Government debt

four-year degree will earn $52,000 and someone with an advanced degree will earn $67,000. Many students are struggling with college tuition, some even deciding not to attend college, or find a job while in college, or going to college and drowning in debt, and I believe that shouldn’t happen. Also there are many countries who college education is free that we can follow, certain countries…

year, due to the lack of students deciding not to go to college because they see that less people are attending college and less people are graduating from college. So, they think it must be a waste of time. It’s not a waste of time. Therefore, the government needs to lower college tuition so these students will see the price lower and think that it isn’t that bad, so they will go to college, and the graduation and admission rates will go up, and more and more students will see the rates go up…

of all the candidates running, however, Bernie Sanders would be the best as president. Bernie Sanders is a 74 year old politician in the democratic party running for president. Some of his presidential issues include making college tuition free and debt free, changing the national minimum wage for everyone, and giving Medicare to all. His presidential issues or in other words the goals that he wants to accomplish as president would benefit millions of lives and solve problems that the country…

Student loan debt is one of the many financial issues that we in America are faced with today. Not only does this debt have detrimental effects on the economy, but it is directly affecting students who would like to pursue an education, but fear the dreaded debt that accompanies it. Graduates are completing school with exorbitant amounts of debt and are being expected to start making payments within 6 months of completing their degree. How are students expected to start living their lives with…

will continue to increase if we don’t take the necessary precautions to end this. The majority of college graduates won’t be able to pay off their debts until later on in their lives, interfering with their future, and their surrounding others. According to an article written by Jon Fortenbury, the college graduating class of 2014 was left with a debt of over $33,000, nearly more than half of what college cost 20 years ago. The only way graduates are able to pay their loans without having it…

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…

Drowning in Debt The concept of fiscal responsibility, to a majority of students, represents a new, unexplored terrain and their lack of knowledge allows the experienced system to entangle the fresh meat into their web of suffocatingly high, predatory interest rates. To express his frustration with the credit card companies, as well as sympathise with the students, Mancias asks then answers the question, “Who is to blame for this situation?” (274). The answer to his question becomes his thesis…

When it comes to accumulating debt, college students take the cake. We borrow money from the government so we can pay for pretty much everything. As soon as we sign the promissory note we are set with loose instructions; all loans must be used for school expenses. Realistically, as soon as you go to college most everything becomes a school expense. The basics such as tuition and books are covered in our loans and then we are left with the rest. If there is any left over money, many students go…

This allows debt to flourish amongst the public, as well as increases their intimidation of more debt and expenses.. As Foucault clearly states ""Discipline" may be identified neither with an institution nor with an apparatus; it is a type of power." (199) this is extremely similar to the emphasis of the banks intimidation, and their use of discipline to grow their power. Obviously, if you get any sort of money loaned from a bank, you are in debt to them, and until you pay off this debt, you are…

when it comes to post-secondary education. In Germany, college tuition fees and debt are seemingly nonexistent. As of today, Germany has abolished tuition fees. To understand this, Germany is publicly funded and is a federal country that has sixteen autonomous states that control issues pertaining to education. Over 80 percent of the tuition costs are supported by the German states, relieving students from student loan debt. (Kehm). Similar to German education, Nordic countries also provide…