College Students In Debt Analysis

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.

We have made K-12 education free because it is good for the individual and for society. The same is true for higher education. Proponents of free college education believe that it

College has become a norm in today’s society so much so, that the average costs of higher education are not really discussed. A public two-year in-district college was $3,520 for a full-time undergraduate student in 2016-2017 (Baum 68). Baum also declares that a public four-year in-state undergraduate tuition was $9,650; a public four-year out-of-state college cost $24,930; a private nonprofit four-year college costs $33,480; and a for-profit college cost $16,000 for that same school year. (68). Across the nation, figures will vary because of the obvious geographical region differences, but also because of price discrimination. Price discrimination allows institutions to discount their prices for a lot of students (Baum 79). Institutions do this based on individual student circumstances, and it segments the market. Institutions

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

Financial support has played an important role for college students, especially for university students, whose family could not support their education after they have graduated from high school. Due to this situation, students have to go through a lot of problems with their tuition fees to be able to continue with their education. They always need a large amount of money besides paying for the tuition but also for living, and students have to go through a lot of problems with their tuition fees in order to be able to finish their career on time and earn a better living in the future. Some students will choose to go to work part time while at school, so they can pay for their fees and their own expense, such as gas, foods, and clothing. On the other hand, most of students will choose to take out loans from somewhere else, such as the bank or federal loans. This way, students who choose to take out a loan could focus on their education without worrying about how to pay for their fees. It is very important for students to acknowledges and be aware of the different types of student loans, and all the requirements before students decide to obtain a loan. Because of the raise in tuition leads to the existence of the student loan debt is a burden that is a financial impact on lifestyle changes, such as postpone couples to get married, to have children, to buy a house and to save for retirement.

College education is considered one of the most important factors for the nation’s economic growth, therefore free college education is a necessity.

Many people believe college should be free, but there are still people that believe that it needs to be paid for. Free college has worked in many other countries, and in public colleges in Minnesota, Oregon, and Tennessee. More people

The hot topic amongst people entering college is student loan debt. With the average debt at tens of thousands of dollars, many people shy away from college, or at least do not get a full degree. As a result, many politicians have preached plans to make college free, and thus bring an end to student loan debt. However, those on the other end of the spectrum find themselves hindered in jumping aboard the free college mania, because, after all, nothing is free, everything comes at a price. And as they soon learned, what a price indeed. In fact, in order for the universities to pay staff and accommodate the student body without tuition being on the shoulders of the students, state taxes would have to be increased on the entire taxpaying population.

To let in some light about the topic; Average debt in the US is at very high rates. “Studies show that there is no better short-term or long-term investment for the rest of society than higher education” (Page). College is expensive, let's make it more affordable. “This topic Deserves an open mind and a balanced exploration of the potential benefits, drawbacks, and alternatives” (“Should”). No matter the topic there is drawbacks. With free tuition there are not many to talk about. “As of the 2013-2014 school year, the countries with tuition-free public higher education included: Denmark, Estonia, Finland, Norway, The Slovak Republic, Slovenia, Turkey and Germany. Free college, in Europe especially has proven to be a popular idea” (“Should”). Other major countries are successfully improving with free college tuition. US students want to add America to that list.

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

Free college is a commonly accepted idea, as a crucial part of society's advancement. Education is the foundation for building a strong country, as knowledge is what allows for productivity in all areas of life. However, the cost and accessibility to standard higher education limits many people's availability to a quality schooling. Some may argue that public colleges should continue to charge tuition, as the federal government can not afford the cost nor will creating higher taxes to enable the program solve the crisis. However, ultimately, higher education should be free as it would stimulate economic growth, remove the primary deterrent for not attending college and decrease dependence on government aid.

Financial support has played an important role for college students, especially for university students, whose family could not support their education after they have graduated from high school. Due to this situation, students have to go through a lot of problems with their tuition fees to be able to continue with their education. They always need a large amount of money besides paying for the tuition but also for living, and students have to go through a lot of problems with their tuition fees in order to be able to finish their career on time and earn a better living in the future. Some students will choose to go to work part time while at school, so they can pay for their fees and their own expense, such as gas, foods, and clothing. On the other hand, most of students will choose to take out loans from somewhere else, such as the bank or federal loans. This way, students who choose to take out a loan could focus on their education without worrying about how to pay for their fees. It is very important for students to acknowledges and be aware of the different types of student loans, and all the requirements before students decide to obtain a loan. Because of the raise in tuition leads to the existence of the student loan debt is a burden that is a financial impact on lifestyle changes, such as postpone couples to get married, to have children, to buy a house and to save for retirement.

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.

In the United States of America, college education should be universal and free for all students. According to the department of education, the statics show that at least 60,000 graduate college students will be in debt after coming out of college, and if these college graduates attended an Ivy League their debt will increase even more up to an upward of $100,000 in more debt even before these students get their first job.

Going to school and trying to afford it can be a financially draining experience, and I know that from experience. Our government has made many relevant changes thus far to better support students, but much more can still be done. With rising tuition costs and not enough government aid, more and more students are forced to take out loans in order to pay for continuing education. These loans later become a huge financial burden, some totaling near $30,000. If the dream of a college education is dependent upon access and affordability, how are young people supposed to continue their education and plan a future, when the cost of tuition is through the roof? Because higher education supports our economy, the government should be expected