...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 in community colleges, state colleges, and prestigious universities have increased. So at what point do we say that the American dream has become too expensive? In the early 1990’s new types of colleges began to emerge, many of them were called career colleges. However, today they are known as for-profit...
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...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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...many 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...
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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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...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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...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 there are many things to consider before deciding how much a college education is worth...
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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...
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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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...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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...The Comparable Worth Debate Abstract: This case study will discuss the compensation strategy ‘Comparable Worth’. Along with an overview of the strategy comparable worth, we’ll discuss the advantages and disadvantages of this strategy. Lastly, with respect to the case study scenario outlined, we’ll discuss my recommendation of a ‘limited’ embracement of the comparable worth strategy. Comparable Worth Overview Comparable worth is a compensation strategy that has gained more traction in the public sector versus the private sector. It is meant to address wage inequalities between females and males. It is a process to re-evaluate wages for female role based jobs that are being paid at lower rate than for a similar male-based job. The belief is that women have been subject to a social process that results in them leaning towards employment sectors that are limited in terms of compensation. Further, that these jobs, despite requiring equivalent or more knowledge and often entail greater responsibility, are devalued, systemically. Examples of this are jobs like teachers, nurses, and other jobs centered around child care, that despite entailing a high degree of knowledge and responsibility, are paid at lower rates than say typical male role based jobs like a sanitation engineer or truck driver or other jobs that entail less demands. Thus, the strategy of comparable worth is a mechanism to examine these roles against similar roles and adjust compensation, comparative...
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...THE PURPOSE OF HIGHER EDUCATION What Is the Purpose of Higher Education Excellent Student English101 May 31, 2014 Melissa Davis 1 WHAT IS THE PURPOSE OF HIGHER EDUCATION 2 What Is the Purpose of Higher Education A higher education can be a difficult decision in your life, and while many high school students as well as adults struggle with this due to the cost. The purpose of a higher education outweighs the cost, offers greater earning potential and career. In the last 22 years, I have noticed a drastic change in the job market. In fact, more and more employers are requesting potential employees to have some form of education above high school. Truly, high school students and adults struggle with the decision to gain a higher education due to the cost. Indeed, while earning your degree can carry a hefty price tag, you shouldn’t let that distract you from seeing the bigger picture. There are a wide variety of financial aid options available that can help with the cost. For example, the federal government offers money, and your work may offer a tuition reimbursement program. Moreover, in a 66 page report, from Pew Research Center, it stated that, “An overwhelming percentage of college graduates then and now believe their college degree did or will pay off, despite the financial investment,” (Weinreich, 2014). Besides struggling with the cost, you must also consider the greater earning potential for someone that holds an education above high school...
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...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 not having that piece of paper," he says. And that, experts say, is the source of parents' frustration today. A college education seems unaffordable at the worst possible time — when "people are really struggling...
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...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 use this to provide more backing to my body paragraphs. Alger, Vicki E. "Why College Costs So Darn Much...
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...Higher Education: Students vs. Debt Tuition rates in America are becoming more and more expensive and unaffordable for the average student. Universities keep raising rates every year, leaving students without a choice but to pay for the education they have already started. Financial aid offices give students a number when they are accepted to school, and this number indicates how much of your tuition tab the state will pick up. However, this number is subject to change every year, erasing all stability in a student’s expectations for post-grad debt. Not only are students graduating with enormous debt, the majority are either left without jobs, or working minimum wage jobs and barley able to make ends meet. Somehow, expert opinion still says that college is worth the overwhelming price of admission, but I say, that may not always be the case. Financial aid is supposed to be the governmental system to help families pay for higher education. The amount of money the financial aid office offers you is supposed to pick up whatever you and your family cannot afford. However, what they don’t tell you is that that amount varies year to year, and it is usually less then what they previously offered. “Can you imagine going to purchase a car and being told that the first year you will be paying $X. Next spring we'll tell you what you'll be paying for the next year and so on for the next four years” (Kastberg 1). According to some states, this is classified as unfair business practice...
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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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