Brookings Institute report: Nearly 40 percent maybe in default of student loans by 2023 (illegal aliens, Clinton)
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I know several dozen college students. Not a one of them drinks designer martinis. They drive old cars, eat Hot Pockets, add veggies to their Top Ramen, and share apartments and old houses.
They hold down part-time jobs and still end up $100,000+ debt when they get their graduate degree. Then pay $1,000/month loan payments and two years later, they've only paid off about $5,000 of the principal.
It's a life sentence.
Because default or not, you can't get rid of student loans via bankruptcy
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I had a martini 2 days ago! (Shaken not stirred). I made it myself, does that make it a artisan one? It was my first one ever, and I am with the OP, I don't like martinis either.
I guess I can see why they are accumulating so much debt. Lots of avacado toast and designer martini's to keep up with the university students from elite families.
Many millennials have extremely unrealistic expectations. I live in a college town and a majority drive luxury or newer model cars. They have upscale apartments with all the bells and whistles that the university students feel entitled to because they will rich after graduation and the "small" debt will be a rounding error.
How about this: the government takes the pension funds from each professor and uses it to pay down the student loans that these greedy “educators” advised these vulnerable kids to sign up for.
I guess I can see why they are accumulating so much debt. Lots of avacado toast and designer martini's to keep up with the university students from elite families.
Many millennials have extremely unrealistic expectations. I live in a college town and a majority drive luxury or newer model cars. They have upscale apartments with all the bells and whistles that the university students feel entitled to because they will rich after graduation and the "small" debt will be a rounding error.
Where do you live because I've never know any millennial like this. And if they are from elite families like you say, then the parents would pay for their loans. Actually, if they are that well off they wouldn't even have to take out loans.
It’s funny, liberals want kids to go to college and what happens to them after is the government’s fault... try having the government regulate higher education and it’s shrieking about freedom... then they turn around and blame government for not doing enough... I think liberals are ..... yeah everyone already knows....
It’s funny, liberals want kids to go to college and what happens to them after is the government’s fault... try having the government regulate higher education and it’s shrieking about freedom... then they turn around and blame government for not doing enough... I think liberals are ..... yeah everyone already knows....
Many kids want to go to college because of the knowledge they want to receive. My son was a history major in college. He had to do tons of reading and writing. Many dropped out because they couldn't handle the course. He went on to get a masters in International Relations. Some just really want to learn. The problem is many kids go to college because they don't know what else to do. We need trade schools because many aren't cut out for college. We need plumbers, electricians, carpenters, mechanics....etc. I know unions will teach them the trade but why don't we have schools for them.
How about this: the government takes the pension funds from each professor and uses it to pay down the student loans that these greedy “educators” advised these vulnerable kids to sign up for.
It isn't professor pay thats the problem. Aside from the top universities, most professors (especially at the assistant and associate levels) make much less than you'd think. Particularly at the smaller regional state universities and colleges.
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