Should College Students Face College Debt

Since education is so important today and so expensive, the scholarships that the NCAA allows schools to award to student athletes acts as money and compensation. Without scholarships, attending such schools could be impossible. In a report by Stephen Ross, an economist and research professor at Georgetown University, he writes that by the year 2000 college graduates were earning eighty percent more than high school graduates who did not go to college (Ross). Not only does college help one pursue an education but it helps one find a job and make money to help support themselves throughout life. If colleges did not offer athletic scholarships then many individuals would have lost out on an opportunity to improve themselves by going to college and receiving a higher education. Scholarships help bridge the gap between dreams and reality by allowing students to significantly reduce the financial burden that attending a college/university can have on a person or family. The American Dream can become a reality, all the hard work and sacrifices become worth it because through education anything is possible. However this notion that scholarships are the solution to the problem of paying student athletes is not well thought out. Firstly, scholarships cost the NCAA nothing. Secondly, scholarships fail to address the fact that the NCAA makes millions off the student athletes. Also, most student

On the end of the Democratic Party, both Hillary Clinton and Bernie Sanders presented comprehensive plans to help eliminate student debt, although they vary on how to deal with the cost of education and how much the government should pay (Josuweit, 2016). Clinton created the “New College Compact,” to address both the current and future educational costs, her main focus on addressing existing debt and allowing borrowers to refinance student loans at the rates allowed to students taking out new loans, which Clinton claims would provide to relief to twenty five million borrowers (Josuweit, 2016). In addition to this, Clinton wants to reduce interest rates on new student loans which would facilitate enrollment in IDR plans (Josuweit, 2016). On future tuition, Clinton claimed she would provide help so that students never have to borrow to pay for tuition and other fees attending a four year public college in state (Josuweit, 2016).

Only 30% of Division 1 basketball players who accepted scholarships will graduate college, and only 40% of football players with scholarships will get a degree. Just how well spent would the money be that college athletes were to receive if over half of these student-athletes do not care enough to graduate college even with scholarships? Schools would spend millions of dollars a year paying these athletes and it is very probable that much of it would be spent irresponsibly. We have seen many examples of college athletes spending money given to them in careless ways in the history of college athletics. Scholarship athletes competing at the collegiate level should not get compensated because they are amateur athletes, many of them are already receiving compensation in the form of scholarships, and paying every college athlete would ultimately be a costly burden to taxpayers and fans.

Lower classes families will be able to send their children to college which will give them an opportunity they would never have had.

Whether or not student-athletes should be paid has been a hotly debated topic since the 1900s. College athletes spend just as much time, if not more time, practicing and devoting time and energy to sports as they do academics. For this, many athletes are rewarded with scholarship money. However, many people believe it is not enough. Should we pay student-athletes a slice of the wealth or is a full-ride scholarship enough? (Business Insider). What if the athlete gets injured? Where does the money come out of to support each athlete’s salary? The huge amount of money being generated from college sports has led some people to think that the athletes are entitled to some of that revenue. While, some think that student-athletes should be paid, others disagree for various reasons.

On the field or court, college athletes look like they have it easy or are “living the high life”, while in reality 86% of college athletes come from families that are not very wealthy. The average college tuition during the 2017-2018 school year was $50,900, and the families that are not very wealthy cannot pay that immense sum of money. Although it may seem like college athletes get paid through a scholarship, the actual scholarship they are receiving is around $11,000, that still leaves $39,900 to still need to be paid by the family. If college athletes were compensated, then they would be able to provide more money towards their tuition.

According to Students Borrowing: Debt, Default, and Repayment 2015, written by Lance Lochner, explains that $1.26 trillion dollars in the cumulative student debt in the U.S. of student loans for U.S. college students. In addition, 44.2 million Americans have student loan debt. As a college athlete, most to all of college expenses are paid for a scholarship. With the help of their athletic ability and the scholarships they have obtained, they are not like the other 44.2 million people who have to pay

Scholarships do not pay for everything that students require, resulting in students struggling to excel during college. When a student-athlete is financially struggling life can become difficult quickly. Everybody has a limit to their capabilities, and the amount of work required to perform well in class, on the field, and with financials will test those limits. The work required for student-athletes deserves a high bargain to counteract the effort. Sacrificing classroom performance for athletic performance is a risk that has a low rate of reward. Unless a student-athlete becomes professional in his or her sport athletics do not directly lead to a future. If players were paid for their entertainment then a future is possible with start-up or investing. Athletes are subjected to the NCAA’s wrongful rules that control their athletes completely, and the players deserve a chance to receive an income. Student-athletes need an income, they deserve an income, and the NCAA is holding those students back from a future. The NCAA needs to pay collegiate athletes what they rightfully have

According to ScholarshipStats.com “Athletic scholarships totaled over $3 billion, academic based and other financial assistance totaled over $11 Billion in 2014-15” (Scholarship Stats). A topic that has been going on throughout college sports is whether or not to pay college athletes. The problem with paying college athletes is that they are already being paid in different forms other than just cash or checks. They also receive freebies like tuition or housing but the biggest of problems is there is no equal way to pay them. Although people believe that paying college athletes would be profitable to college universities, they should not be paid to play because they are already receiving benefits that regular students do not get.

David Frank, who writes for an informational site that explains scholarships, wrote an interesting article titled, “Facts About Full-Ride Scholarships.” Within this article, Frank describes exactly what people should know when it comes to the benefits student athletes are already receiving when schools grant them scholarships. Frank states, “Full-ride scholarships essentially enable recipients to attend college at little cost. Tuition, room and board, books, and certain fees related are covered” (Frank). To build upon the ideas of Frank, Tamar Lewin provided the opposite end of the spectrum that should be taken into account as well. In her article, “College Graduates’ Debt Burden Grew, Yet Again, in 2010,” she discusses the problems with debt that college graduates are being forced to deal with when they enter the real world. Lewin explains, “Students who graduated from college in 2010 with student loans owed an average of $25,250, up 5 percent from the previous year” (Lewin 1). Therefore, both sources open the conversation that these college athletes that graduate college will not face near the amount of debt that regular students will. Just because another student can shoot a basketball better, or catch a football, or run fast, does not mean they should be allowed to receive extra benefits. College athletes at

College sports can determine a person’s lifestyle. Determines whether or not they can go pro or get a job. Paying athletes can give them a better sense of money. They can learn how to save their money up, learn how to spend it correctly, and a great sense of financial awareness. The problem is that many

There is currently a major issue in today’s college athletics. Universities and the NCAA make billions of dollars while some student-athletes go hungry. There is a huge debate over whether or not student-athletes should be paid as employees of their respective colleges. Personally, I don’t believe players should receive full-time salaries, but Universities and the NCAA should be required to increase the value of the scholarships that they award to student-athletes. By requiring that colleges provide athletes with an additional $2,000 per semester as part of their scholarship you can greatly increase the well-being (welfare) of the students.

According to the U.S census,there are 16 million college students and 71% end up in student loan debt;and that number has been increasing since 2012 and has combined to a total of 1.3 million dollars in student loan debt.Student loan debt has become a recurring issue over the years with students,presidential candidates,governments fighting for ways or not fighting for ways to implement new programs to make college cheaper but it has not been efficient in making college affordable for the poor or middle class. This is such an important topic for me and those 16 million students more than half of whom are struggling to pay off that student debt.This is why I believe that researching the overwhelming concern that there is not much support for both college athletes and academically excelled students,who struggle to pay for college because of how expensive it is and how little scholarships they receive despite their excellence is important to helping spread the need for change to help decrease student debt.High School athletes who decide to play sports at the collegiate level get the chance to go to college and play their sport while having their expenses covered entirely;despite this, it is an opportunity only given to very few students.Just like athletes struggle most colleges will not offer a full-time scholarship to students with higher academic success unless that student has higher than a 34 on the act or a grade point average higher than a 4.0,which is statistically

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

I feel as though students are responsible for college debt they make the decisions in the end that will either benefit them or leave them at a disadvantage. Students have the option to go to a community college for a reduced amount of money compared to a University, but they choose to attend a University due to the fact that it looks or sounds better to them or they are pushed to by peers or authority figures in their lives. As a student myself I am choosing to got to COD for two years because they are offering give 2018 graduates two years free, that is enough time to get an AA or at the very least figure out my definite major. It’s not that I don’t have the money to go to a University, I just chose to attend a community college to reduce