Why Students Take Out Loans And Wilson - 1941 Words

I owe $40,000, I owe $60,000, I owe $100,000. Isn’t that a lot of money for one person to owe? Graduates have been faced with a serious problem brought about by the constant borrowing of money to gain a reputable education. The debt of loans varies from person to person but the extreme amounts that individuals owe is something the media finds worth gossiping about. Little does the public know, in reality, all the commotion and conversation about these debts are not accountable for the majority of college borrowers. According to A Lifetime of Student Debt? Not Likely by Robin Wilson, she intrigues her targeted college audience by giving examples and providing awareness that most individuals are paying back their students loans within a timely manner with just a few sacrifices. Wilson emphasizes that the real reason individuals have an outstanding debt is because â€Å"they are determined to attend their dream college, no matter the cost† (257). There are various reasons why students take out loans and Wilson is determined to clear up the confusion of student debt, she encourages college students to take out loans even with media’s negativity, and lastly she tries to enlighten this targeted college group that debts are repayable with additional sacrifices but in the end, that debt was the best decision they have ever made. The majority of individuals overhear media and see newspapers headlining the outrageous student loan stories. â€Å"Is it going to be the careful story driven by theShow MoreRelatedCareer Path Of Higher Education888 Words   |  4 Pagesinterest is the key. If the student decides they want to follow the trail of higher education, they will need the money or will take out loans. A higher education these days is getting more and more expensive. Finding a job right out of college with their degree is difficult for many students. If the student earns their degree but cannot accrue a job their time and money will sit there on a piece of paper. Receiving that degree or certificate will again and again give the student a higher chance of successRead MoreA Lifetime Of Student Debt1050 Words   |  5 PagesIn recent discussions about college, a controversial issue has been the great amount of student debt owed by students. Hence, many students have opted to not go to college because they do not have the money to pay their student loan debts. In the essayâ€Å"A Lifetime of Student Debt? Not Likely,† Robin Wilson argues that graduating college with student loan debts is a still better option than not attending college. On the other hand, other people contends that people should not go to college becauseRead MoreEndless Possibilities in Education1845 Words   |  7 Pagescost just keeps skyrocketing. If a high school stude nt takes concurrent enrollment classes it does help them with the cost of a college education. Or at least, this is how it seems in America. Most American high school students want to go to college and even dream about it. With our current economy students cannot afford to attend the college of their dreams. Parents either are forced to help their children or the child must take out a student loan. When most people think about collegeRead MoreA Lifetime of Student Debt? Not Likely by Robin Wilson1986 Words   |  8 PagesNicole Minabe Professor Parker RWS 280 March 10, 2013 The Beauty of Student Loans I owe $40,000, I owe $60,000, I owe $100,000. Isn’t that a lot of money for one person to owe? Graduates have been faced with a serious problem brought about by the constant borrowing of money to gain a reputable education. The debt of loans varies from person to person but the extreme amounts that individuals owe is something the media finds worth gossiping about. Little does the public know, in reality, all the commotionRead MoreShould College Tuition Be Paid?1687 Words   |  7 PagesTyra Wilson Professor Jill Erwin English 102 2 December 2015 Being Able to Afford College Throughout all of high school, and especially during their senior year, the only thing students seem to hear about is college. They have to attend tours, fill out application after application and decide what school will be best for them as a person and their career path. But what most people seem to stress over more than anything else is being able to actually pay for college. College tuition is high in priceRead MoreEvaluation Of The Program Costs1201 Words   |  5 PagesOverview of Program Costs According to BYU’s website regarding the MSW program, it states that â€Å"our program takes 20 months of full-time study to complete. You will pay tuition five times.† With a tuition of $3,250 a semester for graduate students at BYU, I will need to pay a total of $16,250 of tuition. While the price for books and school supplies is not explicitly stated, I am estimating that it will be an additional $300 per semester, or $1,500 for the five semesters. This would increase theRead MoreEducation Is The Best Choice For All High School Graduates1207 Words   |  5 Pagessomeone with a degree. She points out that sometimes college is a waste of time and money. The money a college graduate earns is not much different compared to the money a high school graduate makes due to college expenses, loans and interest rates. Moreover, Bird dislikes how in today s society, a degree defines a person. Many people idealise that college will help them obtain a successful future. Bird coun teracts this education ideal by providing an example of a student going to college and not findingRead MoreEssay about College as the Pathway to the American Dream2371 Words   |  10 Pagesobtaining the American Dream, primarily because receiving a higher level of education tends to lead to a higher paying job and furthermore a financially stable future. However, this isn’t always the case due to an increase in the need for students to take out loans and increase their debt in order to afford college expenses. College = Career Readiness Over the past few years, people have begun to see going to college as a way to achieve the American Dream through career-readiness. People used toRead MoreEssay on Are Colleges Worth the Price of Admission?4197 Words   |  17 Pagescareer field at vocational schools. Such schools certainly seem to have some valuable qualities: all boast of having lower costs than other colleges, of their absence of student loans, of allowing people to make more money quicker, of being narrowly focused so students don’t have to take classes they don’t need. They attempt to point out apparent weaknesses in liberal arts colleges as well, claiming that such an education is unnecessary in today’s world. However, for every reason to go to a communityRead MoreThe Ghetto Of A Caste System1630 Words   |  7 PagesDisaster) I pose the same question in regards to the ghetto blacks struggling for life in the inner city. I once had a conversation with my baby sister where she asked me wh y there are not any white ghettos. After pondering on the question, I told her that there are white ghettos it is just that they do not have to kick the man of the house out to get food stamps. Their kids do not grow up fatherless. They do not have to put him on child support to receive government help or get Medicaid. They do not get