Loans allow receiving a college education seem like a smoother process considering that such a hefty amount to pay is divided so that it can be paid for in moderation. Despite the fact that it’s split into many payments, it’s still a large quantity all in all so unless indebted students aim for high income jobs, there would many years of difficulty to come after college. For this reason, undergraduates make it their goal to go after jobs which would prevent them from being constantly pressured to pay off debt. Thus, student debt is both a crisis and a reason to encourage persistence towards greater ambitions (Hillman, 41). It is a tremendous thing when a student seeks to be financially comfortable or even rich in the future but not when it is for the wrong reasons.
College itself is expensive. The way universities continue to make money is by creating a ripple affect. In Williams essay he states “at 46 and fifteen years out of my grad school I still owe around 9,000….” Williams is one of many people who are facing college debt. When deciding to attend a university you are making a commitment to paying back a certain amount each month for numerous years after you receive your degree. During those years more responsibilities come into your everyday life.
College: Is It Worth It? As a student in high school, the pressure of figuring out what I want to do in the future is real. The idea of growing up and getting a college education seems to be always in the back of my mind and it is hard. What if I don’t want to go to college? It’s hard to even think about that seeing as not going to college is often seen as lazy and irresponsible, but should it be seen that way?
Too many banks offer loans and do not think how these students are going to pay back the money. Students can't pay back loans for many years. Then, as a domino effect, there is more debt. Middle class parents , are caught in a tight web because they can afford college on paper but in reality, have no money left for retirement and receive no financial aid. The cost of college has escalated out of control and the cost of college grows faster than the rate of inflation.
Many students find it reasonable to pay a large tuition and go into large debt, while others try to find ways to reduce their debt. The biggest problem with college cost is tuition. The tuition accommodates for paying for classes, and then students must pay for the necessities like living arrangements, food, clothing, etc. Along with all those cost, students have to decide whether or not they can keep a job. Students usually like jobs that can help lower their schooling costs but when their grade point averages lower, is it really worth it?
Almost every college has a high percentage of students who after leaving college are in deep debt. Most students have to take out student loans. College is not worth the cost because it leaves many students in debt and bad wages after college, and doesn't give them hands on training, and four years of college isn’t needed. A
Money keeps getting higher and higher every year and a lot of students can’t afford it. A lot of people spend different amounts of money for different types of education for what they want to do when they get done with college. College students shouldn’t go to college because they would not need the classes, the costs keep getting higher and they can’t afford it, and a lower education in general. Some students think it is worth the money for a better education because they take classes they need. First, If the goal is to earn a living, then, maybe it isn’t really true that 18-year-olds need to be imparted with a sense of panic about getting into college (though they
If they didn’t tell me that I might have just went off and spent it all on objects that I didn’t need and also now I know to save money even after college for things like a new car or house once I get to that stage in my life. Going into debt in college helps build a good mind set for after college about how to spend/save
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
So as you have seen the money would be worth it after all. You can see that by looking at the income, jobs available and stability. After all college will teach you necessary skills that you will then need to help you later on in life. So before you just decide not to go to college because of the money. You should really stop and think about what betters your future.