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Student loans

f. Equipment such as microscopes, computers, and lab supplies will not be updated and replaced as quickly as well. College sports programs maybe one of the first to be cancelled because given such tight budget educators will want to put their funds toward academics. Finally, the economy as a whole will suffer. In toadays work field businesses usually search for well-educated individuals to add to their successful team. As student enrollment drops there are less educated students that graduate. This makes it difficult for businesses to find individuals with the right knowledge, training, and skills for open positions. When a business is understaffed, they have a difficult time in keeping up with the speed of technology. For example, a company that deals with business marketing would be more than happy to hire an individual who took classes in advertising, economics, banking, and statistics. If an applicant is not educated in this type of field but has little to some experience, businesses are likely to turn them away and wait for someone who is qualified for the position. Individuals who are not properly educated do have other options in today’s work field, but a majority of those jobs will be minimum wage or close to minimum wage. In conclusion, the federal government should reconsider cutting-back student loans. These loans provide many individuals whom are financially challenged an opportunity to change their lives for the better. Colleges that have large enrollment are financially capable in expanding their curriculums and offering its students the latest equipment. With nothing but the best, students will be prepared for the future that lies ahead of them. ...

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