Having a great education is beneficial to have In the long run. It helps you with finding better-paying jobs; apply the skills you learned from college into your career and shows employers that you are capable of being trained to work on the field. But on the contrary, the cost of getting a college degree is becoming more expensive. Although paying through scholarships or having a family with disposable income makes it more accessible, the majority of students pay off their tuition with federal loans. Consequently, after students graduate, they end up with tremendous loan debt and has to pay it after a couple months.
Outstanding student loan debt is unmanageable because the repayment schedule is not based on the actual earning of the loan
Outstanding student loan debt is unmanageable because the repayment schedule is not based on the actual earning of the loan