College Expense

Ignorance: The One Thing More Expensive Than College Although a good education for all Americans is essential for individual success and national economy, the truth is it has become increasingly expensive and doesn’t even guarantee a job after graduation. What exactly qualifies as a “good education?” Most people associate higher education with good education. Every year students will have to pay 3-4% more over inflation due to available subsidized loans and increased aid (McArdle). This means that because of the massive amounts of people receiving some form of aid, colleges are raising the costs to compensate charging more from the students who “can afford college.” As if anyone not in the upper 10% can attend some of these universities without struggle. Is the education they’re receiving 3-4% better, or what else could contribute to the higher costs of attending college? How much of the degree a graduate earns is “credentials, and how much [is] education?” (McArdle). A diploma should not be like Prada— based on reputation of school, rather than the effectiveness as learning the curriculum. Millennials grew up being told the only way to get a good job was with a college diploma. The effect of this mentality was our college systems being flooded making the value of a higher education decrease. With the increasing amount of college graduates and the decrease in amount of available jobs, is a college education necessary or even worth it? Assuming it is necessary and worth it, is it a “right” that everyone receives a college education? A common question is, how is a college degree worth the money when a graduate comes out with an immense amount of debt, and no guarantee of a job? “At one time people could be financially successful without going to college or a trade school, but today's economy and changing times now make it almost necessary to participate in some type of education or training beyond high school” (Bell). That’s lead to the