Student Debt

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What is there to study? What are my passions? Should I go to college? I’m I going to college just because my friends are doing it? These are nail-biting questions millions of adults and young adults must ask themselves on a daily basis. It seems like the most ideal subject matter for many high school seniors, who are finally going to take a big spoonful of the real world, only to realize that nowadays going off to college is awfully bitter and gut wrenching if they are not receiving any type of financial assistance. Going off to college, for undergraduates to graduate students alike, sounds like the most important investment that they must demand of their life. They preach about it everywhere, one starts making appointments with school representatives, …show more content…

Going to college should be a top priority for every law abiding citizen, however, that college tuition starts seeming overwhelming. Reality check, going off to college and making it possible in investing on one’s education is vital, but it is really tough to make it out of there without owing an arm and a leg. As a result, millions of people across America are dragged down by that huge rainy could that society calls student debt. Consequently, many factors are taken into consideration when debating student debt. Student debt ranges from students in undergraduate school to graduate students. One of the most important contributions of rising student debt issues across America is the infamous rise of college tuition. Obviously, the rise of tuition is probably the main factor for student debt, but it has completely been ridiculous these past couple of decades. Really, it is astonishing and scary to seeing the increase of college tuition that has risen in the past couple of decades. According to economists from the Christian Science Monitor, “four year public college tuition has risen …show more content…

Moreover, graduate students are more prone to face external problems such as mid-life crisis, have anxiety, and confront insecurity problems, such as failure, since they are older and time is ticking. Also, most of them are at a critical stage in their life where they decide to start a family, which is a bit overwhelming and brings even more stress to their lives. To compound the issue, they do not get as much help from their parents because, again, tuition is highly costly and the graduate programs involuntarily make their students get loans. According to Time Magazine, “graduate students make up fourteen percent of university enrollment, but they account for over forty percent of the national student debt” (Marcus). Adding to this, it is common to see students graduating from a graduate program coming out of there with over one hundred thousand dollars in debt. It is also very ubiquitous to see them coming out of there and not even landing a job in their respective field of study, which adds even more stress since they are not putting their degree into play. They settle for jobs that pay a little over minimum wage only because they have to start paying off their student loans within six months from graduation. Since students entering a graduate program are less naïve and less gullible than under grad students, it does not attract attention from

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