College Debt Benefits

1879 Words4 Pages

College expenses have been very costly that students cannot afford to attend college (HO, J.D). In the article, College Education and Student Loan Debt: An overview, he stated that, “The National Center for education statistics reports an average tuition of 25,409 for the 2014-15 academic year at four-year colleges and universities.” It’s amazing how costly it is to get an education. Where many questions, should the amount of wealth you make determine whether you attend college or not? Many students who attend college are in financial burden. Every year, tuition expenses are increasing, every individual that is thinking of going college goes through the financial struggle. Many students thinks about how much income they need to pay for college …show more content…

The interest rate can make it even more difficult. Graduating with a college degree is awesome but at the top of that, the students have to face many financial difficulties. It’s usually hard to get a job, but once you do your half salary will go to the student loan that is still pending. Even after graduation, students still live with their parents because their salary is not enough to live a life to the fullest. There are college graduates out in the world who still pay college loans. Many teachers or professors often state to the student that, “I am still paying my college loan”. At this time they have more stress to handle in life. Getting out of college without a debt would be a future goal for every student. Sam one of high school friends now graduated with a degree in computer science stated that “I have to live with my parent, I have a job but, the student loan is taking a half salary”. Sam is in those thousand students that still pays their college loans. Facing much financial crisis, student’s mental health and physical health can be effected due to college costs. Students also must undergo many difficulties because in the top of student loan they also have to support their …show more content…

Stuart Reginald in the article, Surviving the Storm, concluded that, “state is cutting higher education funding by 30 percent or more”. In terms of motivating the student to attend college, step like this is getting our education less valuable. People that make this kind of decision have gone to the school to be in the position they are in now, where they are now making the decision for the school budget. The way people think is amazing, people are not looking at past on what they overcome to become the person they are now instead they are taking other opportunity away from those are trying to learn. The company like Walmart have many stories of workers who were smart, but couldn’t go school. For example, “one of Wal-Mart worker was great in critical thinking and mathematics and could make a great decision, but because of not enough money now working in Walmart”. This worker from Walmart who was very talented and wanted to continue going to school, but he could not because he does not have the budget for it. Talent like this is hidden around the world, but no one takes a notice because it is not our problem. Stuart Reginald in the article, Surviving the Storm, concluded that, “to help keep its enrollment steady and minimize the number of students dropping out because of economic hardship, Howard University, of the nation’s flagship HBCUs, boosted out

Open Document