But during this economic recession, college students have been having a difficult time staying in the college path, especially working class students. The lack of moral support from their families prevents these unfortunate students to finish their college education. The increase of college tuition and limited financial aid are causing students to go into debt, making them hesitant whether they should keep studying or not. Also it’s preventing students from picking needed major but because the low paycheck they are not sure if they will be able to be sustained. But college drop outs also can able be due to the unequal college preparation given in high schools.
If you don’t go to college, you are almost guaranteed to not get a job, or if you do it will only be a minimum wage job, with no job security, that won’t even pay for the cost of living. Even worse, even if you go to college you are no longer guaranteed the jobs which can put you ahead. So the end result is that you are stuck with a debt that you can’t pay back because you don’t have the good paying job which you were promised. Collectors will be breathing down your throat to get the money that you borrowed. And the biggest kicker of all, even if you file for bankruptcy you can never get rid of your student loan debt.
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.
What good does Jill’s degree do then? The cartoon points out that sometimes degrees don’t even matter. If you attend college and pursue a major not currently in demand, then what good does the degree you earn do? Today, picking and choosing majors wisely is important. With the expense of college continuing to rise, most people cannot afford to pursue something they will not make money and benefit from later on.
Isn't it a big problem we have to worried about? In the long term, “A” students find a job, he used to finish a project by himself. Therefore, there are more stress in their job. “But our economy becomes increasingly, reliant on technology, scientific research, and a highly skilled work force. This attitude undermines our best interests.” After we graduate from university, a lot of people want to find a stable job and then fight for it.
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.
DO NOT overspend. While you’re in college most likely you are going to using your own things like your own credit, debit and everything else. While it’s tempting you can’t let it get to you (the overspending). Remember your using your credit and what better way to build it than in college. Building your credit starts in college if you begin to buy all these things you can’t afford and turn around and not have the ability to pay them off at the end of the month then you’re your credit will begin to decline and that’s not good.
Some might not believe this, but one study says that it exceeds credit card debt by over $1 trillion (Woodruff 1). Credit card debt seems to get more glitz and glam in the national media, but no one seems to realize student debt is a bigger problem. That isn’t all though, because late last year, the Federal Reserve reported that borrowing covering student loans increased $15.2 billion, while debt from credit cards rose only $817 million from October to November 2012 (Crutsinger 1). This shows that more attention needs to be put on fixing student loan problems so that we can inject more jobs into our economy, thus possibly fixing some credit card debt woes as well because it would enable civilians to have more cash at their
Solution Essay Today people are living in an era where working smarter, learning faster and adapting quickly keeps one ahead of the curve. It only makes sense to go to college since it provides access to the first set of resources for keeping up with the times. Unfortunately college is both an extremely risky and expensive option. Tuition prices are even high enough to force people to defer from the college route. National Center for Education states that only 59% of first time students graduate from college within six of their bachelors program.
Education is the key to economic mobility and avoiding poverty. Having a poor economic outlook restricts these labor immigrants from ever being able to find that upward mobility. “If most immigrants are not illiterate, they also are not all college graduates” (Portes and Rambaut 68). We need to have more professionals in our state because we lag behind many others on maintaining a strong economy. Building a stronger economy means being able to have the millions that are here continue their education and this would have positive impact on the economy.