In Robert Appelebaum’s. “Debate on Student Loan Debt Doesn’t Go Far Enough”, Applebaum discusses the insufficiency in support the government gives to former college students. His essay serves as a wake up call for Congress to consider a bill enhancing financial aid to debtors across the nation. Applebaum emphasizes on the idea that college tuition today do not correspond with the average salaries people get. As a whole, Applebaum establishes ethos by using formal language throughout his essay. In
GIVING STUDENT LOAN: A VERY RISKY ACTION, BUT IT’S THE FINAL SOLUTION E ducation is a very precious investment, especially in this era of AEC. BPS shows us that only 1.7 million (1.4 %) of 122.38 million labor forces who can compete in AEC. The main factor of this tragedy is the level of education that is still very low, it can be easily understood when we see that the number of young generations who continue to educate them selves in higher level (colleges) is very low, about 18,4 % from age group
Making college tuition-free would fix many of these problems now affecting many United States students. “Statistics show that barriers to a degree are an economic burden. Social mobility is nearing an all-time low, education is becoming an inherited privilege, and the rising costs of higher education unfairly impacts lower-income groups (Eskow).” Rising tuition doesn’t help the lower-income students, it destroys
"The Impact of the US Financial Crisis on How Students Pay for College." International Higher Education 54 (2015). Students’ debt is a crisis that will affect most of the sectors of the US economy and might have a global impact too, especially on the higher education, many people also considered it as the worst financial situation in the United States since 1930s (22). Although most believe that the impact of this crisis is drying up of students’ loans, in fact the real problem is that the capability
Student loans are every student’s nightmare. A nightmare that never has an ending. Many may ask what are student loans? Student loans are money loan to be able to be used towards college tuition, housing, books or any college expenses. Several believe college loans should apologize, and never to be paid for. Robert Applebaum, a graduate of Fordham University School of Law, began a petition regarding Congressman Hansen Clarke “Student Loan of Forgiveness Act” arguing how college students should be
used to obtain specific occupations. On top of all the hardwork used to get the degree, students are spending hundreds of thousands of their (or their parents) saved up money. But what does this spent money give you a successful life? Or does it give you a life full of debt? If one is unable to afford the hefty costs of college, maybe they should rethink it. A college education is only valuable when the student has the finances to pay. With all the money being spent at colleges, there still seems
Should students take a gap year before university? Taking a “gap year” off between high school and university has become a popular option among the youngsters nowadays. There are many things to take into account when the decision to take a gap year has been made. First and foremost, what is a gap year? Gap year or can be called as defer year is usually a constructive 12-month break taken from a formal study in order for an individual to pursue their other interest.(Forbes 2011) Some students use their
“The high tuition-high aid model is based on claims of efficiency and equity. The efficiency claim begins with a tenant of public finance theory: any public subsidy of a good or a service that consumers are likely to purchase anyway, in the absence or diminution of the subsidy, is an inefficient use of public tax dollars” (Albatch, Gumport, Berdahl, 2011, pp. 333-334). This point is very true; there are so many jobs in the world today that require a higher education degree. The problem is, that
the National Industrial Recovery Act in 1933. the United States should raise the federal minimum wage because the value of minimum wage has decreased over the years, raising the federal minimum wage would also help college student working minimum wage jobs pay off student loans and school expenses, finally raising the federal minimum
States. Most of those proposals are very controversial because they have focused on taking money directly from the upper class or 1% as they are known and distributing it either directly in the form of cash credits or indirectly in the form of other benefits to the remainder of the population. Some have proposed drastic spending cuts to either entitlement programs such as Medicare or food stamps or even defense programs in order to use the money we already have to close this gap. Opponents of this line