College Is Exensive Essay

With a college degree being as needed as it is, it is implausibly expensive to get one. Studies show that many juicy shoal graduates that do realise college, cling that following grade fiddleing the colleges plenty of money. After doing some math, the numbers suggest that in oecumenical most colleges are bringing in plenty of extra money with an average 5. 3 one million million million dollars of profit. This is something that majorly hurts students financially who are just trying to get a college degree, which will be in minute used to essentially get themselves a well-paying career so they can pay back what they played out toget their college degree in the first place.Living in todays society, graduating from gamy school is simply not enough. Many employers will no longer look for just a high school diploma when considering hiring somebody, solely they instead look for a college degree. A college education is almost as necessary for todays youth as having a place to live , especially because its incredibly difficult for many people to afford a home without the financial stability that comes with a transaction provided by a college education. Our society is extremely dependent on collegesbut, are we in some delegacy harming ourselves by sacrificing huge portions of our annual income to these institutions? Colleges may be too expensive to call for every high school graduate in the United States looking one. In a study by the U. S. business office of Labor Statistics, it was found that 66 percent, or two of every three high school graduates attend college right out of high school (College, 2014). We estimate that for the 2013-2014 school year in that respect will be 3. 3 million high school graduates (What, n. d. ) , and we know that about.2,178,000 or two-thirds of the graduates will go on to attend college right away. Now taking an average cost of college at about $20,000 (Whats, n. d. ), we find that colleges across the U. S. bring in around an estimated total of $44,425,000,000 per year. Thats 44. 4 billion dollars towards U. S. colleges every year from the students alone. When we consider that there is a rough 6,700 colleges in the U. S. , it can be reasoned that, if every college received the same step of money, the average income per college per year would be about $6,600,000.Now consider the fact that an average college can be keptrunning on around $1,300,000 (Agron, 2009) (this price varies between colleges, given a more esteemed college will use more money to pay for better teachers and academic opportunities). This means that on average, colleges come on an annual profit of around $5,300,000 per year. College is extremely expensive, and the amount of money that they seem to keep each year is far too much. We dont just pay only for our education when we pay for college, but also to the board members most likely using the extra money brought in for comfort, providing a nicer life-style for themselves.While I do understand that collegesneed to bring in large amounts of money to collar in the black, I do not support the need to charge the incredibly costly amounts that they do. References Agron, J. (2009, April 1). thirty-eighth Annual Maintenance & Operations Cost Study for Colleges. Retrieved March 10, 2015, from http//asumag. com/Maintenance/university-maintenance- operations-cost-study- 200904? page=15 College readjustment and Work Activity of 2013 High school day Graduates. (2014, April 22). Retrieved March 10, 2015, from http//www. bls. gov/news. release/hsgec. nr0. htm What are the new Back to School statistics for 2014? (n. d. ).Retrieved March 10, 2015, from http//nces. ed. gov/fastfacts/display. asp? id=372 Whats the Price Tag for a College Education? (n. d. ). Retrieved March 10, 2015, from https//www. collegedata. com/cs/ cloy/content_payarticle_tmpl. jhtml? articleId 10064.