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.
Inflation aside, this means college is getting more expensive. Unless your parents are wealthy enough to pay for your tuition or you worked your tail off to receive a full-ride scholarship, more often than not, you have to take out student loans to fund your education. As a result of the high price tag of getting an education, many graduates struggle when faced with the trouble of paying off that huge debt. It’s no longer a right to attend higher education. To many, myself included, attending college is now a luxury.
There are college stopouts due to race gender and not enough money to pay for college. Troubles with the economy have caused college stopouts to occur as well. Higher education, or college is getting more expensive by the years, and is becoming more and more of a pain to pay for. According to the article, “students from low-income backgrounds in particular may find they need to take time off from school to save money or to help their families pay their bills” (Terriquez, Gurantz, Gomez, 2013). With this being said with these students having to focus on their financial issues, it is going to be a struggle for them to afford both their bills and college cost.
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. Horsey’s cartoon makes an important statement, one that college students especially should pay attention
Many college students go into financial debt trying to obtain the high cost of college tuition, because of this more college students are becoming drop outs after their first year of college. In other words, college requires several challenges that many people aren’t ready to take on. Pharinet’s purpose is to inform students who are trying to figure out whether college is best for them or not. This essay is effective because it allows individuals to find what professions are best for them. No two people are the same, even though people are said to be created equally they still are different in more ways than one.
In other words, the contemporary pressure for money influences many lower-income students to enter college with inadequate funds, which ultimately forces them to drop out of college. Meanwhile, many universities struggle with a sufficient response to this alarming collegiate quandary. While Leonhardt fails to accurately represent certain points, his argument is certainly effective at explaining the relationship between education and socioeconomic class that contributes to the alarming rate of college dropouts. In his writing, "The College Dropout Boom," Leonhardt informs his readers that the probability for lower-income students to drop out of college is
The passage of the “Pick the Public’s Pocket No More” bill would lower college application rates, lower college graduation rates, and lower our country’s number of new college graduates for open positions in the work force. Without grants, many Americans would not be able to pursue college degrees because of the debt they would acquire financing their degree with loans alone. Federal grants allow young adults, who are the future of our country, to pursue a college degree without the full burden of college debts after graduation. (M) When considering whether or not to pursue a degree, many are persuaded to apply because they often receive grants to assist
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.
For example, numerous students have to pay for their college on their own. This gives them no other alternative bbut to take out student loans. Which could leave them in debt for many years. Another example of financial pressures for students is having to support a family while attending college. Supporting a family while attending college can be extremely difficult.
Possibly one of the biggest stressors for most college students is the considerable debt they will have to take on, in order to afford tuition fees and textbooks. More and more students have to pay for college on their own, or with little assistance from their parents. Quite often this is a source of great concern for an individual that is straight out of high school and may not be financially stable (Driscoll, 2011). At the same time as the debt alone is stressful, the need to service this debt can cause students to over-extend themselves. This means that they have to take on a second job or work long hours