Persuasive Essay On Saving For College

Student loan has been skyrocketing since 2006, and it keeps increasing each year. To make

College tuition is a subject that I am certain is on every college student's mind. The current cost of college has become so outrageously high and so students are graduating college with what you think is a feeling of excitement for their lives starting, when in reality they are entering a pool of stress due to high amounts of debt and no job guarantees. With that being said overly expensive College Tuition is merely taking away opportunities from potential students. According to Collegefactual.com, you will see that 20 years ago the average college tuition for a student at any University was around $6,285 for the room, board, and tuition. Today, according to Niche.com, the average tuition for almost any college is over $30,000 for those same things. Today, this isn't even offered for those same colleges, we don’t even know what is actually causing the raising tuition. At this point in time, we are paying for the name. Just like clothing, we pay more for the “high end” (a.k.a the college name) items. This is an issue that not only affects college students, but people who want a good education. College tuition should be lowered because the average student debt is too high, FAFSA results can be misleading and not high enough, and there is not enough access to college for deserving students.

Compared to a four year University price is a major difference with a two year, Community College price. For many people, money is the main reason for not going to a four year University. People do not want to go into debt, and have to keep paying tuition all there life. Which is great way to start off your college years. Especially, if you plan on going to college for years, for a major! Most students usually choose a Community College to save on money. For instance, private universities are much more expensive. In fact, in an article by NCES( National Center for Education Statistics) shows, "... between 2003–04 and 2013–14, prices for undergraduate tuition, fees, room, and board at public institutions rose 34 percent, and prices at private nonprofit institutions rose 25 percent, after adjustment for inflation." At a public university, cost could be up to $8,000. Now a private university, is most likely twice the tuition at a public school. If you add on other living expenses, the overall cost, could average up to over $20,000. Now, if you add books and food to that cost that could add up even more money around $5,000 or more. At a private university, you could be paying over $45-60,000. At a community college

An article by HO, J.D says, “the National Center for education statistics reports an average tuition of 25,409 for the 2014-15 academic year at four-year colleges and universities.” It’s amazing how costly is to get an education. Where many questions, Should the amount of wealth you make determine whether you attend college or not.? Many students going college are in college debt College expenses are getting higher, every individual that is thinking of going college goes through the financial struggle. As many think of a question of how much income they need to pay college tuition.? In regrade to making their college life, usually, student tend to go school and work. although, going school and working becomes the habit but the student will have a dangerous effect on their study. They would have less time to study and take a rest. Education has given many an opportunity to change the world and taught people to saves other people lives. Now our world has doctors, pilots, engineers, scientist and much more that people are not seeing. The life cycle of humans is amazing where we lose another and get even smarter and betters. In this cycle, many have not have gotten an opportunity to show the talent because of college tuitions rising every year. There have been different college grants and some help on college fee if you are under poverty level. Education should not be compared with the price, we can buy a nice dress with a good price but we cannot buy an education at a price

Students attending private universities pay an average tuition of $35,374. Those who attend a community college for the first two year of their education save $8,000 or more. Since most of the same financial aid including Pell grants and Stafford loans is available for any institution choice, students in the lowest income brackets can expect a larger financial aid refund from a community college than a university. Those who need a university education to meet their career goals may be able to attend a community college part time while they work and save up. Then, when they transfer to a university for their final two years, they may have saved enough that with financial aid, they can pursue their four-year degree.

College students graduate with an average student loan debt of approximately $37000. Of course, that's not the whole story. Millions of college graduates have student loan debts ranging from $50,000 to over $200,000.

Because of the nation’s national rising debt, student loan forgiveness has been a significant topic of debate because of how much it can affect our nation’s debt and doesn’t always help the student. Student loan debt is one of the highest debt causes, but sometimes we forget that we are the ones that sign the line on the contract to be in years of debt. This is because we value our education. But this does not mean that just because we can’t find an amazing, high paying job right out of college that we should have our loans forgiven. We want the easy way out of something that isn’t easy, so why should the government pay for our debt? Yes, college is very expensive and that is the governments fault, but again we are the ones that signed the line on the loan papers. (Sam Adolphsen, 583)

To have a hope for the future, we first have to start now. Education is vital to success. However, some Americans cannot afford the education they deserve. Some are not even given the opportunity to express their individual rights. The United States as an overall country has great potential, and we should use that to help ourselves as well as other countries.

Student loan debt is becoming more and more of a problem as time goes by. Evidentially, it is only its interest fee that student loan debt is becoming known for. According to Student Loan Hero, “Student loan debt is mostly for four-year or graduate degrees (“Student Loan Debt”). Student loan debt does have effects to people’s lives, but only because they allow it to build up from not paying it. Student loan debt is not something people has to live with, but it is what they choose to live with it can be taken away nothing is permanent. Most people do not understand what Student Loan Debt really is, and the confusion it brings in people’s lives need to be distinct; this problem can simply be done by colleges protecting students from going into debt, and loan company’s should allow them eight years after graduation before putting them into debt.

College is where you go to get higher sources of education. Many high school students dream of attending college in order to attain more knowledge, yet so many people fail to realize the cost of college. Attending college, currently, is nearly impossible to do without being in some sort of financial debt or seeking out government help. According to the American Association of University Professors, “two-thirds of American college students graduate with substantial debt, averaging nearly $30,000 (if one includes charge cards) in 2008 and rising.” (AAUP, 2012) Although going to college is beneficial, there is an argument on whether or not going to college is worth the possible debt incurred. The goal

Even with my personal problems, I also have had to make other adjustments in my life. We all know college is very expensive, so money is very limited. I was never really good with money until I started going back to school. I am used to shopping and going out to eat everyday. When the time came for me to cut back on my spending, it was like someone stabbed a knife through my heart. It not like I can’t go shopping anymore, it just means I just can’t buy the high-priced, premium items now. For example, I’m used to buying Gucci, Louis Vuitton, and Prada. The only way I am saving money is by just staying away from those three stores. In just two months I have saved lots of money.

The words “free college tuition” spark interest in any college student with accumulating debt. In fact, this topic is so incredibly supported that Bernie Sanders implemented it as a core interest in his 2016 campaign. Once Hillary Clinton became the Democratic nominee, she decided to take it on herself with an extensive plan that guaranteed students free tuition. Unsurprisingly, free tuition resonates extremely well within the student demographic. To forty million Americans, free tuition eliminates the largest problem for students: debt (Hess, 2017). However, free college tuition generates the inverse of what these low-income and middle-income students believe. In fact, free college cripples them from multiple perspectives; students will end up spending more financially, will be less likely to graduate with a degree, and will be subjected to more inequality and less exposure.

Do not live a life that you cannot handle, spend within your means. Be honest with yourself, if you can’t afford something, don’t buy it! Affordability is much more than the amount of money in your bank account, it also is how long it will take for the money you spent to be back in your account. Think of your finances as a long term process, not a short term fix. This is also why you should limit your credit card usage. If you rack up your credit card and lose your sole source of income,

Once highschool ends, you will think you are already done with school, and you can finally be free, and you are kind of right. However, your college education should not stop at high school, as high school only teaches you a few things. Going to college will teach things outside of just learning some basic math and writing formats. College will prepare you for life as well. By going to college, you will earn more, be more employable due to your accumulation of knowledge, and you will live a healthier life. College is not for everyone, but if you prefer a secure future then it is suggested to go to college. By pursuing business without a college degree, you could lose all your money and everything you have worked for at any moment if you are not cautious. With a college degree, you can earn a decent salary with a secure job.

In 2016, an accumulation of almost 1.4 trillion dollars of student loan debt was outstanding in America (Kess). Students from all over the nation, and the world for that matter, are going to higher education without the financial ability to do so. One of the few options for financial aid available to these prospective college students is to take out student loans to pay for the high tuition of most universities and colleges. While these loans are a modality for attending higher education, they often come with strings. Along with being several thousand dollars in debt, interest also accumulates into the total amount of the owed financial total. Until these loans are repaid the interest keep accumulating and the debt grows. With debt still affecting students negatively well after they finish their higher education, the price of college tuition should be abated.