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College Debt Essay

1447 Words6 Pages

“It is not where you come from. It is where you are going that counts.” As aforementioned, Ella Fitzgerald says this to anyone at any stage of their life. She emphasizes the importance of looking ahead into your future, whether applying to college, improving upon your mental or physical health, working a job, or spending your life with a perfect person. This message is heavily put on college students and all their future decisions. Outside forces, such as debt, take a toll on scholars as they try to proceed in life, making that desired place they are going off the beaten path. Due to the financial demands that colleges stress on students, college debt affects physical and mental health, home zlife, and much more than what meets the eye. The …show more content…

In terms of college, this quote is very enthralling because the money made that is going towards college debt will disenfranchise somebody. Now till the end of time, whether students have money to spend or not, there will always be a visible imbalance between the two. After college, most people do not appreciate how long it will take them to repay. In the United States, as of 2023, the student debt price is over 1.6 trillion dollars. If you also take into account paying this off day by day, all experiences will have to be changed. Going to parties, out with friends, or money in case of emergency will always be a questioned thought due to one’s financial situation. Paying off debt is vital to one's credit score and ability to secure loans. While exploring the article, “Debt Burden after College” states, “The amount of debt a student accumulates by graduation can influence an array of decisions and experiences.” This quote means that the money due at the end of a student’s college years will not only influence but affect the rest of a student’s life. Choices such as what you want to do with your life and who you want to be in it can change …show more content…

If it targets your mental and/or physical health it will leave you with problems that no form of education is worth the risk of health. Moreover, the employment rate of workers in college has grown so much over the years. Students are becoming burnt out because they need to make a steady income to pay for their teachings. Another thing to mention is that people will have fewer opportunities or experiences because they will not have enough money. College finances soak all the money out of students making parts of their life incomplete. To add insult to injury, families will be ruptured creating problems that might never be fixed again. As you can see, while colleges provide excellent courses to further education, they also have calamitous effects. The pessimistic consequences on students due to the financial demands that colleges stress on students, such as college debt affecting physical and mental health, home life, and much more than what meets the

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