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Is the Cost of College Too High?

Cost of College

❶Working in the middle. Even though everyone has a choice, and hold their own destiny, the costs of universities are off the chart, which basically crosses out the lower class chances of attending.

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In such a situation, a considerable part of students from low-income families is just left aside of college education. In such a situation, many specialists draw attention of the public to the problem of the negative effects of low educational level on the personal and professional development of people. What is more important, the lack of access to the college education because of the high costs of college education raises the problem of the growing social tension.

At this point, it is important to understand that people with the higher education have better job opportunities. In addition, technologies keep progressing and education is essential to help people to keep pace with progressing technologies.

As a result, in a long-run perspective, the society can be divided into two antagonistic groups: Educated people will enjoy all benefits of using and developing new technologies, whereas non-educated people will suffer from the lack of access to new technologies and they will be marginalized in the highly technological society.

Obviously, the lack of access to college education for students from low-income families and from minorities is dangerous for the further development of the US society. Widening gaps between students and the lack of access to college education will lead to social and racial conflicts in the US society.

In such a situation, the government should develop effective state and federal aid programs which can provide all students with equal opportunities to access the college education and to obtain their higher education to realize their full potential. On the other hand, the main problem is the effective use of public funds. In this respect, the community control can be an effective measure that provides students in need with better opportunities to obtain college education.

In fact, local community members know better than state or federal authorities which students need aid and local communities should have an opportunity to use public funds to aid students in need. Therefore, public funds should be redistributed at the local level to provide students in need with essential financial aid to continue their education and to enter colleges. Higher education finance in the s. The authors focus on funding of the higher education. The authors distinguish private and public sources of funding stressing that the public funding is not always effective and deprives many students of the possibility to obtain higher education.

Handbook of theory and research, 10, New York: The author explores the development of the higher education and its future prospects. The author arrives to the conclusion that education will shift to higher costs and wider use of information technologies. The authors reveal existing models of funding of college education, uncovering persisting gaps between low-income students and students from upper-classes.

The existing structure of the college education and its funding is ineffective and widens gaps between students. Structural equations modeling test of an integrated model of student retention.

The authors attempt to elaborate an efficient model of the assessment of effectiveness of funding college education and costs of college education. The author focuses on the problem of the lack of access of African American students to college education. The author defines ways which can increase the share of African American students in college education and open college education for minorities.

Working in the middle. The author discusses the development of the modern higher education and education system at large. The author identifies numerous problems, among which high costs of higher education are among the most serious problems that put students in unequal position.

This means that families went from paying 25 cents of every dollar, to paying 67 cents, more than two and a half times as much. All of this means that students and their parents are not just paying more, they are borrowing more in order to pay for their educations. At the same time, we have made a B. In , the average salary in the U. This makes sense in that teachers worked long hours than average and also had four-year degrees. Now however the average salary in the U.

This is an important rubric to consider because it shows how the devaluation of education is a loop that feeds back onto itself. In any case, there are endless examples that the education that has become more expensive, has at the same time become worth less to the degree holder.

It is axiomatic in popular culture that everyone should want to go to college, and that college is the only path to a successful life. That someone might value intelligence and hard work, yet still reject a four-year degree is anathema.

Yet there are communities throughout the country where a college education has considerably less value. For them and those ill suited to or disinterested in advancing their educations, the culture in general has no common discussion about the opportunities available. Rather creating a culture that encourages education, we have created a culture that shames and hides other options. Few people fresh out of high have a clear plan, for many, continuing their educations is a socially acceptable, even admirable, way to delay difficult and confusing decisions.

This could be a result of the "everyone must attend college" culture that encourages young people with few skills to accumulate large amounts of debt in the hopes of a "better" job. Of course, the social value and perceived necessity of advanced education makes it more "valuable" in a capitalist market, so the price of the item can be raised with worrying that too fewer people will buy.

When one hears administrators speak of managing their institutions, they are quick to mention the boards and the parents, the truly concerned will mention teachers and staff, but rarely are students mentioned. It is not that they are willfully and personally disinterested in students, but more, it seems, that language and culture of business have taken over a model in which suppliers and consumers and shareholders are the interested parties.

When overlaid on the university system, somehow parents become the consumers, though most students are paying for their own educations through debt to at least some degree. Lenders too are enjoying the ever-growing crop of reliable borrowers, since students are considered a good risk, and college debt cannot be forgiven in a bankruptcy.

Some may say that debt is not so bad, that it is simply how things work, and the ever popular, "Well, what would you do about it? Some scholars even refer to the pedagogy of debt, and suggest that debt encourages the belief that higher education is a consumer service, Williams, rather than professional training. Williams goes on to site the propensity of students to announce to their professors that they pay their salaries, or demand higher grades because they "showed up" and "did everything".

More worrisome, of course, is that debt discourages certain career choices, including teachers, nurses, even general practitioners, as medical specialists make far more money that those who treat people generally.

Baum , 20 also talks about the need for a shift in attitude, away from aid programs that are intent on encouraging enrollment rather than education. Some people have noticed that faith-based colleges and two-year institutions have done a good job of keeping costs low, as have other not-for-profit higher education institutions Krigman, Some even went so far as to lower fees, and advertise the fact, and they found themselves with a noteworthy jump in enrollment, as were other public schools which were twice as likely as private schools to have higher enrollment ibid.

These models need to be taken into consideration more and more, rather than seeing administrators who look to the lending industries for a model of how to function. Better career counseling in secondary school would go a long way to making sure that those who go to college have a real use for it. One administrator compared private education to the housing bubble, and warned of a similar fate Krigman, To avoid this, American education needs to stop artificially inflating their enrollment with students whom they will never truly serve.

Giving more respect to manual and technical careers, in both social and financial terms, is another way of encouraging young people who are interested in trades to pursue. How often have we heard some official speak as if the only career choices were barrister or barista, always in a manner that makes it clear that barista is not really a respectable choice. Not only is food service valuable work, there are countless careers besides that which can be the basis of happy, full life.

There is much less of a pay gap between work that requires a bachelor's degree and that which requires a high school degree than there used to be.

This is not because manual labor is more valued, but because a college degree has become devalued. Some jobs that require apprenticeships or extensive training pay very well, carpenters, plumbers, and other technical trades can offer excellent pay and benfits. Along the same lines, it would be useful to improve the quality of secondary education. Too many students arrive at college with sub-par literacy and math skills.

Colleges then provide, at students' expense, courses that teach high school level math and English skills. Add to that, these courses often cannot be applied toward graduation, and you have still more reasons why so few who enter college achieve graduation or certification. Include finance courses in high school that include ways to eliminate or reduce debt. Many have pointed out the futility of trying to work your way through school, since the cost is so high and the pay for entry-level jobs is so poor.

However, students can start at local colleges, stock up on AP level courses, apply for college credit, and take the time to consider trade work, technical colleges, and other jobs that may interest them. If more students start choosing the colleges that offer them the best deal, more schools will be forced to consider whether their costs are too inflated to maintain a healthy institution.

Some of the regulatory changes suggested by scholars like Sandy Baum in the past have been adopted by the Obama administration Newswire, This includes increasing Pell Grants and direct lending from the government, rather than through banks.

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Some students are not prepared to pay high costs for college education, even if they can afford it, because of their cultural traditions. However, cultural differences are probably the least significant compared to the high costs of college education and tuition.

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Academic Writing Service. Online Help 24/7. From $11 per page. the cost of college is too high for many talented young people and this prevents them from getting higher education, The writer, who is working on cause and effect essay, explains why this event or phenomenon has happened and what kind of effect it has on the environment.

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A big question nowadays is that "Is the cost of college too high". Parents are starting to think that maybe having more than two kids will later cause them finantional issues in . Today, the problem of rising costs of higher education evokes heat debate among the public and policy-makers. In actuality, the high costs of higher education become an unsurpassable barrier for many students living in poverty-stricken neighborhoods and belonging to low-income families.

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