College Total Failure

Improved Essays
Money is the central focus in every society that exists today because money means power. Money means the difference between survival and total failure. In college total failure ensures a future of mediocre jobs, and this is why it is important to be financially wise when going through college. Today the price of tuition for colleges is the highest that it has ever been, and that price is still continuing to rise. A lot of college students are being forced into debt as they follow their dreams because they do not understand the financial decisions that they are making. In no way does high school prepare students for the financial decisions that they will be making in their near future. For this reason many colleges have begun to require freshman …show more content…
One way that I am going to have to learn while I am in college is through all that mistakes that inevitably I know I am going to make. While those mistakes are happening to me I know that they are going to suck, but in the end I think that they will be the experiences that I base other financial decisions on for the rest of my life. Another thing that I could do to help gain more knowledge is to listen to Dave Ramsey. My grandparents listened to him a lot and they applied what they learned from him, and they have been really successful because they are good at putting their money away. By putting their money away they have been very financially secure, and this is how I want to be by they time I graduate from college. I do not want to be like my step dad who is still paying off his student loans fifteen years after he graduated from college. I am open to the idea of taking out student loans, but before I ever do that I want to learn more about student loans. By learning more about this I will be able to be smart about the loans that I am taking out, and hopefully pay it back within a few years. Making educated decisions is what will really help me to be financially smart during my college …show more content…
I am planning on applying for a lot of scholarships this year so that my first year of college will be mostly paid for. During my whole college career I am also planning on applying for scholarships just to make sure that I always have extra money so that I am not paying for all of my tuition by myself. Working while I am in college will be necessary. I know that it was take a lot of my time, but in the end it will be worth it because I will not be in debt right out of college, and I will have more work experience that I currently do. The most important thing that I think I can do is to become more educated. I need to learn more about financial planning in order to make wise decisions with my money when I do not have my parents to lean on. These few things will hopefully help me to make it through college without going into

Related Documents

  • Improved Essays

    Is College Stressful

    • 883 Words
    • 4 Pages

    While some students have a way to pay for college (parents save up or them, financial aid, work study,), it is still not enough to take care of everyday needs. Students constantly worry how they going to cover basic needs (for the rest of their college career) and how are they going to pay back student loans after graduation or (if it applies) how are they going to pay or graduate school. Students have to deal with huge financial stress of college, it might eventually cause students to either drop out or take a semester off. Financial stress might affect new incoming students rather than upper class students more.…

    • 883 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    In Caroline Bird’s “College in America”, she describes the belief that college is the key to success for all high school graduates as a “noble American ideal” (336). Bird portrays the United States as the first nation to influence everyone to pursue a higher education. However, Bird asserts that striving for a college education is not the best option for every high school graduate, due to the money being invested and the lack of jobs being offered for college graduates. I endorse Bird’s argument that “it [the assumption that college is indispensable to succeed] violates the fundamental principle of respect” (336) because college only comes naturally to a few, not everyone is fit for the challenges that come along. College is not the perfect…

    • 1194 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    As Zinsser states in his quote he explains this observation of college students, “Today is not unusual for a student, even if he works part time at college and full time during the summer, to accrue $5000 in loans after four years- loans that he must start to repay within one year after graduation. Exhorted at commencement to go forth into the world, he is already behind as he goes forth.” (258) This backward motion when going forward is often the way a college student must go. In order to be successful one must be willing to accept the pressure of financial responsibilities when taking a loan. Financial aid and other loans which students accumulate during their…

    • 1514 Words
    • 7 Pages
    Superior Essays
  • Great Essays

    It’s hard to believe that once upon time, Americans did not have the dreadful worries of finding a way to prepare for the financial necessities for college. Now, college is becoming more of a dream rather than a reality as high tuition rates becomes the number one reason why Americans are not advancing themselves into higher education. In some cases, there are college students who receive full-ride scholarships to the college they desire; however, the majority of those who do go to college do not obtain the same luck. Those students who do continue their education and go off to college find themselves short of financial aid, out-of-pocket cash, and even scholarships. This causes students to resort to taking out a student loan.…

    • 1550 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    A Problem With College There seems to be a problem with college, the quality of education has diminished and tuition costs have grown to new heights. Despite this, many people still choose to get a college education to gain an advantage in their career field. In “A New Course”, Magdalena Kay argues that the reason colleges do not adequately prepare students for their future lies in the curriculum. Teachers take away from content trying to make it relevant and don’t grade students honestly, giving out more As than they deserve.…

    • 1607 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Student Debt In College

    • 534 Words
    • 3 Pages

    Many people use student loans to finance their educations. These can be very helpful when it comes to paying for an education. However, many students are getting trapped by student debt. In light of this, young people who are heading off to college should consider all their options before borrowing money. Here are five facts that incoming college students need to know about student loans.…

    • 534 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The famous myth of using student loans is the only way you are able to afford going to college and this is just completely false. There are many ways you are able to get free money that you don't need to work for. Also, you can work because working will help you get though the everyday expenses that are going to confront you. These two thing plus anything that helps you save money will provide you with the cash you need to stay out of debt.…

    • 597 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Student Debt Economy

    • 1818 Words
    • 8 Pages

    Student Loan Debt and the Economy Ever since the idea of going to college was created students have always worried about how they were going to pay for it. In 1958 the government thought of a solution and the first federal loans for college were introduced (New America Foundation). shortly after former students started to struggle with paying them back, 57 years later students are still fighting the same battle. with interest rates and the costs of tuition rising students are still encountering the same hassle if not even worse.…

    • 1818 Words
    • 8 Pages
    Great Essays
  • Great Essays

    In colleges over the United States, students are not able to fulfill their educational dreams. In the United States, tuition costs, for colleges, are pretty expensive. Even going to a public small college is costly enough for a student. Most students are not able to afford the tuition because they do not have a job to get the money from. In order to pay it the tuition, they have to make sacrifices.…

    • 1098 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    College is full of many opportunities to help anyone achieve the success they want, with endless amount of support and resources it can be difficult or overwhelming for some students to decide which one is best for them. Unfortunately, many individuals will not get to experience college because they cannot afford the tuition. Since higher education cost thousands of dollars many students pay their tuition by participating in organizations, sports, doing a work-study, and many other things. Majority of students delay college or do not go because they cannot afford to go right after high school. With tuition being so high, it forces students to take out a tremendous amount of loans which accumulates to student debt.…

    • 639 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Student Debt

    • 1052 Words
    • 5 Pages

    Sixty percent of college graduates have an average debt of $16,033 (Gitlen). In 2010, Americans owed more than $875 billion on student loans, now that number has reached $1.3 trillion (Gilten). Many students do not get enough scholarships or grants to pay for the traditional four-year university, so they take out student loans. According to Beth Braverman, a writer for The Fiscal Times, “Those who need to borrow a large amount of money to finance their education, or who are going into a profession that doesn’t pay very well, will have more financial security if they attend a lower-cost school and don’t have to struggle with substantial debt payments after graduation.” (Braverman, par 6).…

    • 1052 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Student Debt Research

    • 854 Words
    • 4 Pages

    Student debt has reached its highest at over more than 1 trillion; passing credit card debt. One can wonder if college outcome is beneficial enough to repay the debt one might or might not be in. To begin, education is important regardless of what price. Also, college allows you to receive a better wage than someone who does not continue a post-secondary education. However, money is not always the most important factor.…

    • 854 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Khalifa Almazrouei Bess Myers Writing 121 24 October 2014 Should Student Pay that Much For Colleges? In today’s time, it cost thousands of dollars every year in tuition to go to college in America.…

    • 1568 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Student Debt Essay

    • 1168 Words
    • 5 Pages

    Game of Loans Education should not be a debt sentence. However, according to Mark Kantrowitz in The Wall Street Journal, the average student this year will have to pay back more than $35,000 in student debt (Sparshott). Statistically, that is more than buying a new 2016 car or truck, which averages around $33,560. For a college student that is just graduating and makes less than 30K a year, that is outrageous!…

    • 1168 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Getting a college degree is very questionable today, however I believe everyone should get a college degree if there is ever a chance, because of the financial benefits after graduation, and the variety of skills learned. There are for sure many positives to attending college, as well as many negatives. Throughout college there are a variety of different skills and experiences to gain, which would never be discovered without going to college. Many people believe that college is not worthwhile to attend due to the outrageous costs, and also because college tends to hold people back with major life decisions.…

    • 1189 Words
    • 5 Pages
    Improved Essays