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Student Loan Crisis is coming to a TRILLION $ head

 
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niecy View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote niecy Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 11:37am
Originally posted by Finesseful Finesseful wrote:

People just expect their kids to go to college. They don't dig deep into anything, don't ask questions, just tell em to take out a bunch of loans and send them on their way. Lack of knowledge causes problems. 17/18 year olds don't understand the severity of that kind of debt & I wouldn't expect them to. Higher education isn't approached realistically. They make 4 year schools seem like the best option all the time. Teens are impressionable & buy into it. If your folks didn't go to school either, how would they know any better than you?

So true. I honestly wish I would've listened to family when they were telling me to do my first two years at a CC and call it a day. I ended up coming back home and doing CC after my first year at a 4 year college anyway but I wish I would've done that in the first place. Probably would've saved so much time and money.
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babyk94 View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote babyk94 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 11:37am
Originally posted by Finesseful Finesseful wrote:


People just expect their kids to go to college. They don't dig deep into anything, don't ask questions, just tell em to take out a bunch of loans and send them on their way. Lack of knowledge causes problems. 17/18 year olds don't understand the severity of that kind of debt & I wouldn't expect them to. Higher education isn't approached realistically. They make 4 year schools seem like the best option all the time. Teens are impressionable & buy into it. If your folks didn't go to school either, how would they know any better than you?

IA and thanked.
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Post Options Post Options   Thanks (4) Thanks(4)   Quote newdiva1 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 11:44am
Originally posted by BrownQtee BrownQtee wrote:

Yep. To top it off, alot of jobs are now making a BS/BA a minimum requirement. It's all a conspiracy.

 
 
 
 
yup. *puts on foil hat* you gotta get this certificate to work, only they make it expensive to get it, when u get said cert there are no jobs to be had to pay back this non dischargable debt, you turn to crime to survive, get caught, go to jail, then they give you a job as a customer service rep for some airline and only pay u $2 an hour.
 
yup......it's a plot...
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Post Options Post Options   Thanks (2) Thanks(2)   Quote Junior Jr Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 11:44am
when that sh*t pops, i'ma be in a smoke filled room watchin' bammas scurry Cool
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Finesseful Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 11:45am
Originally posted by Junior Jr Junior Jr wrote:

when that sh*t pops, i'ma be in a smoke filled room watchin' bammas scurry Cool
 
jr.


You must have paid out of pocket or gotten a scholarship?
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Post Options Post Options   Thanks (3) Thanks(3)   Quote binky622 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 11:51am
this depresses meUnhappy
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Post Options Post Options   Thanks (4) Thanks(4)   Quote babyk94 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 11:56am
College is great and will continue to make a lot of people sucessful we just have to be more cautious when it comes to figuring out how to pay for it. People into math,sciences, and computers seem to be doing well.

Edited by babyk94 - Mar 01 2013 at 11:57am
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Finesseful View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Finesseful Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:00pm
Originally posted by babyk94 babyk94 wrote:

College is great and will continue to make a lot of people sucessful we just have to be more cautious when it comes to figuring out how to pay for it. People into math,sciences, and computers seem to be doing well.


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Post Options Post Options   Thanks (7) Thanks(7)   Quote maysay1 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:07pm
A 4-year college education is a luxury consumer good, point blank period. And universities are profitable businesses who are controlled and maintained by the 1% in order to perpetuate the current power structure.

You shouldn't finance a 30,000$ car and have 400$ payments for 5-7 years when you only make 30,000 a year...and you shouldn't finance an education and have 200-1000$ in payments for the next 25 years when you don't even have a job.

Education used to be a way out, but once the 1% noticed that they made sure to jack up tuition costs to exorbitant prices and then sold the solution (loans). But they also made sure that the loans can't be discharged in bankruptcy and they buy politicians who vote against lowering interest rates. This is all big business so they can make money. That's it and that's all.

The most subversive thing a young person can do today is get a valuable education without paying for it and not take on any debt (student, car, mortgage, credit card, etc).
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Post Options Post Options   Thanks (5) Thanks(5)   Quote Princess_S Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 12:09pm
Originally posted by CamiK CamiK wrote:

Then just dissolve all that sh*t and let us start with a clean slateBig smile
CamiK for President!!! LOL
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