They don’t expose the students to any other paths but getting a higher education. There are no high schools anymore that teach their students how to start their own business or invent their own product. They don’t educate their students on how to use the Internet to become more educated with things without going to college. In the 1970’s a college student could afford their college tuition without student loans or getting financial assistance their parents. They were able to pay by working a part time job year round or a job over the summer on their time off.
On the other hand, students who couldn’t receive enough grant aid sought other alternatives to go into college like getting loans. Depending on the amount of years one chooses to attend college it can rack up to an unbelievable amount. According to Edvisors, a financial aid website, “The class of 2015 graduated with $35,051 in student debt on average.” Imagine that! It’s no wonder that the students who didn’t receive enough grant aid chose not to attend college. It was because they did not want to accumulate a debt that in most cases they would have to pay throughout their lives, claiming that tuition cost is too much for
Most students will acquire a huge debt in college forcing them to find a job or multiple jobs to support themselves. In the study, “The Myth of the Student Loan Crisis” it disagrees that student loans are a problem, but the numbers of students who have earned a degree and do not use it in their field of work is astronomically growing. Student loans are causing people to have to settle for low-paying jobs, because they are having to pay month to month. Per a study by Jesse Rothstein most people with college loans will have a low-paying public job like waiting tables or becoming a secretary. People go to college and major in a subject because they want to love and be successful in their job.
“Once students graduate from college, they need to be prepared to start paying back any loans they took out for school” (Mooney 49). Sad truth about going to college is being in debt and trying to get hired. Even “About 70 percent of 2015 graduates had student loan debt” (Mooney 49). Naturally the only ones who aren’t in debt are the people who can afford college, but for most it is just too expensive. Even though college is important, it is not worth the price, because it puts people in debt, which ruins students credit, is extremely overpriced and students can live without it.
Before beginning college, the majority of students will take out loans to finance college expenses. Roughly, twenty million loans each year, and additionally 60% of the previous year (nces.ed.gov). When repetitively borrowing of money from our government occurs, there will always be a percentage of students who will not be able to pay them back immediately or at all. At first glance, these loans don’t look horrible because of the comforting idea of not having to begin making payments till six months after graduation or you drop out. Once ... ... middle of paper ... ...roblematic because the students miss critical experience of work and communication on a professional level in their area of study.
The program can become abused by people showing the government they are “looking” for a job, when really all they do is sit around and be lazy. I am not saying everyone does this; there are people out there that are using unemployment because they have no choice. But often enough, people misuse unemployment by not trying to get a job and... ... middle of paper ... ...fits for a year is quite crazy. Considering most adults, ages 24 and older, have college level education. A college freshman has a harder time trying to support themselves in college, having little if any experience, other than a high school education or a GED.
Most human beings begin college with high expectations of obtaining a degree to become successful in life. Many students are not academically prepared to meet the requirements needed to complete the courses they are enrolled in. The freedom of becoming an adult takes a great toll on the education of new comers to a college. Half of college students are likely to never receive a college degree. Attributes that contribute to a student failing in college is the lack of skills that prepares students for a higher education.
“Student loans can turn what should be a blessing—an education—into a burden” (Dave Ramsey). Student loans can cause many graduating students to feel lost and helpless because they have so much debt after graduating. Because of student loans, college students think they can just get through college and pay the loans off easily after they graduate since they will be making money. However, sometimes it isn’t that easy. You can graduate college without taking out one single loan!
The problem here is that wasting money to go to a college that will not guarantee you a career does not seem like the best idea. In fact, recent graduates are working with people that have never even attended college, which shows just how many jobs today require little or no school education. As far as debt goes, Rachel Dwyer states it all. Rachel Dwyer’s “Debt and Graduation from American Universities” describes how college students are facing high levels of debt as they attempt to acquire their money and ameliorate their career options. This shows how college students become overwhelmed with the thought of having to pay back all of the money accumulated over the year, so instead, the student’s new plan involves dropping out.
In high school, counselors push students to attend college first, and think about their loans later, without actually explaining how difficult it might be for some. It may be especially difficult for those students that are the first in the family, because they do not know what will happen, and how it will happen. Many are left to figure that out by themselves, learning as they continue their postsecondary education. While these students are left fending for themselves, it is clear to see how unethical some colleges act in providing an education. From 2008-2014, graduation rates remained below 70%, dropping to as low as 60% in some private for profit schools (DEPARTMENT OF EDUCATION CITATION).