Across the country, college dreams are being dashed by rising yearly tuition prices. The increase of annual college tuition prices has become such a substantial problem that the percent of students attending college after high school has dropped from 70.1% in 2009 to 65.9% in 2014 (Is College Tuition Really Too High?). (2) Of course, college is a business, and needs money for upkeep, supplies, upgrades, and salaries for the professors. (6) However, the argument pales in comparison to the facts that are present within the declining number of students going on to college yearly, and the consequences of these declining numbers. (1)Yearly college tuition needs to be lowered to give opportunity to more individuals, and allowing the workforce
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Some may say that letting more students into a college for less money per student would cause the college to lose money, but colleges are actually very wealthy, and could take the hit of a tuition price decrease. In addition to colleges being able to let students in for less money to increase their opportunity, individuals entering the workforce with higher education is beneficial as well. (4) The reduction of year by year college tuition prices would result in more students attending college, causing more educated individuals to enter the workforce each year. If college were cheaper to attend, more students would, and end up entering the workforce as more educated and well rounded beings. According to a study, the demand for college educated workers in many occupations is up to 40% higher than there are available (How 'Upcredentialing' May Close the Middle-Class Path). Also, while the unemployment rate for people without college degrees is 7.5%, the rate for those with a college degree is only 4% (The Massive Difference In Unemployment Between Those Who Do And Don't Have A College Degree). (5) On the other hand, many are pointing out the amount of jobless individuals with college education; however, the wealth of unemployed college educated citizens has mainly to do with the fact that the U.S. is still recovering from the 2008 “Great Recession”. As well as increasing the number of well educated workers in the workforce, lowering college tuition would reduce
Some may say that letting more students into a college for less money per student would cause the college to lose money, but colleges are actually very wealthy, and could take the hit of a tuition price decrease. In addition to colleges being able to let students in for less money to increase their opportunity, individuals entering the workforce with higher education is beneficial as well. (4) The reduction of year by year college tuition prices would result in more students attending college, causing more educated individuals to enter the workforce each year. If college were cheaper to attend, more students would, and end up entering the workforce as more educated and well rounded beings. According to a study, the demand for college educated workers in many occupations is up to 40% higher than there are available (How 'Upcredentialing' May Close the Middle-Class Path). Also, while the unemployment rate for people without college degrees is 7.5%, the rate for those with a college degree is only 4% (The Massive Difference In Unemployment Between Those Who Do And Don't Have A College Degree). (5) On the other hand, many are pointing out the amount of jobless individuals with college education; however, the wealth of unemployed college educated citizens has mainly to do with the fact that the U.S. is still recovering from the 2008 “Great Recession”. As well as increasing the number of well educated workers in the workforce, lowering college tuition would reduce