It is possible to attend a university or community college without going into debt. Pell grants offer $5,600 a year to everyone for up to 6 years, there are also other grants. If your parents claim you as a dependent and you can't get financial aid work and save up for a few years. When the time comes cut your hours to part time attend school claim independent status and you will essentially get paid to get a degree. We all pay for this in taxes at some point in our life so take the grants and don’t attend Yale unless you want to be in debt for 20 years.
Schooling is expensive. You must go to school, and to be able to do so, you need to take loans unless you were to have received grants or scholorships. If you have to take out loans, you will have to repay them. The interest rate is incredibly high and these students are working to pay off a debt they've created making it almost not worth attending college.
After the notorious Everest College case Washington has to make the student loan reform a priority. Obviously faithful students do their best to get a diploma and earn themselves a future. The student loan reform should relax the repayment schedule, thus easing students stress and pressure on repaying and on the other hand convincing more young people to extend their qualifications.
The current level of employment opportunities in America leaves many graduates on income support. This situation, as well as expensive health-care, leaves many adults struggling to survive - let alone forge any kind of career in the wider world. America needs to give young talented adults the room to thrive.
It's the economy, It's too expensive, lack of employment, etc. etc. Notice though not one mention of personal responsibility. Those who went to college only want a good job. They want the government to reduce there stress. The excuses are nauseating. You would think that the present generation invented tough times. Here's a solution. Get a job, any job and start paying off your loans. The last I heard McDonalds is hiring.
Government involvement in student loans is precisely why we have a massive $1.2 trillion worth of student loan debt. The problems in "higher" education are everywhere; for one, you have entire classes and departments devoted to intellectual hoaxes and extreme political indoctrination with a notable example being Cornel West, which translates into nice salaries for people that can work as little as 6 hours a week making $100,000 a year teaching Marxist, anti-capitalist, anti-American political revolutions..A job for life basically and four months for holiday. Majoring in "Women's Studies" translates into rabid feminist indoctrination denying what the biology or neuro-science departments will tell you so you can land a job working for political organizations like N.O.W. And others...So a Sandra Fluke can demand employers pay hundreds for their employees sex life and everyone gets to ultimately pay with those higher premiums. A lot of people would be better suited to learn good skills and find a trade.
Washington has a lot more on it's plate than college graduates not being able to pay their bills. Once they graduate from College, like any other adult they need to pay back the money they borrowed. If they can't get a job, they need to find other ways to make the money to pay their bills. Maybe they go without a cell phone or that cup of coffee in the morning. Today's youth has no idea how to manage their money and use it towards the important things. They wanted an education and they got one, now they have to pay for it.