The Pros And Cons Of College Tuition

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College students across the country all have one thing in common- they must pay for the four expensive years they spent at their respective universities. These costs come as a shock to many low to medium income families. Tuition is continuously rising to ridiculous heights with each passing year. These extreme prices place students in debt that not only impacts their ability to make life choices but also produces detrimental psychological effects. While it is true that tuition is far too high for college students, it is not just the colleges’ fault. Numerous factors play a major role in tuition costs, and many steps can be taken by all parties to relieve this financial burden.
Before this tuition crisis became a massive issue in America, college used to be a lot more affordable. In …show more content…
Students and their families can cut college costs without having to radically alter their lives. One major underestimated solution is having a co-signer. A co-signer is a financially secure family member or friend who can take on the burden of the debt, leaving you with fixed loan rates (Barron 1). Another solution is to plan ahead and have a clear life plan. Before students go to college, they should make sure it is the right college for their career path (Welter 1). This could mean starting at a 2-year community college- getting the basic courses out of the way at a far cheaper rate, or diving right into the right college/class path starting first semester freshman year. Another feasible resolution, can be as easy as applying for scholarships. Local scholarships are often offered by community foundations for specific locations and receive little to no applicants (Welter 4). Cheryl Founder, an education coordinator in Oshkosh, stated that, “Five hours looking for scholarship [can]... result in a $500 scholarship,” (Welter 4). As can be seen, the students and their families can make a major dent on loan
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