This website uses cookies to ensure you have the best experience. Learn more

A College Education Is Not Worth The Time And Money

1964 words - 8 pages

Many college graduates are finding it hard to get jobs. The biggest issue is the amount of debt Americans are facing due to the college degree they were told they should have. Colleges have been raising the prices on everything from tuition to books. The government is giving out loans to students without even asking where they’re going to school for, or if they’ll even have a plan to pay off the debt in the future. The mentality is that corporations and business won’t hire someone unless they possess a college degree. Gerald Celente, from Trends Research Institute, says “It makes no difference to have a college degree.” (College Conspiracy Scam - youtube) He wants individuals to have minds ...view middle of the document...

College is now impossible for most students to afford without getting deeply into debt to do so. Guy McPherson, Professor Emeritus of the University of Arizona, says that, “as soon as you get out of college you’re indentured for life”. He said that students would graduate from college with little debt and buy a house, and then they would be in debt. He states that now college is the new house debt, except you don’t get the house. Apparently to Professor McPherson, going to college now and wanting a house someday is the equivalent in price to having two mortgages to have to pay for and worry about. He says college is a bad deal and for students to look for other options. Students all across the United States are abusing the loan situations. The government started getting involved with the loans and providing more ways for students to get money. Any money left over from student from private lending institutions such as banks FASA loans guaranteed by the government are sent to students either as a check or direct deposit into their bank accounts. Student loans taken out by the students that go directly to the college often have money left over that wasn’t used during the semester or school year. Any of that money left over goes directly to the student in the form of a check as well. Both ways places money, not spent on their education, right into their hands and easily at their disposal. Many students use this money for non-academic things such as buying food, cell phones, cars and apartments. Some of these “students” aren’t even going to college once they get the money. They enroll, get the check, and then drop out never to return. The 90/10 rule in financial aid is a rule enacted to keep for-profit trade or technical trade schools from recruiting only low income students or students who aren’t likely to do well but qualify for financial aid. This rule requires schools to show that 10% of their income comes from sources other than federal financial aid, meaning some colleges determine that students need to provide 10% of their costs. This law and other laws pertaining to these schools are being examined for their fairness. Private for-profit colleges have to keep raising tuition prices to stay within the 90/10 rules. The government destroyed the free market in college education. The government needs to get out of the educational market and private banks need to get back in it. The private banks need to compete against each other with lower, more reasonable, interest rates. The majority of the students today who qualify for loans from the government would no longer qualify. Nevertheless, this will force colleges to bring down their expenses in order to charge affordable tuitions or close their doors for good.
Textbooks alone have become a scandal. They’ve tripled in price over the past decade. Textbook publishers are working with college book stores to make custom text books so people can’t save money by buying them online. They make slightly...

Find Another Essay On A College Education Is Not Worth The Time and Money

Caroline Bird's College Is a Waste of Time and Money

1695 words - 7 pages nothing to do with getting a good education. A great football team, a huge recreation centers, and stores on campus, were some of the reason I had heard. The other point that I agree with is that Americans put more priority on jobs they like doing than the jobs income. Unfortunately there are far more things I do not agree with in Caroline Bird’s article. First of all, how can she write an article stating that college is a waste of time and money

College is wasting our time and money

1088 words - 5 pages getting hired and being more counterproductive! In today’s time, colleges have slowly turned education into a commodity and made a market. People are continually informed that going to college is the essential difference in our competitive job market. The numbers are often neglected, and people are misled to believe that everyone is meant to go to college. Although not everyone can be a doctor or a lawyer, and some majors don’t pay in the long run college, it is still a great opportunity for those who can properly prepare for the time and money it requires. College is not the difference between success and failure if you don’t attend.

College Is Not Worth It: The Fleecing of America's Youth

4153 words - 17 pages heartbreaking issue because students and many concerned parents pay so much money and dedicate so much time in college, and now students have no job opportunities in their field. Another hopeless field is the elementary education majors. This field has a five percent unemployment rate among the recent graduates (1). Not doing any better are agriculture and health sciences which have unemployment rates well below the national average (1). Sadly, after

Response to Article College is a Waste of Time and Money

1028 words - 4 pages ) Alexie’s strength and courage did not only come from his father, but also from himself. The next important factor in a child’s education is confidence within him/her. Guidance counselor, Beatrice Javian has seen for the past 42 years that confidence can either make or break a child’s education. Javian explains “Students that have confidence and believe in themselves do very well in school. Now I am not saying they get straight A’s, but I can tell

General Education Courses Are A Waste of Time and Money

2024 words - 8 pages money. College is basically composed of two parts: general education classes and major specific classes. General education courses are the source of wasted time and money, and should not be required of students. A few of the problems associated with general education classes are that they are basically a repeat of high school, unfortunately they can be the demise of students, they are costly, and they waste time. The transition from high school

America Online , AOL. Worth your time and money

609 words - 2 pages You have probably heard of the Internet, but you weren't really sure if it was for you. You thought about it, but after all it costs so much and things like pornography and improper language are used everywhere, right? Wrong! Perhaps, I can convince you that America Online will be worth your time and money.One of the main reasons that people don't go online is that they think that it costs too much. America Online or AOL doesn't really cost all

How the cost for education in a college setting rivals after high school employment. The question states "is college is worth the cost?"

527 words - 2 pages more students to stay at home for a longer period of time. 30 years ago it was not unheard of for many 25 year olds to have a full time job, house, and family. Now the average person with such luxuries is in their 30s. An estimated seven thousand dollars keeps students from boarding at their university; causing students to live at home for a longer period of time, even past their mid twenties.The time it takes to get a college degree has

Education should be a right not a privilege - El Paso Community College - Essay

868 words - 4 pages “Education should be a right not a privilege.” By: Senator Bernie Sanders I have regularly heard the idea that kids are fortunate that their school is free since the education to youths should be a benefit and not a right. According to a live ticker created by MarketWatch, student loan debt is increasing at a rate of $3,055 every second. Overly expensive College Tuition was taking away opportunities from students. The cost of college fee is very

Is a College Degree Worth the Costs?

1046 words - 4 pages Many people believe that a college education is a worthy investment. The ability to become a college graduate will result in making more money. There are more jobs in today’s society that require college degrees. College graduates develop more and better employment opportunities within earning a degree. Self-discipline is a major element in becoming a successful graduate. Also, college graduates are healthier and live longer. Adults-young

Think about a time in your life when you exhibited grit or did not exhibit grit - college English - Essay

877 words - 4 pages worked as hard as I could for the next year. I knew that the varsity coach would be watching. She was watching, and the impression I made, and the skills I showed at tryouts the next year helped me make it on the squad my junior year. By the time tryouts came for my senior year, it was almost a given that anyone that made the squad their junior year would make it their senior year. That is not always guaranteed. I still tried my hardest, and the

Is College Worth the Cost?

1645 words - 7 pages get, and not worth the money. However, most people believe that college is necessary in order to further their education, and in order for them to earn their degree. They think that this degree has the ability to help college graduates get a job and work up to a career that only someone with a college level degree is able to achieve. The truth lies in the facts, and statistics. College is the seven-letter word that all people should be thinking

Similar Essays

Is College Worth The Money? Essay

1161 words - 5 pages “College is a Waste of Time and Money,” she examines how college has been viewed for so long as the best place to send high school grads no matter whether they actually want to go or not. She adds that students don’t realize how much college costs and are wasting their parents time and money, which is especially a horrible thing to waste. Now that the economy is better since September 11th and states have been stabilizing their budget debts, it doesn’t

Is College Worth Our Time And Effort?

1227 words - 5 pages the end, is getting a college education really a better way of getting a job than just heading straight into the workforce? As long as tuition costs and unemployment rates in America continue to rise, I do not think that going to college would be a good idea especially with the amount of stress and pressure these students have to endure while working for a degree. Works Cited Peralta, Katherine. “College Grads Taking Low-Wage Jobs Displace

Is A College Education Worth It?

948 words - 4 pages 19.9 million students were enrolled in college in 2013(procon.org). More and more people are going to college every year. It may be expensive to go to college, but it all pays off. The reason why more people keep enrolling in college is because it really is worth it. It is worth spending the time and money on a college education because people who have a college education can have more Job opportunities, more benefits, and bigger salaries

Is A College Education Worth It?

1307 words - 5 pages graduation. Others decide to go into the work force, armed forces, or simply remain unemployed. The question that many people debate about is, is a college education worth it in the long run? Though some people believe a college education will benefit ones’ career, others believe it will cause a mass of debt and loans for college students and graduates, and postpone life events. Those who think a college education is not worth it believe that