Essays on Student loan

Associates, bachelors, masters, doctorates. These words sound great, don’t they? Empowering? They seem to be the dreams of many but—why doesn’t everyone go for it? Unfortunately, the biggest factor in this decision-making process isn’t due to intelligence, distance or motivation, it’s money. Average student debt after a four-year education is around $38,000 (Students & Debt,…

“It’s your debt. Pay it yourself” (Adolphsen). While many of us would conceptually agree with Sam Adolphsen’s statement, the current student loan scene in America does not facilitate an easy path to actually follow through with that idea. At present, student loan debt in the U.S. is a dizzying $1.48 trillion spread across 44 million…

Multiple factors contribute to student debt. The growing problem of student debt has become more prominent and inspired many documentaries to investigate the cause and effect. One factor is the rate of the loan. Other factors include the emerging guidelines develops by the government. There are current new regulations that determine who can borrow and…

Author Adam Harris (2018), wrote “The lifelong Cost of Getting a For-Profit Education.” Serval student who gets into a loan cannot pay it back the payment that they took. Their life got stuck form working for their entire life to pay back the money. Author Adam Harris wrote people don’t seem to know about their…

In the article “Forgive Student Loans?” Richard Vedder argues that the creation of federal student loans was the worst idea ever and that whenever a loan is taken out, the United States will have to suffer a shortage in their budget and will have no choice but to borrow from foreign investors. While student loans…

There was a time in this country where parents were more worried about their kids using drugs, dropping out of school, but it’s sad to say that the most common problem in the United States isn’t drugs, natural disasters or even crime anymore but it’s the outgrowing debt problem, whether it’s public debt or a…

Why It Is Getting Harder to Get an Education? In the times we live in, it is getting harder and harder to get an education, and more difficult yet to get by without one. People can´t get stable jobs without a degree, and be completely sure they will live a comfortable life. Competition has turned…

Most Americans would agree that higher education is important. Compared to years ago, when a high school education was acceptable in most jobs, a college degree is now required in the majority of positions. But what if you can’t afford to get a degree? What then? For many, student loans are the only way to…

National Higher Education Fund Corporation (PTPTN) education loan, which was introduced on 1997 under the National Higher Education Fund Corporation Act 1997, has been widely recognized as an effective funding mechanism helping students of higher learning. It is one of the assistance given by the Barisan Nasional government in the effort to spur the country’s…

Money Management Recently reflecting upon my good old high school years in the late 90s, I am reminded of the overall satisfaction of and value that I placed on my education. I took advantage of the challenging honors and college-level courses that my school had provided and made it my mission to work hard, earn…