Essay On College Debt

College debt is one of the worst debts that you can have because even if you declare bankruptcy you still have to pay the money back. Once there was a man who went to harvard college and he went to be a policeman. little that he had knowed that he was 86,562 dollars in debt and could not pay back the money because he was so much in debt that he declared bankruptcy and lived his life for a while till he tried to buy a new car and found that his credit was bad and that he had not made payment on his college debt and he went through a private loan and now he owns around 100,568 dollars in debt. The story that you should take away is that do not stop paying your college debt. Student loans are the leading cause for college debt. The reason that they have to take out loans is that they are from a family that can’t help pay or they are unable to pay for college. Most time the debt is a hard thing to avoid because now many colleges prices are extremely high and many family are unable to afforded what the college want. The lower class is the one that are the most affected by the rising cost of college debt because they come from families that have low incomes and is harder for them to pay for college. Not paying for your debt is not a good thing to do because you can lose credit and make it harder for
many have done this because they are unable to pay for college and this one girl in college made a club to help her friends to pay for their college education(Article 2). Many families are trying to get there student money to have a better life than they did because they believe that they should have the right to what they