ipl-logo

Robin Wilson Student Debt Essay

1022 Words5 Pages

Robin Wilson: A Lifetime of Student Debt? Not Likely Media thrives on successfully manipulating the emotions of its audience; as a result, unordinary stories are brought to light far more often. Such is the case with the topic of student debt. Graduates shackled to large student debt years after their diploma have more coverage than those who are well in control of their repayments. Why would articles and newscasts on college graduates routinely handling their repayments with generate return customers? Accounts of those deeply in debt induces sympathy and stirs up anger in their audiences, and with the repetitive exposure to similar situations presented by the media, student-loans are commonly viewed as money leeches overtaking American …show more content…

In fact, Wilson states, “some students enroll in high-priced for-profit programs only to learn later that their certificates or degrees are not as useful on the job market as they had expected” (pp 263-4). Many students would surely need a loan to afford a for-profit degree, and that loan would need to be significantly higher than what would be needed in a public or private college. Furthermore, the devalued for-profit degree makes it far more difficult to secure a job that will compensate for the loan. If public or private college is not reasonable, then Addison’s community college is a much wiser decision than a for-profit institution. Otherwise, I hold Wilson’s view that a high-priced, low-value degree plus an insubstantial job equals a recipe for financial …show more content…

Who is to say that success cannot result from actively pursuing a career (internships, apprenticeships, etc.) rather than pursuing a college experience that may not be beneficial? It is critical to not confuse this, however, with Wilson’s fear that both the college path and career path remain unexplored. Not going to college definitely does not mean an easy way out; as much dedication is required as would be in school, as well as proper circumstances. For those that do require college though, a student loan may be a blessing in

Show More
Related

  • Kevin Carey Why Do You Think They Re Called For-Profit Colleges

    264 Words  | 2 Pages

    In his article “Why Do You Think They’re Called For-Profit Colleges?” Kevin Carey offers harsh criticisms of for-profit colleges by claiming that they are directly to blame for the disproportionately high quantity of debt that their postgraduate students acquire. His primary reasoning for such is that for-profit colleges are charging more for their degrees than they are actually worth. He himself writes, “for-profits charge much more than public colleges and universities. Many of their students come from moderate- and low-income backgrounds…

    Read More

  • Annotated Bibliography On Student Debt Crisis

    1056 Words  | 5 Pages

    04 Dec. 2016. In USA Today’s article by Sandra Block and Christine Dugas titled “Five Proposals to Solve $1 Trillion College Loan Crisis,” the authors mention five ways to solve the student debt crisis in America, illustrating things like Bankruptcy reform, loan forgiveness, increasing federal pell grants, and the education of borrowers. Evaluating this article, it provides an informative view on the solution of student debt, and overall expresses many different spectrums on ways we can solve this social problem. The five ways to solve this problems

    Read More

  • Why Lower-Income Students Are Drawn To For-Profit Schools Summary

    763 Words  | 4 Pages

    People attend college to become successful, independent adults, and for-profit schools draw the attention of many students because of the short amount of time the school claims to give out a degree. In the article, Why Lower-Income Students are Drawn to For-Profit schools, by Alexia Elejalde-Ruiz, real-life examples are provided of the negative effects of for-profit schools. What many students thought was going to better his/her future, actually brought it down. High school graduates are reeled into the advertisements of for-profit schools and in the end are left with major debt and even struggle to start his/her career. Alexia Elejalde-Ruiz reveals the secret behind for-profit schools through the use of ethos.

    Read More

  • Of Why Do You Think They Are Called For-Profit Colleges By Kevin Carey

    1315 Words  | 6 Pages

    In general, for-profit schools cost more to attend, because they are run like businesses. And it definitely does not take a college degree to see that these high prices plus low income students equal greater risk of default. For-profit colleges began as family owned trade schools but over the years they have expanded into educational businesses that accept any student, regardless of their financial wellbeing or aptitude. On the other hand, traditional schools have neglected to notice the rising need for an education that is flexible and convenient. In his article “Why Do You Think They’re Called For-Profit Colleges,” Kevin Carey writes to an educated audience of higher education students and faculty to convince them the pros and cons of both

    Read More

  • Why Are Colleges Worth The Price Of Admission

    225 Words  | 1 Pages

    I agree with this article. For-profit colleges help people in their education in a lot of different ways. However, many people earn a degree to get a job. If the debt that they procure while doing so is more money than that which the degree can help pay off, that degree will have lost its meaning. Andrew Hacker and Claudia Dreifus support this argument in their article “Are Colleges Worth the Price of Admission?”

    Read More

  • Myth Of For-Profit College

    404 Words  | 2 Pages

    There is a myth that deciding to attend a for-profit college represents a lack of cultural/social capital resources, rather than a rational, considered choice. I have found that the decision to attend one of these types of colleges is usually a well-planned process. A person might lack cultural and social capital resources, but that does not mean that they have not considered the pros and cons to this type of college and career starting path. For-profit colleges were specifically designed for people who need job security. There are specific market career paths that these schools offer that lead to the specific job the student wants, and that is why people choose to attend.

    Read More

  • The Influence Of Student Loan Debt

    767 Words  | 4 Pages

    Families, who have their own issues, now need to confront the challenges of concocting cash that they scarcely have all together for their child to get instruction at a college institution. Student loan debt is common and is anticipated for undergraduates to seek higher education subsequent to graduating from their high school. College tuition costs are soaring, and a majority of undergraduates experience issues paying for their educational costs. To pay for their college expenses, most students require loans and toward the end of four years, those wind up owing debtors. Student loan debt has an unremitting impression on the lives of those within its grasp, influencing the manner in which they make important life choices.

    Read More

  • Argumentative Essay: The Issue Of Student Loan Debt

    1032 Words  | 5 Pages

    According to the last recording of student loan debt, the total amount of the United States student loan debt is roughly one and a half trillion dollars (A look at…). Statistics like these present the urgent need to resolve the major financial issue of student loan debt. Solutions have been given by many people to solve this issue but most solutions fail. The main reason behind student loan debt is falling to far into debt to the point where it is almost impossible to come back. The origin behind all of this is a lack of a student loan amount cap.

    Read More

  • Student Debt Definition

    350 Words  | 2 Pages

    “Student debt has exceeded credit card debt and impacts about 43 million Americans, sparking a variety of efforts to aid students struggling to afford college (Max Lewontin).” That debt weighs

    Read More

  • Atwood Debtor's Prism Analysis

    2405 Words  | 10 Pages

    She is glad that, in Healy’s words, her son is irresponsible because he did not return home after college. Even though all these pieces approach the topic of debt in impressively different ways, they all have a similar string between them. These four pieces along with society today makes one believe that people are somewhat bottle necked into debt. The financial stability everyone wants is somewhat impossible for the common

    Read More

  • Student Debt Argumentative Essay

    901 Words  | 4 Pages

    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.

    Read More

  • Rising College Tuition

    110 Words  | 1 Pages

    Journalist Sophie Quinton discusses how college expenses are constantly rising, though many states are now reducing instate tuition in her recent article, “States Move to Curb Rising College Tuition. Quinton informs readers that colleges are not only cutting college tuition, but freezing it. As a result student loans are soaring nationally, and schools are forced to become more efficient. Student loans are then causing debt, that later affects a students’ life in numerous ways. College students today, tend to lean towards nicer looking colleges, rather than a higher education.

    Read More

  • Student Loan Forgiveness

    1994 Words  | 8 Pages

    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.

    Read More

  • Argumentative Essay On Student Loans

    378 Words  | 2 Pages

    Student loan debt loads have been spiraling, doubling over the last decade, and the enrollment rates of young people from lower socio-economic groups are rising far slower than middle and upper groups. Governments must recognize the renewed public investment in post secondary education is an economic and social imperative. 6.7 million borrowers in repayment mode are delinquent (Snider 1). The sad fact is that many lenders aren't exactly incentivized to work with borrowers. Unlike all other forms of debt, student loans can't be discharged in bankruptcy.

    Read More

  • College Debt Reflection Paper

    675 Words  | 3 Pages

    At the beginning of this project, I didn’t completely understand what I hoped to accomplish. There were numerous topics to choose from, but none sparked an interest in me. Then I remembered how I read this article in Consumer Reports during the summer that was about college debt and how it has affected so many people. I concluded that possibly I can help high schoolers before they were in college about the potential costs and what they can do to make college a worthwhile experience. And so, I began with one main question.

    Read More

More about Robin Wilson Student Debt Essay

Open Document