How To Reduce Student Loan Debt

For some students, the question of what to do after high school may be a burden to even contemplate as it approaches quicker and quicker. The pressure to continue another four (or more) years of education after high school can be overwhelming considering twelve years of schooling has already been completed; why go right back to school again? When’s break time? Some people are simply just not ready for college and they know it, or at least until after they have had a long break or have had some time to recollect themselves. Technically speaking college isn’t for everyone, nor is it necessarily needed for a career. Luckily today, there are many other options that potential career seeking beings can get a head start on such as community colleges and trade/vocational schools. These alternatives to a four year college are considered to be a good start on a job (and maybe even a career). The best benefits of these alternatives involve the cost of attending, the student environment, and the degrees offered.

Student need to do what they love. Find something that they will want to study or risk never being successful because they’ll be bored with their job. College has a huge variety of programs that can be studied so chances are there is one out there for everyone. If students find something they love to do then college really won’t be too difficult and they will like their job afterwards. “Education is about finding out what form of work for you is closest to being play” (Edmundson), jobs should be something enjoyable, almost like having fun doing a hobby. People need to do what they love so they won’t be bored or held back by their lack of enthusiasm and excel to and move up in the workplace being more and more successful.

More often than not, young students are taught to believe that they must go to a prestigious university to obtain a Bachelor’s degree or higher in order to have a fulfilling and satisfying career. This may hold true for some people, but others do not need to follow this same path. For students who choose a career that isn’t considered conventional or isn’t high in pay, they tend to be looked down upon which pressures them into choosing career paths that they do not have a passion for, or the skill set to actually accomplish which makes college a waste of time and money. While everyone should be encouraged to get an education beyond high school, people should be encouraged to get the education that is relevant and proper for them to make sure they are getting their money’s worth.

There are many choices and paths to choose when the time comes to attend college however, a question to ask is, is it worth it? If decided to attend college, the following decision to be made revolves around an area of study one would like to pursue and the topic of study that will be available for them. Though many can further their education in different ways, a couple of ways consist of attending a four year college (private/ public) or a community college. Not going to college at all is the other alternative, but is it really a smart idea? Most adults have continuously told young students all through high school to attend college. A student’s chance of economic success in the future can be risen due to a college education. Judith Scott-Clayton, who is an assistant professor of economics and education at Teachers College at Columbia University states, “Individuals with bachelor’s degrees earn about 60 percent more than those with just a high school diploma, who in turn earn about 40 percent more than high school dropouts.” Students who seek higher education, are more likely to experience a better future and a better life. The cost of going to college may seem overwhelming at times however, the experiences and education obtained throughout college is priceless in regards to the way one interacts with others on a global basis, has a stronger job stability, and has better employment benefits.

Attention Step: Haley Edwards, author of the article titled “But Can America Afford This Approach to Solving Student Debt?”, from the Time magazine, published November 30, 2015, tells a story of a woman named Allison Minks, who owes an amount of $99,326 in federal student loans. Mink is a 35-year-old mother of two and her full-time job as a counselor at a nonprofit clinic does not begin to cover her student loan debt. Tired of being in debt, Mink went searching for a solution and she found a program that says if she works in public service, she can get loan forgiveness after just 10 years. In other words, because of this program, Minks now pays an affordable amount each month and she’ll be scot-free before she is 45. But, Mink is only covered

All of those careers do not require a college degree, and they will allow the student to get into the work force much quicker than a four year, or even a two year, college. According to the article by the Advanced Technology Institute, “Trade School vs. College: Which Should I Choose?,”“Trade schools fulfill a vital function, providing the services we depend on in a complex society. Cars break down. Furnaces stop working. Toilets clog. No amount of doctoral research is going to get your remodeled house wired for electricity, for example. We need people skilled in practical trades.” Trade schools are an outstanding institution. They allow students, that are not necessarily cut out for college, to prosper in a good career that is based for the future. Also, in a trade school, the student is able to complete the education in half the time of a college degree (Advanced Technology Institute). With all of that being said, the perks of a trade school are amazing for a student that does not want to attend college, or a student who is not cut out for

Now that I'm a senior I guess college is right around the corner, along with the dreaded expenses. Paying for college can be a stressful experience or a walk through the park. For most it's a mightmare, because of the debt they are or will be in. I've always been concerned about how my family and I were going to pay for college. Fortunately there are many options I can take advantage of to avoid a horrible financial fate.

Researchers started in 2012, Seventy-one percent of all 18 million college students graduating from four-year colleges or universities and had some form of student loan debt. The student loan debt burden in the United States increased eighty-four percent since the recession, hitting an all-time high of $1.2 trillion. The average balance has also increased and now sits around twenty-nine thousand dollars,according to CNN Money. A large portion of these 18 million understudies has been told again and again that an "advanced education" is the way to landing a great position and lifestyle of the American Dream. They have been educated not to stress about the amount it costs and that there is a lot of budget guides.

Being debt-free may seem like an impossible dream but with the right information and plan of action, you can eliminate student loan debt and live life the way you've always dreamed of.

See they might be forced to find other solutions. This often thrusts them into the situation of still needing to make money but at the same time wanting to better their education any way they can. With this predicament, it us understandable how the options of attending a trade school can be seen as beneficial. By attending a trade school, students who feel that they cannot achieve the full college experience can still get ahead in the job market. With two years in a trade school students can learn and obtain a useful skills for any place in the country. By taking this path, students wouldn’t have to stress much about overdue student loans. And as a result, decreasing the college drop out rate as students in the trade school environment are not only able to get in the education in a timely manor but introduce their newfound skills into the workforce

In the article, I chose from The Economist called “Is college worth it?” It mainly talks about how college can be “worth it” only if taken seriously by going into a major that will pay the bills and is worth paying thousands of dollars for that career path or going into a field of a very high paying career. The main career paths that the article talks about as “not worth it” are art and language majors. The purpose of the article is to guide high school/ college students and parents about college and how they should choose appropriate career paths that will help in the future. The career path chosen, should benefit the student not hurt them.

Today, many students are settling for jobs immediately out of high school instead of furthering their education in college. Students should consider how necessary college actually is for their lives in the future. It provides one with a significant amount of opportunities, a greater knowledge about their career plan, and a better sense of responsibility.

Attending college for most teens in their senior is probably the best thing they could do for their future instead of having an apprenticeship after high school. In college one can experiment with different fields such as science or math to see what clicks for them. When someone has an apprenticeship after high or decides to continue working but now fulltime they are limiting themselves. When one becomes an electrician you're stuck with that job.But if one goes to college, they can see the diverse varieties of things they could become. Why limit yourself to a plumber when one could be a doctor or a politician. People might argue that pursuing a career after high school is the safer choice since they are avoiding all the student debt and maybe

As we look at all the careers that we want in life, we need to look at what careers need further education and what might get you through life with a comfortable living, without a 4 year degree. It all depends on what an individual’s life goal is? Is he/she trying to support a family or buy a house? Are their goals to travel to Europe or live a life without financial worries? If so, then one must look at the career that they have chosen and if it will support those goals. One other factor one might look at is the cost of that education, and will you make enough to pay back those student loans that go along with it? There are many well paying jobs that do not require a college degree in this society and one needs to decide for his/herself what they want to do with his/her life.

Most expect that by attending college and graduating they will be able to find a good paying career with benefits in a field that will interest them. It seems that from high school it is drilled into our heads that we must attend college to be successful in life and contribute to our society. However, college graduates often find themselves working in a field that is unrelated to their degree. This could be due to how many people are also trying to apply for jobs in that specific field, or it could be that that job does not provide them with enough money to live off. The most important thing that students really need to ask themselves before they attend college is, “is a college degree really enough in today’s world to get a good career