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Benefits Of Financing College

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Benefits Of Financing College
Although it seems like a good idea for Montana State University to motivate students toward majoring in subjects where the job market is good, the choice to do so would also have negative effects. Defining an educational path for students would affect ones freedom to dream, develop a loss of educators and students, and create a continual change of job prospects.
Financing college and creating long term debt are concerns for a lot of high school graduates. In some cases students barely manage to make it through those developing years. For someone that does not do well with studying or associating with others, college is not necessarily an option. Those individuals are looking more at learning a trade that will provide them a means to live.
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One particular area where applicants are in high demand is the medical field. For every nurse, there could be four or more open prospects. Billings and the State of Montana are not the only areas finding a shortage in applicants for specific job markets. An article in the New York Times, Florida May Reduce Tuition for Select Majors, by Lizette Alvarez states that “university tuition rates be frozen for three years in majors in strategic areas, which would vary depending on supply and demand.” Through this incentive, 12 universities in Florida are being encouraged to freeze tuition for up to 3 years and capping some degrees at $10,000. (para. 6) Montana State University may possibly be looking to follow suit. One way to begin would be to direct students in the direction of the medical field for nursing. Lowering tuition might lead to more high school to college opportunities for students. This may well be a dynamic incentive for mature adults looking for opportunities of personal growth. Lower tuition rates could bring in more …show more content…
15) Diverse learning and majors that are not supported by enrollment numbers would be mislaid, and teachers with special areas of expertise would be forced out or required to take on classes they are not categorically proficient in. Another area that might be negatively affected would be sports scholarships. If the university does not support the major in which an athlete is interested in, that player may be lost to another school. With less students paying tuition to support the university, funds would need to originate from other resources. Most state funds, including Montana, are already drained. Local businesses or other financial means would need to be looked at for partnerships in funding. (para. 26)
The job market is continually changing with the times. Montana State University may be focused on the medical field to the point of over saturating employers with applicants. With less job‘s there is less opportunities for advancement. A graduate may have to settle for a lower wage and a lot of establishment’s would no longer have a need for the incentive of a sign on bonus to entice an applicant. This would be a definite disadvantage to the

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