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To: napscoordinator

> So what. Getting an education is a good thing. Please don’t tell me that FREEPERS are anti- college education now all of a sudden.

Not anti-college education, but there needs to be some common sense applied.
Case in point: A friend’s daughter recently graduated from a university with a 4 year degree in performing arts and $211,000 in loans over her 5 year term of learning.
She currently earns $13/hr. How will she ever pay this off?
Answer. She won’t. In a year or two, she will default on these loans and we will pick up the tab in higher fees and taxes.


14 posted on 12/20/2010 9:12:24 AM PST by BuffaloJack (The Recession is officially over. We are now into Obama's Depression.)
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To: BuffaloJack

RE: She currently earns $13/hr. How will she ever pay this off?

Won’t she ever be promoted from her job or move to another one once she gains experience and eventually earn much more than that ?

After all, Everyone needs to start somewhere... Didn’t most of us start from the bottom once in our lives?

Just asking...


16 posted on 12/20/2010 9:20:24 AM PST by SeekAndFind
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To: BuffaloJack; napscoordinator; SeekAndFind; whitedog57; Soothesayer; businessprofessor
Don't shoot me in the face for this, because I am just thinking out loud here... I get all the self-improvement stuff and that's great. When I retire, I will probably go back to college to study art or music or history for the sheer joy of it, however, I would not expect to get a grant or school loans from the Govt or a Bank to finance it. I mean, obviously, a 70+ year old man is not going to pay back $100k in loans... so the taxpayer or shareholders will eventually pick up the tab for my “self-improvement”. So how about this, no grants or loans for for liberal arts. Only for hard science, medical, engineering, MBA, etc. The exception, of course, would be in schools like Juilliard, that have very strict entry policies with limited enrollement and produce only the best artists. Food for thought.
38 posted on 12/20/2010 10:04:08 AM PST by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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