College Education In The USA And The Economy Of It

Many in the US claim that a formal college education is not quite necessary for an individual to secure a permanent job and a well-established position in the workforce and society. Certain skills need to be developed in order to be attain certain jobs, and the mastery over these skills can be done by taking a few vocational courses that are fortunately, not exclusive to college. There are mandatory courses that are offered per semester in two-year college (also very commonly referred to as community college) and in four-year college. The two year college, upon completion of all the semesters in a specific subject, offers an Associate Degree (www.buydegree.info) in that subject, while the four year college on the other hand offers a Bachelor’s degree after completion of all the semesters, with the requisite academic and social credits having been earned. The vocational courses for attaining certain job related skills can be taken as extra courses. This saves time for the students as  a certain number of credits are offered by the universities in the US for vocational and technical courses as well(which are primarily job oriented). They can complete their entire course in a lesser time duration, and this saves considerable amount of financial resources as well.

The cost of college education has peaked over the past few decades in the United States, and to be put in fair terms, the cost of education for students in both public as well as private universities have increased monumentally ever since they were first brought into play, in the arena of formal college level education in the ‘80s. Why has this exponential rise in the cost of college education taken place? Some blame the mere phenomenon of  inflation, while others, including notable economists argue that there is more to this than just inflation. The underlying causes behind this exponential rise in education need to be studied and analyzed correctly.

According to many, college level education in the United States of America does seem to bring with it a hard financial burden that can be difficult to carry for a typical family in the US. Numerous students today narrate their experiences and the trauma of bearing large amounts as student loans which they are under the constant pressure to repay, that too over a period of several years, spanning decades. It is therefore, important that the student debt crisis be solved in a clear and methodical manner.

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