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Young people getting into debt
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Think if you had to push a huge rock to the top of a hill and you’d be free when you got it to the top, but it always rolled down before you got there. It would be terrible, but you could gain things from it like strength and perseverance, but if you let it get to you would only have hopelessness pain and exhaustion. Hardships an influence in two ways, it can build you up, or tear you down. Bryan Full was a normal college student, A’s maybe a few B’s had a car and a house. He seemed well off, but he had student loans, multiple credit cards , house payments and car payments he was $eighty-six thousand dollars in debt. This hardship doesn’t go away quickly or easily, you have to work for it. He worked and worked and eventually paid it off three
“Another source of greatness is difficulty. When any work seems to have required immense force and labour to effect it, the idea is grand” (Edmund Burke).We may not enjoy tremendous obstacles while we’re experiencing them, but when they’re over, we can definitely see the benefits. In Touching Spirit Bear by Ben Mikaelsen, the protagonist, Cole, has had to face many obstacles in his life, such as his abusive father, his neglectful mother and his anger. Many people can relate to Cole because they, too, have had many obstacles in their life. Overcoming obstacles makes Cole more empathetic and emotionally stable. Empathy is important because it is what allows humans to be human. Being mentally
In 1905, the first school house was built where William Jennings Bryan Elementary now stands. It was a tiny one-room wooden building, which housed ten boys and girls. There were no screens on the door to keep the mosquitoes out. It was located between a pine thicket and a guava grove, and on each side of the little beaten path to the door, coleus were planted.
What are the possible effects it may have? An example of adversity is the Holocaust - Hitler‘s plan to exterminate the Jews. In the memoir, Night, we discover how Elie Wiesel changes in response to his concentration camp experiences. The separation from his loved ones and the horrible conditions of these camps affect Elie immensely. Elie is affected in the following ways: physically, emotionally, and spiritually. The Holocaust had changed him into a completely different person.
There is a old time saying that “you will never know what true happiness feels like until you have felt pain”. In order to reach where you are going in life you have to go through hardship and pain to find your inner contentment. Often times,people who have too much in life always takes it for granted ,because all they have is pleasure and not knowing the feelings of pain and being without. Martha C. Nussbaum author of “who is the happy warrior” states that you have to go through pain to find the true meaning of happiness while Daniel M.Haybron author of “Happiness and Its Discontents” states that pain doesn 't bring happiness,happiness is just a thing you feel when you think you may have enough. To find happiness you have to go through the unbearable process of life.
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
Everyone knows that going to college and getting a degree is the most effective and guaranteed route to ensure a prosperous financial future, right? College is considered by most to be the best investment you can make in life, but what happens when that investment leaves you drowning in thousands of dollars in debt right after graduation day. This is the situation that millions of college graduates are faced with in 2016. Rising college tuition perpetuates student debt and is on a sharp incline and it seems to have no ambition of ever slowing down. The effect of this catastrophe is felt by millions of families across the country who now question, “is college really worth it?”
Everyone has a different viewpoint on what it is like to go through a hardship in your life. Some people view struggles in life as a strength and that they build character. Others view struggles as a sign of defeat and that they should just give up. For example, the hardest thing that a middle class, 17 year old girl might have had to endure in her life so far is a heart-wrenching breakup with her first boyfriend of three months. While a lower class, 17 year old girl has had to take over the role of mother in her house with 4 young siblings, no father, and a mother who is at work all day, barely breaking even at the end of the month. Both girls are going through a hardship in their lives, but one might view the other as less severe of a struggle
To understand the student debt crisis, one must first understand what caused it and what results from it. College undergraduates use student loans to finance the cost of tuition, room, board, transportation, and personal expenses while attending (Gage and Lorin). Student loans are different from other forms of debt because basic consumer rights like bankruptcy protection don’t apply to students who default on their loans. As a result, students are virtually locked into their debt, offering them little to no ability to refinance it. Solutions to debt problems like consolidation are available to students but that process doesn’t involve shopping for a better deal from competing lenders like it does in other debt areas. Therefore, interest rates often remain high and the loans remain with the original lender (Vanegeren). As Kayla Webley expl...
A person’s character is developed by the surroundings around them as well as their experiences. The Roman poet Horace quotes “…Adversity has the effect of eliciting talents in which in prosperous circumstances would have lain dormant…” I agree with the Roman poet, Horace, in that adversity has a way of waking talent from slumber. Adversity can encourage people in ways success and wealth cannot, as there is a benefit in the hardship. In Henrietta Lacks, by Rebecca Skloot, as well as Macbeth, by Shakespeare, adversity has developed the characters. From my observation, I strongly agree that experiences, such as hardship and danger, shape a person.
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.
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
Over the last few decades, college tuitions and fees have increased by over one thousand percent, surpassing every category associated with the cost of living including food and medical. This unprecedented rise in cost has resulted in an avalanche of issues for young and middle-age adults. As, a result of steep student loan amounts, graduates are being forced to move back with their parents, fewer young people are becoming homeowners, they are delaying retirement saving, and are dropping out of college at an alarming rate of nearly fifty percent. With all the controversy surrounding the topic of increasing college cost, the revised income-driven repayment program has been created to help borrowers pay back student loans according to their income.
According to Brooks (2014), people seek happiness but indirectly obtain several tests that affects their emotions in many ways. Indeed, when people are is questioned about their past, memories coming back to her mind are often the most important positively as negatively. A positive event can be the birth of a child, success. In contrast, a negative event is often links to death, failure, a dismissal, and so on. Suffering or pain also gives us an outside perspective. Without a doubt, suffering makes us human we like it or not. For example, when a friend tells that she has failed an exam and we realize that we could get it easily, it is hard to understand exactly her emotion because we have never been in the situation. But when the same situation arises and you become the concerned, you understand the effect that this failure may have on you emotionally. In this sense, we understand that suffering makes people human because it helps them to be connected to a situation already happened before or which could happen in the future.
In that year, the number of college graduates was only 432,058 (Sourmaidis) and ever since the demand continually increased as did price. This trend allowed for the student loan crisis to occur, which is a problem we face today. 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).
Life is something that requires a considerable amount of physical and mental effort. Some are fortunate enough to have everything prepared for them. Such as some are born into money; some come across good fortune yet most work hard from the start to get some where in the world. It just all depends on how you were brought into this world. For some people, life is full of stress and hardships. That’s how life was for someone very dear to me. He had it difficult from the start. However he chose not to let life get him down. When life gave him lemons, he made lemonade.