For one thing, college students all across America skirmish on a financial level. First of all most young adults in college do not have enough financial experience to handle a financial environment. Secondly, young adults who are just entering college usually do not have enough financial literacy to partake in constructing financial decisions. Thirdly, and most importantly most college students end college with a colossal detrimental financial debt. Notably, college students are faced with financial responsibility, and they are struggling because they are not experienced in today’s financial environment, they are not educated enough to make independent decisions, and they do not know how to budget living to avoid financial debt.
In all honesty, …show more content…
Concerning, the article “A System Review of Financial Debt in Adolescents and Young Adults” it states that “young adults are at risk to have debt due to a rise in college costs” (Hoeve et al). In fact, it is not surprising the young college students are the most at risk for debt because college is particularly expensive. That is to say, future college students should consider saving money in an investment account for the day they go to college, so that they do not have to endure the agony of student financial debt after they graduate college. On the other hand, to avoid student financial debt, a young college student should immensely focus on school so that they do not have to retake a class because retaking a class only means more money being spent towards education. Moreover, college students should research which classes they specifically need to graduate because taking unnecessary classes can only lead to elevated student financial debt. Further, in the article it states that “financial debt in young adults has found to be associated with lower levels of academic success” (Hoeve et al). Particularly, college students should be aware of how much a class costs, so that they do not overwhelm themselves by taking too many classes. Indeed, college classes are not simple, they are time consuming, and most of all they are expensive. When in fact, college students should consider not taking to many classes a term so that they can pass, and not have to redo any classes to avoid the stress of adding to financial
In all honesty, …show more content…
Concerning, the article “A System Review of Financial Debt in Adolescents and Young Adults” it states that “young adults are at risk to have debt due to a rise in college costs” (Hoeve et al). In fact, it is not surprising the young college students are the most at risk for debt because college is particularly expensive. That is to say, future college students should consider saving money in an investment account for the day they go to college, so that they do not have to endure the agony of student financial debt after they graduate college. On the other hand, to avoid student financial debt, a young college student should immensely focus on school so that they do not have to retake a class because retaking a class only means more money being spent towards education. Moreover, college students should research which classes they specifically need to graduate because taking unnecessary classes can only lead to elevated student financial debt. Further, in the article it states that “financial debt in young adults has found to be associated with lower levels of academic success” (Hoeve et al). Particularly, college students should be aware of how much a class costs, so that they do not overwhelm themselves by taking too many classes. Indeed, college classes are not simple, they are time consuming, and most of all they are expensive. When in fact, college students should consider not taking to many classes a term so that they can pass, and not have to redo any classes to avoid the stress of adding to financial