Persuasive Essay On Student Loans

Words: 396
Pages: 2

Student loans are not a good idea. Student loans give you thousands of dollars in debt that start only six months after you finish college. This debt that piles onto you will be hard to pay off and it could hinder your abilities to do the things that you want to do. They will follow you everywhere, even through bankruptcy. You will never be able to escape from them.
Student loans drown you in mountains of debt. Only six months after you finish college you are expected to be able to pay them. This is assuming you have found a job in your career field. If you don’t find a job in your career field, then you will have to find work somewhere else just to pay the bills. This could put you in a low income job, and when faced with these mountains of debt you will not be able to repay them.
Student loan debt is hard to get rid of and it can mean that you can’t do some of the
things
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Say you have ninety thousand dollars in student loan debt. Your monthly payment for a time span of ten years with an interest of about 4.66% is around seven hundred and eighty four dollars and ninety five cents, and by the time you get done you will have
Randolph 2 paid your initial value of ninety thousand dollars and an additional four thousand one hundred and ninety four dollars in interest.
Some people would say that student loans are good, and that they help you get through college. However, I have come to believe that in reality they just create a big, unneeded, unwanted mess. Student loans are more trouble than they let you know. It’s easy to just sign a paper, but it isn’t easy wasting your life and your money just to pay back a student loan.
Student loans are not a good idea. They don’t help you. All they do is create piles of debt that you will drown in six months after college. They just create mountains of debt that you spend forever trying to repay, and in the end you pay more than you really had to. Make the smart decision and don’t get student