My next three sources I annotated really added to my knowledge on the issue of student loan debt. Currently student loan debt is the second highest debt other than mortgage debt. However with the constantly increasing cost of college we are led to wonder if loan debt could conceivably outshine mortgage. Many of the articles also touched on the fact that many people stray away from college simply due to the tuition. They are worried they will be swimming in debt by the time of graduation and therefore choose to avoid college all together. Additionally, many students get discouraged part way through their education when they see the money they owe. This discouragement can cause students to score lower in classes, stop taking part in extracurricular activities, decrease the amount they spend time with friends, and even potentially make students drop out. The most common solution to fixing the student loan issue is to provide all students with a free two years of college. However many believe this to not be entirely the most sustainable for the government. This is indeed, most likely true, however money does not need to solely come from the government. Many states have already began to employ the use of money received elsewhere. Additionally, the idea of forgiving all student loan debt across the board is occasionally tossed around. However, forgiving debt is not the way to go. This is because many have already paid off their debts and therefore their money essentially “disappeared.” as they will not have any debts forgiven and will have dumped money into paying off their debt. The issue of increasing college tuition is quite prominent in modern society. It is something that needs to be addressed and soon otherwise it will cost the education of many and potentially hinder the working society of the future.
Quadlin, Natasha Yurk, and Daniel Rudel. “Responsibility or Liability? Student Loan Debt and Time Use in College.” Social Forces, vol. 94, no. 2, Dec. 2015, pp. 589–614. EBSCOhost, doi:10.1093/sf/sov053.
Patton, Carol. “Is Free Tuition Working?” Journal of College Admission, vol. 232, Summer 2016, pp. 30–33. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=aph&AN=118995966&site=ehost-live.
VERBRUGGEN, ROBERT. “Myths of Student-Loan Debt.” National Review, vol. 71, no. 13, July 2019, pp. 28–30. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=aph&AN=137429427&site=ehost-live.