The Rising Cost of College
Any high school seniors are likely aware of the costs of going to college. Sure, there are many scholarships and grants out there, but the reality is that many students will not get a full free ride. Loans will still be available to students, but most loans do come with interest.
So obviously, grants and scholarships are the best routes to take, but they are not very easy to get.
“Applying for scholarships is a daunting task as a high schooler,” Alexandria Clark ‘17 said. “I could easily spend many nights working in them, and still not have a chance at recovering them.”
So why are colleges a day universities going up in cost? It is because of inflation. According to CNBC’s website, the cost of college is rising roughly six percent above the inflation rates.
This makes many people question if college is really worth it. Studies have shown that people who attend and graduate from college make a large deal more money than if they did not go. In the long run, college typically pays off.