Education : The Solution For Societies Essay

746 Words Dec 10th, 2016 3 Pages
In today’s society, many view education as the solution to societies’ problems. In the United States, officials will say that every man, woman, and child have access to abundance of educational opportunities after high school, but there are certain costs which may or may not show their effects till afterwards. Not everyone will be awarded a scholarship or have a college fund yet they still want to proceed to the next level in their academic career, so they must find an alternative to gain this access to higher education, but there are issues that arise, in most of these cases, in today’s era. Students go in to debt because of high tuitions costs, which continues to increase without rational reasons backing it. The government has sought to increase the number of participants who can access higher education through financial aid programs, which worked but colleges began to increase their tuition regardless. In a Forbes report by Tim Worstall, Senior Fellow of the Adam Smith Institute, writes about how every time student subsidy is increased that the colleges increase tuition by 65% of the amount that the subsidy was increased. In a statement by William Bennett, the 1987 Secretary of Education, argued that “increase in financial aid in recent years have enabled colleges and universities blithely to raise their tuitions, confident that Federal loans subsidies would help cushion the increase” this statement soon became the “Bennett Hypothesis.” What is this extra money being…

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