Something People Might Be Surprised to Know About Me

I am reasonably confident that no one likes to carry debts, let alone student debts, and I am proudly one of them. However, as much as I love free tuition, my opinion on student debts may vastly differ from the ones of my peers. The idea of waiving student debts is simply not going to work in our current society. First, our national debt will spiral out of control. Because most of the higher education in the U.S has been privatized, by eliminating tuition, the government is essentially sending out a message to these colleges and universities to charge whatever price tag they wish and that the government is guaranteed to pay the bill. Next, since tuition is free, many new first-time college students won’t put their return on investment as a priority when they pick their majors. They are more likely to pick majors of their “dreams” or “passions,” often with no employable skills, instead of choosing a major, that will benefit them in the job market upon graduation. Because of this, it will inadvertently hurt the future job market and the general society at large. Lastly, our taxes are going to go way up. Which means our quality of life will suffer. And if that wasn’t the worst, the more considerate and financially responsible people who have paid off their tuition will most likely be disenfranchised in society. In addition, by being responsible and paying off their educational investment, they are now being forced to pay higher taxes to subsidize the group of people that had the fortune of having their tuition waived. Many people argue that we can repay these people the tuitions that they have previously paid. However, if we were to go down this path, we’re just simply going back to square one with the national debts, and it will be an endless cycle of misery.

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