I guess I'm meant to cry tears of sympathy for all of these college grads with student loan debt. Somehow I just can't muster a single tear. You chose to sign that dotted line. Nobody put a gun to your head. Fulfill your obligations and stop whining about it, for God's sake.
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@primalpoly, we have more access to information than any other generation alive. It is easier than ever to self-learn or figure out alternative ways to find a career that doesn't require 4~5 years of learning and massive debt IF you are actually interested in find it. Most arent. -
I agree. I'm just saying it's hard for 18-year-olds to understand all this.
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Agree w all except predatory lending. Pls explain
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Like with subprime mortgages, credit cards, and payday loans.
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I would put part of the onus on modern parents. If my parents had not sternly warned me, I might have taken loans of 30k a year for a prestigious private school. Instead I went to a state school and after that a local MD program. My debt could be much worse.
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Go to a state school, take something useful, work a part time job, consider living at home. Give this message a mouthpiece to spread it far and wide. Problem solved. No bailouts or intervention required.
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THIS. Maybe don't go to to Stanford for $250k for an underwater basket weaving degree. Community college for AA + state school + program that markets actually want = employment.
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College drop-out. Gets low-end job with few prospects; working poor. Response: I have no sympathy for you. You chose not to finish college. College graduate. Large student loan debt. Response: I can't muster a single tear. You chose to sign the dotted line.
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There’s a middle ground between these. For instance, learn a trade. Which is far cheaper and in many respects, more transferable and equally if not more lucrative in the real world. Hell, I wish I had learned a trade rather than spend so many years getting a degree.
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So 12 years of “education” and these kids don’t understand debt? Their parents don’t understand debt? Their high school “counselors” don’t understand debt? Lots of sheeple out there.
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