Summer’s almost over and what a memorable, bittersweet summer it was indeed. And before that you were at prom, watching your friends get crowned prom king and queen, you were at the football team’s barbecue party right after the season ended. You and your friends are almost ready to bid your goodbyes, having been accepted to one of the schools you have applied and prepared those forms for.
You’re ready to leave the safe comfort of your hometown behind and face the beginning of the rest of your life. But hey, not just yet. Because with the forms and sample acceptance letter that came, is an invoice of what seemed to be such a hefty college price tag. You weren’t prepared for this.
While most countries still charge hefty fees for tuition or enrollment, about a third of OECD (Organisation for Economic Cooperation and Development) countries’ bachelor or equivalent level institutions remains to have free admission for students looking for a degree. But at $8,200 a year in public institutions at bachelor level, in the latest report released by OECD, the United States still shows as the country having the highest average annual tuition fees out of any country globally.
While that appears to be such an expensive amount for most students preparing for college, they still get a lot back, in the form of student loans provided by the system, grants by a thousand or so organizations and scholarships offered left and right for those who are qualified and managed to maintain excellence in academic performance. Financial support like the ones mentioned at least keeps the student in school despite the rise of tuition fees by nearly twice as high, especially in the best schools and independent private institutions. You may also see sample school receipt templates.
So you’ve graduated and got through senior class. Where to, graduate? Despite the fact that American students whose parents can’t afford to pay pricey school fees aren’t necessarily deprived of education, as they get ready for the coming semester, most of them as well as their families have worries beyond the homework and the time of parting. For college students, going to school also means having to pay for lodging, books, and food on their table.
Hence, many of those studying in universities look for part-time jobs that will help them with the thought of price tags on their tuition receipts and how they can get it covered by taking advantage of whatever financial support is available to pay even just a part of it, while they work shifts for the other part. This also brings us to the dilemma of course choices and many of today’s college students choose to settle with pursuing a degree that they don’t really like but with finances that their families’ simple budget and their own, can work with. That makes for a sad story, don’t you think?
Every student should be motivated to go for what they want and what even is the use of dreaming if you cannot dream big? But people will argue that they have little choice, unwilling as they are, to shell out what they can to cover for the amount on the receipt they receive for this semester’s school fee.
For even with the option of student loans, you still have to worry about their increasing interest rate and how you can pay it off. It means you are already debt-ridden while you’re still a student, but for many, that’s a better option than none at all. The debate over a restructuring of student loans so as not to bleed young professionals dry, or how to look at your invoice at the start of every semester without crying, are the topics of hot debates over political discussions, on parties and around partisan dinner tables. But then again, this couldn’t be new.
The issue of paying so much for access to education that would pave the way to one’s dreams is really nothing new. This has been a debate that has seen one hundred years into the fray of political parties and the richest Americans that has ever lived.
Because once upon a time, people were contented to take on mining jobs after high school. Women stayed at home. Men became farmers or worked either in the mines or the railroads. Life was simple. Or so they thought. Until cities boom, schools became bigger, women strive to be educated. And the rest they say, is history.
Most options back in the days, were low-paying jobs that kept a steady flow of money and a workable family budget so society dd does not have to worry about college. But that was then. In the 20th century, people have sought out better careers to move up on the societal ladder, be healthy and influential or just because going to college seemed pretty normal. Young men and women naturally felt deprived if they couldn’t go. And so they were allowed but that didn’t come without a price. Literally.
There was an undertone in the American society when people started wanting to get a college education. “If they want something so big so bad, they surely have to pay for it, because it’s only fair.” And sure enough the national economy had seen a new rise and colleges were moving further and further away from the small towns and suburbs, away from the ministry-focused mission that people once had and as a result, as an obvious result, the country’s best universities and biggest colleges raised fees for college entrance and tuition.
Just like the United States health care system, its colleges and universities are unlike businesses, staying true to the country’s capitalist ways, yet it is still largely detrimental to international students who have gained grants and scholarships of one form or another only to emerge and finish, later on, having thousands of dollars in debts to their names. Based on a data from the Institute for College Access and Success in 2013, student loan debt for graduating students was on a staggering average of $30,000.00.
There are five main categories of expenses to think about when figuring out how much your college education is really going to cost: tuition and fees, room and board, books and supplies, personal expenses, and transportation. You can control some of these costs to some extent. And when you know how much you’ll need to spend on these expenses, it makes it easier to create a college budget.
Tuition. That’s arguably the biggest dilemma during college for both students and families who earn a meager income. Tuition is also the biggest part of college costs because it’s the price you pay for the classes you take in school. Along with that, you also have to pay for other fees to complete your college enrollment. Different colleges charge different fees. It varies from college to college, depending on where you enroll.
Other universities ideally include board and lodging for dormitories within the university, along with books and school supplies. Just like tuition, the cost also varies depending on the school. That’s why choices you make in college is important. Because the costs you have to pay depends on those choices. One more thing that you should take note of, is that the published price or the figure you see on the university flyers and brochures are not going to be the actual price you’ll be paying because most of the time, students pay less, thanks to one form of financial aid, or another. You may also see sample daycare receipt templates.
College being too expensive has been a common misconception for the longest time. However, once a student starts counting what college includes and what it really costs, it can be argued that getting into a university, getting a college degree, isn’t far out of reach. Although it’s the process of enrolling and paying the fees is far from easy, the price you pay for it, is not that high, considering what you have access to. You have options for the taking. You may also see sample money receipt templates.
The secret is taking advantage of them. Then again the headlines about students ridden with a debt of about $75,000.00 don’t really say much. It doesn’t tell you everything, no matter how utterly shocking those you may find those figures to be because it’s mostly meaningless. It doesn’t count for much until you actually start repaying which for some will be far more and for others, far less, depending on how much you will be earning for your jobs outside the college.
People say that a nation’s brilliance and ability to always rise above the rest depends on how its people think and how well educated they are to the point of aiming for the best and being productive on whatever they strive to do. Without an open critical thinking, without making room for education and improvement, a person gives way to ignorance and thinks backward as he or she becomes inevitable stagnant. Throughout history and across civilizations, education has played a key part in societal and economic growth. You may also see expense receipt templates.
Although the United States is consistent in placing education as the cornerstone of building the nation towards further development and prosperity as it plays its part n being a world leader, the education system actions (or lack thereof) on education’s monetary value over the years have always been debatable.
However, it is still really important that we consider what seems to be the inevitable: that there probably is, and there probably would never be a sole and perfect resolution for funding the education system to cater to those who want access to education, the best way possible. At the very least, let us also consider, if we can find no other justifiable reason, that the needs of educators and students in our country, or any country for that matter, will always be dynamic and changing, as standards rise and fall.