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Brady Wagstaff
Karen Coopman
114.30
9/28/15
Loans and their effects through college
When coming to college your whole money situation changes, suddenly you’re
bombarded with housing costs and student loans that you have to pay back or you will spiral into
debt. Your whole life changes you don’t have your parents paying for your voluptuous wants
and needs, you’re on your own. The move from high school understudy to college undergrad is
a standout amongst the most upsetting and essential times in an adolescent’s life. Not only is
your day to day life going to change but your spending habits have to change. The school years
are a period were a high school student leaves their support team behind, and set out on a voyage
that will give them a head start on their grown-up years. These years will shape each student
with new connections, and help begin new professions to totally change their lives. Not only
will students be broadening their minds in college but also learning to be a young adult. With
being a young adult comes great responsibilities, undergraduates in universities and colleges are
confronted with a full-time course load and in addition requiring time for examinations, exercises
and working in light of class tasks. As a new responsibility baring college student you must be
aware that some financial situations you have control over and some they do not. Such as,
paying for college its self, financial budgeting, and student loans. The struggles that come with
college are horrifying, this includes why tuition and housing fees have gone up and how it is
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affecting not only students but their parents and families as well. Parents and families want to
help set up greatness for all students’ futures, but not all families and parents can do so
financially. Of course they try there best but times are tough and students also have to start
branching out to become young adults. Leading students to have to take out loans and go into
debt; all for their future.
The vast majority of college students that are in debt, attempt to pay off their student
loans but struggle intensely and feel like they have to stay silent about it. They would prefer not
to recognize how much trouble they are in, maybe because there is a little more innocence. For
the new young adults some try to keep a simple faith that they will obtain more soon and that
they can deal with their balancing act in debt. Undergraduate loaning is a major business, one
that has been the subject of numerous protests in recent years. Most recently, with all the tight
