Value Of College Research Paper
We make assumptions about how the price of college is too high, but is it always the case? If we look at it as investors, it’s a matter of taking a risk that can probably lead to an outcome totally worth the seventy thousand dollars per year. The ISA proposal would agree with this idea since it extracts money from the students’ income after graduation hoping that they will be able to pay it back gradually. Likewise, Walter W. McMahon managed to show how a degree has “a return on investment of roughly 15 percent a year,” which exemplifies that college tuition can be a worthy investment if it is well managed. People make the act of going to college a social priority due to the idea that having a degree from a prestigious institution sets one apart from the ordinary.
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The value of higher education has changed both, economically and academically. Colleges have become businesses by looking at students as costumers. The value of college has been altered from shaping intellects to shaping economic inequality. The proposal of the president forgiving all student loans goes along with the assumption that by doing this, individuals will automatically start helping the economy since they would not have to be losing a portion of their incomes and that will increase their purchasing power. The debt-free college proposal is also connected to this assumption of helping the economy, but it centers around the idea of getting rid of the economic boundaries that make higher education a private commodity. The social priority of helping minorities access higher education is also correlated to the debt-free college
The value of higher education has changed both, economically and academically. Colleges have become businesses by looking at students as costumers. The value of college has been altered from shaping intellects to shaping economic inequality. The proposal of the president forgiving all student loans goes along with the assumption that by doing this, individuals will automatically start helping the economy since they would not have to be losing a portion of their incomes and that will increase their purchasing power. The debt-free college proposal is also connected to this assumption of helping the economy, but it centers around the idea of getting rid of the economic boundaries that make higher education a private commodity. The social priority of helping minorities access higher education is also correlated to the debt-free college