Wednesday, May 6, 2020

The Terribly High Cost of Education - 928 Words

The cost of college has been on the rise recently making it extremely difficult for the low income or average American to afford an education after high school. This puts tons of stress on graduating high school students. Students are dropping out rapidly because they do not have the appropriate funding. Other financial resources such as grandparents are helping out students more than ever now. Financial aid is supposed to provide money to students who cannot afford tuition, but unfortunately they give very little to only those who quality. When students cannot come up with their tuition money, they are forced to take out student loans. Student loan debt causes numerous problems in the future with your financial situations. Going to college is stressful enough without the need to worry about how you’re going to pay for it and what the long term financial effects are going to be of attending college. The terrifying high cost of college is causing students to drop out at a rapid rate. New York Times magazine stated that â€Å"More than 70 percent of Americans matriculate at a four-year college — the seventh-highest rate among 23 developed nations for which the O.E.C.D. compiles such statistics. But less than two-thirds end up graduating. Including community colleges, the graduation rate drops to 53 percent. Only Hungary does worse.† (Porter,â€Å"Dropping Out† The New York Times. June 25, 2013. March 27, 2014). With this happening, you have more and more people ending up without aShow MoreRelatedIntroduction Of A Mobile Development Program1044 Words   |  5 Pagesprogrammes (CDP) is very essential. By introducing CDP, we can create more employment opportunities locally and nationally as well as increase the SME contribution to the GDP which means strengthening the economy of the country too. So this is the high time for the government, different organisations like the Bangladesh Bank, BSCIC, SMEF, NGOs, banks and international organi sations like the UNIDO, World Bank, Asian Development Bank to work together for the SME clusters development. The higher educationalRead MoreWhy College Is A Business For Multiple Reasons1128 Words   |  5 PagesAs we all know college or higher education is not cheap and easily obtained. It is something that is earned and shouldn’t be given. As we all are going to community college we are choosing the route that is either cheaper or the best effective route to getting education. Those of you that choose this route it is great because you could still keep your full-time job and go back to school for the cheapest amount with the same degree. 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