Jeffrey Williams Debt Education: Bad For America

Many Americans believe they can not graduate college debt free. They, in turn, take out student loans that in the long run will cause debt to pile up. Many statistics show the negative effects of student loans. This helps prove the idea that student loans are, in fact, are a major factor of high levels of debt. Also student loans and debt can be avoided with financial aid programs along with grants and scholarships.

a similar group in 2010, found more college correlated with less dementia” (Belluck). This shows that college can have a beneficial impact for mental health. By going to college, a person is less likely to live an unhealthy lifestyle, and may keep their cognitive health for longer. The most common counter argument is, that college is too expensive and people do not want to pay off student loans for the rest of their life.

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.

Student loan debt has been a big issues for a while now which is caused by the high price college tuition that has more than doubled in the past fifty years in the United States. According to figure 1, in the past five years alone the tuition price has increased an average of 11 percent (see appendix). With the serious rise in tuition many students have taken out loans which means that more and more graduates from college are not only leaving with a diploma but also with debt. "7 in 10 college seniors graduated in 2012 with student debt, which on average was $29,400" (Lundberg 1). 70 percent of all the graduates are already in debt stepping out of college and moving into the real world trying to start a career in society for the first time which means that they will be starting in a hole and will have to work much harder to dig themselves out.

Drowning in Debt: What are the Consequences of Student Loan Debt in the U.S.? Student loan debt has a big impact on students decisions, student debt influences a lot on how they spend their money. American Student Assistance (ASA) recently made a survey, with this survey they found out that the Students with loan debt are postponing important decisions in their lives. Many of the students that participated in the survey are waiting to buy a home, get married, have children, save for retirement, and some of them haven’t been able to enter the career field that they wanted all because of their debt.

Hello, Professor Gray, The lost loan repayment plan would have a positive impact on the taxpayers by working with your loan servicer to choose a federal student loan repayment plan to make loan payments more fordable giving the loaner more time to repay their loans based on their income. Student loan debt is referred to as installment debt, which means you have fixed payments for a specific period of time. The interest you pay on your student loans is tax deductible that would put additional funds that could be used to purchase items that would increase spending with will help build the

The author uses false statements and fallacious reasoning in the argument “Sidestepping Students Debt”. One example of the author’s false statements is, “Smart students everywhere are refusing to accept the unwritten law that attending college results in overwhelming debt. Instead, these smart students sidestep serious college debt before college even begins.” This is a false statement because it is not only saying that only smart students are the ones sidestepping the debt but, also saying that people with lesser grades will not sidestep their debt. It is false because any kind of student can try and hopefully succeed in sidestepping their debt.

College was always one of my biggest goals and something i do not plan on giving up on not even with the thought I possibly will be in debt during or after i get my college diploma. But this isn't the same situation for other young adults throughout the US, a lot of young adults don't even dream of college because of student debt. The thought of it alone almost made me feel like it’s something impossible. In this image unfortunately, I see my future and the future of a lot of my peers and family members .

Going to college is similar to going to the casino, in the sense that many people are told they should be willing to take a loss for a possible win in the end. In his essay “It’s Time to End Tuition,” Jon Wiener tackles the problem we have in America in which students incur massive amounts of debt as a result of attending college. He is successful in painting a picture for his audience with an analogy describing how many people attending college in pursuit of higher education end up owing “more on their student loans than they do on their credit cards” (Wiener). In order to stop student loan debt problems in America we should provide more opportunities for individuals who desire more education by making tuition at public colleges free which

The Student Loan Myth Every year, 12 million people are enrolled into a college or a university. During the last 20 years, tuition increased four times faster than overall inflation. After the adjusting for financial aid, families pay 439% more for colleges since the late 1900s. Because of the raise in tuition, students have taken out student loans to pay for their education.

So many successful adults till this day are paying back their college debts. Over the years, some are able to pay back their debts in college and others are not able to and are still struggling, due to having to pay other debts that they may have. In some cases, some people drop out of college just so they will not have to owe so much money, but to drop out for that reason is not good. There are several of ways to stay away from college debt and that is getting scholarships, saving money before going into college, and also attending a community college instead of jumping to a university. College debt is a large amount of money that a college student will have to pay back within a certain amount of years after graduating.

North Carolinians graduate students mostly choose to stay closer to their hometown and in North Carolina for college. But why? In state tuition is much cheaper than out of state tuition. An article states, each state has its own “public” institutions that are run and funded by the state. Funding for these schools comes from the state residents in the form of taxes.