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State Of The Union Address Within Economics

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Anna Virozub Professor Mehrabi ECON 201 HC March 7, 2024 State of the Union Address within Economics and Personal Decision Making In a recent State of the Union address of 2024, President Biden reported new economic policies to alert the US Congress about center stage in public discussions. Among these guidelines, the emphasis on accessible education for youth, loan forgiveness, and hands-on experience without formal education has gathered my attention. In this paper, I will be delving deeper into these socioeconomic situations and policies, which undoubtedly play an integral role in shaping my future decisions as a college student. First, President Biden’s offer to invest more in education resonates deeply with my value of quality education, …show more content…

Furthermore, Congress could collaborate on implementing a nationwide program aimed at enhancing the availability and affordability of education, ensuring that all individuals have equitable access to opportunities for academic and professional advancement. While the availability of loan forgiveness programs would relieve the financial pressure on my family and allow me to make more informed decisions about my future, there are concerns about potential challenges, such as shortages of educators and institutional chaos due to capacity constraints. Nonetheless, the prospect of accessing higher education without the burden of overwhelming debt would provide me with the freedom to pursue career paths aligned with my passions and values, rather than being dictated by financial considerations. Lastly, the concept of gaining hands-on experience without traditional schooling, as discussed by Mr. President, presents a persuasive alternative to conventional educational pathways. As a participant in an experiential program, I can personally attest to the value of this

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