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Eng 101 Argumentative Alternative Essay

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Submitted By blitzy80
Words 1379
Pages 6
Bethany Martinez
ENG 101
M. Brown
30 April 2013

Mandatory Financial Counseling Should be Provided to All College Students A growing number of college students today are facing unnecessary hardships upon graduation from college because they lack preparation, and the necessary skills needed to manage their financial circumstances. Lack of knowledge combined with distracting, busy study schedules have led many college students to make poor decisions, leading to costly consequences upon graduation. According to the Project on Student Debt at The Institute for College Access & Success (TICAS) in the college graduate class of 2011, two-thirds had an average of $26,600 in student loan debt upon graduation; at the same time the unemployment rate among new graduates was at 8.8 percent ("Average Student Debt Climbs to $26,600 for Class of 2011"). As a result, thousands of new graduates are forced to face huge amounts of debt on student loans that they cannot pay, immediately after graduating. There has been talk on Capitol Hill about federal loans to help graduates with their debt. Government involvement to fix the problem seems very retroactive considering that universities could and should have taken a more proactive approach. Universities must better prepare their students for the foreseeable financial hardships they could face upon graduation by providing mandatory financial planning counseling to all students. Without proper counseling and direction, it is very easy for students to make big mistakes when it comes to seeking financial assistance to pay for college. All too often students fail to seek out student grants and scholarships available to them because of lack of assistance. They often seek advice from their schools first, only to be told to seek assistance elsewhere. Sadly, it is much easier for students to take out loans than it is to

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