Essay On Why I Want To Go To College

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

Noted authors, Brandon Chambers, is quoted saying, “If you are going to fear anything fear success. Think about what you are doing and when you succeed what life you will have.” There are several different reasons why I could stay home, work and not go to college; I could go to work every day and make more money for the house, it’s easier, and I would be less stressed. Now, on the other hand there are many reasons why I should go to school; such as further my education, make my family proud, and make myself proud. I am attending college for several different reasons. One reason is to further my education. I hate feeling like I don’t know something, I like being the person everyone comes to for information. Also, because I want to

With the ever-increasing tuition and ever-tighten federal student aid, the number of students relying on student loan to fund a college education hits a historical peak. According to a survey conducted by an independent and nonprofit organization, two-thirds of college seniors graduated with loans in 2010, and each of them carried an average of $25,250 in debt. (Reed et. al., par. 2). My research question will focus on the profound effect of education debt on American college graduates’ lives, and my thesis statement will concentrate on the view that the education policymakers should improve financial aid programs and minimize the risks and adverse consequences of student loan borrowing.

For some students, a college degree is the key to success but for others the completion of formal education also introduces a huge burden. Many students desire higher education but increasing enrollment rates have driven up the cost of college tuition and fees; therefore, forcing some students to offset the cost with student loans whereas the loans are often accompanied by debt (“A College” 6). Student loans generate an average debt of twenty thousand dollars per student inevitably student loans are necessary for two thirds of all students. (Collinge 76). Per data from the College Board, the repayment of student loans becomes a challenge for some borrowers, especially students who do not complete the program and those students who sought a less than marketable degree (“A College” 8). The American Council on Education suggests, one fifth of undergraduates with personal loans overlook the possibility of being eligible for a federal student loan; consequently, private loans

Student loans are becoming more and more of a problem for college students all across the United States. As college tuition has significantly increased over the past years, it has become extremely common for most college students to finance their education through student loans. Tuition has become so expensive that it is almost unheard of for a student to pay for their tuition out of pocket or by working for their education part time. As the result of tuition being so high, many students often graduate from college with thousands of dollars in debt waiting to be paid off. More often than not, people do not think of the consequences of taking out so many student loans, they usually have some reasoning behind why they take out as many student loans as they do and in return do not think about the after-effects and consequences of borrowing that much money. Most people do not worry about their loans because they expect to make a decent salary after graduating and believe that they will be able to pay back all of the loans later on in life. Due to the extreme cost of college and students obligation to take out student loans, college campuses should require students to become aware of the dangers of pulling more student loans than necessary.

As Young teenagers become adults and start College, one issue that doesn’t seem as a big deal at the moment for many students are student loans. Young college students who don’t have the money, don’t have enough scholarship money, or family who doesn’t have the money to pay, will apply for student loans each year. They amount the student receives can vary depending on the college and what the student has achieved academically. Though interest rates are low with subsidized being 4.29% and unsubsidized being 5.84% ("Federal Student Aid" Interest rates and Fees), student loans still have a huge effect on college students once they graduate. One college graduate’s story helps explain the struggles for most students:

Post-secondary education comes at a very high price. The excitement of graduating college to land the six-figure job is soon destroyed when you realize how much debt you are in. Dreams of owning a house and starting a family is shattered by the money borrowed to provide and guarantee students a better future. Instead of waiting to land that perfect job, students are forced to work multiple jobs to help ends meet. Struggling to stay afloat, millions of students are becoming victims of one of the major economic crisis in the United States; Student debt.

There might be a time where people ask you, “why are you in college” or “why to decide to go to college.” People might reply by saying that they want a degree, that they want a higher paying job, or they need that for a future career that they are pursuing. Those responses are the most typical reason of why people go to college. Sure you can say that having a degree means that a person can get a better job with better pay rather than working in the manual labor fields with minimum pay. A college degree is the fundamental stepping stone to the future, it lays the foundation of where to start. College is everything to me; I’m in college so I’m able to unlock more potential in myself, to be able to make my mother proud with everything that she has done and hopefully becoming the first.

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.

Higher education comes at an extremely high price. The excitement of graduating college to land the six-figure job is soon destroyed when students realize how much debt they’ve obtained. Dreams of owning a house and starting a family are shattered by the money borrowed to provide and guarantee students an excellent future. Instead of waiting to land the ideal job, students work multiple jobs to help ends meet. Struggling to stay afloat, millions of students become victims of one of the major economic crisis in the United States today; Student debt.

The growing cost of college tuition is a major problem in today’s world. It is causing students to have to take out student loans to pay for it. The problem with student loans is that they have a high interest rate, can take years to pay off, and are a deterrent for going to college.

With the heavy push to secure a college degree combined with the rapidly-increasing cost of college, families are facing one of the toughest decisions of their lives: How to pay for college without being buried in student loan debt. As a college student, there’s no doubt you may end up with student debt. Almost all college students will receive some form of student loan during their college career. This year’s college graduates are leaving school with an average of $37,172 in student loans – up from $35,000 last year. Many students and families are searching for solutions to avoid becoming part of the crisis.

What do you think of when you hear the words college graduate? Well, in most scenarios, these words would be exciting to someone that just graduated college who have put in years of hard work and dedication to better educate and promote themselves for their future careers. Sadly enough, this is too far common not the case. In today’s society, students are graduating college with piles of debt at an alarming rate. With a troubled economy that is recovering from a recession and jobs difficult to come by for a lot of graduates with bachelor’s degrees, the student loan debt in the United States is bound to be a major crisis that could severely weaken and crimp the economy even more in the coming years.

Usually after six months of one’s graduation, students are required to repay federal and private loans with interest. Conversely, college tuition has greatly increased throughout recent decades. Written in the article “Student Loans,” “A report by the National Center for Public Policy and Higher Education notes that overall, college tuition and fees in the United States rose 439 percent between 1982 and 2007. This means graduates often find themselves saddled with enormous student loan debt they may not be able to repay.” Amongst younger generations, Student loan debts has only gotten worse over the past years. The only options available for students pursuing a higher education are to get a part-time job and pay for their education out of pocket. Yet even when financial aid is added, education debt is still a burden amongst many students and young graduates. In the following article “Student Loans” the author reported “In 2011, the average graduate contended with $24,000 in student loan debt. Youth unemployment hovered near 18 percent, and of the college graduates who did find employment, many found themselves ‘underemployed’.” This further examines, the excessive amount of

Imagine dreaming of going to college your whole life. You’ve wanted to be a doctor your entire life and nothing could stop you from achieving that dream except…. financial problems. You apply for student loans and receive them. You are extremely excited about college and the money you have been given until it comes time to pay it back. It is a financial train wreck and you are struggling paycheck to paycheck just so you can have the job you always wanted. But, now that you have that job you are stuck paying back loans and sitting on a pile of debt. Student loan debt is a major problem that is increasing as you read this. The average student loan debt for a 2016 college graduate is 37,172 dollars. The United States alone has over 1.26 trillion