College Tuition Problem

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The Problem With College Tuition and Loans Christopher Ortiz G Band Christopher Ortiz G Band 10/4/15 College tuition is a problem that the overwhelming majority of students have to deal with. The issue that comes from students taking loans or grants from banks or even colleges themselves is that students will have to pay back that money, sometimes with interest. It is just ludicrous that a student will have to borrow money that they don’t have, only to try to pay it back with money that they still don’t have. The outrageous cost of colleges and universities in today’s world is far beyond what it’s supposed to be even with inflation. In order to solve the issue…show more content…
There are even those that say that college tuition should be mandatory because of this exact reason. When asked if college tuition should be free, republican presidential candidate Donald Trump stated, “ Right now, it’s not fair. It’s one of the only places, frankly, where our country actually makes money. And they make a lot of money. And that should not take place.” As a result of college tuition costs, the U.S. government made $62.6 billion in 2012. Although the government makes a massive amount of money from college tuition, it still doesn’t reach the amount the government pays subsidizing the cost of college through grants, tax breaks, and work-study funds; that cost comes out to $69 billion. It spends another $107.4 billion on student loans. It is for this reason that the government would actually be saving money if it made college free for everyone. Yes, college should be free for everyone, but that does not mean students can go to any college. The requirements needed to gain acceptance into certain programs would still stand, to keep the prestige that many universities and colleges have worked so hard to…show more content…
He regularly writes for The Daily Dot about current events. Bacon, Perry, Jr. "Should Hillary Clinton Call for Debt-Free College for All Americans?" NBC News. N.p., n.d. Web. 04 Oct.2015. . Perry Bacon Jr. is a veteran political journalist and commentator. He is currently a senior political reporter for NBC. Previously, Perry has covered presidential campaigns, the White House and Congress for the Washington Post and Time Magazine. Rowan, Rachel. "High Cost of Dropping Out - If You Don't Graduate, Student Loan Debt Hits Even Harder." Tuitionio Student Loan Blog. N.p., 11 Mar. 2013. Web. 04 Oct. 2015. . Rachel Rowan is the lead writer for Hloom.com, a resume template firm. She spent a decade in HR staffing in the recruiting industry before becoming a freelance writer and has written for Tuition.io and was syndicated on Business Insider. Weissmann, Jordan. "How in the World Did College Costs Rise 15% in Only 2 Years?" The Atlantic. Atlantic Media Company, 13 June 2012. Web. 04 Oct. 2015. . Jordan Weissmann is a senior associate editor at The Atlantic, which covers news and analysis on politics, business, culture, technology, national, international and life on the official site of The Atlantic Magazine, and Slate's senior business and economics

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