Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Effects of student loan debt essay
Effects of student loan debt essay
Effects of student loan debt essay
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Megan Giddens
Professor Kristen Marangoni
English 1113
21 September 2017
The Dark Side of College (Un)affordability
In “The Dark Side of College (Un)affordability,” authors Katharine Broton and Sara Goldrick-Rab take a formal approach to enlighten those who may be unaware of the financial challenges that many college students face as well as persuade those who may be in a position to help improve the lives of those struggling with food and housing insecurity in higher education. Financial burden hinders a student’s learning and creates a negative impact on their education as well as their health. Students who lack the means to essential self-care have a harder time focusing and applying learned material (Goldrick-Rab et al.). Several colleges
Bruni begins by describing the golden promise of college as it appeared for baby boomers. In that time getting into college and completing a degree was enough to be successful. He acknowledges that this idealized vision of college may be inaccurate, however, he asserts that the issue is far more “complicated” than it once was. Bruni makes use of a recent (2012) debate over student loan interest rates in the U.S. to explore the issues surrounding college education today. While rising student debt is certainly part of the problem he suggests that the issue extends beyond that. College is now a “luxury item with newly uncertain returns” (Bruni). While rising costs make college a luxury item that not everyone will be able to afford, even those who can and do manage to go to college are not guaranteed success.
Jon Marcus, an editor for the Hechinger Report, examines how long it will take for a college student to graduate and how it affects the cost of getting a college degree, “The Reason College Cost More than You Think”. Marcus was an online writer for Time in 2014, and he mostly writes about higher education, mostly it is about college. College cost more than a person thinks because of the length that a student will graduate college; courses that a college student takes time and expenses that need to be paid
Martin, Andrew, and Andrew W. Lehren. “A Generation Hounded by the Soaring Cost of College.” The New York Times. 12 May 2012. 31 Aug. 2016
Laura McKenna’s article reports on Sara Goldrick-Rab’s research on community college students that struggle with food security. Goldrick-Rab’s survey of ten community colleges nationwide “suggest[s] that more than half of all community-college students struggle with food insecurity” (McKenna). The article explains the two types of food insecurity the research found within the students: poverty before going into college and poverty caused by higher education cost. The study also shows that many of these community college students are not the typical young adults fresh from high school, and that many are individuals with families and jobs and could be part of the factor of food insecurity. McKenna points out how hunger can affect these students’
Many people find the higher education a child receives, the higher the amount of money he or she will earn. Others find it is a waste of time and money to go to college after high school because of all the loans they would have to make up for after college. Many people have different point of views regards to the importance of college. In the articles Is College Worth It? and Why College Isn’t for Everyone, Leonhardt and Matthews have different opinions on the importance of college. Leonhardt argues that college is worth it because one who earns a college degree will be financially stable in the end, while Matthews believes that college isn’t for everyone because of the high-cost teenagers and adults will encounter when it comes to tuitions and fees.
In society, independent learners are those who seek to further their education to the next level. In the article, “Why We Are Looking at the ‘Value’ of College All Wrong” by Valerie Strauss, Christopher B. Nelson argues that people can’t compare economics with receiving a higher education. Individuals who look at college from an economic lens are viewing education the wrong way. Instead, individuals should look at the bigger picture which is gaining an education and taking in the knowledge. When having an education, people grow and expand their knowledge. By expanding and gaining knowledge from the experience of college, people are able to become independent learners. However, most people tend to start evolving into independent learners after
College is around the corner and that means everyone should have their mind set out on which college they want to go to and what major they are interested in. However, they do not necessarily know what they are getting themselves into on how college will really be like. Nor do they know if their academic skills will help them out in the real world. Unfortunately, I am one of those people; not knowing what to expect in the near future and unaware if I am ready to handle myself out in the real world. However, I want to change that and transition my mind from not having a single clue to being prepared on tackling obstacles over the years.
The idea of freedom and equal opportunity that America was built on has sadly been lost and replaced with a system of quality education only being accessible by the wealthy. In-state college tuition should be free for all students meeting admission requirements, allowing students from the full spectrum of economic backgrounds to have the same opportunity to receive the same education. The incidence of poverty in the U.S. is directly linked to educational level. When a college degree is earned, income levels rise (College Board). The best use of federal government anti-poverty funds is not another welfare or assistance program; it is to make college education affordable for everyone.
When the General Court of the Massachusetts Bay Colony founded the first college in America, Harvard, in 1636, it marked the beginning of college as the backbone to the American Dream (“About Harvard” ). Around the world, America is coveted for the “American Dream” in which someone can go from deep poverty, to unbelievable wealth, all by getting an education which allows a person to obtain any job and reach any economic level. The article “Peter Thiel Thinks You should skip college, and He’ll Even Pay For Your Trouble; The famous disrupted says overpriced universities hold back innovation, and what's to rewrite education to his liking” by Tom Clynes argues people should not attend college because it is a hindrance to innovation, while the article
With tuition rising every year, students face the challenge paying the debt achieving a college degree comes with. “Student debt surpassed credit-card debt in June 2010 for the first time in history, rising to about $830 billion — or nearly 6 percent of the nation 's annual economic output”(Clemmitt, Marcia). Not everyone has a ton of money just laying around. Being that financial trouble is the biggest problem for students, they begin to question whether college is worth it or not. In recent years, students have taken out loans to help with expenses. Most students choose to attend a community and junior college to help minimize the debt. Even after graduating with a degree, students still face the struggle of finding a job in this economic time. For higher class families this may not be a problem to them. But for the middle class and low income families, they face tougher times being that they don 't have the financial help like higher class families do. For the middle class and low income families, it makes more sense attending a community and junior college rather than a four year university.
Steve Cohen shows the disparity between the rising cost of college and a family’s capability to afford it. Cohen explains “Tuition has risen almost 1,200 percent in the last 35 years, and the sticker price for many four-year private colleges and out-of-state public universities exceeds $250,000.” Moreover, he goes on to say that even at public universities, it is about $80,000 for four years for tuition and other college related expenses. Later in his article, Cohen explains how this leaves middle-class families in a very uncomfortable situation. The parents or other money-making entities in the household want their student to go to college and earn a degree, but now there can be an element of stress in figuring out how the fees will be paid for. Furth...
Affordability is one of the biggest determining factor of whether students continue with their education and attend college or decide to finish their studies and go to work. A college application that allows students to even be considered for a spot in the institution requires students to pay an application fee. As a result, students who came from low-socioeconomic status families did not apply to many colleges as students who came from middle-socioeconomic status families or high-socioeconomic status families because they could not afford to pay for many applications (Denson, et al., 2014). Families must also consider the price of a college education for four years when they are deciding on a college. If the family cannot afford college tuition, room & board, meals, and transportation, then they are unable
Those who think a college education is not worth it believe that college can become a setback in life due to the thousands of dollars that college students are spending on tuition and books. Students who attend college will not have the money to purchase a home, spend money on family, vacations, or any other costly items and bills. On the other hand, most college students end up paying for their college loans all of their life or go into debt. They will never have money to rely on since their credit cards will be racking up interest for college loans that need to be paid off. As stated by Paul Taylor in Michelle Adam’s report, the cost of a college education has been at a record level and the cost of tuition and fees has more than tripled which is causing a rise in student debt (58). With rising prices, the economy is making it more difficult for people to afford a college education.
In the past decade, many college students have fallen into poverty. There’s a lot of issues that go beyond this topic, many people wouldn’t think College students could end up in poverty. Because, either those college students get scholarships or financial aid but, none of those could support a college student. I believe that there could be a more possible way for a college student to survive the college life and earn the degree they desire.
The rising cost of college has forced students to take drastic measures to get their payments in on time and to graduate with the least amount of debt possible. Despite the added academic stress of a college-level education, the fact that most students begin their adult life in thousands of dollars of debt is a weight that no one should bare. My visual argument was aimed to shed light on the mental and physical toll that a higher education takes on students, especially with the added burden of tuition and financial aid.