Increasing College Expenses And Overwhelming Student Debt Essay

Increasing College Expenses And Overwhelming Student Debt Essay

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Increasing college expenses and overwhelming student debt not only limit access to valuable higher education, but stop adolescents people from backing to a much needed thriving middle class. We as BMCC students experience in our daily college lives the inflation of our generation, which makes the cost of living really expensive and we work hard to get a college degree but financially we can’t keep up and end up dropping out or having a ridiculous amount of debt that we need to pay off, even when we are retired. The administration only has so much control when it comes to offering services, but I think the State of New York should take control. As an American we all have the right to a higher education and in doing so propose that the main service be offered to students is a tuition-free college education at any community college, like here at BMCC, as it would erase student debts and empower the economy.
First of all, you have to look at how student debt impacts our economy. In the film Inequality for All, Robert Reich, the main ambassador in the film, explains how there is a gap in the wealth distribution in America and how do to numerous factors has an impact on student debts:
Student debt has exploded to an estimated $1.1 trillion -- more than credit card or automobile debt. In 2005, the average student loan debt was just over $17,000; by 2012, it was above $27,250, an increase of more than 50 percent in seven years. More than a third of young people under 30 are now seriously delinquent on their payments, owing a total of $113 billion -- more than the total sums state governments spent on higher education last year. And unlike other debts, these debts can 't be cancelled in bankruptcy. We 're creating a new generation of semi...


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...student loans and the GI bill for veterans is not enough and a much respected figure like Robert Reich would agree.
A decent society wouldn’t push millions of students into debt. It would recognize that higher education isn’t mainly a personal investment; it’s a public good. (Reich, Inequality for All)
So in giving a free education and student benefits like free transit will benefit society in the long run. It will encourage students who want to learn and develop their minds, to chase whatever degree they want and the quantity of their choice without being disabled by money. I urge administration to stand with this cause to create a better educational mindset and as students at BMCC, you have such a bright future ahead and I believe we should unite together and advocate for the tuition free education we deserve and spread it across the state boundaries.

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