Student Debt Essay

Student Loans

Faith Uvalle

Many young adults say they are upset about the rising price of going to college. There is a little dispute today that the number of students who have debt has increased, and the amount of money that they have borrowed has gone up. Many students incur large amounts of debt that they will never pay dividends higher wages or greater job satisfaction, and they graduate into a world with poor employment prospects.

Student debt has recently passed 1 trillion dollars, which has caused many to voice their concerns over a modern college education. This generation has been touting undergraduate degrees as a necessity for success in the modern age, but with student debt rising, formal degrees may not be

However, the opposing stance believes that jobs are already few and far between for many graduates, and that many students who do not finish their degree, whether for personal or intellectual reasons, will not be able to make the money back that they have spent, and will live most of their lives indebted to their past.

The main motivation for going to college, for many students, is to find a job that will give the student more money. However, many maintain that with the cost of tuition of a traditional university rising, it may not be worthwhile to spend up to one hundred thousand dollars on a degree that they may not use their whole

This growth of tuition makes Students feel pressured when they choose to enroll any class in colleges. Most of students are paying their tuition themselves because they would like to be independent from their parents after they reach the age of 18. According to The Huffington Post, 35% of students are paying for their own tuition and 4 out 5 students are working part-time while studying for their own degree. They are certain to be responsible for their own livings. However, it is not an easy thing for students to pay their tuition now because the economy of the United States is depressing at the moment. Jobs are getting harder and harder to find. In this case, students don’t have enough money to pay off the tuition because it is hard to find jobs to equal the cost. Some of them go to loan from bank or get financial aids from schools, but these methods have prerequisites that some of the students may not acquire. Moreover, there is no longer guarantee for college students to find jobs after graduating from colleges. Students are facing difficult problems caused by high cost of tuition like defer study, debt and unemployment even if graduated. Education is a critical part in society in the current day and age. Many students pursue such important concepts for a brighter future. However, these student loans can potentially destroy the dreams of many talented scholars. Students dread the aftermath of receiving a good