Student Loan Debt: The Pursuit for a Brighter Future
Session Title
Accounting, Finance, and Economics
College
College of Arts and Sciences
Department
Interdisciplinary Studies
Faculty Mentor
Ginger Williams, Ph.D.
Abstract
This research paper examines the issues surrounding the student loan debt crisis in America from an educational, economic, and political point of view. Also, the research helps gauge the impact of student loan debt at the national level. The issues of high importance surrounding student loan debt impact the lives of every American, whether they have a post-secondary education or not. Also, these issues continue to impact a large majority of college graduates further, even if they did not require student loans in order to finish college. The rising costs of tuition and fees are the most prevalent driving force behind the growing student loan debt crisis in America. Therefore, new students naturally assume more debt with each passing year. The repeating cycle of higher tuition and fees, along with more Americans than ever seeking higher education, perpetuates the issue of student loan debt further. Most all Americans seek to improve their economic influence or range through some manner of education, but the issues around student loan debt place college students in an immediate hardship upon graduation, if they graduate at all. This paper focuses on finding better solutions to the issues surrounding the American student debt crisis. Experts suggest some courses of action that students can use to improve their economic footprints surrounding student loan debt. The research seeks to provide concrete solutions to help the ever growing student loan debt crisis in America.
Course Assignment
IDVS 490 – Williams
Start Date
24-4-2020 12:00 AM
Student Loan Debt: The Pursuit for a Brighter Future
This research paper examines the issues surrounding the student loan debt crisis in America from an educational, economic, and political point of view. Also, the research helps gauge the impact of student loan debt at the national level. The issues of high importance surrounding student loan debt impact the lives of every American, whether they have a post-secondary education or not. Also, these issues continue to impact a large majority of college graduates further, even if they did not require student loans in order to finish college. The rising costs of tuition and fees are the most prevalent driving force behind the growing student loan debt crisis in America. Therefore, new students naturally assume more debt with each passing year. The repeating cycle of higher tuition and fees, along with more Americans than ever seeking higher education, perpetuates the issue of student loan debt further. Most all Americans seek to improve their economic influence or range through some manner of education, but the issues around student loan debt place college students in an immediate hardship upon graduation, if they graduate at all. This paper focuses on finding better solutions to the issues surrounding the American student debt crisis. Experts suggest some courses of action that students can use to improve their economic footprints surrounding student loan debt. The research seeks to provide concrete solutions to help the ever growing student loan debt crisis in America.
