Student debt in on the rise. It arises from the increasing college tuition costs. It makes college attendance prohibitive to many people. Additionally, it translates to a higher student loan debts. College is expensive, to a point that many people consider it a dream come true to attend college. The current developments in the world mean that there are an ever-increasing number of new courses. Moreover, the costs are on the rise to remain current with educational developments. Individuals who are disproportionately affected include people of color and the poor.…
The College Debt Trap is written by Janet Bondar. It is a entry on the yes' and no's of college tuition and payment, as well as a couple tips and tricks . This entry by Janet B. is somewhat diverse and will be divided into three different parts. An over all interpretation and opinion of the writer of this analysis will be understood by the reader at the end of this entry. The author of The College Debt Trap is giving very helpful advice to teens and their parents about considering college.…
In October of 2013, 65.9 percent of high school graduates enrolled in college compared to the previous year of 66.2 percent (Bureau of Labor Statistics). However, in recent years many high school graduates are finding themselves hesitant on deciding whether or not to pursue higher education. Although this can be due to a variety of reasons, I set out to discover one in particular, the alarming cost of student loan debt. Each year the rise of student loan debt has become an increasing concern for prospective students because of the growing pace of college costs and reliance on loans to finance these costs. As a result, the rate of defaults is also increasing among students due to many loans going unpaid. Although there are various types and…
Wilson begins with stating a possible “…national crisis: Student loan borrowing that is threatening the financial future of today’s college students” (256). In other words, Wilson’s statement issues that student loans are beginning to get out of control. On the other hand, many other people borrow an acceptable amount of money, are able to repay it, and become a better person by getting a college education. According to Wilson, “More often, the problem among students who go heavily into debt is that they are determined to attend their dream college, no matter the cost” (257). Wilson’s point is that it may be the college itself that is In Robin Wilson’s article A Lifetime of Student Debt? Not Likely, Wilson compares on how even though student loans can get out of control; they do not have to affect the rest of a person’s life. Wilson begins with stating a possible “…national crisis: Student loan borrowing that is threatening the financial future of today’s college students” (256). In other words, Wilson’s statement issues that student loans are beginning to get out of…
The author in summary is saying that the weight of loan weighs heavy on the college student and college graduate. This binding of payment causes many of hem to drop out because they are forced to choose between their families home and their university Christine Hill say’s the choice is clear. But getting through school is the least of their problems, once the graduate, the author explains that the pressure from creditors grows and they are stuck with a tuition to pay for possible decades. Christine Hill, the author, is a new personality on the National Public Radio on of the most renowned radio stations.…
Student debt is a huge concern amongst college students, especially those that attend Rutgers University.…
A large number of college graduates argue that their loan debt is comparable to a life sentence. In the article “A Lifetime of Debt? Not Likely” by Robin Wilson, argues that the college loan debt is not always as severe as some say and it almost always pays off in the long run. The article by Robin Wilson is effective in convincing the audience that taking out college loans in beneficial in the long run because she uses specific examples, logos and pathos appeals, structure and style to convince the reader to agree with her argument.…
Reed Curtis is a graduate student in the Higher Education and Student Affairs program at the University of South Carolina. He is also employed at the National Resource Center for The First-Year Experience and Students in Transition. He can be reached at curtisrt@gmail.com or…
What did you find about student loan repayment plans? I found out that there are interests rates that cling to the loan and also you should pay…
When it comes to the topic of nutrition, most of us agree that in order to live a long healthy life one must eat right and choose nutritious alternatives to preserved and fast food products. The incredibly complicated and confusing question of what we humans should eat in order to be maximally healthy is a huge problem that lingers in our every day lives. In recent discussions of nutrition, a controversial issue has been whether obesity is determined by the food industry or the way we eat. Some are convinced that trusting yourself and your body will lead to better choices, others argue that eating food in moderation and more fruits and vegetables is the path to choose. In this day and age, there are many different debates on what one can do to eat healthier and make better decisions in regard to diet. Many people have proposed their own theories and advice on beginning a healthier lifestyle, such as Mary Maxfield and Michael Pollan.…
There are many people who want to attend college but struggle with the expenses. Attending college and graduating with a degree will help people live comfortably and achieve their dream job. Many good paying jobs usually require a degree of some sort and people attend school with the help of borrowing money which puts them in debt. School debt piles up after each year of school a person has attended. The problem of college debt has several solutions, and one is superior over the others.…
“It’s just extremely disappointing and aggravating to have paid all that money and have nothing to show for it other than debt.” proclaimed Michelle Polyakov, an English graduate from Drake University. Polyakov obviously feels that college is not worth the cost and that all someone has to show for the education is debt. College has been deemed, by some, that it is not worth the cost because of the financial loss, the future job security, and the need for “blue collar” jobs. Finances, job security, and the need for manual laborers are all major factors in the debate of college and its cost. The reason being is because not all people are meant to go to college, or their situation just isn’t ideal. College is a privilege, and not every job requires you to have a higher form of learning, but most do. By viewing the debt of a student after graduation, the job security of graduates, and the need for manual laborers, one can infer that college is not worth the cost.…
Out of all the students that go to college more than half of them are in debt after graduating. In high school all you hear your senior year is “you need to do this in order to go to college”, “you need a degree to get ahead”. You work 12 years to get a diploma and then get told that in order to go “further” or “do better” you need a degree, but what they don't tell you is that you will most likely be in debt for the rest of your life.…
“You’re 18 years old, now move out.” For some teenagers coming of age, this is one of the first things they hear after blowing out candles on there birthday. But is 18 years old to young? I had to make a choice, either move out as soon as possible after finally being able to buy lighters, or stay home for a while and go to college. In the article “Generation Debt” by Anya Kamenetz, the author states that “...five milestones of maturity are: leaving home, finishing school, becoming financially independent, getting married, and having a child” (Kamenetz 148). So as an 18 year old, looking at this list of achievable goals, I have to choose the best possible path for helping me complete everything. I think staying home, living with mom and pop or whoever it is, is the best decision to can make while you’re trying to complete your schooling. If a student has to worry about focusing on paying the bills while trying to focus on what they should do for homework every night, life could get in the way of school. Money doesn’t come easy, and in a tough economy like ours, it’s difficult for someone fresh out of high school to jump on the work force train while trying to focus on getting a better education to possibly help them further themselves in the future. Students should focus on their schooling before everything else, it’s what will help in the future so they can achieve the “five milestones of maturity” previously stated. Staying home for college students is better simply because they will be able to save more not having to pay for living, and will allow for students to focus on themselves and find out what they actually want to do with there life.…
This year the average college student will graduate with at least $20,000 in student loan debt (College access and success). For years higher education has been worshiped with God like influence as a way to escape poverty and attain a career and live the American life. With the rising college tuitions it has become increasingly harder for the middle class to afford college and reap the benefits. Seven out of ten students, will have a burden over their shoulders for years to come as to how to repay the debt. Debt is no respecter of persons: business owners, single parents, teachers and seniors to this day are still constantly bombarded with debt.…