Why Is It Important To Be In Debt After College

We are told to “go to college” by family, media, and teachers, but we are never given an explanation on why it’s important for us to get a higher education. The importance of higher education is so we can obtain a career that can support our needs and wants. It’s also important because it gives you an advantage when trying to get a job. Employers require a higher form of education, which is necessary for our society to advance. There aren’t many jobs that accept people with a high school diploma as their highest form of education. Employers want people that know what they’re doing, and so does our society. In order for people to go into the career field they want, they need to go to college to learn everything that comes with that career.

The author raises many key points that I find to be all valid. As an avid believer of college education, I find value in it and that is why I am currently attending university. There are a myriad of claims and stories of people who have succeeded without a college degree, and therefore argue against its necessity. However, in reality, such cases are rare and

College is not for everyone, nor is it required for a lot of jobs today. A reason that people do not necessarily have to go to college is because most jobs today don’t require going to college. Last year, “according to the federal reserve bank of new york, 46 percent of recent college graduates were in jobs that don’t even require a college degree.” This is saying that majority of those that went to college wasted their time and money for something that was not needed. The more people waste their time, the longer it will take to be successful. This is one example that supports why college is not necessary.

College isn’t for everyone, and a reason behind that is because the career you might want to enter doesn’t need a college graduate diploma. For example myself I’m not in college, I am in a free vocational school for welding and going through this line of work I will be able to make a lot of money over the years doing it. Another reason why I don’t think college is for everyone is because a lot of people go to college and manage to find themselves in debt because they couldn’t afford college themselves and pulled student loans. Also following that the career that they are preparing for most of the time doesn’t end up making enough money to get themselves out of debt and that isn’t good whatsoever. The only reason why I think that people should

The Case Against College, a paper written by Linda Lee, talks about the disadvantages of college, and how she doesn’t believe that college is worth it. She provides many good points pertaining to why she believes college isn’t worth it, such as providing statistics of the amount of people who get bachelor degrees or higher. She explains that as her son was going to college, she soon asked herself if he was really getting $1,000 a week's worth of education. Although Linda Lee has many good points, I would have to disagree with her about how college isn’t necessary. College shouldn’t just be seen as going to learn, it is also a big experience.

In less than a decade the loan debt has increased tremendously by 56% and there will be a greater increase as the years go by. According to The Institute for College Access & Success they found out that at least 70% of students graduate with a loan debt of at least $28,000. The average median income household earns $56,000 in a yearly salary, however, a low income family of four only makes $24,000 a year. According to the college board it cost $17,000 a year which covers tuition, fees, room. For many students that is almost impossible to pay because they have other expenses to pay besides school.

The number one student in college is obtaining too many credit cards. While "charging it" can provide them instant relief in times of need, many students exaggerate while in college. This turns out to be harmful in the long term for a college student. Let’s be honest, the interest is added up quickly and I do not know any credit card that accedes it until after graduation as federal student loans. In my opinion, it is a bad idea to use a credit card in every situation that a student can escape. Finally, this debt can increase and force a student to divert their educational focus to focus on paying the debt that they owed. The college student must know how to manage their student loan or get help manage the financial goal. Borrow the student

To begin the argument it should be known that society benefits from college educated individuals. One aspect of college that is repeatedly overlooked is how it can shape one’s mind and allows them to think in entirely new ways not only critically but creatively as well. In fact, according to a report issued by the College Board in 2007 states that “those with a bachelor’s degree, are more likely to volunteer, vote, exercise, and have health insurance and pensions.” (Lewin 18) These are all qualities that make a human being

They borrow to pay for tuition and room and board. Because of the day time schedules that many college programs require, it is hard to find a decent job with flexible hours that can pay their bills.

In today 's generation a college education seems more like a choice than a requirement. From the time we enter elementary school we are being prepared for college. In this society Education happens to raise a lot of questions, for instances; “are people going to college to gain knowledge or for a good paying job?”, “with today 's technology is a degree essential to ones life?” and “ is school meant for everyone?” Education has a lot of connotations behind it which causes debates. The American society and students should be for college degrees because it expands academic knowledge, global exposure, and career preparation.

Do you know the average debt for students that graduate from college? The average debt level for all graduating seniors with student loans is around 29,400 dollars and has not stopped increasing ever since. Unfortunately, many people try to avoid college due to a lack of academic preparation or the lack of financial resources. Even though avoiding college may seem right economically speaking, it will limit your options when it comes to deciding on a career. As to why their are several solutions to limit debt such as scholarships, working to save, or attending a community college; however, one solution is superior to the others.

One of the most difficult parts of college is paying it off. It is crucial to have the least amount of college debt as possible so one is able to live their life without worry of having to pay it off for years and years. Living in a house hold with a single mother can be difficult when it comes to expenses. With less money a key part of being able to pay off college is by saving money.

Many experts believe, as college and university enrollments mushroom and tuition rates soar, the crises of student debt in the higher education system will continue to grow. College tuition from 1982 through 2005 exploded 375 percent, nearly four times the inflation rate, and continued to rise four to eight percent every year since. As a college education becomes more unaffordable, many are left searching for other means for paying for a college education such as, federal grant and loan programs as well as private loans. Meanwhile, low income families can expect to receive some aid to help with cost of tuition, it does not always cover all the cost. Consequently, middle income families are usually just outside the aid income range and will usually have to pay the entire cost of tuition themselves.

     It seems in the society we live in today, having a college degree is a necessity. Years ago it was the norm for people to just go right into a full time job after high school, if they even finished high school; they did this to support their families. In today’s society a person has a difficult time getting a decent job without a college degree. During an adults working life, bachelor degree graduates will earn about $2.1 million and a high school graduate can expect to earn an average of $1.2 million (Day and Newburger, 2002). This is quite a difference and it puts a college education in

Over a hundred years ago Andrew Carnegie, one of the most successful richest man in America thought; aside from college being unnecessary it is actually detrimental for the average young man. Only 4% of young people attended college at the