Argumentative Essay: Student Loan Debt Problem

Student Loan Debt Problem Many people worry and stress each day about one problem. You may not be surprised it on money but you may be surprised that its student loans. Students worry about this all the time. Even I worry about it and I’m still in high school. Also some people may say it’s not a problem but they probably get it paid for while the rest of your have to work for it. Just think coming out of high school making $7.75 and hour and getting a $9000 loan annually until your done. There aren’t many positives, its worldwide, and mainly a US problem. Everyday US millions of people go to school but in many cases you have to pay. If we lowered student loans more people could get educated with less stress making the world smarter. To start

The US isn’t even the highest annually. According to Yale University, a highly respect college across the world, the US is at about $8,300 annually while the United Kingdom $9,000. The United Kingdom has almost reached $100billion. They also state that the level of student loans has tripled from a decade ago. In China a farmer has to work on average of 14 years to pay for college and that’s only about $2500 dollars annually given they probably don’t make as much (“Yale University”). Yale also says some 40 countries including brazil, Germany, and Sweden don’t charge tuition which can be helpful but the problem is there are 195, according to my math and I’m no math wizard is 155. That means 155 are charging to go to college. A whopping 70% of students have to take out a loan or borrow money. (“Yale University”). Are colleges a business? Or hear to educate kids. For example my older sister is in college at University of river falls Wisconsin and plans to transfer to the University of Minnesota which is more expansive and as of right now she has to pay $7,000 a year just for room and food. With that, that’s not any college education or books. Its $15,000 a year at River Falls, after going there 3-4 years and transfers to Minnesota it will be$25,000 per year for a year and a half. That is $70,000-$85,000 by the time she is done graduating. Now take into account maybe having some from with friends and spending