Scholarships Only Way To Avoid Student Debt?

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Education in the United States has been a hot topic for as long as anyone can accurately recall, most notably, dating back to the George W. Bush administration, when the No Child Left Behind Act left thousands of teachers without jobs and a staggering number of students without teachers. Since then, the Obama administration has invested aggressively in an effort to recover, but has spent the years fighting an uphill battle. Seeking a tutor NYC parents know will improve their child’s chances of getting a scholarship has become all the more popular as a result.

Aside from the negative effects that the No Child Left Behind Act left on elementary, middle, and high school students, there has simultaneously been another crisis amongst college students, due to outrageously high tuition costs, leaving the majority of students in tremendous amounts of debt. In response, the Obama administration has reportedly invested an unprecedented amount of money into a Pell grant, which in other words is a U.S. governmental grant meant to help college students to pay for higher education, specifically those of lower income backgrounds who presumably cannot pay for college themselves.

Despite a bill, titled the American Recovery and Reinvestment Act from some seven years ago, which doubled the Pell grant by over $17 billion and reached an additional 800,000 more young men and women, student loan debt nonetheless continues to be a defining aspect of the American higher education system.

Scholarship programs have thus been a highly sought venture, causing an increase in demand amongst parents for a personal tutor NYC residents can depend on. They specifically have been pursuing one-one-one tutoring more and more with each year. With the rise in demand, an industry for private tutoring has developed in recent years. Today, virtually anyone in the city can find a private tutoring agency with Ivy league graduates, specializing in all subjects from pre-kindergarten all the way up through graduate school.

Since scholarships seem to be one of the ways to effectively circumvent the rising costs of tuition, competition at the high school level has risen dramatically. Many parents consider the cost of a tutor to be an investment, so as to avoid the cost of an expensive university. And as the quality increases, the investment has proven to be worth the money to hire a tutor NYC parents can depend on.

With election season coming to a close in a handful of months and a new president coming into office in November, it is unclear whether that Pell grant from the Obama administration will continue, meaning that potentially even fewer students may be able to afford higher education in the coming years.

Albeit, the economy has experienced a number of years of high employment and profitability, some have predicted another crisis due to shoddy loans to the startup industry. The crisis from 2008 is what caused universities to cut their financial aid in the first place. With a new president and the potential for a repeat of what happened not so many years ago, parents throughout the country are beginning to consider it worthwhile to invest now, as there is no telling what the future holds.

If you think you or your child could benefit from a private tutor, give us a call today and let’s see what we can do for you. Contact us here with any questions or inquiries, or give us a call at 212-479-0830 and we’ll get you set up with an appointment right away.

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