The rising of tuition has affected students and graduates in many different ways. Two-thirds of undergraduates use grant aid or student loan borrowing. "In 2011, 4% percent of parents withdrew money from their 401(k) or IRA, and another 1% took a retirement account loan to help …show more content…
Degree fields such as teaching, social work, and elderly care are not studied because these jobs just do not pay enough to repay back students college debt. Nearly one-quarter of grads from public universities carry debt that would be unmanageable with the starting salary of a social service worker. These numbers are even higher for those who went to a private college or university. Today, three-quarters of the fastest-growing occupations require education and training beyond a high school diploma. Nearly half of the students who begin college in this country do not finish within six years. The continuance of rising tuition has put college out of reach for many families that need it most to join the middle class. One generation ago, America led the world in college completion of young adults; now, we rank 13th. In part of the rising costs of college, too many students are unable to enroll or complete high-quality degrees. Higher education is more important but also less affordable than ever