[quote=squat250]We don’t want anyone chained for life to debt…other than people who tried and failed to get ahead thru schooling?[/quote]
I understand what you’re trying to say here, scaredy. But there are many options for post-secondary “schooling” that do NOT require taking out exorbitant student loans.
There is ROP thru the CC’s (to learn to be a well-paid HVAC mechanic), for example; there is an Associate in Accounting which will allow one to be a well-paid payables/receivables or payroll specialist; there is a 9-18 month CC course (or <=$10K for a "private" school) to be a "medical assistant" or other medical or dental specialist; and, there is a bachelor degree at SDSU while living with parents to obtain a degree in various business fields while participating in a "work-study" program. The list is endless. Where I live, the most established realtors put their family members on staff whilst they simultaneously prepare them for state licensing. They work as receptionists, open-house sitters and even transaction coordinators for the successful agent/broker.
There are so many ways to make money in lieu of spending the better part of a decade in school FT incurring debt that will take a lifetime (or MORE, lol) to pay back.
Those students who elected to take on this exorbitant debt made poor choices when they had other, more feasible alternatives at their disposal. Sometimes a student needs to forego their pie-in-the-sky "dreams" of what they "think" they might want to do for a living and revise them to a more realistic and attainable goal. That's how life is. We all can't be celebrities.
