College is hard. First applying and getting accepted, then applying for housing, setting a date to take placement tests, going to orientation and registration, meeting a roommate, applying for scholarships—there are many things a college student has to do before they are even a student. Most of those actions above require payments also. The price to get the best education and not become piled in debt is non-existent. With tuition, room and board, and meal plans to pay for, the price of college is becoming too expensive.
College has risen 225 percent since 1984-85 (Fox). That is an insane amount of money, not to mention that education budgets have been cut by about forty percent since 1978 (Moreno). That is a lot of money being taken from the education that students need to succeed. With the recent college tuition surges, It is stretching families to the max to even try to pay for it (Schoen). This leads to massive amounts of student loan debts. For example, since 2003 the amount of students with debt has increased eighteen percent, and these student had over 20,000 dollars in debt (“Is a College”). That is a large hole to start in when you are trying to begin your life.
Also, after graduation many of the graduates are un- or underemployed. Of those graduates fifty percent under the age of twenty-five do not have a full time or part time job (“Is a College”). With no job, a graduate would not be able to pay for the loans he took out for his education. The loans that add up to 1.2 trillion dollars total in the United States (Schoen). Also, The more money a student borrows, the more the college is allowed to charge for the education (Wexler). In addition, when a current student transfers schools, the number one reason given by the student and parents is that the college is “too expensive” (Mulhere). If students are leaving school because of cost we must have something wrong with out education system.
Fox, Brooke. “Podcast: College Tuition and Student Loan Debt Are Too Damn High.” USA Today. Gannett Satellite Information Network, 12 Sept. 2015. Web. 09 Mar. 2017.
“Is a College Education Worth It?” ProCon.org. Procon.org, 27 Oct. 2016. Web. 27 Feb. 2017.
Jensen, Andrew. “Why Is College So Expensive?” Andrew Jensen: Efficiency Growth, & Marketing. Sozo Firm INC, 3 Dec. 2016. Web. 06 Mar. 2017.
Mulhere, Kaitlin. “No Matter Who’s Paying the Bill, College Is More Expensive Than You Think.” Time. Time, 11 July 2016. Web. 09 Mar. 2017.
Schoen, John W. “The Real Reasons a College Degree Costs so Much.” CNBC. CNBC, 08 Dec. 2016. Web. 09 Mar. 2017.
Wexler, Ellen. “Why Is Tuition So High.” Slate Magazine. The Slate Group, 16 Feb. 2016. Web. 09 Mar. 2017.