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Why are we considering cancelling student loan debt when the real problem is that college costs are out of control? I'd be in favor of cost controls for higher education.
Why are we considering cancelling student loan debt when the real problem is that college costs are out of control? I'd be in favor of cost controls for higher education.
College cost is fine. It's near historic norms and no one pays sticker price. College isn't meant for everyone.
Costs are way out of hand in large part because top-heavy institutions have been able to reliably count on Uncle Sam guaranteeing perpetual loans in free-for-all fashion regardless of education quality, expected RoI, or merit-based worthiness on the student end. Literally one of the largest scams ever perpetrated upon the citizenry; and the institutions, the government, and corporations of all sizes are complicit in the debt-fueled barrier-to-entry Ponzi scheme. Half of people don't complete their degree, half of those who do actually procure a job in their chosen field of study, the degrees are worth less and cost more, and many of these folks are everything from socially problematic to borderline incompetent outside of STEM-oriented fields. Add to that the invisible Scarlet letters looming over the heads of those with experience but no overpriced piece of paper and those who would've otherwise been more suited to skilled vocations if it weren't for pervasive academic skullduggery, and it's no wonder why reasonable people spanning the political aisle tend to observe the ass-backwardsness of it all in the comforts of either personal privacy or online anonymity.
Cancelling the student debt isn't a gift to current, recent, or future students; it's unknowingly allowing the folks who've created this mess in the first place to garner another lube-less thrust into the behinds of a collective citizenry who deserves better than being used as a penile pincushion by the so-called decision makers who fancy themselves your moral and intellectual betters.
Costs are where they historically have been.
But college is not for everyone. If you don't finish your degree or finish college, that's on you. Maybe you shouldn't have gone... maybe you should have focused on education more...
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Quote:
Originally Posted by AtkinsonDan
Why are we considering cancelling student loan debt when the real problem is that college costs are out of control? I'd be in favor of cost controls for higher education.
Costs are not the issue and if the private school choice is cost prohibitive then pick a state school and save some money. A bigger factor is pick a degreee that will give you marketable skills, my friends son has a double unemployment major of Archeology and Sociology with a Masters, he's waiting on someone to die so he can be a college professor. Who's fault is the debt on???
You probably paid yours off before the entire country fell off a cliff though with government and big business failure . Big difference
I graduated in March 1973 when the economy tanked. There was a sign in Seattle that said: “ Would the last person in Seattle please turn off the lights?”. There was nothing available in my field of graphic design, in fact, most people didn’t know what that was. To pay my bills, including a small student loan ($2000), I painted names on boats, painted lobby and show cards, did portraits. That summer, I worked in a fish cannery. For my rent, I mowed the lawn to reduce the amount. The landlady and I grew a garden. I heated my drafty house using pine cones in a trash burner and ate apples sometimes as my only meal from the orchard. I hitchhiked to town and back to get groceries. You do what you need to do.
Costs are not the issue and if the private school choice is cost prohibitive then pick a state school and save some money. A bigger factor is pick a degreee that will give you marketable skills, my friends son has a double unemployment major of Archeology and Sociology with a Masters, he's waiting on someone to die so he can be a college professor. Who's fault is the debt on???
I have a management degree and it’s completely paid off. But please enlighten me, what am I missing?
Do we have a shortage of people in this country who have degrees in gender studies, humanities, and literature?
I had zero problems paying for my degree, why should I feel sorry for anyone else?
Was your management degree at a community college? Those are set up differently than a traditional university. What you're missing is the value of a liberal arts degree.
I can't say for literature, but for the others, yes. It's interesting to see where the new work comes from in those fields. When companies like Apple, Tesla, Google, etc. are producing more outcome in humanities than Universities, it's telling.
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