Quote:
Originally Posted by Knightia
They know what the loans cost before hand - why the big suprize at the end?
They know what those morgages cost( or should) why the big suprize?
My mmate put herself threw nursing school- living & working at the teaching hospital while going to the university part time- no one including her parents gave her a dime( she helped them out a bit,even though her dad had a real good paying job)
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I'm going to play 'devil's advocate' and say that in the case of student loans, some observations:
1: no loans for liberal arts degrees...what jobs are to be had with
one of these ?
2: even with some of the more popular degree programs, the
availability of entry-level jobs can be quite low so, for instance,
for graphic artists or web-programmers, the pay for these
recently expatriated jobs is quite low...certainly low enough to
present great hardship once the 'bill comes due' on those loans
3: a great number of colllege programs are money-makers with no
real payoff for the graduate. For instance, why would I pay
$160,000 for a degree in 'Latin American culture' ? There is no
shortage of native Spanish-speaking people here, there is no
such thing as 'latin america' if you really wanna know...that's
OUR construct of the lands south of us...each of those 'latin
american' countries is separate and distinct with it's own
history, customs and in many cases, it's own indigenous people.
Yet, kids line up for the loans...for jobs that MIGHT pay out
40-50k. How does a kid graduating from Georgetown with
huge colllege loan bills, maintain a lifestyle in D.C. without
defaulting ?
Fact is, that a college education is now seen as 'mandatory', when it never was before. Certainly, many companies will not even consider hiring an un-degreed candidate fostering the necessity for university. So these loans are becoming considered as part of the cost of living so people can transition from dependency to self-sufficiency. They are taken 'matter of factly' and in many cases, people say 'they can't get blood from a stone' so if I can't find a job, how can they compel me to pay anything if I don't have anything ? It's a topsy turvy world we live in now....there was actually a time when kids did not go to college and just went to work. But then, there were more low-level and/or entry-level jobs to take....at least it seems that way.