Student debt in on the rise. It arises from the increasing college tuition costs. It makes college attendance prohibitive to many people. Additionally, it translates to a higher student loan debts. College is expensive, to a point that many people consider it a dream come true to attend college. The current developments in the world mean that there are an ever-increasing number of new courses. Moreover, the costs are on the rise to remain current with educational developments. Individuals who are disproportionately affected include people of color and the poor.…
Jeanette Juachi, a high school senior, who has been granted admission at Cal State Dominguez Hills; however, with her mother unemployed and her deceased father, she has been left with the burden to meet her annual student obligation. She tirelessly works as a cashier at a supermarket, after her long day at school. The price of tuition has been rapidly increasing over the past few years; therefore, many families are questioning whether college is worth the cost and hassle for those 4 years. While a college degree can lead to a more lucrative and fulfilling career, it can also engender a huge financial burden that can encumber graduates for many years to come.…
Tuition has gone up every year by 9.8 percent since 1994, which many families are stressing to provide that…
While there are significant challenges that students face during the process of planning to attend college. The research indicates that there are significant disadvantages when comparing the expense. For instance, students are taking longer to graduate, increased costs, decrease in federal assistance,…
Given that tuition and fees at colleges and universities are rising at a pace higher than the cost of living, students face an increasingly difficult burden of funding their educational pursuits. Since the 1980s, the cost of higher education has skyrocketed; college tuition and fees have…
Applying for college is a long process and is very expensive. It requires a lot of time and planning. Over the past 15 years, the average tuition for college has doubled. College tuition continues to rise and less money is provided for a higher level of education. Taking out loans and borrowing money from others is the easiest and most common way to pay for college and puts the student in a difficult situation, owing the amount of money that was taken out and the additional interest.After graduating, most students are in debt and have to pay the money back. To resolve the problem of student debt, there are several ways to approach it such as, applying for scholarships, working and saving paychecks,…
The cost of college tuition has grown by a whopping 80% in a short span of a decade in the 2000s. This cost is not matched by inflation of the dollar currency in the United States. College tuition is increasing and more and more college students are caused to sacrifice things such as food to afford a place to live and the place to learn: college. College prices are going up and government money to college students is only going down. As the cost of tuition and housing goes up, more and more college students are getting tempted to cut costs of food. This choice to cut food is dangerous to their health and their degrees. The college students that need financial assistance come from low-income households. A degree is a great way to escape poverty, but college students must sometimes endure undeserved hunger long enough to get that diploma. Some are unable to withstand this and drop out because of the food…
Prices have been constantly rising and no one knows how high the prices will be in the future. This issue is very concerning to me and families throughout the United States because we are all afraid that many students will not be able to attend college. The high cost as the only reason someone is not able to go to college is completely absurd. In many cases, where you go…
Tuition rates have increased over the past year and even the wealthiest family haven’t been able to keep up with the cost of college tuition. The Free Application for Federal Student Aid (FAFSA) determines the student eligibility for financial aid which tends to give aid to families that earn an income of less than 50,000 and has left a large group of middle-class families who earn more than 50,000 and less than 100,000 out without…
Making it that much more difficult to afford college. It was reported by College Board, “the average published tuition for in-state students at public universities–which represent 45% of full-time undergraduates–rose to $9,410 this year, up 2.9% from last year”(Clark). Now add that there are a lot of people in the U.S. that are already on a tight budget, because of the cost of their tuition and them wanting to pay it off as soon as possible, will only make their budgets tighter. The percentage of the cost of college is getting higher, making it that much more difficult to try to afford college. It would not benefit anyone if the price of tuition was to rise year after year every year.…
This year the average college student will graduate with at least $20,000 in student loan debt (College access and success). For years higher education has been worshiped with God like influence as a way to escape poverty and attain a career and live the American life. With the rising college tuitions it has become increasingly harder for the middle class to afford college and reap the benefits. Seven out of ten students, will have a burden over their shoulders for years to come as to how to repay the debt. Debt is no respecter of persons: business owners, single parents, teachers and seniors to this day are still constantly bombarded with debt.…
Money is a huge problem for students now a days going to college. Tuition costs are rising at alarmingly rates. Add that with eating out, shopping trips, gas for the car, the price of textbooks, not to mention dorm rooms for on campus students, and forget about out of state students you have a college student's worst nightmare. College students drop out of school each year because they cannot afford it. Others are forced to juggle full schedules with full time jobs to make ends meet. It is becoming increasingly harder for students to graduate without having to owe half of the rest of their pay checks they get to pay off loans.…
To flourish in America today, the average student will have to go to a high-quality college, earn a degree and land a successful job to eventually support a family. However, success is easier said than done, because all of those steps are vital. The step that many Americans struggle with is affording a high-quality college, not because they aren 't smart or skilled enough, but because Americans cannot pay for the pricy tuition and additional expenses. The rising of college tuition scares many, even though they yearn for a college degree. Two reasons for this struggle are that college costs are taking a monumental percentage out of Americans salaries, and most importantly the large amount of debt students await after graduation. Even though many people succeed in our country today, most Americans struggle to send their child to a good college to fulfill his or her dream.…
With the challenge of paying for college today in the down economy, the survey looked at the impact that financial stress had on students. Overall, 22 percent of entering students expected paying for college would be "very difficult."…