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Student Debt Speech

507 Words3 Pages
Student Debt

Good morning ladies and gentlemen, a major issue has occurred in the United States.This issue is college debt, if you couldn't hear me the first time, COLLEGE DEBT. 65.9 percent of the United states population goes to college. The main concern is the price of colleges have skyrocketed. Ever since college attendance went up since the 1970’s. Many students in the low and middle class have no choice but to apply for a student loan. College debt is a big issue and has brought to my attention
Do we all love our kids? Do we really want to see little defenseless college students that were just introduced into this world. A survey went around the world that only 30 percent of college students get a good healthy mean in each day before
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Argumentative Essay: Embracing College Debt "By making college unaffordable and student loans unbearable, we risk deterring our best and brightest from pursuing higher education and securing a good paying job" (Pocan, 2016). High school seniors advance into college with little income and no knowledge of managing large expenses. Although college incurs significant debt, it has positive lifelong benefits such as a better job, higher salary with benefits, and obtaining an opportunity for a fuller life. College graduates tend to have better employment opportunities.

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Over the last 12 years, federal student loan balances have quadrupled, exceeding $1.1 trillion (Lee and Looney, et al.). America’s student loan debt has skyrocketed to over $1.1 trillion. In the United States, student debt is a known problem that haunts many students and alumni due to the high prices of colleges. Many may argue student loan debt is worth it because of the job opportunities and higher earnings that can justify the debt. In contrast, others believe college prices should either drop or that the government should help with the debt.

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The Student Debt Crisis The look into college can be frightening these days. College seems to be an overwhelming topic because of the expenses. Over 50 million college students are in debt in America, collectively owing almost over 2 trillion dollars. The student debt in America is a serious problem for many young Americans trying to get a higher education and continue on with their lives as adults.

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College debt is developing into an immense issue in the United States with about 1.3 trillion dollars worth of college debt across the country in 2015, which is about a 39% increase since 2011 (Redd, 2016; Goldrick-Rab and Kendall, 2014). This debt is not just piled on a small portion of people; according to Redd, “about 10 million college students took out student loans” in the 2012-2013 school year (2016). The average tuition at in

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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.

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Specific Purpose: To inform my audience about life as a college student. Central Idea: College life is a unique experience that teaches people knowledge they will keep with them for the rest of their lives. Introduction I. Attention Getter: Imagine the stress of being 30,000 dollars in debt or more.

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was $51,000. In looking at college costs these days, it’s not hard to see why student loan debt has reached crisis proportions. Just do a Web search for the phrase “student loan debt” and you’ll find a cascade of amazing articles and statistics. For example, here’s one headline from a recent article about the scope of this issues: Americans owe $1.2 trillion in student loans, surpassing credit card and auto loan debt totals. It’s hard to comprehend 1.2 trillion dollars.

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According to the last recording of student loan debt, the total amount of the United States student loan debt is roughly one and a half trillion dollars (A look at…). Statistics like these present the urgent need to resolve the major financial issue of student loan debt. Solutions have been given by many people to solve this issue but most solutions fail. The main reason behind student loan debt is falling to far into debt to the point where it is almost impossible to come back. The origin behind all of this is a lack of a student loan amount cap.

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