“Heck, I don’t know why they go into debt for college. I don’t understand why they aren’t taking public transportation or driving cheap used cars.”
Those are legitimate questions. Things are changing now, but the myth that a college sheepskin means a lifetime of above average living was pretty compelling back in the day. Borrowing was easy; repayment terms seemed reasonable. And the high school graduate could avoid the stigma of ‘not having gone to college’.
As far as the twenty-somethings living within their means, quite a bit of peer pressure to live a certain way. On top of that, everyone feels young, strong, and invincible - “I’ll find a way to pay for it all...somehow.”.
I’m not trying to make excuses, We’re I to do it over I NEVER would have borrowed to go to school. Heck, knowing what an indoctrination mill most of them are, I may not have gone at all!
” I don’t know why they go into debt for college.”
Then they realize that the degree in Visual Arts or Sociology or Female Studies doesn’t go far towards paying off that debt.
When my friend’s son was thinking about a major, he open the Employment pages in the metro paper and said “Pick something.”