Financing Education is Like Financing a House

           

Maria Fernanda, a colleague of mine, addresses the issue of student loans in her blog U.S. Events. Maria is exclaiming that the government should “make a better plan in student loans” and “do something about the [increasing] interest rate on students loans.”

            Let me start off by saying I 100% agree with her argument being made. Why? Because I am her targeted audience and what she is saying applies to my life as well. I had no idea tuitions were rising again on July 1^st, nor did I know that the federal government profits from student loans, although; that doesn’t surprise me that they have their hands in the student loans. Maria is completely right that the increase in tuition rates and interest rates are outrageous. All that will do is: add more numbers to the category of those who can’t afford to pay off their student loans after college, and scare more people away from college.

            The only thing I would add to her argument is the use of links to sites with data about student loans, tuition rates, and government profits from student loans. This way her facts don’t seem as if they are just coming from the air, it also establishes more credibility. Other than that, there are no further revisions needed. All of her targeted audience, college students, will agree that these increased rates and tuitions are hurting us. America can’t preach and stress enough of how valuable education is to our country. Yet, we continue to raise tuition prices and interest rates? Yeah, that makes sense.