Preview

An Essay on Student Debt

Better Essays
Open Document
Open Document
1852 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
An Essay on Student Debt
Student Debt
Joe Shearin
DeVry University
Prewriting

The narrowed topic for my paper is Student Debt in America and how can we stop it as a society. It’s very hard to get out of student debt and I will show ways that people can overcome this issue that has been going on for some time.

Who is your primary audience or reader? Why? Be detailed in your answer about your audience.
My intended audience for my paper is students that are struggling with student debt and are looking for a way to get out of it. I am choosing this group because these are the future of America who will be finding ways to get out debt and trying to let it go.

In a sentence or short paragraph, what is your thesis statement, including your angle? Write what will appear in your essay.
My point is that student debt is faced by students that are going into college for the first time or someone who has been attending for years. It is a vicious circle to get into and for majority of the time it’s very hard to get out of.

What topic sentences will you use as the foundation of your communication? (If necessary, add more points.)
Student Debt has to be ended because if it continues then there will be no way for students to get out of it.
Student Debt has increased over the past few years because it is so much easier to receive credit cards and not that many people have money to attend college.
The increase of student debt is related to the students taking out more private loans in order to pay for college.
Many states are going to start offering repayment plans for students that do not have a way to pay back the loans that they take out for college.
Organizations are being created to give students ways to declare financial independence and help them not have issues in the future.

What method of organization and development will you use to develop your paragraphs?
Introduction:
Student Debt is faced by students that are going into college for the first time or

You May Also Find These Documents Helpful

  • Best Essays

    Sweetland, Edwards H., Altman Alex, Miller Zeke J., and Thompson Mark. But Can America Afford This Approach to Solving Student Debt? Vol. 186. , Time, 2015, pp. 92-99. Academic Search PremierAccessed 2 Feb. 2017.…

    • 96 Words
    • 1 Page
    Best Essays
  • Satisfactory Essays

    The College Debt Trap is written by Janet Bondar. It is a entry on the yes' and no's of college tuition and payment, as well as a couple tips and tricks . This entry by Janet B. is somewhat diverse and will be divided into three different parts. An over all interpretation and opinion of the writer of this analysis will be understood by the reader at the end of this entry. The author of The College Debt Trap is giving very helpful advice to teens and their parents about considering college.…

    • 254 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Everyone who wants to go to college is often faced with the same fact, how will I pay? Students often go with the options of taking loans, after much consideration and research, research sometimes based on essays written by authors. Even though Carey and Wilson both address the debt college could put someone in. Wilson provides a more convincing argument due to the fact that he gives more information on statistics of student loans, more information about loans, and an unbiased opinion.…

    • 781 Words
    • 4 Pages
    Better Essays
  • Good Essays

    The student debt in the United States alone is in the trillions. According to Forbes and the Federal Reserve Bank of New York, the student loan debt is between 902 billion and 1.2 trillion (How). Since the economy took a plunge in 2008, a big issue is that not enough graduates are able to find job opportunities that can help pay off their debt, and on top of that support themselves independently. “Americans who received bachelor’s degrees in 2008 were roughly twice as likely to be unemployed after a year than were their peers who graduated in 1993 and 2000…(Inside).” The supply and demand of employment is slim and fiercely competitive. Of those that had the opportunity to get a job, 27 percent of them reported that it was unrelated to the degree…

    • 180 Words
    • 1 Page
    Good Essays
  • Good Essays

    The main idea of this essay is to present the purpose of Student loans and their effects on college expenses. “Is student loan a lifetime situation”? “Are students frustrated with college loans”? Is making a decision to borrow money in order to attend college often amounts to a “financial disaster”? “People not paying attention to their debt”? “Is this generation only thinking about the next month’s payment”? “Are students graduating with an enormous amount of debt equal to a mortgage on a nice home”? Main perspectives will be impending from the author Robin Wilson.…

    • 724 Words
    • 3 Pages
    Good Essays
  • Good Essays

    “In Debt We Trust America” was an incredibly eye-opening video for me. Family and friends constantly warn me of the dangers of debt, but I was unaware of just how much of a problem it is. For me, one of the most informational, or perhaps motivational parts of the video, was the portion on students in college. Constant increases in college tuition are putting a more drastic burden on college students and their families. In the video, it mentioned that the…

    • 607 Words
    • 3 Pages
    Good Essays
  • Good Essays

    With banks and financial institutions rising their interest rates on student loans, student debt is literally killing many americans. College graduates are trying so hard to be able to cover their personal expenses and pay their student loans. How will they rise financially if they are working and barely being able to pay everything? They keep working and their salary barely covers all student, credit card, and personal debt. This is where inequality becomes a problem.…

    • 932 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Student Debt Research Paper

    • 2359 Words
    • 10 Pages

    The Project on Student Debt (2007, September). Student debt and the class of 2006. Berkeley, CA: The Project on Student Debt. Retrieved November 20, 2007, from http://projectonstudentdebt.org/files/pub/State_by_State_report_FINAL.pdf…

    • 2359 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    One of the most concerns of increasing the student loan debt is its effect on other spending activities. Student loan debt resulting in 8 percent decline in home purchases among American whose age between 20 and 39 according to an analysis done by Rick Palacios, he found also that every $250 paid by a household per month for student loan debt, decrease their purchasing power by $44,000. He stated also that about 6 million households are paying more than $250 per month for student loans.…

    • 85 Words
    • 1 Page
    Good Essays
  • Better Essays

    Student loan debt today approaches $1 trillion dollars, according to the Consumer Financial Protection Bureau. Even more frightening, the Wall Street Journal reports about 40% of student loan holders are in default or have delayed their payments. Student loan debt has now actually surpassed total credit card debt in the US. There are numerous calls…

    • 1336 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Out of all the students that go to college more than half of them are in debt after graduating. In high school all you hear your senior year is “you need to do this in order to go to college”, “you need a degree to get ahead”. You work 12 years to get a diploma and then get told that in order to go “further” or “do better” you need a degree, but what they don't tell you is that you will most likely be in debt for the rest of your life.…

    • 517 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Students today are going to college without realization that they could be paying more than $120,000 worth of student debt. It is commonly known today that college or universities require a fairly large amount of money to attend the school. This results in students taking out loans and taking much more than is needed. There is a Consequences toward retrieving loans as debt accumulates, and there is interest charged on the loan. There are a variety of solutions despite from paying out of pocket, such as scholarships and programs that offer money for school. As a result of all the student debt, there are many forms of paying off debt, which could be as easy as finding the right school or finding scholarships.…

    • 899 Words
    • 4 Pages
    Good Essays
  • Good Essays

    College debt is a nation-wide phenomenon that many Americans face. Unfortunately, this country is facing over 1 trillion in student loans from dropout students or graduated students who owe money from their years of education. The financial crisis has caught many Americans by surprise and this problem will only get worse if this trend continues. Despite the fact that college debt is increasing, fortunately there are several solution to this problem.…

    • 822 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Student Debt Analysis

    • 1883 Words
    • 8 Pages

    The issue of student debt affects so many people worldwide on a day to day basis. As of 2015, student debt is more than $1.1 trillion dollars (Cook, 2015). This crisis of student debt that has risen overtime has caused major debate and discussion to families, policy experts, and politicians (Cook, 2015). As a result of trying to attain a career, students that are not financially capable of supporting their education and have no choice but to acquire student loans that will in turn become student debt. The impacts of student debt are seen to affect each individual differently depending on their financial and mental status. Additionally, the type of college each student attends will determine how dramatic their debt will be (Cook, 2015).…

    • 1883 Words
    • 8 Pages
    Good Essays
  • Good Essays

    This year the average college student will graduate with at least $20,000 in student loan debt (College access and success). For years higher education has been worshiped with God like influence as a way to escape poverty and attain a career and live the American life. With the rising college tuitions it has become increasingly harder for the middle class to afford college and reap the benefits. Seven out of ten students, will have a burden over their shoulders for years to come as to how to repay the debt. Debt is no respecter of persons: business owners, single parents, teachers and seniors to this day are still constantly bombarded with debt.…

    • 1222 Words
    • 5 Pages
    Good Essays

Related Topics