Everyone should have the privilege to attend college no matter if you are living in poverty or rich. There are many benefits in having a college graduate because they will work hard and promote the economy’s growth.
Many students face harsh reality that the cost of education would be an arm or leg. The cost of education is outrageous along with buying the materials for the class. There should be more programs to help students in financial crisis when they are attending college as well as flexibility. While many degrees such as a medical degree will pay the debt themselves, others such as history teachers will have a difficult time paying off the debt as well as finding the job because there is not a lot of available jobs for that position.
As it is, there is about $1 trillion in college debt in America. A Philadelphia Enquirer article warns that, “The average debt owed per person is $25,000 -- the highest level of student debt in the nation's history,” and that the number is increased by tens of thousands of dollars for those who go on to get higher degrees. $25,000 is a lot but the reality is that a lot of people have even more than that. For example, what if someone goes to an expensive private college and their tuition is anywhere between 30 and 70 thousand per year. In total they could be paying between 120 and 240 thousand dollars per year. The majority of the country is most likely unable to easily pay for that and could end up with extensive amounts of debt just because they went to the college that they wanted to. Student’s education shouldn’t be compromised just because the school they want to go to has a high tuition. Alarmingly, “Study after study has shown the number one barrier to attending college is the published rate of tuition.”(Lowe) The amount of student debt as a result of a school’s high tuition should decide where people should go to school. If tuition is decreased then simultaneously, student debt would be as well.
An education is one of the most important tools a person can acquire. It gives them the skills and abilities to obtain a job, earn a wage, and then use that wage to better their lives and the lives of their loved ones. However, due to the seemingly exponential increase in the costs of obtaining a college degree, students are either being driven away entirely from earning a degree or taking out student loans which cripple their financial prospects well after graduation. Without question, the increasing national student loan debt is one of the most pressing economic issues the United States is dealing with, as students who are debt ridden are not able to consume and invest in the economy. Therefore, many politicians and students are calling
College is an expensive place for teenagers our age to go, and for just now being an adult they have a lot of responsibility. As a result of this the average class of 2016 graduate has $37,172, in student loan debt, up six percent from last year. I feel like this is too much and that most students need money to pay for books and food and everything else. It is unfair how they need to do such things and do not get money to help them out while doing so.
People, who are able to attend and graduate college, have a greater probability of getting jobs with high salaries. College should be more accessible to more people because graduating college has proven beneficial to the economy, seeing that it helps raise the student’s standard of living by giving them a higher chance of getting jobs that pay better salaries, which in turn provides more tax revenue.
There are enough people in debt today who have big dreams and goals and are trying to work hard to achieve them, with such a simple thing as money standing in their way. It can be as easy as a five minute break during one class period in a 180 day school year to inform students about how to rescue their futures from the impending doom they may face. Education is important, no matter what it pertains to, and
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.
Tuition and student debt at colleges and universities in America have been rising far more quickly than inflation for over four decades. This is a trend that will continue without intervention. Student debt drastically affects students’ lives and decisions from getting married, to buying home, or to starting a business. The amount of debt held by students after graduating not only negatively affects the individual, but the economy as well. Loads of economic activity is currently halted by students working to pay off their loans. This is a consequential problem and the increasing number of student debt in America must be addressed.
Students High in Debts Crisis "The only good thing about student loans is that the day I die my children will not have to pay for them” (Block). The problem with everyone not being able to go to college is the cost of it. Many High school graduates don’t even think about going to college because of how crazy expensive it is. Many students drop outs later on due to not being able to keep paying and the ones who do graduates struggle in paying off their student loans for years.
I have seen and met many people who work so hard to pay for college. Some people I have met have disregarded the idea of college, simply because they know that they will never afford it. Everyone deserves a chance to go to
Problem With Student Loan Debt Student loan debt is a problem many students have when entering or applying for colleges, student loan debt affects students even after they are out of college and effect them for many years. Many students who experience loan debt also have higher rate of depression rates and also has a higher rate for suicide. As year have gone by student loans has increased by almost a whopping 20% and is expected to grow even more as time goes by. The problem affects so many people most are college students trying to get a education to be able to make money as a job setting and get some experience on how to do the job properly. This affects students a lot in the short term of things including the students being in debt for about 5 years after the graduate, some are affected long term, because they were not able to find the proper job that
Of all of the hardships facing college students in this day and age, debt one of the greatest. There is a trillion-dollar debt that United States' students are drowning in, and it has become not only a burden on the shoulders of those who have the debt, but in fact, every taxpayer in this country suffers because of this debt. We, as a county, have created the concept of "free money," specifically when talking about loans, credit cards, etc. Without immediate consequences, it is not an immediate threat to those who obtain it. This "free money" can be directly attributed to inflation and a rise in the price of a collegiate education. My parents, who graduated from college in 2001, are still agonized with paying off their collegiate debt. I do
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,
Education is one of the main social institutions in today’s society. That is why it is so difficult for me to understand why it is becoming so unaffordable in the past few years. When did wanting to further education become such a burden for graduated students? There are 41 million Americans that have over $1.2 trillion dollars in student loan debt. According to the Project on Student Loan Debt, the average graduate with a bachelor’s degree pays about $350 a month on student loans for around 19 years. I cannot stress enough in how paying for college or paying off loans has become such a challenge for students who are not provided with financial aid or enough financial aid to pay for all their necessary classes. There is also the challenge in
College debt is hurting the life after college of students. Students who have graduated from college with a debt are experiencing a rough life. For example, debts can lead to students not being able to buy their own home or provide a sustainable life for their family. According to Washington statistics “2015 graduates with student loan debt: 57% Average debt: $24,600” (USA Today). If people were not in debt, they would be able to pursue the life they want, and be able to use their talents. Today, many students would not able to provide their talents to the public because they would be doing a job they did not want to pursue for financial reasons.. Without student debt we would have a better country, less people would be on welfare, due to
Going to college can help with future earning and how well someone can support themselves or themselves and their family. Going to college can help with earning because the more education someone has, the higher the chance of getting a good and well paying job and the amount of earning can help with financially supporting a family. Getting a job for someone with a less than average education can be hard because of paying bills and supporting themselves by living paycheck to paycheck lifestyle. According to the BLS data chart, someone with less qualification than a high school diploma has the median weekly earnings of $472, as compared to a person with a doctorate or doctoral degree, who would have the median weekly earning of $1,623 (“Education