Many students today struggle to keep up with their education. Sometimes it’s because of motivation or learning and focus issues but in other situations it’s because of financial concerns. While there are many reasons why this is happening, including lack of resources, and government help. This all leads back to one idea, and it’s, why are students paying for an education? Tons of people want to excel in a further education and become professionals but because of the cost of these schools and classes they become hesitant and take a step back. Many people are talking about the idea of free college. This policy would certainly solve the economic strain of higher education, but is it a good idea?
Have you ever thought about what a life with completely free education would look like? How many more people would have a college degree or even be more wealthy? According to BestColleges.com it states, “The benefits of free college include greater educational access for underserved students, a healthier economy, and reduced loan debts.” This clear view reveals that if students had access to a free college education they would live a less stressful life. This is because when most students go to college they end up taking student loans that they are required to pay back. And in most cases they end up still owing money even after college which could be frustrating.
It’s not only about the students either. Learn.org states a very important idea. If students had a free college education it would boost the economy. The workforce will expand and there will be more productivity throughout the financial system. As of 2021, 51.04% of students drop out because they cannot afford the cost of college; This goes to show what the economic future is looking like. Research proves how it all becomes a domino effect. If students can’t pay for college, they cannot become of a higher class profession, this won’t help expand the workforce, and then the future financial system won’t be as great.
All in all, there’s various reasons why students are having a hard time engaging in a further education and difficulty paying for college is just one of them.