Post Secondary Education Comes At A High Price - 864 Words

Post-secondary education comes at a high price. The excitement of graduating college to land the six-figure job is soon destroyed when students realize how much debt they obtain. Dreams of owning a house and starting a family are shattered by the money borrowed to provide and guarantee students an excellent future. Instead of waiting to land the ideal job, students work multiple jobs to help ends meet. Struggling to stay afloat, millions of students become victims of one of the major economic crisis in the United States; Student debt. According to the article â€Å"College on Credit† written in â€Å"The Economist† journal, student debt over the years has risen tremendously. In the course of 10 years, student debt has skyrocketed from $41 billion to $87 billion in 2009. Certain states decisions to increase the tuition fees to assist heal their own budget troubles will only worsen this economic crisis. The article further states how borrowing will continue, if students are unable to pay the tuition. Due to limited government funds, the ever increasing number of students wanting to borrow loans resort to private sources. Even though private loans have become an essential option, students borrowing these loans encounter further obstacles. Students who are unable to receive federal subsidized loans, which offer better forgiveness and numerous repayment options, are stuck with private loans. And due to the high interest rates of these private loans, students encounter further debt.Show MoreRelatedRules Of The American Collegiate Committee872 Words   |  4 PagesSupervisors†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.11 6. TUITION ESTIMATION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..13 6.1 Subsection: Financial Demographics Defined†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....†¦Ã¢â‚¬ ¦.13 6.2 Subsection: Removal of Sticker Prices†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦13 6.3 Subsection: Range of Financial Aid Raised†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...14 Dynamic Collegiate Regulator iPoly Congress 2015 Committee: Education Principal Author: Trino Arellano, Elizabeth Basilio, Yuji Karuhaka, Robert Machuca, Karla Milicich, Simrit Sohal, Michelle Villasenor Bill No: N2319 Delegation: SenateRead MoreThe Power of Universal Education Essay example775 Words   |  4 Pagesand succeed, students must learn and study when it is time, not when the students are already out of school. In order for the students to receive the same information, students must all adopt a universal education system. That would mean a standard kindergarten to grade twelve and then post-secondary after-words. A group of people proposed an extra year of school at the cost of the tax players. The government does not agree, and everyone should support them. There are too many variables in the fifthRead MoreIs Post Secondary School Worth It?1405 Words   |  6 PagesE. Lisette Marasigan Mr. Kevin Gurubatham Government/Economics 17 May 2015 Is Post-Secondary School Worth It? In a society where the inflation of the broad economy is going up, it is being beat by the rapidly increasing tuition costs. Everyday people make the decision whether it is worth paying for high college tuition when job wages are decreasing. However, since the wages of jobs are going down it is more important now that people receiving a degree from a college or university. Therefore theyRead MoreIs College Still Worth It?915 Words   |  4 PagesGreat Debate: Is College Still Worth It?† author Ricardo Azziz endorses post-secondary education by stating its economic advantage in today’s society. The author begins his article by introducing a survey done by the American Association of State Colleges and Universities, which shows that the majority of college graduates believe college education is worth its cost. Not only are people convinced of the value of a college education, adults with a degree of some sort (bachelor’s degree or associate degree)Read MoreThe S helby County School System s Goals891 Words   |  4 Pagesenhance the quality of education most accessible to students within Memphis and surrounding counties, if successful it will not only benefit students, but the community as a whole. Target Market Destination 2025 outlines several goals that SCS hopes to achieve. Those goals are as follows, 80% of seniors will be on track to learn in a post-secondary classroom or enter the workforce straight out of high school, nearly twice as many as in 2014; 90% of students will earn their high school diploma on timeRead MoreThe Standards Of American Education Essay1487 Words   |  6 Pagesstandards of American education, one of the major points being the cost to obtain a degree. Current societal standards have condition people to aim for a prestigious degree that will help make it s holder successful. Of course, society defines success, for an individual, as being highly intelligent, outgoing, wealthy, and family-oriented. Yet, many American citizens are still stuck trying to meet the first item in the success definition. If a person refuses to attend post-secondary school in fear thatRead MoreCollege And University : The Reality Of Adulthood And How This Impacts On A Financial Scale ? Essay1372 Words   |  6 Pagestheir high school graduation. One of the many issues students face is the reality of adulthood and how this impacts themselves on a financial scale. For instance, many students have not had to save their money nor do they have much of it (however, it depends on the family situation). With that said, they do not know how much one year of post-secondary education is going to cost them. Therefore, some students do not save any money until the summer of or year before they leave for post-secondary. StudentsRead MoreCollege Is Worth The Investment1322 Words   |  6 Pageslife away; no job, no salary, no family—only poverty and misery. Many take this advice to heart, and spend countless amounts of dollars, time, and effort on obtaining their diploma. However, many find themselves in a rut—they have graduated their post-secondary school, but now they cannot obtain a job! Regrettably, this exact situation happens to several thousands of indi viduals every year. As a result, people often find themselves debating on whether or not college is valuable enough to pour hundredsRead MoreHow The Student Loan Debt Crisis Is Undermining Economic And Social Progress Of American Graduates1635 Words   |  7 PagesUndermining the Economic and Social progress of American Graduates Currently, higher education is highly valued as a step in achieving success and earnings potential, but attaining a degree comes at a high cost. Although a very valued asset, the cost to attain a college degree for most students includes getting loans, grants from the government, and sometimes even private loans. Most of these loans come at a high price for students as the interest structure for most student loans is crippling. In factRead MoreCross Cultural Comparison Regarding Technological Unemployment Essay861 Words   |  4 PagesStates and Europe in Struggle†. Research conducted found that increases in automation have significantly decreased employment options for those people who lack sufficient means to complete higher education requirements. This may be in part due to the sharp increases in the cost of post-secondary education. This has led to a sharp decline in the middle class worldwide and a polarization of the lower class and the upper class. Manufacturing jobs were once a way of attaining gainful employment for those