Advantages Of College Expenses Injustice On Students

Matt Taibbi argues in his Rolling Stone article titled “Ripping Off America: The College-Loan Scandal” that the government is the primary source to blame for today’s appalling inflation rates on increasing student debt. Additionally, he argues that the reason the tuition is so exploitative and unfair, is because it was created to benefit two groups. The first being, “…colleges and universities, and the contractors who build their extravagant athletic complexes, hotel-like dormitories and God knows what other campus embellishments” (Taibbi). Next up, the other group that gains from the current system is the government. This is because, “…the government actually stands to make an enormous profit on the president 's new federal student-loan system, an estimated $184 billion over 10 years” (Taibbi). Further, Taibbi goes onto to state that students often have no idea what they are signing up for with student loans, because not all students have access to the same information. Finally, Taibbi mentioned that “because of the poor job market, young people may have less of a chance than ever to actually get a good job commensurate with their education” (Taibbi). This means that with no degree, students have no chance, but with a degree you are forced down a road of high risk, and at the end you are likely to be left with a ton of debt.

American students owe a total of 1.3 trillion dollars in student loans, and about 44.2 million students are in debt. Colleges all over the United States require a tuition for students to attend, which is detrimental to families with low incomes. As a result, students from low income families opt to not attend college. A solution for this problem would be to institute tuition free colleges. Advocates for free colleges state that it would enable students to achieve their dreams, regardless of their monetary situation. Proponents against free colleges say that the public would have to be taxed too much to cover the expenses. College should be free because it would help the country economically, allow students to be more focussed, and it would let students to pursue any career that they would like.

Before we can go any further, we need to first define what exactly a student loan is, and what student loans can entail. A student loan is defined as “A type of loan designed to help students pay for post-secondary education and the associated fees”. Student loans are marvelous and a supportive tool for college students, but people don't realize that everything they borrow needs to be paid back with interest. Five years ago in 2012 “71%” of students graduating four-year colleges had student loans and the average indebtedness of a college graduate was “$29,400”. If you compare that to 1993 the average indebtedness of a college graduate was “$9,450” (Average Student Loan Debt, 1993-2012). In only 19 years there was a $19,950 dollar difference in the averages. Those numbers do not include the interest that the student will have to pay back over time. All of those factors are just a small part of what makes up student debt but it is good to have a general

In order to be successful in the workforce, having a powerful career there are things needed like higher education. Graduating from college is essential to finding a successful job, since more jobs are making college degree a requirement, more people are going to college. The problem is the cost of going to college outweighs the earning from the career you obtain. Very little people are able to pay for college out of pocket. In 2014, 42% of undergraduates paid for college out of pocket (Sallie Mae). The result of this is that students seeking higher education are forced to take out loans. On average, college students borrows $25,000 to earn their degrees (Alexandria). I just don 't get the concept of college tuition or student loans. It

In 1976, the average cost to attend a four year public university was $2,175; today, the average cost to attend a four year public university is $25,000 (Snyder). This means it is 1150% more expensive to go to college in The United States today than it was 30 years ago. This obviously would create a problem on how we as people are going to pay for our higher education. Today college has become almost a necessity to have a satisfactory life, and with these rising prices some individuals believe student loans are the only option. There are many reasons as to why the prices have risen, but the one undeniable fact is that this has created a problem within our country. Which, is known as the student debt crisis, and it has been on the rise the past couple years. This problem is affecting people all around the United States, and is causing multitude of problems for them all because they wanted to pursue higher education. Wanting to better your opportunities by bettering yourself is not something that needs to be punished, and sadly that is what is happening. This problem is something that needs to be fixed for the sake of Americans and our economy, but will also take time and a multitude of steps to correct.

Often times people hear many negative things about student loans but there are a few positive things about them. A student loan allows someone to attend college and further their education which gives them benefits that they will be able to use later in life. The main benefit and reason individuals go to college is to reach the goal of a higher education, greater employment opportunities and solid earnings and student loans make that possible (Venable 2). It could also be a positive thing depending on the amount a person borrows and terms they agree to pay it back. Having student loans that are possible to make regular payments on is an opportunity to increase a person’s credit score allowing better financial opportunities, for example, being able to acquire a car loan, business loan, or mortgage (Venable 2). Debt that is manageable is good debt and as long as the

Many people in our world, are wanting to go to Post Secondary to achieve their dream job, but they can't. The ridiculous amounts of money the goverenment, colleges and universities want people to pay is forcing people to get a job that they might not be interested in. The average tuition is between thirty and forty thousand dollars. This unbelievable amount of money that we should not have to pay for when trying to achieve are goals. This insane amount of money needs to be dropped in order for our world to be a successful.

The cost of college is becoming outrageous because they are rising tuition, trying to make their campus more appealing to the students that attend as well as incoming students, and government loans have astronomical interest rates. Students are having to come up with all of the money themselves. It is hurting the students after they graduate because they are in so much debt before they even start their career. Some students wonder if going to college is worth it or if finishing high school would be enough for them. The amount of debt students are accumulating by going to college makes others wonder if they want to start a career already thousands of dollars in debt. Going to college may seem like a no brainer for some, but others struggle with the thought of “being in the red” right out of college and trying to find a high paying job that will help them pay back their loans and borrowed money, especially in the economy now.

The Federal government shamefully profit from the student-loan program turning a $41.3 billion profit. I question as Trump, why should government make money investing in America's future? This certainly does not depict an interest instead it broadens the gap between inequality. Furthermore; what guarantee does the graduate have in the American Dream as blue and white-collar jobs depart abroad. Graduates question if they can get a job and how can the school loan be paid? This becomes complicated when they haven't yet started working, and already mortgage their future. The unresolved problem is that the cost of higher education is skyrocketing, making it so far out of reach that many potential students can't afford it or have to take huge loans

In America over the past decade, college tuition prices have gone through the roof. Many Americans today suffer with incredibly high debt, or they fear that they will not be able to pay off their debt, resulting in fewer people wanting to continue their education. Without citizens getting a higher education, America would be uneducated, which would result in America becoming neurologically nullified. Sarah Amandalore (2014), writer for the Los Angeles Times states in her article “The student loan crisis: How middle-class kids get hammered”, ‘The Delta Cost Project’ at American Institutes for Research examined rising college costs and concluded that, in recent years, a combination of state funding cuts, overspending by research universities and decreased donations have led to tuition spikes at both public and private schools” (pg. 1). When lower-income families are faced with these problems, it makes getting a higher education hard to reach. With a higher education, more life and job opportunities become available. By the government putting a limit on the amount colleges could raise their tuition, more people may opt to get a higher education. The fear of being in debt makes the idea of a higher education less valuable to many people. The government should restrict the tuition amount charged

To begin with, student loans have provided many people with the opportunity to attend college and increase their employment opportunity after graduating. According to the student loan debt statistics there are more than forty-four million, or roughly seventy percent, of college students that currently have a student loan (Cloud, 2017). Without student loans, these students would have to forego any plans of seeking higher education until they were able to save enough money to pay for it themselves. Given a population of just above three hundred and twenty-five million people, over ten percent of Americans currently utilize student loans in pursuit of higher education (United States Census Bureau, 2017). Moreover, more than one-third of the United States’ working adults have obtained a bachelor’s degree or higher (Wilson, 2017). Not only would these students potentially not be able to attend college, but they would also face difficulties in being employed. Unemployment is one contributing statistic to determining whether the economy is thriving or struggling. According to Asoni and Sanandaji (2015), “college

I have a job, but I am not making any money! College loans take a while to be paid off, but they are a debt to be paid, College tuition can affect you terribly financially wise. The cost of food at college is just too much! Colleges should find other means of financial gains, other than putting the debt on students.

The United States federal system hands out loans left and right to college students. The problem with this is they loan out so much money that sometimes students cannot pay the money back, now they just lost thousands of dollars. Some students that go to college and major in something that clearly doesn’t have many jobs out, isn’t going to be able to pay back their loans. Federal Systems shouldn’t lend out money like this.

Education and school, these both word always has been the main priorities for all of us. Pursuing the American dream of graduating college can be the best feel ever but it can also cost a price. College tuition is increasing more and more every year due to the fact of the rising economy. With student want to be successful in life they will need an education to a degree, which will land you a decent job in life. The problem is when the cost of gaining that degree outweighs the financial advantage to the career. Many of people are not able to pay for college out of their pocket. The result of this is that students seeking higher education are forced to take out an enormous amount of student loans. College tuition is on the rise, and a lot of students have difficulty paying for their tuitions. To pay for their tuitions, most students have to take out loans and at the end of four years, those students end up in debt. Student loan debts are at an all-time high with so many people graduating from college and having difficulties finding jobs in their career fields. So they have difficulties paying off their student loans and, they also don’t have a full understanding of the term of the loans and their options if they are unable to repay.This means that they are entering the workforce after college already thousands of dollars in debt and under water. I believe that students who borrow money from our government should not pay for their student loans.

Most students who seek higher education cannot afford it on their own. Many of them don’t have wealthy families and scholarships don’t pay for as much as they used to so they have to work A LOT or take out a student loan of some type. More times than not, students will end up seeking