Students are often exposed to all sorts of financial problem, as students from primary to secondary school and so on. Some of these problems include their self’s problem that can make their own financial in trouble. However, the most crucial problem among students nowadays is didn’t have enough money to survive their life at University because of some factor that can influence their life as a students. There are problem that student face in their financial it is lack of money and the solution for this problem is student’s awareness.
The problem that students face is they don’t have enough money to continue their life at University like others people. It is because of students too trendy, such as they always want to buy a branded things because of their friends buy it. For example, fashion is synonym for students. They want go to class with style, so they have to spent their money to buy clothes and other things that can make confident to go into class. Besides that, background family play role in determine student financial, students who are poor family didn’t have money to help student when they are in need. Student can’t buy book or other purposes because they didn’t have enough money to buy this book and some of them have to borrow with their friend to study. For
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When we know how to control our money, the financial problem can be overcome and students has enough money to survive at university and don’t have to think about it. As a minister of education, they should take appropriate action to reduce the cost of university studies so that students can avoid a shortage of funds such as students need to pay registration fees with low cost and give a loose to students who are didn’t pay for fees to continue their studies based on their
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.
Currently, the U.S. has accumulated roughly one trillion dollars worth of debt from student loans. (cite) But, what if student debt was forgiven overnight? Now if student debt was eliminated all at once it would be an enormous expense for private lenders and the federal government. Yet, people continually suggest the dissolution of student loans with a one-time payment plan from the government.
In such situation, many intelligent and hardworking students miss out on studying in a reputed university due to lack of funds. Most college students have to rely on their part-time and are full-time jobs to pay for the educations, and also to be able to pay for all necessary books and classes that they are required to take. However, these jobs take time away from the student’s study time. If free college tuition are given, students would have more time to educate themselves instead of being tired from time consuming jobs. They won’t have to worry about money or time at all.
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.
And in between, students are driven to take low paying and high paying jobs against their own consent, their interests are altered, personal decisions must be taken according to financial situations, and people dare to reject education (Choi, 32). Student loan debt weighs on billions of shoulders in the world and it is nearly impossible to be oblivious to all the harm that it has done and all the factors it takes part in affecting that it shouldn’t. If awareness could be raised and colleges would only consider to at least reduce tuition rather than eliminate it, that would still help do the nation well and commence improvement. An education must serve to inspire imagination and to motivate creativity in as many fields as possible. A society that is excellent is a society that presents opportunities for each and every member.
Student loan debt loads have been spiraling, doubling over the last decade, and the enrollment rates of young people from lower socio-economic groups are rising far slower than middle and upper groups. Governments must recognize the renewed public investment in post secondary education is an economic and social imperative. 6.7 million borrowers in repayment mode are delinquent (Snider 1). The sad fact is that many lenders aren't exactly incentivized to work with borrowers. Unlike all other forms of debt, student loans can't be discharged in bankruptcy.
In today society, people have placed a high value on education; many believed that with a higher education they could obtain a better job. Many jobs are now requiring employee to have some sort of educational degree. The cost of college has increase 3 times faster than inflation (Baum, Payea 7). Financial aid is defined in the Merriam-Webster as “money that is given or lent to students in order to pay for their education”(“Financial aid”). As a result, many students have to rely on financial aid to pay for their college expense.
The cost of college tuition is an enormous problem now days. For a long time, the subject never got brought up and today things are changing. Students study hard and try their best to get that college acceptance letter from their dream college. Students all around the world are struggling with college debt and trying their hardest to receive those so-called ‘perfect’ grades. However, college tuition is not very affordable and is increasing every year.
Several college students deal with monetary obstacles every week. They have to deal with college books, meals, and dorms or apartments before they can even think about having any money left over for fun activities. College books, meals, and having a place to stay are all monetary obstacles because college students have to make tough decisions to get over these humps. Such as if they should choose a cheap apartment so they can have extra money for fun and risk having bad off campus living experience or choose a moderate to expensive apartment for a good off campus living experience but risk having potentially no money for fun at all.
Student debt is one of the biggest issues that people are struggling with. Especially for those graduates whose major does not guarantee a stable job due to the limited amount of job positions, such as art history and music majors, many of them end up being a freelancer because job unavailability. Governments often encourage the citizens to spend more and help improve the economy, but how could the citizens help when they don’t have the spending power due to the heavy student debt that they are carrying. A good way to improve the economy is by solving the issue of student debt. With the help of the “Organ for Ed” program, both the job seeking and economic problems would dissolve at once.
Student’s Name Professor’s Name Course Date Why College Tuition Should not be Free Introduction Education is a major driving force for a country’s economic, social and political development. Every youth desire to attain a college degree as it offers many opportunities to the graduates. Higher education is however very expensive and hence reserved for the privileged families. Making college education free would however not be the ultimate solution.
Finance is a subject that is a relevant to everyone in the world. Nobody is immune to the effects of finance. It doesn’t matter if you are pursuing a financial career or not. Everyone from garbage truck drivers to prominent CEO’s of fortune 500 companies worry at least once in their lives about their financial situation. Amidst the
Students face various challenges throughout their college career. Thus, the problems that students have can range from balance, new lifestyle, to financial problems. Therefore, finding a balance between being a student, possibly working, and keeping up with their social life is a necessity. Similarly, others are away from home for the first time thus, they have a new responsibility with being on their own and findings ways to deal with homesickness. Likewise, being exposed to new financial situations is yet another challenge college students will need to learn how to cope with.
In recent years, the number of people who have been attending university greatly increased, consequently, arguments have continued as to whether students should pay for this prerogative or not. With no doubts, everything has its two sides and the problem of whether the university fees should be paid by taxpayers or not is not an exception. Still, there are people who believe that authorities should take the responsibility for funding the university fees. However, others disagree and opine that it is solely the responsibility of students to pay for their higher education that is in a direct connection to their prospering future career and life in general. In this way, it is important to review both sides of this controversial question.
Several studies have been done to identify problems that affects student’s academic performance. The students’ academic performance depends on a number of socio-economic factors like students’ presence of trained teacher in school, teacher-student ratio, attendance in the class, sex of the student, family income, mother’s and father’s education, , and distance of schools (Amitava Raychaudhuri,