|Education should be free! Eliminate student loans and directly support the costs of higher education!|
Share your opinion with other supporters!
The United States has one of the most expensive higher education systems in the world. Public colleges have no control over one major revenue source — the state. In 2012-13, the average cost of annual tuition in the United States ranged from $3,131 for public two-year institutions (community colleges) to $29,056 for private four-year institutions. Besides economic effects of rapidly increasing debt burdens placed on students, there are social ramifications to higher student debt. Several studies demonstrate that students from lower income families are more likely to drop out of college to avoid debt. Studies indicate that more than 75% of college students report stress, including stress involving tuition challenges. Recent reports also indicate an increase in suicides directly attributable to the stress related to distressed and defaulted student loans. The adverse mental health impacts on the student population due to economic-induced stress are becoming a social concern. Students generally have higher stress levels on their financial burden such as student loans, and foreseeable employment in the job market.