The Student Loan Crisis Analysis

Superior Essays
Is the Government Fixing the Student Loan Crisis? ; Who is on First, and What is on Second
An author for the America Press wrote an article called “The Student Debt Crisis”. He argues that student loans are hurting the economy and causing college students to drop out because they can’t afford to payback student loans. The author states that “60 percent” of the Graduating class, college students use loans to pay for college (para. 2). Even worse, the students that struggle the most use the money to get necessities like a vehicle or a place to stay; the author states, “Millennials have been hit the hardest, Burdened by student debt, millennials are putting off large purchases, like houses and cars” (para. 4). The problem is that the student misses
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While the upper class has to pay more taxes and higher fees as well, it is the lower class that is stuck with the dreaded student loan fees. People who are in their 30s and 40s who have degrees are still paying off fees (“The Student Debt Crisis” para. 4). If tuition continues to rise then students will be paying for their loans into their 40s and 50s. Both sides agree that the government should be faulted. It has not done enough to help former students fix their debt, nor does it help enough people that are going to be in debt. In the USA Today article called “More Government Aid makes College more Expensive,” the author talks about the government’s plan to fix the student loan issues. Each idea gets criticized and rejected for either pushing the problem on the rich or raising taxes. The authors of “More Government Aid Makes College more Expensive” and “The Student Debt Crisis” agree that there are more and better options that can be used to solve the …show more content…
Both sides could benefit if they agreed that there was no win or lose. The author of the “More Government Aid makes College more Expensive “article said that schools are putting too much money into their employees, and should lower worker pay, as well as cut costs in various areas to lower tuition, while the author from “The Student Debt Crisis” believes that schools should offer free tuition for lower class like Stanford University does. If they came together to meet in-between, everything would be work fairly. The schools should cut costs, and colleges should halve tuition costs for lower class families. If schools lowered pay of employees, and cut tuition costs by half for the lower class students the cuts would not have to be as

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