For many students who are in high school dream about furthering their education and going to college. That is a dream for many students because they want to have a very successful life. This dream tends to be impossible for those students who are in the low and middle class range. The expense to go to college tend to be too much and makes those students who want to go are put into a deep whole of student debt. Going to a college in America is expensive yes, for those who are in a low-income home they do give us financial aid but that is just not enough. Those students who find them self in middle class income get nothing and they must pay for everything out of pocket increasing the student loans they need to take out to cover the expenses.
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For those students who plan to go to school they will receive some type of financial aid depending on their income. Those students who are receiving financial aid they receive federal money to help pay for school and it is given to the student as a grant. In the book Paying the price: college costs, financial aid, and the betrayal of the American dream by Sara Goldrick-Rab she talks about many factors of financial aid for students. It states: “Passage of the Higher Education Act of 1965 dramatically increased federal investment in higher education and provided grants and loans for those students attending a public or private college.” (p.13) In this you can understand that they tried to make going to college affordable and it is still in use today. Something that we need to understand is that this act was passed in 1965 and that was a time where there were many movements taking place. Take this in an Economic perspective times have change and our economy has changed. What is really the point of having these federal grants when it only covers so much. In the same book, Sara writes, “Some even as whether since college credential result in increased earnings, we should subsidize college participation for anyone.” (p.12) College seems to cost a led and an arm, but what really is the payout. There must be a way to lower the cost to make going to college so accessible for those who want
For those students who plan to go to school they will receive some type of financial aid depending on their income. Those students who are receiving financial aid they receive federal money to help pay for school and it is given to the student as a grant. In the book Paying the price: college costs, financial aid, and the betrayal of the American dream by Sara Goldrick-Rab she talks about many factors of financial aid for students. It states: “Passage of the Higher Education Act of 1965 dramatically increased federal investment in higher education and provided grants and loans for those students attending a public or private college.” (p.13) In this you can understand that they tried to make going to college affordable and it is still in use today. Something that we need to understand is that this act was passed in 1965 and that was a time where there were many movements taking place. Take this in an Economic perspective times have change and our economy has changed. What is really the point of having these federal grants when it only covers so much. In the same book, Sara writes, “Some even as whether since college credential result in increased earnings, we should subsidize college participation for anyone.” (p.12) College seems to cost a led and an arm, but what really is the payout. There must be a way to lower the cost to make going to college so accessible for those who want