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Persuasive Essay On Student Debt

906 Words4 Pages

Aidan Autovino Mr.Allen English pd.3 20 April, 2023 Student Debt Imagine graduating college look at the amount you owe on loans for your education is over $20,000.The average federal student loan debt balance is $37,338. That's a lot of money for just one person to pay off! The federal student loan portfolio currently totals more than $1.6 trillion, from loans owed by about 48 million borrowers. Student debt is caused by the astronomical price of higher education that leads to crippling debt for college graduates and even dropouts; however, There are Government plans and scholarship payment programs created to help this issue be forgiven or partially assisted. Student debt are funds that are owed on a loan taken out for their education. student …show more content…

Such as potential forgiveness from high power spots which would be seen to help a lot. Some political candidates and elected officials have advocated changes that would eliminate all student loan debt, while others would eliminate at least some of it. Advocates for student debt forgiveness think it will help the economy ("Student Debt Forgiveness"). Debt will potentially be forgiven to those that are in need of the help. Debt is being discussed to only be helped with for the ones who need it so that loans do not become too affordable, they might be ensured to be a payable and reasonable price for the payer. And this will help tremendously (Mitchell). Students may start to get assisted with debt by better education. Officials plan to help pay off student debt for those who need it so the government will save money. Debt is being discussed to only be helped with for the ones who need it so that loans do not become too affordable, they might be ensured to be a payable and reasonable price for the payer (Mitchell). Another great solution is ensuring that the degree they graduate with is able to help them pay off debt with the job they get and this could help tremendously. Students might be assisted in paying off debt by graduating with a degree that will help them pay off their debt so that they are not in a bad place financially or be in a bad place with their credit score

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