The Effects Of Student Loan Debt

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College education is perceived as the ultimate achievement in anyone’s lifetime. To finally receive an acceptance letter to a university or college, only then waiting four additional years to actually begin your dream career. Then there is a possibility of finding a job in your intended career or going to graduate school. All these decisions and money “well invested” makes people wonder, if any of it was worth it. The cost of a college education effects the outcome of student-loan debts and prospective job opportunities. As many have heard before, “Be the change you want to see in the world” (Gandhi). Every school quotes this, but as I remember correctly Gandhi was never specific about relating to school or a higher education. He meant to …show more content…
College graduates that have studied science, technology, engineering or math (STEM); pay back their debt much quicker than graduates, who have majored in the liberal arts. College loan debts have been unforgivable even when the graduate is in bankruptcy (Stephens). And William Bennett agrees to this statement, “…can expect harassment form collection agencies and wage garnishments until you can voluntarily make payments again” (Bennett). This has affected college students much on women that there are “sugar daddy,” providing sex to older men to pay off their loans (Bennett). Bennett also states that the total student-loan surpassed one trillion dollars making it a rate of $2,853.88 per second, passing the total of credit card debt since June of 2010. With all this money “invested” many would think it is well worth it, but the struggles of a college graduate after their college …show more content…
George Leef discussed how college was up to the person considering of attending. That if they desired to get a higher education, it’s because they have the determination and power to achieve it. Leef explained that although college isn’t for everyone, everyone had a choice to attend college or not and it was also up to them how well they would perform in their studies. Earning a college degree, in Leef’s opinion, is viewed as a competitive advantage. Whereas Dale Stephens argues that today’s college system is not what it used to be and challenges students to learn outside of a classroom. To explore your interests, learning first-hand what the experience is really like. But if students wanted to become a doctor or engineer, of course going to medical or graduate school would be the best option for that student. He also makes a point that college is not for everyone and informs his audience to discover themselves. He also provides evidence by sociology professors, stating that thirty-six percent of college graduates do not improve any skills throughout their four years of college. William Bennett writes about how college is becoming more expensive and explains with evidence of the total amount of student-loans since 2010. He discusses many situations which some people didn’t have to pay back their loans and those who were still in the process of

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