Outliers are extraordinary individuals who did not need college to be successful in the first place. In the past it was an honor and a privilege to go to college and only the wealthy families were able to send their kids. Today times have changed and college is no longer an option but it is essential, however, due to the huge financial price tag that comes along with a four year college degree, it is making it almost impossible for American kids to go to college. Students face the uncertainty of graduating and not being able to find a job in today’s competitive job market. In addition, not all American kids are cut out for college. College is for certain kids who are focused, ambitious, ready to learn and they know what they want in life, but it is not for most of today’s generation because kids are indecisive, not focused, do not care about school and most importantly have not decided on a career path. Students really need to think twice before choosing to attend college.
Therefore, many students have to turn to college loans to help cover the cost of higher education. According to the Ivory Tower documentary video it states student loans for …show more content…
The soaring tuition cost seems to be growing at a rate higher than the general inflation of the economy. What this means is higher tuition fees are leading to more debt for students. The article in The Economist “Is College Worth It?” The Economist talks about the value of college, and explains, “What is not in doubt is that the cost of university per student has risen by almost five times the rate of inflation since 1983, and graduate salaries have been flat for much of the past decade”. In other words, students are having trouble finding high paying jobs once they graduate to pay back that debt. It is no wonder why young people are thinking twice about going to
Therefore, many students have to turn to college loans to help cover the cost of higher education. According to the Ivory Tower documentary video it states student loans for …show more content…
The soaring tuition cost seems to be growing at a rate higher than the general inflation of the economy. What this means is higher tuition fees are leading to more debt for students. The article in The Economist “Is College Worth It?” The Economist talks about the value of college, and explains, “What is not in doubt is that the cost of university per student has risen by almost five times the rate of inflation since 1983, and graduate salaries have been flat for much of the past decade”. In other words, students are having trouble finding high paying jobs once they graduate to pay back that debt. It is no wonder why young people are thinking twice about going to