Student loans are the new herpes

[UpperDecker]

Business management really isn't that great of a degree.

Not everybody can be a scientist, economist, or doctor. It is a useful degree for myself and gives me plenty of options to reach my goals.

 

[jclay2]

easy government loans in to the picture and people start making idiotic decisions with "their" money.

Exactly!!! This is the crux of the matter. The easy money, flowing from the government, has completely distorted the market for education. Millions of students that would have normally faced the education decision with limited cash, now see an endless pile of loans to fund whatever they desire. This consequently leads to higher tuition prices from all colleges and consequently more debt. The funny money has considerably helped take the "value" decision out of the equation when deciding which school to attend.

On second note, average students need to retake their basic algebra class. 95 % of prospective students could not tell you how much debt they will graduate after 4 years of education or what their probably job/income prospects will be. But when you try to tell people the truth, many times, they will just shut down and disregard anything you say. My sister in-law just started school last year. Despite me telling her repeated warnings that borrowing 17k/year = 80-90k after graduation = 900 After Tax/Month, she went on her merry way into debt servitude.

 

[Philhelm]

Business management really isn't that great of a degree.

I'm glad that Tom Woods majored in history.

 

[tttppp]

Not sure , but I doubt it , probably just have to enroll , cash the check ....

Really. Explain the process.

 

[Danke]

Unless she's ugly...

Just has to work longer.

 

[oyarde]

Really. Explain the process.

I can only go by what I see , but pretty sure my office girl does not go to class often , and buys other stuff with some of the money , you can get more than what the class costs .

 

[tttppp]

I can only go by what I see , but pretty sure my office girl does not go to class often , and buys other stuff with some of the money , you can get more than what the class costs .

I'd like to know more. I could use tens of thousands in loans I couldnt get anywhere else.

 

[daviddee]

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