Causes Of Student Debt

Decent Essays
College students face many challenges such as being involved in out of school activities, being out of school for a long period of time, and having personal problems outside of school. Obstacles like these can affect a student inability to do well or attend school. It can force a student to drop out of school or flunk out of school. The biggest challenge out of these is student debt.

Student debt is a difficult to deal with because it can stress someone out financially. Many students have bills that they have to pay for such as rent and car insurance. Also, many have people that depend on them such as their children or parents. These loans will only things more complicated for someone in a bad predicament. Let’s say you are making minimum wage and your rent is 680 a month and you make 900 to 1,000 dollars a month until you lose your job and you find out you have to pay student loans.
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One way of doing this is by taxing the rich 30% and giving 15% of it to colleges and universities. After the colleges and universities receive the money, they will spread the wealth around to the students by giving out grants and scholarships to students who are really need of a grant and want to attend school. It will give the students or parents less to worry about financially.
College students have a lot of things going on besides attending school such as work, and bills that they have to pay. Sometimes these things forces a student to give up on school. One of the biggest challenges student deal with are student

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