cc4: Rising Cost Of College

On the Minnesota Daily website in an article Threat to the American Dream by Ashley Goetz explains why college tuition rate increases are affecting the American Dream. The jump in tuition prices has been off the charts. President Obama supports $4,000 tuition credits for students who do community service every year.

Tuition over the last two decades has gone from $2,232 in the early 1990's to $10,000 today at the University of Minnesota. That is an unprecedented hike in cost of education there is no wonder why most students are up to their eyes in debt as soon as they get out of college and can not pay off that debt until they are in their 30's. This is a huge threat to the American Dream, because with out a college education a person can not get a good job so that their family can prosper.

President Obama said that he will support a $4,000 tuition credit for people who are willing to give up their time and do so community service. This is good for students about to leave high school for college, Because community service though sometimes difficult to do and to make time for is fun most of the time if they do it with their friends. This gives the young Americans hope that they just might be able to achieve their American     Dream.

Other countries in Europe are investing huge amounts of money into their college students and colleges insuring that they will succeed. Those countries have the highest populations of scientist and engineers. This should be a good enough reason for the goverment to get involved and lower the price of going to college so that the young people of America can go to college and achieve their American Dream.

The rising rate of college tuition affects me tremendously. I want to go to a great college like MIT or any of the other major tech schools but unless something is done to lower tuition cost I might have to settle for a lower end school like ITT. This is a big deal because if I went to MIT every robot design company in the country would be coming to my door to offer me a job, but if I have to go to a college like ITT I will have to go hunting a job and I might or might not find a job.