Rising Costs of Student Loan Debts
Concept Conceptualization
Student debt is a phrase with which most of the people in the elite society are familiar. This refers to debts that are owed by students who are in school, graduates, as well as those that have dropped out of school. Education is one of the earliest investments in the lives of most people, especially now. Therefore, it is impossible for some people to avoid incurring these debts. However, there is a problem that has arisen over the past decade. It has been observed that student loan debts have been increasing in costs. This is a factor that has caused the rise of the question as to whether these loans make the lives of students easier or more difficult, especially after school.
James, …show more content…
In the whole article, the author has tried to come up with the different difficulties that are faced by students. In describing this, he has started by a clear analysis of the expectations of the students from the higher institutions of learning, as well as the government for the offering of student loans. From these expectations, the author has pointed out the different ways through which students become disappointed, and their school lives made more difficult, by the rising costs of student …show more content…
First, the article has dealt and described the reasons for this situation. Among the reasons, it has explained the contribution of tax laws that may have been a leading cause in the same. More importantly, this essay has researched about the consequences of these increased costs in the student loans. It has reviewed the effect that this has had on the access to education, quality of education as well as the eye with which humanitarian organizations view the issue. Finally, the essay has explained the different policies that may be implemented to ensure that the problem is eliminated or reduced, significantly. In the findings, the author has made it clear that it will take the involvement of the government to solve these issues. This is because they are the best positioned to deal with this
Concept Conceptualization
Student debt is a phrase with which most of the people in the elite society are familiar. This refers to debts that are owed by students who are in school, graduates, as well as those that have dropped out of school. Education is one of the earliest investments in the lives of most people, especially now. Therefore, it is impossible for some people to avoid incurring these debts. However, there is a problem that has arisen over the past decade. It has been observed that student loan debts have been increasing in costs. This is a factor that has caused the rise of the question as to whether these loans make the lives of students easier or more difficult, especially after school.
James, …show more content…
In the whole article, the author has tried to come up with the different difficulties that are faced by students. In describing this, he has started by a clear analysis of the expectations of the students from the higher institutions of learning, as well as the government for the offering of student loans. From these expectations, the author has pointed out the different ways through which students become disappointed, and their school lives made more difficult, by the rising costs of student …show more content…
First, the article has dealt and described the reasons for this situation. Among the reasons, it has explained the contribution of tax laws that may have been a leading cause in the same. More importantly, this essay has researched about the consequences of these increased costs in the student loans. It has reviewed the effect that this has had on the access to education, quality of education as well as the eye with which humanitarian organizations view the issue. Finally, the essay has explained the different policies that may be implemented to ensure that the problem is eliminated or reduced, significantly. In the findings, the author has made it clear that it will take the involvement of the government to solve these issues. This is because they are the best positioned to deal with this