Student loans Essay

This essay has a total of 621 words and 3 pages.


Student loans







The federal government has the power to cutback the funding of student loans. There are
several different ways the government can go about doing this. One way is to keep the
amount of each loan the same and reduce the number of loans granted. Another option the
government has is to reduce the amount of each loan and issue the same number as in the
past. Either way, students that belong to a low-income family will be greatly affected.
Cutbacks in the funding of student loans have several effects.

One effect is less fortunate individuals will miss the opportunity of attending college.
However, it is not that the poor are unintelligent, but can not afford to attend college
without a loan. There is no such rule, which states that rich people are smarter then
poor people. This rumor may seem true because in the past there has been a higher success
rate in wealthy students when compared to the less fortunate students. For example, a
student wants to attend college but his parents monthly income is barely enough to cover
the rent, bills, and food. He can work a part-time job on the side but between the
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