Wednesday, October 15, 2008
College Tuition: An Investment or A Fraud?
Every student looks forward to or remembers the days when the mail from colleges and universities around the country starts to pile up in their mailboxes. Its a time in a young person's life when they are to be rewarded for the years of hardwork that they have done put in during high school. However what about those students who are independent and pay for themselves or have parents with an income below the average income. Those students that have all the potential in the world just not all the money in the world, and that seems to be what is needed in today's world to make anything of yourself. It is not getting any better either as tuition costs continue to climb year after year. College board online says "most students and their families can expect to pay, on average, from $95 to $1,404 more than last year for this year's tuition and fees, depending on the type of college." With most students these days trying to work sufficent amount of hours to help pay for the tuition along with a heavy school load, so many of them have to drop out because the finicial burden of school. Reports from College board online show "the average tuition for a private four-year institution costs $23,712 a year, up 6 percent from last year, in addition the average tuition for a public four-year institution costs $6,185 a year, up 6 percent from last year." The payoff for attending college is unbelieveable. College board online says "people with a bachelor's degree earn over 60 percent more than those with only a high school diploma. Over a lifetime, the gap in earning potential between a high school diploma and a B.A. is more than $800,000." Its sad knowing that so many of our fellow Americans who are to endure the given life, liberty, and the pursuit of happiness will never get to pursue the happiness of college. Its sad to know that somewhere out there could be the next Albert Einstein, who will not prosper because they can not afford the rising tuition costs. Maybe the day has come when the land of opportunity has seized to hold opportunity.
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