The minimum wage has, since it was instituted in 1938 been a point contested by many. I believe that the minimum wage needs to be increased (Burgess ,574). There are many arguments in favor of this position. The fact that the current minimum wage barely keeps many families fed, clothed, and with a roof over their heads is very concerning. In addition, it forces many college students to take out extremely heavy school loans with no hope of paying said loans back for years to come and has only allowed American citizens to maintain basic living conditions. Finally, it is slowly causing people to spend less and less money. These are the most relevant and persisting arguments in favor of raising the minimum wage from its current federal rate of $7.25. For America to continue its economic stability and comfortable living situation, the minimum wage must be raised immediately. Many parents earning minimum wage salaries struggle to provide a stable living environment for their families.…