Argumentative Essay On Financial Aid

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It is no question the number of students that are in a position where they are completely devoted and dedicated to striving for an education seeking a great career. However, it's no surprise that to many of these students their opportunities toward their dreams begin to minimize when the concern for the cost of education is taken into account. The way financial aid is given out is considered to be unfair to countless people. Financial aid is a need-based aid given to students based off of their family’s financial information. To some this may seem like the most reasonable way to handle it. Unfortunately, it is not. While today financial aid is given based solely on financial need, I argue that it should be given based off a student’s grade point average. Most people today that collect financial aid drop out, flunk …show more content…

Financial aid money comes from the government; well, taxpayers are the ones funding the government. Which means that taxpayers are paying for the same students that do not even show up to class, much less pass, to go to school free of charge. In 1992 there was a calculation of how many students graduated from a four-year college (Bowen, Chingos, & McPherson, 2009). It reported that only 40 percent of students in the low-income tier actually graduated, compared to a whopping 72 percent of students ranked in the higher income tier.

The study shows that the students in the low-income tier that received financial aid did not even receive their degree. So, what does this mean? It means that millions of dollars that are taken out of Americans paychecks are going to complete waste; paying for those students schooling that do not even take their education seriously. While on the other hand that most of the large percentage of high-income students, that essentially graduated and received their degree, did not collect financial aid and are drowning in debt. Forced to pay back thousands of dollars in student

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