Student Debt Benefits

One often overlooked point about “free” college tuition is that it is not ever free. The money does not just appear out of nowhere. What people normally mean by the statement of “free” college, it means free college for students. If the students are not paying than who would have to pay? The only other option would be the federal government. Right now, Americans owe more than $875 billion dollars in student loans. If the cost of tuition continues to grow at the rate it is, that number is only going to grow. If the federal government were to pay this, it would only further the country in debt.

The debate of whether community college should be free or not has been going on for many years. For the most part, many students have been able to have free education even if the are low income or high income. Most students are able to have equal educational opportunity to be able to learn for around 12 years. If it has been going on for 12 years, then why not make higher education free as well. In the article written by Joanne Jacobs titled, “As He Promotes It, Some Question Obama’s Free Community College Idea” discusses the main arguments on whether Obama’s plan of making community college free plan can be a benefit or a waste of money. Community college offers the ability to be able to finish one’s first 2 years of their general general education plan at a free or reduced price compared to completing general ed a a 4 year institution. Community college should be free because it allows lower income students the ability to have their tuition paid as well as their books and it allows students to be able to earn their bachelor's at a better rate.

Unfortunately, with furthering your education, student loan debt is almost guaranteed. My husband is seven years older than I am, so when I graduated high school and chose to get married instead of going onto college we lived in his small house that he had. Shortly after getting married, we found out that we were expecting our first child. I knew that we would grow out of our first home quickly so we began the process of getting a new home. We found out that no credit is worse than bad credit. We were blessed that by putting down a decent down payment by selling his old house would help us to be able to obtain a loan.

Every American student has a dream to go to college and to be debt-free. Due to the upcoming presidential elections, candidate Senator Bernie Sanders wants to introduce a bill that would cover the tuition costs for students who attend two and four-year institution. This question makes many Americans wonder, will free public colleges solve the student debt crisis. Although free tuition would help stop the fast-paced growth of the Student Debt Crisis, it is probably not going to fix this problem completely.

The low pay for our educators is causing many negative effects. New York Times shows that the low income is causing sixty-two percent of teachers to have a second job outside of their teaching jobs. Just to have enough money to support their families and make ends meet. Most everyone decides to college to prevent having these struggles with money, and to avoid having to work multiple jobs, when they get older; however, not when it comes to living off of only a teacher’s income, the struggles to have enough money are interminable. This low pay is also causing most teachers to retire, and find new jobs. New York Times states, “every year 20 percent of teachers in urban districts quit. Nationwide, 46 percent of teachers quit before their fifth year. The turnover costs the

President Barack Obama made a proposal on January 8, 2015 to make community college free for Americans. The proposal is made with stipulations, being that students are required to attend at least half time, maintain a 2.5 GPA, and make steady progress toward completing their program. With Tennessee already at a successful head start with their free tuition program, President Barack Obama wants the remaining states to progress as well. Now President Obama wants every American to receive two years of tuition free education in a community college. Upon completion of a community college major, students will receive two years of free education. The plan states that the federal government is to pay three-fourths of a student’s community college tuition if states agree to pay the remaining twenty-five percent. With rising student loan debt, students will finally have the necessary recourses to afford college and go back to school. The two year community college proposal should be mandated, but only with the stipulations previously stated.

In order to alleviate the problem, many politicians have proposed plans to make all public college tuition free for students under a set income threshold. Although it may seem like just the solution that is needed, making college tuition-free, even for a select group of students, is not the best option and would fail to solve the fundamental cause of the student debt crisis in the first place.

Loans can be double-edged swords in the matter of higher education. They help you get in to college, and to support families and lifestyles as you work hard to secure the qualifications that can guarantee you a rewarding career. However, keeping tabs on due dates, balancing cash flows and predatory rates of interest can wreck your life. There is no need to let intolerable financial burdens hamper your scholastic efforts. Use the following 5-step guide for student loan consolidation that will repair your credit history, and leave you free to focus on classes and on searching for that all-important job: 1.Apply for your Student Consolidation Loan in time. Application processing always takes time, and you should have the opportunity to shop around

You’ve been dreaming of your dream job your entire life. You hoped to one day become a lawyer and now it’s your time. You’re about to go to college and you’ve already applied for many student aid programs for help on your tuition to go college. With a total of $188, 500 to become a lawyer, what will you do you? You don’t have any other choice, but to apply for student loans. When you graduate college you immediately get a job at law firm, to pay off your student loan debt. With an income starting off at about $47,000 per year, you have to pay between $245 and $304 per month. The total interest paid over the course of the loan would be $7,141, bringing the total amount paid to $37,141. The repayment period in this case would be about 10 years

Understandably, student loans may be your only option. If you need to take out a loan, you should borrow the minimum amount possible, and have a written plan to pay it off in the shortest time possible. It means treating your student loans as an emergency that needs to be taken care of at the earliest opportunity.

Dreaming of going to college and fulfilling your dreams is one thing but preparing for your college education can be a whole different level.

I found this idea while reading an article on free college tuition, when I looked at the comments, Mr. Paul “Loans Forgiveness program” is the best way to address this issue. First, college costs lots of money. I get it someone has to pay for it. However students come out of college with so much debt that it makes living that much harder than it already is. There are debates about “free

I recommend you to take out a student loan in order to pay for your college fees; And you can later on pay of the debt with the money you borrowed from your parents. You could also pay off your college your college fees/expenses in cash from your savings and you will also not have any debts because you paid in cash not with a loan. So you will be okay as long as you don’t use a loan to pay off your expenses Some people could argue that using a student loan would be better but when you pay cash, you wont have to pay off any debts later on because you paid it full with your own money. But my official response is that it is better to pay your college fees/expenses in cash.

It could be up to the teachers to save the country from an economic downturn

Student debt is an aspect of life many across America share. There has been a push for more citizens to attain post-secondary education, as more and more low-skill jobs are being shipped overseas. At the same time, prices of going to college have gone up significantly, forcing many to obtain loans to pay for this experience. Although it is often a worthwhile pursuit, the debt caused by these loans of follow individuals long after they have graduated, sometimes lasting as long as twenty years or more. And even though most are able to pay of their debts at some point, this burden is often daunting and impacts those who are weighed down by it. Thus, in order to help people be free their student debts I have compiled numerous ways to pay student debt off more quickly, as well as reminding them that even though a college education has its costs, the benefits are worth it.