Some places around the world already offer free education. They use the state's taxes to pay for the education, and their tax wedge has gone up about 31.5% (Jackson). There are about 6 places that offer free education all in Europe; most only allow their citizens to have the free education. Germany is the biggest one that allows people out of state to have …show more content…
Andrew Jensen says “the average student graduates with about $24,000 dollars worth of student loan debt”; people are now more in debt due to their student loans and credit cards (Jensen). Colleges increase their tuition every year because they know students can get a loan to pay for the education, which can affect students loans to go up(“The Real Reasons Why College Tuition is so High and What You Can Do About it”). People nowadays are doing the 2 step college option were they go to a affordable 2 year college and then transfer to a 4 year college which cuts down their student loans drastically(“The Real Reasons Why College Tuition is so High and What You Can Do About it”). Colleges can also do something to make your college education cheaper. In the article “The Real Reasons Why College Tuition is so High and What You Can Do About it” it says that if colleges reduced the price of tuition by 25% by making appropriate cuts to ensure that it doesn't lead to …show more content…
A lot of parents can’t help their kids pay off their student loans because it's so much now parents can't afford. When parents take out a loan for their child they usually can't pay it all back and puts parents in debt. In the article “You Probably Didn’t Know These Facts About Student Loans” a mother said “I took out 30,000 dollars in student loans to pay for my daughter’s college. Now im 55 and nearing retirement, and my daughter can’t make payments because she doesn’t have a job yet. What are my options?”. Many parents get into this problem their kids don't have a job yet or they don't make enough to pay for their student loans, rent, food, etc. Some students just stop going to college but what they don’t know is that they will still have student loans. Students have about 50,000 dollars in debt, that has tripled since