Persuasive Essay On Student Debt

1812 Words8 Pages
Imagine what a person could do with one point three trillion dollars. What type of power or affect could this much money have? Sadly, there is not too much of a reason to imagine because millions of Americans are currently trapped underneath a 1.3 trillion-dollar wad of cash. Student loan debt has reached an all-time high, surpassing credit card debt as the leading cause of household debt in the United States. With a sum so large, there are very few people that are unaffected by the havoc that student debt ensues on its helpless subjects. Since the 1950 's, higher education in America has seen an exponential increase in the number of students earning a degree and as with any other commodity in high demand, the value of these degrees has also skyrocketed. This increase in demand mixed with an ever increasingly competitive job market has forced the more traditional bachelor 's degree to lose value leading more and more students straight into grad school. As attending college has become more of the norm, the monumental increase of tuition has forced millions of Americans into the unforgiving arms of student debt. There is little debate over whether or not student debt is an issue: it is clear that it is. However, there is debate on how this country should address and end this crisis. In this realm, there are many voices, many opinions, all fighting to be heard over the deafening roar of a monster that is student debt.
Two of the largest and most influential groups gearing up
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