From my perspective, the issue of public concern that I am caring about is student loan debt. Comparing with Chinese, American has different concept in their mind. This concern is related to parents, students and tuition officers. First thing I want to mention is that when many children grow up and go to the college, many parents won’t pay for their tuition because they might think that their children have been able to earn their own living, even if they can afford to borrow money to go to college, they can still work to pay back the money while studying. However, it will cause high pressure in their children that they are unaware of the consequences. On one hand, the students will suffer the pressure in studying. One the other hand, if they have loan debt, the higher pressure will cause the negative attitude to them easily. Secondly, this will worsen the family relationship, because when the children are under so much pressure, if the parents can’t understand them, it is very easy to destroy the harmonious atmosphere of the family. What’s more is about the borrowing institution. As we know that borrowing money from the bank needs credit, they will predict can you repay the money in the future. If you can’t, the bank will not borrow money to you. For this reason, some students who want to go to college but can’t borrow money will do whatever it takes, maybe some of them will find a private lender, the fees and interest rates are very high. Therefore, student loan debt has high risk and stakes. In a word, student loan debt it’s not a good idea, unless it’s the case that need money very much just to borrow, don’t go to loan easily otherwise, the harm that it brings and consequence are very serious.
Timmy Liang 