What Role Does Money Play In Education Essay

Superior Essays
Take a moment to contemplate this question: Can two students of the same age from two different economics statuses receive the same type of education? Many people would argue yes. On paper, all that is needed to receive a good education is a teacher who has knowledge and a student who is ready to learn. Unfortunately, it is not that simple. Education requires the right resources and programs. The only way schools can receive these necessities is if they have the funds to afford them. This is where a grave problem in the educational system becomes apparent. Currently, money plays a large role in education because schools need supplies and staff, certain tests need to be taken, and students wish to get a college degree.
Let us begin by
…show more content…
From this, we can see that students wish to learn. To successfully educate students, schools need funding. They need funding to hire enough qualified teachers and receive the materials needed to teach every student. When one reads the constitution, they will find that school funding is a responsibility of the state. In the year of 2013, New York spent roughly $17,000 on every students’ education. On the other hand, California only spent around $9,000 per student. By gaining this knowledge, one can realize that a state’s economic status greatly affects a student’s education. The amount of money that schools receive from the state determines what texts they can afford and what staff they can employ. Low amounts of money result in overcrowded schools. Remember how Tagore spoke about how a child’s brain is always growing and questioning the world. When the teacher to student ratio is off, the students do not have the opportunity to ask questions. Aside from staffing schools, money also determines the texts that will be used to teach the students. A mother named Meredith Broussard went forward in an attempt to find out why her son …show more content…
On average, private universities cost about $32,405, in-state public universities cost about $9,410, out of state public universities cost about $23,893, and community college costs about $3,3347. Any way it is looked at, students must pay to attend college. There are things such as financial aid and scholarships that can help students pay for college. However, it is rare that financial aid and scholarships with cover all expenses. Due to the college tuition being so steep, some students do not have the opportunity to attend college or drop out because of financial issues. Students who do attend college commonly have student debt. Students accumulate student debt by receiving loans from universities so that they can afford to stay enrolled. These loans generally come with an interest rate as well. The average student debt for students who graduated in the year of 2014 was $33,000. College tuition and student loans are such a big concern that the current presidential candidates are focusing on them within their campaign. The democratic nominee, Hilary Clinton, spoke out about college debt having interest rates by saying “it is outrageous that young people are being asked to pay interest rates that are so much higher than interest rates to buy a house (Clinton).” It is evident that requiring students and their parents to pay high amounts of money to attend college is a concerning

Related Documents

  • Improved Essays

    The state gives each school the basic necessities, it is here where the individual schools need to utilize these funds and provide the best education for their students. Simply they can provide a better education to their…

    • 966 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    As previously stated, each year, US government education budget is analyzed to justify a decrease in funding. When this occurs, the results are crippling to American public school education. As a result of decreased funding, current educators cannot be compensated and potential educators cannot be employed. Current textbooks, computers and other equipment essential to the education field cannot be purchased and antiquated textbooks, computers and other equipment cannot be replaced. The morale of educators and administrators dramatically decreases with a defunded education budgets and the quality of instruction provided by educators suffers.…

    • 991 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Having a great education is beneficial to have In the long run. It helps you with finding better-paying jobs; apply the skills you learned from college into your career and shows employers that you are capable of being trained to work on the field. But on the contrary, the cost of getting a college degree is becoming more expensive. Although paying through scholarships or having a family with disposable income makes it more accessible, the majority of students pay off their tuition with federal loans. Consequently, after students graduate, they end up with tremendous loan debt and has to pay it after a couple months.…

    • 158 Words
    • 1 Pages
    Improved Essays
  • Improved Essays

    Public school funding has been an ongoing issue for years. No matter how wealthy the district is, there can be an issue for all when the funds are not distributed fairly. Without enough funds from the government, schools cannot provide adequate supplies for the classroom, cannot provide sufficient transportation cost and cannot pay salaries to those involved in the school district such as teachers and administration. Public school funding also helps provide reduced and free meals to students who qualify. What a lot of people don’t know is where all of this money is coming from and who is paying for it.…

    • 1095 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Poverty In Public Schools

    • 485 Words
    • 2 Pages

    Public schools have to confront the challenges that they face when they go into poverty. These types of schools have to fend for themselves as they have been left behind by the school system. Schools are lacking in resources and so the students are also left behind as well. They are stuck with their outdated textbooks, and teachers have to pay for school supplies out-of-pocket. As a result of this, teachers have to find a way to get students their supplies without having to spend too much.…

    • 485 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    But students can not survive unless the root of the problem is solved. Administrators could improve and expand departments if they had more money. Teachers could teach challenging classes without making it a show and could grade the students harder. Student’s wouldn’t have to work so they’d have more time to study and be social. Maybe they could prepare them for the modern world, if they had more resources that were made available.…

    • 1607 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Student Debt In College

    • 534 Words
    • 3 Pages

    Many people use student loans to finance their educations. These can be very helpful when it comes to paying for an education. However, many students are getting trapped by student debt. In light of this, young people who are heading off to college should consider all their options before borrowing money. Here are five facts that incoming college students need to know about student loans.…

    • 534 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Student Debt Economy

    • 1818 Words
    • 8 Pages

    Student Loan Debt and the Economy Ever since the idea of going to college was created students have always worried about how they were going to pay for it. In 1958 the government thought of a solution and the first federal loans for college were introduced (New America Foundation). shortly after former students started to struggle with paying them back, 57 years later students are still fighting the same battle. with interest rates and the costs of tuition rising students are still encountering the same hassle if not even worse.…

    • 1818 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Most students end up going to very expensive schools and get up to their eyeballs in debt. According to the Institute for College Access and Success, “Seven in 10 seniors (68%) who graduated from public and nonprofit colleges in 2015 had student loan debt, with an average of $30,100 per borrower. This represents a 4% increase from the average debt of 2014 graduates.”…

    • 885 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    In today’s American society, the average college graduate leaves college with a whopping $37,172 in student loan debt. Crippled by constant payments, many struggle to keep up with payment plans. On top of that, federal student loans encompass an interest rate, which has a limit of 8%. Because the interest rates are so high, graduates can end up paying double the original loan amount. Coming from a large family, I have had first hand experience with the effects of student loans, and what it can do to a blossoming individual looking to start a new life.…

    • 822 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    While biting her lip, she finally breaks the news “We’ve run out of money to pay the students.” It’s a highly debated topic on whether children from elementary up to high school should be paid for good grades. However, they certainly should not. Simply, there is not enough money to go around. Schools will become more of a business transaction, as well as children not being able to develop their intrinsic motivation.…

    • 634 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The government needs to consider other areas of their budget to cut in order to ensure more funding to schools. Tax payers and voters also need to vote yes on renewals, replacements, and even new levies. By doing all these, schools will receive more funding. This funding can help enrich the school district’s academics, but it can also boost teacher pay. Teachers are merely overpaid, yet they are underpaid.…

    • 1622 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    In 2013, 69% of students graduating from a college had an average debt of $28,400, (projectonstudentdebt). Practically forcing the students to be an indentured servant for many years. Why is this figure so high? Many components can be brought forward when asking this question, although the biggest factors are inflation, rising student attendance in colleges, and colleges operating…

    • 1086 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Student Debt Essay

    • 1168 Words
    • 5 Pages

    Game of Loans Education should not be a debt sentence. However, according to Mark Kantrowitz in The Wall Street Journal, the average student this year will have to pay back more than $35,000 in student debt (Sparshott). Statistically, that is more than buying a new 2016 car or truck, which averages around $33,560. For a college student that is just graduating and makes less than 30K a year, that is outrageous!…

    • 1168 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Each year the cost of higher education goes up, schools find a way to charge more for something new. Most 18 year olds in America go to college to get a good job. That is why this country’s’ students have racked up 1.1 trillion dollars in debt. People say you cannot put a price or value on education, but a four year degree at a United States college racks up to at least 60,000 dollars. The price of college has risen more than four times faster than inflation since 1978, but most of this money hasn’t gone toward the betterment of education.…

    • 2322 Words
    • 10 Pages
    Improved Essays