As tuition fees have been inexorably increasing in recent years, the affordability of higher education has always been a topic of interest. It is argued that the government should abolish college tuition fees, irrespective of students’ socio-economic background. While this thinking is valid to a certain extent, I believe that waiving tuition would have an adverse bearing on both students and society.
There are many compelling reasons why students should be allowed to pursue college without fees. On the individual level, bachelor’s degree holders, especially the underprivileged, will stand a better chance of landing higher-paid jobs and bettering their quality of life. For instance, in countries like Germany and Norway, where higher education is free, graduates often find themselves with greater job prospects and reduced debt burdens. This can lead to a significant reduction in income inequality, as students from lower-income families can achieve upward social mobility through education. On the societal level, a surge in the gross enrollment rate, prompted by a free-college policy, would give rise to a more educated workforce. This acts as a precursor to not only a thriving economy but also a more civilized society. With more people obtaining higher education, the nation can benefit from a variety of skills and innovations, driving progress in multiple fields such as technology, healthcare, and environmental sustainability. For example, the technological advancements in countries with high education levels often contribute to their overall economic and social development.
Despite the aforementioned benefits, I contend that the provision of free-of-charge higher education can, in fact, do both the beneficiaries and society a disservice. The impact of more college graduates on employment is questionable at best. The job market has become very competitive as it is, even for job seekers with college qualifications. Therefore, if everyone is entitled to university education, it is no longer feasible for them to find a job, let alone achieve the financial abundance previously associated with the acquisition of a tertiary degree. This phenomenon has been observed in countries like South Korea, where a high percentage of college graduates has led to a surplus of degree holders, many of whom struggle to find employment that matches their qualifications. In addition to this, the enormous cost incurred to cover higher education tuition will put a strain on government coffers, leading to budget deficits, tax hikes, or reduced welfare among others. For example, some countries with free education systems, like Sweden, have faced significant financial challenges and increased taxation to support their higher education sectors. This can result in a decrease in funding for other essential public services such as healthcare, infrastructure, and social security, ultimately affecting the overall well-being of the society.
In conclusion, while the potential benefits of university tuition waivers make it seem like a good idea, I believe that the government should not make it free for everyone. Instead, a more sustainable approach might involve targeted scholarships and financial aid for those in need, ensuring that higher education remains accessible without overburdening the state’s finances. This balanced approach can help achieve the dual goals of equity and sustainability, allowing students from all backgrounds to access higher education while maintaining the financial health of the nation.