High school students are always urged to fill out college applications as part of their daily routine. They research different colleges based off of things like location, pledging opportunities, history, etc. But they all have one thing in common, they are all skeptical about the prices included. There are some who don’t think twice about the cost of education and then there are the ones who cancel the application when they hear about the prices. The two articles How the Cost of College Went from Affordable to Sky High by Claudio Sanchez and College is Too Expensive?…
On the other hand, the tuition rates of the various types of schools differ also. OU has an average annual cost of $16,533 and the average salary after attending is $46,700. Although the cost is higher, the gain more in the future. Sometimes students can’t afford university life, but there’s other choices as well. While UCO’s average annual cost is $11,216 and it’s average salary after attending is $38,300.…
Rhetorical Analysis In “Should Everyone Go to College” Stephanie Owen and Isabel Sawhill express their belief that going to college and getting a bachelor’s degree is not always the best option. They consider it important that every person be fully aware of all their options and consider whether going to college or straight into the work field is best for them. I believe their effectiveness in stating their argument and reasoning is achieved by using Pathos and Logos. By using pathos, they emotionally connect their readers. They also use logos by providing reason and evidence to make the reader understand their argument.…
The student loans are getting a higher percent and student cannot pay that much, they should not rise the percent in the student loans because it makes it harder for them to study because they have to find a job and that can take time from them, instead of using it in their studies. Students get worried that when they finish college they will have to work hard to pay all their loans, and when the interest rate goes up, that’s when the students thinks that it’s better to quit college than keeping their loans going higher, students does not want to worry about the loans when they are in college, loans shouldn’t be a worry before graduating from college. There are some students that pay 6.8% of interest in their loans because they can afford it,…
Is the Government Fixing the Student Loan Crisis? ; Who is on First, and What is on Second An author for the America Press wrote an article called “The Student Debt Crisis”. He argues that student loans are hurting the economy and causing college students to drop out because they can’t afford to payback student loans. The author states that “60 percent” of the Graduating class, college students use loans to pay for college (para. 2).…
There is a limit to the amount that can borrow each year, and that amount varies based on if the student is a dependent or independent. The interests on subsidized loans are paid by the government while students are still enrolled in school. This means the amount that is borrowed, is the amount to be repaid. Interest starts to accumulate after students graduate or drops out and the repayment terms…
Do you want to be drowning in student loan debt for the rest of your life? College is not worth the debt. According to the article Big Future by The College Board, the going rate for college is about $23,000.00 per year. That amounts to about $92,000.00 just for a four year degree. Some other reasons are because it not only causes student debt, but it also causes a lot of stress and frustration.…
Federal loans are not required to start paying off until a student graduates, or quits college, where private loans may require payments while a student is in school. Also, federal loans are generally lower and fixed interest…
Obtaining an college degree, leaves thousands of students in debt each year. Seven out of ten students borrow money to afford some type of degree(“Special Report: Is college still worth the debt”). According to “College Cost”, a college degree cost on average between $6,880 to $129,640, resulting to thousands of students in debt at the start of their career. However, all that debt you accumulated over the years will eventually pay off in the long run. Having a college degree opens the door for job stability, salary growth, and to be eventually be debt free.…
Over time college wage rate and high school wage rate difference has grown. Students thus are more likely to borrow loans because they believe they will make more money after attending…
Student loans through private banks have a higher interest rate because they are for-profit companies. First generation college students, such as myself, are less likely to know how to go about paying for college or which type of loan to take out and for how much. This results in banks taking advantage of students through interest rates and loan types. This makes it incredibly difficult for students, especially first generation college students, to finish out their degree. Not to mention if the student is paying for their college education with no help from their parents or anyone else, then paying for college is extremely difficult.…
In their essay on the subject of the importance of college attendance, Stephanie Owen and Isabel Sawhill discuss the importance of an education. They opt for a fact based argument primarily centered on the financial benefits of graduating college. (223) Leading with a discussion on the rate of return and variations in the aforementioned statistics, the authors conclude that policymakers and the government need to make changes in education. In an effort to explain the financial value of an education, there are numerous statistics worth examining.…
Research Paper In the last decade there has been a significant spike in student loan debt. Within the recent years there has been an increasing number of Americans whom are overwhelming burdened by student loan debt than ever before. Statistics show that Americans owe nearly $1.3 trillion dollars in student loan debt alone. The process of borrowing loans to assist with the cost of postsecondary education in the US has recently become a normal occurrence throughout this past decade.…
Colleges are more costly than high schools. High schools are usually paid for by the state and local government while college expense is usually paid by the attender. The attender of the college, according to international student admissions, pays about $21,750.00 dollars or more to attend college while high school students don’t even pay because taxes pay for the students’ admission. The cost of college may also alter if the attender gets a scholarship. High school students are not given scholarships unless private high schools give them away but usually most do not.…