Makes Sense

The reading titled A Lifetime of Student Debt? Not likely was an interesting reading that changed my perspective on what I thought I knew or expected about college debt. All I ever hear about regarding this topic is how much people owe after they graduate and how much debt people find themselves in once they have their degree. However, this reading had an abundance of logic and factual statements that made sense. The higher the education the more expensive. The lower the income the more money borrowed. While there are many situations in which the college student is left with an overbearing financial crisis, it is not truely a common situation. I think that we have had this picture painted for us by the media and some unfortunate students about the cost of education. Like a lot of topics this day in age, this has been blown out of proportion. When the reading really starts to make even more sense to me is when it mentioned the logic behind having a larger debt if you are becoming something that requires more education. It only makes sense that doctor has more financial debt graduating college than a medical assistant or physical therapist. With that said, their are of course real situations in which students are completely submerged in debt. This reading goes an extra step to outline why that may be because it isn't necessarily a fault in the education system. There are many factors that go into play and like I said before, every student is a different situation. Some students overborrow both unconciously and conciously. In all reality, some students really don't have a choice but to have debt due to family situations or finanical situations from the very start. In my opinion, the amount of college debt you find yourself in pays off with the better job you get. If borrowed responsibly and logically, I would think that the job or postion you achieve after college would provide a suitable income. Suitable enough to pay off what you owe on a monthly or weekely basis. With everything in life, there are expections and some horror stories are actual true. However, it is not as common as people think. I am pursuing a nursing degree, Masters in Psychatic Nursing to be exact and I am already aware that I have to borrow a large amount of money. In the end though, I will be making at least $35/hour starting rate. I would hope that I would be able to pay off my debt. Nothing in life is free , especially not an education that guarantees a higher paying job. To many students that debt even at large is nothing compared to thier accomplished dream or aspirations.