Also Bernie had a really good college plan. Lots of people think it's a good plan that will pay for college but others disagree. The reason they disagree is because it will consume a lot of tax money from a lot of people. Overall though Bernie Sanders has more positive things in the college plan than negative.…
“Seven in 10 seniors (69%) who graduated from public and nonprofit colleges in 2014 had student loan debt, with an average of $28,950 per borrower. (Student Debt and the Class of 2014).” Presidential hopeful Bernie Sanders has a very audacious idea that could possibly fix this growing problem. Sander’s unique charisma, reminiscent of the sixties, is reinvigorating young voters who are very fond of his plan to pay collage tuition. His idea deals with economic concepts such as, the government’s fiscal policy and Keynesian economics ideology that plays a big role in the policies of democrats. Sanders idea sounds almost too good to be true; that is because it is. Bob Davis, senior editor at the Wall Street Journal, and Josh Mitchell, staff reporter…
The community-college tuition initiative by President Obama is a subject to unusual superlatives as it seeks to universalize two years of college. The plan integrates policies that attempt to narrow educational disparities that are characteristics of growing socioeconomic inequality in the United States. In this sense, the purported Obama tuition plan sought to facilitate an increase in the attendance of college students, therefore ensuring higher graduation rates with less debt compared to the current curriculum. The ideal, rendered most Republicans allergic to the ideology as it carried a 10-year price tag of $60 billion that included state and federal components (Alexander). However, the plan is already a subject to criticism due to its failure to account for the fact that few students under the current college…
He believes a competitive global economy is hindering the current young civilians from going to college because college is too expensive. However, “by making college free, we will be formulating one of the best, educated workforce in the world because everyone would be able to afford going to college” (Bernie Sanders). By making college affordable and cheap, it is going to give the people some confidence to go to college and enter the workforce with very diligent and open minds. It’s a true burden of today’s economy that millions of people have piles of college debt to pay off. A lot of countries are starting to follow the same mentality as Sanders is proposing.…
“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…
I don’t only believe that $120,000 in debt is not only fair, but is just exceptionably too low. Education is important, so money is no object. One million dollars ought to be the norm of what students will pay to ensure that their future will be set. People know the higher the tuition the better the education, right? Any individual with brains enough to set off for college realizes that the universities with the most elevated educational cost are the best ones. It makes enough sense to charge college students with the price of a small house every year, so that by the end of their extremely satisfying college education they can spend the rest of their life paying off the debt. After students offer everything from their homes to their kidneys, they should pay back their loans.…
With President Obama getting ready to leave office and the 2016 presidential campaign that's been going on we have more than often heard the question Should community college be free? President Obama came fourth with the idea of making community college free and as we have seen some people including presidential candidates like Bernie Sander support this, however not everyone agrees that this is a good idea. The hope that President Obama has with making community college free is that more people will be encouraged to go out and get their degree. As we often see more students who have graduated high school tend to go to work rather than continuing going to school and part of the reason for this is that these kids don't want to be in debt. Making…
Paying for community college can be a handful for some. While many can pay for college with financial aid, however a many students argue that they can’t afford to pay off tuition or the cost of books and material because it’s too expensive and they don’t attend community college. This is a serious issue for many people that want to earn a degree in a particular majors. Obama promotes the idea that community college should be free to attend and take class without the burden of paying for tuition or the overwhelming cost that students fear. With that statement gain more of an outcry of students agreeing on the idea and many others opposing of it. In the article by Joanne Jacobs, “As He Promotes It, Some Question Obama’s Free Community College Idea,” she discusses that there are pros and cons to both arguments.…
The federal government already loses over $77 billion a year on educational grants and tax breaks, meanwhile students pay about $60 billion a year to attend public colleges and universities. By the federal government simply footing the bill instead of laundering money, public two and four year institutions could be free. This plan means cutting off aid to private institutions, but they can be left to their own endowments. This revolutionary change would mean no more confusing financial aid systems and no more crushing student loans. It is in the country’s best interest to have young adults who are educated, socially mobile, and not saddled with mountains of…
Obama has proposed the idea of having community college be free in order to increase the number of people to own a degree. Joanne Jacobs writes in her article about free community college that “The White House estimates that this would cost $60 billion for over 10 years” to execute. With our economy in shambles at the moment, this can worsen the economic status of the country, adding to the drastic debt that continuously rises on a daily basis. If Obama creates some sort of promise about tuition being free, then another issue could arise, which is having schools become more crowded than what they already are. States need to spend more money in order to increase the…
Tons of millions of young adults every day throughout America are not able to get into college. Young adults nowadays have given up on their chances to go to college, because they are too poor to afford not only to be able to attend college but because of the supplies people need. An average college textbook cost $200 which for all your classes would equal up to $1,200 per year (Chenes, Elizabeth Des). Also, colleges offer scholarships to women because of their gender but not to men. Public college schooling should be paid by the government or for “free” because American Students on the honor roll work hard, history morals stated free education, and more kids will try harder in their high school experience (Chenes, Elizabeth Des).…
based on representative data, seriously underestimate how much student debt they have. A significant share of undergraduate students do not understand how much they are currently paying for college, what type of loans (subsidized or unsubsidized) they have accepted, the current interest rate connected to their loans, or how much debt they are taking on upon graduation. With the average college tuition cost rises yearly with more students accepting more loans then what are essentially necessary its only getting worse. It is reported that tuition and fees have climbed thirty-percent faster than health care costs and four times (about a three-hundred percent increase) the rate of inflation since 1980. Yet, the government continues to provide more than half of all federal student loans and receives on average very low repayment rates in return. The process to receive student loan money, from the initial application to the disbursements of the loan, is in nature quicker and much more simple then the application to attend college itself. Students incur debt up to three times the tuition rate owing back in excess the amount of receiving another bachelor’s…
Student debt is becoming an increasing issue for many adults and young Americans. Over 1.3 trillion owe in student debt. Truth is, presidential hopefuls like Hillary, promise us a solution for student debt, but instead all they do is present students with these speeches containing false promises. As this problem continues to grow Americans may question if their college education was worth it. We are taught in high school that we are guaranteed to be successful by going to college and getting a degree, but most teachers fail to mention that not only are you not guaranteed work, but you also end up tremendously in debt due to student loans.…
Student loans have spiraled out of control within the last few decades and this is negatively impacting our society. The average of obtaining a degree at a public four-year college is $9,300 and has been steadily rising by four percent since 1985. This trend is most likely going to continue the way it is and all the while the median family income remains stagnant or even slightly decreasing. This has led the students of today to take out more loans and just keep adding onto the growing student debt bubble. This early debt can take a heavy toll on any savings for retirement, plans for homeownership, or a possible rainy day fund. Students today will become the engine that runs this country and student loans make it next to impossible to make it out into the real world.…
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.…