Combating Student Loan Debt in America

856 Words2 Pages

One of the biggest issues that America currently faces involves the student loan debt. It is very unfortunate that although the purpose of loans are to help students achieve their goals and dreams, it may very well be the one thing that holds myriad of college students back. As quoted by Martin O’Malley, former governor of Maryland, “ Today, our kids aren’t getting the same bargain. The vast majority of students — 70 percent — are graduating with debt. Although average tuition at a public four-year college has more than tripled over the past 30 years, a typical family’s income has barely budged.” Now the real question posed is: how exactly does one solve the problem of student loan debt in the United States of America and how does one go about
It is clear that this problem has gotten way out of hand and if we do not fix it now, there is no doubt that the nation will fall further down in number value for producing college graduates (Malley). To start off, the best way to prevent oneself from the burden of student loans is to avoid taking them. Of-course, while this is easier said than done, many students do not realize the opportunities they have, nor do they take them. Many fresh, first year college students go straight into attending a university with thousands of dollars of tuition because they feel that community colleges are not worthy of attending. Unfortunately, they do not realize that regardless of what college or university you attend, as long as you put effort into achieving your goals, you will succeed. Attending a community college is a great way to save thousands of dollars, and it is a step that all first year students should take. Nowadays, many professions require a master’s degree and so it is very unrealistic paying the yearly average thirty to forty thousand dollars, for a four year university. Paying that tuition value for six years itself adds up to about one eighty to two hundred forty thousand dollars,

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