i predict we’re going to have to bail these people out. once a critical mass of americans do something idiotic, it becomes politically expedient to bail them out and blame the companies for greed. this is a direct response of the government providing unlimited loans to anyone
cancel the debt, and move towards free colleges.
U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
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Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#22Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#23But I thought the more a degree costs the more it magically increases lifetime earnings?
Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#24i predict we’re going to have to bail these people out. once a critical mass of americans do something idiotic, it becomes politically expedient to bail them out and blame the companies for greed. this is a direct response of the government providing unlimited loans to anyone
cancel the debt, and move towards free colleges.
Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#25But I thought the more a degree costs the more it magically increases lifetime earnings?
Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#26i predict we’re going to have to bail these people out. once a critical mass of americans do something idiotic, it becomes politically expedient to bail them out and blame the companies for greed. this is a direct response of the government providing unlimited loans to anyone
Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#27i predict we’re going to have to bail these people out. once a critical mass of americans do something idiotic, it becomes politically expedient to bail them out and blame the companies for greed. this is a direct response of the government providing unlimited loans to anyone
Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#28Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#29But I thought the more a degree costs the more it magically increases lifetime earnings?
Re: U.S. Student Debt in ‘Serious Delinquency’ Tops $166B
#30Education is important. Access to education is important. But our current system of giving out student loans with no regard to if the student will ever have a realistic ability to repay borders on predatory. If we can't do anything to solve that portion of the problem, we should at least restrict the mandatory fees that are tacked on for non instructional purposes. No student should have to pay for decades to prop up…
Students that got in would go through a dense cursur and be viewed as higher intellect for the work market. With years (at least in France) there was a desire to make everybody get a higher education degree, but often by relaxing barriers of entry. You get more students but less good ones, the market is saturated by mild masters degree, not enough jobs, they trickle down (sic) and cause degree inflation (post office summer positions required 2-3 years diplomas, not rare to see a 5y college student working there).
At the same time what used to be a simple way to absorb people's need for a job is a bit comatose, simpler hands on jobs (which value was seen as less at the era of Master's degree or nothing) were nice to let people find a salary without much hassle.
I remember a tv host saying he went to Paris without anything and got a job by almost knocking at the first door he saw..