The Growing Problem Of Student Debt Essay

885 Words Oct 31st, 2016 4 Pages
The Growing Problem of Student Debt
A question that always seems to come up at the dinner table when a senior is finishing their last year of high school is that of, “what college are you going to choose and how are you going to pay for it?” Although both questions are kind of hard to answer on the spot, one is more difficult than the other. Most high school students struggle to come up with the finances to pay for college. The sad part is that everyone needs an education to have any sort of career because of how competitive the job market is. Most students end up going to very expensive schools and get up to their eyeballs in debt. According to the Institute for College Access and Success, “Seven in 10 seniors (68%) who graduated from public and nonprofit colleges in 2015 had student loan debt, with an average of $30,100 per borrower. This represents a 4% increase from the average debt of 2014 graduates.” Students are experiencing levels of personal debt never seen before and it needs to be fixed. My brother graduated college a few years ago and he has a monstrous amount of debt, $82,000 to be exact and he’s only been able to keep up with interest payments. If college is viewed as a necessity, then it should not be priced like a luxury. I believe that college education should be subsidized to allow all American students to receive a college education without the threat of crippling debt hanging over their heads.
Most people would ask the question, “if college is free…

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