Higher education will result in financial achievement, social harmony among diverse groups and general society.
In order for higher education, it’s suitable to consume larger amounts of taxpayer resources who are supporting and financing education by the government. The federal government has now decided it should control the provision of college student loans and is advancing large sums of money irrespective of whether these loans will be repaid or will lead to the actual result of an advanced education degree.
About 87 percent of Americans finish high school. While the drop-out rate approaches 40 percent. An estimate of 57 percent of Americans have some college education. Only 30 percent achieve a bachelor’s degree, 8 percent a master’s degree, and 3 percent a doctorate degree.