The total U.S. student loan debt now surpasses $1.2 trillion and there is more than 40 million recipients owing on federal and private student loans (Malone). Most of the college students in the United States can’t afford their education by themselves and, as a result, students end up drowning in student loans in order to earn a degree. Student debt is a major problem in the US, and it is a major influence on the gap between rich and poor. A more accessible college education would help reduce the gap between rich and poor in the United States. In the last fifty years the world has gone under many changes but one that is really shocking is the escalating prices of colleges.
Increasing minimum wage will make workers more financially stable, if the wage doesn’t increase it will be harder for people to make a living. Many people in the United States continue to be in poverty even while working a minimum wage job. The Missouri minimum wage is $7.85, the national average nationwide is $7.25. With the minimum wage being $7.85 in Missouri a worker would only receive $1,256 a month. This income would be okay for the average high school or college student, but not for a parent who maybe didn 't finish high school and has a family to take care of.
The American Dream has been rooted in the culture of the United States for several centuries now. However, many people do not have access to this dream because of lack of opportunities. As the amount of people in poverty increases each year, the magnitude of the effects of poverty dramatically increases. A shocking 15% of people live in poverty in the United States (Poverty Rates). That means around 45 million people in this country lack basic necessities and economic security.
The significance of education cannot be stated enough, which is an investment to a better future. Getting an education is one of the most powerful things a person can ever obtain. It is crucial to the overall development of the individual and the society as a whole.When individuals do not have the option of getting an education due to the cost of the schools as well as the lack of schools itself. For those living in poverty it can be difficult to earn the same amount of education as other people who are considered middle or high class. The first time they are introduced to a formal education is in a school building.
Unstable low income jobs are one of the biggest reasons as to why college students are homeless. These are the only jobs many college students can get and the hours are not very practical for a college schedule. Many decent jobs do not hire students who just graduated high school, they typically want students who have just graduated
One may argue that healthcare is too expensive and that food stamps have been taken away from many people. It is also extremely difficult to get a well-paying job in order to pay for housing, healthcare, and food. The lack of healthcare, food stamps, and well-paying jobs can result in people turning towards crime because of issues such as mental health, physical health, and employment options. One reason that people turn to crime is because of the lack of healthcare. Even when healthcare is available to people, a large portion of them are not able to
The United States is steadily trying to save the country money and valuable resources. Rationing healthcare would affect about 15% of the population. The 15% of people that would be affected would be the poor and uninsured that. Private insurance is offered but can be very expensive to people without income or ways to get income. Medicaid
Most parents find it hard to pay for college. College is not worth the cost considering there are jobs for people that do not go to college, Time could be used at a job, and Students end up in major debt. Instead of students going to college, they could go straight into the workforce. Going to college helps obtain you better jobs. The effort students put into receiving a degree is not the same as ten years ago ( Shierholz ).
4. Poverty is the main cause of hunger, and hunger is the cause of poverty. When people are malnourished, they lose brain function and mental resources into productive assets in society to earn money. 5. In 2010, an estimated 7.6 million children over 20,000 per day died of starvation.
And inequality is discriminating a person in all spheres of life which gives a rise to sense of deprivation. Again the responsibility shifts to the government, if a government is economically instable then it is hard for it to make and implement policies which will benefit the people. By far the biggest factor responsible for poverty after government’s policy is the problem of unemployment. Unemployment further worsens the living style of the people and they become economically deprived due to which they are unable to cope with the advancing living standards. Access to quality education also causes poverty because without education any person in the world cannot gain access to a good job and that a person has to work on low