Friday, February 22, 2019
College Is Exensive Essay
With a college degree being as needed as it is, it is incredibly pricy to get one. Studies show that some(prenominal) luxuriously school graduates that do attend college, attend that following division bringing the colleges plenty of money. After doing some math, the numbers suggest that in general close to colleges are bringing in plenty of plain money with an average 5. 3 trillion dollars of addition. This is something that majorly hurts students financially who are plainly trying to get a college degree, which will be in run used to essentially get themselves a well- give uping career so they shtup pay back what they spent toget their college degree in the first off place.Living in straight offs nightclub, graduating from high school is only if not enough. Many employers will no longer visualise for retributory a high school diploma when considering hiring somebody, but they instead look for a college degree. A college education is almost as necessary for todays youth as having a place to live, especially because its incredibly difficult for many people to afford a topographic point without the financial stability that comes with a job provided by a college education. Our society is extremely dependent on collegesbut, are we in some trend harming ourselves by sacrificing huge portions of our annual income to these institutions? Colleges may be too expensive to call for both high school graduate in the coupled States attending one. In a study by the U. S. Bureau of toil Statistics, it was found that 66 percent, or two of every three high school graduates attend college right out of high school (College, 2014). We assessment that for the 2013-2014 school year thither will be 3. 3 million high school graduates (What, n. d. ) , and we know that about.2,178,000 or two-thirds of the graduates will go on to attend college right away. Now taking an average cost of college at about $20,000 (Whats, n. d. ), we find that colleges across the U. S. bring in around an estimated essential of $44,425,000,000 per year. Thats 44. 4 billion dollars towards U. S. colleges every year from the students alone. When we consider that there is a rough 6,700 colleges in the U. S. , it can be reasoned that, if every college received the same amount of money, the average income per college per year would be about $6,600,000.Now consider the fact that an average college can be unbrokenrunning on around $1,300,000 (Agron, 2009) (this price varies between colleges, given a more prestigious college will use more money to pay for better t each(prenominal)ers and academic opportunities). This means that on average, colleges gain an annual profit of around $5,300,000 per year. College is extremely expensive, and the amount of money that they seem to keep each year is far too much. We dont just pay only for our education when we pay for college, but also to the board members most likely using the extra money brought in for comfort, providing a n icer lifestyle for themselves.While I do understand that collegesneed to bring in large amounts of money to stay in the black, I do not support the need to charge the incredibly costly amounts that they do. References Agron, J. (2009, April 1). 38th yearbook Maintenance & Operations Cost Study for Colleges. Retrieved frame 10, 2015, from http//asumag. com/Maintenance/university-maintenance- operations-cost-study- 200904? scalawag=15 College Enrollment and Work Activity of 2013 High School Graduates. (2014, April 22). Retrieved March 10, 2015, from http//www. bls. gov/news. release/hsgec. nr0. htm What are the new Back to School statistics for 2014? (n. d. ).Retrieved March 10, 2015, from http//nces. ed. gov/fastfacts/display. asp? id=372 Whats the Price Tag for a College Education? (n. d. ). Retrieved March 10, 2015, from https//www. collegedata. com/cs/content/content_payarticle_tmpl. jhtml? articleId 10064.