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."

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 is completely free. Pay for your college education with as much free college scholarship money as possible. By applying to all the awards you qualify for, you can be sure to not miss a single opportunity in paying for your college expenses - including tuition, fees, room and board. Get matched to college scholarships instantly and start applying today by conducting a free college scholarship search at Scholarships.com.

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 

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.

 E-tail giant Amazon is now accepting applications to its Amazon Future Engineer Scholarship Program for students entering college in the fall of 2020. The scholarship program offers 100 current high school seniors from underserved and underrepresented communities across the country the opportunity to receive $40,000 scholarships to study computer science at a four-year college or university and a guaranteed paid internship offer at Amazon after the completion of their first year.

Amazon Offers $40K Future Engineer Scholarships

November 6, 2019 1:41 PM
by Susan Dutca-Lovell
E-tail giant Amazon is now accepting applications to its Amazon Future Engineer Scholarship Program for students entering college in the fall of 2020. The scholarship program offers 100 current high
In response to the NCAA's vote to allow athletes to profit from their names, images and likeness, Senator Richard Burr of North Carolina has proposed taxing those scholarships. Senator Burr tweeted: If college athletes are going to make money off their likenesses while in school, their scholarships should be treated like income. I'll be introducing legislation that subjects scholarships given to athletes who choose to 'cash in' to income taxes.

NC Senator Proposes Taxing of Athletic Scholarships

October 31, 2019 4:02 PM
by Susan Dutca-Lovell
In response to the NCAA's vote to allow athletes to profit from their names, images and likeness, Senator Richard Burr of North Carolina has proposed taxing those scholarships. Senator Burr tweeted:
Gucci is releasing a new line of... diversity undergraduate scholarships for students who are traditionally underrepresented in the fashion industry. The 1.5 million U.S. university college scholarship program is set to run for four years, targeting students who attend four-year universities. Special consideration will be given to those residing in Atlanta, Chicago, Detroit, Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, San Francisco, Toronto and Washington, D.C and/or for those who plan to attend or are currently attending a Historically Black College and University (HBCU).

Gucci Gaffe Results in Green for Grads

October 8, 2019 2:28 PM
by Susan Dutca-Lovell
Gucci is releasing a new line of... diversity undergraduate scholarships for students who are "traditionally underrepresented in the fashion industry." The 1.5 million U.S. university college
Not every student who goes to college completes their degree, much less finishes it within the normal four-year time frame. The Texas of A&M University has spent years working to re-enroll students who stopped out of college for a year or more, and may have found a solution in partnering with ReUp Education.

Texas A&M Working to Re-enroll College Stopouts

September 26, 2019 2:15 PM
by Susan Dutca-Lovell
Not every student who goes to college completes their degree, much less finishes it within the "normal" four-year time frame. The Texas of A&M University has spent years working to re-enroll students
 Photo credit: Jared Ames

A new PBS documentary exhibiting prison education, titled College Behind Bars is set to air on November 25 and 26. The four-part series documents the journeys of dozens of incarcerated men and women as they pursue college degrees in the Bard Prison Initiative - deemed one of the most rigorous prison education programs in the United States, according to Inside Higher Ed.

PBS Airs Documentary About Higher Ed in Prison

September 18, 2019 11:53 AM
by Susan Dutca-Lovell
Photo credit: Jared Ames A new PBS documentary exhibiting prison education, titled "College Behind Bars" is set to air on November 25 and 26. The four-part series documents the journeys of dozens
The federal government discharged more than $43 million in student loan debt for former students of recently closed for-profit colleges. Students who attended programs operated by Education Corporation of America, Dream Center Education Holdings, Vatterott College and Charlotte School of Law will be able to qualify for a full discharge of their federal loans if they were enrolled when their college closed or withdrew within 120 days of the official closure date and didn’t transfer to another institution, according to Inside Higher Education.

$43M in Loans Forgiven for Students of Closed Colleges

September 6, 2019 9:18 AM
by Susan Dutca-Lovell
The federal government discharged more than $43 million in student loan debt for former students of recently closed for-profit colleges. Students who attended programs operated by Education
College Board is ditching its previous plan to capture socioeconomic information from students with a single score - also known as an adversity score - when scoring their SAT college admissions test. The score would have taken into account a student's socioeconomic background and the neighborhood in which they grew up.

College Board Backpedals - No Adversity Score to be Added

August 30, 2019 2:05 PM
by Susan Dutca-Lovell
College Board is ditching its previous plan to capture socioeconomic information from students with a single score - also known as an "adversity score" - when scoring their SAT college admissions
Female-only college and university STEM programs are coming under fire for male discrimination as they attempt to redress gender imbalance in fields such as computer science and engineering. The U.S. Department of Education launched more than two dozen investigations into higher education institutions nationwide - including UC Berkeley, UCLA and USC as well as Yale, Princeton and Rice - which offer female-only scholarships, awards and professional development workshops.

Female-Only Scholarships Under Fire In Higher Ed

August 20, 2019 4:57 PM
by Susan Dutca-Lovell
Female-only college and university STEM programs are coming under fire for male discrimination as they attempt to "redress gender imbalance" in fields such as computer science and engineering. The