Many students go to college to earn more money, acquire new skills, find a direction in life, live a healthier life, or expand their careers. More than 70% of the 2014 bachelor’s degree beneficiaries were out of school in debt. In the decade before, the price index of college tuition rose by more than 80%, indicating higher costs than any other service or industry.
Student debt puts much pressure on students and has adverse effects and consequences. Students’ job satisfaction and job performance are decreasing, and marriage opportunities and homeownership are being delayed. Students go through college and graduate with dreams for a better life but meeting them is the grim reality of debt.
If society sincerely cares about students’ growth and future, it will be necessary to make higher education free of charge or reduce expensive tuition through government support or technology improvement. Online education is growing through many technological advances, and higher education will be available to everyone in the world at no cost in the future.
I hope that through change and innovation in education costs we restore the collapsing education system.
Salt Lake City