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I am the student loan crisis at its ugliest: I graduated and found out I have $200,000 in debt
Business Insider ^

Posted on 01/30/2016 7:31:23 PM PST by TigerClaws

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To: TigerClaws

As soon ad Trump is president, it should be mandatory that any institution receiving federal dollars provide each student with a PnL, Cash Flow and Balance Sheet for their institution.

Students need to be educated on the true cost of their education, which is bloated due to salaries and pensions.


61 posted on 01/30/2016 8:05:02 PM PST by Be Careful
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To: TigerClaws

How can anyone sign for loans and not have any idea how much they’re borrowing?


62 posted on 01/30/2016 8:05:26 PM PST by VerySadAmerican
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To: VerySadAmerican
How can anyone sign for loans and not have any idea how much they’re borrowing?

It's called 'being a Liberal.'

63 posted on 01/30/2016 8:06:49 PM PST by dfwgator
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To: TigerClaws

It’s the liberal colleges that are ripping the kids off..


64 posted on 01/30/2016 8:10:00 PM PST by GOPJ (If the FBI was investigating Cruz for espionage could Rubio call off the press like Sanders did?)
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To: kaehurowing

Did he put it all on the 50 credit cards he had since freshman year?

Great comment. Every class room used to have posters on the walls telling freshmen they could get a credit card with a thousand dollar line of credit.

The real problem is that the schools keep raising the prices so they can pay the tenured professors outrageous salaries. So, for the students to be able to attend the schools they have to make the loans large enough to cover the universities’ cost.


65 posted on 01/30/2016 8:10:04 PM PST by VerySadAmerican
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To: dfwgator
WTF is a "Bioethicist", and why do we need them?

It's someone who tells you that it's okay to kill tens of millions of little babies in the name of "choice." You need them so that you can point to an "expert" to justify your participation in mass murder.

And your "expert" will be someone who doesn't know how much debt they contracted to get the little piece of paper that says they're experts on ethics.

66 posted on 01/30/2016 8:12:32 PM PST by EternalVigilance
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To: TigerClaws

$200,000 in student debt. Yeah, not smart.


67 posted on 01/30/2016 8:14:31 PM PST by Twink
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To: USNBandit

LOL apparently.


68 posted on 01/30/2016 8:15:23 PM PST by Twink
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To: Bobalu

Obama promised that, too. Hasn’t happened yet and it won’t.


69 posted on 01/30/2016 8:18:13 PM PST by Twink
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To: donna

Exactly.


70 posted on 01/30/2016 8:19:34 PM PST by Twink
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To: dfwgator

“WTF is a “Bioethicist”, and why do we need them?”

Probably saw “Beetlejuice”, and thought he was studying to be a ‘bioexorcist’.

(Okay, sounds far-fetched, but this is a guy who put himself $200,000 in the hole, and didn’t even notice until the bills started to show up).


71 posted on 01/30/2016 8:21:31 PM PST by Stosh
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To: TigerClaws

This young man decided to go to a college with a very expensive tuition. Too many people care about the status of a college.

In my house, my sons were given this advice: NEVER go to a college unless you can go WITHOUT incurring any debt. That means you must either earn a full scholarship OR start out at an affordable county college and transfer later.

Unless Son#1 makes a mistake later, as of now, he’s on course to graduate from university with NO debt whatsoever, a nearly-perfect GPA, and a STEM degree. If he can’t find a STEM job after graduation, well, at least he won’t have any debt to pay.


72 posted on 01/30/2016 8:22:19 PM PST by Tired of Taxes
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To: TigerClaws
I don't really get. When I left college in the early 1970's I had about $6K in student debt. When I enlisted I got about $252 a month (after 2 years and being an E-3). I paid off my student loan using part of that then later part of my re-enlistment bonus.

That adjusts to $36K in debt now but still I did it. Many others did too. Why is it now such a crisis in an election year?

73 posted on 01/30/2016 8:22:43 PM PST by pfflier
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To: dfwgator
Bioethics is the study of the typically controversial ethical issues emerging from new situations and possibilities brought about by advances in biology and medicine.

Maybe Twelfth Century Tibetan Poetry would have been better.

74 posted on 01/30/2016 8:23:03 PM PST by SkyDancer ("Nobody Said I Was Perfect But Yet Here I Am")
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To: Buttons12

Your job and others are great and needed just as those with college degrees are great and needed.

Broad brush.


75 posted on 01/30/2016 8:24:15 PM PST by Twink
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To: dfwgator

They try to convince us it is OK to pull the plug on granny.


76 posted on 01/30/2016 8:24:36 PM PST by Gamecock ( Do not be afraid of those who kill the body but cannot kill the soul...Matthew 10:28)
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To: pfflier

Because Bernie wants free college.

The real problem is federally backed debt that can’t be discharged in bankruptcy.

The market would never support these absurd loans. But logs want to keep funding liberal colleges.


77 posted on 01/30/2016 8:24:41 PM PST by TigerClaws
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To: beaversmom

Ping to myself for tomorrow.


78 posted on 01/30/2016 8:24:49 PM PST by beaversmom
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To: BenLurkin

Bioethics is the study of the typically controversial ethical issues emerging from new situations and possibilities brought about by advances in biology and medicine.


79 posted on 01/30/2016 8:25:51 PM PST by SkyDancer ("Nobody Said I Was Perfect But Yet Here I Am")
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To: CurlyDave

If he works for the government for 10 years the debt is forgiven, not sarcasm.


80 posted on 01/30/2016 8:31:18 PM PST by VTenigma (The Democratic party is the party of the mathematically challenged)
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