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The Pros And Cons Of Student Debt

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Throughout the years, an influx of high schoolers has weighed their options about college. Most overlook the pros and cons of college, and immediately going for it. However, college has many downfalls some fail to notice. Such as the amount of debt or student loans one may have after graduation and graduate underpayment.

Debt, or, student loans, play a big part in deciding whether to go to college.
Nowadays, student loans can crush people. According to Source 3, student borrowers say paying back student loans affect them harshly in daily life,48% of student borrowers say, the loan makes it harder to pay bills, 25% say, it makes it harder to buy a home, and 24% say, it makes it harder to choose a career (Source 3).
Debt can follow borrowers well into adulthood and can cause some complicated problems. Alternatively, Source to states, "Those grads emerged with more debt...due to a struggling economy...as their debts get paid off and earnings rise, they may have a change of heart." (Source 2, paragraph 24). However, many don't finish paying back student loans until well into life, even past adulthood. By …show more content…

In Source 1, it states, "...majority of students...ended up earning less than $25,000..." (Source 1, paragraph 10). Most who attend college, or attended college, go for an advantage in getting into the working field or opportunities later in life. Nowadays, the main point in going, more opportunities for things such as pay, has decreased. Earning little in the working environment defeats the purpose of going for the opposite of said reason. Opposingly, Source 2 states, high school graduates make less than the four-year degree graduate. But in fact, high school graduates can make up to 62 percent of what a college graduate can. Especially since most of it did not toward the rising college tuitions and exponentially high rate of student

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