Excess Student Debt

507 Words2 Pages
bulb-icon

Recommended: Issues with student debt

Telling you what I will do to deal with excess student debt is boring. The other essays probably say enough of that. Obviously, I'm going to apply for scholarships, like this one and like ones my college of choice offer. Internships or other work will offer practical experience in addition to any wage. Naturally, I'll save money by renting textbooks, living with my parents, biking or walking to school, attend a cost-efficient college, and hey, maybe use LendEDU. You can guess that much. Instead, I want to tell you what I will NOT do, and this has little to do with the subject, but please humor me. First, context. My parents divorced a few years ago. My father has a relatively high wage, while my mother has a relatively low wage - about $40,000.

Show More
Related

  • Analysis Of A Generation Hobbled By The Soaring Cost Of College

    1289 Words  | 3 Pages

    Martin and Lehren’s article “A Generation Hounded by the Soaring Cost of College” addresses the issue faced by current and former college students dealing with large amounts of debt due to student loans. The article presents the reader with stories of former college students who have either graduated or dropped out, and their struggle to pay off their student loans. The article also talks about issues such as students not being informed about high amounts of student loans and why student debts have increased. Martin and Lehren also make the issue of student debt more intimidating by giving examples of high amounts of student loans students have had. The article gives a very hard reality check to anyone reading as to how bad the problem of student debt is.

    Read More

  • A Lifetime Of Student Debt Not Likely Summary

    629 Words  | 2 Pages

    Many people would agree that our country’s young adults have and continue to incur a lifetime of debt by enrolling in college. It’s become an almost acceptable understanding that if you plan to attend college, you might as well expect to graduate with an enormous amount of debt. Robin Wilson, a reporter for the “Chronicle of Higher Education,” and author of “A Lifetime of Student Debt? Not Likely” suggests student loans are very real and can be life altering.

    Read More

  • Student Debt Research Paper

    1368 Words  | 3 Pages

    To get our dream job, to get a good job we must go to school and get a degree. Confucius once said “choose a major you love and you'll never work a day in your life.” We must leave home and deal with paying our ways, even if that means dealing with loans. Our families will go into as much debt as possible, the government tries to help for all of the students in the US who are trying to go to school and sometimes it is just not enough to cover it all so the banks must help. Loans are stressful, and hurtful, as students we must try and win as many scholarships as possible to lighten the load on our families and the stress that would come personally from trying to pay back loans out of college. Life is different now, we are growing young adults facing a new reality and dealing with new battle each turn of the corner but it is possible to get through dealing with student loans and finances once we get to do what we

    Read More

  • Student Debt Trap Analysis

    358 Words  | 1 Pages

    Many parents send their child(ren)off to college, thinking that an loan is the only way to

    Read More

  • Student Loans For College Essay

    552 Words  | 2 Pages

    Most people today accept the debt that comes from college. Students consider student loan debt as a “good debt.” They see other students make this mistake but follow their path anyway. Nearly 80% of college-bound students have not projected the total amount of money they will need to graduate college.

    Read More

  • Unraveling the Crisis of Student Loan Debt

    1728 Words  | 4 Pages

    Student loan debt makes up a large portion of the debt in this country today. Many defaulted loans are the demise of high interest rates, poor resources to students in educating them on other avenues and corruption in the governmental departments that oversee education and financing. There are many contributing factors that lead to the inability to pay off student loans which need government reform to protect the borrower’s best interests.

    Read More

  • Student Loan Debt

    1739 Words  | 4 Pages

    It is a norm and expectation in society today for students to pursue higher education after graduating from high school. College tuition is on the rise, and a lot of students have difficulty paying for their tuitions. To pay for their tuitions, most students have to take out loans and at the end of four years, those students end up in debt. Student loan debts are at an all time high with so many people graduating from college, and having difficulties finding jobs in their career fields, so they have difficulties paying off their student loans and, they also don’t have a full understanding of the term of the loans and their options if they are unable to repay.

    Read More

  • Effects Of Student Debt Essay

    1128 Words  | 3 Pages

    When it comes to achieving success in the working industry and accomplishing a successful career an education is important. Getting a degree is essential to be successful. The issue is the higher the education the person wants the higher the cost is. Nowadays, not everyone can afford paying out of pocket for an education, which mean that students are forced to take out large amount of student loans to achieve that degree. Student debt is an ongoing problem, students are gaining oversized debts that most of the time if not ALL are defaulting and jeopardizing future credits. How much debt it too much debt? Everyone should have the liberty to

    Read More

  • Argumentative Essay On Student Debt

    1491 Words  | 3 Pages

    Children of the twenty first century spend nearly 13 years in school, preparing for what is college, one of the only ways to achieve the so-called “American Dream”. College is the best way to start an advanced career and go further than one possibly could if college degrees were not available, allowing people to achieve their view of the American Dream; whether it be large houses, shiny cars, multiple kids, or financial comfort, college is the stepping stone to achieve the American Dream. But all great things come with a price, college dragging along debt. Students who attend college struggle to find ways to pay for it, leading to applying for student loans. These loans a great short term, paying for the schooling at the moment but eventually the money adds up

    Read More

  • College Education Should Not Be Free

    769 Words  | 2 Pages

    As of 2016, American students have accrued a massive 1.3 trillion in student loan debt. Just 10 years ago, the nation’s balance was only $447 billion (Clements). This ever-present cumulative burden has caused many post graduate Americans to delay important life events such as marriage, homeownership and children because of this substantial encumbrance (Clements). The debt will only continue to grow with neglect, so the most effective action to take would be eliminating the cost altogether.

    Read More

  • Essay On College Student Debt

    1222 Words  | 3 Pages

    College debt is a universally known issue that remains one of society’s largest burdens today. Over the past ten years, high school students and graduates realized that they must seek a higher education in order to find a job that keeps food on the table. Attending a college or university is practically required in order to succeed in life today. Millions of people seek a higher education to pursue a degree, graduate, and acquire a quality job that supports their everyday needs. It often means a lot of money to pursue and earn a degree nowadays. What they don’t realize, is that paying their tuition and housing deposits is essentially signing a contract, costing them thousands of dollars in the near future and leading them down the dark path

    Read More

  • Credit Card Debt Among College Students

    2354 Words  | 5 Pages

    The explosion of credit card use among college students has woven itself into the fabric of campus life ultimately impacting how students interact and begin in the financial industry. As students gain more freedom away from home they often begin to experience various social changes. One area in particular that is cause for concern is the number of students incurring credit card debt. Due to growth in credit card usage and the rise of debt, the ideas discussed in this paper represent the growing need to evaluate credit card company solicitation efforts aimed at students and how to begin negotiation to amend these practices. Through mediation, the focus will be to investigate if college students receive ample education on credit and financial literacy. Concessions will be centered on finding a consensus solution that will work for the credit card industry and young consumer. Ultimately the negotiations seek to strike a balance that will create positive spending habits, implement a change in industry policy, and decrease the burden of debt that many college students find themselves in.

    Read More

  • Education Debt: The Problem and Solutions

    1138 Words  | 3 Pages

    Through my research I hope to explore the consequences of education debt on college graduates’ lives, including career choices, consumption pattern and lifestyle choices. Meanwhile, I want to discuss some feasible alternatives to minimize student loan debt. My intended audience will be the American college students and their families. The other audience I want to reach is those education policymakers. The contribution of this research will be to help students better understanding the consequences of indebtedness and making informed and careful decisions on paying for college. Also, it will raise the awareness of education policymakers, prompting them to improve our existing student loan policy. As a college student, how to finance a higher education is closely related to my personal life. Through the research I hope that I can acquire enough information on the pros and cons of student loan, and other options to minimize the student loan debt, so that I can make careful decision on financing my college education.

    Read More

  • College Students Trapped by Credit Card Debt

    793 Words  | 2 Pages

    My best friend from my childhood is a marketing agent’s dream. Constantly duped and deceived by flashy ads and predatory marketing, this kid will buy anything - usuall on credit. At last check, my friend had maxed out 4 credit cards to the tune of over $30,000. Very rarely did the money go for something necessary, like accommodation or food, but usually was spent on a multitude of gadgets, toys, and other assorted ‘guy-stuff.’ CDs, a subwoofer, X-boxes and PlayStations, new rims and tires…he even whipped out the plastic to cover the $5,000 for his girlfriend’s new boobs! In my humble opinion, this was probably one of his wiser purchases, but still highlights the fact that my friend has a serious problem managing his finances. Unfortunately, my friend is not alone, but is one of thousands of unassuming college students trapped by credit card debt.

    Read More

  • My Five Year Plan After Graduation

    1253 Words  | 3 Pages

    ...ell I plan to receive an academic scholarship, get students loans, and borrow money from a relative. I can aquire an academic scholarship by getting into the top five percent of William B. Travis Highschool of class 2007. I can get student loans by applying to the College Funding Services. I will get my money fast and make no payments until after graduation. Plus I have a grandpa that says he can pay for some of my college money.

    Read More

More about Excess Student Debt

Open Document