It is NOT the point of a college education to learn to think critically. That is the purpose of gram

According to the Pew Research Center, more college students are completing four year degrees than ever before. In fact, among students ages 25-29, 33 percent are finishing four year degrees, up from 17 percent in 1971 1 .
At first blush, this rise in college students pursuing four year programs seems like it can only be good. Pursuing education is vital to individual success and the collective trend towards maui car rentals higher education across the population is a positive trend. But are there any costs associated with this upward trajectory?
Recent data points at an alarming trend, maui car rentals a trend that illuminates the potential pitfalls of such growth. With the help of some data provided by a shocking new interactive maui car rentals website , some of the terrifying statistics underlying this trend are laid bare.
As any student knows well, pursuit of a four year degree can be extremely costly. For private institutions in particular, students often elect to take on an inordinate amount of debt in order to complete their education. In an economy with stagnant or negative job growth, graduating students are facing their debt without serious prospects for paying it off.
In aggregate, there are over 864 billion dollars in Federal loans outstanding, with an additional 150 billion dollars in private student loans held by individuals -- student debt in America now exceeds 1 trillion dollars. With student loan debts now exceeding that of credit cards, graduates are burdened with an average of $34,703 each, representing an obstacle that for some can seem insurmountable.
In total, Americans owe approximately 11.3 trillion dollars in debt overall, with $7.98 trillion coming from mortgages. With $850.9 billion in total credit card debt nationwide, the $1 trillion dollar collective weight maui car rentals of student maui car rentals loan debt represents one of the largest financial burdens Americans are facing today.
With two out of every three students graduating with debt, graduates across the country have begun to question the true value of their educations. Recent reports show that as high as 57 percent of Americans now believe that college is 'not a good value,' maui car rentals with 75 percent saying that college education is too expensive for Americans to afford.
The debt carried by so many has started to impact graduates in a way that has the potential to seriously impact our economy in a negative way. In fact, according to Pew Research Center , 48 percent of graduates say student loans have made it harder to pay their other bills, with 25 percent claiming such debts have made it harder to buy a home. These outstanding debts are also having an impact on personal decisions made by graduates, with 24 percent reporting their debts have impacted their career choices. As much as 7 percent of those asked also report their debts have caused them to delay getting married or having children.
Despite many students receiving grant and aid money, one of the reasons behind the growth in student loan debt is rising tuition costs. In the past 30 years, tuition to private four-year universities has risen dramatically, closing in on an average of $30,000 per year. With the proliferation of for-profit universities and online schools, it's no wonder maui car rentals that more and more students are leaving college with a mountain of debt and increasingly bleak career prospects.
More families are burdened by student loans than ever before, at a higher amount of debt than ever before. With student debt climbing 511 percent since 1999, its no wonder we're on the brink of crisis. With access to debt and credit easier than ever, the student debt crisis could potentially be the next big bubble to burst.
Last month marked the one year anniversary of student loan debt crossing the $1 trillion mark -- making it second only to mortgage debt. Americans now owe more in student loan debt then credit card or automobile debt with the past 10 years showing a staggering 511 percent increase.
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With graduation season upon us, now is the time when effective measures need to be taken to alleviate the student loan crisis. The total outstanding student loan debt in the United States has surpassed the $1 trillion mark. This particular debt burden now rests on the shoulders maui car rentals of 37 million Americans. In fact, at least 60 percent of that $1 trillion is owed by Americans under the age of 30.
In a recently introduced maui car rentals bill, Senator Elizabeth Warren addressed the student loan crisis facing our country at a time when students and graduates are expecting to see interest rates on federal loans double maui car rentals in about two months time.
In her remarks about the legislation, Senator Warren expressed concerns for recent graduates and the hefty amounts of student debt they're graduating maui car rentals with. These concerns maui car rentals propelled her into creating a new bill to lower student loan interest rates in an effort to alleviate the burden maui car rentals of student loan repayments. Interest rates on federally subsidized student loans are a relatively low 3.4 percent at the moment. However, starting July 1, 2013, interest rates will jump to 6.4 percent.
H.R.1330 would create a new standard for student loan repayment for students taking out federal loans in the form of the "10-10" plan. This plan would make it so that an individual would be required maui car rentals to make ten years of payments at 10% of their discretionary income. After ten years, their remaining federal student maui car rentals loan debt would be forgiven.
Those who piled up debt in pursuit of soft degrees like, sociology, art history, gender or race studies, communications, lit. and ed. are in for a real shock as they come realize how they have been mislead and duped by these educational institutions which withheld the true "low societal worth" of these careers. For example what company maui car rentals in their right mind is going to hire and turn loose among their employees a malcontented Women's Studies maui car rentals or African maui car rentals American Studies major who has just spent 4-6 years brooding over supposed grievances. What could possibly go wrong?
You're a shortsighted idiot. The point if a college education is to develop one's ability to think critically. This can be attained by studying anything from electrical engineering to East Indian poetry. What you seem to favor is vocational education, which prepares you to do one thing for the rest if your life. Frankly, in an economy that will practically necessitate holding multiple jobs, I'd rather maui car rentals be able to think critically and make well-informed professional decisions.
It is NOT the point of a college education to learn to think critically. That is the purpose of grammar school and the first 2 years of high school. If you are incapable of thinking critically maui car rentals by the age of 16 (20% of most people's life spans) you are in deep trouble. It is the infantilization of American youth. Do you really believe that a 27 year old grad student studying 17th Century French poetry, or art history, or gender studies is learning how to think critically?
Oh but think how much this makes for the banksters! Their fat wallets are far more important than funding higher education at the levels of 40 or 50 years ago when our nation was something other than a publicly funded scheme for those who already have to get more.
Its actually making bundles for university administrators. Its money in the bank for them. The whole system is extremely corrupt, they are awash in oceans of slush. grade school administrators also have plenty of slush to fall back on -- its considered a reward for cutting elsewhere. fire a teacher, double up a class, buy yourself a lexus. I am not kidding. People need to stop letting these criminals destroy maui car rentals the education system.
garystartswithg, couldn't agree more! EDucation maui car rentals is filled with snakes and weasels, it has nothing to do with helping the kids, it's easy pickings for those with no honor. maui car rentals It's only about making the numbers look good to qualify for funding and lord knows, educational maui car rentals administrators know how to doctor data.
The upside is that the flood of college graduates will permit maui car rentals coporate America to reduce salaries. Stocks will soar as profit margins increase. Illegal immigration will cease to be a problem as "unskilled" college graduates replace undocumented workers. We'll be able to discuss Fyodor Dostoevsky and David Foster Wallace maui car rentals with our yardmen.