...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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...people would agree that higher education is worth the price, in our society today, students are expected to follow the path of day care, grade school, middle school, high school and hopefully college. Higher education has always been the gateway of accessing higher salary occupation. But the question I have always asked is that does the cost of higher education worth the price? College education is becoming more expensive than ever. Today, it takes 40 percent of their paycheck to go to college. This is an indication that college education cost is on the increase. My uncle Salman was student five year ago, he still paying student loans accrued during his first attempt at completing an undergraduate degree that was defaulted due to the inability to repay the debt. Many college students would feel that college is a waste of money because they do not learn what they want to. Instead they have to take classes that have close to nothing to do with their major but are only taking these classes in Page 2 Order to fulfill a general educational requirement. Higher education could raise the student’s chance of economic success in the future. Some of student should not able to go through college, because they paying for money for college. Americans have always been taught that getting a higher education is crucial to be successful in life, and going to a university is just as important because they think that’s where they will get the best education, even if that means taking out...
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...Is a higher education worth the price of admission ? Unemployment in the United States has been a pertinent issue for the last couple years, and has been perceived as a top priority on Congress’ political agenda. The question remains as to how future generations should prepare themselves moving forward, with regards to their career plans. In other words, how economically sound is it to invest in a higher education. I have decided to explore this topic from different angles. Obviously, the main concern with institutions of higher learning, is financial debt. According to Sam Frizell’s article, “Student Loans are Ruining Your Life. Now They’re Ruining the Economy, Too”, students in the United States are “well over $1trillion in debt, and its starting to hurt everyone.” The reason for this increasing debt, is the result of increasing tuition costs of colleges and universities. Many students who are saddled with an exorbitant amount of debt, are taking longer to pay off their education costs. This issue not only affects the individual trying to pay off his debt, but also adversely affects the economy as a whole, since if students have less money as a result of paying debts, that is less money they will be spending on services and goods. This concept of higher education negatively affecting the economy, goes against conventional wisdom. Obviously, education is generally seen to be vital for the economy, and it is. As Noah Berger and Peter Fisher mention in their article “A...
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...Does a College Degree Matter 4/10/2015 DeVry University What does the word education mean to you? Education has many definitions, education is the act or process of educating or being educated from a school at any level. Many are asking is a college education worth it any more. Some are questioning if the value of education worth the time. Unfortunately this situation is a growing problem in our society, which needs a positive solution put in place so we won't be forced to make these difficult decisions later in life. Managing money should be a big focus in our school system. The benefit of college education, does outweigh the cost, though the cost of college is at an all-time high, it’s still beneficial. As a society we have been conditioned to accept the pursuit of a higher education as a primordial part of our development into professionals and ultimately breadwinners in our homes. The salary of a high school graduate is seventy-three percent lower than that of a college graduate in any given field of study(Abel.Jaison, 2014) The disparity in job opportunities for that same high school graduate versus that same college graduate can vary just as greatly. A degree, even when unrelated to the job applied for, demonstrates reliability and perseverance to a potential employer. We are therefore expected, often as young adults, to at least consider some college education before heading into the work force. Speaking from a realistic experience and standpoint...
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...past several years, college education has become a highly controversial topic worldwide due to the grave increase in the tuition costs. The indefinite escalation in costs is causing the students to resort to student loans to help them temporarily overcome the financial obstacles to finish their college education. However, the graduates eventually become tremendously indebted and struggle to get back on their feet post-graduation to recuperate the college costs. The latter, along with many other factors, leads to raise the critical question of whether a college degree is worth the high cost. The following literature review will be conducting an investigation in whether college education remains worthwhile and pays off in the shadow...
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...College Is Worth the Cost Parents always want their kids into college. Parents want their kids in college, their reason could be they did not go to college, and they want better for their children. Parents always want their kids to have a better life than they did, they want bigger and better things for them. So, college is worth the cost, because it's a parents dream for their kids to be in college, so they can be successful in life. Therefore, college is worth the cost, because people that attend college usually acquire money in the end. The people that attend college obtain higher paying jobs. “The average debt now is about thirty thousand dollars for kids” (Anthony). Those with a bachelor’s degree or higher have higher earnings than...
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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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...Essence S Corley Professor Dave English 132 A3 30 April 2015 Is Education Worth It’s Cost? In America's general public today, understudies are required to take after the way of day consideration, evaluation school, center school, secondary school and ideally school. Advanced education has dependably been the door of getting to higher pay occupation. Anyhow, the inquiry I have constantly solicited is that does the expense from advanced education worth the cost? School instruction is getting to be more extravagant than any time in recent memory. In 2001, it took the America normal family under 25 percent of their paycheck to set off for college. Today, it takes 40 percent of their paycheck to head off to college. This is an evidence that school training expense is on the increment. My older sister Jazzmen who was a school understudy four years prior is as yet paying his undergrad credits gathered amid his first, finishing a college degree that was defaulted because of the failure to reimburse the obligation. A few people accept that school is more than the themes you gain from a book. It ought to additionally be utilized as an apparatus for social and social development. In any case, how would you put a sticker on those life lessons? For a few people, financing school is not an issue. Cash should not be a variable in the choice making procedure when picking what school to go to, however sadly numerous individuals are not able to go to the school of their decision...
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...Many Americans are now realizing how college degrees affect their lives in today's economy. The job market is more fierce now than it ever was years ago. Jobs are hard to come by, and many people are finally noticing what the value of their college education really was. Many students are struggling financially to stay in college, and many do not know what the result of their education will be. Though many people think a college education is worthless now, there are two sides to the argument. The Christian Science Monitor Editorial Board, Davis Leonhardt, John Stossel, and Marty Nemko all wrote articles based on what they feel a current college education is worth. Though they all agree that college is a major issue at the moment, their opinions are different from each other. The Monitor Editorial Board believes that the United States needs college graduates and encourages people to attend college. David Leonhardt points out that college isn't very expensive and that having a degree is better than nothing. John Stossel believes that college is a scam and that you don't have to be a college graduate to be successful in life. Finally, Marty Nemko points out some flaws in the college system that students may face. All of these articles are tied together and have arguments on both sides of the issue on whether college is a scam and if a degree is worth anything. Many people and colleges tell students that people with a college education make more money than just a high school...
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...Professor Munro English 102-1EC September 1, 2015 Is A College Education Worth The Money? Whether or not a college education is worth the money is a controversial topic. Some people believe that a college education gives them a sense of accomplishment, more job opportunities, and the opportunity for a better paying job. While others challenge this position, claiming that even with a college education they are not guaranteed a good paying job, will be stuck with debt, and in reality people do not need a college education in order to be successful. It seems clear that a college education is a worthwhile investment because depending on someone’s career path it can give them many opportunities and open up a lot more doors in their future. A college education will help others get a better paying job. In an essay posted in USA Today states “the average weekly income for those who have jobs” as follows: “people with a high school degree makes $444, which is less than a person with an associate degree that makes $767. A person with a bachelor’s degree makes $1,038, which is less than a person that has a doctoral degree that makes $1,550.” (Smith) It is a chain that can go on. The less educated a person is the less they will get paid. Before I came to college, I worked for a private practice doctor for about four years. When I started I was getting paid $8.00 an hour, and when I left four years later I was making $9.00. A college education will open more doors for me and give me more opportunities...
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...Agbonavbare English 101-L 02/07/2014 Is Higher Education Worth the price? In America’s society today, students are expected to follow the path of day care, grade school, middle school, high school and hopefully college. Higher education has always been the gateway of accessing higher salary occupation. But the question I have always asked is that does the cost of higher education worth the price? College education is becoming more expensive than ever. Back in 2001, it took the America average family less than 25 percent of their paycheck to go to college. Today, it takes 40 percent of their paycheck to go to college. This is an indication that college education cost is on the increase. My friend David who was a college student four years ago is still paying his student loans accrued during his first attempt at completing an undergraduate degree that was defaulted due to the inability to repay the debt. Some individuals believe that college is more than the topics you learn from a book. It should also be used as a tool for social and cultural growth. But, how do you put a price tag on those life lessons? For some individuals, financing college is not a problem. Money should not be a factor in the decision-making process when choosing what school to attend, but unfortunately many people are unable to attend the college of their choice due to the high costs. Excessive debt doesn’t sound appealing to anyone, no matter how you say...
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...2016 College: Is It Really Worth It? The American Collegiate System has various pros and cons that many young adults in America have come to either admire or despise. One of the main controversial focus points within this system is the cost and quality of education within American systems. America has been known to have the most expensive collegiate system when compared to any other system around the world. Although many individuals believe that a college education is a prerequisite for being able to receive financial stability and health, is it really worth the thousands of dollars worth of debt an years worth of time? In America, there are countless job possibilities that are available to accommodate every individual’s interests. Although there may be numerous jobs available for everyone, there are costly consequences. In today’s modern workforce, the majority of jobs require individuals to obtain a degree, that relates to the job, to ensure they are educated and aware of the specific requirements that the job entails. According to an article written by Alicia C. Shepard, “College is no longer a prestigious milestone, but a consumer product”. Shepard stated that many college students are not attending college to learn, but are there in hopes to receive “their money’s worth” of high GPAs and test scores to help them achieve their desired degree (“College Education”). The Huffington Post states that the majority of young adults are taught to believe that a college education...
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...Many adults and high-school graduates don’t think that college is worth the expenses and time, but what they don’t know is that it has many benefits. Going to college is well worth the cost because education provides high-school graduates with the skills to do more advanced work resulting in better job opportunities with higher pay. First, think about financial aid not about how college is “too” expensive. “Average net tuition and fees at public four-year colleges this past year were only about $2,000”(source D). Brainstorming way you could cut back college cost would help save money. Nobody does research to find ways that could cut back college cost. There are so many things available that could help, such as: financial aid, loans, grants,...
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...Over the last few years, there has been a debate as to whether a college education is worth it. With the sky rocketing debt in student loans, the employment rates, and the time dedicated some people believe that it is not worth the time nor the money. Many people have many different views on college education. From recent studies and statistics, the employment rate is higher for a college graduate, depending on the degree, than a person who has little to no college credits. Also, the money a college graduate makes is high than that of a high school graduate. While the time dedicated may be too much for some individuals, in the end it all pays off not only because of the hard work but also because of the experience. Obtaining a college degree is worth it because of the employment rates, cost of expenses, time dedicated, and experience. There are different types of degree; Associate’s, Bachelor’s, Master’s, and Doctorate. An associate’s degree is a degree that is common at junior or community colleges and trade and professional school. The requirements to complete an associate’s degree is about 60 hours of course work, which...
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...College Is Still Worth the Expense: Summary By Kevin A. Lewis #204627 Within our society there is an ongoing debate over whether college or higher education is worth the constantly rising expense. This article gives the “open mind” the opportunity to discern whether the average debt of $20,000 for secondary schooling is worth the opportunity to obtain gainful employment with an average salary of $50,000. Sure “no debt is better than some debt” (Draeger, 2009), but with the state of our economy this level of debt mat be necessary in order for a person’s financial security and survival. Draeger compiled an abundant amount of information he researched from ONET (Occupational Information Network), a database developed for the U.S. Department of Labor, and the American Community Survey, conducted by the U.S Census Bureau, to solidify of how there is a strong correlation between “earning power and education level”. With the information and numbers Draeger furnishes about how education puts people into different “zones” or income classes, gives credibility to his assessment that “a moderate amount of debt still makes college worth it” (Draeger, 2009). Draeger compiled and presented the staggering differences education makes by explaining how the “zones” are separated. Zone 4 and 5 (individuals with at least a 4 year degree), being the highest zones, fetch the median income of $50,000 to $60,000, as to where zone 1(individuals with a high school diploma or less), have a...
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