Reality of High Ed : You can't afford it
"Student loan debt topped credit card debt for the first time last year, and it's no wonder. College costs have skyrocketed over the last decade - rising an average of 6 percent each and every year. Today's college student can expect to still be paying down loans when THEIR kids go to college." Fox Business
The shocking reality of high education is that we can literally not pay our way throughout college. Unless our parents saved for your education you will have to get loans to pay for high education. If you worked 40hours every week at a minimum wage job (est $9 a hour) you would only make ruffly $14,000. The cost to go to most state schools is around 17,000-20,000 a year (tuition housing and food). With the reality of high education its no shocker that students loans are plaguing our generation.
With every graduating class there are less jobs and more unemployed college graduates. Sadly its quite common to see students that graduate with four years degrees working at Safeway or Starbucks, while they wait for there "dream job". With the economy in a slump and our government in denial of the size and scope of our debit, the future doesn't look to good for those seeking higher education. Will college still act as a gate keeper for "success" in life? Or will our culture start reshaping the views of the post high school life? One thing is for certain the future of high education will directly impact the future of our nation. The bigger the debt grows so will the cost of higher education.
"At the end of the day, students have to weigh their wishes and wants - all of them - against the cost of education. Because if you pay too much - you'll end up shortchanging your future in other ways, such as delaying marriage, buying a house and having kids." Fox Business
