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  • Essay / College should be free to reduce student debt

    Global student debt is a major problem worldwide today, not only among current students, but even among some students who have dropped out for over fifteen years. years. According to Forbes magazine, “student debt is at an unprecedented level and it is estimated that there is more than $1.5 trillion in student debt worldwide today.” There have been discussions recently between various higher authorities about whether or not there is a way to reduce or completely eliminate all student debt around the world. In fact, it has even been a major topic of interest surrounding a presidential candidate. In the following essay, I will discuss whether the idea of ​​offering free tuition would actually be a good idea or if it is something that is simply not possible to offer based on the circumstances of today's world. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay I researched two authors who have very good arguments about whether or not college should be free for all students, essentially eliminating student debt. The first author I will discuss is Morley Winograd. Winograd, president and CEO of the Campaign for Free College Tuition, favors the idea of ​​free education for students. The next author I will talk about is Rick Staisloff. Staisloff, founder of rpkGROUP, an education consulting firm, has a slightly different view than Winograd and believes that college tuition should not be free and that if students want to get an education, they should then have to pay. for this education. Winograd and Staisloff both find common ground in arguing that there should be a way to make the cost of college cheaper and more affordable. One of the very first arguments that Winograd begins with is that we ask young millennials, who have recently graduated from high school and have been accustomed to having their public education paid for by the community that supports them. surrounds, to go out into the real world and get a higher education by going to university. The key point of this argument left out is that they will have to pay for this education instead of the community around them paying for it. Most students don't really realize how much tuition really costs until they are left to pay for it on their own. Winograd even quotes: “Just when a college degree or certificate has become a ticket to the middle class, we have made it too expensive for most families to send their children to college.” Winograd backs up this claim by giving a percentage calculated by the Center on Budget and Priorities, which did a study dating back to 1973 and found that the average college tuition has increased since then by about 274 percent , even though the average household income has only increased by about 7 percent. To end his argument, Winograd suggests that the government consider funding students to finance their college education. He states that “while free tuition at public colleges will require a major investment by government, the return on that investment will pay dividends for decades.” In doing so, the government would offer many young people the opportunity to go to university and obtain a degree that they would otherwise not have..