As I began these weeks I knew that this would be the end of my background research on college and its costs. One of the many problems faced by colleges that I have overturned is the college dropouts. The main reason that this is a problem is that many people dropout of college when they are not prepared leading to a large debt for many states as well as the dropouts themselves. Over a five year period, it was recorded that "more than $9 billion dollars was spent by state and federal governments to support students at four-year colleges and universities who left school before their sophomore year" leading to a large debt for these governments as they now have no return on the investment ("College Dropouts Cost Cash-Strapped States Billions"). Along with this increase in the debts of the government, the students also find themselves in large debts that they are unable to payoff as they never received the degree allowing them to get a more profitable job to eliminate the debt. As a result it shows that many students need to rethink their plans before attending college as it may result in an insurmountable amount of meaningless debt for many. Following is a video from Fox Business (take it with a grain of salt) establishing the view on college dropouts. After watching leave a response on what your future plans are for after high school.
Source: The Friedman Foundation of Education Choice
Credit: Robert Enlow
Works Cited
College Dropouts Cost Cash-Strapped States Billions." American Institutes for Research RSS. N.p., n.d. Web. 20 Nov. 2014.
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