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To: Hojczyk
A couple I know who are both around 50 years old are still paying off their student loans for their master's degrees. They have two kids who will soon be entering college. How will they pay? More student loans. At this rate, this hardworking middle class couple can expect to be working and paying off student loans well into their 70’s and maybe 80’s.
9 posted on 06/30/2015 8:48:28 AM PDT by Nevadan
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To: Nevadan

The Democrat Party has never before in it’s history been in a more advantageous position to buy votes.

And that is really saying something.


22 posted on 06/30/2015 8:54:25 AM PDT by Buckeye McFrog
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To: Nevadan

The kids should be on their own for college debt, NOT expect their parents to pay for something they can’t afford.


23 posted on 06/30/2015 8:55:49 AM PDT by Patriotic1 (Dic mihi solum facta, domina - Just the facts, ma'am)
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To: Nevadan
"A couple I know who are both around 50 years old are still paying off their student loans for their master's degrees."

Sounds like a relative working on a nurse practitioner degree. $50K cost for a job that will pay less than what he is making now. There will be some positive trade offs in job safety and family life, but the economics do not make sense.

33 posted on 06/30/2015 9:09:15 AM PDT by buckalfa (I am feeling much better now.)
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To: Nevadan
A couple I know who are both around 50 years old are still paying off their student loans for their master's degrees. They have two kids who will soon be entering college. How will they pay? More student loans. At this rate, this hardworking middle class couple can expect to be working and paying off student loans well into their 70’s and maybe 80’s.

My guess is that they didn't initially go to a community college before finishing their undergraduate degree at a 4 year university. Instead, they borrowed money to go all 4 years at the University.

I further assume, instead of entering the work force after getting their degree, and going for their masters one or two classes at a time at night, they went fulltime for two years, and once again, simply borrowed the money to go fulltime.

So now they have the benefit of their education, and if they are bailed out, it does two things. One, it rewards their stupidity (and maybe laziness) for borrowing all the money in the first place. But two, it would reward them with the education and the corresponding earning power of obtaining the degrees, without having to pay for them. Someone explain how that is equitable in our current system.

67 posted on 06/30/2015 10:06:39 AM PDT by Go Gordon (Barack McGreevey Obama)
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To: Nevadan

Why do the couple you speak of feel obligated to pay their children’s student loans?


77 posted on 06/30/2015 12:01:14 PM PDT by Bigg Red (Let's put the ship of state on Cruz Control with Ted Cruz.)
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