Financial Debt Scenario Analysis

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An Examination of Three Future Worries: Financial Debt, Career, and Business Relationships

The first category of future worries would be my current financial debt situation. I am a student that has a lot of student loan debt, so I will need to be conscious of these paying off these debts in the future. The rising cost of collegiate education has become a major issue, which often makes it very expensive to go school. I have to pay for tuition, books, and housing, which make it possible for me to attend college full time. More so, I have to pay for my automobile insurance, which is also a significant cost for my budget. The cost of education, however, does not include things, such as clothing, food, and other necessities of life that also
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I have chosen to study English composition and literature, but what types of jobs does this major offer after graduation? Of course, I could become an English teacher or a professor, but these positions are scare in the current job markets. I know that I will be an excellent writer in the future, but I do not think that it will be a feasible profession to pay off massive student debt loans. I have often heard of former English majors not being able to find lucrative jobs, which makes me wonder about the career option of teaching. Also, I do not feel that I would be a good teacher, so I am also worrying about that option as a future choice. I am not a “people person” with a career mindset for teaching, so this might not be a good idea. In fact, I do not have very many “good ideas” about my future career options as a specialist in literature or English writing. These career options are causing me a lot of worry, since I am currently in great debt. I really need to think about career options to lessen my worries about this aspect of my professional…show more content…
In school, I have made a few friends that might be able to get me a job in the future, but I am more prone to be a loner on these matters. I really need to stat thinking of my future relationships with other people, so that I may be able to build better job opportunities after I graduate. Don’t get me wrong: I am a good friend and a good “team player”, but I simply do not have the “right friends” in the “right places.” This is a worry that I need to resolve because I, naturally, want to become more successful and make strong business relationships in the community. Recently, I was able to talk to my student advisor, and I hope to get some help with this issue. I am terribly worried that I will not be able to get the right job to pay down my debts. The student advisor also acknowledges the limitations of being an English Major, so I really need to start worrying about my future business relationships as a way to compensate for any professional

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