Student Debt Essay

Is the Government Fixing the Student Loan Crisis? ; Who is on First, and What is on Second An author for the America Press wrote an article called “The Student Debt Crisis”. He argues that student loans are hurting the economy and causing college students to drop out because they can’t afford to payback student loans. The author states that “60 percent” of the Graduating class, college students use loans to pay for college (para. 2). Even worse, the students that struggle the most use the money…

Student Loan Crisis One of the major requirements for succeeding in any career is to obtain a degree and have experience in the field of study. With the cost of college constantly increasing by 1,120 percent in the past 30 years, so many people seek financial assistance from the government such as loans. “Student loans have been accumulating since the late 1980’s drawing near an astounding 1.2 trillion dollars as of May 2013”( CFPB, Par. 1). For students the deals are appealing because it…

The Impact of Student Loan Debt When growing up I learn to manage my own money. I do not shop unless I need something important. I work hard to pay for something like college expenses. Student loans have advantage and disadvantage that can create the future of a student. Student loan defaults are the result of bad decisions (Sullum). Students who borrowed student loans can be a lifetime servant paying for their loans. The government can extend college costs if they borrow money from them…

rate in student debt, how other countries are benefitting from providing free college, and how we can achieve free college tuition in the U.S. (Transition: First, I will…

a very large number of students leaving college with a lot of debt. Student debt is something that often times are being paid off for most of their life. After the recent 2016 presidential election, some candidates and former president Obama, think that there should be a form of free education. This brings us to the question whether college should be tuition free or not. College should be tuition free. The national student debt is about $1.2 trillion. Also, the average debt for a 2014 graduate…

future. Nowadays, High Schools are teaching students that they need to go to college in order to succeed in life, which is in fact highly inaccurate. Colleges have been around since the 1600s and through out the years, the cost for college has increased dramatically. Bernie Sanders quoted, “The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt.” That certainly proves that graduating…

undergraduate student at University of West Georgia working on a degree in Computer Science and I would like to address you on an issue that has been brought to my attention, the cost of receiving a secondary education. I believe that the price of gaining knowledge shouldn’t lead you into debt. Therefore I’m pleading for you to pass the H.R.678 - Student Loan Relief Act of 2001 into a federal law because it amends the Internal Revenue Code to eliminate the 60-month limit on student loan interest…

403 today (https://nces.ed.gov Table 320). It used to be possible to work a part time job and pay your way through college, taking on little if not no debt. Now it’s much different. Without having thousands, if not tens of thousands, of dollars ready before you enter the doors, it’s nearly impossible to go through college without taking out student loans. Though college undeniably has many benefits, the rising prices of tuition are beginning to outweigh the positives that come with getting a…

tuition prices has become such a substantial problem that the percent of students attending college after high school has dropped from 70.1% in 2009 to 65.9% in 2014 (Is College Tuition Really Too High?). (2) Of course, college is a business, and needs money for upkeep, supplies, upgrades, and salaries for the professors. (6) However, the argument pales in comparison to the facts that are present within the declining number of students going on to college yearly, and the consequences of these…

research is all high school students must not receive a college degree. The reason why I chose this top is interesting. For example, the topic is easy to relate to. In addition,it is debatable. Furthermore,is a nation issue And finally,a decision high school students. The first reason students do not need to go to a four year college because they will be in debt For example,the graph displays that college graduates are higher in debt. There is “1,278,689,629,146$” in student loans range…