Persuasive Speech Period 6/7
Is the future of America,specifically young adults, in jeopardy due to the spiraling costs of higher education and associated student loans? All signs point to a crisis in financial aid due to a drop in the availability of jobs, without jobs student loans cannot be paid off in a reasonable time frame or not at all. Therefore, public state universities must be tuition free for in-state residents in order to benefit both the student and the state ,improve the global economy, and most importantly eliminate the enormous debt incurred by young adults attending universities.
With the removal of tuition, there will be a strong percentage of students who will remain in state and seek employment nearby, therefore boosting the local economy and creating a smarter workforce. Without the weight of a student loan there will be greater purchase power for students, enhancing the sales in retail stores throughout communities. In addidtion, not only does this impact stores but the housing market as well. Having a dedicated state school where tuition is free will create a desirable place to live as these students are not burdened with today’s heavy debt of student loans.
Furthermore, for the past few decades the American education model was a constant source for steady employment in professional careers and higher paying jobs. Today, unfortunately many factors have changed this equation. Research indicates that,”…the decision of whether, when, and where to attend college depends on the difference between the benefits and the cost”(Li, 2). A students’ decision is quite uncertain because it is affected by future earnings. The benefits of attending college are that costs continue to rise at an unsustainable pace that does not match actualaties in the economy. Also, the high degree of certainity to land a sufficient paying job has changed for the worse, therefore students would not meet loan obligations.
Supporters of