Higher education has become one of the chiefly privatized ventures in America and calls for loans as the primary way greater part of the American population can pay for it. Over the past few decades, student loan debts have increased tremendously placing strain on the students…
With the high tuition, fees and interest rates on students’ loans, the author notes that higher education may soon be left to the rich (Williams 54). The author also notes that this debt should not only be treated as a way of financing the students but also as a form of teaching. From the lessons learnt from the student debt, the author proposes that the best way would be to do away with the current system of student debt and move to direct lending controlled by the federal government to colleges (Williams 53-59).
The author clearly explains and shows the significance of debt to the students and their families. The author provides credible evidence to show how majority of American populace depend on the student debt to finance their higher education. Education is a necessity and it is for this reason that the author provides sufficient support to the point that people should not pay back for a necessity (William 57). The author also tries to show how student debt has immensely changed over the past decades. In addition, the author shows that the student debt serves more as a teaching mode than as a financing mode. It teaches us that higher education is a consumer service, teaches us career choices, comprehensive view of the world and human life, civic lessons, and the worth of an individual (Williams 56-58). With this, the author tries to answer to the question ‘why student debt should be scraped off and shift to federal government lending’. Moreover, the author has used significant terms such as draconian, pedagogy and worldview.
However, though the author gives an outstanding proposal, he fails to understand and explain that financing of higher education by the federal government means an increase in taxes, which would be borne by the American Citizens. Increase in taxes would result to increased prices of items, and the poor would again be on the suffering end. In addition, the author fails to give support on why ...
Cite this document
(“Sumary critique on Williams, J. (2006, Summer2006). Debt Education Assignment”, n.d.)
Retrieved from https://studentshare.net/english/567585-sumary-critique-on-williams-j-2006-summer2006-debt-education-dissent
(Sumary Critique on Williams, J. (2006, Summer2006). Debt Education Assignment)
“Sumary Critique on Williams, J. (2006, Summer2006). Debt Education Assignment”, n.d. https://studentshare.net/english/567585-sumary-critique-on-williams-j-2006-summer2006-debt-education-dissent.
The reputation of the Company has greatly been tarnished by the stories of deaths which the drug had caused The J&J Company is faced with a dilemma because it cannot give direct warnings regarding specific organs as this would only cause confusion about the use of drug.
eaths which the drug had caused The J&J Company is faced with a dilemma because it cannot give direct warnings regarding specific organs as this would only cause confusion about the use of drug. Also they cannot mention about the risk of death on the warning label because people
The conclusion from this study states that it would be substantial if the country creates new ways of paying its debts and increasing its national income. According to the research findings, it can, therefore, be said that this would lead to economic growth that creates job opportunities and better spending.
Raising company valuations as much as possible in the market place remains one of the key objectives of most of the firm and that is why each company resorts to incorporating certain proportion of debt
Despite the effort that the India has put in containing its economic standard still, it faces some implications that lead to drop of the economy level. It is seen in the weak credit growth and poor investment. The
The rate of unemployment has increased and the gross domestic product has decreased. During the Euro zone crisis, Greece has faced the debt crisis severely as compared to the other countries. The government has focused on the
ized sales, the companies have to use different types of personal data from different mediums of their customers and using it to deduce the next big offer (NBO) for their customers once they log in online or purchase products.
According to the article by Davenport, Mule &
They add that the greatest challenge for the marketers in the digital world will be to generate energetic, collaborative groups of clients who make products and brand a fundamental part of their everyday lives. Markers should aim at creating
2 Pages(500 words)Assignment
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Assignment on topic Sumary critique on Williams, J. (2006, Summer2006). Debt Education. Dissent for FREE!