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College Is Not Worth The Cost Essay

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As a child, we are told that we must have good grades and try our best in school, but why do we need good grades? Why do we have to go to college? What is the reason for this? There is a nationwide debate whether college is worth the cost, not just money but the mental and physical cost as well. It is evident that college is not worth the cost because of the strain on mental health, other jobs are present that do not require college, and students are left in even more debt. A human's Mental Health is one of the most important things in life. In order to not only be successful but to live a life, one must have good mental health that allows them to be happy and do what pleases them. When children are overwhelmed with school work they tend to become stressed and have bad mental health. This leads to a bad cycle where a student becomes depressed from the extra …show more content…

However, student loans are not offered to every student and if a student was to receive a loan they still have to pay it back fully or with interest. for instance, “1-3 trillion dollars of student loans, and 6 million vacant jobs that no one is trained to do” (rowe, E). Not only is there over a trillion dollars worth of debt that needs to be paid off, there are also millions of jobs that are not filled because of a large skill gap. it was also stated that, “students today are taking on More debt, and recently Tiding bankruptcy laws make it more difficult to shake that debt” (Wicker, F). All summer saying colleges or cheaper, they are wrong because the initial cost may be cheaper but the amount of debt that is left over is very large and paying off his debt because for a teenager who is learning and looking for a job while making no

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On the other hand, there are a variety of ways to pay off or not get into student loan debts, such as: scholarships, jobs or saving and community college. As one can see, in the article,” A Generation Hobbled by the Soaring Cost of College”, it states that people have to give up some things in order to pay off college debts. Because of people not knowing

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There are a lot of misconceptions about student loans. A lot of people hate them, a lot of people need them. The majority of people don 't understand every facet about them and that can lead to trouble. Given that there is over $2 trillion in student loan debt, and that the average graduate has almost $35,000 in student loans, borrowers need to understand these facts to make sure they are making the best decisions possible.

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In 2012, “...there were 6.9 million student loan borrowers aged 50 and over who collectively owed $155 billion with individual average balances between $19,521 and $23,820” (“Is College Education Worth It?”). An astronomical amount of people in recent years are being pushed over the edge by their unpaid college loan debt. Just a few mistakes in college and one may not have the means to pay it back. Some believe that college loans are getting easier to pay with increased support form the government, but reality displays that simply isn’t true. Furthermore, this debt has boomed in recent years.

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A major issue with this thought is the notion of obtaining a student loan to pay for a higher education and believing it guarantees success. Tilak Jandhyala, former Vice-Chancellor of The National University of Educational Planning & Administration, warns that, “The concept of student loans…has not proved to be a feasible solution to the problem of inadequate resources for higher education nor an antidote to the regressive effects of increases in fees” (Jandhyala, 19). There is no guarantee that a college education will allow anyone to make more money or obtain the career they want. Student loan debt forgiveness offers new graduates a fresh start and improves their chances of a better lifestyle. Not having student loans would mean relief for these individuals and give them the opportunity to buy a home, save for retirement, and invest in small

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Student loan debt has been a big issues for a while now which is caused by the high price college tuition that has more than doubled in the past fifty years in the United States. According to figure 1, in the past five years alone the tuition price has increased an average of 11 percent (see appendix). With the serious rise in tuition many students have taken out loans which means that more and more graduates from college are not only leaving with a diploma but also with debt. "7 in 10 college seniors graduated in 2012 with student debt, which on average was $29,400" (Lundberg 1). 70 percent of all the graduates are already in debt stepping out of college and moving into the real world trying to start a career in society for the first time which means that they will be starting in a hole and will have to work much harder to dig themselves out.

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Loans allow receiving a college education seem like a smoother process considering that such a hefty amount to pay is divided so that it can be paid for in moderation. Despite the fact that it’s split into many payments, it’s still a large quantity all in all so unless indebted students aim for high income jobs, there would many years of difficulty to come after college. For this reason, undergraduates make it their goal to go after jobs which would prevent them from being constantly pressured to pay off debt. Thus, student debt is both a crisis and a reason to encourage persistence towards greater ambitions (Hillman, 41). It is a tremendous thing when a student seeks to be financially comfortable or even rich in the future but not when it is for the wrong reasons.

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