Paying for college may be a difficult process for many. There’s numerous things to worry about such as paying too much money, a large amount of debt and also those who aren’t financially stable worry about the lack of money they have to pay for college. This essay will illustrate how students can fund their college education by scholarships, private student loans, and a part time job. Scholarships is one of the most helpful ways to get into college it also allows students to save money. “The money you receive will go directly towards the cost of college and you do not have to pay it back, which reduces the amount you take out in student loans and pay out of pocket’’. College is already stressful enough having to worry about how college is going to be paid is even more stressful. The fact that the amount of pressure can be reduced is absolutely astonishing. Scholarships also allows students to have more money saved for student loans. Applying for scholarships is an easy process there are websites such as StudentScholarshipSearch.com and also scholarshippoints.com. “Scholarshippoints.com is one of the only free rewards programs online that gives away over 100,000 dollars to students and prospective students each year’. …show more content…
This is a great help for those who may not be able to afford money to pay for the classes in college. Private student loans allows those students to be able to pay for the classes using that money. When graduation time comes students will be able to have up to $500 to repay that money. It also help students get the education they want and need without having to worry about the cost. Because private student loans already has it covered. Although private student loans are offered in some schools it doesn’t take away the fact that it is extremely
lot of dollars for an unemployed family man or woman with little or no income.
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
Explicit: My objective is to write a paper to discuss why the price of college is worth the the degree and education you get in return.
One of the biggest challenges college students face today is debt associated by student loans. Nearly every college student will graduate with debt unless supported by academic or athletic scholarships, grants or financial aid. This issue can be addressed by encouraging students to pursue scholarships, and applying for financial aid. Though not all scholarships are capable of fully funding a student's tuition, most can help provide for fees, books, or housing. Many websites and counselors are open to providing scholarship opportunities to students who seek it. Applying for smaller scale scholarships often can result in a larger amount of money than at first anticipated. Applying for large scale scholarships are worth the time that is spent
High costs of college tuition has been a rising concern for many future and former college students. There are college graduates who are concerned after graduation if they made the right choice paying for a college degree. There are also future students who are not as tempted to attend college because of how expensive it is. While there are certain majors that pay well, many of the majors in college do not pay remotely enough considering what it costs to obtain the degree it takes to do the job. This debt is harder to pay off for this very reason which creates difficulty for graduates to move on in life. To make this situation better for future college graduates, tuition needs to be adjusted based on a scale where what the students are putting
The need for a baccalaureate degree has become more crucial in the ongoing era of an
Being able to attend and graduate college is a dream and the next step in life for many students. However, going to college and finishing school are two completely different things. There has been a decrease in students who completed college. Researchers are wondering, what is causing students to not finish schooling? There are many reasons and questions to why it could be affecting the completion of college rates. One of the main issue is the skyrocketing cost of college tuitions. Majority of students are having stress and anxiety for not being able to afford college. This result in having to take out a student loan and having to pay thousands of dollars after they graduate. The last thing students want for their future is having to work
College is where many student go to further their education. Some people however feel as though collage is not needed to be successful. Others want to further their education but feel the financial cost is too great for them. But the benefits of collage far outweigh the financial problems of it.
There has not been a financial challenge I've faced in my life that amounts to the one that I face as a financially independent college student. In highschool they emphasize the idea of getting accepted into college, but never on how do you stay in college. All my life it has been considered ideal and fairly simple to go to high school, then to college, and from there you’ll be fine. I believed that it would be as simple as getting a plethora of scholarships and grant money. I believed loans,if any, would be easily obtainable and not a big deal. The cost of college is far greater than I could ever imagine. You see, the financial cost is one burden, but let us consider the by products of the financial burden of college. There is the physical cost, the mental cost, the social cost, etc.
When you decide it is time for you to go back to school you know this is a commitment that will take up both your time and your money. You are either going to have to pay your tuition, fees, books, and living expenses out of your own pocket or you are going to have to take out student loans. However, you could be getting scholarships for college if you know how to find them and apply for them.
Many people believe that college is too expensive and therefore they don’t go. However this is not true, nowadays there are many ways to help pay for college. Students can pay for schooling by signing up for a scholarship. These programs can and do help people who have trouble paying for their education.
“Many people worry about paying too much for college” (source 1). Individuals that want to go to college have variety of ways to pay for college. This essay will inform students to sign up for scholarships and grants, get federal student loans and private student loans.
Are you are looking to further your education, yet dont have to mean to pay for college? Then a scholarship could be for you. Scholarships help fill the void between the money you have to pay and the overall tuition bills. There are several hundred to several thousand scholarship available for students to apply for. You may find looking for scholarship an overwhelming task. Well no worries there should be several people at your school who can help you with this, financial aid at the college, and even website's devoted to scholarships. However, many of the scholarships fall into categories such as sports and academics. If you dont play basketball, football, baseball, or have perfect academic success you maybe wondering if there are categories you fall
For me college is the best thing. The investing in college is the best option to further my career, studies, and my overall life. In order to gain anything in life you must sacrifice something in return. I'm following my dreams of going to college with this investment in it I will be able to get a greater return.
If an aspiring college student doesn’t have the necessary funds to attend school, there is another option they could use to pay for school. Student loans are a popular choice so that the student can pay for school. While this may seem like a great option for affording school, it can be a devil in disguise for many. The New York Times reports that Americans owe over 1.4 trillion dollars in student loan debt (Kelly 1). This happens when a college student takes loans with the belief that the college degree they get will help them achieve a higher salary which will in turn will help them pay off their debt. This often isn’t the case. A student takes the loans and attends school, but does not receive the salary that they were hoping to acquire from attending school. A standard payment plan for students is to pay off their debt in ten years, but according to a study conducted by US News, the average bachelor degree holder takes twenty-one years to pay off (Bidwell 1). This is a common occurrence as well, a report conducted by The Institute for Collee Access and Success shows that in 2012, seventy-one percent of college graduates had student debt (Serrato 1). The current system that the government offers to help those struggling to afford a secondary education is a flawed program that needs restructuring.