Student Debt Essay.docx - 1 Xiong Ashley Xiong Professor Schoolcraft ENG1221N3 My Student Debt Out of most of the people I know in my life student debt

Student Debt Essay.docx - 1 Xiong Ashley Xiong Professor...

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1 Xiong Ashley Xiong Professor Schoolcraft ENG1221N3 September 05, 2019 My Student Debt Out of most of the people I know in my life, student debt is a common factor between us. The ones that do not have student debt are those who either did not go to college or enlisted in the military. In the article, “Student Debt Lives on Hold,” where Saul Newton was bold enough to share his story. He dropped out of college and enlisted in the military where he hopes “to go back to school under the GI bill.” This seems to be the case with majority of my military friends. They enlist themselves to obtain the GI bill, so they do not have to worry about student debt in the future. Student debt is when someone borrows money in order to be able to get a college education. These are loans in which the borrower must pay off, eventually. While reading the article, “Student Debt Lives on Hold,” I have learned that the “federal government holds 93 percent of 1.3 trillion student loans.” That is completely shocking to me considering that I am included in that statistic. I am lucky enough to be paid under the table, not having to claim any of it, and being able to pay off my own loans.
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  • Summer '19
  • Mary Broding
  • Debt, XiongAshley Xiong

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