Write An Essay About The Benefits Of Going To College

This article written by Allie Bidwell is about the class of 2013 and how much debt they incurred while at college. The average student loan debt for this class is $28,400. Bidwell states that this number isn’t all that accurate due to the low numbers of colleges that report their numbers. Out of all private and state institutions, only 57% reported numbers of debt or the amount of graduates with debt. Schools are ranked on a scale from high debt to low debt, with schools that have high debt averaging almost $50,000.

Also, in the past 65% of baby boomers with student loans still carrying debt for their own education. Only a few students can afford to attend a university without getting help to pay for college through loans from the government, family, or banks or even two or more. It is also reported that a moderate college budget for an in-state public college for the 2017–2018 academic years averaged $25,290. A moderate budget at a private college averaged $50,900 the average student loan debt is $37,172 per student. Even if a student doesn't complete the credits need to obtain their chosen degree students are still required to pay for the loan in full.

College Debt: Myth or Not? Many people have stated that student loan is a crisis. Because of this being stated, there are many high school graduates who cringe at the fact of going to college. The rumors of debt have led to many changing their minds about college. One should not change their mind due to the debt myths because in the outcome they will earn more money from their higher paying jobs.

Student loan debt has been a big issues for a while now which is caused by the high price college tuition that has more than doubled in the past fifty years in the United States. According to figure 1, in the past five years alone the tuition price has increased an average of 11 percent (see appendix). With the serious rise in tuition many students have taken out loans which means that more and more graduates from college are not only leaving with a diploma but also with debt. "7 in 10 college seniors graduated in 2012 with student debt, which on average was $29,400" (Lundberg 1). 70 percent of all the graduates are already in debt stepping out of college and moving into the real world trying to start a career in society for the first time which means that they will be starting in a hole and will have to work much harder to dig themselves out.

The institute of for college assistance and success did research on college student debt. The average debt of graduating college seniors with student loans is $29,400 (Average Student Loan Debt). Julian Berman a reporter for market watch did an article “What’s really causing student debt crisis, according to Sheila Bair. The national student debt of young adults is approximately $1.4 trillion (Jillian Berman). Max Lewontin writer for Christian Science Monitor discusses this topic in his article, How the Presidential Candidates Would Tackle Student Debt.

The average student graduating college in 2016 was in debt $37,172. Overall, 44 million American’s owe $1.4 trillion in student loan debt. That means more people in America are in student loan debt than credit card and auto debt. In today’s society, a college degree is a necessity for a well paying career. This means if you can not afford to go to college or if you cannot bear the student loan debt after graduating, you will not be able to find a professional career path easily.

College was always one of my biggest goals and something i do not plan on giving up on not even with the thought I possibly will be in debt during or after i get my college diploma. But this isn't the same situation for other young adults throughout the US, a lot of young adults don't even dream of college because of student debt. The thought of it alone almost made me feel like it’s something impossible. In this image unfortunately, I see my future and the future of a lot of my peers and family members .

The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.

This is a huge financial burden, especially for newly graduates who are just beginning to try and make it on their own. This is one of many reasons why some people will not go to college. Some do not think that the degree is worth the many years in debt trying to pay all the money off. They might feel differently if the amount of debt was decreasing, but in fact it is actually increasing every year. Between 1992 and 2012, the average amount owed by a typical student loan borrower who graduated with a bachelor 's degree more than doubled to a total of nearly $27,000(CNBC).

The average amount of student debt could be in between $30,000 to $50,000 as said in this quote,“10% of students graduate with over $40,000 in debt and about

For many people, college is an important key for their future. Some people go to college for the job opportunities and the new windows it can open. Others go just for the education and experience. A good education is beneficial from many different viewpoints; in truth, it is a possibility that one's adult life could be much harder than people care to think. One can have better wealth, is less likely to be unemployed, and a much higher chance of being closer to your family.

Every year thousands of high school students will receive their diplomas and become graduates. For many of us this is a major moment in young adulthood. One of the first major decisions many of us will make following that day will be whether or not to attend college. All through school it is constantly pushed upon us that college is the best way to prepare for a successful future. However, everyone does not feel that way.

College is useful to those who want a job as a lawyer or doctor. Those who want to be a plumber or electrician will benefit more from job training than getting a degree that they need to

Although college is stressful and time consuming , having your dream career, is a huge life achievement. Having a job isn’t the same as having a career “I've learned that making a 'living' is not the same thing as 'making a life”(Maya Angelou). If you sell yourself short by not going to college you’ll end up working just to make ends means not because it's what you enjoy doing, it's due to your family counting on it. Those who go to college will end up having a better future than those who don’t. I agree that going to college is more beneficial because my view on the topic states that in order to have a secure and clear future you must go to college.

People who might not be able to afford going to college nor have any interest in going to college do the things they love even without the aid of an education. Despite, college educated people are unlikely to be unemployed. And having a degree is not just about economic advantages. People with college degrees have more potential to be satisfied with their jobs. Furthermore, they are more possible to read to their children, which helps their kids be better prepared for school then other children.