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,…

My Godfather still owes more than $25,000 in student loan debt. He is 49 years old, married, with three kids. His oldest has graduated from college, his middle child is currently in her 3rd year, and his youngest is a freshman in high school. He was sure to encourage his children in every possible way…

These are many different ways on how I feel we can reduce student loan debt. I know that there is more out there that can help and there is more that can be done to help. I do feel as though by 2025, that loan debt is going to be high and out of this…

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…

“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…

A recent and pressing debate in American politics has been centered around the topic of increasing student loan debt and the overarching conversation of who really benefits from them. As the cost of attending college increases, the amount of student loans being taken out also increases, which in turn leads to debt for those students….

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…

Students in the US are currently drowning in student loan debt. “ One recent study found that the majority of American borrowers, 56% of them struggle with paying their student loan payments in the first five years after college.”(Paragraph 12) Finding a solution to the problem will help millions of students. This US should adopt…

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 U.S, for many high-education students, to be able to graduate and complete their studies, most individuals decided to take on some forms of debts. The necessity to take on debt to be able to finish university education has become a crisis of its own. This consumer behavior has been growing with no signs…