Proposal
For my research essay, I will be examining the effects college debt between person A and person C. Having a college degree can potentially be beneficial, if it works out the graduate’s favor (person A). But having a college degree might not be beneficial to all graduates, student debt can cause a great inconvenience to graduate’s personal and finical lives (person B).
The high increase in college tuition is leading most students to take out loans, so they can attend college. Many graduates earn enough money from their career jobs that college helped them receive, to pay off their student debt (person A). Many graduates cannot find finical steady jobs after college or/and struggling to obtain the high price of their debt (person B).
[FIRST VERSION] Saved for Comparison
For my research essay, I will examine the large amount of student debt in the United States of America. Student debt impacts graduates negatively in American society.
Most of Americans go to college to earn a college degree, so they do not have to struggle that much in life. Americans are still not always guaranteed a steady job right away even with their degree. For the most part, what is guaranteed is being left with thousands of dollars in debt. Student debt can have major effects on Americans futures in a negative way. College graduates have to worry about getting a career, figuring out their living situation, and also saving money.
The more time spent in school, comes with more degrees. The higher degree earned comes with more education, knowledge, and better careers. It also means thousands of dollars. Holding onto a steady career is difficult without a college degree. Depending on the major the student wants to study, the price fluctuates. The tuition costs are getting so enormous in price, that college students only choice is to take out student loans.
Sources
- Student Loan Balances Jump Nearly 150 Percent in a Decade
https://www.cnbc.com/2017/08/29/student-loan-balances-jump-nearly-150-percent-in-a-decade.html
Essential Content of Article: This article provides the average student of student debt graduates have. The high jump of student debt America encounters. This article provides, graphs and charts to support their evidence. The percentage of America that is in student debt.
What it Proves: This article proves that that tuition increase for college education is causing problems for not only graduates but also the economy. This article also proves the delay on personal purchases due to student debt.
- How Is The Student-Debt Crisis Affecting The Lives Of College Graduates?
http://www.genfkd.org/student-debt-crisis-affecting-lives-college-graduates
Essential Content of Article: This article provides information about the student debt crisis affecting the personal lives of college graduates.
What it Proves: This article proves student debt effects many college graduates. It provides information about the impact of rising tuition costs, and the debt America is in. The price of paying back student debt monthly. This article also proves the long-term impacts of student debt.
- The Impact Of Student Loan Debt On Millennial Happiness
https://www.forbes.com/sites/sarahlandrum/2017/10/20/the-impact-of-student-loan-debt-on-millennial-happiness/
Essential Content of Article: This article provides information on student debt and the cost of college. Poll provided on the joy college graduates have. This article provides information on the debt America is in.
What it Proves: This article proves the “entry level” average person salary in recent years was around $50,000. If only the rich paid for college it would be unfair. If college was free taxes would be very high.
- Study: Student Loan Borrowers Delaying Other Life Decisions
https://www.usnews.com/education/blogs/student-loan-ranger/articles/2016-01-20/study-student-loan-borrowers-delaying-other-life-decisions
Essential Content of Article: This article provides surveys on daily spending habits of young Americans. Provides information on public, private universities, and community colleges. The percentages of people who think college is and is not worth it.
What it Proves: This article proves student debt effects some graduates personal lives. Purchases from many graduates are being delayed. Student debt can cause people to take out of their savings or retirement. Student debt can cause graduates to have some troubles with paying for some necessities.
- Student Loans Are Ruining Your Life. Now They’re Ruining the Economy, Too
http://time.com/10577/student-loans-are-ruining-your-life-now-theyre-ruining-the-economy-too/
Essential Content of the Article: This article proves even though a person has a degree in a certain field it does not mean a career is gaurenteed. The amount of student debt America is in. The average amount of money a graduate owes. The rise of tuition and loan interest. More students are attending college.
What it Proves: This article proves that America is in $253 billion dollars of student loan debt. In the recent years the debt increased 10 percent. Not all graduates can pay back their debt in time. This article proves charts. This article proves tuition for universities rising. This article proves interest rates are crazy.
- “Debt Fueled Tuition.”
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/nickclements/2016/08/08/the-real-student-loan-crisis-debt-fueled-tuition-inflation/&refURL=&referrer=#61bbca0a6824
The Essential Content of the Article: This article proves that America is in trillions of dollars in student debt. Student debt is causing some graduates to delay marriage and owning a home. College tuition for both private and public universities have increased.
What it Proves: This article from Forbes focuses on a two-way argument about student loan debt. This article highlights the cost of college tuition rising. This article also highlights the different solutions people are trying to come up to help student debt.
- Student Debt: Lives on Hold
https://www.consumerreports.org/student-loan-debt-crisis/lives-on-hold/
The Essential Content of the Article: This article proves that student loans were not always such an inconvenience, the loan companies were more generous. But after a couple laws were put in place, student debt became the most debt in America. This article proves America is in trillions of dollars in debt. This article speaks on different techniques that could help the student debt situation.
What it Proves: This article from Consumer Reports focuses on a few reasons why student debt is the worst debt. This article highlights laws that went into place that made student debt worse. This article also highlights if there was more support for public schools, billions of dollars could be made.
- “How Today’s Student Loan Debt is Failing Future Generations”
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/chasewithorn/2014/07/30/how-todays-student-loan-debt-is-failing-future-generations/&refURL=https://www.google.com/&referrer=https://www.google.com/
The Essential Content of the Article: This article proves that the number of students in college who are borrowing loans increased. This article also proves that America is in trillions of dollars in debt. This article speaks about how student debt hurts the student but it is also affecting the economy because graduates are not making as many large purchases right away.
What it Proves: This article from Forbes focuses on a few affects student debt has on Americans and the economy. This article highlights student debt can affect other generations. This article also highlights the tuition cost for college increased.
- “Higher Education Is a Giant Pyramid Scheme”
https://www.forbes.com/sites/sherylnancenash/2012/05/17/is-higher-education-a-giant-pyramid-scheme/#7603d6b34732
The Essential Content of the Article: This article proves that almost half of college graduates cannot find a steady job. This article proves that interest on a loan makes it even more difficult to pay back, this article mentions some states that offer interest-free student loans. This article touches on status and/or knowing people can land a person a career. This article speaks about careers not always being guaranteed even with a college degree.
What it Proves: This article from Forbes focuses on the large amount of student debt in America. This article highlights the large amount of student debt America is in. This article highlights a survey performed on a few college graduate’s unemployment percentages. This article also highlights interest rates on student loans.
- “Is a College Education Worth It?”
https://college-education.procon.org/
The Essential Content of the Article: This article proves the average amount of debt an average college graduate contains. This article mentions that success can come with and without a degree. This article also mentions college graduates can make higher salaries but the student loans are overwhelming. Many topics are provided about college and student debt.
What it Proves: This article from college-education focuses the argument of college. This article highlights the different arguments of the pros and cons of a college degree. This article also highlights the average amount of debt an average college graduate contains. This article also provides background of the topic.
11. “Benefits of Earning a College Degree”
https://www.cbd.edu/9-benefits-college-degree/
The Essential Content of the Article: This article explains the top reasons why attending college can be beneficial. This website is used for my counter-argument.
What it Proves: This article from CBD College focuses on the benefits of college. This article points out some positives of attending college.
12. “High Paying Jobs Without a Degree”
https://christianpf.com/paying-jobs-without-degree/
The Essential Content of this Article: This article explains the different jobs a person get without a college degree.
What it Proves: This article from SEEDTIME focuses on well paying jobs that people can get without a college degree. This article speaks on the theories of college, and how it is possible for people to receive good jobs without a degree. This article also speaks about how there is more of a variety of jobs.
13. “Millennials Face Life After College”
https://www.cnbc.com/2017/09/08/millennials-face-life-after-college-finding-a-quarter-life-crisis-instead-of-dream-jobs.html
The Essential Content of this Article: This article explains some of the challenges college graduates are facing after college. This article provides quotes from graduates who are facing troubles after graduating. This article speaks about some crisis’ graduates are having.
What it Proves: This article from CNBC focuses on some of the struggles college graduates are having after graduating. Many people say with a degree comes a career right away, but many graduates are struggling with the challenge of finding a career. This article also speaks on the large effect student debt has on college graduates.
14. “Student Loan Debt Statistics for 2018”
https://studentloanhero.com/student-loan-debt-statistics/
The Essential Content of this Article: This article explains the statistics of student debt. This article provides facts on student loan debt, public service loan forgiveness, and federal student loan portfolio.
What it Proves: This article from Student Loan Hero focuses on the statistics of student debt. This article provides facts on student loan debt, public service loan forgiveness, and federal student loan portfolio. This article also provides charts for different loan types and companies.
15. “Student Loan Debt May Not be as Bad as it Seems”
https://www.forbes.com/sites/financialfinesse/2016/08/07/why-your-student-loan-debt-may-not-be-as-bad-as-it-seems/#382de09518b8
The Essential Content of this Article: This article explains some reasons why student loan debt is not as bad as it seems. This website is for my counter-argument. This article provides a couple of tips to help with student debt.
What it Proves: This article from Forbes focuses on student loan debt. This article provides information about student debt and how student debt is not so bad. This article provides information on 401k and debt balance.