Responsibility

A lack of personal responsibility can cause many problems. Not only for the person who is making the choice not to take personal responsibility but for the people around them. One such example related to law enforcement could be if an officer with a department vehicle doesn't get the

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.

Americans have amassed more than $1.3 trillion of student loan debt (Clements). A lot of graduates are postponing life events like having kids, buying a house, to deal with the debt. About 14% of student are in default. Default means failing to make payments on your loan as scheduled. Defaults usually results in larger loan balances. With this upcoming election, it 's crucial for candidates to address student loan debt and their solutions. As a potential voter, it’s important I select the candidate that will benefits me and get rid of my loan debt.

According to Downing, author of On Course, when it comes to personal responsibility, there are two ends of the spectrum: creator and victim. A creator is someone who believes they have the sole responsibility for the outcome of their life, they understand that their actions have been ineffective, and strive to change them to “create the best results they can” (21-22). Though he uses different language to explain, Stephen Covey, author of The Seven Habits of

Responsibility means having an obligation to deal with something. Some people feel honored to take responsibility, but most people want to run away from it. In the book, The Glass Castle by Jeannette Walls, the author describes what happened in her life starting from her earliest memory. Together with her family, they strive to survive whatever life throws at them. Most of their decisions are made by her dad, Rex Walls, who is also incidentally the root of their problem -- or at least the majority of them. He is a highly skilled and intelligent man but with little to no sense of responsibility and resistance to temptations. We can see this when he was teaching Jeannette, when he tried to stop drinking alcohol, and when he was driving their car as fast as it could go.

The reason for this Rbi is to inform the reader of accountability, the duties of NCO's, and failure to report.

The United States student loan debt crisis is worsening by the minute. According to analysts about two students who had taken out a sum of student loan debt default every minute. This default rate is setting the United States up for a major financial crisis. What is driving the nation deeper into the red is the greed of the loan servicers. Although not illegal, loan servicers direct students who appear as a troubled applicant to sketchy and costly loan repayment plans. A branch of what is now known as Sallie Mae is responsible for a majority of the problem, because their sister company Navient “services roughly $300 billion in loans taken out by 12 million borrowers.” (1)

“Over the past decade, the total volume of outstanding student loan debt has tripled and is now over $1 trillion” (Jaquette and Hillman). This alarming trend illustrates the immediate need to address the issue of college graduates suffering from excessive financial burden as a result of student loan debt. According to Ozan Jaquette, Ph.D., assistant professor of higher education in the Department of Educational Policy and Practice, and Nick Hillman, Ph.D., assistant professor of Educational Leadership & Policy Analysis, “When borrowers default, they face a wide range of additional penalties, including lower credit scores, garnishing of wages and tax refunds, and the payment of collection agency fees.” Not all graduates are faced the

In the United States today, the number of students graduating college with student loan debt is quite astonishing. In the article titled, “How the $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy”, we will examine and break down the student loan debt crisis by the numbers. Today, almost two-third’s of students graduating college are graduating with an average of $26,000 in debt. For most students, $26,000 is a lot of money when the average annual income for a first year graduate is only in the mid $40,000 a year range. According to the Consumer Financial Protection Bureau, student loan debt has reached a new milestone, crossing the $1.2 trillion mark (Denhart, 2013, Introduction, par. 2). With student loan debt levels

We clearly observed the manifestation of this crisis that has already been prevalent in America when the Federal Reserve Bank of New York published in its annual report on June 30th, which stated that 11.5 percent of outstanding student debt was at least 90 days late or in default as compared to 10.9 percent at the same time last year. It was estimated that nearly one in four borrowers whose loans have come due are severely delinquent or are double than the published rate, because nearly half of student debt doesn’t presently require a monthly payment.

The student loan problem is starting to look clear enough on the surface. As students are incurring oversized student debt, and are defaulting on that debt and threatening their ability to access future credit that will and need one day. To this the approaches to student loan debt collection are filled with problems, including improper recovery tactics and informational imbalance regarding the repayment options. But the current public policy conversations miss key issues that contribute to this debt mess, leading to proffered solutions that also miss their mark. Although there is one way that this problem could and can be fixed.

A major contributing factor to the crisis is the shift in the type of school students choose to attend (Tankersley and Douglas-Gabriel n.pag.). Eleven percent of the total students in the higher education system attend for profit schools; on the other hand, those students represent forty-four percent of all defaults on federal student loans. Borrowing has increased across the board with the rising cost of college tuition (Tankersley and Douglas-Gabriel n.pag.). Federal grants only cover a third of the cost of tuition, forcing students to borrow from private and student lenders. Tankerley and Douglas-Gabriele postulate,“Because the federal government will only allow undergraduates to borrow up to $31,000 in total ($57,500 for older independent borrowers) students at for-profit schools often turn to banks and other financial firms for loans” (n.pag.). In 2013, loans that started repayment in 2011, two percent of graduate students, eight percent of undergraduates, and twenty-one percent of non-traditional students had defaulted in the first two years of repayment (Tankersley and Douglas-Gabriel n.pag.). To emphasize, seventy percent of all borrowers in 2013 were non-traditional

The financial markets begin to show signs of non-payments of credit on student loans, which was alarming to policy makers who eventually intervened. The feedback received from this brought on the amendment of the Title IV of the Higher Education Act. Students were struggling to make ends meet with the worry of repaying their student loans as they entered into the workforce, they found that they were unable to purchase homes, prepare for retirement, nor have the option to start their own small businesses and so forth. Suggestions were made to the task force for policymakers to implement repayment options that would be affordable to students, and have private lenders to restructure loans. Another suggestion was to repair a student’s credit if and when they repay their loan in full.

Being responsible refers to our ability to make decisions that serve our own interests and the interests of others. We first need to be responsible for ourselves before we can be responsible for others. In learning to be more responsible it is important that we know our limitations. It does not matter how smart we are, there is only so much responsibility that one person can handle at any given time. It is also important to remember that we are not responsible for thing that are out of our control, for example, how other people think and feel or how they react to ourselves or others. Sharing responsibility for both success and failure can lead to increased responsibility to oneself and to others. When you

With the accumulation of student debt—which has quadrupled since 2004 to $1.2 trillion in 2015—the United States needs to take immediate actions to resolve this issue. This is not to say that loans should be despised and avoided; while they may benefit the borrower—and surely, a few are able to successfully pay off their loans—they negatively impact the national economy at large. As a result of excessive debt, the case of student-loan delinquencies and defaults has gone up since more students are not able to pay off their loans on time. Consequences of default are severe. One would have a negative credit rating making it harder to purchase a car or a house; “lose eligibility for deferment, forbearance, and repayment plans”; and see their debt