Graduation Speech : High School

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“Congratulations! You have been accepted to Bentley University for fall of 2015!” Words could not express how ecstatic this message made me. As soon as the acceptance email popped up on my phone, I screamed, dropped my backpack, and sprinted over to my track and field teammates to celebrate this triumphant occasion. After years of challenging AP courses, eleven seasons of tiring school sports, and countless extracurricular clubs, I finally felt like all of my hard work had paid off. At that moment, the only thought in my head was “I’m going to Bentley!” My dream — an aspiration I’ve had since my freshman year of high school — was becoming a reality. Soon enough, I was forced to put things into perspective. The annual cost to attend…show more content…
Altogether, they possess a total of $1.2 trillion in federal student loans (Ratcliffe, 2015). According to the Congressional Budget Office, “If the United States Federal Government was a private company, it would be the most profitable company in the world” with annual profits of at least $50 billion (McCarthy, 2014). As millions of students and graduates struggle to pay the their loans, the government quietly sits back and rakes in billions of dollars each year. As college tuitions across the nation increase at an average rate of 3.4% each year (College Board), fewer and fewer Americans can afford higher-education. High school graduates are encouraged to attend college to further their education and obtain a high-paying job to provide a comfortable lifestyle for themselves and their future families. But how can these students lead successful lives if they’re crippled financially and mentally in student debt? Student debt leads the way for extreme financial problems for college students and graduates. 70% of fresh college graduates leave college with student loans averaging $33,000 per student (Barr, 2015). That giant lump of debt lingers around college graduates like a pesky mosquito and does not fade away very fast; considering the average college graduate earns a starting salary of $45,478 per year (Poppick, 2015). The act of having to allocate generous amounts of someone’s paycheck to student loans makes noticeable impacts in

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