Why people with student debt are refusing to repay it

Started by Bronx, February 14, 2020, 08:10:03 AM

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Solar

Quote from: American Pride on February 15, 2020, 04:54:28 AM
Aside from being unfair to those who paid their way, which is the main reason for opposing student loan forgiveness, I have a slightly offbeat view of higher education.

I see it as a commodity like any other. You want the custom made one or the higher quality item, then pay for it. Otherwise take the less expensive one that's on the shelf that you can afford. JHMO  :wink:
Agree. I think the entire degree bull shit was way over hyped and over sold. To think that a piece of paper was somehow magically land you a better paying job in an over crowded field was akin to buying magic beans.
Caveat Emptor, two of the oldest words in existence, and still people buy into scams, in this case, the college scam promoted by Marxists.
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Possum

Quote from: American Pride on February 15, 2020, 04:54:28 AM
Aside from being unfair to those who paid their way, which is the main reason for opposing student loan forgiveness, I have a slightly offbeat view of higher education.

I see it as a commodity like any other. You want the custom made one or the higher quality item, then pay for it. Otherwise take the less expensive one that's on the shelf that you can afford. JHMO  :wink:
Just mho, but the main reason I am against the forgiveness is the whole damn student loan business is just another government program to rip off the masses. Way back in my day, you could work your way thru collage with a part time job. Later, you needed a full time job, but it could still be done. Now, students can not work or won't, and even if they would, they would need a couple of full time jobs. What changed? Government became involved. Warren was able to laundry $430,000, excuse me I meant earn, to teach one class, was there no one who could do it for less???? Did harvard pay her for what she knew?? :lol: Think higher education is expensive now, just wait until it is free.

Dubinsky

#17
Quote from: Solar on February 15, 2020, 05:06:40 AM
Agree. I think the entire degree bull shit was way over hyped and over sold. To think that a piece of paper was somehow magically land you a better paying job in an over crowded field was akin to buying magic beans.
Caveat Emptor, two of the oldest words in existence, and still people buy into scams, in this case, the college scam promoted by Marxists.

I agree that it is over sold. I have two undergraduate degrees and a Master's degree. They served me well because of the field I was in but I worked alongside many who did not and they did equally as well. Some far better. It was a field where they wouldn't give you a shot any longer like the "old-timers" rec'd without one. It was a requirement when I started. I also have friends who went into various trades. Many own or owned their own businesses.

I told my daughter to go to a 2 year college and learn a skill in the healthcare field. She did. After she worked a few years she went back at night and finished and rec'd a 4 year degree. She's now going for her Master's. She's doing it for the right reason because she's interested in the field not because she expected more money because she had a piece of paper.

She paid for it all herself. As a graduation gift I gave her back all the tuition she paid in cash. Lesson learned for her. It means more when you earn it.

Solar

Quote from: American Pride on February 15, 2020, 06:44:00 AM
I agree that it is over sold. I have two undergraduate degrees and a Master's degree. They served me well because of the field I was in but I worked alongside many who did not and they did equally as well. Some far better. It was a field where they wouldn't give you a shot any longer like the "old-timers" rec'd without one. It was a requirement when I started. I also have friends who went into various trades. Many own or owned their own businesses.

I told my daughter to go to a 2 year college and learn a skill in the healthcare field. She did. After she worked a few years she went back at night and finished and rec'd a 4 year degree. She's now going for her Master's. She's doing it for the right reason because she's interested in the field not because she expected more money because she had a piece of paper.

She paid for it all herself. As a graduation gift I gave her back all the tuition she paid in cash. Lesson learned for her. It means more when you earn it.
Well said, and good on you for raising a bright kid.
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