For a long time education has been a part of everyone's life.

From a young age we were

taught that school was a necessity, starting from our first years in elementary, to eventually

college. Colleges would use to run with a low intuition which was great, but as time progressed

there have been complications throughout its development with students and it’s mental health,

and the economic impact that it has on it's students. Even so these problems can not be brushed

under the rug, in doing so adds more to the problem of how schools affect students. With a big

part of how education plays a role in today's society, with how most jobs require you to at least

attend college or even a college degree to get a decent job nowadays. Not only this but also the

influx of intuition-cost and the students financial status in college. Another thing that the

education system overlooks is how familiar income can affect the students during school and

their preparation for it.

College debt is something that every person knows about at some point, college debt also

has an effect on it's student well being. A study conducted by Journal of Further and Higher

Education, explains that, in a sample of 3 separate years of students, using a measuring system

to figure out how students are being mentaly affected is called the GP-CORE (Cooke et al.,

2004). Students that exhibit high GP-CORE have a problem with their mental integrity when it

comes to the student debt (Cooke et al., 2004). An example will be in the journal where students

with “High debt worry students felt more tense, anxious, or nervous, more criticised by other

people, more unhappy, and more irritable with other people'' (Cooke et al.,2004). This coincides

with the idea that students are focused with their student and or college debt, and how it can

affect them not just emotionally but also physically, prohibiting them to sometimes act

irrationally. Some people may make a counter argument with the relevance that this journal has
to the focus of the subject. Not only does this journal talk about the main claim that college

students are worried about their debt and does not stray away from that idea, but also provides

data and information about the students mental health. Sure the information is out of date, but it

adds validity to it since every year that passes the more it costs to go to college making this

worthwhile and more reliable. Not to mention student debt continues to rise as well as the

intuition for colleges. As expressed by the journal by Richard Cooke, the students have suffered

mentaly because of their financial stress they have accumulated with their intuition cost.

A student's financial status also plays a big role in the student's mental and physical

health. It can affect how much they are able to pay back to the colleges and or loan companies. A

study called ‘College Students and Financial Distress: Exploring Debt, Financial Satisfaction,

and Financial Anxiety’ conducted by the government, this research is about conducting a review

of existing examination on debt and mental health of college students suggested there should

more focus on studying the financial and psychological well being of college students (Archuleta

et al., 2013). Most students do not have the luxury of having an entire fortune in their hands

which means that they can not keep spending tons of money to get a higher education. For

example, an excerpt from the article “, the cost of pursuing higher education continues to outpace

inflation, with the 2011-2012 published total cost of tuition, fees, and room and board averaging

$17,131 for an in-state public institution and $28,500 for private colleges and universities.”

( Archuleta et al., 2013). This is very eye opening when you think that the cost of college is only

going to increase over the years, and colleges are going to be charging insane rates later in the

year as these costs continue to rise. Not only this but the study also suggests that the seniors who

graduate college have about $25,000 in debt after they are done with college (Arculeta et al.,
2013). In fact, this brings us back to the idea that not many students are not financially stable. An

example, from the article explains that in studying “students from mid- and low-resource schools

had deep concerns about borrowing to pay for school, seeing school loans as debt rather than an

investment in future earnings” (Archuleta et al., 2013). This is relevant because there are still

some and many students who graduate and pay off their loans later in life, once securing a job.

Families that have a low income can affect the performance of the students at schools.

This shows How even people below college can be affected by economics and low income. The

article by the US National Library of Medicine shows that “Children from low-income families

often start school already behind their peers who come from more affluent families, as shown in

measures of school readiness.”(Ferguson et al., 2007). Not only this but also the environment

where they live. Not only does it make their readiness suffer but also their preparation for school.

An example of “one of every six children still lived in poverty. In addition, not only have we

been unsuccessful at eradicating child poverty, but over the past decade, the inequity of family

incomes in Canada has grown” ( Ferguson et al., 2007). The opposite goes for those in families

with high income. In fact, the kids in these families are shown to be doing much better and more

productive and prepared, also their reading skills are much better than those of their peers in low

to middle income families. Those in lower income families are more likely to leave highschool.

In the article it goes into how many students might drop out of school, “one of every six children

still lived in poverty (Ferguson et al., 2007). Not only have we been unsuccessful at eradicating

child poverty, but over the past decade, the inequity of family incomes in Canada has grown”

(Ferguson et al., 2007).

 So in the end we should spend more time looking into the education system and taking

time to study it and show it more attention to better fix it. College debt is something that every

person knows about at some point and people are taking small steps and should be more focussed

on fixing the way it works. College debt has an effect on it's student well being and should be

taken to a sourios manor. Even so, these problems can not be brushed under the rug and

overlooked. In doing so this will affect the students for good because they will no longer suffer

and will benefit them. With a big part of how education plays a big part in today's society, This is

very eye opening and when you think that the cost of college is only going to increase over the

years and hopefully they will decrease so that people will have access to higher education. The

kids in these families are shown to be doing much better and more productive and prepared, with

better education the bridge between the two halves of higher and lower education so that

everyone may have easy access to this education without worry. Not only this but also the influx

of intuition-cost and the students financial status in college.Their will be a reform with how the

education system works so that it may be more efficient and beneficial as possible.

References

Archuleta, Kristy, et al. “College Students and Financial Distress: Exploring Debt,

Financial Satisfaction, and Financial Anxiety .” College Students and Financial Distress:

Exploring Debt, Financial Satisfaction, and Financial Anxiety, Journal of Financial

Counseling and Planning, 2013, files.eric.ed.gov/fulltext/EJ1043230.pdf.

 Dynarski, Mark. “Using Research to Improve Education under the Every Student Succeeds

Act.” Brookings, Brookings, 29 July 2016, www.brookings.edu/research/using-research-to-

improve-education-under-the-every-student-succeeds-act/.

Cooke, Richard, et al. “Student Debt and Its Relation to Student Mental Health.” ResearchGate,

Journal of Further and Higher Education, 24 Feb. 2006,

www.researchgate.net/publication/248979402_Student_Debt_and_Its_Relation_to_Student_Men

tal_Health.

Ferguson, Hb, et al. “The Impact of Poverty on Educational Outcomes for Children.”

Paediatrics & Child Health, Pulsus Group Inc, Oct. 2007,

www.ncbi.nlm.nih.gov/pmc/articles/PMC2528798/.