The Benefits Of College Education And Student Loan Debt

For years adults have been questioning whether or not college is worth its cost. Over time the price for college has increased drastically and the potential income of a college graduate is barely following that trend. As colleges become more wealthy and powerful, they’re too pricy for someone to afford without help and debt.

Just about everyone agrees that college should be more affordable. A century ago high school was becoming a necessity, not a luxury; today the same is happening to college. If college is essential for building a career and being a full participant in our democracy as high school once was, shouldn 't it be free, paid for by public dollars, and treated as a right of all members of our country? The average college graduate comes out of college with at least $60,000 in debt and if they went to an Ivy League should that shots up to upward of $100,000 all this debt before they even get their first real job (“Fast Facts”). This is the burden that students have to worry about and then they only have six months to find a job that can cover they loan payments, which can be as much as a couple thousand dollars a month and most working people can’t afford that. These days it is highly emphasized that the responsibility to educate the poor lies on the shoulders of the government. It should be, considering the significant hike in the tuition fees worldwide. In such circumstances, many intelligent and hardworking students miss out on studying in a university due to lack of funds. This not only demoralizes the student, but also has a negative impact on the society as it loses out on its future professionals.

There are many colleges around the world and most people like to attend one. Students study hard and try their best just so they can get an acceptance letter from their dream college. However, college tuition is not that affordable; college tuition is increasing in price every single year while the yearly salary of a father stays the same or barely increases. College tuition should be affordable to everyone regardless of his or her family status and position. Students should be able to attend a college without being in a debt consisting of thousands of dollars. There are scholarships, grants and financial aid available but that does not help everyone. A middle class family cannot fully afford a child going to a 4-year college and make a living, which is comfortably in residence. A change in college tuition is definitely required for American students and the students around the world to have a better education at low cost.

An article by HO, J.D says, “the National Center for education statistics reports an average tuition of 25,409 for the 2014-15 academic year at four-year colleges and universities.” It’s amazing how costly is to get an education. Where many questions, Should the amount of wealth you make determine whether you attend college or not.? Many students going college are in college debt College expenses are getting higher, every individual that is thinking of going college goes through the financial struggle. As many think of a question of how much income they need to pay college tuition.? In regrade to making their college life, usually, student tend to go school and work. although, going school and working becomes the habit but the student will have a dangerous effect on their study. They would have less time to study and take a rest. Education has given many an opportunity to change the world and taught people to saves other people lives. Now our world has doctors, pilots, engineers, scientist and much more that people are not seeing. The life cycle of humans is amazing where we lose another and get even smarter and betters. In this cycle, many have not have gotten an opportunity to show the talent because of college tuitions rising every year. There have been different college grants and some help on college fee if you are under poverty level. Education should not be compared with the price, we can buy a nice dress with a good price but we cannot buy an education at a price

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.

A lot of people will argue, that college is too expensive. Not everyone can go to college, for financial reasons. Also, they may get into college, but end up having to leave because they cannot afford the remaining balances; or, they received financial aid, but end up having to take out loans they are going to be paying back forever. It is like once they graduate they will be working mostly to pay off their student loan debt. This also discourages some students. In some cases, they will not even take the initiative to try because it is so costly. I do not understand why it cost so much to want to better yourself, and possibly put us in debt for the rest of our life just to receive a higher education. Not only has the cost of college risen over a period of time, but it continues to go up. Yes, they have alternatives for paying student debts, but what if you do not qualify? Lastly, you are not guaranteed a job just because you graduate and have a college degree(s).

oday, society stresses the importance of postsecondary education to students due to the countless ways that an associates, bachelors, masters, or doctorate can enhance an individual future. For an individual to reach financial security in the United States’ economy it is basically mandatory that they have received a college degree. Postsecondary education will provide skills and knowledge that will prepare individuals to be successful within their career as they compete for leading positions. Overall as an individual receives a college degree they will become more likely to experience job security and financial security, and this is important to most as they hope to live a stable life. In college, students are taking as many as one hundred credit hours which contributes to most also accumulating student loan debt as they try to finance their education. Even though the completion of a postsecondary education will contribute to a graduate obtaining a respectable income it may also cause graduates to suffer from high student loan debt which will negatively impact their finances far into their adulthood. R.J. Matson created the image above to emphasize how student loan debt negatively impacts student and changes need to be made to avoid stress caused by the debt.

College is a dream that almost every American wants to come true, however, with the extreme rise in the costs of tuition it is a dream that has quickly turned into a nightmare. “Tuition at a private university is now roughly three times as expensive as it was in 1974, costing an average of $31,000 a year; public tuition, at $9,000, has risen nearly four times,” (Davidson). “For the average American household that doesn 't receive a lot of financial aid, higher education is simply out of reach,” (Davidson). That is why many students have begun questioning the worth of a college degree and if the amount of debt that is received upon exiting college is all for the better. And considering that costs have risen much faster than the rate of inflation, many are starting to believe that college just isn 't necessary any more. However, according to White, economically, the answer would still be a yes. “While unemployment rates for new grads and experienced workers alike have fluctuated throughout the recession and recovery, the earnings premium that college-and advanced-degree holders enjoy over their peers who didn 't attend college has remained relatively stable, and in some instances, grown, according to the report that was released this week,” (White). A study was shown that many college grads are able to get earnings that are significantly higher than those who did not get enough education or only hold a high school diploma (White). Even

In 1976, the average cost to attend a four year public university was $2,175; today, the average cost to attend a four year public university is $25,000 (Snyder). This means it is 1150% more expensive to go to college in The United States today than it was 30 years ago. This obviously would create a problem on how we as people are going to pay for our higher education. Today college has become almost a necessity to have a satisfactory life, and with these rising prices some individuals believe student loans are the only option. There are many reasons as to why the prices have risen, but the one undeniable fact is that this has created a problem within our country. Which, is known as the student debt crisis, and it has been on the rise the past couple years. This problem is affecting people all around the United States, and is causing multitude of problems for them all because they wanted to pursue higher education. Wanting to better your opportunities by bettering yourself is not something that needs to be punished, and sadly that is what is happening. This problem is something that needs to be fixed for the sake of Americans and our economy, but will also take time and a multitude of steps to correct.

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.

No doubt, having less things to worry about will make one less burdened. Indeed, having little to no debt after I'm done with college would make my life easier and would ultimately help in many other areas, like helping others and fulfilling my dreams. In fact, having to pay student loans will haunt me until my death, or at least until I figure out a way to pay it off, because student loans cannot be forgiven. I would rather not have to deal with that headache. Although the tuition of Rose State is comparatively cheap, it still is asking a lot for a young adult just born into the world to come up with that amount, not even considering the taxes that are imbued on this too. Finally, yes I have plenty of potential, but so does every other bright

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.

The students in college today are the future of this country, and are undoubtedly discouraged by the amount of money it takes to pursue their career. Of course loans are existent, but many are denied of receiving them ergo they are forced to drop out. The future of America stands on those who are receiving an education today, but unfortunately money is a huge concern for them. In the end, the American Dream that promises equal opportunity is a lie for those who are not above a middle-class.

Back in the 1900's, receiving a college degree was not as much as a necessity as it is today. It was very rare to know someone who was attending college or was a college graduate. Today, a numerous amount of college certifications and degrees are now requirements for a large majority of careers. In the 20th century, life was a lot easier for some people to find jobs that would help them raise their family.

There is no doubt that education has become very expensive. To get a well-paying and reliable job, citizens need to have a good education and qualifications. Students who wish to study at higher education levels are now finding it more difficult to decide about furthering their education. Studies have found that the primary reason young people are not attending college is the enormous cost. Nearly three out of four college graduates have borrowed loans to cover their tuition costs, running up a remarkable debt for each student. Attending and graduating from college is still one of the best financial decision citizens can make in their lives, but the persistent rise in costs have made college a progressively worse deal with each passing