The government, the biggest cause of the student loan crisis in the US, needs to fix this problem
As a taxpayer and former university vice president, I'm glad we make college more accessible in this country through loans. Incurring a reasonable amount of debt to get higher education and, potentially, $1 million in additional lifetime career earnings over workers with just a high school diploma seems like a worthy investment to me. I think it is also an awesome opportunity to teach young people about personal financial responsibility.
That investment in addiction education would preserve a "quality of life over a lifetime" valued at $65 billion collectively, according to this study. By way of comparison, outstanding student loans now total $1.5 trillion. Education for student loans and substance abuse, of course, aren't mutually exclusive, but I believe we should spend more money, time and attention on addressing the student loan crisis by educating students before they take on the debt.
Instead, the plan should be to allocate billions of dollars to educate young people about risk and reward, and provide them with education and tools to make informed decisions about their education and future employment.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York Giants State Of The Roster AnalysisA unit by unit analysis of where the New York Giants roster currently stands as far as depth and potential.
Read more »
The most affordable small town in every stateUsing data from the Census Bureau, we found the small town in each state with the highest share of households paying affordable housing costs.
Read more »
UK energy network firms rattled by Labour state ownership planBritain's opposition Labour Party intends to take energy networks back into...
Read more »
State Department orders nonemergency personnel to leave Iraq postsAn earlier warning urged Americans in the country to avoid places known as gathering places for U.S. citizens and to keep a low profile.
Read more »
Steph Curry lifts Golden State Warriors to Game 1 win over Portland Trail BlazersWith Kevin Durant out injured, Steph Curry took over Game 1 of the Western Conference finals, scoring 36 points in the Warriors' win over the Blazers.
Read more »
'People are dying': U.N official urges aid access for Myanmar's Rakhine stateA U.N. official has urged Myanmar to grant aid workers 'predictable, sustai...
Read more »
U.S. State Department evacuates diplomats from Iraq as Iran tensions mountThe State Department urged citizens to leave Iraq as soon as possible and avoid all U.S. facilities within the country.
Read more »