Pros and Cons of Free Education Cost Analysis and Truthfulness of Information

Education is one of the most valuable and valuable assets of society. It propels the development of science, technology, and medicine. That’s it’s vital to guarantee free education accessible to everyone in society to boost their life opportunities.

Every government should show concern about ensuring that the motives behind free education are well understood. Research shows that there is free college education in 25 countries. In the U.S., at least 20 schools offer free education. The debate on tuition-free college is still going on the federal level. So, what are the arguments for and against free education?

Pros and Cons of Free Education Cost Analysis and Truthfulness of Information

Pro: More affordable to students

Free education is more affordable to most students. Research shows that more than half of the students can’t afford college tuition. The U.S. is considered one of the most expensive countries to pursue higher education for most students worldwide.

Most international students pay about $32,000 – $60,000 per year to get a quality education, depending on the university and course. This is still expensive even though there are different ways to raise the tuition fee. The college fees also tend to increase by 8% per year.

Without free education, most students won’t have access to education which is an important tool for the development of society. Making education accessible will save future students from relying on loans for their college education.

College education sometimes can be complex depending on the degree the student is undertaking. To study for free and receive a scholarship, college students must succeed in all subjects. Students can utilize free online services to improve their grades. The best option would be to find essay samples at eduzaurus to get inspired to write the best papers and impress everyone, from your friends to teachers. With the help of these samples, students can create a good analysis and build quality content for the exams.

Con: Not enough jobs

Reports indicate that there are still about 3.5 million fewer people employed than two years ago. This is one of the most debated arguments against free education. Why offer free education if there are not enough jobs to absorb graduates? The government feels like it’s going to be wasting a lot of state resources on individuals who don’t even want to be employed.

Many graduates out there are jobless with diplomas that do not match their job opportunities. The tech industry is getting transformed every day, while the syllabus review doesn’t happen at the same rate. This creates a gap between what the employers are looking for and what the schools produce.

Many companies must retrain their fresh graduates before working in the companies. Most colleges prepare students for sophisticated degrees that are rarely available in the job market. These fields are not fully developed, and producing too many experts strains the available jobs. Hence, most of them end up being jobless.

Pros and Cons of Free Education

Pro: It can jumpstart the economy

The education status of the country determines technological advancement. This has a huge impact on the economy of the country. Understanding how the economy interacts with education will help to explain why some countries still lag behind even one of the factors at its level best.

An increase in the labor supply puts more pressure on the wage rate. If the employer isn’t in a position to keep up with the labor supply, the wage then goes down. This occurs mainly in countries where development is taking place at a low pace. There is an argument in the U.S. that forgiving all the student loans ($1.6 trillion) can revitalize the country’s economy.

The knowledge and skills of the graduates available in the country are key determinants for businesses’ growth, which translates to economic development. Graduates will also earn a decent salary as more companies with higher education and training requirements will be created. Skilled workers perform tasks more efficiently, raising the rate of production of the country.

The value of the college degree has drastically changed over time. This is attributed to changes in technology leading to the creation of well-paying jobs. Quality free education can teach values and skills important for any economic progress. This includes critical thinking and abstract problem-solving techniques.

Con: It’s expensive and devalues education

This is an argument that has been debated for years. Should the government offer free education and raise taxes? Offering free education means that the government will require a huge amount of money, and the only way to get it is through tax collection.

Making education free would cost the U.S. approximately $79 billion a year, as per the Department of Education report. And the burden will be shifted to the country’s citizens to foot this bill. The issue of free education addresses college attendance but doesn’t address critical issues like the quality of the education offered.

Imagine free tuition without a proper budget to increase the college resources! Reports also indicate that the students won’t be worried about the effects of skipping classes they don’t pay for.

They won’t also care about dropping and not completing the courses they have been admitted for. It also decreases persistence and success as most of them won’t even care about working hard because they will not pay for repeat courses. At long last, the value of education will be devalued as most students won’t put in the necessary effort as they are putting in currently.

Conclusion

The benefits of free education are numerous provided that the country is strategically prepared with capital. There should also be rules to counter dropouts and poor performance in school. This includes the number of times a student should be allowed to repeat the same on a free tuition fee. Tax policies should also be outlined clearly to ensure that the citizens are not subjected to too much pressure in making both ends meet.

Author’s Bio

Brandon Kryeger is a content writer currently working with a tech firm that aims to make writing easier with its editing tools and apps. He’s a brilliant freelance academic writer, too, working with students to help them do their essays on time. His free time is for cycling, reading stock trading books, and watching wildlife documentaries.

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