Causes Of Student Loan Debt

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In our society the overwhelming student debt puts graduates in a position where they feel financially trapped. While attending Going to college, it is common for students to take out loans due to the increasing price of the tuition. These loans often weigh down graduates as they find jobs; they assume these jobs will easily pay off their debt over time, but this is not the case. According to U.S News, the average student loan debt coming out of college approaches $30,000. The average income of one quarter of students who graduate is $40,000. When the average cost of living in the U.S is $20,000-$40,000 a year, it makes it very difficult to pay that debt off. Inflation is one of the leading causes as to why student loans are increasing, …show more content…

I believe this approach is fundamental to begin social change, however I object as to say that action does not only start by leaders being leaders but by people developing their conscious as well. At times it is the leaders who want action more than the people do, and the people are not always willing to meet them …show more content…

The only way student loans problem could be fixed is by stop raising tuition costs at the stake of students best interest and not the economies and inflation. Inflation is affecting the whole economy; the price of gas is increasing, the price of houses, property value, basic commodity items etc. It only makes sense for tuition to increase as well; however, again it should not because the focus should be on students receiving their education, not making a profit of it. Its very easy for the university system’s to want to raise tuition and follow inflation, but the hard thing is keeping tuition and cost low for the biggest investment yet. Students are the future, and when they have to worry more about debt and finances than actually receiving their education it is not helping the future of the world. Bernie Sanders is an example of a great leader of social change with student debt. His focus is to make tuition free at public college and universities, stop the federal government from making a profit on student loans, and cut student loan interest rates. What makes him an exceptional leader is that he focuses on action with the best interest being that of the people. His best interest is creating a government that serves the people, not one that goes with the best interest of profit and that of

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