Many of the protesters occupying Wall Street and other places say they are upset about the rising price of going to college. There is little dispute today that the number of students who have debt has increased, and that the amount of money they have borrowed has gone up Billitteri. Many students incur large amounts of debt that will never pay dividends in higher wages or greater job satisfaction, and they graduate into a world with weak employment prospects. The current system is badly in need of an overhaul, and this paper will present several ways to bring about this needed change. The seriousness of the current situation has worsened during the last few decades. However, history has shown that in the case of tax rebate checks, people tend to spend any rebates to pay off other existing debt, or they simply save them.
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In recent decades, the cost of going to college has skyrocketed, more than doubling in inflation-adjusted terms since the s. There are three ways to make college more affordable. The first is for government or philanthropy to pick up more of the tab. The second is by borrowing the money in the hopes that the increased earnings that graduates receive will enable the borrower to pay back the loan. The third is by improving the productivity of the sector so that students learn as much or more but at a lower or the same cost. So far, students and their families have coped by relying more on assistance from government or philanthropy or by borrowing large sums of money. Borrowing has also risen sharply.
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During high school, many students begin to debate the significance of a higher education and question the importance of obtaining a college degree. However, attaining a college education offers opportunities for graduates that can not be received without it. Unlike previous generations, students who graduate high school today are not able to acquire the several well-paying jobs that were once offered. Today, graduating college compares to the importance of graduating high school decades ago.
Worry about how to pay for college is swelling in countless American families, as stock market investments sour and home equities sink. That should be reason enough for candidates to take up the topic in earnest. Lewis Being raised in a very strict and academic family, I am pressured on a daily basis to achieve my best when it