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Student Loans Issues

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The Big Issues in the United States Student loans have been one of the hot topics for the government. Without student loans many people are not able to afford college. Since tuition has been increasing every year, more and more students drop out because they cannot afford to pay for the tuition. Another issue the United States deals with is minimum wage. Increasing the minimum wage could help a large number of Americans backing their families and reduce dependence on government support. Student loans and minimum wage should increase to help the low income families with more opportunities even though student debt and minimum wage hold the economy back. Student loan debt is a big issue in the United States. Actually, 37 million Americans as …show more content…
What's in question for Democrats? Control of the Senate, for one – a modest bunch of focused races will figure out which gathering controls the chamber. Yet despite the fact that the House seems securely in Republican hands, Democrats are attempting to minimize misfortune.
` Republicans blocked the bill because it will result in raising the taxes on the upper class people. Republicans want to be fair with everyone when it comes to taxes. The more the Democrats push for a bill that allows students to refinance their bills, then the higher the taxes for the upper class. They say that student debt holds the economy back since the students are not able to pay off their debts. As a student, I do struggle to pay my own tuition, and it makes it even worst to know that I will graduate with debt under my name. Many students do come from a low income family, and it definitely affects them when tuitions constantly increased yearly. Because many student struggle to pay for tuition, they have to turn to loans and financial aid for help. Many big companies today prefer workers who have higher education. Since there is so much competition for high salary jobs, people have to take risks go back to college even though they know they will have student loan debt under their …show more content…
Higher least wages are particularly damaging for individuals with poor work aptitudes and restricted work experience. This is the reason youngsters and minorities have a tendency to endure most.
On the off chance that a business needs somebody to perform odd occupations, and he values the work at $2 every hour, he won't procure an individual if the lowest pay permitted by law is $7 every hour, hence keeping unemployment in low-wage sections higher than it would overall be. Minimum wages influence a person’s ability to work when work is deducted from an unemployment advantage. Some experts say that minimum wages affect the minority populations they were designed to support (Gillikin).
Democrats want to raise minimum wages while Republicans do not want to raise them. Democrats want to help the minorities; many of the minority population work hard labor for a low income. Republicans believe that people who have higher education should be paid much more than the people who are not well educated. I do agree that people who do not work as hard should not get the same salaries as the people who stride for the best. Plus if a worker who is lazy gets the same salary as another worker who works hard, then the worker who tend to work hard becomes just as lazy as the other worker. The big check should be the motivation

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