I finally came up with four reasons that I
think are especially important as to why student debt is increasing. I believe that four important reasons as to why student
debt is increasing is because of the stress on higher education, increase in
college tuition, limited financial aid available for students, and inability of
students to pay off their debt. On this blog post, I am going to focus on the
emphasis of higher education.
There has recently been a huge push post-secondary education. President Barack Obama is a huge advocate for post secondary education. One of his goals for our country is that "by 2020, America would...have the highest proportion of college graduates in the world" (whitehouse.gov). President Obama is using schools to encourage students to go through at least one year of post-secondary education as well as working towards making higher education more affordable for all families.
I believe that this is one of President Obama's goals because "the average earnings of college graduates is...twice as high as that of workers with only a high school diploma"and "of the 30 fastest growing occupations, more than half require post-secondary education" (whitehouse.gov). Not only do students that graduated from college make about twice as much as students who only completed high school, but students are almost required to go through post-secondary schools in order to get a higher paying job for the future.
If you have any responses to my question that I did not address or any other comments on this topic, please write them below!
There has recently been a huge push post-secondary education. President Barack Obama is a huge advocate for post secondary education. One of his goals for our country is that "by 2020, America would...have the highest proportion of college graduates in the world" (whitehouse.gov). President Obama is using schools to encourage students to go through at least one year of post-secondary education as well as working towards making higher education more affordable for all families.
I believe that this is one of President Obama's goals because "the average earnings of college graduates is...twice as high as that of workers with only a high school diploma"and "of the 30 fastest growing occupations, more than half require post-secondary education" (whitehouse.gov). Not only do students that graduated from college make about twice as much as students who only completed high school, but students are almost required to go through post-secondary schools in order to get a higher paying job for the future.
If you have any responses to my question that I did not address or any other comments on this topic, please write them below!
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