The main reason students take out student loans is to help pay for their schooling and help further their education. In order for a student to receive a student loan they must have a better work ethic so that they can keep that loan, without having a good work ethic students are more likely to lose eligibility to have a student loan. Students hardly take the help of a loan and end up having to pay for college out of their own pocket. In the article titled “The Myth of the Student Loan Crisis,” the writers Nicole and Derek say, “One in six full-time students at a four-year school who are eligible for government loans were not taking advantage of them” (Allan and Thompson 583). Many students do not realize that loans are here to help get them through college, they only see what previous students are going through because they did not use the loans the right …show more content…
As citizens it is important to take pride in our government and be respectful enough to pay money back that is borrowed, such as student loans. When considering college, first year students will face major decisions like, is a student loan worth taking or even worth the consideration? A student loan has many benefits that will help students choose the right college for them, it will open up opportunities that no one would have ever considered possible. Previous students have fallen into debt with student loans because they did not have a good worth ethic and they do not take into account that their actions will have consequences whether the consequences be good or bad. Even though there are a lot of positive sides of a student loan, there are also negative effects. The positive side will outweigh the negative side if one makes a financial budget and stick to that budget. As one of the older generations it is important to set up a good future that the younger generations will look up