What Are The Arguments Against The Cost Of Higher Education
The Cost for Knowledge: An Argument against the Rising College Tuition Deciding which college to attend is a choice that many high school graduates will face. Whether it is in state or out of state, the variety of colleges is endless, but essentially the high cost of attending these institutions significantly cuts the choices down to a minimum. Should rising college tuitions limit the choices for students? No, absolutely not. College tuition should be regulated to give fair chances to all students to enable them to pursue higher, quality education. Education is considered the “great equalizer”, as stated in the Forbes Magazine, meaning that even though one were to grow up in poverty, the ability to receive an education can pull those out
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The professional job industry demands high degrees to become successful. The average income an individual can make with an undergrad is $45,000, which is enough to live a financially stable life (Forbes). But the starting salary for entering the work field with only a high school degree is lower than 30,000 (Forbes). Having more people in the professional work place, rather than the mediocre jobs, means a better financial state for families and the nation as a whole. But as tuition rise and continue to rise over the next years, the option to attend colleges and university becomes limited to the wealthy and does not give the lower classes to get out of their poverty. It also causes a snowball effect within families. If parents are not able to attend colleges because of financial issues, most likely their children will not have a choice also, causing the amount of people in poverty to …show more content…
As described in Price’s article, the “College Affordability Index” would help make regulation possible by stating that if a college were to raise tuition prices over a certain index a two- year time period, the college would have to explain the increase to the U.S Education Department. If colleges ignore this policy, it would result in the loss of financial aid and the ability for students to take out loans within the college, therefore, and a dramatic fall in admission rates because an average of 70-85 percent of students use some sort of financial aid (IES). This threat can highly affect the college’s decision to regulate their tuitions and avoid increases in books, and fees as well to avoid a financial crisis because of the loss of
The professional job industry demands high degrees to become successful. The average income an individual can make with an undergrad is $45,000, which is enough to live a financially stable life (Forbes). But the starting salary for entering the work field with only a high school degree is lower than 30,000 (Forbes). Having more people in the professional work place, rather than the mediocre jobs, means a better financial state for families and the nation as a whole. But as tuition rise and continue to rise over the next years, the option to attend colleges and university becomes limited to the wealthy and does not give the lower classes to get out of their poverty. It also causes a snowball effect within families. If parents are not able to attend colleges because of financial issues, most likely their children will not have a choice also, causing the amount of people in poverty to …show more content…
As described in Price’s article, the “College Affordability Index” would help make regulation possible by stating that if a college were to raise tuition prices over a certain index a two- year time period, the college would have to explain the increase to the U.S Education Department. If colleges ignore this policy, it would result in the loss of financial aid and the ability for students to take out loans within the college, therefore, and a dramatic fall in admission rates because an average of 70-85 percent of students use some sort of financial aid (IES). This threat can highly affect the college’s decision to regulate their tuitions and avoid increases in books, and fees as well to avoid a financial crisis because of the loss of