I agree it's who you know more than what you know in many cases. The thing is a good college helps you know such people.
Really? *All* people?
Why not? I belive everyone should have the financial possiblity to go there. I'm not saying that people with an IQ of a cement block should be admitted. Nor I belive large quantities of people should have a chance to study islamic medicine of XV century or other ridiculous non real life subjects but I belive that if 2 people want to apply for a sport at a university their chances should only be judged by their qualification, not social background.Really? *All* people?
this statement is meaningless w/o the appropriate context
Yes because they were born financially irresponsible. That's what's education for.
Sounds like you need to go back to school and study some econ yourself, college education pays for itself in the long run in taxes.
i can't tell which side of the argument you're on. i guess it depends on the thread?
maybe the gov't should subsidize unis
funny, after graduating h.s., i was a waiter, bar-tender, and bike messenger, but for some damned reason, just couldn't break into the corporate world. so, i sold my soul and let the man rape me in the military. upon getting out, the nightmare continued with free school & quadrupling of my income
No, you just can't read well. If tax payers fully subsidize education, the tax payers investment will more than double up in the persons lifetime just in tax revenue. Not to mention the whole, more money in the economy. I just addressed that not 5 posts ago
What the hell is your point? That you used tax payer money to pay for your education? Or that I should got get blown up shooting little Iraqi kids so the haliburton doucebags can make more money? Cause my willingness to die for some one else's bank account is largely irrelevant to my education in my opinion.
Certificate programs are a joke unless you are learning a trade, plain and simple.
The issue is that a BS degree doesn't mean sh!t other than you managed to go to class enough to pass. I got my first job as a software engineer 4 years before I had to go to school and get my BSCS. The only reason I had to go to school then was because the market was so flooded after the .com fiasco was a resume without one didn't get seen. It was an easy weeding out process.
? Seems like an awful lot of work (finding the thread, registering, uploading a picture, and then putting in a relatively generic post with a link back to his/her blog) just to drive web traffic...
That was so bizarre.Hey you never know it could be a fat argumentative white guy who searches the innernetz for random threads on student debt because he loves freedom
368%: The jump since 2007 in the measure of consumer credit held by the government comprised primarily of student loans.
If a student loan bubble were to pop, the government, not private banks, would be the one standing around with gum in its hair.
Issuance of student loans has soared in recent years, hitting $867 billion at the end of 2011, according to an analysis from the Federal Reserve Bank of New York, more than credit cards or auto loans. The jump has led some to classify the student-lending market as a bubble, comparing it with the housing mess that nearly brought down the banking system in 2008.
But there are some big differences between student loans and housing. For starters, mortgage credit absolutely dwarfs lending for higher education by nearly a 10-to-1 ratio. Troubles in an $8 trillion market pose a much higher systemic risk.
The other big difference is who holds the loans. Commercial banks and investment firms held the bulk of the mortgages that were going sour when the housing bubble burst. But thats not the case with student loans. Despite some recent signals of banks getting back into the student-loan business, private lending has been pretty much stagnant since the recession hit. Since December 2007 nonrevolving consumer lending by commercial banks a measure tracked by the Federal Reserve that includes student loans as well as auto and other personal credit is up less than 11%. Over the same period, total consumer loans owned by the federal government a measure that includes loans originated by the Department of Education under the Federal Direct Loan Program has more than quadrupled.
LOL. Poor Middle Class white girl, never stood a chance.
"life is haaaaaaaaaaaaaaaaard"
Kind of. I understand the point you're making, but how else does a kid fund higher education as expensive as it's become?
Work, save money, and take classes as you can afford.
bite your tongue.
Let's assume that a smart kid gets the first two years of college done in a local CC and leaves it debt free. A further 2 years at CSU, 18 units a semester costs $9402.74. So, $37,611ish just for classes, assuming again you graduate in two years. Plus books, living expenses, etc.
on the eighth day god created bootstraps to pull yourself up by....
Well, if basic analysis is done it might make *sense* to take on some amount of debt. However, the whole "let's just go to college for 5 years and damn the torpedoes" attitude needs to end.
I don't disagree at all. Granted, all I eventually graduated with was a technical degree, but I left college debt free and worked from my sophomore year of high school. My wife on the other hand, had to go to a private college in Santa Barbara to get a degree in a field she's never worked in and we are still paying for her ****. Guess which one of us makes the majority if the income. Hint; she's just going back to work full time for the first time in almost 5 years. I just think it's unrealistic to expect that our particular situation to applies to every one. Not everyone has the opportunities we had.
Sounds like she and her parents were not very good at financial analysis... either that or they weren't very realistic about how the world works.
Both?Sounds like she and her parents were not very good at financial analysis... either that or they weren't very realistic about how the world works.
Or they just figured she'd find some sucker to pay it off eventually.
Man Doesnt Know How Parents Ever Going To Pay Off Massive Student Loan Debt
If only I were so lucky
