The Cost Of Higher Education - 2006 Words

The Cost of Higher Education Has Resulted in Extreme Student Loan Debt, How Do We Reverse This Cycle? During high school we are often told that higher education is essentially a precursor to achieving success in the workforce, meaning that your success is dependent upon earning a degree. We are also told that higher education is the key to â€Å"happiness† because it is clear that both a fulfilling and lucrative career is a direct representation of success. Sometimes parents, teachers, and guidance counselors forget to mention the tremendous cost of attending college. They almost never mention the ongoing student loan debt bubble, its impact, or even how much tuition has risen. Odland estimates that college tuition rates have surpassed the nations inflations rates by approximately 400% (College Costs Out of Control). Student debt is not only devastating the personal finances of the average college graduate, it has long-lasting negative effects on the economy, and families of those attending higher education institution. There’s a universal agreement that student debt is an ongoing issue, yet there has been little done to solve this problem. In most cases the cost of college is significantly greater than the potential salary that can be expected after college (Ramsey, Why Student Loan Debt is STUPID). Not many students can afford to pay the cost of college out of their own pocket; tuition, books, supplies, living expenses, food, and transportation. It has been approximated thatShow MoreRelatedThe Cost of Higher Education754 Words   |  3 Pages For most high school seniors the cost of higher education may be a daily or at least. It is an even a concern in that a group of students, who all share a common, concern, around the same age, but with no reliable income. Each one is making a huge investment in their future, but in majority of cases adding more and more debt to their lifestyles. Though majority of students receive financial aid, the amount of debt which tuition builds is beyond stressing. For some students relying on their familyRead MoreThe Cost Of A Higher Education958 Words   |  4 PagesAll through life, most children are told that getting a higher education is the only way to have a successful life. Each year the cost of college rises, with that the total student debt rises as more students take out loans to help pay for his or her education. An astounding 1.2 trillion dollars is the United States student debt amount, and every year it continues to grow. (Investor’s Business, 2015, p. A14). According t o new reports, 27.3% of student loans are delinquent and that on average a student’sRead MoreThe Cost Of Higher Education1100 Words   |  5 PagesOver the past four decades, the costs of higher education has risen at a rate that surpasses the rate on inflation. Students, parents, and policymakers are concern about the rapid increase. The literature supports that there are multiple trends such as a decline in federal and state support as well as outdated policies and practices that have contributed to continued rise. Thelin (2015) analyzed Edwin Slosson’s 1910 anthology on Great American Universities, which provided data on fourteen prominentRead MoreThe Cost Of Higher Education898 Words   |  4 PagesThe cost of higher education College institutions offer a wide range of degrees and certificates, ranging from associate degrees to post-doctorates. A bachelors degree is another name for a 4-year degree, and such can be given in a wide variety of fields of study. According to the Digest of Education Statistics, during 2012 and 2013 more than 1,8 million bachelor degrees were conferred to college students in 34 different fields of study. So, prior to defining the cost of education, there is a needRead MoreThe Cost Of Higher Education Essay1296 Words   |  6 PagesKarla Fiscal-Zatarain Communications M01 Ben Bates 28 July 2015 The Cost of Higher Education General Purpose: To persuade. Specific Purpose: To persuade the audience that the cost of a higher education is too high and should be lowered to a much reasonable price. Central Idea: The cost to attend universities has skyrocketed over the past few decades and because of this, many students have chosen to skip out or put it off because they simply can’t afford it. Introduction: Attention Getter: On NovemberRead MoreHigher Education Costs And Education983 Words   |  4 Pages Higher Education Costs Education, there should be no class distinction. Education should be provided to all, irrespective of their economic, social or religious backgrounds. Education is defined as gaining knowledge which is funded by the government or charity organizations for awareness, charity, religious, or any other motives. It’s like an investment which helps to build the economy in the long run rather than a way of getting short-term inceptives from students.Read MoreThe Cost Of Higher Education Essay2074 Words   |  9 PagesHow to Combat the Cost of Rising Higher Education The cost of higher education is on the rise in the United States of America (USA). â€Å"Technology tends to unbundle stuff. Look how it’s unbundling television, or how it unbundled the music album. The college degree is a bundle that doesn’t work for everybody and creates unnatural market conditions, which is why college costs consistently rise faster than inflation.† (Newsweek) The cost of higher education tuition is skyrocketing throughout the USARead MoreThe Cost Of Higher Education Essay2115 Words   |  9 PagesThe cost of higher education is on the rise in the United States of America (USA). â€Å"Technology tends to unbundle stuff. Look how it’s unbundling television, or how it unbundled the music album. The college degree is a bundle that doesn’t work for everybody and creates unnatural market conditions, which is why college costs consistently rise faster than inflation.† (Newsweek) The cost of higher education tuition is skyrocke ting throughout the USA. Imagine being a lower class family, both you and yourRead MoreThe Cost Of Higher Education3697 Words   |  15 PagesThe cost of higher education is constantly rising and does not look to be stopping anytime soon. However, many individuals are concerned about the increasing cost and have little understanding as to why these costs are increasing despite the increasing revenue stream of many colleges and universities. Additionally, taking in consideration the current cost compared to the past 5 to 10 years is very important when addressing this issue. As the cost of a college degree increases it is becoming harderRead MoreRising Cost Of Higher Education1345 Words   |  6 PagesI have selected to write about the rising cost of higher education in the United States. In mass media we see discussions of how expensive it is for students to afford admission to a four-year college, student debt being higher than it ever has in previous years, and how these consequ ences make it difficult for graduating students to attain social mobility. As a student, it is within my best interest to discover the social factors that influence the cost of attaining a college degree. Many of my