Type of paper:Â | Essay |
Categories:Â | College Education Finance Students |
Pages: | 6 |
Wordcount: | 1517 words |
The value of higher education is increasing at a fast rate compared to inflation in the United States. In most counties around the world, students face financial difficulties when it comes to accessing college education. Education is an integral part of human beings' lives, and there are many reasons why college students should be allowed to get free education. Debts free education not only does it help in impacting the whole society positively, but it also helps improve personal benefits for each student. Thankfully, the advancement of technology is assisting in increasing access to education worldwide. However, many schools and countries have a long way to go, and some of them weigh up the advantages and disadvantages of providing quality and affordable education. As time progresses, free higher education is becoming a possibility, especially in higher learning institutions. This paper will try to argue why college education should be open and its advantages.
Free education will help students to reduce the amount of taken throughout learning. In 2011-2015, the value of student loan debts related to attending college reached $ 1.3 trillion, which increased by 39%. College students request financial help, which comes as a student loan (Mishory). Most students take out loans to pay for their tuition and to cater for their cost of learning. With making the college education free, the costs incurred will be shifted to other places like a tax in fuel and sales, which will reduce the burden of tuition fees by making it easier to handle.
It would offer many students with vocational knowledge. Currently, only fifty-six percent of students get enrolled in their first year of college in six years for them to get a degree. These students face stiff completion rates from the students who study in private colleges, nonprofit making colleges. Availing free college education will help students with few opportunities to pursue their dream career that they have passion about, offering them a chance to keep away from general help activities.
Innovation would hit new levels. The present education systems offer students little or no opportunity to get creative since they are forced to look for ways to settle their debts. The short time they have to try new ideas, pursue exciting concepts, or explore their talents is taken away by high payments. Further, free college would increase people's happiness, which would make them healthier. The possibilities of having incredible moments of innovation that could lead to a changing world would be higher.
Students will be able to focus on their education. A college education is expensive, especially for students from a poor background, regardless of whether the student loans are available. In the United States, the Pell grant accounts for about 30% of the student's tuition fees (Allison). Compared to the past, this grant covered about 75% of their tuition costs. Students can focus more on their education when less debt is involved, and as a result, most students after graduating will not be looking for jobs to pay up for those expenses (Allison). That will help them achieve better grades and later get better job chances regardless of their social and economic situation.
Free education will help the society economically. Students graduating with higher loan debts reduce their chances of purchasing homes and other things in the future. Some people have been able to get married since they have high levels of students' loan debts. People with high debts will put off the chances of having children. To both the people and society, it impacts them directly, especially in negatively accumulating wealth.
Most students will get an opportunity to try multiple majors. The decision on which central to pursue is one of the struggles that most students face when attending college. Many are forced into pursing particular programs at a certain level since they cannot afford the cost of having classes out of their primary area of study to get a degree. If higher education were free, there would be more opportunities to look at in different majors.
More students would join colleges in seeking academic excellence. Many people would be encouraged to go to colleges if education was free. As long as an individual earn a high school diploma, it would allow them to join college if they desire to do so. It will also exclude those individuals who have not invested wholly in education while still offering incentives to get back to school even after dropping out.
More value will be added to specific degrees in individual institutions. When college education is free, it will make a unique difference in knowledge from their employers' standpoint. Students who wish to a personal program, 4-year, would be allowed to do it. The degrees offered in that institution will have more value compared to those that offer free tuition (Wolfram). Further, students without money, talented and skillful, would still provide stiff competition for work. With a degree as an added value, a student who is interested in it would always be accommodated in this structure.
More economic activities would be produced. Under the current system for students in the US, when spending occurs at public institutions, the created economic activity that results from that spending is similar to the tax cut. It is the same as the generated economic activity by spending on infrastructure. College graduates produce more revenues compared to the general population.
A free college education would allow the student to have a share in their knowledge. There will always be students who are not careless about their studies in all institutions than the social aspects of attending college (Ison). The student will still have their stake in education even under a free college system. One form of responsibility is financial responsibility, which is possible. Some of the possibilities that can be instituted in a free education system are maintaining a particular GPA, being eligible for a job placement service, or expected to graduate in a specific time.
Free college comes with a reasonable annual cost. It is estimated that paying for free college in the united stated ranges about $ 70 billion annually (Allison). With a 10% slash of the money spent in defense, every state's supplemental findings can help achieve that money. Though such a move would have some repercussions, the opportunities created would empower students to pursue a career they have passion for (Allison). Most people are not engaged at work, according to CBS News. These kinds of employees are likely to perform the minimum position and nothing much. Giving people opportunities to pursue what they have passionate about changes everything else.
People will be equipped for a changing economy. A changing economy requires people who are ready for it. Free college would be its safety net for workers in this changing economy. When one industry fails, another stats up. That needs employees to be trained, which becomes a financial responsibility that falls on them. The current system would not favor these moves, but free education structure would keep many people working, and many would be back faster.
In conclusion, free college education shows that there would be more change s to our society that would need adaptation. The merits of reducing the debt, giving students the relevant knowledge, and leading people in becoming more innovative are some of the pros that free college would offer. If all stakeholders come together to work on free college, it would create a very successful experience. Around the world, many countries are already offering free degree programs. Overall opinion is that the idea of the free college education activities that are very helpful to students and the community.
Notably, the cost of college education has gone too high forcing so many students delay and takes more time during their careers. It can be beneficial to the student who struggles with Incurring College; people who started and never finished their degree or even those that want to create can do so freely. It can motivate more people to get a college education, positively affecting the community by lowering unemployment and more revenues to support the country. It can help students improve their motivation for teaching, keep them away from stress for not having a large amount of debt, and have them right in their education path. It can enable families that face financial difficulties to focus more on their workforce without fearing that anytime their children can drop out of school due to lack of fees. Finally, I am thankful to technology and introduction of digital educations systems which have seen integration of education globally and many students are able to cut some costs.
Works Cited
Allison, Tom. "Rethinking SNAP benefits for college students." (2018). https://vtechworks.lib.vt.edu/handle/10919/84072
Ison, Matthew P. "The Viability of Tuition-Free Community College." Educational Policy (2020): 0895904820951119. https://journals.sagepub.com/doi/10.1177/0895904820951119?icid=int.sj-abstract.citing-articles.1&
Mishory, Jen. "Expanding" Free College": How to Build a Job Training Guarantee." Century Foundation (2019). https://tcf.org/content/report/expanding-free-college-build-job-training-guarantee/
Wolfram, Hannah. "Is Tuition Free College the Golden Ticket? A Time Series Analysis of Germany’s Higher Education Policy, 1990-2017." (2020). https://digitalcommons.ursinus.edu/bus_econ_hon/44/
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Why College Education should be Free - Essay Sample. (2023, Dec 30). Retrieved from https://speedypaper.com/essays/why-college-education-should-be-free
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