The True Problem isn’t the Cost
College is getting more and more expensive every year. With rates exceeding 5%, in 15 years costs are predicted to more than double. Right now, many students can’t do much to change their future financial position. Americans seem to be at a stalemate: either go to college and take on the burden of debt or go without higher education and potentially limit your options. Not getting an education can limit you, and taking on crippling debt is never a good thing. But what about a third option? Students can take a different route to gaining a higher educated. By exploring other options, students can still get the higher education they want without having to choose between the lesser of two evils.
Right now with the …show more content…
Instead of what everyone else does, we need to be different. Instead of going to the place we want, we may have to go to a cheaper place. The idea that where people go to college matters for your future is completely untrue. Thomas Stanley, who wrote The Millionaire Next Door did a study of decamillionaires. Stanley found 38 correlating statistics among these decamillionaires; whether a character quality, demographic difference, marital status, education, etc. He ranked them in order of probability for success. The number one factor was colossal levels of integrity. They’re not the evil capitalists, some make these people out to be. In the top 5 correlating factors, education wasn’t there. He found that having a successful marriage over time was a better predicting factor than where an individual went to college (Ramsey 2014) Carol Hymowitz backs this up with a study she published in the Wall Street Journal. (Hymowitz 2006) She found that most of the fortune 500 CEOs and CFOs had degrees from state schools. This proves that even some of the most successful people didn’t go to a fancy or overly expensive school. Near the bottom of Thomas Stanley’s list was G.P.A. Stanley provides everyone with a great list of the real reasons people are successful, not what everyone else thinks makes successful …show more content…
Community colleges are almost always more economical than public or private schools. Getting a 2-year degree at a community college will allow students to get out general education credits. Once finished, these students can transfer to larger schools. It may be a hassle, but with the cost of public schools so expensive it 's worth the 10-20 thousand these students would save. Pursuing higher education isn’t a bad thing, but making sure that students aren’t burying themselves in debt is also important. By going on a different path, later these individuals will be in a different stage of life than those still paying off student
College is getting more and more expensive every year. With rates exceeding 5%, in 15 years costs are predicted to more than double. Right now, many students can’t do much to change their future financial position. Americans seem to be at a stalemate: either go to college and take on the burden of debt or go without higher education and potentially limit your options. Not getting an education can limit you, and taking on crippling debt is never a good thing. But what about a third option? Students can take a different route to gaining a higher educated. By exploring other options, students can still get the higher education they want without having to choose between the lesser of two evils.
Right now with the …show more content…
Instead of what everyone else does, we need to be different. Instead of going to the place we want, we may have to go to a cheaper place. The idea that where people go to college matters for your future is completely untrue. Thomas Stanley, who wrote The Millionaire Next Door did a study of decamillionaires. Stanley found 38 correlating statistics among these decamillionaires; whether a character quality, demographic difference, marital status, education, etc. He ranked them in order of probability for success. The number one factor was colossal levels of integrity. They’re not the evil capitalists, some make these people out to be. In the top 5 correlating factors, education wasn’t there. He found that having a successful marriage over time was a better predicting factor than where an individual went to college (Ramsey 2014) Carol Hymowitz backs this up with a study she published in the Wall Street Journal. (Hymowitz 2006) She found that most of the fortune 500 CEOs and CFOs had degrees from state schools. This proves that even some of the most successful people didn’t go to a fancy or overly expensive school. Near the bottom of Thomas Stanley’s list was G.P.A. Stanley provides everyone with a great list of the real reasons people are successful, not what everyone else thinks makes successful …show more content…
Community colleges are almost always more economical than public or private schools. Getting a 2-year degree at a community college will allow students to get out general education credits. Once finished, these students can transfer to larger schools. It may be a hassle, but with the cost of public schools so expensive it 's worth the 10-20 thousand these students would save. Pursuing higher education isn’t a bad thing, but making sure that students aren’t burying themselves in debt is also important. By going on a different path, later these individuals will be in a different stage of life than those still paying off student