ipl-logo

Argumentative Essay: Is College Worth The Cost?

927 Words4 Pages

Have you ever been at a stoplight and seen a homeless man with a sign saying “Please Help”? There are thousands of people that go homeless regardless of their job. The odds say that if they had around 20,000 dollars more per year it would help tremendously with their issues. That is the estimated increase in salary per year for people who go to college. College is worth the cost because it is more than just an education. People with a degree get paid substantially more, and there are multiple payment programs to help with debt. Even though some people believe college focuses too much on your experience and not enough on your education, college has as much to do with your experience there as it does with the education itself. One reason you …show more content…

There are many programs to assist you in paying your debt. The programs out there will help you pay your loans, but they don’t lower amount you pay. There are so many federal repayment plans to help you (Mooney). These plans are composed to help you manage your money along with the bills that come monthly. Not only are there repayment plans to help you pay; you will also be paid more for your degree ( Mooney). There will definitely be difficulties when paying your debts but they will be monumentally easier because of the extra money you will be earning. The student aid bill of rights was signed in 2015 and it forces federal agencies to better inform students and be more lenient with the interest of their debt. With these payment plans the interest can end up being the downfall of their finances, but with the lower interest these problems have all but disappeared. The troubles of debts can be overwhelming, that’s why these plans are needed. They make a students life easier. College is so much more than an education it’s an experience, but college does give you an education that you can be confident in. It will change the way you deal with money and change you as a person. There is an astounding pay gap for the graduates and the undergraduates. The people that have a degree are paid considerably more. Yes, the worries of debt can be scary, but can also be helped with numerous repayment plans. With so many reasons

Show More
Related

The Pros And Cons Of Student Debt

389 Words | 2 Pages

Nowadays, student loans can crush people. According to Source 3, student borrowers say paying back student loans affect them harshly in daily life,48% of student borrowers say, the loan makes it harder to pay bills, 25% say, it makes it harder to buy a home, and 24% say, it makes it harder to choose a career (Source 3). Debt can follow borrowers well into adulthood and can cause some complicated problems. Alternatively, Source to states, "Those grads emerged with more debt...due to a struggling economy...as their debts get paid off and earnings rise, they may have a change of heart."

Read More

The Pros And Cons Of College Debt

1095 Words | 5 Pages

Students just out of college do not have $20,000 laying around to pay back for their college debt. Many graduates chose to use a 20 to 30 year repayment plan. College debt does not only affect the student but it can also affect their future families. If they can’t pay off their student debt they might not be able to pay for their future children’s schooling, or it may influence

Read More

The Pros And Cons Of College Debt

707 Words | 3 Pages

Whether it be from student loans or private investments there is a little over one trillion U.S. dollars in unpaid student loan debt (Martin&Lehren 4). Although many students have to deal with the unprecedented financial burden college debt can be prevent by seeking scholarships and grants, working and saving throughout high school, or attending a community college. Many opportunities are out there for future students to lower the cost of attending their college. Generally while in high school students learn of scholarships.

Read More

The Pros And Cons Of Student Loans

795 Words | 4 Pages

Also, the U.S Dept of education has implemented many ways to help with student loans and to make the student loan experience a better one. Students can defer, adjust and in rare cases forbid student loans. Students can also cut interest by paying on these loans prior to graduation, when it is not required of them just

Read More

How To Reduce Student Loan Debt

762 Words | 4 Pages

Student loan debt has become a vast problem in today's society. More than forty million people have student debts, and make up approximately $1.3 million of debt in the United States (Knebel). People are delaying major life events in order to pay off these loans. To remedy this, the government should make it possible for people to revise their student loans to fit their salary or implement an income-contingency plan.

Read More

Pros And Cons Of College Debt

843 Words | 4 Pages

Due to the many issues that have arised in the world, such as college debt, many students are becoming unsure whether or not to attend their desired school. As you can see, an “increasing number of borrowers are struggling to pay them off,” (Martin and Lehren 6), in regards to the students who are in college debt. Fortunately, there are three solutions that are provided in order to help prevent students in ending in college debt. For starters, people in a college or university, even years after they graduate, are filled with the stress that they are in college debt. For instance, Kelsey Griffith, a graduate from Ohio Northern University said, “I’m going to owe like $900 a month.”

Read More

Argumentative Essay: Is College Worth It?

615 Words | 3 Pages

First of all, college increases one’s annual income and salary. This is because higher paying jobs often require a college degree and only consider applicants who have one. According to the Bureau of labor statistics, workers with a Bachelor's degree earn a median of $1,326 a week meanwhile, workers with only a high school diploma earn an average of $668 a week. This proves that a college degree does make your wallet thicker and almost

Read More

Student Debt Essay

1087 Words | 5 Pages

Some ways to help understand the graduates' situation better is to calculate the total debt, and come up with a schedule and plan on how to pay it back when payments are due (Epstein). Identifying the interest rate and payment rules of each loan taken can help to avoid interest and fees when paying back your debt (Epstein). For graduates, considering a consultation may help to push back and lower payments for now (Epstein). “But there's really only one bad option if you are having difficulty paying your student loans: to do nothing and hope for the best. Your debt problem won't go away, but your creditworthiness will” (Epstein).

Read More

Argumentative Essay: Is College Worth The Time And Money

590 Words | 3 Pages

Finding a job can be difficult but often times when and employer sees the level of education one has and sees they it’s an associate, or even bachelor’s degree than other sets a great outlook on you and even higher your chances of getting the job. Going into college a person is accepting the fact that a lot of time and money will be put into it. College isn’t meant to be super easy but it’s not at all hard if the work that needs to be done gets done. Altough people hate the amount of money and time gets put into college it’s all well worth it at the end.

Read More

Reduce Student Debt Essay

2065 Words | 9 Pages

some strategies to reduce student debt is to look for scholarships and grants by enrolling into them can help you get into school or give you certain amount of money to help you with school and you can use that towards paying for fees and such, you can also look at alternative schools such as community colleges because it can help you save money and still get an education on what you want to learn about. “There are programs such as work-study programs this helps you finical if you aren't able to make certain money for classes”(unity College) taking advantage of these programs will really help reduce your stress on how you will pay for them and will help you focus more on school than focusing on stressing on how you will pay your student debt off. when you are given options like this is will help your mind stray away from thinking about debt because there are places where you can get free classes and you can take advantage of them if they fit the certain type of field you decide to peruse, with all these it can help you try and not have to take a student loan out. Another way to manage from stressing about your student debt and managing it could be seeking financial planning you can use this to plan your semester looking at the ideal cost of how much a semester will be and if that will fit the budget you're on the Douglas website and many other post-secondary websites it “gives you option such as finical tool, and program cost with these two features it can help you plan a way to fund your education and the other giving you the total cost of the program books and anything else that is going to be need for the class”(douglas fincial aid page). With options like

Read More

Argumentative Essay On Why College Is Worth It

565 Words | 3 Pages

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.

Read More

Community College Education Benefits

995 Words | 4 Pages

or it will be worth it.” If you are willing to work throughout college and after, you should be able to pay off those debts within a couple years. So, if you have a career path set on taking and want the wild experience of college life, I would attend a college

Read More

Argumentative Essay: Why Go To College

558 Words | 3 Pages

, “Experts that have researched the performance and job success of college graduates have concluded that, nationwide, college graduates with a bachelor's degree earn 74 percent more per year than those who only complete high school.” This seems very logical when you look at the big picture, having furthered your education will open you up to more jobs that that require more education that will most likely pay more. The University of North Texas in their article “Why Go to College?” shows a graph from The U.S. Census Bureau that shows a professional degree could earn you around 4.4 million dollars compared to less than a high school diploma could earn you around 1 million dollars for a whole worklife. Seeing

Read More

Argumentative Essay On Student Loans

378 Words | 2 Pages

Student loans can be helpful, but when it's time to pay back, it can lead to future mental struggles and be stressful and hold you back from living the life you want to live in the long run. The student loan debt crisis in now only taking a huge toll on the personal lives of many Americans, but on the economy as well. Whether or not students graduate or not, if they pulled out student loans worth $200,000 they remain in debt for a remainder of years. As the problem continues to grow it becomes more and more critical to find a solution to help the well being of everyone in the nation, student or

Read More

Argumentative Essay: Is A College Degree Worth It?

418 Words | 2 Pages

As a High School Junior looking at jaw dropping tuition prices, my family and I often ask ourselves a question I’m sure many other American households are challenged with: Is a college degree actually worth it? Once you look past the recent unemployment rate for college grads, you’ll find that a college degree proves to be highly beneficial once placed in a career. Degree holders often enjoy benefits such as higher pay, higher-skilled work, and an intellectual advantage over their coworkers that do not have a degree. These benefits often outweigh the seemingly outrageous cost of college, making the price tag more than worth it.

Read More

More about Argumentative Essay: Is College Worth The Cost?

Open Document