Why do college students need financial aid?
In today’s world, a college education is necessary in order to obtain a well paying job and move up the corporate ladder to secure a managerial position. The days when a simple high school diploma was enough for one to become an executive at a major corporation are long gone. Today, even most entry level jobs require applicants to have a college education. A college degree not only helps you develop a deep understanding of a particular field, but also gives you the opportunity to develop the technical expertise required to succeed in the workplace. However, due to the increasing cost of college tuitions, an increasing number of students are not able to obtain higher education. Research also indicates that over the next ten years, a shortage of college graduates could lead to a serious imbalance in the job market and adversely affect the economic condition of the country. What types of financial assistance are offered? In order to address this issue, the US government, in addition to a
