Essay On College Student Debt

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College debt is a universally known issue that remains one of society’s largest burdens today. Over the past ten years, high school students and graduates realized that they must seek a higher education in order to find a job that keeps food on the table. Attending a college or university is practically required in order to succeed in life today. Millions of people seek a higher education to pursue a degree, graduate, and acquire a quality job that supports their everyday needs. It often means a lot of money to pursue and earn a degree nowadays. What they don’t realize, is that paying their tuition and housing deposits is essentially signing a contract, costing them thousands of dollars in the near future and leading them down the dark path …show more content…

Daniels Jr.’s editorial regarding college student debt, it is clearly stated that college student debt is known as one of the biggest financial burdens on adults in the world today. In fact, “After tripling in just ten years, college debt totals more than $1.3 million” (Daniels 2*). That is more money than credit card and auto loan debts combined. Daniels illustrates this fact with pathos, drawing out the seriousness of the situation and the effect on the national debt. A solution for college student debt is almost immediately introduced following the presentation of facts. Daniels introduces Income-Share Agreements, which is a program under which, “A student contracts to pay investors a fixed percentage of his or her earnings for an agreed number of years after graduation, offer a constructive addition to today’s government loan programs and perhaps the only option for students and families who have low credit ratings and extra financial need” (Daniels 2*). Here, Daniels approaches the situation by persuading his audience to understand the seriousness of the situation, and open their minds to this idea of controlling how debt is paid off so that the effects of it are not detrimental to the student. Daniels concludes his editorial with an emotional appeal, stating that without implementation of the ISA, student debts will continue to rise, thus hindering not only their life progression, but the progression of the country’s

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