Tuition And Other Eligible Expenses With A Student Loan...

Covering tuition and other eligible expenses with a student loan and making no payments while in school is an adequate, but a stressful alternative to achieve a college education. Personally coming from a Hispanic family, reaching college level education was not a priority. Going to college for a young Mexican individual who is born and raised in Santa Maria, California is a difficult objective to sustain. Personally, my parents never got the chance to finish their education. Both of my parents are very hard working individuals; who devoted their lives to work in the strawberry fields to provide a better life for their children. My parent’s dreams were simply to keep my siblings and me away from the strawberry fields. Sadly, my parents wanting me to obtain a higher education and them being able to actually provide it for me were two very different stories. My parents worked very hard to simply put food on the table. I knew my parents helping me to finance my college education was not going to happen. Especially, when I started working in the strawberry fields myself. I worked to simply provide for my own unnecessary experiences. During those times I saw higher education as a luxury due to the fact it was highly unlikable I would be able to afford it. One thing was certain, I knew that no matter what I did I wasn’t going to work in the strawberry fields for the rest of my life. I promised myself during senior year of high school, that I would do everything in my power toShow MoreRelatedReasons For Why Student Dropout1257 Words   |  6 PagesI live in a small town and all the students I’ve seen that dropped out said how their financial aid didn’t cover their college expenses. I love where I am from but I refuse to go back to Plymouth because my financial aid wouldn’t cover everything. Some reasons and assumptions to why student dropouts are: school isn’t for everybody, the work is too hard or they couldn’t balanc e out partying and school work. Although there are many explanations as to why students dropout; financial aid issues is theRead MoreThe Student Loan Debt Crisis1247 Words   |  5 Pages The Student Loan Debt Crisis Student loan debt has overtime become an unpleasant part of life for millions of Americans and especially borrowers. It is possible to identify the types of people who went through college and borrowed financial loans from those that went through college and did not go to college or those that went but did not borrow. The debt crisis directly affects the families of the borrowers, those with high debt burdens and advanced degrees. Despite the increased length in loanRead MorePublic Service Loan Forgiveness ( Pslf ) Essay1553 Words   |  7 Pagesare facing a outstanding debt of 1.3 trillion dollars in student loans alone and it s up to 43 billion students to pay all of that back in full. Our most recent graduating Class of 2016 student is coming out of college owing an average of $37, 172 in loans, making an increase of 6% since 2015. Which is significant amount of growth to have within such a short period of time. Many of these students are unable to make their monthly payments whe ther it be because of the tremendously high interest ratesRead MoreStudent Lo 7 Students Loan887 Words   |  4 Pages7 student loan myths debunked When it comes to student loans, there is a lot of information to take in—especially for a new college student who is exploring their financing options for the first time, or a new graduate who has just started paying off their student loan debt. With all of the different information out there, it can be easy to get confused, and perhaps even misunderstand certain things about student loans. The following are some common student loan myths, debunked: Myth #1: I’m notRead MoreWhy College Tuition in America Should Be Lowered1496 Words   |  4 PagesCollege Tuition Should be Lowered By Sarah Claymiller What could you do with $14,000? Well, you could buy 4,000 Whoppers with that money. You could also buy 35 IPads, and 4 80 inch flat screen TVs. Or, instead of those things, you could buy yourself one year’s worth of college tuition. Does it seem a little unusual that only one year of tuition costs that much? It might be if you live outside of America; the United States is one of the biggest spenders on secondary education compared to other countriesRead MoreStudent Loan Debt Is A Burden1467 Words   |  6 Pages Most people in today’s society have, but what about student loan debt? For too many Americans, student loan debt is a burden; there may be too much interest, not enough income, and a struggle to handle previous bills while staying on time with college payments. According to the Consumer Finance Protection Bureau in the United States, the total amount of student debt amounts to over $1 trillion. In the article â€Å"Here’s Your Crisis: Student Loan Debt Isn’t a Myth† (2013) Chris Lewis states, â€Å"becauseRead MoreThe For Loan Debt Crisis1308 Words   |  6 PagesMany economist view this current student loan issue in the same realm as the home mortgage crisis. In 2008 The mortgage crisis put the American economy into the biggest recession it had seen since the â€Å"Great Depression†. An economist by the name of John T. Harvey is highly regarded for his work in economics. Harvey attended the University of Tennessee, where he received a doctorates degree in economics and political science, and has now taken on the role as a Professor of Economics at Texas ChristianRead MoreCollege Athletes Of The 21st Century1115 Words   |  5 Pagesmatter. College football and basketball bring in six billion dollars a year. College athletes deal with scholarship gaps that leave them financially strapped. This opens up athletes to sometimes making poor choices to get money, including wrongdoing and involvement with devious individuals. Furthermore, student athletes are not sanctioned to hold a paying job while participating in college sports, which makes it very difficult to pay for the cost of living. NCAA is so out of touch with its rules forRead More College Sports: Paying Division One Athletes Essay1014 Words   |  5 Pagesscholarship. The proposal states that athletes should be eligible to receive money based on a percentage of profit their school makes. Although some say division one athletes already have all of their needs taken care of, helping athletes with extra expenses in college is essential. Because full ride scholarships take care of most costs for athletes, many argue they already have school paid for, and extra money isn’t necessary. On the other hand, athletes spend so much time and effort in their specificRead MoreU.s. Department Of Education s Student Direct Loan Essay1594 Words   |  7 PagesWhen carrying out research on getting the right deal for student direct loans a lot of options may come into mind but the truth of the matter lies in the fact that and among the most popular is the U.S. Department of Education s student direct loan. You may be asking what makes the U.S. Department of Education s student direct loan different from the others considering the fact that you might have had about some other alternatives in the past by some friends and close associates that might have