Essays on Student Loan Debt

Since the wake of the Great Recession many people were affected are still struggling to make up their loses. Recession was the penuchle of the student loan debt crisis. The Crisis not only affects students and parents but lenders, employers, taxpayers and colleges. The Great...

Today, 44 million Americans, or one-eighth of the total population that is older than 18, have student loan debt2. On aggregate, student loan debt accounts for 1. 5 trillion of the national debt; however, this figure does not include private student loans which are not...

One of the biggest decisions high school seniors have to make is whether to continue their academic careers and go off to college. Deciding where to go will certainly have an impact on the student’s life. In most cases, one of the biggest deciding factors...

The student loan crisis is the biggest issue effecting young adults in America. Many economists are suggesting that it may be the most devastating economic since the recession during the President Bush administration. A smaller segment of economists are concerned that the economic downside of...

One of the biggest decisions high school seniors have to make is whether to continue their academic careers and go off to college. Deciding where to go will certainly have an impact on the student’s life. In most cases, one of the biggest deciding factors...

In today’s society, it is a norm and an expectation for students to pursue higher education after graduating from high school. Despite a college degree almost being deemed a prerequisite to adulthood, college tuition is on the rise, and a lot of students are left...

“From the past years, student loan debt rose by 39%, reaching as much as $1.3 trillion”. If college was free, student loans/debt would be eliminated; the money used on tuition could easily be carried over to cover other costs such as a house, car, and...

The premise of Debt Cleanse is that people often become overburdened with debt simply through ordinary living. They want to attend college, have a car to drive to work, or own a home. These perfectly reasonable desires generate student loans, vehicle loans, and mortgages. Or...

College students have an unfair advantage when it comes to debt. A student can encounter debt from generational impulse buying. Parents can have poor buying habits and poor habits can be linked to family behavioral problems. Parents who overly exceed their financial resources will produce...

I am rating “Debt Cleanse” by Jorge P. Newbery three out of four stars. “Debt Cleanse” is an exhaustive study, as the subtitle promises, on “How to Settle Your Unaffordable Debts for Pennies on the Dollar (And Not Pay Some at All)”. The author details...