The cost of attending a college has tripled to be exact 1,122 percent since 1978 (Keith Ellison). According to her, these tuition rates have made college more expensive than any other time in U.S. history (Keith Ellison). Attending just a year of college is more than 30,000 dollars, and it matches with what most people make here in one year. Seeing a huge increase in cost many undergraduates and even parents get trapped in a huge amount of debt. For example, I have seen many of my friends take out loans without even thinking what it might do to their finance. In 2015, 38 million American students owed more than $1.3 trillion in student loans (Keith Ellison). There are also cases where undergraduates go to an expensive educational institution just because that …show more content…
Several people in the United States stop going to college because of the money issues to pursue their goals ahead. In addition, I have so many friends that did not know about financial aids until they were juniors and seniors. According to Bill Gates, the U.S has the maximum college dropout rate. He also says that America is number one in terms of people who start college but number twenty in terms of people who finish college (Bill Gates). The government fund would be the best option here to make America educated. To back me up here Mr. Obama suggested the same thing that college should be funded by the federal government and participating states (Barack