Rising Cost of Education

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Rising Cost of Education: The Solution There is no doubt that the cost of college education has risen over the years. The college education is now out of reach for many Americans. Many students can no longer pay for college themselves. They will need a lot of support from their parents, as well as government institution based help known as financial aid to be able to pay for college. The rising cost of college education is preventing a lot of students from desiring to go to college. Those who are in college and already half way through are dropping out as a result of not being able to bear the financial constraints any longer. May students are in debt which will take many years to offset because they had to take loans from banks to be able to pay their way through college. In spite of all these, we can see that college education is still worth it. This is because a college graduate earn enough more than a non-college graduate. The unseen future of advancement in science and technology is going to be more favorable to the well-educated. This is because good jobs require cognitive skills and the ability to learn new things and adjust to rapid changes in the global market. Some college graduates may not get their dream jobs immediately upon graduation, but they are still doing much better than people without college education. It may take time, but in the long run, college graduates will always enjoy the dividend of money spent while going to college. Since college education is still worth it, what then is the solution to obtaining a college education without the rising cost posing as an obstacle to prospective students? The solution lies on the parents to start saving for their children’s education as soon as possible. The sooner this is started, the more money they will be able to save to get their children through college. Parents are expected to contribute

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