Creating Financial Security for College Students/Graduates Essay

Creating Financial Security for College Students/Graduates One of the biggest problems facing students at once, is the fact that there is no actually financial security after earning a degree. Many students find that the minuscular amount of financial aid available, is not satisfactory to provide a shelter source of payment for tuition. This is exaggerated by an exorbitant cost of the ever rising education costs. The facts ar, it is expensive to get a higher education, and there is little alternative to receiving a degree. Students who manage to finance their college education through government, or private loans, enter a whole new set of problems upon graduation. Student loans are difficult to pay back. Loans generally have high interest rates, and long term effects. Many graduates end up paying for loans decades after their commencement. To these unfortunates, retirement whitethorn have to be prolonged, and is still not assured to be stable, as well as payments on cars, houses, and other goods purchased. A call for action is essential among students to invest for the future. Many need the money that could be rewarded with a wise investment in the mutual fund market. There are many jobs today which require a college degree for consideration of employment. Some jobs require the skills obtained in earning a degree while others are attempting to weed out a proceeds of job seekers. This increase in the number of jobs demanding degrees is causing more people to continue their education to a higher level. The law of demand states other things be the same, the higher the price of a good, the smaller is the quantity demanded(Parkin, 69). The good in this case is the job, whereas the price is the education or what it is going to take... ...ture. Now we have keen secure students that have one less thing to worry about.Works Cited Carnes, W. Stansbury, and Stephen D. Slifer. The Atlas of Economic Indicators. peeled York HarperCollins Publishing, 1991.Dalton, Jo hn M. How the Stock Market Works. New York New York Institution of Finance, 1993.Gleick, James. Chaos Making a New Science. New York Penguin Group, 1987. Lynch, Peter. One Up on Wall Street. New York Penguin Group, 1989. Malkiel, Burton G. A Random Walk polish up Wall Street. New York W.W. Norton & Company, 1990.Parkin, Michael. Microeconomics. Reading, Massachusetts Addison-Wesley Publishing Company, 1996.Schwager, Jack D. The New Market Wizards. New York HarperCollins Publishing, 1992.Train, John. The Money Masters. New York Harper & Row, 1980.Train, John. The New Money Masters. New York HarperCollins Publishing, 1989.