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Persuasive Essay On Whether College Is Worth It

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Throughout the 20th century, college has been seen as a path to the middle class and beyond. A ticket to a decent paycheck, standard of living and career advancement. Recent coverage however has highlighted massive student debt, opportunity costs, and a wave of flashy entrepreneurs who are drop outs. This begs the question of whether college is still worth it. The fact of the matter is for most Americans college is worth it more than ever.

If you’ve looked into the matter you’ve probably seen the much-bandied-about statistic that student loan debt has topped 1 trillion as of 2013. While this is a massive number some 300 billion more than outstanding credit card debt it becomes more manageable when looking at debt per borrower. Horror stories about jobless graduates with over 100,000 in debt are the exception, not the rule. Only 3% of borrowers owe more than 100,000, and only 1% owes more than 200,000. Keep in mind that these debt numbers include students graduating from professional or medical schools as well. And both professional and medical schools are known for higher levels of student debt, and higher payoffs in salary and job security. Perhaps not indefinitely. But for now the answer is a definitive yes. Through the recession, an increase in student loans taken out was …show more content…
Meanwhile, the average grant aid for public two-year college students was greater than 3,260 a year. This rendered the net cost of public two-year colleges as actually negative. For public four-year colleges, the average list price was $8,890. Applying average aid, the net price was reduced to 3,120 a year. The numbers for private four-year colleges included tuition of 30,094 a year, with an average financial aid package of 17,634. While room and board increase costs, and there are many outlier schools that cost much more than average, it should be clear that there are affordable options if thats a top

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