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Student Debt Crisis Essay Papers

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The Student Debt Crisis The look into college can be frightening these days. College seems to be an overwhelming topic because of the expenses. Over 50 million college students are in debt in America, collectively owing almost over 2 trillion dollars. The student debt in America is a serious problem for many young Americans trying to get a higher education and continue on with their lives as adults.
Throughout many years there´ve been many laws or events that have contributed to the student debt crisis, whether it be good or bad. Laws like the National Defense Education Act and The Higher Education Act of 1965 originally created student debt and the many accessible options to end up with student debt. Events like The Great Recession and The Coronavirus pandemic have aided many in-debt students to lose their jobs, not being able to pay their monthly debt or basic human necessities. Those events alone were devastating because people weren't able to have shelter or pay for food while they were also stacking up their debt trying to survive in the world. Thankfully some of the students in debt had a hold on their payments during The Coronavirus pandemic that gave them some sense of relief. …show more content…

Some Americans cannot qualify for student aid and pell grants are starting to feel unobtainable, the idea of college without the debt for students seems unattainable. In a society where higher educated people are needed in the workplace, we sure don't have many options to actually get that education and not live working with low wages, paycheck to

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