Student Loan System For College Students

1212 WordsApr 26, 20165 Pages
Student Loan System Throughout the ages, society has evolved to overcome the challenges it faces from one generation to the next, by learning and advancing further than the previous ones. It has undergone a vast number of changes; however, mankind has never undermined the importance and necessity of a complex and well-educated society. Moreover, it is the duty of each one of us to make sure that the next generation takes a step further than the previous one. With this in mind, society has understood the importance of higher education for the future. Yet, the hesitation we witness today to pursue a degree is due to the high cost of student loans. Truly this is a terrifying thing which cannot be ignored, as it has a direct impact on the future. This indicates how unfair the student loan system is for college students today. A college education has become a necessity in this day and age; however, its costs have become a cause of discouragement for anyone willing to pursue it. Student loans have become one of the highly debated topics of the modern century, so much so that it has begun questioning the need for a college education. Student loans aid students with their expenses, in order for students to focus on their careers and futures. Unlike in the past, when student loans had a considerably low-interest rate and the repayment schedule could be deferred while the student was still in school, student loans of today with their huge interest rates have gotten completely out of
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