The Benefits Of Paying For College

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“With more than $1 trillion in student loans outstanding in this country, crippling debt is no longer confined to dropouts from for-profit colleges or graduate students who owe on many years of education...” (Martin and Lehren 4). After graduating with an associate’s degree or a bachelor’s degree, many students leave school in thousands of dollars of debt. Is going to college worth the crippling debt afterwards? Many graduates may agree that it is worth the time and money because the experience opens up many more opportunities. Having a college degree does not guarantee a job after school, but it does put graduates in a better position of getting a job than those who do not go to college. Paying for college is not easy because of the overwhelming …show more content…
Not only that, but many students are not financially stable enough to even attend high school. Many of these students have only the bare essentials that could last them the entire year. Because of inflation, the cost of tuition and fees continues to increase faster than medical spending. (Martin and Lehren 5). A majority of families already have their own financial issues to worry about and adding college tuition and fees would make their situation much worse. The increase of college tuition forces students to take loans from banks and family members which would only put them in deeper debt. Financial aid would certainly help students with their financial problems, but not everyone qualifies for government help. Even though, “...student loans are what many economists consider ‘good debt,’ an increasing number of borrowers are struggling to pay them off...” (Martin and Lehren 6). Adding personal loans to school tuition and fees is a terrifying combination. This would only add more debt and burden the student with financial issues. The most common ways to avoid debt would be to apply for scholarships and financial aid whenever possible. These options would significantly decrease the cost of college. Another great way to avoid crippling debt would be to attend an in-state college. Not only are they much cheaper than out-of state colleges, but they also lower the cost of transportation. College …show more content…
One of the few easiest and helpful ways that could help with college tuition, are scholarships. Scholarships are available for everyone and there are always new scholarships being made every month. The best part about scholarships is how diverse they are. There are scholarships for, “...tall people, short people and even for creative types who make prom dresses out of duct tape.” (Gormus 11). Not everyone is able to apply for certain scholarships due to how diverse they are. Someone who has both their arms can not apply for a scholarship to those with one arm. Of course, not everyone qualifies for specific scholarships, but it does not even matter because there are many more on the internet and other places. Because there are numerous scholarships everywhere, anyone can be scammed. No one is guaranteed a scholarship, but “...if it sounds too good to be true, it usually is.” (Top 10, 9). Luckily, there are many websites and other sources that help people find real scholarships. The main downside to applying for scholarships, is how easily someone will give out their information to strangers. Not only that, but it takes a while to receive one and many times people get rejected. Another great way to pay for college, is through receiving financial aid. Financial aid is a government program that every high school student should apply to if they plan to go to college. Financial aid is not

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