Comparing The Cost Of College: Yesterday, Today, And Tomorrow By Mike Patton
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The author of the article is Daniel S. Cheever Jr. and the title of the article is “Is college worth money?”. In this era, the cost of college is more than the cost of the average house hold income and the author wants the college officials to look after this as this is a very serious point. The purpose for the article is to instruct understudies on the things to consider when applying to school for higher education. What never appears to end for understudies and guardians, notwithstanding, is justifiable tension over paying for school. Cheever brings home the point that school educational cost is ascending at an exponential rate and this steady ascent in the expenses of advanced education alerts payers and general society.
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In John Schoen’s “Why does College cost so much?”, he unpacks many ideas on the topic of tuition. In the reading, he uses Harvard, the school that raised tuition a substantial amount in 1971, as an example. The university justified the increase in tuition on rising inflation, which the article continued to state that tuition and inflation were not synonymous. Presently, Harvard charges roughly $45,000 a semester. If inflation were the reason for raising tuition cost, then students would only be paying an estimated amount of $15,000 a semester according to research and inflation models.
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Deciding what you want to do for the rest of your life is an extremely tough choice. It is not made easier by the fact that you have to think about what you want to major in, what school you want to go to, where you will work when you are done with school, and how you will pay off your student loans. As children we are told that we can do whatever we want, but the tough reality is, we can do whatever we will get paid to do. Ben Casselman makes this point very clear in his article, “The Economic Guide to Picking a College Major” by reiterating that getting a college degree does not mean you are promised a job in that field. When choosing a major, you have to take data on how well that field is doing into account.
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In “Are Too Many People Going to College?” Charles Murray offers his opinion on the number of students that pursue a B.A. He believes that two year or four year colleges are not needed for a majority of students who could instead pursue other life paths. He discusses the ability for the general knowledge needed to be learned in primary and secondary school, and for a lessened need for a “brick-and-mortar” institution the problems with the current secondary and higher educational issues including the lessened need to acquire a B.A. All members of society need certain skills in order to be productive members of society. They need to know general facts about the country they live in, general history, and general geography.
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Understanding college costs will give us a reason as to why the price is so high as well as how they got to that point. In order to know how and why college costs are so high, we have to know what the rates of colleges are. Four year colleges and universities are $23,066 (Understanding) a nearly $20,000 increase in a thirty year period and two year colleges are now $9,308 (Understanding) an almost 2,000 increase in the same thirty year period. Student debt as the NPR says “has now surpassed a trillion dollars, higher than America’s collective credit card debt” (How).
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Many people dream of a life filled with riches, but that dream is hard to obtain without a college degree. It is somewhat ironic how people dream of being a successful student and going to college but the cost of tuition turns that dream into a horrible nightmare. It is not a shock to most people when they that college tuition is expensive, but in the past few years it has increased to an all-time high. Lower and middle class students have now begun to realize that college tuition is holding them away from their dreams. Even though college tuition could provide opportunities for job creation and economic growth, tuition is not affordable for the average American household which in effect, prohibits students from taking opportunities like going to college in the first place.
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Research Question: Should College Tuition cost as much as it does? Thesis Statement: The College tuition has gone as far as having many college students being buried in debt for all their early life, lowering the tuition tremendously would unshackle the chains of debt that has affected over 71% of the college students that attend today. Introduction One of the hottest topics of this generation is whether college is too expensive for most students/goers. Over $70 billion is spent on college tuition annually, that’s crazy considering more than half of the people that go are in student debt. Many institutions are now charging 20k to 40k a year for tuition and fees, that doesn’t even include living expenses…
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The price of college has been rising in an expedite rate for a multitude of reasons. Three foremost being the explosion in demand to go to college, the rising cost of new professors and amenities, and government subsidies/ student loans. Back in the 1980’s the price of tuition adjusted for inflation was around $10,200. Currently, the average cost of tuition is hovering approximately $32,000. Due to the demand of enrolling in college and the consequence of tenures and subsides in universities.
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With college tuition costs exploding, and job placement rates lowering, modern college students are being set up for failure. Many people are blaming the government for this problem, but the fault is at the ignorance and stupidity of these college students themselves. Looking into colleges myself, I am realizing how expensive things really are. Tuitions at both private and public schools are extremely high, and living costs have to be taken into consideration too. People around me are planning on going to schools that frankly, they just shouldn’t be going to.
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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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Travis Fisher Instructor Steven Freeman English 102 December 1, 2016 Is Higher Education Worth the Cost? In modern day America, college students are in thousands upon thousands of dollars in debt. In 2015, there were approximately 20.2 million college students whose debt averaged out to $28,950 (college-education.procon.org, par 1). Many people today argue whether or not college education is worth it.
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The major problem facing the American higher education system is the shortage of funding for students which is leading to higher tuition costs. Compared to 1985, the cost of attendance of four year public institutions has increased by over 500 percent and much faster than what was expected (Jamrisko and Kolet, 2013). Today, the average cost of all institutions is above 19,000 dollars compared to 3,489 dollars in 1981 (Understanding the Rising Costs of Higher Education, n.d.). For 4-year institutions, the increase over the same time-frame extended from $3,951 to $23,066 (Understanding the Rising Costs of Higher Education, n.d.). Meanwhile 2-year institutions increased in price from $2,476 to $9,308 (Understanding the Rising Costs of Higher Education,
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As Bo Jackson said, “If they have four years of a college education, do it.” As most know, college can be hard to achieve. Whether that is because of cost, or finding the best that fits for a person for their quality of living, there is no wrong with not going to college, but people need to understand that college is valuable to every person. That being said, college is a valuable thing to have because it gives a higher paying job and teach traits employers search for. First off, unless there is large money in their bank account that can pay for everything, there will be loans and bills to pay.
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I find that college should be made affordable for each and everyone. Not what your college bored thinks they can get away with! College tuition can affect some person’s ability to go to a desired collage, put families in a financial crisis, and affect future careers. Student loans fallow college students for years even after completing college.
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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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