Benefits Of Obtaining A Higher Education Essay examples

1498 Words Apr 28th, 2015 6 Pages
Obtaining a higher education can be one of the most important decisions one can make in life, but also a costly one. The choice to continue an education comes with a variety of responsibilities. One must have a significant level of determination, focus, and self-discipline in order to successfully achieve any goals while in college. But, for some, the one obstacle putting a halt are the funds it takes to attend college. The thought of taking out a mass amount of student loans along with the pressures of paying it all back is enough to make anyone think such a decision through. Debt should not deter people from attending college because they can pay off student debt. To begin, taking out student loans and having to pay off debt is seen as one of the biggest burdens on college students. “Many economist say borrowing for any kind of higher education is generally a smart idea. That’s partly because student loans typically carry low interest rates” (Wilson 259). Usually, when taking out a loan, the interest rates that are tied to it make the amount a lot larger, thus making it harder to pay back. Student loans tend to have a lower rate which results in the total amount being less than anticipated. With taking out money for a higher education, speaking with a financial aid counselor could be helpful. Also, many people tend to confuse the undergraduate debt with debt that can come from being a graduate student. Choosing to further ones education even more than the traditional…

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