Document Type

Research Paper

Publication Date

Spring 2021

Abstract

Furthering your education intends to be the golden ticket when forming the basis of a successful life. Investing in college can have both positive and negative effects regarding where it leads a student in life. Positive aspects include increased job opportunities, higher salaries and wages, as well as a better quality of living. However, rising college costs bring debatable questions as to how students can become better equipped to face this path in life. In order to resolve the student debt crisis, there is need for educators to develop a better system in communicating financial literacy and life skills their students. Adopting this approach of reshaping the education system and reviewing loan forgiveness policies can promote gratification through differing college experiences.

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