Student debt

tuition rates ranging from at least $40,000 per semester, students have no choice but to take out loans. As some loans are abundant, these options have become widely accessible to pay off these costs. Sadly, these decisions have accumulated debts over a college student’s career. With few articles supporting from Megan and Gillispie, these loans can lead to detrimental problems during and after college. In other words, these costs have caused students to gain stress in their day to day lifestyle…

Suze Orman once said “debt is sacrificing your future day needs, for your present day desires” (Suze Orman). According to The Higher Education Quarterly, during the 1980s, a political consensus developed concerning the need to increase participation in higher education. How to finance this increase, however, was a matter of contention. While successive Conservative governments demonstrated a commitment to increasing the number of students, this aim was subordinate to their central concern of…

Student Loan Debt Crisis Specific Purpose: By the end of my speech, the audience should be persuaded to support student debt forgiveness programs. Thesis: Student Loan Debt is harming student’s financial stability and undermining their long-term life goals. Introduction: In fall 2014, I transferred to Harold Washington College after being out of school for two years. That same year student loan debt within the United States surpassed $1.1 trillion (Frizell) and some of that debt is my own…

Current student debt is an all time high and it’s only getting worse. Current federal student debt is at 15 billion dollars with over 3 quarters of new jobs needing a post-secondary education. Though, it’s an asset having a diploma in your back pocket, not many can afford a college or university education as tuition costs continue to rise. Nevertheless, student debt not only affects student’s wallets but the mental state of mind of the body as well as the economy and the after-life of one. Even…

Student loan debt can be a daunting thing to face when you first graduate from college. You have spent the past four to eight years or more concentrating on your future endeavors and now find yourself at the end of your academic road with a mountain of debt and looking for a job. There are a number of easy to eliminate student loan debt and this article with share the two main ones with you to help you find a light at the end of your student loan tunnel of debt. Student loan debt is inescapable…

for many students through student loans. Naturally, as the number of students attending college has increased, so has the amount of student loans. Student loans, in and of themselves are not necessarily a problem, so long as indebted students are able to repay them. However, more American college graduates are finishing bachelor’s with excessive student debt for which they are struggling to repay. According to Mark Kantrowitz, “excessive” debt would be defined as “when the borrower’s…

In order to conduct my research of student loan debt and its effect on the student, the research process will be broken up into two stages. The first stage will consist of continuing education and taking courses as well as attending conferences related to debt that will directly aid me in my knowledge of the topic and my ability to conduct the study. The second stage will be the start of the study on the Mason campus with the aid of an advisor and mentor. This involves the creation of the…

As of most recent data shows the average student loan debt per student was thirty thousand dollars with over twelve million who borrow per year (Institute, 2016). There are over one trillion dollars of past due student loans to date. The majority of students taking out these loans are under the age of twenty-nine. This means that right out of high school, with no income, these students have started to acquire a lot of debt. Added to the size of the debt is that gradually over the last…

Lifetime of Student Debt? Not Likely,” Robin Wilson proposes that students have liability to ensure that they will not complete school with an intractable amount of debt. In her opinion, although many claim that student debt is the lender’s fault for supplying the money or the school’s fault for charging lofty expenses, the flaw lies in the student when they don’t take different factors into account and live inside of their means. Wilson gives an example of this by saying, “higher debt makes…

Caralee Adams author of “Students Alerted to Loan Debt,” Kim Clark author of “Learning the Hard Way,” and Hollis Phelps author of “A Degree in Debt: The High Price of Higher Education,” explain the consequences of student loan debt, specifically how students are forced to take out large amount of loans because of the “struggling” economy. The three articles stress the need for a higher education to be successful in life. The three articles also showcase a students’ fight for a quality,…