Thursday, September 6, 2012
Will I Make It After College? Or Will Student Loans Drown Me In Debt?
http://www.nbcchicago.com/news/politics/illinois-senator-dick-durbin-loyola-student-loans-166806286.html
I am sixteen years old, everyday I worry about the future for me, my family, and future college students. What will life be like for us after college? How much debt will be in? Will we able to get the job we want or went to school for? Will we have take a job far away from everything we know? Will we be able to enjoy our jobs or will we have to be in it just for the money? Will we have to drop out of college because of debt? I'm deeply sadden that this will be the state of mind for many future college prospects and recent college graduates for now and years to come. Will anybody stop to help us, "Saying this is to much, how can anybody survive this"? I understand that debt and student loans are apart of many young adult lives, but does it have to be this bad? I have seen my mother struggle to put three children through college. Some of my siblings have had to miss out on actually Universities because they got into very good schools and their college tuition was just to much, now they must begin there college lives at a local community college. Not to say that there is anything at all wrong with community college, but their potential has been hindered by this problem. However, there is light ahead of this long, dark, gloomy tunnel. Education Reform. Specifically, Student Loan Reform. Finally ,there is an answer to problems of many Americans. Obama has potentially created a way to escape or minimize the financial hardship of college, through low interest rates, and lower federal loans. Bill Clinton says"That's why investments in our people are more important than ever. The president has supported community colleges and employers in working together to train people for open jobs in their communities. And, after a decade in which exploding college costs have increased the drop-out rate so much that we've fallen to 16th in the world in the percentage of our young adults with college degrees, his student loan reform lowers the cost of federal student loans and even more important, gives students the right to repay the loans as a fixed percentage of their incomes for up to 20 years. That means no one will have to drop-out of college for fear they can't repay their debt, and no one will have to turn down a job, as a teacher, a police officer or a small town doctor because it doesn't pay enough to make the debt payments. This will change the future for young Americans"
Read more: http://www.nydailynews.com/news/politics/bill-clinton-dnc-speech-full-transcript-article-1.1153058#ixzz25gSBhoro
How will the ideas and policies of the Democratic Party impact the lives of Americans in the next four years? By inspiring hope in every exiting college student that there is a future for them beyond the walls of college, that they can make it after college. That there future gets brighter everyday. Finally we can lift our heads high and walk talk because there is strong promise in our future. Although we may still worry,we still will struggle, and we may even stumble with our lives present and future wise. When it comes to college our hearts will be at peace.
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