Argumentative Essay On Student Debt

In the year 2007, 18.2 million students enrolled into college. About thirty-nine percent of those students were between the ages of eighteen to twenty-four (Marcus). College is seen as something one must do to be able to have a successful life or career. Student debt is almost guaranteed for anyone that goes into college. Seventy percent of bachelor's degree recipients graduate with student debt. Student loans in just the U.S. alone are up to 1.2 trillion dollars, this is the second highest level of consumer debt, just trailing behind mortgages (Snyder). Student debt has been an issue for anyone thinking about going into, that is attending, and graduating or leaving college. How to solve this issue is very simple, which is to save money, lower

Paying Down Your Student Loan Debt Tens of millions of Americans owe upwards of a combined $1 trillion in student loan debt. Black families are disproportionately trapped in the student debt mire. Black Enterprise reports that upwards of 40 percent of black families struggle with student loans. Not only do more black families have student loan debt, but they have more of it.

Three different articles discuss student debt in different ways. The articles Burke and Huffington Post focus on the problems of student debt whereas Greenblatt focuses on the solutions to student debt.

Without student loans, a great deal of students would not have the opportunity to obtain a higher educational degree. Student loans give the possibility to low-income families to be admitted into college without the doubt of not being able to pay. Lastly, some argue that “the upside of student debt is that … it may be possible to earn significantly more or to pursue a more personally fulfilling career, making the debt financially or emotionally worthwhile”(Fontinelle). This argument comes from if one wants to enjoy their job, they need to get the correct amount of education in their field of desire, no matter the debt. Conclusively, there are plenty of upsides to loan debt, but in all, the increased debt of student loans should be subsidized to lessen this

The problem that I am addressing is the problem of student loan debt. Student loan debt and the attempted prevention of it is one of the biggest problems in the country today. Although nationwide, it affects each and every college student directly. Personally, it affects the options available to me as to where I am able to attend college. My decision will not be based upon where I want to go or where my grades are good enough to get into, but rather which school will leave me in the least amount of debt.

In commonality to American society has been our ongoing debt crisis regarding college loans. Increasingly, achieving higher education has resulted in students to take a substantial amount of loans in order to attend a 4-year university. The United States has acquired debt crisis in recent years due to the massive $1.4 Trillion dollars acquired in student loans. Nations such as Sweden and Australia have similar lines as the United States; these countries have fixed their student loan issues by basing the payments on your earnings and allow halts in payments if earnings drop. These adaptations have allowed these countries to avoid having a crisis. Compared to the American model, which lacks functionality and efficiency, the U.S. expects full repayments in an unrealistic short amount of time. “The lengths of debt payments should align with life assets,” (Dynarski 1). Does this have the

Student loan has been skyrocketing since 2006, and it keeps increasing each year. To make

I think college student loan debt raises serious concerns for students and makes them worried about their future. College student loan debt in USA is at an all-time high and it has increased over time. The number of students requiring financial aid and student loans has increased as well. Majority of college students get loans to pay for their higher education, and the demand is increasing because college tuition cost is increasing. Most of the U.S. college four-year undergraduate students graduate with some level of debt. Most of those students may not know the problem they will face after graduation to pay back college loan. Some students may know that they will be in deep debt by the time they graduate,

person or the government). A more narrow aspect of debt is student debt, which is the debt that a

Student debt has passed over a trillion dollars around the U.S. When students finally graduate from high school they are excited to apply for tuition to attend college. There has been many concerns of students complaining about how college is so expensive. Some students may have the money to pay for college or even a private university. But, the people who are in the middle class don’t find it easy to pay. There is many solutions to the student debt around the U.S. Students can apply for scholarships, complete FAFSA, or they should understand college cost.

Student debt is slowing the growth of the U.S economy because it makes graduates not able to spend on goods and progress their lives. The obvious problem, supported with statistics, show that the increasing of tuition costs and student debt balances to be harming to the growth of America’s economy and its people. How? Statistics show that Americans owe more than $1.45 trillion dollars in student debt, shared amongst 44 million people. You would think by knowing this fact students will reconsider attending a four-year college, yet it doesn’t affect enrollment at all. What’s more concerning is college graduates leaving school with an average of $34,000 of student debt, according to Federal Reserve’s Bank of New York, effecting young Americans in many ways leaving them stuck in excelling at life.

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.

65.7% of college students have to get student loans to pay for college, and the average student loan debt is $19,237 for a graduating senior in the United States according to the National Post Secondary Student Aid Study. This is no surprise considering that the rate of tuition increases 7% per year, and in some of the more prestigious colleges, students will have to pay well into six figures just to get their education. Even in-state rates for South Dakota, which is comparatively very cheap to practically everything else, students are still paying $40,000 for their education when one factors in dorm living and a meal plan. Most students will need to borrow some money on a student loan to get through school, but how does one know if they're

Got Debt? Then you are not alone. You are sailing in the same boat with many others working harder and harder to clear off the debts. This could be your car loan, Home loan or education loan too.

I feel as though where Johnson was trying to go with this is that there are so many people in debt, but we lock them all up. Yes debt is not good, but everyone has struggles. Some people just need a little help. Helping someone in serious debt may save their lives.