I see so many businesses requiring degrees. I'm not sure how else they expect their potential candidates to pay for the OUTRAGEOUS prices charged by these overpaid insitutions. I could see 30k or 40k over 4-6 years being worked off, but 100k? It's ridiculous. These insitutions of higher learning should be forced to pay it back.
At the same time, I can't blame anyone who's not impressed with someone's six figure school loan debt, I know I'm not. A few members in my family are in this exact situation and they continue to borrow more. It's insane.
Not saying to pay their entire way through, but at least enough to pay for maybe books or other expenses instead of just having a free ride, to party all the time.
I do understand that young people have kind of been bamboozled by Big Education and growing up thinking EVERYONE goes to college. Well, welcome to reality—it can be harsh. Not everyone should go to college. I'd say half at state unis should be learning a trade. Oh, but their poor widdle self esteem! Seems they were raised by the idiots in the schools that gave everybody a trophy for “participating” and never got a big fat F on their crappy book report because...why, that would damage widdle precious.
I can't tell you how many people I know with a CHILD of 25 living in the basement, asking for $$$ to go out and being absoutely livid when Mammy and Pappy tell them to at least go get a job at Target while waiting for that $85,000 per year position—with massive benefits...the one they got trained for with that fab Gender Studies degree: Diversity Coordinator for a crappy Big Education college.
I heard a guy on a touchy-feely NPR financial program call in and say he had...drum roll....$450,000 in student loans. I kid you not. It made my jaw drop. He had quite the attitude...explaining how he was going to be quite the surgeon in a JUST A FEW MORE YEARS. AND this dope had 2 kids and a wife...seems like the wife is a tad worried and wants him to knock of the additional medical school specialty and GET A JOB. I just don't understand the lack of living in reality lately.