Scholarship News

Clinton's "Free" College a Bailout of a Failed System?


August 23, 2016
by Susan Dutca-Lovell
Today, going to college could cost as much as buying a new BMW every year, according to the Wall Street Journal. With ever-increasing college costs ranging between $120,000 and $200,000 (depending on the school), some politicians' higher education reforms are simply a massive bailout wrapped in the promise of free tuition and relief from student loans.

Today, going to college could cost as much as buying a new BMW every year, according to the Wall Street Journal. With ever-increasing college costs ranging between $120,000 and $200,000 (depending on the school), some politicians' higher education reforms are simply a "massive bailout wrapped in the promise of free tuition and relief from student loans."

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College unaffordability has forced students into the growing $1.3 trillion national debt issue, with the average student owing $26,700. Where's this money going? Money is going towards grandiose campus facilities such as Purdue University's $98 million Cordova Recreational Sports center, which houses a climbing wall, vortex pool, and 25-person spa. Elsewhere, funding is being spent heavily on administration, promotions, athletics, and "noninstructional student services." There's little evidence that shows additional spending enhances the value of a college degree. Even after spending "more than half a trillion dollars from 1987 to 2005," one study notes that completion rates are declining, grade inflation is increasing, students are studying less, adult numeracy/literacy rates are declining and critical thinking skills are not improving.

Demand is strong for student loan forgiveness, as well as attaining "free" college. Such million-dollar proposed bailouts have "no new accountability measures" and will only dump the costs of higher education onto taxpayers, many of whom don't have a college education. Rather than having students invest and borrow money to go to the "wrong colleges to study the wrong subjects" - which doesn't actually prepare them with the necessary skills for the workforce - universities could be "smaller, leaner and more focused on actually teaching undergraduates." Roughly 40 percent of students are not graduating college within six years and the "college for all" mantra can be overused and pushed onto students who could alternatively attend trade/vocational schools, earn two-year and three-year degrees or certifications in professions that don't necessitate college degrees.

Avoid having to take out student loans as much as you can, by applying to and earning scholarships: money that does not have to be repaid.

College is expensive. Scholarships.com has done the work for you. Pay for your college education with free college scholarship money. Get matched to college scholarships instantly and start applying today by conducting a free college scholarship search at Scholarships.com.

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Kristi  on  8/31/2016 12:17:54 PM commented:

Society has this misconception that college is the only way that you can make a good income and has brainwashed all of our youth into believing you must go to college after high school. These kids are so young and naïve that they don't consider the costs of schools, just the next step in the lifecycle.

Bob  on  8/26/2016 5:18:13 PM commented:

If you thought health care costs are rising out of control, College cost have been rising at a higher rate. Both go to show, the more the government 'helps' the less affordable something becomes.

Euro  on  8/24/2016 5:50:35 PM commented:

My profound advice to college students is: Obtain a degree in Europe! Beat the corrupt U.S education system. Just leave it behind (for a while) and return ever so prepared. Most universities offer very advanced math and science curriculums. A student will be guided carefully and enrolled into meaningful yet rigorous classes to build a strong foundation - so stop jungling weak AP courses! Tuition in Europe is affordable. Then be ready to attract potential employers in the international market! Do the research: Check out their websites. Compare curriculums. The language barrier is not always an issue. The Imperial College in London is phenomenal!

TracyT  on  8/24/2016 10:51:06 AM commented:

Articles like these make obtaining scholarship money for school sound like a piece of cake with statements like, " apply and win! It's that easy!" Well like everything else in this world, if it sounds too good to be true it probably is. The truth is there are hundreds of scholarship opportunities, but how many can you enter and obtain is the question. The competition is numerous to say the least, and most contests are essay based so elementary and high schools should be concentrating on teaching, no perfecting, essay writing with unprecedented intensity. We have all heard the speeches on how much money is out there for us to take advantage of through scholarships, but the reality is that actual individual opportunity to win that money shrinks drastically as the competitor numbers increase, as the overall skills of those competitors increase, and ultimately the essay writing skills of contestants increase. Our educational system is still falling short when it comes to essay writing.

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