This article written by Allie Bidwell is about the class of 2013 and how much debt they incurred while at college. The average student loan debt for this class is $28,400. Bidwell states that this number isn’t all that accurate due to the low numbers of colleges that report their numbers. Out of all private and state institutions, only 57% reported numbers of debt or the amount of graduates with debt. Schools are ranked on a scale from high debt to low debt, with schools that have high debt averaging almost $50,000.
Fallacies are something to be aware of in our daily lives as hidden agendas may be lying around. Fallacies have to do with the reasoning of the argument that makes it misleading or invalid. If you have strong feelings for an argument, it may be hard to avoid fallacies in your writing. In the essay, “College Is a Waste of Time and Money”, Caroline Bird states reasons of why college is a waste of time and money. Although Bird’s essay may seem like a sound argument, fallacies in her essay distort the argument.
Throughout the years, an influx of high schoolers has weighed their options about college. Most overlook the pros and cons of college, and immediately going for it. However, college has many downfalls some fail to notice. Such as the amount of debt or student loans one may have after graduation and graduate underpayment. Debt, or, student loans, play a big part in deciding whether to go to college.
Also, in the past 65% of baby boomers with student loans still carrying debt for their own education. Only a few students can afford to attend a university without getting help to pay for college through loans from the government, family, or banks or even two or more. It is also reported that a moderate college budget for an in-state public college for the 2017–2018 academic years averaged $25,290. A moderate budget at a private college averaged $50,900 the average student loan debt is $37,172 per student. Even if a student doesn't complete the credits need to obtain their chosen degree students are still required to pay for the loan in full.
Justin Meng Mr. Ash 05/18/2016 Is College Worth the Debt? There are many people in the world today who carry a large amount of student loan debt, sometimes more than $100,000, which may take them decades to pay off fully. Many today are debating that the education and degrees received in college are not worth a lifetime of debt. Some feel that they can find gainful and fulfilling employment without the need of a 4-year-degree.
In the world we live in today. Going to college is no longer a choice, or privilege, but rather a need for a brighter future . So the big question that happens to be going around is, “Is College really worth it?”According to Andrew J. Rotherham’s article “Actually, college is very much worth it.”, “5 Ways Ed Pays”produced by (The College board), and “Why College Isn't (And Shouldn’t have to be) For Everyone” written by Robert Reich. The answer to that question is yes.
The institute of for college assistance and success did research on college student debt. The average debt of graduating college seniors with student loans is $29,400 (Average Student Loan Debt). Julian Berman a reporter for market watch did an article “What’s really causing student debt crisis, according to Sheila Bair. The national student debt of young adults is approximately $1.4 trillion (Jillian Berman). Max Lewontin writer for Christian Science Monitor discusses this topic in his article, How the Presidential Candidates Would Tackle Student Debt.
Is College worth It Should you go to college ? Here 's some reasons why you should. Each year there are thousands of students enrolling into college hoping they will get in to study and learn about their dream job. Many colleges have been around for decades.
This high cost has resulted in a student loan debt crisis. In fact, the average student loan debt for 2016 was approximately $38,000 which is 6 percent higher than the year prior. 44 million Americans are now burdened with student loan debt totally $1.48 trillion a staggering dollar amount that surpasses credit card debt by $620 billion. In 2016 the U.S Department of Treasury unveiled a report finding that student loan debt accounts for 31 percent of the governments assets.
Why College isn 't Worth the Cost When you grow up, you get pressured into believing that college is the only way to succeed. However,there are other options unless you want to waste your time and money on something that you 're not so sure about in the future. College is not worth the money you’re supposed to pay for. College isn’t worth the cost because many students do not complete college, College is expensive and there is no time for a job, you can achieve your goals without college With the right mindset and motivation, you can achieve any of your goals without going the complicated way.
At (blog.uncollege.org) it says, “The cost of college has skyrocketed in recent years. Attending a decently ranked university can easily cost upwards of $100,000.” Some People thought of not spending money on college but to go skip and go straight forward into life. But what I’ve seen in the success of college, are things that you earn and get rewarded for and you live life way easier. There is more to it than just getting a great job and getting more money after you graduate from college.
The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.
In today’s society, many students will go on to receive a higher education after high school, but is the cost of having a higher education worth it? In 2017, the average college graduate accumulated more than 34,000 dollars in student debt (Dickler). ADD. Student loan debt creates early financial difficulties for young adults, leading to many mental and physical issues from stress and overall hurts the economy.
Moreover, it is also very difficult to get a full academic scholarship to a college, not to mention top colleges such as Harvard, Stanford and even Princeton. In all fairness, is college really worth the trouble or is it just a way to drain people both financially, physically and mentally? Presumably, college is a big deal to people especially parents. College gives advantages to a person’s life such as getting payed more or getting a better job than others, but what others didn’t mention is that various have to pay off student debt for, well, most of their lives because of the
Cheaper Education The average amount of debt a student gains prior to college graduation is $26,800. To some, that number may not seem like much in the grand scheme of things, but to those who are struggling to make it day to day throughout college, that number is utterly horrifying. Although many people may disagree, college NEEDS to become cheaper.
