English Composition II task 2.1.docx English Composition II – C456 Task 2 Taking on the challenge of returning to school at 40 was a very tough decision. There were many things to take into consideration: time, which
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English Composition II task 2.1.docx English Composition II – C456 Task 2 Taking on the challenge of returning to school at 40 was a very tough decision. There were many things to take into consideration: time, which career to choose, and how to pay for it. The first two were easy enough but getting into debt was a very hard thing to consider. Taking the pros into consideration going back to school later in life and have a job that offers retirement, or own a home, student loan seems reasonable to allow for their income to increase so they can have a better retirement and bigger monthly income. Unlike the younger generation that could be negatively affected by their student loan debt when they are just starting to build for their future. Contrary to those that starting life as a young adult with a considerable amount of debt would be a scary proposition. Research suggests that student loans negatively affect a students financial future because of the debt acquired, economic prosperity and delayed retirement contributions. Something that affects, follows and stays with an individual is debt. Debt is collected and gets paid off throughout ones life. When starting out on your own, becoming independent with a significant amount of debt, student debt is becoming a huge concern. One of the concerns is the percentage of students that are taking out student loans. In 1983, L.M. Cornelius stated that approximately one-quarter of the students needed to take out student loans, and that percentage rose in 2008 by 41% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .
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