Student debt is a dire problem that haunts nearly every student, but it is one of the many cataracts of the stream to success that students must go through in order to reach their desired goals.
Debt resulting from student loans is at a very high amount nationwide. According to Student Loan Hero, among the 44.2 million student loan borrowers, there is $1.48 trillion worth of student loan debt. This total is about $620 billion more than the United States credit card debt amount.
Most career paths still require a degree. It is no secret that the students who have persevered through several taxing semesters, pulled all-nighters to complete projects and dedicated play time for studying are the ones who are earning the big bucks.
Additionally, earning a degree of a higher status, such as a doctorate degree, can open doors for higher paying jobs and better wages, making it worth the amount of debt you may face by allowing you to easily pay it off and continue to make even more money.
“There are a number of occupations that can lead to success without having to build up college debt, but there are also a number of occupations that require a degree and a certain amount of training, such as what I am pursuing — a career in the medical field,” said junior biology major Precious N. St. Hilaire.
Ultimately, school is so much more than a degree, and paying off the loans may be worth it when thinking about everything a university gives to you as a student. Schools offer intangible assets their students, assets that are not accessible to those who choose not to attend college.
Such assets include fellowship with fellow colleagues to establish positive relationships and connections. Also, universities grant their students access to resources that build character, such as involvement in extracurricular activities and professionals who willingly share valuable knowledge to assist students in their quest for success.
“I love Kennesaw State,” said Jaylen Waters, a sophomore business major. “The people are friendly when you sit down and talk to them, the school means so much more to me than my education, so yes, I am fine with being in debt to attend such a university.”
In general, indebtedness often leads to a state of disdain or despair. While it may be classified as a crushing defeat, student loan debt, on the contrary, is a catalyst that leads to the stream of success.
