Is Education Expensive

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Is Education Too Expensive? There is a saying “The sick man sleeps when the debtor cannot”, which means that being a debtor accompanies a great mental burden. When we hear this saying for the first time, we normally think about people who failed their business or people who are swindled out of their whole fortune. However, the ‘debtors’ are practically everywhere around us and are often students. Many college students have been turning into debtors because of student loan. As Bennett pointed out, “College students and graduates nationwide are swimming in debt after borrowing heavily to meet soaring college costs.” (Bennett J). His article shows the cruelty of the rising tuition and seriousness of the problems of student loans nowadays. With the ever-rising tuition cost in America, many students are turning to student loan to pay for their education; however, in reality, their expensive degree seems to rather produce more problems than benefits as pay-back plans are hard to keep up and employment rate continues to plummet. This essay will aim to summarize the current status of student loan programs and their problems, as well as propose a solution to dismiss these problems through President Obama’s proposition on Student Loan Relief Program. In today’s society, a college degree is no longer the symbol of being a great intellectual. According to National Center for Educational Statistics, 18.2 million students enrolled in college in 2007 (National Center for Educational Statistics). Moreover, the number of students going to college is increasing every year. The reasons why many high school students attend university are little bit different, but basically, the overlapping factor is behind these reasons: Going to college is basically to better people’s lives. However, even though students decide to enroll in college for their success, many difficulties
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