Beacon College

Who’s Really To Blame for Student Debt?

Dec 13th, 2011 | By | Category: Articles, Blog, College, College Debt, college for homeschoolers, Student Loans, Transcripts

As the cost of education continues to increase, one might question who’s really at fault for a student’s accumulated debt: the institutions that impose higher tuition or the students that choose to attend those institutions?

When high school graduates start thinking about which college or university to attend, they have countless decisions to make. One major, influencing factor these days that both students and parents take into account is the cost of higher education. And with institutions raising tuition more and more practically every year, some students still choose to attend those institutions despite knowing that they will be drowning in debt by the time they finally graduate.

To avoid feeling bitter after four or more years of academic study, students need to carefully think about what it is they are seeking from attending the university of their choice. Do they simply want to be able to brag to their family and friends that they are attending a well-known and prestigious school? Or do they want to be able to meet the basic, entry-level job credentials following graduation so that they are able to find a well-paying job in a growing field? The bottom line is that a student is ultimately in charge of what debt they choose to acquire in the course of their pursuit of higher education. And while many students attending those expensive universities have hopes of landing a high-paying job post graduation, the truth is that things don’t always work out that way.

The best thing students can do for themselves before committing to pay a learning institution is take the time to do their research. Always consider the cheaper alternatives, such as community college, online classes, or a trade school. Consider what specific jobs you would like to have after you graduate, and what the availability of those jobs are projected to be in several years. Educating one’s self about the quality of their future education will help reduce feelings of bitterness in the end when what remains is a (hopefully) more educated individual and a sum of money owed.

If you wish to read the original article on which this blog was based, see here.a

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