There are many different opinions concerning whether students should be required to take a financial literacy class before graduating or not. In the short story, “Working Financial Literacy in With the Three R’s,” by Tara Siegal Benard, the author suggest teens can’t make big financial decisions when they aren’t educated about it. Students should be required to take a financial literacy class. To begin with, it’s obvious that Americans need help with managing their money. People need knowledge on saving and spending money.
This statement is inaccurate as when we are raised in a world where everyone thinks the same and are hardly ever influenced by outside sources, choices we are forced into making can lead to a distorted idea of who we know ourselves to be. When we are forced into making choices that lead to us having this distorted identity we try to fight the identity we have created. This can be shown through both texts Jasper Jones and Pleasantville, as illustrated by Ruth Bucktin and the people who live in the town of Pleasantville. In the novel Jasper Jones we can see that choices we were once forced to make can lead to a distorted idea of who we know ourselves to be.
The teen’s brain doesn't fully until the age of twenty-five (URMC, 2016). This means that people under twenty-five are prone to making poor decisions and lack good judgment in most situations. Being under the age of twenty-five includes most college kids with the exception of a few graduate students. Regardless of the money or not, I feel as if the poor decision making is inevitable and is simply part of growing up. It is important to learn from mistakes and correct them.
According to Anya Kamenetz in the article “Generation Debt,” young people of today are struggling with high debt due to high educational finances and this is preventing them to move on as responsible adults. College tuitions are too high to pay that young people fall into applying for student loans, and have significant credit card debt with high balances. Most students are using their credit cards to pay for their college expenses and student loans; even their paychecks are being used to pay for college. I agree that many young people held back in becoming a full adult which they are doing everything they can just to continue their education. Even if it means to continue living at home with parents just to make ends meets and not being able to step in the “fully adulthood.”
An adolescent might not be used to having to pay bills which can cause complications. Having to adjust to
In this day and age, it is assumed that the majority of high school graduates will be attending college, whether a two year community college or a four year college or university. The problem with this expectation of young people is that college is expensive, which is why numerous people are pushing towards free college for all, not just for the academically talented. While overall publicly funded college is unrealistic, this country could slowly overcome this issue of college debt by providing more two year community colleges across the nation with the tuition of these community colleges drastically reduced. The major reason why many people are pushing towards publicly funded college is a because of the substantial rise in college debt over the last decade.
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.
“Today, 45 million people collectively owe nearly $1.7 trillion in student loan debt. Every 26 seconds, one of those student loan borrowers defaults on their loan” (The Student Borrower Protection Agency). These are terrifying numbers that affect everyone not just individual debtors. Student debt is a ripple effect that will affect generations to come. Such problems become even worse for individuals; “these are ‘kitchen table’ financial issues that affect every aspect of their lives” (The Student Borrower Protection Agency).
Student loan debt is one of America’s biggest issues today. It is a problem that many leading political and economic figures are trying to solve, but have not yet succeeded. The nation’s high record of $1.34 trillion in student debt is not only troubling households but it is also disturbing the economic lifecycle. Students are not required to make payments until they graduate. But once they do, entry-level wages and salaries could take up to decades to pay off loans.
Obviously, the issue of student debt is a delicate topic for many a student and former student, including myself. As there are many possible solutions, the following writing is a potential albeit straightforward solution. The topic requires an extensive examination to determine if it is feasible and a realistic timeline for its implementation. This issue paper covers several areas correlating to student debt. There is the problem of student debt.
Student Debt Destroying Dreams In 2017, according to Studentloanhero, there was a total of 1.45 trillion dollars worth of student loan debt. There was 44.2 million Americans with student loan debt. If someone is choosing a big and prestigious college, without a decently paid ride or full ride, it will be costly. This leaves students with massive debt, even after college.
Society often believes college is a necessary experience for a better future, but I argue that the future will not be any better when student debt becomes a part of life for those who follow that mainstream belief. Most parents often dream of the great colleges and universities that their children will get accepted into; however, they fail to think of the cost to attend those institutions. Financial aids! Financial aids! Yes there are financial aids that students can apply to lessen the student debt.
As the school year comes to a close and the only thing on a senior’s mind is how are they going to pay for college? Throughout our high school careers we always get asked what our plans are after high school and never how are you going to pay for that next step of your life after high school. We barely get prepared for the real world in high school we are forced to take classes the school thinks will be good for us not what we think or what will be best for what we want to study for in college. How are high schoolers supposed to be able to pay for college when they don’t get prepared enough in high school to go on to that next level of schooling and have to more than likely go into debt just to be able to pay for it. Colleges should no longer cost an insane amount of money to go there.
Why People Should Not Go to College People should not go to college because is difficult to find out what career choice as a result of the inexperience and little information, the potential loans are overwhelming, and the huge necessity to start working immediately after school. In fact, many high school students go to college because it is expected of them, but that is not a good reason to go. If the students are facing pressure from their parents, friends, or teachers to attend college, but they do not feel ready. A person who wants to attend college should not take on such a large financial and time commitment just to please other people. College is expensive, and it does not make sense to spend money on a college degree if they are unsure of their path.
How likely is it for a child to get a disease? “Statistically, the chance of your child getting a vaccine-preventable disease may be relatively low. You are making a wager” (Childhood 1). Mainly, parents don’t want their children to be vaccinated in order to attend public school or tend to lack taking them on time to get the shots. A vaccination is being introduced to the body which will then produce an immunity to a specific disease.
