There are many people out there that completely disagree with the Act or even the idea of fixing the crisis itself. people are saying that forgiving students from their debt would make them irresponsible with the extra money they’ll be making The fact of the matter is that if the Act were to pass, it would: eliminate many of the awful consequences of educational indebtedness. In doing so, it would give Americans greater purchasing power, helping to jumpstart the economy and create jobs. Of course, it does have some restrictions, but it will help the student loan debt crisis and the national debt crisis. The solution is that students will continue to pay their debt flexibly comfortably by paying ten percent of their income, and after twenty years of paying, the debts can be forgiven.
Every semester, there are an abundant number of students who apply for Pell Grant to assist them with the costs of college. Sometimes, students will not meet the financial criteria because their parent’s income is a bit too high or because of other financial factors that they will not qualify. Thus, it puts a student in a situation where they will take out student loans, that they’ll be paying for many years. Clearly, the result of being someone who has not committed a crime and works to pay for their own education, is the one that pays the ultimate price. Yet, congress wants to financially grant prison inmates a free education, while exemplary citizens are denied.
People go to college to get a good paying job, have job security, and get a degree. Well at least that’s what it should be about. That’s what Charles Murray believes in his essay “Are Too Many People Going to College.” Murray counters the argument of Sanford Ungar who believes colleges should have a more liberal approach towards its classes and have students actually learn a broad range of real life skills instead of just going into a career just because it pays well. In Ungar’s essay he explains the misperception that Americans have on obtaining a liberal-arts degree and how they believe it doesn’t translate well to the real world. Despite Ungar’s points Murray’s essay touched on many valid points such as a liberal education should be learned
College costs are skyrocketing, and at the same time we have students wanting to learn and become educated in order to contribute their knowledge to society. The student loan debt crisis is weighing upon us, so we need to reform the system. If I had the power to make a change, I would cut the costs of college education and lower student debt by a reformed banking system. One of the major causes of the student loan debt crisis is high interest rates for student loans. Too many banks offer loans and do not think how these students are going to pay back the money.
A student might have to drop out and get a job to provide for younger siblings or a parent. This would be an understandable reason to not continue college, but is very specific to certain people or families. Another personal case of why an individual would drop out is college is it is just not the right fit for their life. College does teach valuable life skills and provides an advanced education for those who need it, yet some professions do not require a degree. If a student is not getting valuable instruction for what they want to do, it would be the smart thing to back out and peruse an apprenticeship for example.
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 ).
I know that some people out there would say that there are programs that could help students pay for college and help with study for classes but those programs are not always available for all students. These are the reason why I believe that not everyone, let alone high school graduates should go to college. Tuition cost over the years have continued to rise in cost, with the introduction of new technology. Some students would have to work a full time job in order to pay for their full course load. If a student has to work a full time job and go to school, either one could suffer from the overload of stress or lack of sleep.
I guess people can look at that way, but it’s the matter of perspectives. If a person doesn't have a dream or future plans, it is a waste of money and time, because you are not learning anything in the university. However, if you have your dream and things to achieve, attending university would not be a waste of money, because you get to have a chance to study deeper on what you want to study. Also, most of people who go to two year college transfer to the university, anyways. They might save their tuition fees, but when they transfer, it is the waste of time.
I do agree that there would be some problems with people only going to college because it is free. We do have that problem now with some parents paying the children’s full tuition, but the student does not take college seriously. She also says that
Most Americans without a degree have to work more, for less, just so they can support themselves and their family. College life, chosen or not, provides different pressures that makes every student evaluate the benefits and drawbacks of higher education. Are the high costs of tuition and the long amount
The life delayed article suggested the following ideas for helping student borrowers with student loan and for those who already have a student debt loan: “ control the continuously escalating tuition fees, expand grant aid by all sources; for example federal, state, and private entities (not a unit of government), keep federal student loan interest rates low, and lastly prepare students to become smart borrowers by giving them more information about borrowing and guidance information on student loan.” These ideas would help students because their debt wouldn 't be as much and they would learn how to manage their money, this would also bring down the rate of how many students have postponed making big purchases such as buying a house or buying a car, and/or starting a
Student loans can be an okay thing, for some students that don 't have money and don 't want to wait to go to school they can get a loan. Some loans can be difficult to get paid back but it’s not something that is impossible. If you can get a scholarship and then what you have left to pay you can always get a student loan. Then get a job to work and pay off that loan. It may seem like a lot of work but the outcome is going to be worth all the hard work.
Without these numerous factors that vary vastly among different colleges and universities one simply may not assume every student that finances a loan goes into long term debt. College admission may be a hard decision when it comes down to price. Many other students fail to attend their dream school due to the financial struggle. Ultimately there are students that pay the full price for admission no matter what the cost just to attend their dream school. To many students college is worth the price for admission.
If it was free, people wouldn’t worry about paying, students would work harder to get accepted into big schools, and it would give people in a lower class have more opportunities. The first reason college should be free is, that people won’t worry about paying when they’re not given a scholarship. There are several people who don’t even go to college and end up starting up their own businesses because they know what they’d go through and they couldn’t pay. They