...Hays RHET 105 February 28, 2016 An Annotated Bibliography: “The benefits of a college degree does not outweigh the cost of it” Abel, Jaison R., and Richard Deitz. "Do The Benefits Of College Still Outweigh The Costs?." Current Issues In Economics & Finance 20.3 (2014): 1-12. Academic Search Complete. Web. 6 Mar. 2016. People who graduated with a college degree still questions whether college was a good investment for them. “Do the Benefits of College Still Outweigh the Costs?” addresses how students who graduated with a college degree are still unemployed and in debt. Furthermore, students have paid more to attend college and earning less upon graduation. This academic journal compares both the pros and cons of attending college. It contains graphs and illustrations that contribute more data about increasing tuition and how it affects your decision about whether to attend college. “The total costs to attend a 4-year college outweighs some people’s home value.” I thought this quote summarizes the academic journal very briefly. “Do the Benefits of College Still Outweigh the Costs?” is a scholarly source and an academic journal. The data in it is really reliable for my research paper. It contains graphs and illustrations which could be used to make conclusions. This academic journal is more biased towards the people who believe that the benefits of college do not outweigh the costs. I could potentially use this source to support my thesis more efficiently. I could...
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...Rising cost of college education People who possess a degree have a better chance of finding successful careers. However, a college education has been getting increasingly more difficult by the sky-rocketing costs of college tuition. The authors of “Administrative costs in higher education: how fast are they really growing?” state that: “The College Board says the average tuition and fees at public four-year colleges and universities increased by 27 percent beyond the rate of inflation over the five years from the 2008-09 academic year to 2013-14. After adjusting for inflation, the cost of tuition more than tripled between 1973 and 2013” (Hedrick et al 124). The tuition cost now becomes a cause of considerable public concern because it is very high compared to how the economy has been and how wages and financial aid have not risen with the cost of tuition. With the cost of college rising, many have asked a question: Is a college education worth the cost? Anyway, it cannot be denied that a college education always remains an important investment for the future. Tuition is usually the first thing that comes to mind when planning for higher education. It is the largest portion of the bill when attending a college or university. Tuition is a term that refers to tuition, fees, and room and board charges per student. According to Robert Martin, the author of “Why tuition costs are rising so quickly?”, for the 2006–2007 school year, the average cost of tuition...
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...College Tuition: Fighting the cost of college tuition Imagine having your dream job with good pay and everything you have ever wanted. However you end up with thousands of dollars in debt due to college tuition being so expensive. With the price of college tuition being expensive, more jobs are having higher standards in who they are hiring. Which results in more kids going/wanting to go to college. With colleges knowing this, they start to raise their tuition rate. College tuition has become too expensive for the middle-class family to afford. The cost of tuition is rising and will continue to rise. Most schools are continuing to increase the cost of tuition while spending money on things that are not going towards the students. Such as...
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...Affording College: Affects of rising tuition cost on students Ashley Mason General Orientation Dr.Graham January 27, 2014 Abstract In this paper I will be discussing the affects of rising tuition rates in America in private and private colleges and universities. I will go into great detail on how this is affecting students. My research suggests that over the years the American family’s income has not been able to keep up with cost of college tuition. Because of this we see a drastic decrease in enrollment and also in drop rates being that student cannot afford to go to college. Higher tuition, more fees and bigger classes are things that will be awaiting student for generations to come as they apply to enroll into college in the fall. The Cost of College tuition in the United States is steadily growing. Students and their families have been dealing with this using many different methods. These methods however may not be the most effective or beneficial. Some students do things such as work more hours to pay for college, which consequently causes them to lower their course load. This causes them to spend more time in college subsequently causing them to spend more and more money. It has been reported that since the year 1978 that college tuition has increased by a sky rocketing 1200%. This means that the cost of college tuition has been increasing faster than family income and it also has increased 4 times...
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...Tuition Hikes in Higher Education The cost of higher education has been rapidly growing, especially over the past couple of years, there has been a sharp increase. “College tuition and fees today are 559 percent of their cost in 1985” (Rampell). In 2005, the average tuition cost at a public four-year college was approximately $5,000. Today, the average tuition at four-year state schools nationwide rose “faster than inflation…..4.8% increase” (Gordon). This brought tuition at public four-year schools to $8,655. This is happening because of many factors including schools raising tuition to pay for more remedial classes and extra counseling services, to make up for cuts in state funds, and to make up for reductions in the per-student subsidy state taxpayers sent colleges. These in turn have several effects that have an impact on society as a whole, these effects include international students going to schools in other countries because school here is too expensive, young college graduates not being able to afford to buy a home or have children due to their massive debt, parents not being well prepared for retirement since lots of graduates are moving back with their parents and parents are taking money out of their 401K to pay their children’s college loans, but most importantly low income students not being able to go to college because they cannot afford it. The rising cost of college tuition does not just affect the individual; it affects society as a whole since society is...
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...Rising College tuition issue While applying to college, the average student should be looking for the school that suits them best. Where the student will grow and succeed as a student, and more importantly as a person, should be the focus of choosing where to attend school. In this modern day and age students can not focus on this. The price of going to a 4 year university is and has been growing exponentially for years,much faster than the average family income is rising, thus making the choice of where a student goes to college almost exclusively based on what their family can afford. Student loans are the main source of how students pay for college, putting the average student in debt right from the start of their adult lives. The issue...
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...Why is college so expensive? Presentation Rationale Purpose: The purpose of this speech is to inform my audience of why college is so expensive and the information I discovered of how college tuition has gotten out of control over the last decade. Intended Audience: My audience for this speech are students and parents who want to know what is causing tuition to rise and want to know what they can do about it. Significance: This topic is very significant to my audience because the cost of higher education is increasing every year and for many becoming unattainable due to the cost. This is relevant because if the government and the Department of Higher Education can find ways to lower the cost. Then people can further their education which can help other areas such as unemployment. Presentation Plan 1. Introduction a. Attention-getting opening: Imagine back in 1984, the year I was born; the cost to go a 4 year college was only roughly $2,567 a year according to the National Center for Education Statistics (2007). Now jump to present day the average to go to a 4 year college is approximately $112,000 in 4 years (Forbes, 2015). That is over a 109% increase. Where is the money going? To put this in perspective during the same time period medical care increased by 117%, a new home 90% and the median for families incomes only increased by an average of 70%. b. Thesis Statement: Research shows that higher education is one of the most costly investments that Americans...
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...Rising Costs of College College tuition is a hot topic these days. For a long time, people did not pay much attention to tuition. Today, things are changing. More and more people are realizing how high tuition has reached and now they want that to change. In this essay, I have tried to approach a very difficult topic. The problem with this topic was that while searching for facts and information I found that almost all of the information regarding it was attack after attack on the college administrations. I found no writings by college administrators attempting to defend themselves. When I started the research for my first paper this semester, I thought I would just be cruising through another English course, effortlessly composing the required essays, and looking over other peoples' thoughts on topics I could not care less about. That all changed when I discovered the truth about how much college tuition has gotten out of control over the years. Students have every right to be angry about the state of college tuition. In the past 20 years, "tuition increased twice as fast as the overall cost of living (Larson, 63)." Between 1980 and 1990, the average cost of attending public and private colleges increased by 109% and 146%, respectively “ (Hood, 10). To put these figures into perspective, we can compare them with other rising costs during the same 10-year period. Those who can afford these outrageous prices can usually also ignore it. As for the rest of us, when every...
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...College tuition rates have increased dramatically in the past few decades. It has become one of the fastest-rising costs, with tuition raising about 200-400%, depending on the type of institute - whether it is public or private. In the U.S., students have collected over $1.4 trillion in student loan debt, with the average student having a debt of $38,000, not including the interest rates they are required to pay while they work off that debt (Fay). These costs can deter those that are graduating from high school from going to college, feeling that higher education is out of reach or that college is not worth the price. To persuade and assist those who want to create a better future for themselves, it is important that these extreme costs and the inflation of tuition rates be decreased, and students are no longer paying additional unnecessary costs. Earning a college degree can be considered necessary towards a quality life and sometimes even survival. Fay states, “A college graduate can expect to make about $1.3 million more than high school graduates over the course of their working lives.” Even those that are able to earn their degree might...
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...College Students Expenses By Anne Jones Going to a top college can be hard because it is really costly. A student and his family must be prepared by all means to keep this commitment to further a student's education. So awareness of how much your college education would be is critical because it is not limited to tuition fees. There can be more expenses to be expected when a student goes to college. Let us look at the general list of what a student pays in college. First would be tuition fee. Tuition fees can be at the range of $6000 - $25,000 for a four year course. Take note that public colleges have smaller tuition fees than private colleges. So look to this as an option. Second would be living in colleges. A student in college usually would try to find work in between to cover the cost of living. It is something that should be considered before going to college because you have to think of things like rent, food, bills and other travel costs. A common student would need an average of $1,000 extra for these extra expenses. Third are the materials you need to study. These are the givens like books, bags, IT equipment and could cost to at least $2,000 a year. So it is important to be able to budget before you go to college. Make sure you leave yourself some extra money monthly for self use. Try to find a monthly average of your expenses so you could allocate your funds accordingly. Going to college is a big investment but in the long run the education you get would allow...
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...high school teens are wrapping up. It’s time to prepare for the next big step in life. College the first time to get a true taste of want the world has to offer. The big thing that most young minds don’t see in there picture perfect world is that thin underlining. That underlining is the cost of college and how it waits until you finish to hit you where it hurts. I’m talking about your wallet and even your college savings. This leads me to the question of why is college tuition so high. Is attending college worth the price tag of tuition? If you didn’t already know then I hate to be the bearer of bad news, but spoiler alert you have to pay for college a year after you finish college. The price of college has gone from affordable to sky-high in the last decade and even more so this year. (“If you want to get an earful about paying for college, listen to parents from states where tuition and fees have skyrocketed in the last five years. In Arizona, for example, parents have seen a 77 percent increase in costs. In Georgia, its 75 percent, and in Washington state, 70 percent. Even in Oklahoma, where tuition increases have been among the lowest in the nation, parents are dismayed. In Stillwater, Okla., Jeffery Corbett's daughter is attending community college. Corbett, a fundraiser for a nonprofit, says a high school diploma just won't get you very far. And he knows; he doesn't have a college degree. "I think about it all the time, because I realize [how] it has limited me, by...
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...both articles. I also see that neither articles states anything about the president signing a bill that gives students the right to go to college for free. As I compare the two articles based on expensive college tuition, "The Real Reason College Tuition Cost So Much" by Paul F. Camposapril and " The Tuition Is Too Damn High, Part lll" by Dylan Mathews. Paul F.C. does further research in and states a lot of facts that i never would have thought of. First he says that the issue is not with the colleges but rather with the actual state. The state funding has come to a...
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...Harvard College was one of the first colleges founded in the United States; upon its conception, the college’s main purpose was to train young men for the ministry. Harvard was modeled after Oxford and Cambridge universities (About Harvard College). During the early 19th century, smaller colleges were founded to help young men transition from rural farms to urban occupations. Prestigious colleges at the time became more exclusive by concentrating on the children from wealthy families, ministers and a few others. Those prestigious colleges and universities are still very exclusive today mainly due to their expensive tuition. Students who attend these colleges are generally from wealthy families, have scholarships for high academic achievements or graduate with extremely high loan debts. In the early 20th century, junior colleges or now known as community colleges were created to prepare students for the final two years of college. Later in the 20th century state colleges were created to provide higher education at a lower tuition cost. Due to the rise of community and state colleges, students now have the opportunity for higher education, and college became part of the American dream for both students and their parents. Over the past, half a century students have been working diligently to prepare for college with the hopes of graduating with a degree that will provide them with the career of their dreams and to earn large incomes. Slowly, over time the cost of tuition...
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...process: good at high school, then a good college, then a good job, career, which is the American dream Main idea 1: The tuition of college is so high but there is no pay back and no job guarantee Main idea 2: The United State government is making a college bubble that student can borrow money so easy to pay tuition. However, make the tuition even higher. Main idea 3: Students can not pay the loan which led to bad debt and endanger all holders of U.S. dollars. Main idea 4: College is worthless. It does not provide a higher opportunity or higher quality job. Students pay their tuition for nothing. Main idea 5: Few students in college will study how to grow or manufacture which make U.S. dollar worthless with no gold backup and manufacture bases. * Summary American are believe in the process that if someone enter a good college, it will led him/her to a good job, which led to be able to car and house and have a wonderful family. This is the American dream, but it is not true. The truth is the skyrocket tuition they pay does not reward them equally, and even can not get a job. The notion that no company will hire themselves if they do not have a degree from the college makes people believe they need a college degree, and with the money borrowed from the government easily, everyone are going to the college. However, it is actually a college bubble that is made by the United State government. In result, the bubble makes the tuition way higher than most people can afford...
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...Over a few decades, there were only so many people who went to college to receive a higher education. The first generation did not have the opportunity to go to college instead they invested their time and money on hoping their children would go on to further their education. I do not believe the first generations realized what the cost of college tuition and fees would be for their children in the future. What is out of hand these days is the cost of a college education. While investing in higher education, we gain knowledge, and future success which is good, but what is the cost? What is affecting, the future of college graduates is the high debt in loans the students must pay off which has a long-term financial effect. We must find a solution for students graduating with these large loans. There is an article “The Debt-free College Degree by Melba Newsome” (Newsome, paragraph 6) in the article for their financial packages they focus on trying to remove loans to their students at Davidson College. Institutions are considering this as a model for other colleges looking for the idea to try to provide solutions to the student loan problem. Giving students their college tuition for free is this a feasible solution? What a college could apply to a student’s financial package could be the large endowment funds that are given to various colleges and universities each year. Expert “Mark Kantrowitz stated Harvard could afford to make tuition free.” (Kantrowitz, paragraph 3) The...
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