The Problem with Student Loans
Student debt loans is a crushing problem that plagues many students in the twenty first century. Higher university fees have led to more student debt that punishes students with high interest rates. These high interest rates may lead to damaged credit and future financial instability for students. Kevin Carey tackles this problem in a commentary published in the Chronicle of Higher Education, titled “The U.S. Should Adopt Income-based Loans Now”. Carey offers a solution and a plan to this issue, and does it using comparative dates. His argument is structured with reason and authority. Carey caters to an academic audience which offers benefits to students. Carey offers a well-planned argument that includes a problem, solution, plan, and benefits of the plan. He states, “Decades of greed, inattention, and failed policy have created a growing class of young men and women with few prospects of landing jobs good enough to bear the weight of their crushing loans” (cite). He recognizes the problem of …show more content…
For example, if this solution is adequate for our student loan problem, why has it not been implemented in the past? Carey demonstrates that our old system had “administrative complications” (cite), that have recently been properly adjusted. In addition, he uses examples of what a future loan holder may experience, which complements his emphasis of retrospection. The argument of income contingent loans is delivered without emotion or bias. Carey demonstrated that a logical argument can be displayed using reason (logos). For example, he states, “the concept [of income contingent loans] has been proven to work-Australia and Britain have used it for years- and both liberal and conservatives have reason to get on board” (cite). Carey’s bipartisan approach demonstrates that he is not bias to a particular ideology. Therefore, his argument is based on a logos (reasonable)
Student debt loans is a crushing problem that plagues many students in the twenty first century. Higher university fees have led to more student debt that punishes students with high interest rates. These high interest rates may lead to damaged credit and future financial instability for students. Kevin Carey tackles this problem in a commentary published in the Chronicle of Higher Education, titled “The U.S. Should Adopt Income-based Loans Now”. Carey offers a solution and a plan to this issue, and does it using comparative dates. His argument is structured with reason and authority. Carey caters to an academic audience which offers benefits to students. Carey offers a well-planned argument that includes a problem, solution, plan, and benefits of the plan. He states, “Decades of greed, inattention, and failed policy have created a growing class of young men and women with few prospects of landing jobs good enough to bear the weight of their crushing loans” (cite). He recognizes the problem of …show more content…
For example, if this solution is adequate for our student loan problem, why has it not been implemented in the past? Carey demonstrates that our old system had “administrative complications” (cite), that have recently been properly adjusted. In addition, he uses examples of what a future loan holder may experience, which complements his emphasis of retrospection. The argument of income contingent loans is delivered without emotion or bias. Carey demonstrated that a logical argument can be displayed using reason (logos). For example, he states, “the concept [of income contingent loans] has been proven to work-Australia and Britain have used it for years- and both liberal and conservatives have reason to get on board” (cite). Carey’s bipartisan approach demonstrates that he is not bias to a particular ideology. Therefore, his argument is based on a logos (reasonable)