Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: SeekAndFind

I have to wonder how many of these students worked, while going to school and doubling up on the jobs during the summer?

I doubt the ones, with really high debts, did much to minimize their debt situation.


8 posted on 09/14/2012 9:56:23 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Jonty30
I have to wonder how many of these students worked, while going to school and doubling up on the jobs during the summer?

I worked while in school and I still needed a loan.

Here's the trouble: when some students borrow money for school, that increases demand for education services. The institutions see the increased demand and raise prices. This price increase prices non-borrowers out of the market for an education. Those student then must get their own loans so that they can purchase the educations services they lost to other borrowers.

The "winners" of an education, then, are those that borrow the most money.

It's insidious. Of course those in the education industry love it. The students borrow that money and those in the education industry get to spend it.

13 posted on 09/14/2012 10:10:46 AM PDT by conservative sympathizer
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Jonty30

My daughter has worked 30 hours a week, the entire time she has been in college. She has payed all of her own expenses, still lives at home and will graduate at the end of this semester debt free.


34 posted on 09/14/2012 12:08:06 PM PDT by yuleeyahoo (Liberty is not collective, it is personal. All liberty is individual liberty. - Calvin Coolidge)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson