It’s fall and many young people are looking at those college applications and thinking “is college still a good idea?” It’s a relevant question considering the high cost of tuition and the student debt problem in America. It’s also an issue that spurred debate this past spring. Before you decide whether you should take the plunge, take these factors into consideration.
Sunday’s Last Week Tonight delivered a 16 minute tongue lashing directed at for-profit colleges and their role in the student debt crisis. The schools have been at the center of a congressional investigation and have been called into question by the media and the public for their recruiting tactics and student loan practices. Host John Oliver didn’t hold back in his recap of the situation.
The race gap has narrowed significantly in college enrollments, with 65 percent of black high school graduates attending college, compared to just under 70 percent of whites in 2011, according to the National Center for Education Statistics. However, the gap in graduation rates remains wide and admission to college has little value if a degree isn’t the end result.
Feeling pressured to gain acceptance to an elite college? Don’t. According to a new Gallup-Purdue University study, it’s not where you study that matters in life, but what happens while you’re there. Researchers surveyed 30,000 college graduates and found that a person’s overall well-being and engagement in their work after college has little to do with where they went to school, but rather is influenced by the formative experiences they had while they were there.