The Student Loan Crisis And The Future Of Higher Education: An Analysis

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Only a few decades ago, there was a miniscule volume of individuals who could receive a higher education in college. The United States is one of the largest immigrant groups in the world, with a large percent of first generations not getting the chance to go to college, so they place all their faith on their children. To a point, college was seen as a chance of better future for those same individuals, and it was worth the investment. Certainly, going to college is one of the most important steps we should take in our life, because it gives us knowledge, socialization with the real world, and a pathway to success; however, does a “value gap” (DiSalvio) exist in this higher education? Is it worth the investment? In the passage The Student Loan Crisis and the Future of Higher Education, the author, Wenisch, said that “the crisis in student loans has grown to the point that outstanding student loan debt will likely exceed $1 trillion in early 2012” (Wenisch 1). According …show more content…

According to a multitude of national data, roughly 40 percent of U.S. college students engage in heavy sporadic drinking. As time goes by, does higher education remain the quality and value as usual? I am afraid the answer might be no. In this case, education may not give us knowledge and hope of future, but negative attitude. Obviously, the uneven quality of higher education is not worth the investment. More people are beginning to realize that college is no longer the sole pathway to success. Unlike the past, people regard college education as a belief, but now most people recognize that college is not the only place for educating and that the price for this higher education is not worth the student loans that follow it. There is no doubt that higher education is still standing on an important position, but we have to think carefully whether taking out student loans for attending college is beneficial in a long-term

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