As Donald Trump receive a small loan from his parents, college students also have the same situation. With tuition rates ranging from at least $40,000 per semester, an average student could not pay the cost immediately. From there, banks and schools have initiated what would be known as a loan. These tools are used to pay off substantial cost in a short period; however, these costs can affect a student over time. With few articles supporting from “The cost of being a student” by Rebel Yell, “Profits, students vanish for for-profit college” by Patrick Gillespie, and “What do we get for all that student loan money?” by Megan McArdleBloomberg, having loans can eventually lead to complication in adulthood. Like a shadow, college debts follow
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Somewhere along the line, universities decided to charge a high cost for class. With a cost that one could easily spend on a football game or a movie, classes are clearly more expensive. With the high prices revolving around these courses, students cannot pay these debts “since most families don 't have tens of thousands of dollars lying around”(McArdleBloomberg) even with the savings for college. Even with scholarships, students tend to take fewer classes or withdraw from classes that they cannot cover. Despite these terrifying costs, loans provide the assistance needed for desperate times. While these loans can help for the short term, students will become in debt for their lives. Even in some instances, loans may not even pay to students until their previous loans have been paid off. Even at the University of Phoenix, student loans have affected costs leading to “fewer and fewer students in class because the ones that couldn’t pay are often the first to leave”(Gillispie) which questions the usage of loans. With class size this small, an abundant amount of students get held back and would not get a better job until halfway into adulthood. As most students would not want that, these class sizes are indeed a problem as it shows that students do not have the opportunity to register even for classes. Even throughout these situations, students cannot make a daily life decision and choices due to their lack of
Somewhere along the line, universities decided to charge a high cost for class. With a cost that one could easily spend on a football game or a movie, classes are clearly more expensive. With the high prices revolving around these courses, students cannot pay these debts “since most families don 't have tens of thousands of dollars lying around”(McArdleBloomberg) even with the savings for college. Even with scholarships, students tend to take fewer classes or withdraw from classes that they cannot cover. Despite these terrifying costs, loans provide the assistance needed for desperate times. While these loans can help for the short term, students will become in debt for their lives. Even in some instances, loans may not even pay to students until their previous loans have been paid off. Even at the University of Phoenix, student loans have affected costs leading to “fewer and fewer students in class because the ones that couldn’t pay are often the first to leave”(Gillispie) which questions the usage of loans. With class size this small, an abundant amount of students get held back and would not get a better job until halfway into adulthood. As most students would not want that, these class sizes are indeed a problem as it shows that students do not have the opportunity to register even for classes. Even throughout these situations, students cannot make a daily life decision and choices due to their lack of