The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.
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.
Some colleges are charging the tuition price of a big name college when they are not as well known and the degree may not go very far. Recently students are (taking on more debt) than they can pay and end up not being able to pay them off (Hacker and Schlesinger). When students graduate college most of them will have debt that they have to pay and many of them can’t pay it off. In highschool people and teachers stress that students need to go to college and it can (cause a sense of panic) in the highschool students (crawford). By putting pressure on high school students they often don 't think about the tuition they have to pay to get in, so they take what they can get to get into college.
Student debt is one of the biggest issues that people are struggling with. Especially for those graduates whose major does not guarantee a stable job due to the limited amount of job positions, such as art history and music majors, many of them end up being a freelancer because job unavailability. Governments often encourage the citizens to spend more and help improve the economy, but how could the citizens help when they don’t have the spending power due to the heavy student debt that they are carrying. A good way to improve the economy is by solving the issue of student debt. With the help of the “Organ for Ed” program, both the job seeking and economic problems would dissolve at once.
Colleges should be more affordable We all have heard the saying “money can’t buy happiness.” This is true to a certain extent, Many people don’t have enough money to go college for jobs of their interest causing them to live unhappily and not make as much money. “Without a decent job with decent pay, people will fall into poverty. This is mostly has to do with financial situations.
One example of the disadvantages of attending college are most students end up in debt because of the school fees. Most college student struggle to pay the fees of college because they don’t have the money or maybe they are paying for it by themselves. Another example is attending college can bring on stress, anxiety and pressure especially to new students attending college. Attending college causes students stress, anxiety, and pressure to do well and complete the given work. Another factor of attending college is struggling with weight whether it be gaining it or losing it.
If someone is getting put in debt
This may affect the next generation as potential can be wasted and many might not be able to get a job because they’re not educated enough since there’s tough competitions everywhere – most people are literate and go to schools. There are two main conditions of the American dream. The first is during the time of exploitation and people needed another form of social organisation. They took ideas and values to realize their hopes and dreams of freedom.
An even larger majority -- 75% -- says college is too expensive for most Americans to afford. Similarly, a record of share of students are leaving college with a substantial debt burden, and among those who do, about half (48%) say that paying off that debt made it harder to pay other bills; a quarter say it has made it harder to buy a home (25%); and about a quarter say it has had an impact on their career choices (24%) -- (pewsocialtrends). This just simply shows that it is better that there are no more tuition in college in which will help lessen the percentage of people who suffers difficulty in paying debt. Although we know how great number of people contradicts in giving a free education for college students, it is one of the needs of students and will also be an ease for their parents. Along with this, President Obama made a proposal which offers two free years of community college where this proposal of the President had received lots of different positive and negative opinions, comments, and feedbacks from it.
Furthermore, students attending a four-year institution are basically used as a bank for that university. College is very expensive, students must pay for tuition, books, parking passes, and food. Four-year colleges may look good when a degree is obtained, but some graduates are unable to find employment after all the hard work done over four long years. This is why students are committing suicide and being mentally and physically drained which cause them to drop out or even give up (Woods). By going to a two-year college, a student will have a shorter amount of time than a four-year college to start a career or get a head start in a
Many college graduates are facing unemployment, leaving students and parents to question if college is worth the cost. The answer is no. Student debt has significantly increased. “If you get this wrong, it’s actually a mistake that’s hard to undo for the rest of your life”(Peter Thiel co-founder of PayPal). Peter Thiel is explaining that today 's students are taking on much more debt, due to recently tightened bankruptcy laws that have made it more difficult to get out of debt.
Grassi Noll, a small college, has recently had problems with finances or as the college would like to call “budgetary constraints” and although the college gets revenue from the state government the college depends on tuition. To combat the financial issue, they have raised the tuition higher every year for the past five years. Grassi Noll like most schools, depend mostly on out of state tuition and in luck the college gets a lot of kids from a country called Soolem. Unfortunately, the students from Soolem don’t speak English all too well, and this matter has caused a problem within the school. American and instate students are upset that everyone in a writing class, including the students from Soolem get C’s even though they don’t speak English.
In Rhode Island there being the location of Brown University along with many other well known schools there is a large margin of students who are not able to afford an education in a time where a college degree is key for success. For these students of whom do not fall under the circumstance where they qualify for financial aid they have to take out students loans that take years to pay off. In recent years the amount of student debt has been reaching an unimaginable amount as “Americans owe nearly $1.3 trillion in student loan debt, spread out among about 44 million... In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year” (Federal Student loan statistics). With a six percent increase in
First, scholarships aren’t being benefited from due to the lack of time the athlete has. Second, student-athletes often end up with low paying jobs, so a pay rate in college could help them out after finishing school. Third, college sports have profited millions of dollars off of these student-athletes and they only receive a scholarship. Make it or break it, one former athlete works a minimum wage job, while a rookie in the professional league is making millions. The lesson learned is that college athletes are being exploited.