Student Loan Debt For Students Essay

1079 Words Apr 11th, 2016 null Page
According to the Institute for College Access and Success reports, the average amount of student loan debt for undergraduates in the United States for 2013 was $28,400. The Institute for College Access and Success also reports that the average amount of student loan debt for undergraduates in Pennsylvania as of 2013 was $32,528. The same source reports that Maryland has an average undergraduate student loan debt of $26,349, New Jersey’s average is $28,209, and New York’s average is $26,381 (Bidwell, 2014). Even though these three surrounding states have a higher per capita income than Pennsylvania has, their student loan debt is lower than Pennsylvania’s. When comparing these surrounding state’s per capita income and student loan debt to Pennsylvania’s, these statistics should raise concerns for Pennsylvania students. When looking at legislation for student loan debt in the states surrounding Pennsylvania, it becomes apparent that Pennsylvania lacks not only in legislation for postsecondary institutions but also in regards to childhood education as well. Student loan debt is not just a current issue, it has been an issue in the United States for a while now. However, the issue of legislation concerning student loan forgiveness has recently become a prominent discussion on and off college campuses. A student cannot afford to pay for college up front, so he or she is forced to take out federal student loans. When the student loans do not cover the entire cost of their…

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