According to College Board over half of all full-time undergraduates at public colleges or universities are now full-time borrowers. Students put themselves in debt, just to obtain a bachelors degree. From 2003 through 2011, outstanding student loan debt increased from about 250 billion to over 900 billion. For the students that do not want to take out loans the work multiple, part-time, or even full time jobs just to pays for their …show more content…
After graduating high school some students face the hard facts that they would not be able to go to college because they simply do not have the means to. Their options are to go into the work field and spend their life trying to make ends meet, or go to a trade school, and although trade school is not always bad for most students who do not know what they want to do in life this could lead them into perusing a career that they have no passion for. Many students may enter a university, than later on realize that they would not be able to afford it and end up dropping out. College enrollment rates have decreased drastically over time. In 2011 enrollment has slipped 0.25 percent in colleges and universities for every 100 dollars