Students Should Learn Not Earn

Topics: Education, Debt, Higher education Pages: 4 (1416 words) Published: April 22, 2007
Education is a luxury that many cannot afford. If you want to study, you have to pay for it. Once the poor knew their place and it wasn't in the classroom. Today that no longer applies. We are told we have a choice and that education is freely available. Debt, however, seems to be part of the student's lot. For those that have chosen to study and go onto higher education there is a high cost to be paid. The average student debt today is more than ten thousand dollars. Increased tuition fees, high living expenses and the day-to-day charges mean that many students cannot afford to realise their dreams. The reason is simple. To study means costly loans, high interest top-ups and credit card debt. Many students are forced into bankruptcy before they have even begun their full time working lives. Our students are forced into low paying jobs to subsidise their education. Many Governments agree that students should work no more than ten to fifteen hours a week at these jobs. The reality is that many students find themselves having to work 40 hours a week or more in order to survive. Even this is not enough to offset the rising tide of debt. Students shouldn't have to work this hard. They shouldn't have to get into such huge debt. Yet for many there is no choice. That is the harsh reality. Tuition fees, subsistence money, the loss of income whilst studying all mean that for many students continuing education is often a debt ridden struggle. Many thousands of students will never complete their studies. They will never realise their potential. The cost to the taxpayer is millions of wasted dollars. We live in an expensive world that demands you pay. Students burdened by debt do not make good grades. Often they cannot afford to finish the path they have chosen. Worse still the pressures of work and study combined not only cause many to fail. Many who get this far find that they are unable to begin to repay the loans taken out. In the U.S. students default on $3 billion...
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