The minimum wage and “crappy jobs” associated with it should be something that people strive to work themselves out of through education and a strong work ethic. Ideally, people get “crappy” minimum wage jobs as teenagers still in high school, and the experience teaches them to work hard and apply themselves in school, so that they don’t have to work at that “crappy” job
I would classify my family as middle class so money is definitely an issue when thinking about college. I have a decent amount of money in the bank saved up for college from my grandparents. My parents and grandparents will contribute by helping pay for my college, and I will be working a job while in college. The price of tuition is a huge deal!
Honestly, I have never planned on going to college in my life. When I get out of school I have a business waiting on me. My father’s occupation is a cowboy, he works cows in all four states (Arkansas, Texas, Louisiana, and Oklahoma) and even out of the four states sometimes. I’ve been working cows with my dad since I was 4 years old. It is an occupation I am very educated in.
Also, in the past 65% of baby boomers with student loans still carrying debt for their own education. Only a few students can afford to attend a university without getting help to pay for college through loans from the government, family, or banks or even two or more. It is also reported that a moderate college budget for an in-state public college for the 2017–2018 academic years averaged $25,290. A moderate budget at a private college averaged $50,900 the average student loan debt is $37,172 per student. Even if a student doesn't complete the credits need to obtain their chosen degree students are still required to pay for the loan in full.
College classes are going to be much more demanding and have a lot more works than most classes in High School do. I am able to work at least five hours a day, and still get all my homework done in the same night and I never go to bed any later than eleven. I am a workaholic though, and I feel like I need to be working to stay busy, or I would probably get in trouble. In College, I will not be able to work as much as I usually do, therefore, I will not be able to make as much money as I am used to. If I don't have as much money as I am used to, there is no way I will be able to spend as much money as I like.
First of all, college increases one’s annual income and salary. This is because higher paying jobs often require a college degree and only consider applicants who have one. According to the Bureau of labor statistics, workers with a Bachelor's degree earn a median of $1,326 a week meanwhile, workers with only a high school diploma earn an average of $668 a week. This proves that a college degree does make your wallet thicker and almost
Many kids do not have the privilege of having their college education paid for by parents or through scholarships, therefore, causing more student debt. Paying for college can be very overwhelming and stressful, but if I take my time and plan ahead I can eliminate the feeling of stress. I believe it is very important to have a plan before I head off to college. I cannot go away thinking that mom and dad will be able to pay for everything.
But for many families the high cost of college streches budgets to the limit and forces students to take on increasing amounts of debt (“ Reasons To Save For College”). By saving money and hopefully having good savings you could easily save yourself a couple thousand dollars by just simply planning and saving for
So many successful adults till this day are paying back their college debts. Over the years, some are able to pay back their debts in college and others are not able to and are still struggling, due to having to pay other debts that they may have. In some cases, some people drop out of college just so they will not have to owe so much money, but to drop out for that reason is not good. There are several of ways to stay away from college debt and that is getting scholarships, saving money before going into college, and also attending a community college instead of jumping to a university. College debt is a large amount of money that a college student will have to pay back within a certain amount of years after graduating.
Paying for college isn 't a simple process, but with the right resources, you can support your education in the best possible way. Let’s take a moment to figure out what options you have. As you prepare to go off to college, it’s very important to remember that the prices you might see listed for colleges is not the price you will have to pay. Most students will see these sticker prices and won’t even try applying for them.
Many opponents to raising the minimum wage might protest that those working a minimum wage job are often teenagers without anyone to support, the study by the Economic Policy Institute has found that perhaps those who benefit most from a raise in the minimum wage are the children of minimum wage workers. The study states that, “The workers who would receive a raise do not fit the stereotypes of low-wage workers: Among affected workers, the average age is 35 years old, nearly 88 percent are at least 20 years old, and more than a third (34.5 percent) are at least 40 years old. Of affected workers, about 54 percent work full time, about 69 percent come from families with family incomes less than $60,000, and more than a quarter have children. The average affected worker earns half of his or her family’s total income,” (Cooper). The image of a minimum wage worker is very skewed by opponents of a raise in the minimum wage.
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.
The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.
College is also a great investment on life. The University of North Texas in their article “Why Go to College?” says, “The average four-year college education at a public university in Texas (instate tuition and fees) costs about $19,434 - less than the average price of a new car. You’ll get more mileage out of a college education than you will from a car... you and your parents should consider those four years as a lifetime investment, not just as annual expenses for job training.” Even though you are paying around the same amount as a car, unlike a college education a car will eventually break down on you and you’ll have to spend another $20,000 for a new
Students face various challenges throughout their college career. Thus, the problems that students have can range from balance, new lifestyle, to financial problems. Therefore, finding a balance between being a student, possibly working, and keeping up with their social life is a necessity. Similarly, others are away from home for the first time thus, they have a new responsibility with being on their own and findings ways to deal with homesickness. Likewise, being exposed to new financial situations is yet another challenge college students will need to learn how to cope with.
