Student Loan
By: bri3443 • Presentation or Speech • 402 Words • March 16, 2015 • 1,445 Views
Student Loan
Dear ________,
I’m Briana Turner a student from Louisville, Kentucky. As a senior, college is right around the corner. It can be very exciting but most of the time the excitement is overruled by stress of money. Seven in ten students that graduated from a public college in 2013 had an average of $28400 of loan debts, says projectonstudentdebt.org. Student loan are much higher than credit card debt; as of now credit card debt averages to about $15,950. Most people are raised to go to school the pushed in the direction for college. It’s difficult for students to go to college these days because college prices are so high and they do not have enough financial aid.
Going to college is a great career path it offer multiple job choices. When considering this choice you also have to think about the money aspect. The first thing any student considered is scholarships, grants, and student loans. There’s only so many scholarship and grants you can receive, the rest you have ti rely in loans. Loans aren’t considerably a bad thing. Rather than going through all the due dates and paperwork you can make a fast, easy, simple load,
There are a lot of drawbacks when students consider these simple loans. There’s fine print often overlooked when asking for student loans. Such as the effects it has on the future. Loans for college can take years upon years to get paid off. Ever thought about saving money up in a savings, most likely won’t happen if I have thousands of dollars in debt. Also all student loans you pay off, you have to pay 10% more annually.