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Argumentative Essay On Benefits Of College

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Most students who go to college have to pay back a ton in loans. What if there weren’t as many student loans to pay back? College should be more affordable. Some great students might not be able to go because of the cost factor as of today. Three reasons to defend this are: colleges are more about making profits than educating; most jobs will require a postsecondary education later on; and college is more important but also more expensive today than it used to be. My first point to prove is that colleges are making huge profits. Colleges are more about making profits than educating for a fair price. “A recent analysis the Federal Reserve Bank of Cleveland made found that tuition revenue per student at public 4-year colleges went from $5,700 to $9,300. The study also shows that private 4-year colleges climbed about $12,000 to almost $20,000 per student.” (Washington Post) They rose the tuition by almost double the price it was before. “Now According …show more content…

Most jobs will require a postsecondary education later on. “By 2020, an estimated 23 of job openings will require postsecondary education or training.” (US Department of Education Pathway to Opportunity Plan) “By 2020, 65% of all jobs - compared to 28% in 1973 - will require some sort of postsecondary education, according to a new report from the Georgetown University Center on Education and the Workforce. At the other end of the education spectrum, the percentage of jobs requiring a high school diploma or less will continue to shrink. According to the report, Recovery: Job Growth and Education Requirements Through 2020, 72 percent of jobs were open to high school graduates in 1973; by 2020, that percentage is expected to fall to just 36 percent, as shown in the below graph from the report.” (Alliance For Excellent Education) This could be a major problem later on in life for the younger generations who want to go to

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Patton attempts to build his argument further by providing the current average costs of college tuitions, then reveals a line chart of the inflation over the past 20 years. In comparison with the $9,139 (in-state public) and $135,010 (private) tuition rates for the 2014-15 years, the author claims, “If education inflation continues to average 5.2%, the cost of tuition and fees for a four-year public university in 10 years will be between $65,590 (in-state public) and $224,124 (private),” (Patton, 2015). This claim seems outrageous and serious until you realize there are several errors in his calculations. Patton forgets that the value of the American dollar inflates by at least 2.3% at the same time that tuition prices increase by 5.2%, essentially dividing the intensity of this inflation by half. To add onto this, predicting the rates of inflation by an entire 10 years, which is half of the sample provided, is clearly extrapolation, thus making this calculation unreliable.

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930 Words | 4 Pages

What a shock this has given me and especially to other that are concerned with the paying or attending college. The rise of price for a higher education has brought many questions such as if the we are to believe that the education of today is worth more then the education from the past. Like I can’t believe how we are taken advantage over the price of our education and, shouldn’t the prices of all university be the same. Wow, this statistic has shown how greatly this problem has impacted us students, and has shown how public universities have taken an advantage on pricing our

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693 Words | 3 Pages

The reasons for this inflation in student loans, Oliver explains, are due to several factors. First, states have dramatically cut funding for education which has led to the rise of tuition at colleges. Since college has become more expensive, students are forced to take out more loans, which results in more bills (3). Second, Oliver states that many for-profit colleges charge their students five to six times the cost of community college and twice the cost of a four year state university. He further states that the reason why these colleges charge so much more has nothing to do with the quality of their education, instead the money is being spent on unimportant things like advertising.

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1400 Words | 6 Pages

“An advanced degree could earn a worker as much as $2 million more over their lifetime than someone with a high school diploma” (Michael). Even having limited post-secondary education without having a formal degree can add as much as $250,000 to lifetime earnings (Michael). Two years ago, The Pew Research Institute conducted a survey of college graduates. Statistically, 79 percent of those with four years or more of schooling felt more confident in their work environment, while only 54 percent of two year students felt the same (Desilver).

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1102 Words | 5 Pages

Meanwhile, they spent about $8700 a year on classroom instruction for each student, up about 9 percent. " These numbers show that in order to keep up with the rising cost of non-instructional resources colleges are forced to raise the price of

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740 Words | 3 Pages

Web. 2 May 2017. ). In order to have a higher quality of education, faculty and campus, they raise their costs and therefore raise their tuition.

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846 Words | 4 Pages

America’s college use to be cheap, believe it or not. When did the cost go up? How many students is suffering from debt due to tuition? We have a huge problem when it comes to price of higher learning. Student debts , rising tuition, and state budgets have sky-rocket.

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763 Words | 4 Pages

This demand is welcomed by schools since it allows them to expand their programs, add amenities, and raise staff salaries”. The baby boom group born between 1988 and 1995 have flooded colleges with demand for a limited number of spots, and that’s one reason why college costs increased. Forbes also states that Part of the issue is due to the tenure policy at colleges. Most of those who attend college now are

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817 Words | 4 Pages

Raising tuition year after year will cause a drop in applicants and affect current students’ retention rates. That is because tuition is already at an all-time high, making it harder for underfunded students to even think about entering higher education. Overtime students have grown increasingly frustrated with tuition rates. That is because in the past 20 years, "tuition increased twice as fast as the overall cost of living”

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771 Words | 4 Pages

College is one of the most important and life changing times in the life of an American. Leaving high school behind and venturing out to the adult world is an amazing experience that every individual should experience. However, young adults from every corner of the country leave college with crippling debt or do not go to their preferred college of choice. College education should be cheaper as it will help families and students financially and give them the satisfaction with having the opportunity to go to their first choice for college.

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805 Words | 4 Pages

College tuition The cost of going to college is getting ridiculous. If a student were to apply to an out of state public college in 1997 they would be paying on average $8,840; now at the same out of state public school they would be paying around $26,010. Are we expecting people who have little money to stop their education even if they want to keep going or be in a huge amount of debt? If colleges were tuition free or had minimized costs the economy would be better or could improve and so would the lives of millions of people.

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1148 Words | 5 Pages

One source that supports this claim is from the article “Even with Debt, College Still Pays Off” by Gillian B. White. White states “According to data from the New York Fed, college graduates earn 80 percent more than their peers who didn't attend, or didn’t finish, undergrad, and they’re also less likely to wind up unemployed than those who didn't go to college” (White 3). This evidence supports the claim because it shows how studies have found that a college degree leads to jobs with better income than high-school graduates. This quote also shows how the New York Fed found that going to college helps limit unemployment. A second piece of evidence that support the claim is “For those recent grads who majored in arts, psychology, or social work, earnings were about 29% percent more than those of peers who had only a high-school diploma...

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901 Words | 4 Pages

In the last fifty years the world has gone under many changes but one that is really shocking is the escalating prices of colleges. Since 1985, the price tag in American colleges and universities has

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558 Words | 3 Pages

, “Experts that have researched the performance and job success of college graduates have concluded that, nationwide, college graduates with a bachelor's degree earn 74 percent more per year than those who only complete high school.” This seems very logical when you look at the big picture, having furthered your education will open you up to more jobs that that require more education that will most likely pay more. The University of North Texas in their article “Why Go to College?” shows a graph from The U.S. Census Bureau that shows a professional degree could earn you around 4.4 million dollars compared to less than a high school diploma could earn you around 1 million dollars for a whole worklife. Seeing

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1154 Words | 5 Pages

College is not cheap, a hefty fee is often payed by those who want to attend, often out of their own wallets. It is no secret that funding a college education is getting harder and harder. Thus begs the question, is the charge of Universities becoming too high? Yes, college costs have skyrocketed over the past decade (citation). Being capable of going off to a university to acquire an education is slipping for countless people due to the rising costs.

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