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Increasing tuition costs
Future negative effects of college debt
Increasing tuition costs
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Samantha Nyborg LEAP Writing 2011-05 September 15, 2014 Critique Draft Megan McArlde is a journalist and blogger who focuses most of her writing on things like finance, government policy, and economics. In her article “The College Bubble,” a magazine article published in Newsweek on September 17, 2012, McArlde writes about how the “Mythomania about college has turned getting a degree into an American neurosis” (1). She focuses a lot on the value of getting a college education, and makes an argument that all the time and money spent on earning a degree may not be worth it in the end. McArlde uses several strategies to appeal to her reader’s, and does a great job of effectively using the Logos, Pathos, and Ethos appeals throughout her article.
However, the increasing cost of college education has become a significant burden on the families of students and the students themselves. The factors contributing to the rising cost of college education include increasing tuition prices, room and board expenses, unnecessary fees, higher salaries for university staff, and the demand for higher education. Despite these challenges, states have yet to contribute more funds to help lower-income individuals achieve their higher education goals. The rising cost of college education is a complex issue that requires a multifaceted solution. It is essential to address factors such as administrative spending and the need for better policy in college administrations.
College debt is developing into an immense issue in the United States with about 1.3 trillion dollars worth of college debt across the country in 2015, which is about a 39% increase since 2011 (Redd, 2016; Goldrick-Rab and Kendall, 2014). This debt is not just piled on a small portion of people; according to Redd, “about 10 million college students took out student loans” in the 2012-2013 school year (2016). The average tuition at in
However, the privilege of obtaining an education is becoming increasingly difficult to finance which ironically leaves some college students with the decision to choose between pursuing their dreams or having a meal on a consistent basis. The general perception of students who attend college is that since they are able to afford to further their education, they are inherently privileged and inevitably categorized as part of the affluent demographic within our nation. In contrast, Frank Eltman of the Huffington Post expressed that the majority of students enrolled in a university are ineligible for food stamps despite suffering from food insecurity. Eltman also capitalizes on the statistic that the tuition for public universities has increased an inordinate amount of twenty seven percent in the last five years. However, tuition is not the only expense that students are expected to finance.
Since tuition has risen 3 times higher the rate of inflation in the past 10 years, this increase a student’s chances of not being able to afford higher education and also gives them a better chance of accumulating debt post-graduation. Some people think that the college education they acquired did not fit the amount they paid for it, even if they pulled out loans or were an ideal candidate for a scholarship. This is a scary fact because higher education can determine if you thrive
For example, a past news in 2014, “Adult film star, Duke student talks college affordability”, in her case, even after student aid, she still faced a $47,000 bill to attend Duke University. In an interview with Time magazine in June 16, 2014, She said “Instead of focusing on my decision to perform in porn to pay my tuition, let’s start paying attention to what got me here: artificially inflated demand for college that pushes tuitions sky high”. Therefore, I think we need our government to solve the high tuition problem that is a direct aid for those high-achieving poor students. Learning to use resources is a very important skill.
The cost of college tuition is an enormous problem now days. For a long time, the subject never got brought up and today things are changing. Students study hard and try their best to get that college acceptance letter from their dream college. Students all around the world are struggling with college debt and trying their hardest to receive those so-called ‘perfect’ grades. However, college tuition is not very affordable and is increasing every year.
Studying at university is an expensive investment. Tuition fees have a disincentive effect on the students who from the lower and middle-income families. As Bruenig states the statistice of the college students from the poor and rich families “ At age nineteen, only around 20 percent of children from the poorest 2 percent of families in the country attend college. For the richest 2 percent of families, the same number is around 90 percent. ” Also, most of those students want to achieve better lives so they attend the higher education.
The cost of tuition is an incredible problem in today’s education system throughout the United States because it hinders the people who want to go college but cannot afford to do so. The price of tuition is a burden to those who are actually attending
Society often believes college is a necessary experience for a better future, but I argue that the future will not be any better when student debt becomes a part of life for those who follow that mainstream belief. Most parents often dream of the great colleges and universities that their children will get accepted into; however, they fail to think of the cost to attend those institutions. Financial aids! Financial aids! Yes there are financial aids that students can apply to lessen the student debt.
The financial burdens that college leaves with the families and students needs to be addressed as student loans keep racking up over time. The cost of tuition for colleges has risen drastically over the years and has bounded students to only one or two college choices to choose from and at some points tearing away the opportunity to go to their dream college. However, one reason college has driven up in price is because the value it brings with it’s degrees, but it should not limit those who can not afford the worthy degree. College should be cheaper as it will ease financial burdens and broaden the choices of those wanting to attend
Not having free or low college tuition impacts many people, “between 2011-12 and 2016-17 tuition and fees have increased 9% at four year public schools, 11% at two year public schools, and 13% at
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
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.
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,