Seventy five percent of these students are white female. They tend to come from a blue-collar or non-professional background. This means they come from a low income family. People who came from families whose parents that did go to college are typically four times richer then the first year generations. With this being stated, financial aid and financial stressors’ is the number one stress factor facing first year generation students.
Most christian colleges and 7 other schools offer the option as a strategy boost enrollments in tough economic times. In last fall’s survey, 62 percent said the economy affected where they enrolled. Amherst and Pomona, and other wealthy colleges have eliminated loans from financial-aid packages. Private schools with a little endowment rarely have the option and would lose students to lower-priced public universities. President Peter Samuelson, of a 3 year-old company called LRAP Association uses pooled funds to repay loans for graduates who qualify and that no more than 20 percent of participating students will need the money or for more than a few years.
If a music student goes out in the summer and earns 50 grand, no one bothers to object. The student-musician is no less a college student because he struck a lucrative deal, and neither is the student-journalist who spends his nights writing freelance stories and picking up as much money along the way as he can. If the student as athlete can find a way, he or she should be able to endorse products, to have paid-speaking gigs, to sell memorabilia. The best college athletes in the two revenue-producing sports have always been worth much more than tuition, room, board and books. The best football and basketball players of the Big Ten have produced a television network that has become the model for every conference in America, a network worth at least tens of millions of dollars to the member institutions.
The Department of Education’s estimate, called the cost of attendance, which includes living expenses is $25,833 for in-state students and $41,244 for non Ohioans.” (Rabinowitz). Not all student-athletes are on a full ride scholarship, so just by providing them with $3,000 to $4,000 more from the athletic revenue would make a huge difference. People can argue that having a scholarship should be enough because its helping them pay for college and the university doesn’t really owe them anything, but when someone looks at the time and hours spent on the field as well as in the classroom you can see where someone would need the extra money just to get by. It’s not easy being a student-athlete, and adding the stress of having to come up with money just for their living expenses can be stressful. Student-athletes
The University of Alabama needs these dreams to become reality in order to keep generating revenue in area of $129 million like they did in 2010. The school hands out scholarships to these athletes that cost $22k for out of state and $10k in state (U of Alabama). If we take in the fact that a team can only have 25 new scholarships a year, we can use the out of state cost of $22k times 25 equals $550k. That will leave the school with $128.4 million for 2010. These revenues are generated by the entertainment from college players with the notion they may not see any professional career but they still put their health on the line for 22k a
A scholarship can be a major financial package, and plenty of your average college students would be more than happy to take the tuition and actually pursue their studies” (Pheifer, 2012). That may be true, but these athletes don’t stay at college long enough to earn a scholarship. In basketball most players (at least the good ones) stick it out for merely a year, while most football players (again, the good ones) leave after four years. You call this compensation? I think not.
So four years later here I am a senior with two majors under my built closing out my last semester here. I can’t describe in words what I’ve gone through and learned throughout this rollercoaster ride, it would take hundreds of pages to explain my full college experience. One thing is for sure, all the hard work and stress was worth it. All the tears and laughs have paid off and it’s a feeling I will never forget as long as I’m alive and I couldn’t have done it with out my mother, father and Dr.
Kids who realize that education is a way out of their rough financial situation have no other option besides charter schools at times. They are also more expensive, but Guggenheim says that, more than 90% of students from charter schools attend four year universities. This means that they are very effective in preparing students to further their education
For example, Lee notes that America has the second best percentage of people with degrees worldwide behind Australia, and that, “only 27 percent of Americans have a bachelor’s degree” (Lee 28). However, the journalist notes that only about a quarter of college students who start at a four year university, actually graduate with at least a bachelor’s degree within their first six years. In addition, the author debates that the tuition cost for college is extremely high, when more than half of the students can not finish their college requirements. Furthermore, Lee suggests that there are other resources to succeed in life without a degree. In the article, she shows that her hair colorist makes hundreds of thousands of dollars a year; who does not have a college degree.
The Universities of Alabama and Texas, and my beloved Ohio State University, brought over $115,000,000 from the 2008 college football season (ESPN.com). This just in: that’s a lot of money and a lot of fans. Fans love to watch college athletes win on the court or field, but they might not realize that many of them lose in the classroom. The role of college athletics in American Universities has changed dramatically since the first intercollegiate competition in 1852. Initially, sports were viewed as a distraction.