In today’s American society, going to college is almost necessary to be equipped with the essentials to be highly successful in life. Many career paths require a college education and having a college education can give you an edge on others when applying for jobs that do not necessarily require college education. In order to go through college, the school must be compensated in some way as payment for educating, so there are many ways to do this: obtain grants, scholarships, pay with cash, or take out student loans. However, all of these options are not good. Taking on student loans to pay for college is not a good idea despite when people say a student loan is a good debt because you are learning; student loans can ruin future life plans and be a great burden on
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McCormick 2
Without the freedom to live the lifestyle one wants, their emotional well being can be damaged. As the Bible says in Proverbs 22:7, “The rich rule over the poor, and the borrower is a slave to the lender.” Being a slave to debt is not fun whatsoever and one’s happiness and comfort in life can be stripped away from the as a result of the debt associated with taking out student loans while in college. This emotional stress can be damaging and leave bad memories associated with life shortly after college.
One might say that student loan debt is good because it is providing an education that will be used to pay off the debt in no time because of the advantage that college education offers.
However, this is not the case, taking on student loans is never a good idea because it creates various problems like the problems elaborated upon previously.
Overall, taking out student loans to get through college is not a good idea because it can cause many complications in one’s life and it is better to pay for college with scholarships or grants or cash or a combination of all
McCormick 2
Without the freedom to live the lifestyle one wants, their emotional well being can be damaged. As the Bible says in Proverbs 22:7, “The rich rule over the poor, and the borrower is a slave to the lender.” Being a slave to debt is not fun whatsoever and one’s happiness and comfort in life can be stripped away from the as a result of the debt associated with taking out student loans while in college. This emotional stress can be damaging and leave bad memories associated with life shortly after college.
One might say that student loan debt is good because it is providing an education that will be used to pay off the debt in no time because of the advantage that college education offers.
However, this is not the case, taking on student loans is never a good idea because it creates various problems like the problems elaborated upon previously.
Overall, taking out student loans to get through college is not a good idea because it can cause many complications in one’s life and it is better to pay for college with scholarships or grants or cash or a combination of all