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Student Loans Are Ruining Your Life. Now They’re Ruining the Economy: Over One Trillion in Debt
TIME ^ | 02/27/2014 | By Sam Frizell

Posted on 03/01/2014 6:51:40 PM PST by SeekAndFind

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1 posted on 03/01/2014 6:51:40 PM PST by SeekAndFind
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To: SeekAndFind

Prediction: a certain hack politician who is proud to have a pen and a phone will try to issue an executive order “forgiving” some or all of it.

Probably on the eve of a critical election.


2 posted on 03/01/2014 6:54:44 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: SeekAndFind

Let me guess, White House Santa is going to forgive them all?


3 posted on 03/01/2014 6:55:18 PM PST by 2ndDivisionVet (I will raise $2M for Sarah Palin's next run, what will you do?)
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To: SeekAndFind

4 posted on 03/01/2014 6:56:09 PM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: SeekAndFind

There are better ways to train the young for demanding and highly skilled careers than how we’re doing it.


5 posted on 03/01/2014 6:56:39 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Jonty30

The world needs ditch diggers, too.


6 posted on 03/01/2014 6:57:05 PM PST by dfwgator
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To: 2ndDivisionVet

Slavery is the name of the game.


7 posted on 03/01/2014 6:57:16 PM PST by Noumenon (Resistance. Restoration. Retribution.)
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To: dfwgator

8 posted on 03/01/2014 6:59:03 PM PST by EEGator
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To: SeekAndFind
I train field biologists, virtually all of whom are in their twenties.

They are ALL in debt due to college loans. ALL OF THEM!

It mortifies me. I have no words of advice to them. What can I say?

Obama's Amerikkka is absolutely ruinous.

9 posted on 03/01/2014 6:59:54 PM PST by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: SeekAndFind
he’ll face $400,000 in student loans

Did he not sign one of those truth in lending statements, where the principal and interest blare like clarions from a thousand trumpets atop the page? Four hundred grand? Chris, your last name is a clue.
10 posted on 03/01/2014 7:00:05 PM PST by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: dfwgator

Does the military spend $400,000, or more, per person to get transmit the highest level of skills to its workforce?

I doubt that, yet they seem to get some pretty impressive results.


11 posted on 03/01/2014 7:00:41 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: SeekAndFind

2 years in community college: $5,000
2 years at state university: $20,000

About the price of a brand new car.


12 posted on 03/01/2014 7:01:06 PM PST by icwhatudo (Low taxes and less spending in Sodom and Gomorrah is not my idea of a conservative victory)
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To: Jonty30

I’ve never thought of that before, but you are right: The military gets impressive results for far less money.


13 posted on 03/01/2014 7:02:11 PM PST by CodeToad (Keeping whites from talking about blacks is verbal segregation!)
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To: SeekAndFind

At least Dr. Rong chose a career path. And at least, for now, the government cannot put limits on what he gets paid. It’s far worse for the Womyn’s Queer Islamic Theory grads.


14 posted on 03/01/2014 7:03:32 PM PST by informavoracious (Open your eyes, people!)
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Support Free Republic.

Less than $4.2k to go!!
Git-R-Done!

15 posted on 03/01/2014 7:05:45 PM PST by RedMDer (May we always be happy and may our enemies always know it. - Sarah Palin, 10-18-2010)
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To: dfwgator
The world needs ditch diggers, too.

True, but we also need dentists and it shouldn't cost $400,000 to get a degree in dentistry. That's just ridiculous!

We're going to wind up importing a bunch of Filipino "dentists" on H-1B visas because we don't have enough of our own --because our own can't afford to go to dental school.

16 posted on 03/01/2014 7:06:20 PM PST by Drew68
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To: Sooth2222

I have five years before my child faces this monster. HOPEFULLY the whole maddening circus collapses before then.


17 posted on 03/01/2014 7:07:19 PM PST by catbertz
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To: Sooth2222

The reality is very different from your chart.

1. The cost of living is adjusted for quality.
2. The medical cost and college tuition is not.
3. The list price for medical and college is only about 50% of what most people pay out of pocket.

For example, at Harvard and Stanford, if your parents make less than 60,000 per year, you pay nothing except for travel. You don’t pay for books, tuition or room and board.

Furthermore, medical charges are generally based on a “sliding scale” that is incomprehensible to me but I usually pay about 40 times what a poor person pays.


18 posted on 03/01/2014 7:09:52 PM PST by staytrue
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To: CodeToad

My personal belief is that, with the proper support, you can probably learn as much or more just doing the job than you can in a formalized education system and that goes for nearly every single job out there.

That is not to say that you hire people for positions that they aren’t qualified to do, but start them at the bottom and let them prove themselves into higher skilled positions. This can be done for a fraction of how much it is costing us now.


19 posted on 03/01/2014 7:12:10 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: catbertz

Only saving grace for my kid is he finish his bachelors and masters in four years. And he already has a paid internship in his field.


20 posted on 03/01/2014 7:13:56 PM PST by EQAndyBuzz (Insurgent Conservative)
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