Is Education A Tax Policy Program For Reduce Their Debt...

Graduating from college is a huge accomplishment in people’s lives. They have worked hard to earn their degrees, dealt with stress and struggles from the day to day challenges of college. After all those sleepless nights, they finally walk up to receive their diplomas and take in a big sigh. Everything in life will be better now. A college education is going to make their lives easier by taking all the previous burden away, leading them to establish themselves and save for the future with an early start. This should be the reality, the outcome after graduating. Unfortunately, unless people come from a rich family or gained a rare full ride to college, reality is, almost all students can’t afford to attend college, and their student loans come back to haunt them in the end. Since the government is not doing anything to fix this problem to help relieve people of student loan debt, every employment company should establish a tax policy program for their employees to reduce their debt. Every year, the consumption of student loans keeps on increasing. According to the statistics graph at the bottom, 71% of all students graduating from four-year colleges in 2012 had student loan debt, increasing to $20,000 more since 1993 (Gale Cengage Learning, 2016). Students are put into helpless positions to afford a college education. Since it’s a necessity for almost all students, the problem of the consumption of student loans may not be fixed as a whole. Borrowing loans will always be aShow MoreRelatedIs College Education A Tax Policy Program? Essay1635 Words   |  7 Pagesdegrees, dealt with all those stress and struggles from the day to day challenges of college. After all those sleepless nights, they finally walk up to receive their diplomas and take in a big sigh. Everything in life will be better now. A college education is going to make their lives easier by taking all the previous burden away, leading them to establish themselves and save for the future with an early start. THIS should be the reality, the outcome after graduating. Unfortunately, unless people comeRead MoreFiscal Policy1391 Words   |  6 PagesFiscal Policy The people of the United States are by the fiscal policies. Team C will address the how and why the U. S. budget deficits, budget surpluses, and debt affect different individuals and institutions. There is a wide array of individuals affected by fiscal policy, which include tax payers, future Social Security and Medicaid users. The unemployed individuals and University of Phoenix students will be affected by fiscal policy. The U.S. financial reputation, an exporter, and importerRead MoreTax and Reagan1575 Words   |  7 Pages At the end of the Carter presidency, the nation’s idealistic dreams of the 60’s was worn down by inflation, foreign policy turmoil and rising crime rate, the nation was troubled by the late 70’s. Due to this many Americans were ready to embrace a new conservatism in social, economic and political life in the 80’s. In the 1980 bid for President, Reagan won the Republican nomination after two failed attempts in 1968 and 1976. Although Ronald Reagan once held Democratic views, he grew more conservativeRead MoreNational Debt Essay1004 Words   |  5 PagesAmerica’s national debt. An option that seems best for the country would be for the US government to do things such as reform the tax code, reducing other spending, slow the growth of entitlement spending, and help the economic growth. 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Each step the government takesRead MoreA Balanced System Of The Republican Party And The Democratic Party1541 Words   |  7 Pagesbe ongoing debates between the parties are education, tax reform, immigration, national debt, healthcare and abortion. Republicans tend to lean more toward the freedoms, rights and responsibilities of the individual and the democrats lean more toward American equality and social responsibility. Due to the differences in core beliefs between the two groups, it is uncertain that the two parties will ever be able to see eye to eye. When it comes to education the Democrats believe that the public schoolRead MoreCollege Graduates Suffering From Excessive Financial Burden As A Result Of Student Loan Debt1657 Words   |  7 Pagesof outstanding student loan debt has tripled and is now over $1 trillion† (Jaquette and Hillman). This alarming trend illustrates the immediate need to address the issue of college graduates suffering from excessive financial burden as a result of student loan debt. According to Ozan Jaquette, Ph.D., assistant professor of higher education in the Department of Educational Policy and Practice, and Nick Hillman, Ph.D., assistant professor of Educational Leadership Policy Analysis, â€Å"When borrowers default