How finances relate to how much of an education someone can actually obtain.
The article “College is not a commodity. Stop treating it like one.”[1] talks about how a person cannot buy an education as if they would buy a car or a house, which causes me to ask, how much of an education can someone actually receive, from a financial standpoint. From kindergarten to the graduation of high school might seem free, but in reality it isn 't, colleges just don 't bother hiding it. A majority of the people in the U.S do not possess higher educational degrees. I contest why a majority people lack degrees is the cause of, not an educational problem but, a financial one. Banks offer student loans that, consequently, are extremely expensive, there aren …show more content…
Some student loans are received from federal student loans, that is if you fit the criteria. For those that don 't, you have to use something called “Private Student Loans” from banks. Banks like to advertise that their loans may be the smart choice because they 're “affordable” or “flexible” but those terms are broad and vague. They in fact can be costly and in some cases have higher interest rates than 10% like Discover bank.[3] This makes paying for college quite a disaster. Though stated in Hunter Rawlings article that college degrees, “generally leads to higher career earnings”[1], it still deters people from borrowing money. I believe higher education is not pursued precisely because of problems like …show more content…
This happens from the cause of not meeting the requirements or having no knowledge of it. A study done by Nerd Wallet showed that almost 3 billion dollars worth of scholarships, called Pell Grants, went unclaimed[4]. Simply because the student did not fill out a FAFSA form. The reason for this is because 60.7% students think they are ineligible to begin with, 22.9% didn 't have enough information and 18.9% thought it was too much work as presented by Minnesota Office of Higher Education[5]. This relates to Hunter Rawlings article on where he states,
“If colleges are responsible for outcomes, then students can feel entitled to classes that do not push them too hard, to high grades and to material that does not challenge their assumptions or make them uncomfortable.”[1].
I think this applies to FAFSA since a lot of High Schools, like stated above, have priority for high scores. This could mean that they don 't put enough time into letting students know about FAFSA and opportunities for higher education. When then in turn can make a student go find a job to make money instead of getting loans and going to
The article “College is not a commodity. Stop treating it like one.”[1] talks about how a person cannot buy an education as if they would buy a car or a house, which causes me to ask, how much of an education can someone actually receive, from a financial standpoint. From kindergarten to the graduation of high school might seem free, but in reality it isn 't, colleges just don 't bother hiding it. A majority of the people in the U.S do not possess higher educational degrees. I contest why a majority people lack degrees is the cause of, not an educational problem but, a financial one. Banks offer student loans that, consequently, are extremely expensive, there aren …show more content…
Some student loans are received from federal student loans, that is if you fit the criteria. For those that don 't, you have to use something called “Private Student Loans” from banks. Banks like to advertise that their loans may be the smart choice because they 're “affordable” or “flexible” but those terms are broad and vague. They in fact can be costly and in some cases have higher interest rates than 10% like Discover bank.[3] This makes paying for college quite a disaster. Though stated in Hunter Rawlings article that college degrees, “generally leads to higher career earnings”[1], it still deters people from borrowing money. I believe higher education is not pursued precisely because of problems like …show more content…
This happens from the cause of not meeting the requirements or having no knowledge of it. A study done by Nerd Wallet showed that almost 3 billion dollars worth of scholarships, called Pell Grants, went unclaimed[4]. Simply because the student did not fill out a FAFSA form. The reason for this is because 60.7% students think they are ineligible to begin with, 22.9% didn 't have enough information and 18.9% thought it was too much work as presented by Minnesota Office of Higher Education[5]. This relates to Hunter Rawlings article on where he states,
“If colleges are responsible for outcomes, then students can feel entitled to classes that do not push them too hard, to high grades and to material that does not challenge their assumptions or make them uncomfortable.”[1].
I think this applies to FAFSA since a lot of High Schools, like stated above, have priority for high scores. This could mean that they don 't put enough time into letting students know about FAFSA and opportunities for higher education. When then in turn can make a student go find a job to make money instead of getting loans and going to