College Students With Debt And Debt Essay example

College Students With Debt And Debt Essay example

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In Cpcc’s online opposing viewpoints essay, “Student Loans”, it is argued that the methods of taking care of student loans have issues. The essay starts by making a point that borrowers get overwhelmed with debt. Consolidation would sound like a help, but really all it does is create more debt because it makes the payment period longer. The longer you wait; the more interest you accumulate. Then, the viewpoints in the article on student loans acknowledges that the government will continue to go even deeper in debt if no one repays their loans and gets saved by recovery acts. The essay ended by emphasizing that there is no way of getting away when you borrow. In the essay, I will argue that since loans are over burdening college students with debt, there needs to be more avenues to help them pay for education.
Overburdening loans of college students is a mind boggling issue. According to Bigelow, “37 million current and former students in the U.S. are now burdened with a total of $1 trillion in student debt, and they are finding it difficult to reach the lifestyle they dreamed of” (1). This is an issue that will probably never be solved completely, but it can be dealt with. If it is dealt with in a proper way, it won’t make so big of a dent in college students lives and pockets. It should also be considered that just because someone gets an undergrad degree, that they still will not make a lot of money; some professions do not make much at all. According to Stockwell’s study, “Average starting salaries for social workers are $32,000 with mid-career salaries of $46,000, it is difficult to make a $500 monthly student loan payment if your salary is that low” (8). The salaries that are stated sometimes can be lower because they just g...


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...den in your future.
In conclusion, free community college, community service, work study, and competitions should all be ways that students can work off their college costs. Student loans are left up to the students to take charge of; it is up to the students to actually work hard to get rid of their financial burden. If most students would start thinking about the debt that is going to be with them after undergrad school while they are in high school or even a freshman in college the amounts that are being announced as of today may become lower. In this generation you have to think for yourself and for the future. Those who work hard, and look to find every way possible to get rid of their debt will eventually accomplish their goal. So I encourage students to take pride in not only their education but the ample opportunities that exist to eliminate student loans.

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