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.
In both good times and bad, state governments have pushed more of the costs onto students, forcing many to take out big loans or be priced out of once affordable public colleges at a time when a college education is critical in the new economy. (NY
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
Student Loan Debt Recently, the issue of student loans and the debt often accumulated through the utilization of those loans has come to the forefront. Student loans have become an indispensible means by which families are able to pay for higher education. The cost to attend institutions of higher education has soared over the last decade. In fact, the cost to attend college can amount to more than $50,000 per year at some private colleges and universities. Now that Americans owe more on student loans than on credit cards, the issue of spiraling student debt has moved increasingly higher on the political agenda.
“College, Inc” continues on to show viewers how for-profit colleges spend more money on getting people to go to these schools than on what the students are getting out of it. You see how these schools depend on the recruiters and sales people to get more and more people to enroll
Although college enrollment appears to be slowing down in some community colleges across the nation, for-profit schools have increased enrollment by thousands of students every year. For-profit universities are becoming more popular than other community colleges for their fast route to graduating. Advertising is common for for-profit colleges by persuading students that coming to college will be the best decision; it benefits colleges by putting more money out for ads than what is spent on the school itself for faculty. Advertising has become more of a hook to reel in students to apply based on the competition of other colleges and the need to double the ratio of students from the previous years. When the focus on money from enrollment becomes
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
While many people in the United States look for higher education after high school, financial barriers are in the way for a lot of these students due to rising college tuition costs. Although these high prices are seen as a negative by most, arguments have been made that they may actually be a good thing. Some say the higher price tag forces (potential) students to not take their education for granted. The opposing side responds with statements saying a lot of people aren’t given a chance and these prices are to far out of their reach. The bottom line is that the high and rising cost of college isn’t a good thing and reduces the amount of qualified workers.
The students who are agonizing the financial difficulties have to search for a job to pay for their collage or support their families. Observably, it is very durable to be focused on both employment and study fields. So, it is very clear that financial expense is the one of the particular reason why college students give up their college education. Most of the high school students admit in a college by thinking of that a college life would be more unrestricted and preferable than their high school lives with parents. Also, they have a conjoint believe that
Public Universities are free and private ones have tuition. It is harder to get into public college then private. Somepublic schools look at your GPA from high school, to some there is placement tests, which decide who gets in. At some public schools day classes are free, but if you decide to take night or weekend classes, then you have to pay. Night and weekend classes are ment for working students, while day classes are ment for students who don’t work.