Student debt is unfair. I think school should be free to a certain extent. You should not have to pay for school until you decide to obtain a Master's or higher. Federal student loans started rising drastically in the 1990's it started out at about $1.3 billion and just about 10 years later raised almost three times the amount to about $3 billion. As our economy changes for the worst so does student debt. It the economy is doing bad then that means students are not making the money they used to. When the economy falls unemployment rises causing more students to take out more loans to survive in the economy.
What I don't understand is why don't the government look at things the way I do it just seems so logical to me. If our economy is doing bad educating people makes our economy better. There are more educated people to make more educated decisions about our economy that will hopefully make it better. Student Debt really sucks. I don't have any debt yet, but I am graduating soon and moving on to get my Master's and I know for sure that I will have to get loans if I want to further my education. I don't mind having to take out loans to ensure that my family has a successful future. But If I'm successful our economy is successful. Now why don't the government look at things that way? We have to come up with a better way to deal with student debt. The way our economy is right now students can't afford anymore debt; I know I sure can't. If no one in America went to college how advance would our country be? We would no longer be one of the top countries. We would be like one of those third world countries. Our government needs to look at student debt from a whole different aspect.
I totally agree with your thoughts on student debt. My junior year I began to take out student loans and it is haunting me already even though I haven't had to pay them back yet. Once we graduate, I hope that we can finally be able to attain the american dream adn buy a house,car and raise our family's comfortably, but I am not so sure how that will happen. Most of us will probably go back to school to attain a Masters degree in hopes of finding a job that pays enough for us to pay off all of our debt but of course...more school=more money (probably student loans)
ReplyDeleteI *love* your title.
ReplyDeleteYou're right about us, by the way. We are on our way to being a third-world country and if we don't watch it we could get there fast. America's economic future is very uncertain.
I am also someone that doesn't suffer from student debt. I agree with you about the fact that if we want to further ourselves with education then some point we will have to take out some loans to help us pay for the huge increase in student fees. Unfortunately because I don't want to have to deal with student debt that is a big issue to why I don't want to get my Masters degree like I planned. I rather hold it off until I could afford it. That doesn't really benefit me tho because I feel that nowadays in order to get a good job and be successful we are going to need more schooling. I am really hoping though I am able to get a good job once I leave here.
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