{"id":210614,"date":"2017-02-23T05:46:08","date_gmt":"2017-02-23T10:46:08","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/opinion-young-adults-need-an-easier-path-to-financial-independence-lsu-now.php"},"modified":"2017-02-23T05:46:08","modified_gmt":"2017-02-23T10:46:08","slug":"opinion-young-adults-need-an-easier-path-to-financial-independence-lsu-now","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/financial-independence\/opinion-young-adults-need-an-easier-path-to-financial-independence-lsu-now.php","title":{"rendered":"Opinion: Young adults need an easier path to financial independence &#8211; LSU Now"},"content":{"rendered":"<p><p>    If you graduated from a Louisiana university in 2012, you would    owe on average nearly $23,000 in student loan debt. Based on    national figures compiled by the Project on Student Debt, about    70 percent of 2012s U.S. graduates had an average student loan    debt of $29,400.  <\/p>\n<p>    According to the Child Welfare League of America, 10,119 minors    were victims of abuse or neglect in Louisiana in 2013. Of these    children, 87.2 percent were neglected, 18.8 percent were    physically abused and 6.9 percent were sexually abused.  <\/p>\n<p>    Many people rely on their parents for financial support    throughout college, and if you are one of the many young adults    in America who have experienced parental abuse or neglect, you    know how painful financial dependence can be. You also know    just how hard it is for an abused or neglected 18-year-old to    break away from that dependence.  <\/p>\n<p>    When you turn 18, you reach the age of majority and are no    longer required to live as a minor under parental control.    However, when it comes to applying for federal financial aid,    you are not considered fully independent until the age of 24.    Students are automatically considered dependents unless they    fight and prove they are completely independent from their    parents.  <\/p>\n<p>    To declare yourself as an independent on the FAFSA, you must    file a Dependency Review Form and provide documentation    explaining your situation.Your case is then reviewed by a    committee or financial aid office at your college. Most    students will not qualify for a change in status because the    circumstances need to be extreme, such as provable abandonment    or abuse, to be considered for independent status.  <\/p>\n<p>    Proving independent status is an arduous task, requiring    police and medical reports showing abuse or evidence that    parents are dead, in jail or in rehab as well as letters from    teachers and friends parents who can corroborate your story,    said freelance writer Samantha Stainburn in her article for The    New York Times.  <\/p>\n<p>    If you spent your entire adolescent life aching for the day you    get to leave your parents house without looking back, the FAFSA    helps ruin your light at the end of the tunnel. Many abused and    neglected minors do not have the paperwork to prove their    situation, so the inability for many students to become legally    independent at 18 helps continue a cycle of extensive and    unending mistreatment.  <\/p>\n<p>    If you are 16 or 17 and wish to be emancipated in Louisiana,    you must obtain parental approval, get married with parental    approval or go through a lengthy court process. If you go    through the court, you must file an affidavit, statements    proving independence, verification of employment and another    affidavit from either your parents or other close adult who    believes emancipation would be in your best interest. You will    be charged a fee ranging from $150 to $200, and you will then    have to attend a preliminary hearing and a final court hearing,    in which a judge will determine whether or not you are suited    for emancipation.  <\/p>\n<p>    Becoming emancipated will take months, and it could take even    longer if you or your parents disagree with the ruling. If you    are emancipated and your parents do not approve, they can    appeal the court and lengthen the process even more.  <\/p>\n<p>    If you are someone who becomes emancipated, it is harder for    you to make a successful life for yourself. It will be hard to    begin college because you will have to support yourself before    you even graduate high school, and you may get so wrapped up in    paying your bills that you find you cannot fit higher education    into your life at all.  <\/p>\n<p>    Young adults need to be able to live on their own without    having to fight the system just to survive.  <\/p>\n<p>    If our young people are doing well, then our country is doing    well. It is time to invest in our youth and let them know that,    no matter where they come from, they have the ability to stand    on their own and become whatever they want to be.  <\/p>\n<p>    Lynne Bunch is an 18-year-old mass communication freshman    from Terrytown, Louisiana.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read this article: <\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.lsunow.com\/daily\/opinion-young-adults-need-an-easier-path-to-financial-independence\/article_2c4afda4-f7de-11e6-874f-73d46f39e238.html\" title=\"Opinion: Young adults need an easier path to financial independence - LSU Now\">Opinion: Young adults need an easier path to financial independence - LSU Now<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> If you graduated from a Louisiana university in 2012, you would owe on average nearly $23,000 in student loan debt. Based on national figures compiled by the Project on Student Debt, about 70 percent of 2012s U.S. graduates had an average student loan debt of $29,400 <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/financial-independence\/opinion-young-adults-need-an-easier-path-to-financial-independence-lsu-now.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[431663],"tags":[],"class_list":["post-210614","post","type-post","status-publish","format-standard","hentry","category-financial-independence"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/210614"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=210614"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/210614\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=210614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=210614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=210614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}