Student loan

the past few decades, a college education has become more accessible 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,…

am speaking, of course, about the additional student loan money that was taken out under my name — $3,240 worth ($4,439.48 when I graduated, due to the 7.9% interest). In addition, the entirety of my Cousins Subs money was taken (except for $1,700 for Katarina’s ring), the $2000 Grandma and Grandpa gave me for school, and the $200 I received from one of my birthday's. While I am willing to overlook the latter three, I will not ignore the student loan money. Your two previous emails were…

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…

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,…

Understanding student loans and how to break down the barriers of education? The purpose of pursuing a higher education in order to maximize the chances are not easily accessible to all. Continuing education helps to break down traditional barriers. The purpose of pursuing a higher education in order to maximize the chances are not easily accessible to all. Continuing education helps to break down traditional barriers and help build a successful career. But education is the relatively high…

Major Life Decisions Student loan debt, like all forms of debt, can influence various decisions such as starting a family, buying a house, and retiring. Since children are one of the largest expenses one can have, many people wait to start a family until they are financially stable. This is one of the reasons why the average age of first time mothers has increased from 21.4 years in 1970 to 25.6 years in 2011, according to the National Vital Statistics Report released by the Centers for Disease…

In the essay “Student Loans: Should some indebtedness be forgiven” by Robert Applebaum, the author argues that, like the essays name indicates, because the financial burden that student loans have become, after some reasonable repayment period, legislation should forgive excessive student loans. Applebaum points out that education should be a right and not a commodity. He points out that Americans are overpaying for their education and that there is no connection between the salary expected to…

why are so many Americans in debt over it? In 2011, the student loan debt in America hit $1 trillion, and continues to rise by $3,000 every minute (Lancial). Many people believe that they can afford college. Students become entranced by the false words of colleges and ignore what is right in front of them. The most indebted individuals are the graduating class of 2014; 70% of the new undergrad degree holders carry an average…

taking out loans I feel like students should research. They need to talk to people who have taken out student loans and how it effect their lives. They need to know about interest rates and how monthly payments work. That is where most students really mess up because they do not know about interest rates. Hebert a researcher stated, “Young Americans would borrow any amount to pay for college if it meant going immediately after high school” (Akasine). Loan agencies make it easy for students just…

their college tuitions giving students no choice but to pay up for a “brighter” future. This continuous trend has buried newly grads with an uncontrollable debt. Although forgiving student loans provide troubled graduates the ability to get back on their feet, the forgiveness of student loans do not provide a cumulative benefit for the entire nation economically, therefore the student loans should not be forgiven. First of all, Justin Wolfer’s “Forgive Student Loans? Worst Idea Ever” Wolfer…