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Want to know why we have a student loan problem in this country?

Posted on 2/27/17 at 12:42 pm
Posted by anc
Member since Nov 2012
18004 posts
Posted on 2/27/17 at 12:42 pm
This is being handed out to high school students. Affordability at #10. No way it shouldn't be in the top three.

Posted by LSU Coyote
Member since Sep 2007
53390 posts
Posted on 2/27/17 at 12:43 pm to
It doesn't say this is a list sorted by priority.
Posted by Covingtontiger77
Member since Dec 2015
10188 posts
Posted on 2/27/17 at 12:45 pm to
Better yet...some parents need to be informed that not all students should go to college.

The stigma attached to trade schools for high skilled labor has caused the watering down of the value of an undergraduate diploma and depleted the nation's workforce.



This post was edited on 2/27/17 at 12:47 pm
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41066 posts
Posted on 2/27/17 at 12:46 pm to
Affordability I lay at the feet of the parents. There is no way my kid is going to a school that either he nor I can afford based off what the degree will be in.
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 2/27/17 at 12:46 pm to
Should be:

What is the Return on investment?
What is the cost?
Is it located in a major market for my chosen major?

Others are pointless.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 2/27/17 at 12:46 pm to
quote:

Want to know why we have a student loan problem in this country?


It's because people have totally bought into the idea that the only way to success is through a college education. Therefore, folks who would have went into the trades 40 years ago now feel obligated to get a 4-year degree. They often pick majors which don't lead to gainful employment.

We have to somehow change the mindset that the only people who should be considered for many professional jobs must have 4-year degree. Many of the people I have ever worked with could do their jobs without a formal education, so why should they be asked to absorb that cost?
Posted by idlewatcher
County Jail
Member since Jan 2012
78912 posts
Posted on 2/27/17 at 12:48 pm to
Should ability to pay not be a consideration? Not everyone can be on scholarship.

Also, where did your avatar go? Mine got 86'ed :/
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 2/27/17 at 12:49 pm to
We could have a drop off of 50% of available college graduates and not notice it in the job market.

We're approaching law school levels of over saturation.
Posted by rebelrouser
Columbia, SC
Member since Feb 2013
10576 posts
Posted on 2/27/17 at 12:50 pm to
Yeah, that one list is the problem.
Posted by roadGator
Member since Feb 2009
139780 posts
Posted on 2/27/17 at 12:51 pm to
quote:

Affordability I lay at the feet of the parents. There is no way my kid is going to a school that either he nor I can afford based off what the degree will be in.


I'm about to face this with a $160k degree from an art school.

I think I mention "hell no" 3 times a week just so I am clear on my position. At this point, everyone knows what I am referring to when I randomly scream out "HELL NO".
Posted by Centinel
Idaho
Member since Sep 2016
43318 posts
Posted on 2/27/17 at 12:51 pm to
quote:

We have to somehow change the mindset that the only people who should be considered for many professional jobs must have 4-year degree. Many of the people I have ever worked with could do their jobs without a formal education, so why should they be asked to absorb that cost?



So much this. It blows my mind how many clerical and admin type jobs require college degrees now. Even in my line of work (cybersecurity), college degree requirements are asinine. I'll take a kid with a few certs and a couple years in IT under his built ANY day over a fresh college grad, with the possible exception of a computer science or computer engineering major. Even then the kid would have to prove they know their stuff.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 2/27/17 at 12:52 pm to
quote:


What is the Return on investment?


You name a degree and there are wealthy people in this country that have it.

You earning potential has way more to do with work ethic, motivation, personality, and other things that you don't learn in a classroom.

quote:

Is it located in a major market for my chosen major?


Not sure why this would matter. If you permanently live withing 100 miles of where you went to college then you are the exception, not the rule.
This post was edited on 2/27/17 at 1:59 pm
Posted by BulldogXero
Member since Oct 2011
9762 posts
Posted on 2/27/17 at 12:54 pm to
Proud graduate of a community college here. You save a ton of money going that route. In particular, tuition was free for residents of my county. That said, students on scholarships were fricked as they only paid what if anything the scholarships couldn't cover.

End result is lazy assess got into college for free but those who earned scholarships had to put their scholarship dollars toward tuition
This post was edited on 2/27/17 at 12:58 pm
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45707 posts
Posted on 2/27/17 at 1:03 pm to
quote:

tuition was free for residents of my county.
Freeloader. Taxpayers paid for that, right?
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67482 posts
Posted on 2/27/17 at 1:04 pm to
quote:

Want to know why we have a student loan problem in this country?

Bc the Government is involved?
Posted by BulldogXero
Member since Oct 2011
9762 posts
Posted on 2/27/17 at 1:05 pm to
quote:

Freeloader. Taxpayers paid for that, right?



A private foundation I believe. They also gave city school kids free laptops.

Hey though, I had band and ACT scholarships, so I did not benefit at all.
Posted by The Pirate King
Pangu
Member since May 2014
57612 posts
Posted on 2/27/17 at 1:09 pm to
We have student loan problems because we have people graduating (or not) with useless degrees in a field with no way to pay it back, especially with interest.

Couple that with declining work ethic and drive and you get what we have now.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89480 posts
Posted on 2/27/17 at 1:18 pm to
quote:

Better yet...some parents need to be informed that not all students should go to college.


And the time to do this is in middle school, to be 100% honest. No reason to waste time in a college prep secondary education program, when the child needs to prepare - full time - for a vocation/trade and life.

"Tracking" shouldn't be a bad word. It's smart and efficient.
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 2/27/17 at 1:47 pm to
I get that you want to be contrarian here, but you're making the implication that a person of average ability has the same earning potential from any college degree from any school. That simply isn't the case and I'm sure you're about to clarify.

Secondly, location is relevant when considering what industry you want to work in. If I want to work for the tech industry, I'm going to want a school near San Fransisco where I can make the most of my school's network. If I want to work as a petroleum engineer, I pick a school near Louisiana or Texas. If I want to work in banking, I probably pick a school on the east coast.

Posted by NIH
Member since Aug 2008
112553 posts
Posted on 2/27/17 at 1:51 pm to
quote:

with useless degrees in a field with no way to pay it back,


this is such a dumb meme. the economy has rendered most undergrad degrees "useless" save for a handful of degrees. i don't know one gender studies major or whatever the plant workers like to believe people major in. most people will have to go to grad school to enter the professional workforce, or hell even to move up in most cases you need a 2nd degree.
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