The Rising Cost Of College

Improved Essays
The rising cost of college is becoming unacceptably high for many families living in the United States making it almost unaffordable without taking on huge loans that are almost impossible to repay. Many people are in enormous debt due to student loans and they have very little income while having to deal with many other things in life. Many people usually drop out of college due to huge amounts of stress, or unaffordable lifestyles since many students make around or near minimum wage. The cost of college is unaffordable to many people unless they put themselves into huge amounts of debt to pay for it.
¨Students usually make around $1200 and that is with help from parents.¨ That is the average income for most students in colleges around the
…show more content…
So many grasps at what they can and when they can to ensure that their institution can keep running up against rival institutions them, such is the way of a free market economy.
I strongly believe that college is already unaffordable because of its high tuition costs and it usually requires some outside sources such as a student loan or scholarships to help pay for it. Many in the middle class can still afford it but even so it will change within the near future for all of us to a point where it is no longer affordable and it’ll become another luxury. Strange as it may be college tuition always seems to get higher as more money flows into the monetary system of the U.S. and not many see the dangers this poses to every
…show more content…
Colleges try to exploit it by raising tuition cost to make maximum profit and do little about those that need help. For many students, it is such a huge financial drain on them that when some are asked for their opinion of the cost of tuition, many agreed that it was higher than it needed to be as they had to find some way to pay off tuition fees and many other expenses throughout the year. Unfortunately, there are no other solutions to solving this problem other than trying to change enormous policies that are held by the federal government, but even to change that could take longer than needed to change if it were up to the citizens of the

Related Documents

  • Improved Essays

    The Ivory Tower Analysis

    • 1141 Words
    • 5 Pages

    More programs, more facilities, more students, more attention, in the end means more tuition. The cost of college has increased quickly in the past few decades than any other service. With funds from the governments being taken away from education, the loan movement began and resemble the subprime housing crisis, giving people debt that their kids will have to repay. Half of our college educated people under 25 are underemployed or unemployed in their field with debt to pay off at high rates. Something should be done know that the fact that 68% of students who are paying small fortunes for their education wont graduate within four years because of distractions that colleges…

    • 1141 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The number of American students in debt keeps increasing day after day. To make matters worse, most of these students happen to come from low income families. So their families are already struggling to make ends meet in their household, but not only that, now they also have to worry about an extra burden upon their shoulders; college tuition. Many students who can't afford to pay these large amounts, usually end up dropping out or putting their careers on hold. According to a statement in the reading, "Almost one in three Americans in his or her twenties is a college dropout, compared with one in five in the late 1960s.…

    • 575 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    College tuition has risen immensely in recent years, in fact, students in the United States tend to spend four times as much money on college than other people in…

    • 1177 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    College Cost Analysis

    • 1133 Words
    • 5 Pages

    And the added stress of working a full time job along with being a full time student is almost unbelievable for most people. Student loans have become an easy out, but in the long run they can leave adults with a troubling amounts of debt. The only free money students can really receive for college is in the form of scholarships, but even those can have strict stipulations. Faced with the rising cost of college, and a job market that refuses to cooperate, higher education students are now left with three real options, they can go into debt, they can find a job hat will give them enough hours and a high enough wage to pay for college, they can take out loans to help cover the cost, and…

    • 1133 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    While it is true that college tuitions can be exorbitant, I still maintain that getting an undergraduate degree will pay off much further in the future than a high school diploma. Sanford J. Ungar, president of Goucher College in Baltimore, Maryland, author of “The New Liberal Arts” claim that “the critique… seems to be fueled by the reliance on common misperceptions” (226). It is important for people, especially high-schoolers, to know the truth about going to college and all the little things that go with it before deciding for themselves. Gillian B. White, a senior associate editor at The Atlantic and author of the article, “Even With Debt, College Still Pays Off”, insists that “Though the cost of college is increasing, a variety of empirical…

    • 1036 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Rhetorical Analysis

    • 1701 Words
    • 7 Pages

    When it comes to the subject of education, oftentimes many people are skeptical as to whether an institution is basically going to take their money or give them the instruction they expect. In our society today, we see that the cost of living is rising ever so slightly each and every year. With that, it costs colleges big and small far more to provide students with the educational resources that they need. These resources can consume anything from leisure activities to housing opportunities and even providing the highest quality professors. Correspondingly, this leads to the rising cost of education (tuition).…

    • 1701 Words
    • 7 Pages
    Superior 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

    Essay On Tuition Reform

    • 1018 Words
    • 4 Pages

    Tuition Reform Society today faces the challenge of being able to receive higher education due to economic and financial difficulties. Students, and even parents, experience hardship when it comes to the attempt of earning a degree in any field of study. In addition to the current cost of tuition, most middle class and lower class citizens are not able to afford the "luxury" of attending college or universities in the United States. Likewise, this poses a leviathan problem for the country and especially to the communities. Tuition needs to make a drastic change in prices, which in doing so will open more opportunities to accomplish the American Dream, improve society, provide a chance for people in financial struggles, and help place our country back to one of the top ranked in the world.…

    • 1018 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    College Solution

    • 2305 Words
    • 10 Pages

    The high costs of college tuition has became a major struggle for everyone who has attended college. Many individuals may face struggles in their lifetime by being put in debt over student loans, which interferes with their finances and their ability to make any big future purchases. This complication may interfere with the student’s way of living due to having to repay such a huge amount of money and not making enough of it. Although, there may be other ways to take care of debt and paying off tuition, but having college tuition rise even higher yearly will only worsen the matter. The United States Government should make arrangements to lower the high costs of college tuition, allowing individuals to afford to pay for the courses and expenses…

    • 2305 Words
    • 10 Pages
    Improved Essays
  • Decent Essays

    Should College Be Free in America? Every year in America, thousands of new high school graduates pack their bags, move to new cities, and sign papers accepting loans they might not be able to pay back. Parents shovel out thousands to colleges, with the risk of their child neglecting the responsibility of study, and dropping their courses. Students who do not qualify for scholarships have to use up time that would allow them to study properly because they need to get part-time jobs in order to just stay in college. In other countries all over the world, tuition for college is free.…

    • 138 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    College Is Too Expensive College is important to many Americans who are either graduating or have recently graduated high school, but one problem stopping them from attending is how expensive college is. Many students cannot afford to attend college, and some decide not to attend because they cannot afford it. According to research about college costs, a public two-year college like Murray State College is estimated to cost $3,440 yearly for tuition and fees minimal compared to universities (Smith). The state and government should implement a way to make college cheaper by offering more scholarships, raise the cut off for financial aid, make the interest rate for student loans cheaper, and make the classes cost less.…

    • 992 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Causes Of College Tuition

    • 1240 Words
    • 5 Pages

    The cost of attending college in the United States, which can be called the sticker price, has been steadily increasing for the last few years. The cost of tuition has sparked controversy as universities attempt to find a price that pays for tuition, but also is affordable for their students. This has become a problem because it is important to attend college in order to have a successful career, but the initial price of college isn’t possible for some students. As a student who is paying college tuition, I have realized how difficult it can be to pay for one year of college, and can only imagine the cost of multiple degrees. College is expensive considering tuition alone, but adding the cost of books and room, the cost quickly increases.…

    • 1240 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Why is College Tuition so expensive? Students in our current society are given a basic outline for success in life. Graduate high school, receive a degree from a college or university, and get a job. This basic outline for success has become a very obeyed command. However, more students than ever before are forced to submit to the institution of higher learning.…

    • 1086 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Is the cost of college becoming too much to the point where it outweighs the benefits of the education itself? Throughout the decades a college education has gained many benefits and is considered by the majority to be the next logical step in life after high school. College nowadays is seen as a necessity, students coming straight out of high school are pressured by guidance counselors and other authoritative figures to make college the next step. All because it is said that with this higher education one may earn more than one without, and have an overall better standard of living. Receiving a college education can bring one knowledge, certain work conditions, and money.…

    • 2053 Words
    • 8 Pages
    Superior 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