Should student loan debt be forgiven?

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Choose one of the following topics and plan and compose a five-paragraph argumentative essay. When you are composing this essay, remember to include all the necessary characteristics of a proper argumentative essay: 1) an introductory paragraph that presents the background of the issue, includes discussion of the opposite view, and presents a thesis that states the issue and position on the issue; 2) a three-paragraph body that presents and adequately and specifically develops three sound, logical reasons in support of the position on the issue; and 3) a strong conclusion that makes the last firm, logical appeal to the reader. Remember also to write this essay in third person only (no first I or second person you). Furthermore, you must use at least one outside reputable source (magazine, newspaper, or journal article) in support of your argument. Your paper must include parenthetical citations for the use of the source within the body of the essay itself and a works cited page at the end of the essay. Parenthetical citations and the works cited page must be formatted according to MLA guidelines.

 

Should student loan debt be forgiven?
Should public college be tuition-free?

Sample Solution

The issues of student loan debt forgiveness and tuition-free public college are complex and multifaceted, with strong arguments on both sides. Here’s a breakdown of the key points to consider:

Student Loan Debt Forgiveness

Arguments for forgiveness:

  • Economic burden: Student loan debt can be a significant financial burden for many individuals, limiting their ability to save, buy homes, and start families.
  • Inequality: The burden of student loan debt falls disproportionately on low-income and minority students, exacerbating existing inequalities.
  • Stimulus to the economy: Forgiving student loan debt could inject billions of dollars into the economy, stimulating spending and economic growth.

Arguments against forgiveness:

  • Unfairness: Forgiving student loan debt could be seen as unfair to those who have already repaid their loans or made sacrifices to avoid taking on debt.
  • Moral hazard: It could encourage future students to borrow more recklessly, knowing that their loans may be forgiven.
  • Government spending: Forgiving student loan debt would require significant government spending, which could lead to increased taxes or cuts in other programs.

Tuition-Free Public College

Arguments for tuition-free public college:

  • Increased access: Tuition-free public college would make higher education more accessible to low-income and middle-class students.
  • Economic benefits: It could lead to increased educational attainment, higher-paying jobs, and stronger economic growth.
  • Reduced student debt: Eliminating tuition would reduce the burden of student loan debt for future generations.

Arguments against tuition-free public college:

  • Cost: Implementing tuition-free public college would require significant government funding, which could lead to increased taxes or cuts in other programs.
  • Quality concerns: Some argue that tuition-free public college could lead to a decline in the quality of education, as institutions may struggle to meet increased demand.
  • Decreased value: If college becomes more accessible, it may lead to a decrease in the perceived value of a college degree.

Ultimately, the decisions of whether to forgive student loan debt and implement tuition-free public college are complex and involve weighing various economic, social, and political factors. It is important to consider the potential benefits and drawbacks of each policy before making a decision.

 

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