Preview

The Application of Study Loans

Satisfactory Essays
Open Document
Open Document
321 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Application of Study Loans
The application of study loans

The chart shown that as increasing for study loan among students. The years of applications for study loans is from 2004 until 2008. This chart is too closely related between the applications for study loans and the reason for applying for study loans. The applications for study loans are including male and female students.

There are many reasons for students who wants to applying for study loans. Firstly, the comparison year from 2007 till 2008. It is show that were increase. This is because students wants to be independent if they get the loans. They think that they will not pester parents for wanting to be independent in the pursuit of our own future without make life difficult for anyone. The same time, the money they get, can be used with thrifty.

Secondly, the year difference between 2004 to 2005. It is show that the number of students were increase. This in turn is caused by students unwilling to work and study. Additionally, reduced application rates because students are not willing to work and study. Such a case because the students do not want to work and at the same time want to learn. For them, it's hard to juggle work and study. That is why students need applying for study loans to continue their education.

Thirdly, the year 2006, it is show the number of students is remain constant. This caused economic downturn. Parents retrenched and need money for other purposes. Thing like that, too, who had to apply for a loan cause students to continue studying. Such a case, can help students who need the money to continue his studies and purchase the study.

In a nutshell, based on the chart show that many reason in application for study loans. Beside that, parents do not have the means and other factors also the reasons for applying for study loans for students who

You May Also Find These Documents Helpful

  • Good Essays

    Chiefly, one's finances causes stress. Attending college could be challenging . The race has started and it's up to you to make it to the finish line. It's difficult to stay on track when you are on your own without the assistance of mentors to keep you on your toes. Students often fear having to drop out. I have a friend in college with this situation. She was facing the dilemma of drop out…

    • 293 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Student Debt Essay

    • 1397 Words
    • 6 Pages

    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.…

    • 1397 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Comparison between Q6.1, 2, 3, 6 and Q13 to analyse the other reasons and local and international students…

    • 7490 Words
    • 30 Pages
    Powerful Essays
  • Powerful Essays

    Annotated Bibliography

    • 551 Words
    • 2 Pages

    Although TG admits that borrowing loans is a beneficial long term investment, in the short term, student loans may burden the borrower. TG expands upon that idea by discussing the degrees that are more likely to earn more and how that may affect the students with the loan debt. As there is a greater competition for jobs it may be more…

    • 551 Words
    • 2 Pages
    Powerful Essays
  • Satisfactory Essays

    In this article it talks about the rise of tuition and fees and the fact that financial aid and income are not able to cover the cost.…

    • 77 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Applying for college is a long process and is very expensive. It requires a lot of time and planning. Over the past 15 years, the average tuition for college has doubled. College tuition continues to rise and less money is provided for a higher level of education. Taking out loans and borrowing money from others is the easiest and most common way to pay for college and puts the student in a difficult situation, owing the amount of money that was taken out and the additional interest.After graduating, most students are in debt and have to pay the money back. To resolve the problem of student debt, there are several ways to approach it such as, applying for scholarships, working and saving paychecks,…

    • 755 Words
    • 4 Pages
    Good Essays
  • Better Essays

    An Essay on Student Debt

    • 1852 Words
    • 8 Pages

    The increase of student debt is related to the students taking out more private loans in order to pay for college.…

    • 1852 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Outline College Paper

    • 931 Words
    • 4 Pages

    Paying for college can be a hassle at times. The government who disburses financial aid and grants only looks at the attending students family wealth but never the bigger picture. For instance, if a family made seventy thousand dollars in a year but three fourths of that money went to payments and other needs, the government does not see that therefore they do not take that into account that they cannot pay for their student/s college tuition. This forces families, if not the student themselves to take out loans even though they have no idea what the future holds for them. After taking out loans there would be interest added to the loans every year if not paid in full at the certain time. If the student graduates from the institution they are not guaranteed a well paying job or career right away. Even if they did land a job or career it might not be to promising pay wise.…

    • 931 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Student Debt

    • 621 Words
    • 3 Pages

    Student debt can include tuition fee and maintenance loans issued by the government, personal or bank loans taken out by the individual to help pay towards their course or living fees, or even personal spending and accounts that accumulate throughout the three years. Loans issues from the government are transferred to students directly, and/or to the university/institution to pay for course tuition fees and living expenses ranging from rent payments, to general household bills. These types of loans can be means-tested, allocated, and then paid back…

    • 621 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Student Debt In College

    • 458 Words
    • 2 Pages

    Generally, these financial burden immobilizes students, which cause many to drop out. That’s how the “Money Smarts Team” started many university officials had concerns about the amount of graduates walking away from diplomas with notable amounts of debt. That created the group of students to provide basic financial management and borrow money efficiently. It also assembles their reality of how life…

    • 458 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Essay About College Debt

    • 816 Words
    • 4 Pages

    The greatest issue in society today is that college students begin to realize that they are in debt once they finish school. Nobody has been able to prevent this issue and college debt continues to increase. Students are facing consequences due to the fact that they are thinking ahead. They just decide to get a loan in which they don’t realize all the money that they are going to need to pay back.…

    • 816 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Student Loan

    • 745 Words
    • 3 Pages

    While the student loan debt is increasing the more financial problems student may have. This leads to a higher amount of student that could not afford to pay their student loans. Financial Aid is one of the government programs that can support student lessen their bills in school. In order to be qualified to these program the student should have meet the requirement. For example, FAFSA is one of the Financial Aid programs. In order to be qualified to this program the student must be independent from their parents. Based off my personal…

    • 745 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Benefits Of Student Loans

    • 830 Words
    • 4 Pages

    Student loans are an often unnecessary burden of today’s society. There are many reasons to not get into student loans; firstly, a student can simply avoid applying prestigious college that they are not able to afford. Secondly, many students believe they will graduate in 4 years when often just one in three students end up graduating in 4 years so they must take into account how long it will be before they actually start working. Lastly, students usually fall into the trap of believing they’ll be able to pay off the loan as soon as they get out of college. All of these reasons help prove that Student loans are not beneficial to any student no matter how good the interest payment may be.…

    • 830 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Senior Year Benefits

    • 478 Words
    • 2 Pages

    Senior year is full of making decisions and wondering if they are the right ones. One question that many of us ask ourselves is, do I need to take out a loan to go to college? It is not necessary to take out a loan for college. Paying with cash is the best option! Impossible? Not so much. Want to know why student loans should not be used? Two reasons they should not be used is that you have to pay interest, and they may take years to pay back, but it may be the only option for some people.…

    • 478 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Student Debt

    • 1379 Words
    • 6 Pages

    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…

    • 1379 Words
    • 6 Pages
    Better Essays