The National Center for Education Statistics dedicated time and research to find out the approximate number of American students that attend a college, “In fall 2016, some 20.5 million students are expected to attend American colleges and universities, constituting an increase of about 5.2 million since fall 2000” (Fast Facts). An approximate 20.5 million people are going to walk into a classroom in order to better and educate themselves in a collegiate setting. The average student is spending a large sum of money for that education which has been averaged by college advisors at Collegedata.com, “average cost of tuition and fees for the 2016–2017 school year was $33,480 at private colleges, $9,650 for state residents at public colleges, and
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The fear of debt is the main cause why students turn away from schooling. Throughout high school, students learn about the effects of debt and the ways it can take hold of your life. Jim Gallagher, a writer for the St. Louis Post shared his thoughts on the issue of debt within schools, “High school students see their parents struggling to pay debts (North County has some of the region's highest foreclosure rates). They hear about new college graduates who can't find jobs or make their loan payments” (Gallagher). Students become too scared of debt to try to climb the economic ladder through education systems. An interview held by a student writer at Arizona State University sheds some light on some students thoughts and consequences of student debt, “Beyond tuition, the cost of books, parking and food weigh on most college students. Hudson decided to take more hours at her job as a waitress and hostess to help cover these costs. She dropped several classes last semester because her financial burdens caused her to grow anxious and lose attention in her studies, she said …show more content…
Top universities control a substantial amount of wealth that flows from multiple facets within the schools. An ESPN article gives some values regarding the revenues of some school’s athletic departments which range from 8 million dollars to 130 million dollars (ESPN). It is known that universities contain billions of dollars individually, which can allow for the risks of lowering the rates of tuition. The thousands of articles written by students that cannot afford college or are too scared to try to pay for the education would be given the opportunity to enroll. The spike in enrollments would give the universities the ability to still obtain a financial wealth, as well as a wealth in the amount of students on their
The fear of debt is the main cause why students turn away from schooling. Throughout high school, students learn about the effects of debt and the ways it can take hold of your life. Jim Gallagher, a writer for the St. Louis Post shared his thoughts on the issue of debt within schools, “High school students see their parents struggling to pay debts (North County has some of the region's highest foreclosure rates). They hear about new college graduates who can't find jobs or make their loan payments” (Gallagher). Students become too scared of debt to try to climb the economic ladder through education systems. An interview held by a student writer at Arizona State University sheds some light on some students thoughts and consequences of student debt, “Beyond tuition, the cost of books, parking and food weigh on most college students. Hudson decided to take more hours at her job as a waitress and hostess to help cover these costs. She dropped several classes last semester because her financial burdens caused her to grow anxious and lose attention in her studies, she said …show more content…
Top universities control a substantial amount of wealth that flows from multiple facets within the schools. An ESPN article gives some values regarding the revenues of some school’s athletic departments which range from 8 million dollars to 130 million dollars (ESPN). It is known that universities contain billions of dollars individually, which can allow for the risks of lowering the rates of tuition. The thousands of articles written by students that cannot afford college or are too scared to try to pay for the education would be given the opportunity to enroll. The spike in enrollments would give the universities the ability to still obtain a financial wealth, as well as a wealth in the amount of students on their