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Student Paid Analysis

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A person with a college degree can earn twice as much money as person who only graduated from high school. High school graduate 's average salary is $27,915 and for College graduates with a bachelor 's degree is $51,206 (U.S, Census Bureau). In 2013 there was 65.9% high school graduated that went to college or universities. Everyone 's parent want their kids to go to college, going to college can give you more options and live a better life. Going to college has became more and more important throughout the years. Most good jobs today will require as least a college degree. There are different types of college degrees, associate, bachelor, master, doctoral, and professional. The higher you education the more many you can earn. Associate 's degree is an undergraduate academic degree awarded by colleges and universities upon completing 60 credit of courses, which is around two years. A bachelor 's degree is a four-year degree (120 credits), which takes four years of full time study to obtain. Master 's is the first level of graduate study. You will need to have an undergraduate degree before you apply for a master 's degree. This takes 1.5 to 2 years to complete. …show more content…

Most people don 't go to college because of the cost of it, but there are actually many funding out there that can help a student pay for colleges. There are many different types of funding the government set up for students that cannot afford to go to college, like scholarships, grants, federal loans and private loans. Scholarships is a grant or payment made to support a student 's education, awarded on the basis of academic or other achievements. A grant is a money that is given to the student by an organization or government. The two types of loans are federal loans and private loans. Federal loans are money funded by the federal government, and private loans are nonfederal loans, that are given by banks or schools. These money you have to pay them back in a certain period of time after you

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This route is chosen because the belief has been that a college degree insures a higher income. According to the National Center for Educational Statistics, a college degree accounted for $15,000 in additional income per year versus a high school diploma ($30,000 versus $45,000). Over a thirty year career, that equals a $450,000 difference. There are drawbacks

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544 Words | 3 Pages

The fact that not everyone needs to go to college is the main point that Stephanie Owen and Isabel Sawhill write about in great detail throughout their essay. Even though the authors do say that people that go to college usually earn more, they state that this is on “average,” and that the key focus of their essay is to focus on those that the benefits are not greater than the cost of going to college. (Page 211, Paragraph 1). They also include a graph right under the text that shows how “on average” people with a college degree earn more than those that are just high school graduates. (Page 211, Figure one).

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It seems that more and more with the rising cost of education, that students have to rely on financing their education so that they can afford tuition every semester. This is no surprise as tuition has increased an average of 7% a year for the last couple of decades. Let's face it, college is just expensive. So unless we work 50 hours a week, or manage to get lots of scholarships and go to a cheap school, we're probably going to have to have some sort of student loan. Most of the time college students will get subsidized or unsubsidized Stafford loans.

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Opposingly, Source 2 states, high school graduates make less than the four-year degree graduate. But in fact, high school graduates can make up to 62 percent of what a college graduate can. Especially since most of it did not toward the rising college tuitions and exponentially high rate of student

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482 Words | 2 Pages

The first reason is the rate of return on education. Owens states that “researchers have completed the best studies in regards to the salary difference between a high school and college graduates.” The researchers suggest that the raw earnings between a high school graduates and

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183 Words | 1 Pages

College is very expensive, most parents cannot even afford to send their kids to college. That is why you have things like FASFA (Free Application for Federal Student Aid), Scholarships, grants, sub/unsubsidized loans, and private loans. All of these sources are to help pay a percentage if not all of your schooling costs. But, applying for these sources is not that simple. There can be a number of things that could affect the amount of money you can receive, the most common is credit.

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According to Andrew J. Rotherham’s article “Actually, College Is Very Much Worth it. ”he states, “Meanwhile, in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent for college graduates.” The data Rotherham provides shows that even with some college education, you have a higher chance of getting employed than those with just a high school degree. The one group that outweighs all the others is the college graduates proving that with a college degree unemployment is less likely to befriend people who do pursue college. Some people might say that there are loads of jobs that do not require a college degree, especially in this time and age.

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948 Words | 4 Pages

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.

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291 Words | 2 Pages

Someone with an associates degree earns a third more than a high school graduate. A master’s degree earns more than double than a a high school graduate. One with a professional degree earns 60 percent more than a bachelor’s degree. Education pays more than the average job. Some people believe that the American Dream is about money.

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565 Words | 3 Pages

The money that you need for your necessities. From (aie.org) it says, Economists say higher education comes with an earnings premium. What does that mean? For employers, a degree or certificate means greater expertise, something they’re willing to pay for more. According to the Bureau of Labor Statistics, a person with a bachelor’s degree can earn as much as a $1 million more over a lifetime than someone with just a high school diploma”.

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750 Words | 3 Pages

To begin with, going to college can help people gain greater wealth. In the article, “Five Ways Ed Pays,” its stated that “you can earn up to 22,000 more per year” (“Five Ways Ed Pays”). High school graduates will have a much harder time finding high paying jobs without a

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They think they don't have to pay it back but they do and that's why it takes so long to pay back. There is grants you can also receive in getting money for college. Some kind of grants you can get is Federal Grants. You can get a federal grant if you are a student attending a four year college or universities, community college or a career school. How you can get federal grant is that students are awarded to students with financial need or know as parents that don't have a great job.

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300 Words | 2 Pages

Graduation form college can make huge impact in the life of a college graduate. First, One of the difference that it makes is the your earnings, According to politifact.com A high school dropout makes on average $19,000 a year, a high school graduate

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1301 Words | 6 Pages

Students who are graduating from high school are the targeted audience the U.S Department of Education is trying to reach and assist. During college, students will have to meet other requirements to remain eligible for FAFSA. The financial aid provides grants, loans, and work-study up to $5,290, which will decrease college cost. Parents needed to fill tax information and the particular financial circumstances their family face on a yearly platform. FAFSA can be obtain on the internet worldwide and services are available 24/7 daily, except on Sundays.

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828 Words | 4 Pages

College expenses have a major effect on whether or not a person will attend. Some people may think it’s too much money being invested all the while you still go through debt. Some may think it’s inexpensive because they either come from a good line of money and or their families have put money away for years for them. Then there are the people that qualify for scholarships and benefits. What are college expenses?

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