Friday, March 22, 2013

Is College worth It
This article is about how much money a college graduate will earn compared to a high school diploma. It first tells us about estimates done a while ago with non-profit organizations, these organizations predict $800’000 or $1’000’000 more earnings for college graduates over high school diplomas. Then it introduces you to a man named Dr. Schneider. Dr. Schneider did an independent study and found that these earlier prediction failed to account for tuition student loans and other fees for college. Dr. Schneider then did his own research and found that the average college graduate only earns more than$270’000. It also introduces us to Lauren Asher. Who says none of these studies are accurate that what you major greatly effects income. Also many colleges’ prices are very different to. The estimated total earnings are range from $270’000 to $450’000 and $800’000 and even a million dollars more total lifetime earnings for a college graduate. Yes college is worth it despite raising prices and college loan even with all of that plugged in to the debated equation the graduate of college will still earn $270’000,and if you get scholarships or other financial aid that won’t  put you in debt you will benefit even more. When I go to college I plan to have some scholarships to back me up and many college funds saved by my family for me and my brother but the biggest source of aid will come from military scholarships such as the, post nine eleven G.I. bill.
Part 2
                Without student loans or anything else for an 18 year old living on campus estimated net price for four years at UCF is about $15’7000 for a year so $63’000 for an in state tuition out of state tuition is double. For four years UCF is an expensive school for in state attendees out of state attendees have double the yearly costs leaving overall costs at $31’400 that’s $126,000 for four years. Four years at FSU lands you at the four year cost for an average student just out of high school at $20’060 so that is 80’400 for four years; it is again double for out of state attendees $40’400 per year so 160’800 for a four year degree this one doesn’t include books or other miscellaneous expenses. This price could easily land an out of state attendee at over $200’000 dollars to attend FSU. They all recommend student loans colleges just like credit cards want students in debt to them so they the company can get more return on interest. They recommend bright futures and was even a factor for the net price calculator (which I didn’t select I had when calculating). To buy a brand new freshman level English book for college it cost anywhere from $50-$100 for a new book this is cheaper if actually purchased online. At this rate of college prices soaring and jobs providing less money it seems college may soon not be worth it to the common wealth. These finding are based on independent research your findings may be different.                                                                                                       

No comments:

Post a Comment