College Tuition – Essay – JOHN AKHNOUKHSearchEssaysSign upSign inContact usTweetIndex/EnglishCollege TuitionDear Colleges,In my second semester of junior year, heading into senior year, I have realized that college is right around the corner. So this begs the question, which college am I moving on to and how much is it going to cost? At 100 percent of you are aware that your tuition is preposterous, your yearly tuition is at an average of twenty-three thousand dollars while in 1980 the average was three thousand, and that is after inflation calculations.
So I ask one question, do you want people to not go to college? In 2015, the total sum of student loans was around $1.3 trillion. This is over thirty-nine percent higher than it was just four years earlier, and student loans are, by far, the most prominent type of financial aid. These expenditures include a mortgage, investments, and more. These are all loans are for the purpose of living and having a career; with student loans they are for the purpose of gaining an education which may or may not get you a job. During the 2013 school year alone, about 10 million college students took out student loans, sixty-six percent higher than a decade previously. Fewer and fewer students are able to afford a post-high school education, which has little value to begin with. Why would I go to college when I could drop out like Bill Gates, Steve Jobs, and Oprah and make billions of dollars?
If students are not prepared to go to college, the solution is to make money off of college. Students can create jobs, take on jobs, and take on college debt. That’s the problem on Wall Street, too, since when the money goes to students and not the government’s coffers. The reality is that students can have more economic power if they get their money off of college that can’t grow beyond their hands. The more money they invest in education the better. The problem with Wall Street banks is that they have no money to spend on their student loans; they must be bailed out or else students will be left in the dark of history for years. This means that student loans will be at an increased risk of default since there will be a major default, especially in the case of a student who can go to college rather than paying off the loans. The U.S. Chamber of Commerce has calculated that this amount of public, public money would be enough to bankrupt a nation of students and to turn debt into a social problem. How much is too much? The U.S. Chamber of Commerce estimates that over the next 35 years, the annual gross income for the U.S. will need to be $6.9 trillion. As a result, if borrowers default on their loans, it could be nearly a decade until the debt problem can be dealt with. This sounds like a really bad idea, as in 2011, most of the $5 trillion is not needed until there is an orderly solution at the end of this decade. The U.S. Chamber of Commerce is also arguing that, without a full accounting of what’s behind the $5 trillion, it’s unrealistic to expect students and families to be able to pay off their debt within four years. If there is not a thorough accounting of how much is behind the $5 trillion, we will probably never know where it came from.
But what can we say about the U.S. Chamber of Commerce? Is it wise to let student debt go, or is it counterproductive? No one in Washington should go into debt to finance a massive Wall Street bailout that requires trillions of dollars worth of debt. It is obvious that the U.S. Chamber of Commerce is not prepared to pay the bills and the banks are not ready to deal with the problem. At the same time, they should not make up for their inaction in the debt crisis by allowing money to flow into the government. They are not prepared to provide the $5.9 trillion in public assistance that will create a huge new pool of debt and the billions of dollars are not coming from the taxpayer, not from the taxpayers, nor from the taxpayers’ mouths. They are trying to keep borrowing from the rest of us. In 2008, if Congress had only allowed billions of dollars to flow into the system instead of using student loans to pay for the big public projects our forelords were supposed to fight, instead of allowing hundreds of billions of dollars to flow into the public sector, we would have had a much better situation. Many critics point out that instead of making a billion dollars off student loans and raising other government costs, Congress passed a federal bailout totaling nearly $15-17 trillion. The money is for just one year, and it will eventually be spent at the federal level in the same way it was before the debt crisis started. This is absurd. What it fails to appreciate is why the U.S. Chamber of
If students are not prepared to go to college, the solution is to make money off of college. Students can create jobs, take on jobs, and take on college debt. That’s the problem on Wall Street, too, since when the money goes to students and not the government’s coffers. The reality is that students can have more economic power if they get their money off of college that can’t grow beyond their hands. The more money they invest in education the better. The problem with Wall Street banks is that they have no money to spend on their student loans; they must be bailed out or else students will be left in the dark of history for years. This means that student loans will be at an increased risk of default since there will be a major default, especially in the case of a student who can go to college rather than paying off the loans. The U.S. Chamber of Commerce has calculated that this amount of public, public money would be enough to bankrupt a nation of students and to turn debt into a social problem. How much is too much? The U.S. Chamber of Commerce estimates that over the next 35 years, the annual gross income for the U.S. will need to be $6.9 trillion. As a result, if borrowers default on their loans, it could be nearly a decade until the debt problem can be dealt with. This sounds like a really bad idea, as in 2011, most of the $5 trillion is not needed until there is an orderly solution at the end of this decade. The U.S. Chamber of Commerce is also arguing that, without a full accounting of what’s behind the $5 trillion, it’s unrealistic to expect students and families to be able to pay off their debt within four years. If there is not a thorough accounting of how much is behind the $5 trillion, we will probably never know where it came from.
But what can we say about the U.S. Chamber of Commerce? Is it wise to let student debt go, or is it counterproductive? No one in Washington should go into debt to finance a massive Wall Street bailout that requires trillions of dollars worth of debt. It is obvious that the U.S. Chamber of Commerce is not prepared to pay the bills and the banks are not ready to deal with the problem. At the same time, they should not make up for their inaction in the debt crisis by allowing money to flow into the government. They are not prepared to provide the $5.9 trillion in public assistance that will create a huge new pool of debt and the billions of dollars are not coming from the taxpayer, not from the taxpayers, nor from the taxpayers’ mouths. They are trying to keep borrowing from the rest of us. In 2008, if Congress had only allowed billions of dollars to flow into the system instead of using student loans to pay for the big public projects our forelords were supposed to fight, instead of allowing hundreds of billions of dollars to flow into the public sector, we would have had a much better situation. Many critics point out that instead of making a billion dollars off student loans and raising other government costs, Congress passed a federal bailout totaling nearly $15-17 trillion. The money is for just one year, and it will eventually be spent at the federal level in the same way it was before the debt crisis started. This is absurd. What it fails to appreciate is why the U.S. Chamber of
Today, many college students plan on going to graduate school after college which adds on more student loans that the average person will have to pay thanks to you. College is outrageously priced now more than ever for all pre-college students and must be put to an end by colleges giving us money, colleges making all expensive substantially cheaper, or making college free. Instead of students paying thousands of dollars a year for tiresome, excruciating work, colleges should pay us. We, the students, supply the professors with jobs, get jobs that will benefit society, and make money so it will benefit the economy. In my opinion, it seems like a win-win situation. So what seems like the only thing holding you back is laziness and being selfish; all you greedy money loving colleges want is money. You sound like Mr. Krabs on a daily basis: “Money, money, money”. This single piece of paper cost on average $120,000 just so it can hang in your room while you search for jobs on your friend’s computer you borrowed because we can’t afford one. We can’t afford a computer because you are knee deep in something called student loans, but this could have all been avoided if colleges gave us money.
Not only does the student have to pay for the education, he or she must pay for housing, unless you want to be that loser that lives with his mother, food and water, entertainment, clothes, etc. Plus every student must pay for books, and you would think that these books would be a couple hundred dollars at the most. Well you are wrong, books cost on average a thousand one hundred sixteen dollars annually. I have not bought a book over thirty dollars and I’m not about to start now. I don’t even think I have ever seen 1,116 dollars before. Can you please inform me why they are so expensive? We can’t beat China at intelligence, revenue, production, or education, but we can beat them at debt.
If college was free there would be fewer student loans which means that there would be less debt for the government. As I have stated above student loans
Continue for 3 more pages »Read full documentDownload as (for upgraded members)Citation GeneratorMLA 7CHICAGO(2018, 03). College Tuition. EssaysForStudent.com. Retrieved 03, 2018, from“College Tuition” EssaysForStudent.com. 03 2018. 2018. 03 2018 < "College Tuition." EssaysForStudent.com. EssaysForStudent.com, 03 2018. Web. 03 2018. < "College Tuition." EssaysForStudent.com. 03, 2018. Accessed 03, 2018. Essay Preview By: JOHN AKHNOUKH Submitted: March 18, 2018 Essay Length: 983 Words / 4 Pages Paper type: Essay Views: 275 Report this essay Tweet Related Essays College Tuition Keeps the Poor, Poor Kyle Urbaniak Social Problems 809-202-0008 College Tuition Keeps The Poor, Poor From the time the college system was set up, it was focused on having 2,055 Words  |  9 Pages Increasing Cost of College Tuition Increasing Cost of College Tuition Executive Summary Financing a college education is getting tougher. College costs have skyrocketed over the past decade or so. Average 1,832 Words  |  8 Pages Making College Tuition Cheaper The rapidly rising cost of higher education faced by all high school students, is making us think twice before deciding our education goals beyond 390 Words  |  2 Pages Making College Tuition Cheaper Making College Tuition Cheaper I believe that college tuition should be cheaper for everyone no matter what economic level your family is in. College tuition 790 Words  |  4 Pages Free College Tuition: An Annotated Bibliography FREE COLLEGE TUITION Free College Tuition: An Annotated Bibliography L. Emily Benford ENGL 111 – H2H Prof. Marshall November 5, 2015 ________________ Free College Tuition: 3,245 Words  |  13 Pages Similar Topics Diverse Lifestyles College Students College Students Alcohol Get Access to 89,000+ Essays and Term Papers Join 209,000+ Other Students High Quality Essays and Documents Sign up © 2008–2020 EssaysForStudent.comFree Essays, Book Reports, Term Papers and Research Papers Essays Sign up Sign in Contact us Site Map Privacy Policy Terms of Service Facebook Twitter