Generation Debt Summary

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.

Forgiveness of Student Loan Debt On a global scale, there is a large amount of people who are unfortunate in the sense that they are all regrettably faced with the issue of the struggle to pay for a proper education. Seeing as those who struggle are unable to pay on the spot, whether it be because they are financially independent adolescents or their families have low financial income, a majority of said strugglers resort to applying for student loans. This allows them to receive an education for the time being, but it still must be paid for eventually. As a result, every student who takes a loan for schooling will be in debt until everything that has been borrowed is paid off. Thereupon, student debt is generally defined as a type of debt

These studies have proved that college is not worth it in the long run. College graduates are beginning to have high expectations on their wages earned. New college students are losing ground on wages by the time they graduate. Many are working hard to earn a degree, going into debt, making sacrifices financially. But, the lack of wage growth is affecting them after college.

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.

In this day in age, people with children are starting to go back to college to get a better themselves, but most dropout because they have young children that needs a tremendous amount of attention and on top of working, school is just another thing holding them back from what’s really important. The issue with being a full-time student, worker, and parent is that a student may not have a suitable baby sitter to watch their child, which can have a huge issue that can make a student dropout. As stated in an article in the US News "Being a parent substantially increases the likelihood of leaving college with no degree, with 53% of parents vs. 31% of non-parents having left with no degree after six

One example of the disadvantages of attending college are most students end up in debt because of the school fees. Most college student struggle to pay the fees of college because they don’t have the money or maybe they are paying for it by themselves. Another example is attending college can bring on stress, anxiety and pressure especially to new students attending college. Attending college causes students stress, anxiety, and pressure to do well and complete the given work. Another factor of attending college is struggling with weight whether it be gaining it or losing it.

Every semester, there are an abundant number of students who apply for Pell Grant to assist them with the costs of college. Sometimes, students will not meet the financial criteria because their parent’s income is a bit too high or because of other financial factors that they will not qualify. Thus, it puts a student in a situation where they will take out student loans, that they’ll be paying for many years. Clearly, the result of being someone who has not committed a crime and works to pay for their own education, is the one that pays the ultimate price. Yet, congress wants to financially grant prison inmates a free education, while exemplary citizens are denied.

Storms also gives the story of his family using the fear of debt as an excuse to not to go to college. This is a significant issue that many students deal with today, especially since a college degree is becoming the new standard for being able to obtain employment. The amount of student loans and the numerical number of debt is overwhelming.

Overtime colleges have continuously gotten more and more expensive. 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?

Or another effect that students are not well prepare enough for the real world because they just try to get the degree to graduate and actually not learn anything. If going to college is free, it is similar of students go to elementary, middle or high school, they are just going to school and are not really think ahead of their future. But when students get to college, hopefully they are old enough to realize what is best for them. If free college could happen, students should be thankful for that and try their best to achieve what they want. College should be free because of it can makes a big effect on student 's lives.