17 April 2013
“Going Broke for a Cause”
As a child growing up in America, kids are frequently asked the question of what they want to be when they grow up. Whether it is a policeman, dancer, astronaut, or a secret agent, they are taught that some type of education is required. And to become successful they must go to college and graduate. Each passing year the cost of a college degree increases, resulting in more and more students who complete college ending up with a mountain of debt. Because of this, the motivation of students wanting to go to college decreases. They assume that they can get a well-paying job without the necessity of a college degree. Donald Hossler, director of the research center at the National Student Clearinghouse said, “History suggests that when people worry about their ability to pay for college, it deters them from applying” (Clemmitt 883). In other words, they are deterred from going to college because their main focus is on the debt they will incur as opposed to the possible positive outcome they will experience having attained a college degree. Although a higher education may be costly, stressful, and time consuming, it is a necessity if one wishes to attain an occupation as opposed to a job.
When considering a college education, one of the major factors in deciding whether or not to attend college is the cost. For the past twenty years the cost of a college degree has doubled, and with state aid to colleges being cut, students have been put in a position of having to take out high interest loans increasing the amount of debt. Sen. Judd Gregg, R-N.H., chairman of the Senate Health, Education, Labor and Pensions Committee asserted, “While tuition goes up and up, and more and more students are priced out of a college education, colleges are finding it hard to achieve efficiencies in the delivery of education.” Basically, Gregg is warning that students are unable to get a college...