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It's become a widely recognized fact. College is expensive, and saddles students with lifelong debts. Moreover, observation shows that people learn very little in college and that knowledge and talent in a field may be unrelated to the degrees that one has. There's a simple solution to this problem: the youth of this nation should refuse to go to colleges where they will be saddled with debt and useless information. Of course, many people would complain that without going to college, one is not qualified for jobs in the real world. It is true that many jobs will not hire people who go to school, but this does not make the unschooled less qualified. If everyone refused to go to school, then corporations would simply have to accept new standards for hiring, such as talent. It is my argument that college is not worth the price and people should not pursue a college education unless they have plenty of money to spare, don't care about overthrowing the unjust system, and don't actually have the talent to compete in an open (not degree-based) market.
The problem here is that college is exceedingly expensive, so that a good private university can cost more per year than the average American family earns annually. Even public universities may be prohibitively costly. Because the system costs so much, many people cannot afford to go to school. "A new report on the nation's universities warns that the pressures of growing enrollment, rising tuition, and declining funding have put campuses on a dangerous financial course and threaten to exclude many students from higher education." ("Colleges' failure...") This means that having a college degree is not a sign of academic ability, but merely evidence of economic ability to afford the school. Additionally, those who do go will usually be saddled with inordinate debt. Student loan repayment alone can cost as much as many lower-income individuals make monthly. "Monthly payments amounted to nearly...
Free College Unfortunately, there is not a lot of literature about the idea of 2 years free college. There are certainly many countries, like those in Scandinavia, that offer their citizens free higher education. Yet there has not been much in the way of case studies as to the merits of offering 2 years' free college. Most of the knowledge on the subject derives from demand theory, which states that cost
Federal admission issues Before one can even consider the issue of whether or not illegal immigrants should be eligible for financial aid, one must first investigate whether or not these students are even permitted to attend American institutes of higher education. Like the other questions addressed in this paper, there is no clear answer to this question. At this time, there is no federal law prohibiting illegal immigrants from attending institutes
College Investment $25,000 Investment P= $25,000 r= 2.47% t= 5 years n= F (t) = P (1 + r/n) nt F (t)= $25,000(1 + 2.47%/1) The total amount of the investment is $28,243.84 after 5 years (maximum amount of time for CD as advertised). Bank offers Certificates of Deposits for 19, 37 and 59 months (U.S. Bank, 2011). Although this Grandmother would like to save for a child's education and therefore has more than five years, many
College Education Should be Free for Everyone People everywhere in the U.S. are going into major debt just to get a college diploma so they can be eligible for a career in the job market. Fifty years ago, having to get into debt just to be eligible for a job was not a characteristic of starting a career. It is a new phenomenon that has developed as a result of the
The report also shows that some changes must be made in order to make student financial assistance more affordable, by reducing loan interest rates for example. Denis Herard also stated for the Edmonton Journal reporters: "We're on track to implementing the new tuition fee policy that will be in place and working for the students in the fall of 2007." However, the new policy must be approved by the cabinet and
To some, that suggests that college is a more viable alternative for many of those who would otherwise have sought jobs in the manufacturing sector previously. However, there are at least two reasons that such a conclusion may be invalid. First, while many manufacturing jobs have disappeared, many other types of technical jobs opportunities have emerged from numerous new technologies (Klein, 2012). Many of them require vocational degrees and certifications
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