Title: The Effects of High Tuition Cost | The Classroom
Headings: The Effects of High Tuition Cost
The Effects of High Tuition Cost
The Price Tag
The Social Impact
The Mental Impact
A Lasting Impact

Content: In fact, three out of four graduates cited that their student loan debt impacted their ability to purchase a home, according to a survey conducted by American Student Assistance (ASA). Six out of ten respondents in the survey said that their debt affected their ability to make large purchases and more than seven in ten stated that their debt forced them to delay retirements and other investments. Nearly half (47 percent) stated that their debt impacted their ability to start a business and more than four in ten affirmed that their debt delayed their decision to start a family. The Mental Impact
Dealing with the high costs of tuition and student debt can impact the mental health of college students and graduates. For instance, student loans have been found to be associated with poorer psychological functioning and increased stress among borrowers. A study published in Social Science & Medicine revealed that increased stress levels and perceptions of poorer/depleted health can arise when student loan debt accumulates. In addition, the study found that student loans were significantly inversely associated with better mental functioning. Overall, student loan debt can be a major force behind financial strain and emotional stress. A Lasting Impact
Higher tuition costs (leading to larger student debt) can have a lasting impact on borrowers. Not only can they be damaging to graduates wishing to buy a home or start a business, they can also increase stress levels and financial strain.