Aarontology: As long as businesses keep requiring degrees for even entry level positions, you're going to keep seeing the same problem.
zedster: Aarontology: As long as businesses keep requiring degrees for even entry level positions, you're going to keep seeing the same problem.and sadly now either because of the larger applicant pool or to justify grabbing a H1A they have even higher requirements
Laocoon: Pfft. You start talking about making cost-conscious decisions to people in higher ed and they'll look at you like you have a penis growing out of your forehead. But yeah, it's the principal slowly eating a lot of these young adults. Although the doubled interest may have driven the point home to some of them, I'm not sure what will motivate them(and us older folks) to start putting pressure on Colleges and Universities to bring annual costs back to reality.
what_now: made the conscious decision to attend a school on the other side of the country that costs $58,000 per year. She is majoring in Political Science and wants to work in advocacy of human or women's rights. I have no problems with Political Science degrees, but you have to be realistic about your prospects. What is she thinking attending a school this expensive for a degree she could get just about anywhere? It's almost a guarantee that in 3-5 years Ms. Mears will be portrayed as another graduate drowning in debt. But it will be no one's fault but her own.you unbelievable bastard. You spend 15 years selling student loans, and then you bemoan the fact that students take out loans. What the fark???Let's be clear here- that $58k a year is covered by PRIVATE Loans, not federal subsidized loans. Her Sub loans are $3500-5500 a year.
netweavr: Pfft, $58k/year? You'll pay off a 4-year degree in 4 years with your $60k/year job.You people complaining either can't do math or don't really want to work.
Aarontology: zedster: Aarontology: As long as businesses keep requiring degrees for even entry level positions, you're going to keep seeing the same problem.and sadly now either because of the larger applicant pool or to justify grabbing a H1A they have even higher requirementsYup. All the while being told to take personal responsibility while requiring they shackle themselves with debt in order to even get the chance to do so.
ThatDarkFellow: I'm so confused by all of these recent reports. Are the rates doubling for people who already have loans or that are going to take out loans? I've seen different places report completely different takes. Anyone know one way or the other?
Aarontology: Yup. All the while being told to take personal responsibility while requiring they shackle themselves with debt in order to even get the chance to do so.
worlddan: If students were capable of making better choices they wouldn't be students.
Yogimus: Don't borrow money you can't pay back.
odinsposse: My parents told me about how they used their student loans to buy a car because the interest rates were so incredibly low. Their loans were paid off a few years after graduating.Old people have no concept of what student debt is like now.
A Terrible Human: Hell just do what I did: Drop out of high school and become a full time loser.
praxcelis: It's early in the thread. Have the "I don't agree with your degree choice, so you should suffer" whiners shown up yet? I get so much enjoyment out of the modern day Calvinists who think that each and every student in the country must eschew exploration of knowledge and art and buckle down the day they leave high school and enter the grey concrete world of Real Work. If your degree doesn't have real-world usefulness the picosecond you graduate, you have no business being in college at all./I blame the glut of MBAs in the 80s. Ruin the economy, make every breath an ROI decision, enshrine corporate greed as the highest ideal//And with every child as young as elementary school being hammered with the "You must study STEM" club, there'll be a glut of STEM graduates in the coming years. Something supply something demand...
Evil Twin Skippy: The military pays you for 4-6 years (more if you like the job) to learn a trade.
Evil Twin Skippy: When my kids ask me "what should I do for college?" My response will be "what is college going to do for you?"If the answer is find oneself, I'll suggest the military, starting a business, or joining a rockband. The military pays you for 4-6 years (more if you like the job) to learn a trade. Even if your business is a total flop, you learn people skills and that the left side of the column has to add up with the right. And if you join a rockband there's a remote but nonzero chance you'll strike it big.Either way it less risk than dying in a dorm fire from a batch of microwave popcorn gone wrong or me reading how you exited the world with a hose in your rectum full of natty ice.
Evil Twin Skippy: me reading how you exited the world with a hose in your rectum full of natty ice
theorellior: Evil Twin Skippy: The military pays you for 4-6 years (more if you like the job) to learn a trade.LOL. And to be shot at. Fark the military.
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