ipl-logo

Argumentative Essay: Why Students Should Use Student Loans

646 Words3 Pages

With student debt reaching more than 1.2 billion, I think students should have a part time jobs and have a percentage of their paychecks go to paying on their loans like Village taxes or social security tax. Before student take on the responsibility, they should have a plan and stick to it. I would recommend people who don’t know want they want to be not to go to college until you know what you are going to do as your main jobs. A person who uses student loans should have a part time job. Having a job gave show the people that you are getting a student loan from that you have a source of income and they know you can pay the money back.I have a part time job as I go through high school. A job gives you money in your bank account and it can be a security blanket knowing if something goes wrong you have money to fix it. If you have a job through college and safe forty dollars a paycheck, then you can give that money to your college …show more content…

They students should have to pay their own books because that would be less money the government would have to loan a student. The student would not have to pay that much money back. A responsible student using student loans should take advantage of all the scholarship they can get so they don’t have to pay back so much in the long run. A person taking a student loans should know what they want to be so they will not have to pay so much money back. For example there is a student who knows they are going to college for four years to earn a degree in nursing so the student can become a RN. Then there is another student who doesn’t know what they want to be but know they want to go to college. The second student get a loan go to college and two year later decides to get a degree in criminal justice so he or she can work in the FBI. The second student will be paying more back in student loans than the first student because it took him or her longer to decide than the first

Show More
Related

  • Argumentative Essay: The Issue Of Student Loan Debt

    1032 Words  | 5 Pages

    According to the last recording of student loan debt, the total amount of the United States student loan debt is roughly one and a half trillion dollars (A look at…). Statistics like these present the urgent need to resolve the major financial issue of student loan debt. Solutions have been given by many people to solve this issue but most solutions fail. The main reason behind student loan debt is falling to far into debt to the point where it is almost impossible to come back. The origin behind all of this is a lack of a student loan amount cap.

    Read More

  • The American Dream: Minimum Wage In The United States

    1002 Words  | 5 Pages

    “The dream of a land in which life should be better and richer and fuller for every man, with opportunity for each according to his ability or achievement (Adams 1).” A 2002 study found that 17% of student loan borrowers reported their loans had a significant impact on their career plans.13 Today, after the economic downturn, ASA’s survey suggests that number has nearly doubled, as 30% of respondents said their student loan debt was a deciding factor or had considerable impact on their choice of career. In addition, 52% said they either strongly or somewhat agreed with the statement that their “need to pay student loan debt is hampering my ability to further my career.” One ASA survey respondent commented, “I need to have two jobs because of my student debt, and I cannot take employment opportunities that will not make enough money, regardless of the potential that they may have in the future (American student assistance 5).” Relates to definition because they need to have 2 jobs to be able to pay off student debt.

    Read More

  • Student Debt Argumentative Essay

    901 Words  | 4 Pages

    Most of my friends who are currently in college have between 5000$-20.000$ in federal and private loans. In many cases, besides for the loans, students have to work and study at the same time, which results in a stressful life for the student. In fact, many students are not able to finish their education because, since they can’t afford it, they have to work over their studies. Out of all the possible reasons to drop out of college, “the No. 1 reason many young adults drop out of college is an inability to juggle school and work” (Johnson). Finishing college is the most decisive forecaster of prosperity in the workforce and the inconsistency in college completion between children of rich and poor families duplicated since the late 1980s (McGlynn 55).

    Read More

  • Argumentative Essay: Is College Really Worth It?

    595 Words  | 3 Pages

    The value of college debt is almost equivalent to developing a small business instead “a co-founder of PayPal, will pay each of the 24 winners of his fellowship $100,00 not to attend college for two years, and to develop business ideas instead” (Source E). If more than 24 people did that for themselves, they could make a good investment instead of a risky one towards college. Wanting a higher education means that, “Students today, are taking more debt, and recently tightened bankruptcy laws make it more difficult to shake that debt” (Source E). Therefore, making a useful investment, instead of a risky one can help get rid of debt quicker and

    Read More

  • Argumentative Essay: The Cost Of College

    771 Words  | 4 Pages

    The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.

    Read More

  • College Debt In College Essay

    948 Words  | 4 Pages

    Saving up money while in high school would be an advantage and give that boost that others do not have. “...$6 per hour of that throughout high school have $24,960 in savings by then he starts college”(Steinberg 13). If a student were to start saving up while in high school they would have the money already in college and will not have such a big debt as they were to have with not saving up any money. Two jobs will also help. One job check can go to yourself and payments and your second job payment can go to college.

    Read More

  • Argumentative Essay: Should College Students Pay For College?

    1457 Words  | 6 Pages

    The older generations got taught how to save money and how to live a college life that would make them get through college with a little less debt. Now if we give them free college they won’t know how debts work and how to coop with them. College debt can teach the younger generation how to save their money and spend it wisely instead of just spending it on the newest video game console that just came out etc. To bring this to a personal level my parents told me once I got a job that I need to start saving most of the money I earned for college since they didn’t want me to have as much debt as they did coming out of college (they are still paying it today). If they didn’t tell me that I might have just went off and spent it all on objects that I didn’t need and also now I know to save money even after college for things like a new car or house once I get to that stage in my life.

    Read More

  • Student Loan Forgiveness

    1994 Words  | 8 Pages

    Loans allow receiving a college education seem like a smoother process considering that such a hefty amount to pay is divided so that it can be paid for in moderation. Despite the fact that it’s split into many payments, it’s still a large quantity all in all so unless indebted students aim for high income jobs, there would many years of difficulty to come after college. For this reason, undergraduates make it their goal to go after jobs which would prevent them from being constantly pressured to pay off debt. Thus, student debt is both a crisis and a reason to encourage persistence towards greater ambitions (Hillman, 41). It is a tremendous thing when a student seeks to be financially comfortable or even rich in the future but not when it is for the wrong reasons.

    Read More

  • The Pros And Cons Of Student Loans

    585 Words  | 3 Pages

    Unlike these perspectives, there is a perspective that states that the student loans should all be

    Read More

  • Argumentative Essay On Student Loans

    378 Words  | 2 Pages

    Student loans can be helpful, but when it's time to pay back, it can lead to future mental struggles and be stressful and hold you back from living the life you want to live in the long run. The student loan debt crisis in now only taking a huge toll on the personal lives of many Americans, but on the economy as well. Whether or not students graduate or not, if they pulled out student loans worth $200,000 they remain in debt for a remainder of years. As the problem continues to grow it becomes more and more critical to find a solution to help the well being of everyone in the nation, student or

    Read More

  • Argumentative Essay: The Rising Cost Of College

    1265 Words  | 6 Pages

    Have you ever owed someone $20? Well, imagine owing someone $100,000+ . Many students every year are left in crippling debt that can affect them for the next few decades of their life. Because of the cost of college, many students fresh out of high school can’t go to college. In order to make it easier for the lower-class to go to college, you should do at least one of the following things.

    Read More

  • Argumentative Essay On Student Debt

    1437 Words  | 6 Pages

    Yet the amounts of financial aid they receive are generally never enough for most students, and they continue to carry the debt for most of their miserable life. The ideal adult working life that most people desire is probably the one where they work hard to

    Read More

  • Rising Cost Of College Essay

    817 Words  | 4 Pages

    The phrase “education being worth it no matter the cost” has been drilled into students as well as their families. This has led to student loans eclipsing a total of $1 billion every year, and in total reaches more than $1 trillion. While most loans don’t have to be paid off until after graduation, many students aren’t able to find jobs to subsidize the loan payments once they have

    Read More

  • Essay On Student Debt Crisis

    415 Words  | 2 Pages

    College costs are skyrocketing, and at the same time we have students wanting to learn and become educated in order to contribute their knowledge to society. The student loan debt crisis is weighing upon us, so we need to reform the system. If I had the power to make a change, I would cut the costs of college education and lower student debt by a reformed banking system. One of the major causes of the student loan debt crisis is high interest rates for student loans. Too many banks offer loans and do not think how these students are going to pay back the money.

    Read More

  • Argumentative Essay: Why People Should Not Go To College

    477 Words  | 2 Pages

    In addition, many students hold a part-time job while they are in school, and some work full-time, this path can be very demanding. It can be especially difficult to juggle a full-time job and a full-time course load, and they cannot afford to go to school without working, so they find that trying to work while going to school is too much at once. For instance, people find that they need to start working immediately after school, perhaps because they have bills to pay, they have family obligations, or college is just too far out of reach financially. In other words, according to Ungar “A college education is a good thing to have, but its timing is important. Lifetime earnings will be increased.

    Read More

More about Argumentative Essay: Why Students Should Use Student Loans

Open Document