Essays on Student Loan Debt

It is important to first examine the question on the value or importance of a college degree from a financial standpoint. Student debt continues to rise as tuition rates have increased to over 400 percent between the years 1982-2007 (London 361). Without adequate financial support or planning, for many individuals college may lead to overwhelming debt that will not be justified by the jobs that they will obtain. Too often students are graduating college only to find themselves employed in positions that did not require a college degree, yet the student loan payments remain a burden that cannot be ...

Introduction

One topic of great debate today is the amount of student debt being accrued by college students that, whether, they graduate or not, who leave college with debts from several thousand dollars to hundreds of thousands of dollars. These debts are, most often, federally owned. Student loan debt cannot be eliminated with a bankruptcy and can only be forgiven if the borrower were to die. At least that is how it has always been. However, there are today may people who feel that student debt should be forgiven by the government under of number of applicable circumstances. There are ...

Is Forgiving Student Loan Debt a Good Idea?

Kayla Webley in her essay “Is Forgiving Student Loan Debt Is a Good Idea?” rises the subject of the student loan debt and how writing off of this amount may hinder the economy. She writes that every year, hundreds of students around the globe graduate with significant loan debts. While studying, they see clearly what for they would be obliged to pay, but after graduation, they see this debt as a too heavy burden for nothing. Many of graduates blame their universities and majors for incapability to find a good job and pay their loans. Her arguement is strong, ...

The national student debts level is 1.2 trillion dollars. This is a staggering amount considering that the student loan program only started around the late 1970’s. The purpose of loaning money to students is to help those with financial difficulty to graduate from college and find a well-paying job in order to pay back the loan. The bill started from a good moral cause, but has resulted in disastrous consequences for the students. The loan program has had serious consequences for students, such rising tuition, delaying home ownership, and slowing the economy. The rise of student loan debt ...

(Student’s Full Name) As a college student, I have several personal issues that most other college students deal with. One of these issues is the ability to manage the stress of dealing with the many assignments, tests, and exams that students need to take. I also have to worry about the rising costs of college. Of course, the cost of college tuition is a huge concern. But I also have to think of transportation costs, the costs of books, transportation and accommodation. I have also witnessed the effects of binge drinking and I wonder what can be done ...