3 thoughts on “Problem Memo onTuition-Free Bachelor Degree”
The stats on the student loans is very convincing. I completely agree that tuition keeps increasing and grants are difficult to obtain as a college student. You pointed out great examples showing the increase of debt from 2007 to 2015 based on the Consumer Financial Protection Bureau.
The mental health conditions you pointed out kind of jumped places in that paragraph. I think of joining university societies does not have a negative impact on a student’s impact on the college. Many people and I included did not join university societies, but we still had a full college experience as students who worked to pay their way through school. I liked the example of using the economic system and the Federal Reserve . However,
I think you can also make an argument that private institutions and banks want students to take these loans because it gives them a financial benefit such as getting money from the interest on loans. I loved your proposal on having a free 4-year bachelor degree program, and it will give many people in this country to go to college. It will save many young adults money and they will not be in debt. If Germany, France, and China can do it, why can’t we?
Absolutely loved your post on the tuition-free Bachelors Degree. I think its terrible that student debt is the second largest class of consumer debt, like you mentioned, and that its so closely correlated with mental health conditions. I also think that if students could obtain a B.A. without tuition costs that more students would be willing to pursue higher education. This would help boost the economy and culture a society that is more educated. I also agree with you that it will help with the banks as well. The banks take a huge cut every time a student fails to pay back their loan. Overall I think it would be extremely beneficial.
I think this issue is more important than ever. Given the amount money that the government provides in the form of federal loans, perhaps a better investment would be to provide tuition grants directly to universities on behalf of attending students. This more direct approach means that students dont take out more than they need and funds go directly toward tuition and not non essentials.
The stats on the student loans is very convincing. I completely agree that tuition keeps increasing and grants are difficult to obtain as a college student. You pointed out great examples showing the increase of debt from 2007 to 2015 based on the Consumer Financial Protection Bureau.
The mental health conditions you pointed out kind of jumped places in that paragraph. I think of joining university societies does not have a negative impact on a student’s impact on the college. Many people and I included did not join university societies, but we still had a full college experience as students who worked to pay their way through school. I liked the example of using the economic system and the Federal Reserve . However,
I think you can also make an argument that private institutions and banks want students to take these loans because it gives them a financial benefit such as getting money from the interest on loans. I loved your proposal on having a free 4-year bachelor degree program, and it will give many people in this country to go to college. It will save many young adults money and they will not be in debt. If Germany, France, and China can do it, why can’t we?
Absolutely loved your post on the tuition-free Bachelors Degree. I think its terrible that student debt is the second largest class of consumer debt, like you mentioned, and that its so closely correlated with mental health conditions. I also think that if students could obtain a B.A. without tuition costs that more students would be willing to pursue higher education. This would help boost the economy and culture a society that is more educated. I also agree with you that it will help with the banks as well. The banks take a huge cut every time a student fails to pay back their loan. Overall I think it would be extremely beneficial.
I think this issue is more important than ever. Given the amount money that the government provides in the form of federal loans, perhaps a better investment would be to provide tuition grants directly to universities on behalf of attending students. This more direct approach means that students dont take out more than they need and funds go directly toward tuition and not non essentials.