Student Loan Benefits

You do not need to take out a student loan to graduate and attend college. Not for any reason at all. One main reason, debt builds faster than you can blink. It creates interest, and once you graduate you will be working for the next 10 years just to pay it off. The second is you will feel trapped, and you really will be. Once you take out a student loan it builds. For many reasons you will feel like it is okay to continue to take more money out. And you will be building interest every day. You will have 6 months from the time you graduate to start paying them back. What are the chances you’ll find a job in your degree? Or that you will even be making above minimum wage. So Amanda thinks taking a loan is okay, she graduates with $18,000 dollars in debt. She will be working for the next 10 years not spending a dime just to pay it back. Then was college really worth it? You have an okay paying job you figure you can catch up to your student debt and start paying it off quickly creating not much interest. Soon you find it hard not having any money for food or bills or a car. Then you fall behind in your payments. You become depressed and stressed out. Always feeling down like you will never live your life again being able to just go get some ice cream with your friends. It can tear you apart along with your friendships, relationships, ect. Most of all yourself, you start to feel worthless. Some think it is a great idea to take out a loan. They wind up getting a great job or have their parents help pay back the debt. They

An education is one of the most important tools a person can acquire. It gives them the skills and abilities to obtain a job, earn a wage, and then use that wage to better their lives and the lives of their loved ones. However, due to the seemingly exponential increase in the costs of obtaining a college degree, students are either being driven away entirely from earning a degree or taking out student loans which cripple their financial prospects well after graduation. Without question, the increasing national student loan debt is one of the most pressing economic issues the United States is dealing with, as students who are debt ridden are not able to consume and invest in the economy. Therefore, many politicians and students are calling

In order to be successful in the workforce, having a powerful career there are things needed like higher education. Graduating from college is essential to finding a successful job, since more jobs are making college degree a requirement, more people are going to college. The problem is the cost of going to college outweighs the earning from the career you obtain. Very little people are able to pay for college out of pocket. In 2014, 42% of undergraduates paid for college out of pocket (Sallie Mae). The result of this is that students seeking higher education are forced to take out loans. On average, college students borrows $25,000 to earn their degrees (Alexandria). I just don 't get the concept of college tuition or student loans. It

The benefits of this will be less student debt, higher student populations, and more jobs will be available.

It is pretty impractical to expect full time college students to work and pay for college tuition simultaneously. How could you expect a full-time students to work full- time hours and live comfortably? Students should be able to focus on school rather than worry about how they will be able to afford college the next semester. Furthermore, there would allow more graduates and obtain jobs in the community.

There are many brilliant students out there that have amazing brains, who could help support the world, or have ideas that could dramatically change the world. However, all those brilliant ideas can vanish because of the barrier that is put in from of them. They cannot afford to go to college. Making college tuition free would increase the amount of students that want to go to college for a higher education because they had access to

Education these days is vital for many job titles. It can become difficult for many people to receive a job without a high school and especially a college education. Most jobs in America, from sales manager to registered nurse and even a construction worker in some cases, require an education past high school. With the cost of college, at average ten thousand dollars at state schools, not accounting for living quarters or even meals, it is leaving many students in large overbearing debt. Many have looked for the solution of this strenuous debt and one of their solution is to make the first two years debt free. By making the first two years of college debt free, it would encourage more people to attend college, expand the educational horizons of our nation, increase employment rates of America, and it could be done without causing a larger debt on America.

In the United States, college should remain an accessible opportunity for Americans. Any one who is willing to put in the hard work and effort to make their future better, should be secured an education. A college education is important to one 's future and can make a huge difference in how successful someone can become. There have been multiple presidents and politicians offer a solution to higher education costs being so high. The solution is to make taxpayers fund the tuition dollars. The tuition for college and universities everywhere should be shared between the government, students and families, states, and the colleges and universities themselves. College should be more affordable, but it should not be 100% taxpayer-funded tuition.

Is college worth incurring significant at debts? Student are wondering if going to college is worth getting debts. Student who wants to go to college is taking loans to pay for college, but the problem is that it might be impossible to pay back the loans. Going to college is worth having a debt because lifetime earnings, job opportunities and good for your community.

In America today, the student loan debt crisis has reached an astonishing 1.2 trillion dollars in debt, making it the second largest source of debt in the United States, according to forbes.com. This is due to the cut to funding colleges, which used to be 7,000 dollars for each student and after 15 years is now 4,000 dollars for each student. There are solutions that could unquestionably lower student loan debt: colleges could stop competing to have more useless luxuries, take a certain percent out of the students income until it is paid off, and more of students’ parents could take the loan and not their child. While there is no perfect solution to make this problem go away (that we know of), there are ways we can lower the astounding amount of student debt in America today, even if it is just a small piece of it.

Schools should lower tuition fees to allow more people to gain university education as well as create a favorable learning environment for the students getting financial assistance from the loans board or grants and bursaries. This will give them peace of mind and their learning will reflect this. At least $1 trillion in student debt raises more eyebrows than expected because it means that millions have continued to accrue debt and do not fully pay it, or have paid it and it continues to weigh them down as they seek to achieve their life goals (Campo). Solving this problem will create a better learning environment, increase the number of graduates in the job market, and provide an avenue in which more students can interact and create new friends so that they can increase their networks. Schools need to offer students these chances, and reducing tuition fees will be a step towards this achievement. Even the president recognized the need for the reduction as he urged colleges and other institutions of higher learning to adopt reductionist policies to enable more students to get better education.

student debt crisis has reached an all time high with debt reaching a total of 1.3 trillion dollars across the United States.With tuition cost increasing,lack of scholarships and unpaid back loans,student debt will continue to increase even higher.The enormous amount of debt put upon each student creates the inability of those students to help the economy grow.Our economy as we know it is a loop and decreasing the student debt significantly will help the economy grow.Instead of putting that money towards the government where it won 't be used to help decrease the student debt as we can see by the total debt, it should go to the community, such as purchasing homes,cars,consumer goods,sales tax which will help improve the economy even more.Crippling student debt is stifling the growth of the U.S. economy because it inhibits graduates from being able to spend money on consumer goods and home purchases. To alleviate this, lenders should be required to forgive student loans in cases where students are unable to repay their debts,decrease a cost of attendance,and increase scholarship opportunities from universities.Doing so would benefit the growth of the economy by increasing tax revenues, unfreezing credit markets, and creating jobs.

If you had the chance to go to college for free and pursue your dream would you take that opportunity? This should be offered to kids who really want to pursue a degree and are serious about college, there will be guidelines to ensure that student will be responsible with this opportunity. This could change the life of someone who cannot financially afford to go off and pursue their dream, this could give them hope of getting their dream job; College can be very stressful emotionally and economically for some people, but with free college they can be relieved of their stress. The idea is that everyone should be allowed the opportunity to receive a higher education, it would relieve them from the financial situation when they graduate, and more jobs can be taken with people that have a degree and knowledge of the field.

Financial support has played an important role for college students, especially for university students, whose family could not support their education after they have graduated from high school. Due to this situation, students have to go through a lot of problems with their tuition fees to be able to continue with their education. They always need a large amount of money besides paying for the tuition but also for living, and students have to go through a lot of problems with their tuition fees in order to be able to finish their career on time and earn a better living in the future. Some students will choose to go to work part time while at school, so they can pay for their fees and their own expense, such as gas, foods, and clothing. On the other hand, most of students will choose to take out loans from somewhere else, such as the bank or federal loans. This way, students who choose to take out a loan could focus on their education without worrying about how to pay for their fees. It is very important for students to acknowledges and be aware of the different types of student loans, and all the requirements before students decide to obtain a loan. Because of the raise in tuition leads to the existence of the student loan debt is a burden that is a financial impact on lifestyle changes, such as postpone couples to get married, to have children, to buy a house and to save for retirement.

If you think your educational expenses are more than you and your family can afford, you should apply for financial aid using the Free Application for Federal Student Aid (FAFSA). You will need to apply for financial aid every year by completing a FAFSA. The FAFSA includes all the information necessary to determine your eligibility and must be completed if you want to be considered for any of the federal programs