Dear Future President,
As a young child we’re told that we will graduate high school, go to college, graduate, get a good paying job, and then settle in a big house. These dreams will become unrealistic if college tuition keeps rising as fast as it is right now. College tuition is rising each year at a very unaffordable rate. Therefore causing many families and individuals to not be able to go to a college or university. Without being able to go to school because of high tuition equals no degree and no job. Therefore you won’t be able to afford a house or a car. Reasons why tuition has been rising is because of college spending and student loans.
College tuition is higher for certain schools. This is due to how much the school is using on making new buildings, gardens, and many more. Most colleges get the money to build and buy from college tuition. Colleges’ wasteful spending has risen 100% between 1980 to 1990, and it keeps rising as the years go on. When they don’t have enough money to support their spending they raise tuition. Raising the tuition allows them to have extra money to use for the college. If we were to limit the amount of money college were able to spend it would cause tuition to lower.
Tuition rising has also has an impact on student loans. When tuition rises it causes many students to keep borrowing money through student loans. Sandra Farran from Consumer Reach magazine stated that, “Rising tuition and fees are causing most college and university students to take out more student loans.” Once they graduate they will find themselves broke and in deep debt. They most likely won’t be able to afford a house, car or apartment because they are broke. Therefore, this will cause them to have to move back home and work multiple jobs to repay back all the money they owe.
Many people are scared of all the debt and student loans that college brings. This causes them to bail out of college and not get a degree. As told by professor, Ray Franke says, “If you look at the long-term trend, [college tuition] has been rising almost six percent above the rate of inflation. That's brought immense pressure from the media and general public, asking whether college is still worth it." Most jobs demand a degree to get paid well or you need a degree to work there. Without people going to college and getting a degree businesses will start to fail and shut down.
Therefore we need to lower college tuition for everyone. High tuition can impact you and your family in anyway. You could be a student going to college, but you aren’t able to pay back your student loans. You may be a boss of a company, but you aren’t able to hire any workers due to the lack of education. Or you may be trying to find a high paying job, although most of the jobs demand a degree. With high tuition we won’t to be able to afford the average house, car, or basic necessities for living life. So, I want you to see your life from the point of a broke college student with no job, and see what it’s like to be broke.