college. The government is investing in specific plans for people to attend college and to repay loans. These plans help hundreds of people get into college. The United States government is making an effort to get all students to college if that is what they desire. Education is widely available in this country which backs up the Preamble common welfare to college students. Education in the United States of America supports common welfare due to college enrollment increasing, the government…
“75 hours a week is my average during the summers. I can only work about 40 hours a week while in school. College debt has always lingered above my head, and working is the only way to prevent myself from going under. I’m thankful I was fortunate enough to have lots of previous work experience at 18. Yet even with working, I feel like it’s not enough.” The affordability of obtaining a post-secondary education has evolved throughout history. Colleges a decade ago were only meant to serve the…
Student loan debt is one very important topic when referring to a college education and life afterwards. Over the years, many students have been left to face problems socially, economically, and psychologically after their graduation. Many expect to get high paying jobs and a stable income, to payback their loans. However, that may not be as easy as it seems. Student loan debt is beginning to take over. Student loan debt does not only effect an individual separately but can also affect…
by Kevin Cochrane makes valid arguments against our government itself and reason for increased student debt. The title itself explains the overall concept of the article and is ironic because The U.S acts like a “predator” looking for their next victim and preferably which are low income minority borrowers. An organization that targets a certain population would typically be investigated under the government but in this case it’s our government itself. There are many arguments on the…
stress of financial problems upon entering college. However, college students continue to take out loans and put themselves in debt. Some possible solutions for decreasing student debt include improving the affordability of college, modifying the national education budget, and reducing the interest rate on student loans. The first possible solution for decreasing student debt is improving the affordability of college. According to Shari Held, “On a moderate budget, the average cost of the…
The rich rule over the poor, and the borrower is the servant to the lender. (Proverbs 22:7). The less debt you carry, the fewer people there are who can force you to do things with your money you may not want to do. Your house, your car, and any other asset you have pledged to a debt are not really yours to control while someone else has a financial interest in it. Everything is fine until you stop making the agreed payments and the item is…
It is a monster which has been compounder over the past 20 years with skyrocketing tuition rates. These tuition rates are not only rising due natural inflation, but because of poor spending by Universities, and less funding from the government, which puts more burden onto the student. It is understandable that student education is expensive and requires money to provide. Schooling cannot be free if it wants to be effective and beneficial. The reason tuitions have skyrocketed is due to…
definitely made me curious on several issues. It isn’t a hidden secret that college is expensive. Most of us by the age of eighteen understand that we are going to compile a large sum of debt while putting ourselves through what may seem like an impossible task of getting a degree. So is the idea of putting yourself in debt worth the hard work and dedication required to become a professional in your field of study? The cost of tuition is only on the increase for new…
College education has become a necessity that’s hindering the future of growing generations. Thesis Statement: College Education should be free. Preview of Main Points: I will elaborate on the following three topics: the increasing rate in student debt, how other countries are benefitting from providing free college, and how we can achieve free college tuition in the U.S. (Transition: First, I will…
is actually quite hard to do. The high price of going to college can stop us from achieving the American dream. Even if we do go to college, later on in life, it will make us have problems with money. A solution that colleges/universities and the government can do is find a way to lower the cost of college. Money is a big factor to contribute when trying to achieve the American dream, and not having it can stop us from achieving it in a big way. Not having a lot of money can stop you from…