ipl-logo

Cause And Effect Essay: The Cost Of College

932 Words4 Pages

Many people want to go to college but the cost of college is very expensive and people don't want to pay that much to go to college. There must be an easier way to pay for college so that you can go to any college you want to. There is a lot of benefits that you can get to go to college. Some of the benefits you can get are scholarships. Scholarships are money that you don't have to pay back and will never have to ever in your lifetime. You get that money by writing an essay or by filling out an application.
You can fill out as many scholarships as you want if are eligible for that scholarship. Many people try to fill out as many as you can so you get as much money as possible so you don't have to pay as much to go to college. Scholarships are a great thing to get when your going …show more content…

They think they don't have to pay it back but they do and that's why it takes so long to pay back. There is grants you can also receive in getting money for college. Some kind of grants you can get is Federal Grants. You can get a federal grant if you are a student attending a four year college or universities, community college or a career school. How you can get federal grant is that students are awarded to students with financial need or know as parents that don't have a great job. Some bad ways to get yourself into trouble in college is using a credit card. You never want to use a credit card unless it's a debit card because debt takes it out of your account. When you use a credit card it can add up while you are in college. While using a credit card you don't know how much you spent until you get your paper at the end of the month and see what you have to pay back. Many people get into trouble while using a credit card at college but most students don't know that they have to pay all of that money back. According to usnews.com $24,000 was added to educational loans, graduates on average owe close to $30,000 in

Show More
Related
361 Words | 2 Pages

Why College Isn’t Worth It Attending college is something that many High School students look forward to as a buffer or a way to make the transition into adulthood easier, but a rising question has people considering: Is going to college really worth it? While some describe college as their best years, it leaves most attendees in debt and with a degree they may never use. Between tuition fees, traveling, housing, food, and textbooks, all college students are bound to owe at least a few thousand.

Read More
1031 Words | 5 Pages

College helps people find their career path but comes with a hefty price, so many people take that risk and are left with student loans they have to pay over their lives, however, colleges can lower

Read More
1402 Words | 6 Pages

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.

Read More
395 Words | 2 Pages

Thousands of people who graduate high school consider the option of going straight into the work force or going to college to further your education. However some don’t consider college because of the cost of tuition. College is worth the expense of tuition because even though student loan debt and tuition can be a problem there are ways out of that situation. The first reason college is worth the expense of tuition is that Scholarships help pay for school.

Read More
936 Words | 4 Pages

College debt can have a crucial and long-lasting impact on students’ futures and life choices. Student debt lowers their credit scores and affects their future financial wellbeing, inflicts mental health

Read More
326 Words | 2 Pages

One of the most famous Myth is that You don 't need to worry about your student loans while you 're in school The biggest mistake you can make is to blindly take out student loans without considering your major or future career or without finding ways to minimize your debt while in school. Another Myth is that Student

Read More
1373 Words | 6 Pages

Grants are a blessing, as it's free money. Scholarships are a lot lake grants. Therefore, scholarships is money that is given to you. I have researched, and found many random scholarships, and all you have to do is fill out a small essay and fill out an application and you are awarded free money. Free money, that you don't ever have to pay back.

Read More
1548 Words | 7 Pages

Students often leave school or graduate school with loads of debt. High schoolers going into school notice the debt that they will leave school with but they can not do anything about it because the colleges make money off of the student loans. Colleges often charge a lot to go to their school and, “The average graduate student owes up to $90,170 in cumulative federal student loan debt. 54.2% of all graduate school completers have federal student loan debt from graduate schools; 60.5% have debt from their undergraduate studies” (Hanson). Students leave school with tons of debt and students rarely leave without student debt.

Read More
773 Words | 4 Pages

Debt caused by student loans is unnecessary when going into training, education, or college. Students take out student loans because they do not have enough money to travel through their higher education without going broke. It is possible to finish college without taking out student loans. Way to prevent debt after college is to apply for as many grants or scholarships as you can and to save up for college while still in high school. Both of these methods will help you avoid taking out student loans that jumpstart your debt in adult life.

Read More
1451 Words | 6 Pages

When students are not worried about money, they can focus better on their school work. Even when students have loans, they may find themselves stuck worrying about how they will have to pay them back in the future. This added stress can negatively impact their focus during the time when they are supposed to be learning (Wiediger). Some other factors that go along with stress are anxiety and feelings of shame. A 2021 mental health survey indicated 1 in 14 borrowers experienced suicidal consideration.

Read More
818 Words | 4 Pages

A scholarship is an award of financial aid for a student to help further their education.

Read More
485 Words | 2 Pages

Do NOT use a credit card!!! If you are someone who loves to spend money then having a credit card is the worst thing you can do! Credit cards are for spending cash that YOU DO NOT HAVE! Not to mention that people who are fresh out of college will probably have to pay high interest rates on that card. So if you are using credit cards to buy furniture, expensive toys, clothes, etc.

Read More
817 Words | 4 Pages

The phrase “education being worth it no matter the cost” has been drilled into students as well as their families. This has led to student loans eclipsing a total of $1 billion every year, and in total reaches more than $1 trillion. While most loans don’t have to be paid off until after graduation, many students aren’t able to find jobs to subsidize the loan payments once they have

Read More
766 Words | 4 Pages

Paying for the first two years of college leads to more debt for not only yourself, but the college that you choose as well. In America, 70% of college students are in debt. To be more specific we are currently $1.2 trillion in student debt. The reason being is because college is just simply to expensive.

Read More
474 Words | 2 Pages

Going to college world helps you achieve more in the future. Did you know that if you go to college it can help you get better jobs and also better pay, it is also helpful if you have a career you want and colleges teach it you may have a better time getting into what you want your career to be. College graduates earn more and also are more likely to get better jobs in the first place and if you live in america some people really care about that. Data shows that getting a college degree is still a good idea because if you get a college degree you can almost likely get a better job and even a better pay.

Read More

More about Cause And Effect Essay: The Cost Of College

Related Topics

Open Document