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Look at what else, though. They sent the kids to private colleges. They refinanced their house to pay for a wedding.
Some bad decisions.
What many of you are missing is that this family hit the "sweet spot" for not getting aid: too much family income for need based scholarships, too much income for subsidized loans, the wrong profile for academic scholarships.
But, it's easier to blame the kids' majors.
As a note, we had the same issues: high performing kids, too high family income, didn't fit the profile of potential students. Two Liberal Arts majors, one engineer. All are employed in their respective fields. And were almost as soon as the ink on their college diplomas were dry. They all attended state schools.
I flirted with idea of following my fathers footsteps and joining the Foreign Service but when I won a contest to drive a 2-8-2 1930's era Steam locomotive that ended any thought of being a diplomat.
You're driving the big boys, huh? Steam locomotives have always been amazing feats of engineering.
I'd love to work for the State Department because of my background, but my qualifications don't net me an interview.
People weighed down with student loan debt can't buy houses, can't buy new cars, can't consume the way Americans are expected to consume, and are a drag on economic growth
Our universities are subsidized by the tax payers. Would you prefer that? I know how much the right likes to squeal when they have to open a wallet.
People weighed down with student loan debt can't buy houses, can't buy new cars, can't consume the way Americans are expected to consume, and are a drag on economic growth
You stole my thunder. You are exactly spot on. That's why it matters.
Many people (can we say most?) don't need a college education to succeed. Many (can we say most?) go to college and major in worthless "studies" such as "Women's studies," "Black history," and other equally useless courses of study. The find they cannot get hired (Who needs them?), yet they have accumulated massive debt.
You have to pass the foreign service exam and it is a ball buster. Georgetown University has a exam prep course.
Right now I drive EMD SD70ACe locomotives for BNSF.
Qualifications? Outside of a few degrees and tests, none. I haven't actively pursued the position aside from generic rejections from usajobs.gov. I know there are many more qualified applicants than I, though I maintain my intellectual superiority (and ego ).
Wiki says a lot about those locomotives. I can only assume you are passionate about locomotives as much as I am about my hobby, aviation?
I wouldn't have put myself in the poorhouse to put my son through college, but I would've come close if need be.
I don't care about what anyone says...it's better to have a degree than not to have one. And frankly, I don't give a damn what that degree is in. It's better than no degree at all.
I wouldn't have put myself in the poorhouse to put my son through college, but I would've come close if need be.
I don't care about what anyone says...it's better to have a degree than not to have one. And frankly, I don't give a damn what that degree is in. It's better than no degree at all.
My parents have sponsored thousands of dollars for my education. Rest assured, I'll pay them back every cent they have been generous enough loan me. They deserve $100k from me.
What does it matter to you what other people do with their money?
Meanwhile, in another thread, you're probably asking for a bailout of student loan debt. With my money.
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