these students all share an upper-middle class upbringing. According to the Department of Education “only 41 percent of low-income students entering a four-year college managed to
Is College Debt Worth It? We all grow up being exposed to the thought of college being full of parties, drinking, and a whole lot of sex. As a college student, I can attest that the exposure we’ve experienced is true, but there is one thing that the media has failed to mention: College debt is real and obtaining a degree doesn’t mean you’ll have employers throwing copious amounts of money at you. In the article “Debt Education: Bad for the Young, Bad for America”, written by Jeffrey J. Williams, data shows that tuition has increased at roughly three times the rate of inflation. Inflation aside, this means college is getting more expensive.
With the Affirmative Action program there was a dramatic increase in college attendance among blacks, yet there was still an astounding amount of unemployed blacks. In 1975, the overall black unemployment rate was 1.8 times higher than the white unemployment. Affirmative Action not only helps blacks it also helped women. In 1977 the percentage of full time female faculty was 10.6 percent, and it had grown to 21.7 percent by 1987. The present percentage of law school appointments that are women has reached 40
A good education is greatly respected and the benefits of having a college degree are much greater than those who do not receive a college education. People who have a high school diploma have fewer opportunities than those who received a college education and job companies are more likely to hire the higher educated person because of their expertise and educational experience. Although this may seem unfair and inconvenient to most, most jobs companies are looking for a more experienced person and someone who will be able to learn quicker and apply the knowledge that they have already obtained throughout college into their
Since there will be more high income earners in an inequitable distribution of income, and the higher the income an individual earns the greater the proportion of income will be saved, savings will increase in the economy and this will reduce Australia’s reliance upon foreign capital. Unfortunately the advantages of economic inequality are accompanied with the disadvantages. Firstly, overall utility, the satisfaction for the goods and services by the consumer is reduced in our society. This theory is based on the assumption that high income earners gain less satisfaction from an increase in their income than people who earn lower incomes. The reason being as more of a certain good is consumed, it will begin to provide less utility to the consumer.
I disagree with Caroline Bird’s view that not all high school students should get a college education because, as recent research has show, college graduates make a significant amount of more money than non- graduates. Recent studies have shown that someone working in a profession with only a high school degree makes anywhere from fifty -nine to sixty -six thousand dollars less annually than someone with a masters degree from any given college. That proves that although college may not be for everyone, a person still needs to go in order to make any kind of money to live off of. With the cost of living going up rapidly, it will be very hard to get by with only twenty- three thousand dollars each year. I agree that many high school students are not ready to go on to college.
On average the amount a student pays for college ranges from $8,655 to $29,056 per year which is a lot of money, but college provides education, opens tons of doors for career options, and college graduates earn more than kids that don’t have a degree. To begin, college provides education.