For my P2 I am choosing to address the increasing rates of
college tuition similarly to the economist and ask you is it worth it to be in
debt for next ten years of life. The writers at the Economist are directly
addressing the public when they this article on college worth. The general idea
is that the average college experience is a four year degree that on average
ranges from fifteen thousand to forty thousand per year. This is also including
in state tuition. Now if you want to attend to a well ranked university or
college you would generally be paying around twenty thousand to thirty thousand
per year assuming that is in state tuition. This price is only going to increase.
The Economist puts it bluntly in stating that “increasing student debt,
combined with shrinking financial aid and educational returns, continue to
undermine the perception that a university degree is a good investment.”(Economist,
Pg. 112). As it currently Stands College is a very high price. It only stands
to grow more. Colleges tuition prices may rose with inflation but it did not
grow steadily, it skyrocketed. The
price of tuition is only going to increase as universities look to get more competitive
in the coming years. AS it currently goes a degree is currently unmeasurable. A
graduate could never get the chance to be successful on the other hand the
moment they grab their diploma they could receive a job offer. Fact is that a degree
is a stepping stone, a person may never even get to see this stone and other
might leap past it. It doesn’t make it right for a college to thin the herd by
annually raising their tuition. With things as they are in ten years a college
education could be the equivalent of going all in on a roulette table. Its pass
or fail. Since a degree is immeasurable is the money you could be spending to
pay for this degree five-year afterward worth it? So far the majority of
students drop out due to inability to continue their education or simply financial
reasons keep them from pursuing their dreams. So if there is an answer where
could you start to look? The budgets and cuts put upon them. The majority of
students attend public universities which directly receive funding from the
state. So the first move would be to move the focus back to education. More
students then attend due to lower prices. Increased amount of graduates as the
enrollment increases. A degree leads to higher percentage of success. But this
all starts with the notion that the students come first and that we want those
that come after us to improve the quality of life. The moment we move to the
idea that we want those who succeed us to be better off is the moment we move
in the right direction. So let’s not overcomplicate the idea that tuition is
rising, it is. We have to do something to get the eyes off of the cash flow and
on to the people who we are going to raise.
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