The Pros And Cons Of Student Loans

I believe that there is no need to take out a student loan in order to attend college. This is just another myth floating around that people believe to be the truth. There are many ways to attend college by paying with cash. People should not take out student loans because they are hard to get paid back, and they cause stress, but to be able to have this outcome you would’ve had to start saving years ago. Some ways that you can help yourself not take out a student loan are to attend a public college, attend an in state college, get a degree in four years or less, get scholarships and grants, get a job, and save money. “Our culture thinks student loan debt is okay-it seems totally normal. Some people even call it ‘good debt’” (106). Well the truth is, “there is no such thing as a …show more content…
One could argue that saving for college is the best idea yet, but I believe that you would have to start saving before you were born. What if this really did happen and you have had an account before you were born. Maybe your parents paid attention in personal finance and already started you a savings account. I also believe that, “you have countless options when it comes to getting a great college education completely debt free!” (117). I mentioned before that there are so many options to get money for college. Create a monthly budget and follow it, get a job, apply for financial aid, and get scholarships and grants. These are just a few of the many options to graduate debt free. Right now you also need to focus on getting good grades. “Good grades do more than just get you into the school and career you want. They also help you get free money! Yes, scholarships go to those who earn them” (110). If you do all these things and don’t spend money on unnecessary objects, than you shouldn’t need to have money saved up before you’ve been born. You are responsible and are smart enough to make good