A Lifetime of Student Debt? Not Likely by Robin Wilson

1986 Words Apr 6th, 2013 8 Pages
Nicole Minabe
Professor Parker
RWS 280
March 10, 2013
The Beauty of Student Loans I owe $40,000, I owe $60,000, I owe $100,000. Isn’t that a lot of money for one person to owe? Graduates have been faced with a serious problem brought about by the constant borrowing of money to gain a reputable education. The debt of loans varies from person to person but the extreme amounts that individuals owe is something the media finds worth gossiping about. Little does the public know, in reality, all the commotion and conversation about these debts are not accountable for the majority of college borrowers. According to A Lifetime of Student Debt? Not Likely by Robin Wilson, she intrigues her targeted college audience by giving examples and providing
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In Wilson’s example she believes that there should be no reason for “over borrowing” and the total cost of an education consisting of books, classes, and living expenses cost around the weighted average. Due to the biggest setback of students who are determined to go to the college of their dreams tends to put a hole in their wallet. In other words, Mark Kantrowitz, publisher of FinAid states, “students want to be able to pay for the school they have wanted to go to for as long as they can remember, and they are willing to do whatever it takes” (258). These college students unnecessarily pull out large sums of money, which consequentially result in an outrageous amount students realize they can’t afford to pay back. Furthermore, a second situation that causes large debts is going to graduate and professional schools. Those schooling debts are way more expensive than the typical undergraduate debt. As Wilson argues, “medical school graduates borrowed on average of $113,661. But this higher debt makes sense for people who earn degrees in law, business, and medicine because they are much more capable of landing high-paying jobs and paying off larger loans” (259). These situations are the exceptions to the average student loans, which get confused on a daily basis. Wilson isn’t trying to discourage students from going to graduate school, but she is informing individuals about the end results. She

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