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The following video recently popped up on my playlist for some reason. It's heart-felt. I feel for the young man.
There's no doubt when the economy took a turn south back in the mid 2000's, a lot of young people reacted by going to school and stay longer in school. This caused an over-saturation of college graduates in the market with not enough jobs in the market to absorb them.
I believe that very soon we will see a huge drop in young people signing up to go to college.
Do you agree with me or do you think we will continue to see more and more young people signing up to go to college taking out huge debts?
The following video recently popped up on my playlist for some reason. It's heart-felt. I feel for the young man.
There's no doubt when the economy took a turn south back in the mid 2000's, a lot of young people reacted by going to school and stay longer in school. This caused an over-saturation of college graduates in the market with not enough jobs in the market to absorb them.
I believe that very soon we will see a huge drop in young people signing up to go to college.
Do you agree with me or do you think we will continue to see more and more young people signing up to go to college taking out huge debts?
The jobs becoming available now clearly require more education than they did in the past and I would expect that trend to continue, so I think it's extremely unlikely that you will see a drop in people going to college.
The following video recently popped up on my playlist for some reason. It's heart-felt. I feel for the young man.
There's no doubt when the economy took a turn south back in the mid 2000's, a lot of young people reacted by going to school and stay longer in school. This caused an over-saturation of college graduates in the market with not enough jobs in the market to absorb them.
I believe that very soon we will see a huge drop in young people signing up to go to college.
Do you agree with me or do you think we will continue to see more and more young people signing up to go to college taking out huge debts?
This is the result of a bubble blowing up ultimately from Government involvement in guaranteeing student loans decades ago.
I have 75 thousand in student loans. 2 degrees BS nutrition science, AS business administration. Currently working Emergency Medical Services and tutoring on a college campus (9.75/hr and $13.50/hour respectably) for a total of 70 hours a week. Barely able to pay my monthly bills let alone student loans. Currently paying my mother rent as she also is struggling to pay bills month to month. I'm 36 years old.
Just got accepted into a ASN nursing program in which is still cheap and I'm planning on paying tuition as I go through the program if at all possible.
I don't have any PRIVATE loans however, which is what this guy is facing.
I graduated with my degrees in 2007 only to see the financial meltdown in 2008 in which we still are seeing the results.
But to the liberals.. hey it's all going great.. Only a bunch of uneducated Neanderthals voted for Donald Trump.. Keep believing the crap the news feeds you. Being highly influential and easily led by mass media does not equate to intelligence.
The following video recently popped up on my playlist for some reason. It's heart-felt. I feel for the young man.
There's no doubt when the economy took a turn south back in the mid 2000's, a lot of young people reacted by going to school and stay longer in school. This caused an over-saturation of college graduates in the market with not enough jobs in the market to absorb them.
I believe that very soon we will see a huge drop in young people signing up to go to college.
Do you agree with me or do you think we will continue to see more and more young people signing up to go to college taking out huge debts?
college and universities are big business and exempt from protests against big business. now socialists want to ensure their socialist nurseries are supported with taxpayer money with no concern for reducing the cost of education.
Who can stay in school longer? who can afford to do that????
About time edu is treated as the big business it is and put under a microscope in the media and press. Like that will ever happen.
This is the result of a bubble blowing up ultimately from Government involvement in guaranteeing student loans decades ago.
I have 75 thousand in student loans. 2 degrees BS nutrition science, AS business administration. Currently working Emergency Medical Services and tutoring on a college campus (9.75/hr and $13.50/hour respectably) for a total of 70 hours a week. Barely able to pay my monthly bills let alone student loans. Currently paying my mother rent as she also is struggling to pay bills month to month. I'm 36 years old.
Just got accepted into a ASN nursing program in which is still cheap and I'm planning on paying tuition as I go through the program if at all possible.
I don't have any PRIVATE loans however, which is what this guy is facing.
I graduated with my degrees in 2007 only to see the financial meltdown in 2008 in which we still are seeing the results.
But to the liberals.. hey it's all going great.. Only a bunch of uneducated Neanderthals voted for Donald Trump.. Keep believing the crap the news feeds you. Being highly influential and easily led by mass media does not equate to intelligence.
This kid is not the only one..
My goodness. So after 2 degrees you want to take on a third one? Not enough debt yet? Aren't you sick of school?
I myself have two degrees but both are for my current career. My company wants me to go back to get an MBA. They offer to pay for all of it. At this point in my life (early 30s), I'd rather shoot myself in the head than sit in a classroom again. There's only so much of that crap I can take. Some people thrive in school. Not me. To me, school is a means to an end. If I can't find a gun for myself, I'll slit my own throat instead. Anything to not have to go back to school.
One minor FYI for future references, it's respectively, not respectably. No biggie.
Some of the college degrees are useless so it should be difficult to choose those as your major. I dont know how the college or govt would regulate that. Students should be pushed towards earning STEM degree or diploma. I often come across people who went to college to study arts or psychology but couldnt find a job so they learnt a software to get a job in technical field. So you have a political science major working under architects & English literature graduates assisting with graphic designing in video gaming industry. Only their 6mo. crash course on the design software came in handy in the real world.
For every 10 useless majors there should be 100 STEM graduates. Most of you will end up doing a technical job anyways so why waste your money on worthless majors? Cry & scream all you want but companies will find a way to locate better candidates overseas. Work needs to get done so they are not going to put up with your low-educated, entitled theatre/music majors when they can find a cheap professional out of the country. No politician will be able to help you when big companies lose money because of incompetent workers.
This is the result of a bubble blowing up ultimately from Government involvement in guaranteeing student loans decades ago.
I have 75 thousand in student loans. 2 degrees BS nutrition science, AS business administration. Currently working Emergency Medical Services and tutoring on a college campus (9.75/hr and $13.50/hour respectably) for a total of 70 hours a week. Barely able to pay my monthly bills let alone student loans. Currently paying my mother rent as she also is struggling to pay bills month to month. I'm 36 years old.
Just got accepted into a ASN nursing program in which is still cheap and I'm planning on paying tuition as I go through the program if at all possible.
I don't have any PRIVATE loans however, which is what this guy is facing.
I graduated with my degrees in 2007 only to see the financial meltdown in 2008 in which we still are seeing the results.
But to the liberals.. hey it's all going great.. Only a bunch of uneducated Neanderthals voted for Donald Trump.. Keep believing the crap the news feeds you. Being highly influential and easily led by mass media does not equate to intelligence.
This kid is not the only one..
Donald Trump isn't going to create jobs or fix your problem.
In fact, Betsey DeVos signed off on not requiring loan servicers to meet requirements that Obama had signed into an order... ones that involved proper financial counseling and educating borrowers on repayment options that would help them.
She said she didn't see the justification for these services. So, now the ranking system that will give preference to servicers who provide such assistance is gone.
Know what that does? Allows the banks that DeVos is involved with to service loans.
You have GOT to love the Trump Administration. Always so helpful for those in need.
Of more money. Because they are rich already and greedy as hell.
Like, you know... their families and friends.
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This young man didn't tell us the back story for his $50,000 student loan he owes a large payment on in a few days. Crying about being unable to pay back a loan, as he agreed to do when he took out the loan, doesn't generate any sympathy from me other than to acknowledge we all make bad decisions sometimes.
Whining and crying about our bad decisions doesn't rectify them. That behavior shows a serious rejection of personal responsibility for our bad decisions, in my opinion.
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