Every family in the nation has been touched directly or indirectly by the current economic situation. From records about students attending college, it is clear that in times like these, students and families decide to end their college plans. That’s the wrong thing to do. Let me explore the reasons families should stick to college going plans.
- The solution to our economic situation personally and nationally depends on more education.
- It has been and will be the case that public and private funding will be increased as much as possible to assure students go to college.
- On a very practical level, it’s a difficult time to get a job so college can be the right investment of time in a tough economy.
As individuals, there is no question that additional education improves our future. While there is a debate among economists about how much more you are likely to earn with a college education, not one person debates that you will earn more than without education. There are also many, many benefits beyond earnings. Those with education after high school are much more likely to have children go on to college. A college education leads to higher levels of voting and good health. The best future for each person in our country is better secured with education.
Our nation will require more and more education to be competitive in the world economy. What the
Whether federal or state, those representing public interests understand how important it is to keep education going. Some will support financial aid because they believe educational opportunity is the socially just thing to do; others will support financial aid because they understand educational support is the smart thing to do. No matter the reason for that support, financial aid will continue.
There may be changes in aid, however. First and foremost, deadlines to apply for scholarships and financial aid will be even more important in the future than in the past. As an
Realistically, when the economy is down, it’s a good time to attend college. With jobs less available, students are giving up less to study than when the economy is strong and wages higher. Wise people have always made money in bad times, and one way that has been accomplished is to invest in the right things – and most of all, college is great investment.
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