College Tuition Inflation

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Pages: 11

The American Dream: College Is No Longer the Ticket A college degree has come to mean something different now than it did many years ago. It was arguably easier to make a living–degree or not–though going to college was substantially helpful in getting many jobs. In recent years, many have come to believe a college degree is the new high school diploma as it does not carry as much weight on a job application to say someone graduated from a university as the number of people who have continues to increase. New research has shown that getting only a bachelor’s degree may not be enough anymore in many career fields, and many college graduates are finding themselves with high school-level jobs after school. Studies have also shown it may be harder for younger generations to make a salary that allows them to live “comfortably” and statistics show the younger …show more content…
According to Brianna McGurran and Alicia Hahn’s article “College Tuition Inflation: Compare The Cost Of College Over Time” for Forbes, there has been a 180% increase in the annual college tuition price for a four-year institution between 1980 and 2020 and a 169% increase in average price of tuition, fees, and room and board all together (McGurran, Hahn). With rising tuition nearly everywhere, students who attend graduate school to actually have an edge (or to meet a direct requirement) on their job applications may be put at risk of more debt, leaving many not knowing what the best steps to take are in finding a job that will pay enough, especially if they took out loans for schools. In “Gen Z Is the New Threat to the American College Experience” written by Ayelet Sheffey for Business Insider, the author claims younger generations are losing sight of the value of college due to increasing difficulties surrounding it and do not think it is worth the