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re: Are student loans (for undergrads) trashy?

Posted on 7/9/18 at 7:45 pm to
Posted by IllegalPete
Front Range
Member since Oct 2017
7182 posts
Posted on 7/9/18 at 7:45 pm to
quote:

It's all a house of cards. Much like other leveraged facets of our so-called economy, it will come crashing down. We're a bought on credit broke arse smoke and mirrors nation if there ever was one.





And as long as parents keep saving $100k in college funds and kids keep taking out $100k in college loans nothing will ever change.

We have almost reached the point where going to community college for 2 years and then transferring to a state school is the smart/responsible/forward thinking route.

Parents spending or kids borrowing $100k for a worthless undergrad degree is trashy as frick.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65974 posts
Posted on 7/9/18 at 7:54 pm to
quote:

We have almost reached the point where going to community college for 2 years and then transferring to a state school is the smart/responsible/forward thinking route.



Know a family whose son skipped the traditional engineering school route and enrolled at Lamar Inst. of Technology in Beaumont for process tech. Finished in 18 months, less than 10k total tuition. Works at a plant making about 70 or 80 apparently. He's 66% faster to market than other grads. No debt. It was a brilliant strategy and they don't care if he didn't go to a major university.

Anchoring shite doesn't make the issue go away...
This post was edited on 7/9/18 at 7:56 pm
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