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College Cost Benefit Analysis

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Avila 3This sprouts from a system that glorifies attending college rather than learning skills that will aidyou in the workforce. Students re taught to follow rules rather than to analyze and question themin order to develop thoughts that could bring revolutionary advances in the future, thus deprivingstudents from achieving success (Issues and controversies).Another aspect of college costs is whether or not it is worth it for students to burrythemselves in debt in order to end up with an average job and earn an average salary with whichit will take you years to pay of your loans. Today there are too many students in college thatshouldn’t be there, many are just there to earn a piece of paper that will make them employable(Bennett 129). Students …show more content…

In addition withunemployment expected to remain above 8% well into 2014 it will likely be many years beforeyoung college graduates-or any workers- see substantial wage growth as illustrated in charts twoand three. This can be attributed to the recession of 2008 (Kroeger) (Bennett 6) this recession hascaused student to not see the high return on the pricey investment of college education.Chart one(Shierholz)
Avila 5Chart two (Kroger et al Figure A)Chart three ( Kroger et al Figure …show more content…

Colleges spend too much money on relatively frivolousexpenses—such as building luxury dormitories and other nonacademic facilities—to justify thetuition hikes (Issues ad controversies). Not only that but several colleges make it a requirementfor students to spend their first year as freshmen living in campus, which is incrediblyunnecessary for the students as well as ridiculous of the college to request taking in mind howhigh tuition costs are already.Education does not require a hundred thousand dollars to achieve when there are so manyways to learn, the principal one being experience. Majority of people make the argument thatyou will need to attend college if you wish to be a medical professional or a teacher, and ofcourse there is some truth to that, but the reason why that is an argument is not because of the“college experience” but because of the educating that comes along with it which can be soughtafter independently without the need to pay as much as colleges and medical schools wouldcharge. Education is important, which is why it is also important to get educated financiallyagainst college tuitions and realize that it is not a sound investment for the mere fact that it takesos much time and money for which majority of people are never fully

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Thesis Driven Essay The article titled “Even for Cashiers, College Pays Off” by David Leonhardt is an article that tackles the different reasons why skeptics and critics think spending money and time in college wasting. Despite the advantages that have been experienced by America in comparison to Europe, it does not make sense having to explain why college education for the masses is a noble and profitable venture. The reasons among which are quoted by those opposing and critics is that it is an expensive venture. This might be true but it results in self improvement which is very valuable and not quantifiable in terms of price and can result in a good job which will, in turn, result into more money.

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Whereas the author, David Leonhardt, explains, “Is College Worth It”. It discusses the fact that as the economy grows, so does the technology developments; it is important for college graduates to pursue careers that will help them in the long run. A college education is essential for the economy and the student itself as it will allow them to pursue a career that will benefit their lives. Having no college degree will affect a person’s career in the future. In the economy today, workers strive to perform their best when it comes to having a raise, so that they can support themselves or their loved ones.

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As a college student who is currently spending thousands of dollars to further my education and achieve a career goal, it was, at first, disheartening to read Caroline Bird ’s essay “College is a Waste of Time and Money”. However, after thoroughly examining her points, I now see that her essay is illogical. In her piece “College is a Waste of Time and Money”, Caroline Bird argues against the idea that “college is the best place for all high-school graduates” (1); in other words, college isn’t for everyone. Throughout her writing, Bird supplies her readers with evidence that explains how, for some individuals, college is a waste of not only time and money, but of intellectual effort, as well.

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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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1994 Words | 8 Pages

And in between, students are driven to take low paying and high paying jobs against their own consent, their interests are altered, personal decisions must be taken according to financial situations, and people dare to reject education (Choi, 32). Student loan debt weighs on billions of shoulders in the world and it is nearly impossible to be oblivious to all the harm that it has done and all the factors it takes part in affecting that it shouldn’t. If awareness could be raised and colleges would only consider to at least reduce tuition rather than eliminate it, that would still help do the nation well and commence improvement. An education must serve to inspire imagination and to motivate creativity in as many fields as possible. A society that is excellent is a society that presents opportunities for each and every member.

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1496 Words | 6 Pages

College should be free in the United States for multiple reasons. These reasons include, but are not limited to, the following. College is too expensive for the majority of the population of the United States. If college was free, it would let people explore their horizon, and have an easier time finding a desirable career. College has been proven to be effective, and even shown to have been working in the united states for over 100 years.

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College is excessively romanticized until the cost and workload is understood. There has been an abundant amount of evidence

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From the time we start our careers as students in school, we are told that in order to gains success in life we must attend college. That after high school, college is no doubt the next step we should be taking. Yet, for most students that are not wealthy this goal is almost unattainable. If the majority of students can’t afford tuition, then why is the tuition rate so high? Its certainly not an accident.

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1328 Words | 6 Pages

Reducing College Tuition College can either be a rude awakening for some students or it can be an opportunity for higher learning, but the goal is the same: to obtain a higher education and become successful. The purpose of college is to open people’s minds to new thoughts and ideas. Higher education offers knowledge and wisdom, but most of all, it offers experience, which is what people look for and desire when they think about attending college. Unfortunately, there is just one barrier keeping people from obtaining higher education, and that barrier is the price tag of college tuition.

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817 Words | 4 Pages

According to the New York Times, “about two-thirds of bachelor’s degree recipients borrow money to attend college, either from the government or private lenders, according to a Department of Education survey of 2007-8 graduates.” On average since 1980, college tuition prices rise 7% a year. In comparison, the inflation rate is just 3.2%. But we have to remember that as long as the demand for higher education continues to rise, the price will also rise. In order to pay for the absurd prices of higher education, students should not have to end up turning to loans.

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565 Words | 3 Pages

At (blog.uncollege.org) it says, “The cost of college has skyrocketed in recent years. Attending a decently ranked university can easily cost upwards of $100,000.” Some People thought of not spending money on college but to go skip and go straight forward into life. But what I’ve seen in the success of college, are things that you earn and get rewarded for and you live life way easier. There is more to it than just getting a great job and getting more money after you graduate from college.

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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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407 Words | 2 Pages

Even though tuition costs have increased by 1,225% since the past few decades, the weekly earnings are higher, the majors provide a decent amount of money, and overall you live a better life. Even though the cost of college is so expensive, there are lower unemployment

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901 Words | 4 Pages

There is many people that go to college, but because of the cost they don't get through college. The elevated costs of college cause not only students to struggle paying for college, but also to struggle financially paying for college when they are done. In many cases, after graduating, young adults who don’t find a job will become poorer, increasing the gap between the rich and the

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Some college students are working part-time jobs and are full-time students. Perhaps, working through college will not always cover all of a student's education expenses including books, supplies, room and board. If free tuition is given, students will have further time to educate themselves. Moreover, college tuition and prices are at an all-time high. Each year, prices are rising higher and higher.

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