Student Loan Debt?

[Hay Dude]

I had a couple cruel, sick & twisted public school teachers.
No inappropriate touching, but mental cruelty to the point where you actually smiled & laughed when you heard they were finally dead.
And you got to be one F’d up SOB for me to do that cause I try to practice forgiveness as much as I can, even to those who don’t deserve it.

 

[MossRoad]

Actually, he did serve in South Bend and Mishawaka right before he did “serve” here at the parish I went to

I meant at our school in particular.

 

[MossRoad]

 

[two_bit_score]

Exactly -- so the govt should stay out of a parent/child/physician relationship.

It should be cnsidered abuse under the penal code if any of those parties tries to convince a child to change genders.

 

[paulsharvey]

I'm not disagreeing with some of this; But back to student loans... I dont think they are always a bad thing. If you can borrow $25k, to increase your earning potential $50k/year, over the next 50 years, that is a smart move. I also think the garranteed student loans lead to a viscous circle, of increasing costs, and more loans, and more cost... Also, in some/many cases, a bit of creativity can avoid a lot of the loans.

In my wife's case, she was 34 y/o at the time, we had 3 kids, and she was making 1.5x min wage, but capped at 26 hours/week; and my check was just getting us by. Well, after prerequisites, when she entered nursing school, there wasn't a realistic way for her to continue working, or for me to cover day care, so student loans were used to cover daycare, while a Pell grant covered tuition. Yes, she still has an annoying student loan payment, and she Really does need to attack it, But, her earning potential is 4x what it was if she hadn't done loans.

 

[paulsharvey]

Also, one thing missed, it's hard to talk sense to a kid, while the schools/world are saying go to college. My 17 y/o son 'should' get 100% tuition paid. He is convinced he wants to go to a 4 year college, and live in a dorm, even though the tuition is only like 25-33% of the cost. All this, when he could easily get a better job locally, take night/online classes at community College, taking on zero debt, for atleast the first 2 years, and probably get a 4 year degree debt free. Now, the truth is, I'm not co-signing anything, and it will be his cross to bear, and his mistake (IMO) to make.

How much did your 17-18-19 year old self listen to adults?

I went to a community College, using step dads VA money (VA pays dependents of disabled vets), and sold plasma, worked, and didn't use any loans. I was offered a 100% scholarship 2 years into an associates but turned it down, I was Done with school. About 8 years ago, I did go back, trying to get an engineering degree, but it was a pain in the butt, and decided I didn't want it enough to go through all that trouble. School (community college) was easy for me when I was 18/19; but twi things changed. #1; working full time at a real job, real priorities, kids, wife, vehicles to work on, yard to mow. ect; And #2; the professors now don't teach. They take a view of "it's not my job to teach you, it's my job to test you, and if you don't know how to do it, watch a YouTube video"

 

[lilranch2001]

I don’t think anybody’s arguing whether or not school loans are a bad thing. At least I’m not.

I think the point most people are trying to make is paying off loans by the government is wrong.!

POTUS IS JUST TRYING TO BUY VOTES AND THAT’S A PURE AND SIMPLE OUTLANDISH PLOY

 

[Hay Dude]

^^^^UH HUH^^^^^^

 

[tacticalturnip]

Read the entire thread, and it's stirred up a lot of emotions. A lot of them negative.

I can't quite put the words to it all, but then, I never went to college.

 

[lilranch2001]

I’ve read the entire thread and I went to college at 30 years old, paid for my college as I went with a job that I was working full-time +10 or 15 hours of every week and now my granddaughter is getting ready to go to college and searching for every scholarship she can get and saving her own money plus whatever money her loved ones gives her along the way and she has no plans to get a college loan for her college education.

If there is emotion, as you say, I would say it’s because most people do not want to pay for somebody else’s college, when they have obligations of their own to pay for!