Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Student Loan Debt: Who Are the 1%? (Those with the most debt have graduate degrees)
New York Times ^ | 12/03/2011 | Judith Scott-Clayton

Posted on 12/03/2011 8:50:46 AM PST by SeekAndFind

A continuing refrain of Occupy Wall Street protesters has been “student debt is too damn high,” as James Surowiecki wrote in The New Yorker. In some cases — like for the college graduate profiled in a recent article in the Chronicle of Higher Education who has $100,000 in debt and uncertain job prospects — this is unarguably true. But such cases make for dramatic reading precisely because they are so rare.

The first thing to note is that most of those with that much debt have graduate degrees; it is difficult to accumulate that much debt in an undergraduate program. The chart below shows the percentage of beginning undergraduate students who, six years later, had accumulated more than the indicated levels of debt.

Only one-tenth of 1 percent of college entrants, and only three-tenths of 1 percent of bachelor’s degree recipients, accumulate more than $100,000 in undergraduate student debt. If you have more than $75,000 in undergraduate debt, you are the 1 percent – just not the 1 percent you might have been hoping for.

(Excerpt) Read more at economix.blogs.nytimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: debt; mastersdegrees; mastersoftheirdomain; phds; professionalstudents; studentloan

1 posted on 12/03/2011 8:50:51 AM PST by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

Speaking as a grad student myself (though fortunately not with anywhere near 100K in debt), in my experience these massive debts are often the result of being unable or unwilling to budget and to live below one’s means. Many of my colleagues insist on eating out several times a week, shopping at the politically correct trendy grocery stores, paying higher rents to live farther from campus, and maintaining a balance on two or more credit cards. That just isn’t a feasible lifestyle at $15K/year. So it’s no wonder that such folks are attracted to the OWS filth— I’ve seen more than one colleague whine on Facebook that all student loans should be forgiven— as both groups are profoundly economically ignorant.


2 posted on 12/03/2011 8:56:08 AM PST by sthguard (The DNC theme song: "All You Need is Guv")
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

They did a good job indoctrinating these kids. They all complain that their college education costs too much, and that their degrees are worthless in the job market, but none of them seem to think their professors are overpaid for what they’re teaching.


3 posted on 12/03/2011 8:56:46 AM PST by tacticalogic
[ Post Reply | Private Reply | To 1 | View Replies]

To: sthguard

I love this story. Guy quits a teaching job to go get his Master’s in Puppetry and goes $35k in debt.

http://www.thenation.com/article/164348/audacity-occupy-wall-street


4 posted on 12/03/2011 8:59:03 AM PST by Mean Daddy
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind
Student debt would be seen as a much more manageable problem is there were well-paying jobs available. Given a good salary, you can pay off your debt.

But the jobs went away didn't they? And wages have been pretty stagnant for decades. And inflation makes dollars worth less every year.

The student debt isn't really the heart of the matter. The real problem is that government involvement has crippled our economy. One wage earner supporting a family with a middle class lifestyle? That disappearred about 40 years ago. Thanks Nanny State.

5 posted on 12/03/2011 8:59:34 AM PST by ClearCase_guy (Roll the stone away, Let the guilty pay, It's Independence Day)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sthguard

Yep. I dithered around in an anthropology Ph.D. program for several years before I finally admitted that I had no real interest in glorifying Third World culture. Meanwhile, I was a dingbat with a Visa. Now I have $80,000 to pay back. Unlike OWS, though, I know it’s my fault and I have to pay it back. And I have to face it: it was a fun decade, ambling around the lazy halls of academia. When I feel grumpy about paying it back I just remind myself: most people work hard all their lives and then retire. I just did it the other way around...


6 posted on 12/03/2011 9:00:41 AM PST by A_perfect_lady (Islam is as Islam does.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

Many of those with graduate degrees are just prolonging their entry into the real world.

Looking back on my career, the professors who discouraged me from going to grad school were probably the most influential of my life. For most people, graduate school is an economic dead end. They learn more and more about less and less until they know everything about nothing.

Specialization is for insects. I’d strongly recommend that young people get out into the world and start the real learning.


7 posted on 12/03/2011 9:05:52 AM PST by NVDave
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Many of those with graduate degrees are just prolonging their entry into the real world.

Looking back on my career, the professors who discouraged me from going to grad school were probably the most influential of my life. For most people, graduate school is an economic dead end. They learn more and more about less and less until they know everything about nothing.

Specialization is for insects. I’d strongly recommend that young people get out into the world and start the real learning.


8 posted on 12/03/2011 9:06:00 AM PST by NVDave
[ Post Reply | Private Reply | To 1 | View Replies]

To: tacticalogic
Precisely!!! The worst exploiters in our nation (education/green energy/the welfare state/etc) have the best public relations.

I'm far less concerned about those we dislike than those we like.

9 posted on 12/03/2011 9:07:42 AM PST by Red Dog #1
[ Post Reply | Private Reply | To 3 | View Replies]

To: sthguard

Don’t forget the people who want to go out of state to an expensive school for its prestige. Many in state schools aren’t too expensive.


10 posted on 12/03/2011 9:11:17 AM PST by EEGator
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind; metmom; wintertime

There are too many required electives. One move that would help both students and employers (who require those expensive degrees for prospective employees) would be to limit the degree requirements to only the core cources.


11 posted on 12/03/2011 9:11:26 AM PST by Clintonfatigued (Illegal aliens collect welfare checks that Americans won't collect)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Clintonfatigued

That would make too much sense


12 posted on 12/03/2011 9:13:49 AM PST by al baby (Is that old windbag still on the air ?)
[ Post Reply | Private Reply | To 11 | View Replies]

To: NVDave
Specialization is for insects. I’d strongly recommend that young people get out into the world and start the real learning.

It puts you in a tenuous position. When the chickens come home to roost and the economy collapses, having a degree in Progressive Multicultural Enviromental Studies will be worth considerably less than simply being able to say "I know how to fix a generator."

13 posted on 12/03/2011 9:21:13 AM PST by tacticalogic
[ Post Reply | Private Reply | To 7 | View Replies]

To: tacticalogic

When all else fails become a community organizer. You never know where it may lead you to.


14 posted on 12/03/2011 9:26:19 AM PST by Steelfish (ui)
[ Post Reply | Private Reply | To 3 | View Replies]

To: tacticalogic

If your grad degree is in science and engineering, very likely you’ll be able to get someone (research grant from a professor) to pay your tuition for you.


15 posted on 12/03/2011 9:28:51 AM PST by thecodont
[ Post Reply | Private Reply | To 13 | View Replies]

To: Steelfish
When all else fails become a community organizer. You never know where it may lead you to.

From what I've seen of community organizers, I've got a pretty good idea and I decided a long time ago I don't want to go there.

16 posted on 12/03/2011 9:29:47 AM PST by tacticalogic
[ Post Reply | Private Reply | To 14 | View Replies]

To: NVDave
Looking back on my career, the professors who discouraged me from going to grad school were probably the most influential of my life. For most people, graduate school is an economic dead end. They learn more and more about less and less until they know everything about nothing.

With the increasing viabiliy of online learning, and the increasing number of accredited universities that offer online graduate courses, it's increasingly the better idea to go to work, and let the company pay for your master's degree as you work on it part-time.

17 posted on 12/03/2011 9:30:20 AM PST by PapaBear3625 (During times of universal deceit, telling the truth becomes a revolutionary act.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: tacticalogic

Pride goeth before a fall and the decision to stay in school and not make a living.


18 posted on 12/03/2011 9:31:31 AM PST by x_plus_one (Obama: Brainwashing the masses to believe that racism is a greater danger than radical Islam)
[ Post Reply | Private Reply | To 3 | View Replies]

To: tacticalogic

Oh no, I wasn’t suggesting you. I mean the OWS crowd with student debt.


19 posted on 12/03/2011 9:32:03 AM PST by Steelfish (ui)
[ Post Reply | Private Reply | To 16 | View Replies]

To: thecodont
If your grad degree is in science and engineering, very likely you’ll be able to get someone (research grant from a professor) to pay your tuition for you.

That's probably true. I think you'd be hard pressed to have found anyone with a science or engineering degree among the occupiers of Zuccotti Park.

20 posted on 12/03/2011 9:33:46 AM PST by tacticalogic
[ Post Reply | Private Reply | To 15 | View Replies]

To: SeekAndFind

I love the excerpt’s last line. Who knew the Times had a sense of humor?


21 posted on 12/03/2011 9:37:18 AM PST by xkaydet65 (IACTA ALEA EST!!!')
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
Switch incentives.

Have colleges make student loans - and be paid back with a percentage of what the student makes in the first 20 years after graduating. The 'basket weaver' major pays back almost nothing for a worthless degree... The enginering student pays back much more...

The result would be colleges taking an interest in their students well being rather than running the school for the glorification of puffed up liberal professors.

22 posted on 12/03/2011 9:39:18 AM PST by GOPJ (Better is a dinner of herbs where love is, Than a fatted calf with hatred - Proverbs 15)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ClearCase_guy

>>One wage earner supporting a family with a middle class lifestyle? That disappearred about 40 years ago. Thanks Nanny State.<<

I have no problem with it — my wife has never had to work a day in almost 20 years (and my ex-wife the same).

Maybe you chose your profession or avocation badly. We are importing H-1Bs left and right for engineering and IT jobs left and right. And NOT because of the lower wages they theoretically get. It is because we don’t have Americans with the right skill set(s). Just for the heck of it, I did a job search for my skill set (IT management for large ERP implementations) and came up with hundreds of possible jobs in about 5 minutes.

And I had some student debt which I paid off as promised. It isn’t the same as people today spending $200K for Graduate degrees in Ethnic Womyn’s Studies (I am not accusing you of that).

But if you do succeed in getting the Nanny State to pay off your student debts, remember to make it retroactive to the mid-1970s.

ps: The Gummint doesn’t CREATE jobs. It just interferes with job creation, Gen X and Millenials voted barry the zero in, they can live with the results.


23 posted on 12/03/2011 9:39:41 AM PST by freedumb2003 (Herman Cain 2012 -- the man we need at the time we need him)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Steelfish
Oh no, I wasn’t suggesting you. I mean the OWS crowd with student debt.

Listening to them, I kind of got the feeling they all considered themselves "community organizers". Somehow the significance of their "community" being about as organized as your average "junk drawer" at the bottom of the kitchen cabinet never registered.

24 posted on 12/03/2011 9:42:00 AM PST by tacticalogic
[ Post Reply | Private Reply | To 19 | View Replies]

To: tacticalogic; Mean Daddy; ClearCase_guy; A_perfect_lady
Switch incentives.

Have colleges make the student loans - and be paid back with a percentage of what the student makes in the first 20 years after graduating. The 'basket weaver' major pays back almost nothing for a worthless degree... The engineering student pays back much more...

The result would be colleges taking an interest in their students well being rather than running the school for the glorification of puffed up liberal professors.

25 posted on 12/03/2011 9:42:28 AM PST by GOPJ (Better is a dinner of herbs where love is, Than a fatted calf with hatred - Proverbs 15)
[ Post Reply | Private Reply | To 3 | View Replies]

To: GOPJ
The result would be colleges taking an interest in their students well being rather than running the school for the glorification of puffed up liberal professors.

Maybe. I'd be afraid the result might be the Democrats in Congress creating a Department of Basket Weaving so they could hire them and keep their liberal professor friends puffed up.

26 posted on 12/03/2011 9:48:58 AM PST by tacticalogic
[ Post Reply | Private Reply | To 25 | View Replies]

To: A_perfect_lady
When I feel grumpy about paying it back I just remind myself: most people work hard all their lives and then retire. I just did it the other way around...

LOL! A wonderful summary!

27 posted on 12/03/2011 10:08:59 AM PST by livius
[ Post Reply | Private Reply | To 6 | View Replies]

To: ClearCase_guy
You raise some good points, but I have to disagree with you on some of those key items. While the loss of jobs in this country is ccertainly a problem, I don't see a real connection between that trend and this OWS movement. The most troublesome aspect of our nation's employment situation is the loss of jobs for skilled labor in trades and technical capacities where some brains, a strong work ethic, and the right kind of training are the most important assets for a worker. I don't think the people who leave college with $100,000 in student debt fit this description.

My perception of the OWS crowd is that there are a lot of well-spoken (and by this I mean they have a good command of the English language) people among them who are overly "educated" in a formal sense (which explains the $100,000 in student debt) but very lacking in real-life skills. I suspect a lot of these folks have expensive undergraduate educations in fields that simply don't offer much in terms of lucrative employment, and many may have graduate degrees in professional fields where there is a huge imbalance between the enormous supply of workers relative to the number of jobs available in those fields. I'll use finance and law as two possible examples of this -- both of which involve inflated employment figures over the last few decades that were largely fabricated by unsustainable excesses in both fields.

I don't get the impression that there are too many unemployed auto mechanics or medical doctors among those OWS crowds.

28 posted on 12/03/2011 10:20:56 AM PST by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
[ Post Reply | Private Reply | To 5 | View Replies]

To: SeekAndFind

The history of the student loan program is that it quickly got into trouble after its inception because students were defaulting on their debts by taking bankruptcy.

Congress got ahead of that ploy by students by passing legislation, later backed up by the courts, that virtually ended any forgiveness of loans for almost any reason.

Colleges are the pushers. They get their money from the government and never counsel the students that maybe their major won’t be able to provide them with enough money to pay the loan back.

And private lenders like Sallie Mae loved the government guaranteed program because it turned the students into virtual wage slaves until the loan was paid off as the ex=student had no way out. It was very profitable for the loan companies.

Now that the government has taken the program away from private companies, the participants can look forward to sequestration by government until the loan is paid off. They are now wage slaves of the Federal government.

Oh, wait a minute. They may get their loan forgiven if they teach —and join a government employee union. They’ll soon realize where their interests lie and vote that way.


29 posted on 12/03/2011 10:21:15 AM PST by wildbill (You're just jealous because the Voices talk only to me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Clintonfatigued

About twenty years ago...my brother transferred from a community college over to the state university. He figured he’d have to put up around twenty classes over two years, and that they’d accept everything from the state community college. In the end, it was twenty-three classes that they required, and they pulled this one odd-ball business class out....for an electrical engineering class. There was basically nothing that he learned from this business class, and he challenged the counselor to explain the necessity...with the only response as “mandated”.

I suspect that the colleges are geared toward making cash in the end...no matter what kind of degree you want.


30 posted on 12/03/2011 10:28:24 AM PST by pepsionice
[ Post Reply | Private Reply | To 11 | View Replies]

To: NVDave
They learn more and more about less and less

There's a great book titled "Under the Red Sea Sun" by salvage officer Cmdr. Edward Ellsberg. The Red Sea book told of his typically-innovative American approach to a wrecked Italian naval base in Eritrea in 1943. One of his many "impossible" projects was to raise a huge floating dry dock which had seven of eight compartments blown out and an unexploded bomb in the eighth. All the other salvage experts said it was either impossible or would take 50 divers and 200 mechanics six-months to raise, with no guarantee even that would work.

He did it in nine days, with a few American supervisors and some Italian POWS.

Alluding to your comment, he said "The trouble with 'experts' is that they know so much about how to do something a certain way that they cannot see any other method."

31 posted on 12/03/2011 10:29:04 AM PST by Oatka (This is the USA, assimilate or evaporate.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: ClearCase_guy

What you say is spot on, but in addition the Government has put student loans in a special category that cannot be easily discharged by hardship.

If the lenders had to take into account the degrees they were lending money for and the ability of the borrower to complete the degree. A lot of this foolishness would stop.

Right now the lenders have almost no risk and are encouraged to lend as much as possible. (no skin in the game)

If the student defaults they can often triple the amount owed through penalties.

Their are documented cases of former students committing suicide or fleeing the country to escape this debt.

To me it makes no sense to acquire much student loan debt unless your in a field like Engineering, Medicine, etc. and even then the debt should not exceed much more than 1/2 of what you could expect to be making 5 years into your career. (Ex: if you expect to be making 100K 5 years into your career, 50K in student loan debt).


32 posted on 12/03/2011 10:43:31 AM PST by desertfreedom765
[ Post Reply | Private Reply | To 5 | View Replies]

To: SeekAndFind

Tucked into this article is discussion of another redistributionist scheme that I didn’t know of—that the interest on regular student loans is used to pay for Pell grants.


33 posted on 12/03/2011 10:58:42 AM PST by jaybee
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
The proud owners of worthless instant unemployment basic and advanced degrees like the one shown below will never grow up. Most of their parents hate America and passed that behavioral/trait to their worthless spawn.


34 posted on 12/03/2011 11:05:10 AM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Grampa Dave
Good afternoon.

Please tell me that that sign is photo-shopped. If it isn't, then the school were this idiot got her degree should be charged with fraud, among other crimes.

5.56mm

35 posted on 12/03/2011 11:14:21 AM PST by M Kehoe
[ Post Reply | Private Reply | To 34 | View Replies]

To: SeekAndFind
$100,000 in debt and uncertain job prospects

Any one dumb enough to plunk down 100 thousand on something that won't pay a return is too stupid to hold a job; ever.

36 posted on 12/03/2011 11:22:52 AM PST by Lion Den Dan
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mean Daddy

My wife’s job has brought her in contact with couple a few years younger than us, who made a living with puppets.

One of their sons decided to follow his parents, but he got a bs in entertainment and a masters in something just as phoney.

He owes big time for his student loans and has taken over his parents puppet business, which he could have had for at least $100,000 less than his student loans. If he had just taken a couple of accounting courses at the local community college and learned from his parents about how make money for puppets, he would be a lot happier.


37 posted on 12/03/2011 11:38:40 AM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: M Kehoe

I don’t know if it was photo shopped or based on reality.

We know so many unhappy young people 25-49, most sitll living with their parents with worthless instant unemployment degrees and in big debt for those worthless degrees.


38 posted on 12/03/2011 11:43:19 AM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
[ Post Reply | Private Reply | To 35 | View Replies]

To: freedumb2003

Gen X’ers voted Reagan in. Your beef is with the Millennials.

Most Gen X’ers were not taken in by Barry’s “shuckin’ and jivin’”. Unfortunately, it looks like the Republicans may just snatch defeat from the jaws of victory.


39 posted on 12/03/2011 11:54:38 AM PST by 3Fingas (Sons and Daughters of Freedom, Committee of Correspondence)
[ Post Reply | Private Reply | To 23 | View Replies]

To: A_perfect_lady

“Yep. I dithered around in an anthropology Ph.D. program for several years before I finally admitted that I had no real interest in glorifying Third World culture.”

Your reply brough a smile to my face and a grimace, not because of you but because we know of someone with a PHd in some worthless SE Asia anthropology.

He was a smart but lazy young man between the ages of our two sons. We knew his parents, hard working blue collar people.

They helped to finance that degree and of course he took student loans.

One day our sons and we had a discussion about him when he was working on his masters. I asked what was he going to do with a masters in a worthless degree.

Our cynic son, said watch him get his masters and then go for his PHd. I asked what would he do with his PHd?

Both sons said become a professor at the same college or another and get paid to teach the same worthless bs.

He got his PHd and is a tenured professor at the college where he got his BA and MS. His parents are still working to pay off his worthless education. Of course he has a salary which is more than those who have studied under him.


40 posted on 12/03/2011 12:00:08 PM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: GOPJ

Your suggestion below is an excellent one, and it would start to eliminate a big problem re student loans and growing college costs in 10 years and probably turn our colleges/universities around in 20 years.”

“Have colleges make student loans - and be paid back with a percentage of what the student makes in the first 20 years after graduating. The ‘basket weaver’ major pays back almost nothing for a worthless degree... The enginering student pays back much more...

The result would be colleges taking an interest in their students well being rather than running the school for the glorification of puffed up liberal professors.”


41 posted on 12/03/2011 12:04:11 PM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
[ Post Reply | Private Reply | To 22 | View Replies]

To: GOPJ

Your suggestion below is an excellent one, and it would start to eliminate a big problem re student loans and growing college costs in 10 years and probably turn our colleges/universities around in 20 years.”

“Have colleges make student loans - and be paid back with a percentage of what the student makes in the first 20 years after graduating. The ‘basket weaver’ major pays back almost nothing for a worthless degree... The enginering student pays back much more...

The result would be colleges taking an interest in their students well being rather than running the school for the glorification of puffed up liberal professors.”


42 posted on 12/03/2011 12:05:54 PM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
[ Post Reply | Private Reply | To 22 | View Replies]

To: Grampa Dave

Wait-a-minute... his PARENTS are paying off his loan? He’s a tenured professor and his PARENTS are paying off his loan??? Oh, man, spare-rod-spoil-child-chickens-home-roost-reap-sow bump!! Sad, sad, sad. But they should have weaned him a little earlier, eh?


43 posted on 12/03/2011 12:46:40 PM PST by A_perfect_lady (Islam is as Islam does.)
[ Post Reply | Private Reply | To 40 | View Replies]

To: Clintonfatigued

I fully agree; too many colleges and universities have so many other additional courses that just distract the students and then end up (if you can believe it) just being more bureaucratic fluff that exists to glorify the professors and give them all that much more pointless influence over your future.


44 posted on 12/03/2011 1:41:42 PM PST by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: pepsionice

>>There was basically nothing that he learned from this business class, and he challenged the counselor to explain the necessity...with the only response as “mandated”.

I suspect that the colleges are geared toward making cash in the<<
The difference between colleges and Universities and trade schools is that colleges are supposed to (emphasis on supposed) create people who are well-rounded. I am very glad that when I got my business degree I also had courses in fine arts, law, literature, social studies, history, etc. They DID make me a more rounded individual and stoked my thirst for knowledge.

If you want to take courses for a particular craft, go to a trade school.


45 posted on 12/03/2011 1:58:57 PM PST by freedumb2003 (Spoiler Alert! The secret to Terra Nova: THEY ARE ALL DEAD!!!)
[ Post Reply | Private Reply | To 30 | View Replies]

To: A_perfect_lady
! Sad, sad, sad. But they should have weaned him a little earlier, eh?

"That is sooo true!"

46 posted on 12/03/2011 2:03:50 PM PST by freedumb2003 (Spoiler Alert! The secret to Terra Nova: THEY ARE ALL DEAD!!!)
[ Post Reply | Private Reply | To 43 | View Replies]

To: A_perfect_lady

Yep, it is sad, but his parents don’t have him home in their basements.


47 posted on 12/03/2011 3:09:14 PM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
[ Post Reply | Private Reply | To 43 | View Replies]

To: EEGator

Good point. And going into debt for “prestige” is particularly ironic at the graduate level, since no amount of ivy on one’s office building will make up for doing good, conscientious research.


48 posted on 12/03/2011 7:04:59 PM PST by sthguard (The DNC theme song: "All You Need is Guv")
[ Post Reply | Private Reply | To 10 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

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