With the resources and easy accessibility of a post secondary education that we have today, it is common to see many high school graduates expand their knowledge and choose a career path through college. Unfortunately, the student debt crisis that we face right now is causing an exceedingly growing number of young generation students to turn their heads at furthering their education past high school. On average, Americans will spend over $26,000 per year on university level schooling. By the end of a four year general degree program, students of above average income families will need to pay off more then $40,000 in student loans. As of 2011, the student loan debt in America surpassed the nation’s credit card debit and continues to grow annually, leaving many young adults in life altering financial situations. In a day and age where education is so important, is it fair to expect students to make an investment that may help them succeed career wise, but leave them struggling to pay off debt for the rest of their life?
https://www.morningsidecenter.org/teachable-moment/lessons/student-debt-crisis https://www.nytimes.com/2019/09/27/your-money/student-debt-what-to-do.html
26 Comments
Blazen
10/18/2020 03:47:25 pm
The United States schooling system is very flawed and to add to it they throw in a student debt that isn't paid until years later (depending on your profession). U.S. citizens are less educated compared to other countries due to how expensive schooling after high school is. The U.S. always want more money so they get more through charging more for college. A study shows that the increased cost for college has made a degree less advantageous than it was ten years ago. Continuing raising the cost of college will eventually eradicate college in the U.S. as a whole. Instead lower the cost to a mediocre price that will still let the universities thrive and allow for more people to be able to afford it. If changes are not made to the cost of college, more and more U.S. citizens will choose to not attempt a college education.
Reply
Sam
10/18/2020 05:24:03 pm
The rising cost of college has definitely impacted the usefulness of a degree. Students end up spending more time working part or even full times jobs just to pay for their education instead of focusing on their education.
Reply
Dillon
10/18/2020 06:24:49 pm
Degrees are less valuable than they were in years past. We do need to find a solution to this problem that allows both students and universities to succeed.
Reply
Mackay Williams
10/18/2020 06:33:41 pm
There is no doubt if the price of college keeps increase there will be less of a demand to go. The U.S. will only find their education rate dwindling.
Reply
Caden Caywood
10/18/2020 05:51:19 pm
College is an investment. Most student's will take out a loan so that they can afford to get their degree, in hopes of soon paying it off after several years in a career. This system isn't very fair and young adults should not be expected to make the decision of college and debt, or an immediate job and less money. If schooling costs were simply lowered to a reasonable price, there would be a decrease of student loan debt, and an increase of both college students and employees with degrees. Post secondary education must be encouraged, not seen as a gamble.
Reply
Dillon
10/18/2020 06:22:46 pm
Schooling like you say should be an opportunity, not a guess of whether it will pay off or not. Employees with a higher education are widely needed and are usually more likely to get good jobs.
Reply
Will
10/18/2020 07:20:20 pm
It is very true that colleges must lower their tuition for students; but my question to you is, how will they effectively do this? As colleges must still generate money to run, and there is no way to just cut cost of entry without completely changing the structure of college.
Reply
Aidan
10/18/2020 07:27:40 pm
Now I’d rather take my investment odds in the stock market or cryptocurrency. There’s a better chance of making money from those two options then finding a job after college.
Reply
Blazen
10/18/2020 08:20:18 pm
Agreed. It should be seen as a more secure and safe choice but with how high the cost is, it comes at a risk now.
Reply
Dillon
10/18/2020 06:19:58 pm
It is reasonable to expect students to further their education after high school, but it is not reasonable for students to pay for such expensive schooling. This especially applies to students who get degrees in fields that can never be used in the practical world. If students are not going into a field that will help quickly pay off debt than college may not be the best option. For many people trade schools are a better option than college. The best case scenario would be for college to become much cheaper, but if it does not we will see a rise in other forms of schooling and a decline in universities which may not necessarily be a bad outcome either.
Reply
Mackay Williams
10/18/2020 06:36:19 pm
You are in fact correct, there are students going into college with a plan in mind. And that plan will not cover the cost of a student loan in a short amount of time.
Reply
Sam
10/18/2020 06:41:51 pm
It seems that more and more people are going to trade school for the reason of having little to no debt and being guaranteed a job. This option provides a more foreseeable future in a work force and is never a bad alternative to college.
Reply
Caden Caywood
10/18/2020 07:36:24 pm
Trade schools are often times significantly more advantageous for a student but are not even considered. I agree that more trade school students would benefit society but overall I believe the higher the education, from any sort of job preparation or schooling, for more of the population the better.
Reply
Mackay Williams
10/18/2020 06:42:25 pm
There is a balance that needs to be found. Obviously there are professors, janitors, coaches found in colleges that need to be paid that is their full time job. Yet one student is paying for half or all of their paycheck in a months time. The ever growing cost of college is causing high school students to be uninterested in furthering their education. We will soon see that there will be more people getting hired into jobs without degrees, and education will not be one of the priorities in our country. There is no doubt the price of college needs to drop if the U.S. wants to continue to further the people’s education.
Reply
Will
10/18/2020 07:13:47 pm
The mass movement of students not going to college, and choosing cost efficient degrees is definitely a raising concern for universities. However do you feel that those jobs will become over saturated within the next decade, and we will be back to square one?
Reply
Aidan
10/18/2020 07:29:23 pm
This isn’t so true. Literally all the information that we as humans know can be found on google. Also there’s this app called YouTube that will also teach you anything you will ever need to know. Colleges know this are milking the prices while they still can until they are overtaken by YouTube tutorials.
Reply
Eli
10/18/2020 07:35:07 pm
While I do not think that having a higher education is necessary so the idea that less people would go is not horrible. With that being said the people that do decide to go to college need to make that is a worthwhile investment and they will be able to get something out of it. If less people went that would ultimately lower the cost because then it is not necessary for everyone.
Reply
Johnathon Simmons
10/18/2020 07:45:18 pm
Did you use the term for custodian with a hard "R"? Only custodian's can use that kind of term with each other. Jokes aside, the beauty of capitalism is that if people don't like the price and can get by without, the price will eventually drop. If college remains so expensive without proper justification, it will see a demand for lower prices and/or a drop in enrollment.
Reply
Will
10/18/2020 07:08:30 pm
The costly nature of post secondary school is a reoccurring problem in our society. Although, to think that we can alter college programs into a financially free environment is a fictitious belief. Colleges are much like a business, they must generate revenue in order to operate efficiently. Without a strong income from students, it is impossible to maintain college without the use of complete government aid, which would ultimate lead to higher taxes for all individuals within the United States. It is in the last decade, that colleges have taken advantage of tuition cost for unnecessary accessories, more specifically top heavy administration. Cutting down on these unneeded positions and returning that money back to the hardworking students will set the way for a new ear of college. This action will provide lower tuition and ultimately lead to lower student loan debts.
Reply
Eli
10/18/2020 07:42:20 pm
You are right colleges might be taking advantage because it is lead by are they are greedy but what would you consider to a unneeded position some may consider that research branches while some may consider sports to be unnecessary. It is very are define what these unnecessary jobs are.
Reply
Aidan
10/18/2020 07:26:15 pm
It’s not like they are forcing anyone to go to college. If one can’t afford it don’t go, there are plenty of jobs out there that pay well enough and don’t require a degree. Or rather go to trade school or join the military for three years and they’ll pay for ones college. It’s expensive for a reason, the government wants soldiers.
Reply
Caden Caywood
10/18/2020 07:50:39 pm
Many teach that the path to success is solely through college, and since the cost to attend is so high, a decent amount of students abandon the idea of a post high school education and go straight into a job or the military. Do you think that if the cost to attend a university alone was lowered that more students would begin to view post secondary education as an option, therefore increasing attendance in other forms such as trade schools?
Reply
Blazen
10/18/2020 08:21:45 pm
Not only that but the government also wants money. It’s a win-win for the government. They either earn money or earn soldiers.
Reply
Eli
10/18/2020 07:27:35 pm
College is a huge part in some peoples education but college is not for everyone. Some people desire to go into the military, start their own business or be a form of an artist but for others they want to make the investment of college. That is a investment though not a requirement. As our system does get closer to becoming more college needed, however, people may think that the only way through is having college debt, but the more college is needed the more opportunities to have no debt arrive. The people that are giving away these scholarships or businesses paying you to go are making an investment on you so you can invest in your life.
Reply
Johnathon Simmons
10/18/2020 07:40:52 pm
That is a great point that college is not a requirement. If one believes college will not work for them, they don't have to do it and can still lead a happy life.
Reply
Johnathon Simmons
10/18/2020 07:39:48 pm
Life is not going to be easy and on top of it, we are expected to make our own choices. Simply put, good choices will have good consequences such as a job one loves and enough money to get by while bad choices will have bad consequences. Whether or not colleges should be as expensive as they are is another debate but as of now with colleges charging as much as they do on average, it's a big choice to go. Thankfully, there are other options for college and in addition, many ways to pay for college. There are also plenty of ways to succeed doing something that doesn't require a college level education. Life isn't meant to be "fair" and it won't be; ever. Our struggles help us grow as an individual. Individual choices should be met with their outcomes and should not be the responsibility of others.
Reply
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
June 2021
Categories |