General Discussion

Myrina

(12,296 posts)

6. ... I took out $30k of loans in the 90's as a single mom ...

Reply to Fire Walk With Me (Original post)

Thu Aug 15, 2013, 03:21 PM

Aug 2013

... deferred them for a couple years after I graduated 'til I got a decent job & onto firmer ground and even making payments, I owe now just about as much as I did when I graduated. Thanks, exorbitant interest rates.

This, in my mind, is the "bill that I will never finish paying". Kinda like eletric/gas/water bills every month.

It's not just current college students who have been/are being financially raped by this industry.

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Matt Taibbi: Ripping Off Young America: The College-Loan Scandal [View all] Fire Walk With Me Aug 2013 OP

I paid for 4 years of college (private) way back when which wouldn't even joeybee12 Aug 2013 #1

the young need to start voting consistently in large numbers tabbycat31 Aug 2013 #2

I'm not sure the young are fooled by the corporate-owned government and political parties. n/t Fire Walk With Me Aug 2013 #3

no matter how cynical they may get, they should still always vote... Blue_Tires Aug 2013 #14

I really wish that more college students and their parents SheilaT Aug 2013 #4

Oh yes, forget about being a creative thinker - go to school to be a Dental Assistant. It's cheaper. Myrina Aug 2013 #7

Yes, because creativity can only come from a degree. JoeyT Aug 2013 #10

Dental assistants can't be creative thinkers? SheilaT Aug 2013 #20

This message was self-deleted by its author HangOnKids Aug 2013 #27

fuck that shit. if you want to get an advanced degree and have the mental ability, do it! Pretzel_Warrior Aug 2013 #15

you have to be able to pay for it... ProdigalJunkMail Aug 2013 #17

well, we shall see. I got an undergrad business degree from state university and owe Pretzel_Warrior Aug 2013 #22

but what happens when you blow $50K (or more) ProdigalJunkMail Aug 2013 #24

there is nothing wrong with it as long as a person is committed to paying it back Pretzel_Warrior Aug 2013 #25

that's $650/ month... without any interest... ProdigalJunkMail Aug 2013 #31

So, if college students only take courses that "lead to jobs," what happens JDPriestly Aug 2013 #18

What I'm trying to point out is that SheilaT Aug 2013 #23

Not if you have children. JDPriestly Aug 2013 #38

Get the education first, incur tens of thousands of dollars of debt, SheilaT Aug 2013 #39

What you said Agony Aug 2013 #34

K & R !!! WillyT Aug 2013 #5

... I took out $30k of loans in the 90's as a single mom ... Myrina Aug 2013 #6

I wonder what academia thinks. Puzzledtraveller Aug 2013 #8

Have you looked at the salaries of college administrators recently? JDPriestly Aug 2013 #19

College administration is an emerging area of "elite compensation." chimpymustgo Aug 2013 #35

True. True. JDPriestly Aug 2013 #37

We are involved... a la izquierda Aug 2013 #36

how are we supposed to compete in a global market? Skittles Aug 2013 #9

While the article is correct, there's much more to it.... PRIVATE STUDENT LOANS groundloop Aug 2013 #11

in state community college tuition+fees... $2100 / semester for 15+ hours ProdigalJunkMail Aug 2013 #12

A lot of those buildings are done to attract donations from wealthy graduates and friends JDPriestly Aug 2013 #21

In California, at least, community colleges are so overcrowded, er, "impacted" KamaAina Aug 2013 #28

I am glad he called out "bullshit degrees." joeglow3 Aug 2013 #13

That's not what the guy meant by "a degree in bullshit". KamaAina Aug 2013 #29

You need to read a few paragraphs further joeglow3 Aug 2013 #30

Much like our whole medical industry 'crisis'..... Wounded Bear Aug 2013 #16

+1 leftstreet Aug 2013 #26

This message was self-deleted by its author warrprayer Aug 2013 #32

College education should be free. gulliver Aug 2013 #33