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Student Loan Debt: Who Are the 1%? (Those with the most debt have graduate degrees)
New York Times ^ | 12/03/2011 | Judith Scott-Clayton

Posted on 12/03/2011 8:50:46 AM PST by SeekAndFind

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To: GOPJ

Your suggestion below is an excellent one, and it would start to eliminate a big problem re student loans and growing college costs in 10 years and probably turn our colleges/universities around in 20 years.”

“Have colleges make student loans - and be paid back with a percentage of what the student makes in the first 20 years after graduating. The ‘basket weaver’ major pays back almost nothing for a worthless degree... The enginering student pays back much more...

The result would be colleges taking an interest in their students well being rather than running the school for the glorification of puffed up liberal professors.”


41 posted on 12/03/2011 12:04:11 PM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: GOPJ

Your suggestion below is an excellent one, and it would start to eliminate a big problem re student loans and growing college costs in 10 years and probably turn our colleges/universities around in 20 years.”

“Have colleges make student loans - and be paid back with a percentage of what the student makes in the first 20 years after graduating. The ‘basket weaver’ major pays back almost nothing for a worthless degree... The enginering student pays back much more...

The result would be colleges taking an interest in their students well being rather than running the school for the glorification of puffed up liberal professors.”


42 posted on 12/03/2011 12:05:54 PM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave

Wait-a-minute... his PARENTS are paying off his loan? He’s a tenured professor and his PARENTS are paying off his loan??? Oh, man, spare-rod-spoil-child-chickens-home-roost-reap-sow bump!! Sad, sad, sad. But they should have weaned him a little earlier, eh?


43 posted on 12/03/2011 12:46:40 PM PST by A_perfect_lady (Islam is as Islam does.)
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To: Clintonfatigued

I fully agree; too many colleges and universities have so many other additional courses that just distract the students and then end up (if you can believe it) just being more bureaucratic fluff that exists to glorify the professors and give them all that much more pointless influence over your future.


44 posted on 12/03/2011 1:41:42 PM PST by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: pepsionice

>>There was basically nothing that he learned from this business class, and he challenged the counselor to explain the necessity...with the only response as “mandated”.

I suspect that the colleges are geared toward making cash in the<<
The difference between colleges and Universities and trade schools is that colleges are supposed to (emphasis on supposed) create people who are well-rounded. I am very glad that when I got my business degree I also had courses in fine arts, law, literature, social studies, history, etc. They DID make me a more rounded individual and stoked my thirst for knowledge.

If you want to take courses for a particular craft, go to a trade school.


45 posted on 12/03/2011 1:58:57 PM PST by freedumb2003 (Spoiler Alert! The secret to Terra Nova: THEY ARE ALL DEAD!!!)
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To: A_perfect_lady
! Sad, sad, sad. But they should have weaned him a little earlier, eh?

"That is sooo true!"

46 posted on 12/03/2011 2:03:50 PM PST by freedumb2003 (Spoiler Alert! The secret to Terra Nova: THEY ARE ALL DEAD!!!)
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To: A_perfect_lady

Yep, it is sad, but his parents don’t have him home in their basements.


47 posted on 12/03/2011 3:09:14 PM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: EEGator

Good point. And going into debt for “prestige” is particularly ironic at the graduate level, since no amount of ivy on one’s office building will make up for doing good, conscientious research.


48 posted on 12/03/2011 7:04:59 PM PST by sthguard (The DNC theme song: "All You Need is Guv")
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