Many students are actually deciding to look at graduate school to prevent the economic downturn. Christopher Guizlo is one of them, and he is going to be graduating having a master\’s degree in public communications along with a student loan debt close to $40,000. And like many of his generation, he will be entering employment market that is looking as bleak as always.
\”Like many others around the nation, my parents in the bank money and pushed me to visit college,\” writes Guizlo at the Washington Post.
\”But, like many others, we didn\’t save enough to really make it through all four years of undergrad and my one-year graduate program. My parents knew we would have to borrow money to do so, but they did not want anything to stop me from likely to my dream school.\”
Guizlo isn\’t alone. The \”We would be the 99 percent\” Tumblr account features countless stories of frustration with the economic problems our country goes through. A dominating theme is individuals who graduated from college with huge amounts of debt and are having trouble repaying their student education loans while attempting to make ends meet.
\”Maybe you\’re ready to Occupy Higher Education,\” writes Guizlo.
The average student who graduated in 2007-8 had $23,186 in education loan debt, and the total amount of remarkable student loans is?likely to surpass $1 trillion this season.
\”This is not the future that college graduates were promised. And it\’s time for Congress, the Department of Education and higher education officials to find a solution.\”
Guizlo doesn\’t think that this solution should involve making school free for all or simply forgiving all student debt. Instead, ?he is after jobs and incentive programs that encourage college graduates to pursue careers in areas which will jumpstart the economy.
\”This is the perfect opportunity for the federal government, universities and businesses big and small to work together to put college graduates into needed areas.\”
There\’s also a call for more education and information about the actual, real costs of a college degree and just what possible alternatives you will find to loans. Just like parents and school teachers lecture students concerning how to get their first credit card, they also need to educate them on the fine print on student education loans.
Students need to know that their loans can come due someday, writes Guizlo. \”And they\’ll be responsible for the tab eventually.\”