The Rising Cost of College
It is accepted by most people that the benefits of a college education greatly outweigh the cost of attending. However, with a weak economy and the rising cost of college, there has been an increase in the amount of people opposed to the college system. Kids these days are coming out of college with hundreds of thousands of dollars of debt. That is a pretty big burden for a twenty two year old just placing foot into the new world. On top of that, with a weak economy many students cannot find a job. A lot of these highly educated youths end up flipping burgers. And finally, with college prices soaring astronomically the future picture only looks worse. Imagine entering college with the proper financial plans, but leaving with loads of debt because of tuition raises that are occurring every year.
So is it worth all the work and the money? I still think the benefits of college vastly outweigh the costs. Study after study show that students graduating with college degrees make far more money than those without. I think what students need to focus on is what college will provide them with the most financial stability after they leave. Is it worth it to attend a small, out of state, private school at $40,000 a year, or is it better to attend the instate university for only 9,000 a year. Also students could consider attending local universities for their undergraduate studies, and then applying for more prestigious colleges for their graduate programs. It all depends on the student making the decision