Student Loan Debt By State: Maryland Tops With $33,704 Debt Per Student With Outstanding Loans (salaries, lawyer)
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If the government would just stop subsidizing non-science majors or non-engineering majors then college education wouldn't produce so much debt.
Ron Paul: "If You Subsidize It You Get More Of It"
Great logic. You might want to try some of those science courses. Wouldn't everyone just shift to taking more science majors if they couldn't find funding for anything else?
So you should write a book and teach others since you are so insightful. Posting this changes nothing.
Of course it doesn't "change" anything. But it does shows what can be accomplished through hard work and determination. Which is the exact opposite of those who are asking for a student loan bailout, right?
Oh well, lots of these students want to go to college for some degree that won't command too much money....no matter how fancy your major is. Then they boo-hoo about their overpriced loans for their worthless degree.
A very skilled underwater welder or automotive electronics technician will many times make 2 to 3 times as much as say a teacher or a diversity officer.
Lots of professional careers in the Metro DC areas (doctors, lawyers, lobbyists, etc). This doesn't seem bad and it's only about $4k from the national average. Not a big deal at all.
If the government would just stop subsidizing non-science majors or non-engineering majors then college education wouldn't produce so much debt.
You have no idea what you are talking about. I have the seemingly least practical humanities degrees possible, and guess what. I make a good living and pay my student loan payment each month.
My wife and I owed about $400,000 in student loan debt... it is down to $200,000 at about 2% interest rate... because it is the lowest interest rate of my loans, it will be the last loan that I pay off... I laugh at how people say they can't pay 29,000 over 30 years... you telling me you can't afford to pay a little over $1k per YEAR?
$400,000 in student loans is an astonishing number. I hope your degree isn't in 14th century poets.
Lots of professional careers in the Metro DC areas (doctors, lawyers, lobbyists, etc). This doesn't seem bad and it's only about $4k from the national average. Not a big deal at all.
I have to disagree. Being 23-ish in age and $33K in debt is pretty big deal all things considered. Especially when a common argument among students is that they "had no idea" what they were signing or getting themselves into when they willingly took out the loans. I"m not sure there's alot of difference between being 18 and dumb and 23 and dumb in the grand scheme of life.
I had roughly $50k more than that, but I knew that I had to take the bull by the horns and get those loans paid off as soon as possible. I made ~$1,500 payments on average for 6 years and ended up paying many thousands of dollars less in interest by doing so. I hope these student can be as efficient.....they're going to need to be in order to survive.
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