College Debt Essay

Words: 762
Pages: 4
Open Document
College Debt Essay
Just out of college, you are searching for a job despite your lack of experience. You are engaged and soon to be married and your decisions will begin to affect more than yourself. After putting so much work into earning a degree, however, you find yourself loaded with debt from the expenses of a university which can limit the chances of buying a home, car, or other necessities for your new life as a self-sufficient adult. Every year, another group of graduates face the same problem – financial insecurity due to college debt. It seems nearly unavoidable for many people without having scholarships or aid, whether it is government or parental. As of last year, Americans owed nearly $1.3 trillion in student loan debt, spread …show more content…
However, in common problematic cases, this does not apply to certain individuals who may have left college before graduation meaning ‘debt without a diploma’. While rarer, concepts such as this leave said people paying more to get less, struggling to get a job and not being able to make ends meet without the proper education. This may throw off many statistics because of the investments in unfinished college, leaving graduates with even more debt than we …show more content…
Many might state that the government should provide more funds for education by simply raising the taxes of working citizens, but others disagree because this favors those in poverty but puts a strain on the middle and lower class. Though it is commonly the only solution addressed, there are many more in reality. Instead of raising taxes, funds could be transferred from government assistance or ‘welfare’ to paying for lower and middle class students’ college tuition. Once educated, the students would start a career, even if working in an entry position, to start a life to pull them out of the devastating poverty cycle where they would previously have had to choose between a poor paying job or a decent paying job but being in debt. Solutions like these that are also for the betterment of our country are often overlooked and should begin to be
Show More

Related Documents: College Debt Essay

Argumentative Essay: The Problem Of College Debt

her college debt. To help pay the college debt off Kelsey is working two restaurant . Jobs and is giving up her apartment to move back in with her parents. “As an 18-year-old, it sounded like a good fit... I knew a private school would cost a lot of money... when I graduated, I'm going to owe like $900 a month.” Poor Kelsey. I wonder what she's going to do after graduating? College debt is the problem for most college students and that's most likely why student don't attend college. College debt…

Words 690 - Pages 3

The Myth Of The Student Loan Crisis

The amount of debt college students are acquiring through loans is higher than ever before. According to statistics given in the introduction, “[o]verall student debt now tops $1 trillion, making it the single largest source of consumer debt” (citation). This fact alone is enough to make young adults filled with potential second guess the decision to go to college. Although some students pay for college with grants, scholarships, and out-of-pocket money, most are left with the harsh reality of taking…

Words 505 - Pages 3

Student Loans In America

This probably is the largest debt in the United States, so it’s become a wide issue for the country. The impact on student loans debt to economy of America is seriously, and it could affect the macro economy of The United State. In his article, “Forgive Student Loans?” by Richard Vedder is the worst idea by creating the loans. However, Richard Vedder’s essay has a lot of flaws and not evidence. First reason, we have a problem with tuition in college and bachelor degree is not worth it. For instance…

Words 551 - Pages 3

Liz Addison's Two Years Are Better Than Four

this analogy to community college, Liz Addison shares a similar opinion in her essay “Two Years Are Better Than Four”. Addison explains that community college is a place for growth and firsts. Addison claims “That is the understanding—that you will grow up a little bit with your first English class, a bit more with your first psychology class, and a whole lot more with your first biology, physics, chemistry” (Addison pg, 257). From the viewpoint of a former community college student, Addison has the…

Words 717 - Pages 3

Argumentative Essay: Should College Be Free?

With the rise of college tuition, college education has turned into more business profits through government funding versus the priority of giving students knowledge that they can carry on into their career field. In this essay I am going to convince you that college should be free because everyone cannot afford a college education, the substantial amount of student debt, and without college education you would be limiting your career options. Being able to receive free college tuition would be very…

Words 596 - Pages 3

Argumentative Essay On Student Loans

to carry throughout their lives, it should be an easier process and at a lower cost for students. Student debt has long lasting affects on not just the student who attended college but also their family members. Throughout this essay, their will be an insight to how student debt came to be, how it affects every individual involved and what solutions have been brought up to solve student debt. History of Student Loans Student loans were not made available for most of the history of higher education…

Words 2019 - Pages 9

Young Adult Courage Essay

high student loans and easy to attain credit has programmed this generation to acquire debt early. This leads them to accept debt as a way of life as they are catapulted into a vicious cycle of repayment and survival; all while being criticized by the generation before them. Throughout the excerpt, Draut has proved her credibility, aroused the readers’ emotions and exhibited logic thus producing an effective essay. At a national think tank, Demos Research, Draut holds the title Vice President of Policy…

Words 1006 - Pages 5

Student Debt Benefits

graduating college, people dream about traveling, starting a family, and just living their life. Whether it’s going to Europe or buying a house, there is one thing they both have in common, money. While in college, most students work part time jobs for typical expenses such as food and gas and if they’re smart, put some back in savings, so when they graduate they’ll have some to help them out until they start their full time job. However, many times there comes a catch. Instead of having college paid for…

Words 663 - Pages 3

Two Years Are Better Than Four Analysis

common today to dismiss that community college is a convenient place to make your profession dreams come true. In “Two Years Are Better than Four” there is a counterargument on the values of community college. On the one hand, Mr. Perlstein argues that community college doesn’t have the same values as it had before. On the other hand, Liz Addison contends that it still matter. Addison completely disagree with Mr. Perlstein’s believes because community college is an affordable place for students with…

Words 635 - Pages 3

American Revolution and College Board Essay

STATES HISTORY 2012 SCORING GUIDELINES Question 2 Analyze the effect of the French and Indian War and its aftermath on the relationship between Great Britain and the British colonies. Confine your response to the period from 1754 to 1776. The 8–9 Essay • Contains a clear, well-developed thesis that addresses the aftermath of the French and Indian War and its effect on the relationship between Great Britain and the British colonies. • Develops the thesis with substantial and relevant historical…

Words 1599 - Pages 7