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The Pros And Cons Of Student Debt

217 Words1 Pages
Under such a cruel financial burden, fewer young people actually complete their college. Those who cannot afford the college and eventually drop out of school become the “forgotten majority” (Kamenetz 500). There is no doubt that the student debt is the culprit that kills many young mem and women’s college dreams. Whereas, the fact that young people can hardly get a well paid job to repay the debt is the other side of the story that should not be ignored. The post-industrial economy revolutionized the way jobs get paid. In a word, the more education one receive, the more likely he will find a better paid job. On the other hand, the “forgotten majority” mostly fall into the entry-level jobs and get the minimum wages. As a result, they will
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