Student Debt Is Not A Myth Summary

687 Words2 Pages
bulb-icon

Recommended: The problem of high tuition

I choose to respond to Here`s Your Crisis: Student Loan Debt Isn’t a Myth by Chris Lewis and Layla Zaidane as my first article. This article depicts the state of student loans in the United States and the effects of student debt on our society. The authors describe the problems caused by the increase cost of tuition, unemployment, and loan default that college graduates face in our country and how it effecting the average graduate. In my opinion the document details many problems that are caused by the massive amounts of student debt that is accumulating each year. I believe this study showed that many students cannot pay back their student loans, but they cannot default on their student loans either. The article states that this crisis is …show more content…

As shown in this document the issue of college tuition debt is still a major issue in our country. I believe that this article has given many valid examples and reasons for discussion of the effects of tuition debt that should be analyzed before foregoing your own conclusion on this issue. The final article I choose to review is What I Learned in College by Josie Martinez. This literary article depicts many of the pressures that students face in college when they are choosing their classes. The document depicts how the stress of picking the right classes for a student plays a big part of the anxiety that they face on a daily basis. The article also describes how many students find that it is helpful when they compare many of their college classes in order to find the perfect class for themselves and their goals. In my opinion the document details the different types of classes that a college student will face in their college career. From fun and easy classes to hard and boring classes, many students will have to face a wide variety of classes before they

Show More
Related

  • Summary: The Imperiled Promise Of College By Frank Bruni

    690 Words  | 2 Pages

    Bruni begins by describing the golden promise of college as it appeared for baby boomers. In that time getting into college and completing a degree was enough to be successful. He acknowledges that this idealized vision of college may be inaccurate, however, he asserts that the issue is far more “complicated” than it once was. Bruni makes use of a recent (2012) debate over student loan interest rates in the U.S. to explore the issues surrounding college education today. While rising student debt is certainly part of the problem he suggests that the issue extends beyond that. College is now a “luxury item with newly uncertain returns” (Bruni). While rising costs make college a luxury item that not everyone will be able to afford, even those who can and do manage to go to college are not guaranteed success.

    Read More

  • Analysis Of A Generation Hobbled By The Soaring Cost Of College

    1289 Words  | 3 Pages

    Martin and Lehren’s article “A Generation Hounded by the Soaring Cost of College” addresses the issue faced by current and former college students dealing with large amounts of debt due to student loans. The article presents the reader with stories of former college students who have either graduated or dropped out, and their struggle to pay off their student loans. The article also talks about issues such as students not being informed about high amounts of student loans and why student debts have increased. Martin and Lehren also make the issue of student debt more intimidating by giving examples of high amounts of student loans students have had. The article gives a very hard reality check to anyone reading as to how bad the problem of student debt is.

    Read More

  • The Myth Of The Student Loan Crisis Essay

    1256 Words  | 3 Pages

    Many Americans are seeking an ideal presidential candidate for our next election; furthermore, many college students seek a candidate that has their best interest in mind, leading many to focus on Bernie Sanders and his ideas for an affordable education system. In the article, The Myth of the Student Loan Crisis, Nicole Allan and Derek Thomas focus the article on the risky investments of college and questioning the rising debt levels as a national crisis. While Allan and Davis claim the risk of college and mention rising debt levels as a national crisis; however, Allan and Davis use charts to support their stance while avoiding the issues Americans need to focus on, such as the rising cost of college, “justifiable debt”, and the cost of those not contributing to society.

    Read More

  • College as the Pathway to the American Dream

    2356 Words  | 5 Pages

    Wilson, R. (2009). A lifetime of student debt? Not likely. In G. Graff, C. Birkenstein, & R. Durst (Eds.). “They say, I say”: The moves that matter in academic writing with readings. (2nd ed.). (pp. 256-272). New York: W. W. Norton. This article examines how much debt in loans students leave college with and if it is possible to pay it off without it causing extreme distress.

    Read More

  • Market and Government Failures in Reducing College Cost

    1326 Words  | 3 Pages

    Garrahan, & John. (2014, May 02). Forgiving student loans won't fix crisis. Daily Journal Retrieved from http://search.proquest.com/docview/1520399845?accountid=27899

    Read More

  • Unraveling the Crisis of Student Loan Debt

    1728 Words  | 4 Pages

    Student loan debt makes up a large portion of the debt in this country today. Many defaulted loans are the demise of high interest rates, poor resources to students in educating them on other avenues and corruption in the governmental departments that oversee education and financing. There are many contributing factors that lead to the inability to pay off student loans which need government reform to protect the borrower’s best interests.

    Read More

  • Rising College Tuition

    736 Words  | 2 Pages

    According to the Bureau of Labor Statistics, college tuition and relevant fees have increased by 893 percent (“College costs and the CPI”). 893 percent is a very daunting percentage considering that it has surpassed the rise in the costs of Medicare, food, and housing. As America is trying to pull out of a recession, many students are looking for higher education so they can attain a gratified job. However, their vision is being stained by the dreadful rise in college costs. College tuition is rising beyond inflation. Such an immense rise in tuition has many serious implications for students; for example, fewer students are attending private colleges, fewer students are staying enrolled in college, and fewer students are working in the fields in which they majored in.

    Read More

  • Student Loan Debt

    1739 Words  | 4 Pages

    It is a norm and expectation in society today for students to pursue higher education after graduating from high school. College tuition is on the rise, and a lot of students have difficulty paying for their tuitions. To pay for their tuitions, most students have to take out loans and at the end of four years, those students end up in debt. Student loan debts are at an all time high with so many people graduating from college, and having difficulties finding jobs in their career fields, so they have difficulties paying off their student loans and, they also don’t have a full understanding of the term of the loans and their options if they are unable to repay.

    Read More

  • Argumentative Essay On Student Debt

    1491 Words  | 3 Pages

    Children of the twenty first century spend nearly 13 years in school, preparing for what is college, one of the only ways to achieve the so-called “American Dream”. College is the best way to start an advanced career and go further than one possibly could if college degrees were not available, allowing people to achieve their view of the American Dream; whether it be large houses, shiny cars, multiple kids, or financial comfort, college is the stepping stone to achieve the American Dream. But all great things come with a price, college dragging along debt. Students who attend college struggle to find ways to pay for it, leading to applying for student loans. These loans a great short term, paying for the schooling at the moment but eventually the money adds up

    Read More

  • The Higher Education System or Lack Thereof

    1952 Words  | 4 Pages

    The higher education system (or lack thereof) is not serving the country and its citizens. The increasing number of admission standards, exponential tuition increases, the financing of the cost through loans, and the boasting of turning students away all contribute to rising disparity between the quality of education that upper class families can afford compared to lower and middle income families. The rising costs of higher education in this country are problematic in that they fuel a disparity between economic classes. Capitulating the problem is the amount of debt college graduates have accrued at the time of graduation. The Institute for College Access and Success (2013) reported that 70% of graduates had and average of $29,400 of debt. This number primarily focuses on non-profit and private institutions. The average annual salary of a college graduate is $57,616 (United States Department of Labor, 2014). So many college graduates have accumulated a debt worth half of what their starting salary may end up being. The Institute for College Access and Success (2013) reported that 20% of that debt “is comprised of private loans, which are typically more costly and provide fewer consumer protections and repayment options than safer federal loans3” (p. 1). This is an oversimplification in that it is looking at a very general population. Based on the degree and the subsequent employment, income will vary as does the institution attended and the student’s economic status affect the overall individual debt.

    Read More

  • Is College Worth the Money?

    1151 Words  | 3 Pages

    Imagine telling a student who just graduated from college that you have wasted four years of hard, stressful and even worse, expensive work. Unfortunately, in this cynical society today, the world isn’t just full of competitors, but it’s full of greedy money-grabbing businesses. The worst businesses aren’t manufacturing or electric companies, but colleges and universities. In Caroline Bird’s essay “College is a Waste of Time and Money,” she examines how college has been viewed for so long as the best place to send high school grads no matter whether they actually want to go or not. She adds that students don’t realize how much college costs and are wasting their parents time and money, which is especially a horrible thing to waste. Now that the economy is better since September 11th and states have been stabilizing their budget debts, it doesn’t make sense that tuition prices higher than ever for college students.

    Read More

  • Student Debt

    787 Words  | 2 Pages

    The American dream was brought about in the 1930’s and for centuries the dream has been a goal wished by many and pursued by few. The American dream has been noticed in famous novels including The Great Gatsby, Watchmen and Revolutionary Road. The historian by the name of James Truslow Adams used the term during the great depression to recognize, moral values, religious practices, and societal expectations. In reality, most people start dreaming and setting goals in their life when they are young. In modern day, Student debt is crushing a generation of non wealthy Americans, home ownership transitions have declined and it is becoming harder to make ends meet. In consequence, the American dream, is now dying in the light of young Americans.

    Read More

  • Student Loan Debt

    949 Words  | 2 Pages

    As Graduation comes near we all like to believe that our careers begin debt free behind that glass door, and we turn the knob and all our hard work will have paid off. When in fact, the glass door shatter and the student faced with the reality of paying back student loans. There is little dispute today that the number of students who have student loan debt has increased.

    Read More

  • Education Debt: The Problem and Solutions

    1138 Words  | 3 Pages

    ...ggled with high debt burdens that adversely impedes their lives. Also, it will threaten to the affordability and success of higher education in the US. I believe that through my research paper in can prompt American college students to make wise and informed decision on financing higher education. Moreover, it will make the education policymakers aware that the rising education debt has a serious implication for college access and affordability, prompting them to decrease total student loan debt amounts by holding down college tuition and increasing the federal student aids.

    Read More

  • Argumentative Essay On The Cost Of College

    1107 Words  | 3 Pages

    The cost of college can promote a serious and focused class environment. Perhaps the rising costs can be attributed back to public money that has been too easy and a lax work environment (Wobbekind 93). An increase of college cost may be subliminally inforced to filter out individuals who will work harder in their studies from those who do not have the ability to keep up. A constant internal consideration of the price may push students to do their best in order to avoid thwarting their chance to better themselves. However, this constant internalized conflict often proves detrimental to those seeking

    Read More

More about Student Debt Is Not A Myth Summary

Open Document