Financial Pressure of College Student
UM Tagum College
Arellano St., Tagum City
Financial Pressure of a College Student
In partial Fulfillment of
The Requirements in English 201
Joel Ben Borres
Ruel B. De Gracia
Lisette Jean P. Hingpit
Introduction
Background of the Study
Filipinos hold close several values. One of them is education. We have complete faith in formal schooling as we have the notion that to be educated is to have a better life. Education is regarded as a gateway to improving our social and economic status. Sending to college is one of the priorities of the Filipino family. However, with the economic difficulties and relatively high cost of college education in the country, many families find it difficult to send their children to college. The average yearly cost of education continues to increase. As anxiety rises concerning the escalating costs of schooling, students are left with the decision of how to fund their education. Some take out loans, or apply for grants or scholarships. Typically, college costs are considered in terms of their impact on access to higher education. However, after initially gaining access, it is increasingly a concern that tuition costs threaten to raise students’ loans, consumer debts, or work hours to the detriment of their academic success or that the level of debt upon graduation threatens their future standard of living. We all know that a college education has a worth that cannot be expressed in money. The time of your life spent as a student does not only leave you with invaluable knowledge that can help you find a well-paid job and career, but also makes you independent and teaches you some important life lessons during your time as a student. College is the first chance for many young adults to make significant financial decisions on their own. When young people learn and practice sound financial skills during their college years, they build a foundation for lifelong financial well being. We all know that a college
Arellano St., Tagum City
Financial Pressure of a College Student
In partial Fulfillment of
The Requirements in English 201
Joel Ben Borres
Ruel B. De Gracia
Lisette Jean P. Hingpit
Introduction
Background of the Study
Filipinos hold close several values. One of them is education. We have complete faith in formal schooling as we have the notion that to be educated is to have a better life. Education is regarded as a gateway to improving our social and economic status. Sending to college is one of the priorities of the Filipino family. However, with the economic difficulties and relatively high cost of college education in the country, many families find it difficult to send their children to college. The average yearly cost of education continues to increase. As anxiety rises concerning the escalating costs of schooling, students are left with the decision of how to fund their education. Some take out loans, or apply for grants or scholarships. Typically, college costs are considered in terms of their impact on access to higher education. However, after initially gaining access, it is increasingly a concern that tuition costs threaten to raise students’ loans, consumer debts, or work hours to the detriment of their academic success or that the level of debt upon graduation threatens their future standard of living. We all know that a college education has a worth that cannot be expressed in money. The time of your life spent as a student does not only leave you with invaluable knowledge that can help you find a well-paid job and career, but also makes you independent and teaches you some important life lessons during your time as a student. College is the first chance for many young adults to make significant financial decisions on their own. When young people learn and practice sound financial skills during their college years, they build a foundation for lifelong financial well being. We all know that a college