College Tuitions: Are Student Loans Worth It?

College students make roughly $1,400 a month and about $10, 200 every year. $10,00 dollars isn’t nearly enough money to pay for four or more years of college. “Making college free would have one additional benefit: It would drive the for-profit schools out of business. They now enroll 13 percent of those currently attending American colleges, or 2 million students.” Radical Futures stated in their article, making tuition free will drive people to go to college.

According to Storms, the core problem for graduating college students is debt. In the article, Storms explains how we are told that having a bachelor’s degree will double a person 's earning. Even though this may or may not be true, there is still the fear of paying back student loans after graduation. It is obvious that not every degree is guaranteed a job straight out of college in the field one chooses. Storms also gives the story of his family using the fear of debt as an excuse to not to go to college.

As mentioned previously, direct taxpayer support towards public universities has decreased lately leading to a rise in tuition prices. Universities are pressured by their boards to break even, and since student loans will just cover their price increases, they have no incentive to hold down tuition costs. That is where the solution must intervene. According to the Department of Education, public colleges made about $57 billion from tuition alone in the 2009-2010 school year. That gives the government a threshold of about $60 billion to spend on aid.

Argumentative Essay Every year in the spring time high school graduates are standing around deciding whether or not they are going to take the next step in their lives, whether or not they are going to go to college. Many people believe that college is not worth it, I disagree. College education is worth the expense of tuition. Even though you could have student loans that you will have to pay back after college, it will be worth it in the long run. After you have finished paying off your student debt because of your college classes and education that you obtained, you will be left with more job opportunities.

The associates degree at a two year community college is becoming the newest way to combat rising college costs. Students are no longer seeing enrollment as a freshman in a four year college as the only path to a degree. The stigma attached to attending community college has declined while at the same time the attitude towards the cost of attending a four year school has been one of growing disdain. My dad has attended the Bethel Park High School graduation for the last twenty-five years and he said he has noticed an obvious increase in the number of students listing Community College of Allegheny County for their post high school plans in the graduation program. The cost per year at a community college makes it an attractive option to limit the aggregate cost of a four year degree.

One of these troubles is that it makes it harder for students to get into or stay in college. More and more students cannot afford the education they need (Heuvel 1). As these students get priced out of university they generally have two options, attend a community college or drop out (Samuels 1). Community

In Rhode Island there being the location of Brown University along with many other well known schools there is a large margin of students who are not able to afford an education in a time where a college degree is key for success. For these students of whom do not fall under the circumstance where they qualify for financial aid they have to take out students loans that take years to pay off. In recent years the amount of student debt has been reaching an unimaginable amount as “Americans owe nearly $1.3 trillion in student loan debt, spread out among about 44 million... In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year” (Federal Student loan statistics). With a six percent increase in

Since college tuition and student debt keeps spiking every year, people wonder if its worth it to go and that is an enormous challenge students and parents are facing in today 's time. To change the minds of parents who say college burns holes in their pockets and students who won 't go because they don 't want to get a summer job for the next four or so years to pay off college, I say show they money, literally. If only students knew from a young age, like 13, that they should start searching for scholarships and parents knew how much scholarship money is out there, then people would realize college doesn 't have to be expensive. So say a kid named Barry who 's an 8th grader was given a presentation at his school presented by the collage board of his state, say Maine, about all the different types of financial help there is. Now Barry gets this idea that he should start looking for scholarships and applying for grants because it is never too early to do so (in some cases).

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

Being the youngest of four children it has been interesting to see the outcome of what college and the debt that build up tend to do to people. Students are creating huge amount of debt trying to get a degree so that they can have a job and life after college. But the real question people have to ask themselves is that is college worth it? To build up an amount of debt that has you working in your late fifties just to pay off the debt from college to get “started on your” life? College is not worth the cost due to a much raised price teachers and education, as well as uninsured job security.

Many people dream of a life filled with riches, but that dream is hard to obtain without a college degree. It is somewhat ironic how people dream of being a successful student and going to college but the cost of tuition turns that dream into a horrible nightmare. It is not a shock to most people when they that college tuition is expensive, but in the past few years it has increased to an all-time high. Lower and middle class students have now begun to realize that college tuition is holding them away from their dreams. Even though college tuition could provide opportunities for job creation and economic growth, tuition is not affordable for the average American household which in effect, prohibits students from taking opportunities like going to college in the first place.

It may be necessary for you to consider student loan consolidation. When you were busy in college with your studies you probably did not give much thought to the pros and cons of having multiple student loans. Chances are you took out different student loans with different variables. Some of your loans may have a fixed rate while others may have a veritable rate not only that, you probably have different repayment terms for each student loan you have. Have multiple student loans and having to make multiple payments throughout the month can wreck havoc and cost you hundreds of unnecessary dollars each month.

College student debt has reached over $1.3 trillion dollars. A question that is asked in society today is, is college really worth it? College tuition is continuing to rise as years go by and students are simply just not attending college due to it. Little do they know, there are ways around paying so much for college tuition. There are multiple ways students can lower their tuition so that they are able to have a successful career which include applying for grants,getting a higher degree, and staying in college.