Debt

Tuition and student debt at colleges and universities in America have been rising far more quickly than inflation for over four decades. This is a trend that will continue without intervention. Student debt drastically affects students’ lives and decisions from getting married, to buying home, or to starting a business. The amount of debt held by students after graduating not only negatively affects the individual, but the economy as well. Loads of economic activity is currently halted by students

Government and College Debt College debt is becoming more of a drastic problem in the United States with the rising costs of college tuition. In “Why the Student Loan Crisis Is Even Worse Than People Think” Mark Kantrowitz expresses how the issue of student debt in America is to be blamed by the government’s lack of action. In “Is College Doomed?” Graeme Wood expresses the benefits of the new and innovative univeristy Minerva. A perk about this university is that it includes the cheaper tuition

College Debt Make Graduates Feel A Loan “Is Forgiving Student Loan Debt A Good Idea?,” an article written by Kayla Webley in a 2012 issue of TIME magazine, discusses the solution of a one-time student loan bailout for all college students, and argues that, even though this solution is not the best, it is an answer nonetheless. Webley supports this claim by introducing a petition started by Robert Applebaum, a student burdened with $88,000 in college loan debt (130). However, she argues against his

known about the national debt, it is that it goes hand in hand with Millennials. It is a shame to think that our country's debt will be forced onto the younger generation, and we will ultimately be the ones who have to fix the situation or deal with the consequences. To be clear, the term millennial usually refers to someone who is in the 18 to 34 age bracket. Millennials are also the first generation after the baby boomers. We are now facing a time when the national debt is growing faster than the

The Student Debt Crisis No institution is perfect, not even Normandale, though it is better than most other community colleges, it still has its problems. Some are minor and short term like a shortage of parking spaces, but others are long term or even crippling to students financial future. The most prominent example of this is student debt. Normandale is far from the only college with this problem, almost every college in America faces this issue. Student debt is hard to avoid with 71% of students

With student debt at an all-time high, it’s easy to see why some would-be students are tempted to skip college. But given the fact that the average person who earns a bachelors degree can expect to make over $51,000 a year - high school grads only earn about $28,000 a year by comparison - degrees don’t seem all that optional. But perhaps there’s another way besides going into debt in order to get a college degree. From getting scholarships to studying at International Baccalaureate schools, it’s

Being in debt is a stressful condition whereby you struggle to pay your monthly bills. So, how to avoid this situation altogether? In this article, we will be sharing 5 useful tips to help you stay out of debt. Budgeting First of all you should make sure that you create a monthly budget. Budgeting will allow you to control where your money is spent and ensure that you are not going over your limit. Make sure that you set aside some money for savings as well as an emergency fund. This will help

Paying down debt is the only good investment because there is no reason to invest in any investment as long as you have debt. For example, investments on average have much lower interest rates and loans and other forms of debt tend to have high interest rates. Thus, it makes no sense to invest in other investments if you have debt. Investing in something that has a return of 4% while loans have rates of 12% is not smart due to the fact that you are only acquiring more debt by letting it sit there

Problem With Student Loan Debt Student loan debt is a problem many students have when entering or applying for colleges, student loan debt affects students even after they are out of college and effect them for many years. Many students who experience loan debt also have higher rate of depression rates and also has a higher rate for suicide. As year have gone by student loans has increased by almost a whopping 20% and is expected to grow even more as time goes by. The problem affects so many people

into debt.The system cannot function if borrowers don't pay up their debts or if they don’t have the amount of money to be able to pay for it. Responsible credit card debt is good for the economy because it means spending is occurring and the owner can afford to pay for their debt at any time. The economy suffers when no one is using their credit cards or toward too many people not being able to pay off their credit card debts. It's an economic cycle that has to be sustained you have to have consumption