College Pay Clauses

The United States of America prides itself on being the wealthiest country in the world with high moral standards. However, behind the scenes, many college students are engaging in illegal activities due to the rising costs associated with higher education and the demand to pay clause imposed on students at colleges across the country. The demand to pay clause is not standardized across college campuses; therefore, written and implemented differently depending upon the payment policies of the Fiscal Services Department. Moreover, the demand to pay clause outlines the student’s financial rights and responsibilities about their obligation to pay and the consequences associated with nonpayment of college costs. Unfortunately, the consequences …show more content…
Unfortunately, due to the drastic reductions in Federal and State budgets, the funding is no longer available to offset these costs through grant programs (Rendleman 218). As a result, middle and working class families have limited options to pay these costs other than student loans (Rendleman 218). Subsequently, college students are guilt-ridden for placing this huge financial burden on their parents. For this reason, college students are resorting to illegal activities to pay their debt sentence. From the sex entertainment industry, to dealing drugs to egg and sperm donations, the secret off-campus lifestyle of many college students continue to run rampant because the demand to pay clause at their colleges is without …show more content…
As a result, this major change increased student loan debt by 70 % over the past decade (Hillman 35). Second, this change impacted every state’s budget; therefore, making funds no longer available to offset college tuition costs (Hillman 35). Third, the significant increase in the student population by an estimated 5 million over the past decade increased operation costs on campuses. (Hillman 35). Lastly, the median income for families has declined 14% since 2005. Today, three-fourths of the American population lives paycheck to paycheck, making it more difficult to meet their demand to pay obligations (Hillman 35). As a result, over the past decade, student loan debt has tripled. Today, about 44 million Americans have outstanding federal student loans that exceed trillions of dollars with a default rate of over 25% (Hillman 35). I ask the question, what was the point of the loan eligibility expansion? Was it to implement more unnecessary government policies, such as, “Obama to Announce Student Debt Relief, Expansion of Pay as you Earn”, which yet to give real relief to American students and their families? The bottom-line, with