Even though the world's economy is gradually decreasing, private college costs are off the roof and the college dropout rate is increasing at a disappointing rate, a students needs should be considered before his/her merits. Not every student chooses to go into the medicine field, or the engineering field, but he/she chooses to go towards his/her dream. Even the smallest of change can have a huge impact. The current world's economy is at a staggering development. The rich are getting richer, and the poorer are getting no where. Bright and intelligent students may take birth into a rich, poor or a middle class family. No one controls the circle of birth and death. Some children, who are born in the slums of a detoriating enviornment, seem to be the brightest minds present in our world. An average student should not be turned down for scholarships just because of his/her academic standing, they should be given a chance to show their change. Because of the global economy problems, attending college is only getting much more expensive. Students who choose to pursue their dreams are getting held back by not being able to afford college. Not only because of the high student interest loans, but also because of the government not investing enough money in the education department causes the students to pursue a "$7/hour" job, and wind themselves working in that "part-time job" for over two decades. Students who come from middle or poor class homes finish high school hoping to make a difference in the world, but their dreams are crushed when they find out they won't be able to afford the tuition. When students are rewarded on something they worked hard for, the reward, no matter how big or small, encourages them to pursue on further. They want to gain their status, earn more rewards, and work hard. A great man also once said, "If its not worth fighting for, its not worth gaining". Students push themselves to a whole new level. College dropout rates are high, not because of the work, but because of the weak effort inputed by the student itself. Students who want to succeed can and will succeed, but students who find themselves in situations where they aren't happy, dropout. Having support is what students all over the world need, they understand the bad economy, and this is exactly why they should be given an oppurtunity, to make a difference. Federal Loans can allow the students to pursue their dreams, and to improve the world. Excerpt: With the rising cost of education in the form of college tuition, training courses and vocational programs, the competition for scholarships and financial aid is rapidly increasing. Many college financial aid offices are assisting students from historically high income brackets. Furthermore, scholarship programs are seeing unprecedented levels of interested applicants. The challenge facing these institutions is whether to award aid based on how accomplished the applicant is or how difficult it will be for the student to afford the education. Assignment: Is it better to financially reward individuals like students and employees based on how much merit the individual demonstrates instead of how much need the individual has? Plan and write an essay in which you develop your point of view on this issue. Support your position with reasoning and examples taken from your reading, studies, experience, or observations.