October 11, 2010
The Cost of College Tuition
The cost of college is very high compared to how the economy has been and how wages and financial aid have not risen with the cost of tuition. This makes it harder for students to graduate and brings a lot of stress to their lives. Without the funding that is needed many students drop out or take a longer time finishing their degree. Going to college is stressful enough without the need to worry about how you’re going to pay for it and what other costs will continue to rise with getting a degree. The cost of college is too high compared to the amount Americans make and how much they are expected to contribute.
This issue is very close to me because I am attending college, along with many of my friends and hearing about their struggles with paying for college is something I hear about often and is something I constantly think about. Some of my friend’s parents are paying for their education and this is a great help to the students but this causes a strain on the parents and can make them decide to pull money out of their retirement (carpenter). While going to college is important it can be very tough to pay for it. Some students have to rely on student loans to pay, while others have parents who are paying for it, while others can’t go at all because it would be too hard financially and to their everyday life to be able to go. Finding the right way for you can be a process. While many jobs require a degree, the cost of getting one has risen very dramatically over the years. Colleges seem to be able to raise tuition with a moment’s notice and expect the student to deal with it. The government can only shake an angry finger at them because they don’t want to take complete control over the colleges all over America. How the parents, student, and government look at the cost, the need for a degree, and how they will pay for it determines how much they are willing to...
Cited: 1. Carpenter, Dave “Cost of Degree is Forcing some to go to Plan B.” Associated Press. 26
September 2010. http://www.msnbc.msn.com/id/39277351/ns/business-
personal_finance/. 14 October 2010.
2. Clark, Kim “Should your kids pay for their college?” 11 December 2009. http://www.usnews.com/articles/education/2009/12/11/should-your-kids-pay-for-college-themselves.html 15 October 2010.
3. Kenley, Luke “Response to High College Cost.” Indianapolis Star. 20 September 2010. Print. 15 October 2010.
4. Longley, Robert “College Degree Nearly Doubles Annual Earnings”
http://usgovinfo.about.com/od/censusandstatistics/a/collegepays.htm. 31 October 2010.
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