For an example; a student that was attending college for his junior year had already scheduled for a class to take, but was dropped because financial aid decided not to pay for it due to his mother making over $60,000 a year. As a result, it lead him into debt for a class he did not take and has to pay for the course. Even though, there are graduates still making payments over student loans and tuition fees, that take years to pay off and not only that, but interest as well. In fact, a fifty-seven year old lady joked about paying her student loan since 1983 along with her two daughters saying “ It will be on my cemetery headstone ‘still paying student loans”. It is beyond crazy that people past fifty years old are still paying loans even after graduating college. That just shows students need millions of dollars to pay off …show more content…
According to Why Is Tuition So High, by Ellen Wexler she states “colleges increase tuition even more, because they know financial aid can cover the difference”, even though that is true, if financial aid was not available to students, college tuition wouldn’t have to increase, do to there not being any other funding. But it shouldn't matter because students don’t have money like that. Unless they are rich, and from research, rich students are more likely to graduate than poor undergraduates. Tami Luhby says in her article The rich are 8 times likelier to graduate college than the poor, “ Some 77% of students from wealthy families earned bachelor's degrees by age 24 in 2013, compared to only 9% of those from poor families, a new report has found”. Following up to college tuition being increased, it is only fair that both families rich or poor can sustain the price of college tuition if it decreases. With that being said, financial aid money is usually going to the poor families, people who cannot afford