Analysis Of A Generation Hobbled By The Soaring Cost Of College

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Martin, Andrew, and Andrew W. Lehren. “A Generation Hobbled by the Soaring Cost of College.” The New York Times. 12 May 2012. 31 Aug. 2016 Martin and Lehren’s article “A Generation Hobbled by the Soaring Cost of College” addresses the issue faced by current and former college students dealing with large amounts of debts 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 The article addresses the issue of college debt preventing college graduates from taking out loans on other items such as a car or house. It claims that this statement is false and that within about two years of graduating, students have caught up with their debts enough that they are okay enough to make these purchases. An example used is a study done by TransUnion between two groups; one with college debt and one without. The study results display that the group with student loans ended up have better origin rate percentage with their purchases after two years than the group without 01 Dec. 2014 7 Sept. 2016 “The Good, the Bad and the Ugly of Student Loans” references many great points that recent college graduates or futures college graduates should follow. These include paying student loans fully and on time, as well as consideration of refinancing. The article’s main purpose is to help college graduates prepare to pay off their student loans carefully and correctly. It chooses to focus on the good points of paying off student loans, giving hope to those who may be worried about paying them off. While helpful, “The Good, the Bad, and the Ugly of Student Loans” is very repetitive in its information. For example, the article has two separate paragraphs saying that it is a good idea to pay in full on student debt. While this is a great point to all current and former college students, there isn’t any need to say it twice. The article also heavily lacks support for how each of the points made can help. There is very few amounts of evidence or examples as to why these are good points to follow. However despite the lack of evidence, the article does offer helpful tips that should definitely be taken into

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