...Economics of a College Drop Out Research Term Paper By Eleazar Rangel 7/02/2013 South Texas College Econ 2302 Professor Oscar Plaza A. Introduction: Economics of a Dropout High cost of college and several other factors are causing the number of college dropouts to rise drastically. Understanding why this numbers are soaring is important. For example why has the rise of the cost of college nearly sextupled since 1985? Or why has the student loan debt held by Americans surpassed the $1 trillion mark? In addition to answering these questions, I will discuss the different arguments, opinions; facts regarding the toll college dropout play in this economy, and finally my final point regarding this college dropout syndrome. B. The issue: Why are students dropping out of college? This is an important topic because what factors cause students to drop out of college? According to a study from Harvard University, only 56% of students who enter college or universities graduated within a six-year period (only 29% who enter a two-year program graduate within a three year span). A main factor, according to the Harvard study, is the rising cost of the college education. Since 1985 the amount of student loan debt has surpassed the $1trillion mark and cost of a college education has sextupled. The graph below, by the Federal Reserve Bank in New York, shows the difference in price changes since 1985. As you can see in the graph college tuition and fees has......
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...people to graduate these days, however; getting people to graduate is not easy. Thousands of students attend college every year, and unfortunately, not all of them succeed in graduating. As, Mara Tyler says, “A student is more likely to drop out -- whether for a semester or permanently -- if he is not able to strike a healthy balance with work, school, social activities and family” (Tyler). Many students find it hard to balance work, life and school especially in a time where finding jobs are difficult and there is more to getting a job than just schooling. Three of the main factors to why students are dropping out of college are causes outside-the-classroom. Many students end up getting the job they want and, because of this, drop out of college. In many cases, students who work during college gain promotions to high-paying positions before graduating. Also, students take internships in college that turn into jobs. Since most colleges require a minimum number of courses, school forces students to work fewer hours or give up the chance at a promotion (Tyler). Mark Kantrowitz says, “Nearly three-quarters (71%) of students who dropped out of college said that work contributed to the decision, with more than half (54%) identifying it as a major factor. About a third (35%) said that balancing work and school was too stressful” (Kantrowitz).Therefore, students end up putting college on hold to pursue their job opportunities. Once a student has a position in the field he desires,......
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...Various causes contribute to the student dropout problem in colleges. One of the top reasons for leaving college is that it is hard to have to support oneself and go to school at the same time. Balancing work and school is a bigger barrier than finding money for tuition for many. In fact, more than a third of the dropouts said that even if they got a grant that covered their books and tuition, it would be hard to go back to school, given their work and family commitments (Lewin, 2009). For many, the financial burdens of college are too overwhelming. Often students will plan the finances for only the first year or the first semester, but they will not look ahead at how they will be paying for the rest. Some students are fortunate, however to have family that can help with their tuition, but that is not the case for all. Only one in five of the students who enroll in two-year institutions graduate within three years. And even at four-year colleges, only two in five complete their degrees within six years. (Lewin, 2009). With government funding dropping, colleges rely largely on higher student tuitions. According to the College Board, the average cost of tuition and fees for the 2013–2014 school years was $30,094 at private colleges, $8,893 for state residents at public colleges, and $22,203 for out-of-state residents. (College Data, 2014). However, college administrators estimate that almost a third of all college students drop out of school sometime during......
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...Explain the major reason for high dropout rate in the college. According to the survey done by Sin Chow newspaper on 15th December 2014, 30% of the college student choose to dropout from their course after a year in college. College, a place for student to the further study and create a strong foundation for their future, so why would student even dropout from college? Since there is an obvious dropout rate at colleges, there must be a valid reason such as the lack of preparation the student receives and influence they get. As example, financial wise, the passing, the stress parent gave or even temptation comes from high school, middle school and even grade school First and foremost, having a financial constraint is definitely one of the major reason for high dropout rate in the college. Refer to the survey that we discussed earlier on, 58% of student out of those who dropout from college said they work and pay their own fees. Therefore, what we can see in the picture is by just working, it has already cause a big problem for the student which is time management. Working and studying at the same time usually result in lacking sleep, time and energy. Anyway working is not the only solution student use to survive through financial crisis. There is also student who depend on scholarship but it will make them feel depressed and nervous at all time since they need to remain on certain CGPA to get their scholarship. The second importance of this survey are lack of......
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...Kanye West will receive an honorary degree from the Art Institute of Chicago in May. "I was a gifted artist since age five and won national competitions and went to art school. I'm actually getting an honorary doctorate on May 5th from the Art Institute of Chicago," the rapper revealed during an interview with Clique. West famously highlighted dropping out of college with his 2004 album The College Dropout. The rapper attended the American Academy of Art and Chicago State University before he left the school to pursue a career in music. While is Kanye West is adorned by his fans, the rapper can't seem to win over the heart of President Barack Obama. After West's Taylor Swift incident at the MTV Awards, the president responded to the ordeal by calling the rapper a jackass. It seems as if West and President Obama have since moved on from the name-calling situation. During a recent appearance at Oxford...
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...An apple with a bite taken out of it. A tall man on stage wearing a black mock turtleneck with matching jeans. These iconic images from the last half of the twentieth century have embodied the public faces of one of the most successful businesses and in the history of the world. But how many of us actually know of what went on behind the scenes; how did the home computer industry start and how much of it was due to the drive and vision of Steve Jobs. • Summary On a warm June day in 2005, Steve Jobs went to his first college graduation - as the commencement speaker. The billionaire founder and leader of Apple Computer wasn't just another stuffed-shirt businessman. Though only fifty years old, the college dropout was a technology star, a living legend to millions of people around the world. In his early twenties, Jobs almost single-handedly introduced the world to the first computer that could sit on your desk and actually do something all by itself. He revolutionized music and the ears of a generation with a spiffy little music player called the iPod and came with it was a wide selection of songs at the iTunes store. He funded and nurtured a company called Pixar that made the most amazing computer-animated movies such as Toy Story, Cars, and Finding Nemo - bringing to life imaginary characters like never before. Though he was neither an engineer nor a computer geek, he helped create one gotta-have-it product after another by always designing it with......
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...Shawn Carter was born in Brooklyn, New York, where he lived in the housing projects. Shawn was the third and final child of his mother. Shawn attended three different high schools, but did not graduate. During this period, Shawn sold crack cocaine, and is said to have been shot three times. Shawn would rap under the name Jay-Z and sell CDs out of his car after shows. Jay Z says his early musical influences were soulful artist like Marvin Gaye, and Donny Hathaway. With no record label to give him a deal, Jay Z started his own independent record label with Daman Dash and Kareem Biggs, called Roc-A-Fella Records. After getting a distribution deal with Priority Records, Jay Z released his debut album, Reasonable Doubt, which received critical acclaim and went on to become certified Platinum. Over the following years Jay Z released more albums, eventually becoming one of the best selling artists of all time, and signing more artists to his label, such as Cam’ron and Kanye West. Jay Z then ventured into the business world. He founded a clothing brand, Rocawear, which he eventually sold for 209 million dollars. In 2008 Jay Z founded Roc Nation, an entertainment company, housing a record label, a talent agency, a concert production company, film, and television production company. In 2013, Jay Z founded Roc Nation Sports, a sports management company that focuses on helping the careers of athletes both on and off the field. Jay Z also bought out Tidal, a high fidelity music......
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...Strayer University The effects that the Intervention Program will have On High School Dropouts Male and female A directed study project submitted to the faculty of the Graduate school of business candidacy For the degree of masters of Education Definition of terms………………………………………………………………8 Significance of the study………………………………………………………...9 Organization of the study………………………………………………………..9 II. REVIEW OF LITERATURE Current Literature…………………………………………………………………….13 III. RESEARCH DESIGN AND METHODLOGY Research methodology……………………………………………………………….16 IV. FINDINGS Results………………………………………………………………………………..17 V. CONCLUSION Introduction………………………………………………………………………….30 Summary and Conclusion……………………………………………………………31 Recommendations……………………………………………………………………32 REFERENCES References………………………………………………………………………...33 Chapter 1 INTRODUCTION Context of the problem Every year the statistics reveal that more high school students are dropping out of school at an alarming rate. There are many factors that contribute to the high school dropout rate such as: teen pregnancy, substance abuse and socio-economic standards, peer pressure and familial factors. Three-quarters of state prison inmates are high school......
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...I am now in college! Wow, how time flies. I remember 9th Grade my favorite show was “Sanford and Son”. But, that was my past. I’m in college, at ITT Tech in Memphis, TN. The field I’m currently trying to obtain a degree in is Computer Networking. This is a field that I love, and this is my choice. Two years from now I plan on being a junior in college. I want to at least have an internship at a well known business; for an example, Smith & Nephew, McKesson Corp., AT&T, and etc. The main reason I am writing this letter is because I am in need of a scholarship; financially I cannot afford this. However, I need an education, so I can show myself that I can be an example for my children. I have six children, 4 biologically, and 2 adopted kids. I want to do this so they can see it’s never too late to try again. Furthermore, I will be the first in my family to graduate. Also, I was a high school dropout. A couple of bad mistakes and wrong decisions, and I had my first child when I was 18yrs of age. So, I had to provide for my baby, my only other option was to dropout. I have recently decided to go back to get my GED, and go to college. I have received my GED at the age of thirty-six, and I am planning on go to college so I can get my bachelors degree in Information Systems. As stated earlier I need this so I can get a great job. Now-days you need a degree to work anywhere that will provide a living for your family. You probably just need a Diploma. A lot of people......
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...The movie coach carter is about a man that takes on the responsibility of coaching a high school basketball team in a very rough neighborhood. The school that he coaches at is his alma mater. The statistics of high school dropouts in their area is extremely high and the coach makes sure that his basketball team understands the importance of school whilst pointing out the number of jailed juveniles and deaths. He links the high school dropout rate to the incarcerations and deaths and wants his students to understand that it is the minority that graduate and attend college. He lets the students know that he will do everything in his power to make sure that this team all graduate and further their education. One theme that is present throughout the movie is that of a person’s deepest fear. Coach Carter poses this question to the boys and as the movie progresses, each student wrestles with this question and begin to find answers and then work to resolve them. There are many lessons that could be taken from this movie, but the one that I feel is most evident is that of moral character. All of the characters in this movie are faced with situations that test their moral character, each one of them eventually responds in the way we would hope. Even Coach Carter himself has his moral character brought into question when the principal of the school questions his motives. Coach Carter begins to require certain grades in academic classes in order for the students to remain......
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...Entrepreneurs Swimming Upstream Against College In 1972 Steve Jobs, at the age of 19, decided to drop out of Reed College as a freshman to pursue his passions in the world. Almost 39 years later, at the age of 56, he would pass away due to pancreatic cancer, but would leave this earth being called one of the most successful entrepreneurs in the history of the United States. Although these were to opposite time period of his life, there may be a parallel that is becoming all too common in today’s society. Did dropping out college share a correlation with his success as an entrepreneur? I am investigated college dropouts and successful entrepreneurs so that I can find out exactly how much of a relationship that they share with one another. This will help readers understand the importance of college attendance in accordance with success as an entrepreneur. I arrived at this question after hearing one to many stories about successful entrepreneurs being college dropouts. While studying some of the most recognized entrepreneurs in business classes and books I started to see this trend. My initial key terms will include “college dropout success”, “dropout entrepreneur”, “the importance of college in entrepreneurship”, and “Steve Jobs” to gather important evidence in concluding an answer. After gathering initial books to study this trend, I have attained “The Education of Millionaires: Everything You Won’t Learn In College About How To Be Successful” by Michael Elisberg, and......
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...Brittany Coleman PSY-311-601 December 13, 2015 Social Psychology to the Rescue, College Student Dropout Rates I. Literature Review One growing concern for colleges and universities across the United States is college student dropout rates. According to College Atlas, 70% of Americans will study at a 4-year college, but less than two-thirds will graduate. About 40% of full-time students attending a 4-year institution in the United States complete a bachelor’s degree within 4 years, while around 58.6 % of students earn theirs within 6 years. Among research and findings pertaining to college student dropout rates, social, psychological, and economic factors tend to be the main causes of such a high percentage of college student dropouts. In the article titled, College Student Retention: An Exploration of the Relationship between Self-Efficacy Beliefs and Purpose in Life among College Students, DeWitz, Woosley, and Walsh believed that high school GPA, support, motivation, and coping strategies were all predictors of college student persistence. When a college student does not master these areas, then this could lead to them possibly dropping out. The article goes on to explain that student with low high school GPA’s tend to have a more difficult time meeting the academic requirements compared to a college student who had a relatively higher high school GPA. This could possibly require the student to put more time into their academics and therefore put a hold on......
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...High School Dropouts Every nine seconds, an American high school student becomes a dropout, that's approximately one in four students who enter high school as freshmen and fail to earn a diploma four years later. (Dropout Rates, 2012) America has lost sight of the single most important aspect to our future, their children’s education. The issue of high school dropouts was selected because children entering into their teenage years have a huge task in front of them, the completion of high school is not an option it is a MUST. However, this is not the case in many homes across America. American high school students may think about their future, but are high school and college completion included in those thoughts? Students that feel that they are ready for college are those who are prepared and figure they will graduate high school and succeed. What is stopping the other 30% from knowing? What are all the factors that stop these children from completing high school and then moving on to college? The questions that must be asked here are: 1. Why students leave high school before completion? 2. Who/What is to blame? 3. What social policies keep students in school? 4. How to help prevent dropouts? The Problem With every 1 in 4 high school students dropping out, the problem seems to be larger than anticipated. High school dropouts create a slew of problems, socially, locally and nationally. “High school dropouts commit about 75 percent of crimes in the......
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...Why College Students Drop Out (Dropout Problems) Barbra Sillas Rhetoric in Contemporary Culture Amanda Sanker Wednesday, August 21, 2013 (Dropout Problems) Why College Students Drop Out Why do so many students drop out before finishing or earning a degree? Although there are several factors that contribute to the percentage of college dropouts, two major studies have revealed the main reason students drop out of college. Although there are exceptions, most students begin college with every intention of graduating, but the percentage of the first year college dropouts is alarmingly high. In fact, 35% of students who enter college will drop out during the first year. Moreover, according to a 2005 report issued by “The Education Trust,” a Washington-based nonprofit group, only 63% of students who enroll in the four-year university will earn a degree, and it will take them an average of six years to do so. The other 37% will either drop out of college before finishing or else flunk out of their program of study. (USA TODAY). Most recently, however, Mary Beth Marklien, writing for USA Today, reports that nationally, four-year colleges graduated an average of only 53% of entering students within 6 years, and graduation rates less than 30% are often the case, according to a report by the American Enterprise Institute, “a conservative think tank”(2011). Four reasons for dropouts: Rising Tuition, Too Much Stress, Insufficient Preparation or Motivation, and Family Issues...
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...This essay is about high school drop-outs and why it is a major problem for our youth. Drop-outs are faced with unnecessary challenges that could have been avoided if they stayed in school and graduated. The age that people drop out of school is about when they are about 16 or 17 years old. In the last 20 years the earnings level of dropouts doubled, while it nearly tripled for college graduates. Recent dropouts will earn $200,000 less than high school graduates, and over $800,000 less than college graduates, in their lives. Dropouts make up nearly half the heads of households on welfare. Dropouts make up nearly half the U.S’s population. It has been known for many years that young people who complete high school don’t face many more problems in later life than do people who graduate. But it is not always a negative influence in a person’s life if they drop out. It mostly depends on what field of work labor you’re trying to pursue that if dropping out will help or hurt you. Dropping out can be successful if they try to be hip-hop arts or if they go into the army. There are some other jobs that people who doped out can have but the jobs aren’t any thing to brag about. Plus being a drop-out it is hard to have a family because you are trying to live off of minimum wage. It is not all that difficult to know why people drop out of school. Here are some reasons why people leave school before they graduate. Didn't like school in general or the school they were attending....
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