Student Debt Essay

College is one of those things that is frowned upon if you do not attend, but it shouldn’t be: nearly 50 percent of college students dropout. There is a lot of controversy on whether college is worth the effort, the time, and the money. It’s not, if you think about it, the Federal government has backed over $1 trillion in student loans to young adults who are unemployed, underemployed, and will likely never have the funds to pay it back. Society today thinks that college is the only way to be…

take a student loan out. Most community colleges are $5000 or less, so just go work for your schooling if that’s the case it is very affordable. Now, if you go to school for a high paying job, if you are smart enough to attend then you may be in luck. Say you were a doctor that made $90,000 a year then you will most likely pay your debt off rather quick. You would be part of the lucky ones that has paid their student debt off. As you can see there isn’t very many pros to taking out a student…

Debt has been a problem for years but recently there has been a growing issue with higher level education seeking students attending college. With the demands for a bachelors degree rising throughout companies students are left with a complicated issue choosing between paying a ton of money for a bachelors degree or risk getting paid a lot less and having more trouble finding a job. Because of this issue students have been taking out student loans and borrowing money to help fund their journey…

is showing how today's college students have to work 30-40 hours a week and still have student loan debt. The Tennessee Promise is a program that is used, this program can cover tuition after a student has applied for other federal or state grants that also pay for tuition. The main problem is that the program will not help college students graduate. To make sure that students graduate the Tennessee Promise now includes mentors who are willing to help new students. Although the Tennessee…

million Americans have student loan debt. The average individual student will owe about one hundred thousand dollars for a bachelor’s degree; together, Americans owe 1.4 trillion dollars. Do you really want to add another hundred thousand to that? If you start saving now, apply for grants and scholarships, and even get a part time job, you can follow Dave Ramsey’s advice and graduate college debt free. If your savings begin to grow now, you are already getting ahead of most students. A lot of…

Many students would answer this question with a definite “yes”, arguing that education needs to be affordable. Now that society is making college education the new element for most jobs, many people now have to gain a higher education degree for the job they prefer. “In the past couple decades; a college education has been promoted as a necessity for success in life.” (At Issue: College Education). It’s holding society to a higher standard, but also causing students the burden of loan debt.…

current national students tuition loan debt is $1.2 trillion. Students’ tuition should decrease, because the tuition cost is too pricey. Because of the high cost of tuition, many students cannot afford to go to college. By lowering the tuition cost, this act will enable students to obtain a higher education. This will allow students to become more successful. This is one of the many reasons why students’ tuition should be dropped. If tuition is lowered, it will allow students to have a…

college because you will graduate with tons of student debt and no matter if you are deemed disabled or dying you will have to pay your student debt no matter the cost. Student loan crisis, “can’t work? Too bad, pay up anyway.’ Say’s the Education Department after red tape keeps disable borrowers of student loans debt. Under federal law, borrowers who develop sever and lasting disabilities after taking out federal student loans are entitled to have their debts forgiven, but the system is broken,…

This plague, known as “debt,” not only affects dropouts, but also some college graduates. Several questions arise: what have been the main causes of the rise of college tuition over the past few decades? What economic impacts does this issue impose on the United States? What social repercussions does college debt have on student loan borrowers? What solutions have already been proposed? What are their benefits and flaws? Lastly, what is the best solution to resolve student debt? As the United…

incurring student debt with the help of their parents. But the same cannot be said for me, my sister, or anyone trying to receive higher education today. No matter how much they want to pay for my college education, my parents simply cannot afford to pay college tuitions that are higher than their net annual income. Leaving me and other college students with only one option: get student…