Student Debt Reaction Paper

962 Words4 Pages

There are always economic issues centered around our culture. Not everybody in the United States is wealthy. As a matter of fact, most are not. Luckily for me, I have never been faced with these economic issues. My family is a fairly wealthy family, but not to the point where my parents just have money to throw around. So I have to pay for my education myself which is totally okay by me. However, this year entering college I realized that I soon will be facing economic problems. When entering college, I thought I would be paying at most $20,000 a year as promised by Moravian. Which is a substantial amount of money to begin with, but I made that my maximum I would be willing to pay. Therefore, I was comfortable with entering Moravian since …show more content…

As far as my situation goes it is easily relevant to the sociological imagination. Student debt is a country leading dilemma that most citizens who attend college face. That is why student debt was such a huge touched upon topic during this year’s presidential campaigns. To break down the statistics the country in total owes $1.3 trillion dollars in student loan debt and the average class of 2016 graduate has $37,172 in student loan debt (Student Loan Hero). That to me is insane. You work so hard to get through college just to be in debt as soon as you graduate. There is the positive that you get a better job since you attended a college, but you are still playing catch up for the beginning of your life. That is a public issue that I am going to be directly facing. I am only a freshman so I still have a long way to go, however I am not oblivious as to what I am facing. Along with many other college students I will have a large sum to pay when I am done with college. The fact of the matter is that this is a reality I will need to face and I am not alone in facing this