Reasons For Why Student Dropout - 1257 Words

Nikkita swain English October 29, 2015 Before going off to college one thing that really worried me was my financial aid. I live in a small town and all the students I’ve seen that dropped out said how their financial aid didn’t cover their college expenses. I love where I am from but I refuse to go back to Plymouth because my financial aid wouldn’t cover everything. Some reasons and assumptions to why student dropouts are: school isn’t for everybody, the work is too hard or they couldn’t balance out partying and school work. Although there are many explanations as to why students dropout; financial aid issues is the biggest reason to why college students dropout. The cost of school is a main factor that plays in the†¦show more content†¦Many students find it hard to strike the work/life/school balance in a time when job competition is high, housing costs are skyrocketing and school is no longer the only factor to getting a decent job.† (Mara Tyler, Demand Media). A career isn’t grantee to people so why do we pay so much? Now what is financial aid? Financial aid is any grant or scholarship, loan or paid employment of federal to help a student meet his/her college expenses. Many athletic students come on a scholarship which makes it easier for them but also have rules to follow to keep the scholarship.( NYSFAAAdocswhat_is_finaid). On the other hand students that don’t have scholarships end up paying out of pocket or taking out several loans. Taking out too many loans can result in bankruptcy after completing college if you don’t have a job. So instead of taking out many loans students choose to dropout or wait to go back and attend. Students also have parents that are put through money issues too. For as central offers parent loans that you can either accept or deny. I accepted the parent loan because I didn’t have the money at the time so it was a big help for me, but in the back of m y head I knew it had to be paid back. Here are some pros and cons to taking out loans say. the pros would be â€Å" Simplicity: Consolidating your student loans can make dealing with them a little less unwieldy, with just one or two monthly payments and one or two accounts to keep track of.