I have taken from this course a few key specific concepts that will make it easier on me as a business professional. One of the most important concepts I have taken from this course it goal setting and planning. Without proper goal setting it can be difficult where you perceive yourself…
It’s bad enough trying to survive taking out loans for four years of schooling, but what about the students that want to or need to further their education in graduate school? The debt alone makes students stray away from furthering their education or have them wait a couple years to gather the income they need to attend grad schooling.…
College debt is pretty much inevitable for anyone wanting to have an education after high school. I, and most teenagers, do indeed want to go onto college but are scared away by the high cost. I know my family and I are definitely freaked out about the high cost of college. These students, including myself, shouldn’t be scared away so easily, as the high tuition isn’t so high at all. Colleges now have what would be called a sticker price. The first number you see is the sticker price, and what you don’t see is all of the deductions you can make to it.…
On top of that, even though the average debt of a student going to college can be high, the costs for not going to college have also risen. According to collegeparents.org, “Millennials with just a highschool diploma are faring worse today than their counterparts in earlier generations by almost every economic measure examined.” In 1979 the median adjusted household income (in 2012 dollars) was 50097 and the percent in poverty was 7%. In 1995 the median adjusted household income was 45164 and the percent in poverty was 15%. In 2013, the median adjusted household income was 39842 and the percent in poverty was 22%. Debt is also avoidable if you plan accordingly. According to studentdebtrelief.us, “As a college student, there’s no doubt you may end up with student debt. Almost all college students will receive some form of student loan during their college career. After graduation, this debt can sometimes seem overwhelming; but fortunately, there are ways to relieve some of the debt and the stress that goes along with it. By following a few simple tips, you can avoid student loan debt, or at least make it more bearable.” This website provides many tips to avoid building up mountains of debt in college.…
Student loans become something that students have to worry about for the rest of their lives. Debt will affect a lot of things in their life that college students don’t think about. A lot of students do not realize that they must back the loan plus interest, the interest on some loans can end up being more expensive than the loan itself. After school, they must find a job, pay for living expenses, and pay off their loans. People take on massive amounts of debt and they don’t think of the consequences. They end up with so much debt that it takes them their entire lives to pay off the loans and money they borrowed. Dwyer, et al. writes that taking out loans makes it more likely that a student will complete college, to a point. Students who keep…
Today I was assigned in VSU-Student Health Center and the two points that I am going to address on this clinical setting are: What is your analysis of interdisciplinary or interagency functioning and communication, decision-making process, team functioning and collaboration; and Will you function differently as a result of something you learned, if so how?…
Whether it be of undergraduate study or of graduate, debt can become debilitating. Aside the living expenses, having to pay on student loans can break ones’ monthly income. The average accumulated debt for an undergraduate student, in study at an educational institution of 4, 2…
About half of all students (49%) graduate college with a total debt count of over 30,000 dollars in student loan debt alone. When you add all this debt together, college graduates and students have a total combined debt of approximately 1.2 trillion dollars. With that much money at hand you have to wonder how these students can manage to buy a house, car, or start a family once they have graduated and pursued…
Though these loans help individuals financially through their education, they in turn lead to stress and worries related to repayment (Walsemann, Gee, & Gentile 2015). An article regarding student debt and mental health effects found that student loans were associated with poorer psychological functioning and parental wealth (Lim, Heckman, Letkiewicz, & Montalto, 2014). Compared with this information, it was stated in a different article that seeking financial help in college can be a hassle for some students. Those students that are not receiving financial help, are generally more stressed regarding the issue of student debt because they have no one to educate them on repayment processes or just about student debt or loans in general. Given the financial stress students face, these results suggest that increasing students’ knowledge on student debt may be an effective way to improve students overall well-being and mental health (Lim, Heckman, Letkiewicz, & Montalto, 2014). Another thing to keep in mind when researching the mental health effects from student debt is that practitioners have had to deal with clients who have financial problems that impact their cognitive, emotional, and relational well-being (Archuleta, Dale, & Spann, 2013). This shows how severely student debt is affecting individuals. This article also portrayed the cost of tuition fees including room and board averaging around $17, 131 for in-state public institutions and $28,500 for private colleges and universities (Archuleta, Dale, & Spann, 2013). Between all three articles you can see how the high cost of a college education truly impacts ones overall well-being and mental…
Although there will be student loans to pay off afterwards, with a college degree, my standard of living will be better in the short and long term because of the copious pay. In the short term, I will begin with a higher pay than I would if I had not received a college degree. Furthermore, my college education will have allowed me to earn a greater amount of money, which will enable me to live more comfortably and have additional money to save or spend in the long run. Being able…
In today’s day and age, having a college degree is important. It is so important it determines whether you will be living in the streets or living in a nice fancy house. Going to college is a big step in pursing your career. Being in college gives you many doors for opportunity. Graduating from high school is only the first step. After graduating high school today you will not find a high paying job as opposed to a college degree. When applying for a high paying job, many if not all will ask for your education background. When jobs are looking to hire you its your educational background vs. the other applicants that are trying to take the same position as you. Gaining a degree also gives you a emotion of a strong…
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.…
On average, most people graduate college with a student loan debt of over $20,000. The source of this debt is not only for tuition fees, but also credit card payments as well. It is likely that after graduating from college, a person would spend a good portion of their life paying off that debt. The average cost of attending college and university has not only increased, but so has living costs. With living being so costly, it is natural to seek to do higher paying jobs. However, just paying for tuition can make a person deep in debt.…
Numerous people consider going to college right after high, but not all have money for it or have the passion to continue to get a higher education. When going into college people consider dropping out the first year of college in the interest on how they can't continue for various reasons. There are programs set out, so students can be able to find free scholarships with minimum effort. Students want to go to the best schools that better interest them, but not all pay enough attention on how much money they will have to pay after graduating and end up having minimal or a higher debt rate. A college student named Kelsey Griffith graduated with a debt of $120,000 she had to make many sacrifices just to pay off her tuition after she graduated. Consequently , she had to move back with her parents and obtaining a full-time job. She went to a private University, which can cost twice as much as a public school. Many people would argue if it's truly worth going to school a private university. There are plenty of ways on how people can be debt free at the end of graduating when pursuing a career. People should consider applying for Fafsa, scholarships, federal student loans, or consider going to student fairs to find specific way on how to pay for college. The U.S. carries one of the biggest debts for student loans which statistics show “ The current balance of federal student loans nationwide is estimated $902 billion, with more…
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.…