College Loan Slavery

[Rev.Reverence]

it shouldn't take a $75k education to figure out how to write a book that entertains kids.

...kinda' has a really good point there...

[phee]

I do agree that the cost of education is outragous.

I never said there was anything wrong with parents paying for their kids to be educated.... but some parents cannot afford to do that, and their kids will not be as educated as the ones who can...

I just think that every one should get a chance... and I also think that job training is good, but some of the other subjects are good as well.

[Rayne]

I do agree that the cost of education is outragous.

I never said there was anything wrong with parents paying for their kids to be educated.... but some parents cannot afford to do that, and their kids will not be as educated as the ones who can...

I just think that every one should get a chance... and I also think that job training is good, but some of the other subjects are good as well.

My parents haven't paid a dime of my education. They can't afford it. That's part of the reason it took me 10 years to go back to school.

[phee]

My parents haven't paid a dime of my education. They can't afford it. That's part of the reason it took me 10 years to go back to school.

Exactly

[Rayne]

Exactly

... and the fact that 10 years ago they had little faith I'd ever succeed in anything with my life.

I have since proved them wrong and they have much more respect for me.

But they still can't afford it.

[Guest greyhalo]

I got a BFA in 2001 and my MBA in 2005. Since then, the economy fell in the toilet, and the first jobs to go were lower level management - which is where my career should have started. So Here I am, drowning in debt, and unable to afford to move somewhere that my degrees would be used. At this point, I'm praying for either a much better job soon, or a freak accident. I'll never be able to get married, have kids, or live anywhere but a crappy apartment, because every cent keeps the loan officers off my back. That is the reality of an education these days.

I was not irresponsible. I got usable, practical degrees in skill sets that I am good at and that go together. I'm just stuck in a bad economy in one of the worst cities in the country for my industry.

Some places will pay for you to re-locate, if you're interested in moving that is. The economy is MUCH better in some other states. I'm currently considering moving even though my job is "safe."

[phee]

... and the fact that 10 years ago they had little faith I'd ever succeed in anything with my life.

I have since proved them wrong and they have much more respect for me.

But they still can't afford it.

Which goes along with my point that only those who have the resources would get the education Goth_Brooks describes without help from scholarships and such... he is suggesting that all education that falls into the "liberal arts" not be paid for AT ALL by programs/gov.

[Rayne]

Which goes along with my point that only those who have the resources would get the education Goth_Brooks describes without help from scholarships and such... he is suggesting that all education that falls into the "liberal arts" not be paid for AT ALL by programs/gov.

Isn't my degree in Liberal Arts?

[phee]

Isn't my degree in Liberal Arts?

Yes... and you are getting help to pay for it...

[Rayne]

Yes... and you are getting help to pay for it...

Yes I am. A great big portion of it. I wouldn't be able to afford it if not.

I don't have any loans to pay back, either.

[phee]

Yes I am. A great big portion of it. I wouldn't be able to afford it if not.

I don't have any loans to pay back, either.

The counter argument is that you should only go to school for other things more "worker" related

[Rayne]

The counter argument is that you should only go to school for other things more "worker" related

Really ...

The State of Michigan begs to differ.

http://www.michigan.gov/nwlb

... they include a lot of different jobs that they will pay for education for. Even though I don't qualify for their program ... my projected occupation is on their lists.

[phee]

Really ...

The State of Michigan begs to differ.

http://www.michigan.gov/nwlb

... they include a lot of different jobs that they will pay for education for. Even though I don't qualify for their program ... my projected occupation is on their lists.

Indeed I like the way it is.

But he is arguing that it SHOULD NOT BE THE WAY IT IS here:

Doing that on your own dime is fine and dandy.

Doing it on a bank's, and then having nothing to show for it; is irresponsible, retarded, and a good point to how the country got into the financial mess it's in.

It's only a shame the banks can't repo your degree.

[Rayne]

Indeed I like the way it is.

But he is arguing that it SHOULD NOT BE THE WAY IT IS here:

I see part of the point.

I'm not sure I would take a loan for education. I haven't been in that situation yet, but a degree does not guarantee a job. There's no guarantee you'd be able to repay that loan. Especially the kind that you don't have to pay on until you graduate.

However, I've either paid for my own education or gotten grants and scholarships, so I've never been there to have to make that decision myself.

[TitsMcGee]

I'm not lucky enough to qualify for grants and my parents scimp and save to be able to pay for my school otherwise I wouldn't be going because there would be no way I could afford to go. I fall into the bracket of people who don't make enough to get pell grant but can't afford college without help, and we had to have me in school full time to keep me on my dad's insurance seeing as how my meds are a few hundred bucks a month.

What pisses me off the most is that the majority of the people who qualify for Pell Grant don't even bother going to school. Then you got folks like me who could use that extra cash for school but get told "You make enough to afford it". Hate to tell you but there is no way my parents and I can afford tuition plus room/board to put me in a university, and last time I checked community colleges still can't give bachelors degrees.

Sorry I'm ranting, just frustrated with homework and trying to figure out just where I'm going next semester, since I can't afford EMU.

/thread jack

[eleven]

Hopefully i should be starting school next semester, and you bet your buttons i plan to pay as i go...even though that may be all of my life till i get my degree i refuse to be in such a large amount of debt.