The Pros And Cons Of College Debt

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What if you were told college was cheap? Well we all know that's not the case. Over two thirds of college students graduate with unexpected debt.Yet, the already high tuition rates in America are still on the rise.The perks of attending college do not come without a hefty price and unfortunately students have to deal with crippling inescapable debt. Whether it be from student loans or private investments there is a little over one trillion U.S. dollars in unpaid student loan debt (Martin&Lehren 4). Although many students have to deal with the unprecedented financial burden college debt can be prevent by seeking scholarships and grants, working and saving throughout high school, or attending a community college.
Many opportunities are out there for future students to lower the cost of attending their college. Generally while in high school students learn of scholarships. Scholarships are a great way to get some extra money to help with the expenses of college. However most of the time they do not cover the full tuition because they are not meant to. But, this doesn't mean they are not helpful ,scholarships can range from $500 to around $10,000 and at the end of the day that's a …show more content…

Community colleges are a fantastic way for students to get a degree without having to pay $28,000 in tuition.Furthermore, community colleges can offer the same education as some big name universities for a fraction of the price.For example, the annual tuition to attend a private university in Arizona is around *$16,900: whereas the price to attend a community college is only *$2,280 (Nat.Cent. for Edu. Stats. 7). With a job a student could easily afford to pay off the tuition without a need to get a loan leading to debt. Conversely, community colleges do not have dorms and are typically smaller campuses. Attending community college also has the downside of not being able to offer certain