Student loan

"I probably would have taken one or two loans, and then I would have hustled. I would have picked up groceries in college, I would have babysat everybody because they guarantee you a degree, but they don't guarantee you a job, and they still want their money” (Whiteside). This statement was made by Rhea Shannon, who is a college graduate who has collected $54,000 in student debt. Her father was the cosigner on her loans, but he died her senior year of college fighting in Afghanistan. Shannon’s…

Every parents dream is for their kids to be successful, they want a child who had fun, stayed safe, and hopefully pursuited a college education so that their future would be bright. A college education and their degrees give college students and graduates a better opportunity to get a job and set up a career path. Now imagine, a world where everyone has a college education. The thing that made a college education and degree worth anything is that not everyone has one, it’s like diamonds. The…

Do you want to be drowning in student loan debt for the rest of your life? College is not worth the debt. According to the article Big Future by The College Board, the going rate for college is about $23,000.00 per year. That amounts to about $92,000.00 just for a four year degree. Some other reasons are because it not only causes student debt, but it also causes a lot of stress and frustration. It can also cause some long term and short term health problems that can be very detrimental to…

on the price of College education. College is a very significant place for students to start their lives. College should be affordable and available for students that want to pursue in something. If officials choose to make college affordable, there will be an increase in lifetime salaries and more employment options. “Student loan debt was over one trillion dollars, and more than eight hundred fifty thousand students loans were in default” (college education). The reasons why this number is…

In today’s society, students are advised to further continue their education at secondary institutions. The job market looks to employ students with degrees and better skillsets. Yet despite placing such an emphasis on education, students are punished with the possibility of an enormous student debt if they choose to attend college. The student loan debate has sparked the idea of created government funded, free colleges. But despite good intentions, government funded colleges would do more harm…

Since finances are a touchy subject, you might want to start talking more openly about what you've been learning about money, how you've paid off your student loan debt or that you started investing in your 401k. This will open up the discussion and then you can see how open they are to talking about it. Depending on their age and abilities, what they can do will vary, but they can learn to budget and there's…

Analysis Paper 2 How Student Loans are Hurting the Real Estate Market Student loans are commonly used to help pay for college, and most college student’s use this strategy in order to pay for their education. One thing about student loans that people try to put in the back of their minds is that they all need to be repaid eventually. According to the article, “A Look at the Shocking Student Loan Debt Statistics for 2016,” it mentions that there is $1.26 trillion in U.S student loan debt and…

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…

Is Student Loan Debt Harder on Women? A recent report by Pew Research confirms that the pay gap between men and women is not only real, but it is still very much alive and well to this day. The gap is even wider for black and Latino women, the study found. The result is that those making less money are not able to repay their student loans as quickly and are saddled with greater debt loads. A study by the American Association of University Women found that Asian women paid down their student…

Student loan forgiveness has been one of the hottest topics for the 2016 presidential primary candidates. Student loans are extremely important because of one huge reason, the ability to repossess knowledge. When someone defaults on their car loan there is a physical asset you can get back. For example, if the car is worth $30,000 and you repossess it to sell it for $20,000. There is $20,000 worth of the loan debt the lender can get back. If a student defaults on their debt there is nothing they…