I can see a storm brewing.
1 posted on
01/28/2003 12:53:56 PM PST by
vannrox
To: vannrox
At least when my generation got a bad education, it was cheap...
2 posted on
01/28/2003 1:02:02 PM PST by
pabianice
To: vannrox
And as college tuition has climbed, so has the number of students who borrow to help pay for it.Perhaps, putting cause before effect, that should have been:
As the number of students who borrow to pay for it, college tuition has climbed.
4 posted on
01/28/2003 1:24:33 PM PST by
Voltage
To: vannrox
"In their trek through college and beyond, student borrowers now amass an average of $27,600..."
I've got about three times that, and you don't hear me complaining. Of course, college would not be so expensive if everybody and their dog were not able to borrow at low rates thanks to the FedGov's student loan programs.
5 posted on
01/28/2003 1:38:29 PM PST by
Henrietta
To: vannrox
The thing I don't like about student loans is that they usually send you an additional $3000 or $4000 above paying for tution. To any young college student this is free money, that they don't have to worry about paying back. These people don't realize how fast it adds up to owing a large amount of money. My old roommate had this problem.
6 posted on
01/28/2003 1:38:37 PM PST by
cpprfld
To: vannrox
Conspicious by its absence is any mention of the type of degree. If a person spends 5 or 6 years getting his degree in black studies or a BA in history they are going to have a very difficult time using their education to further their careers. If however they get a degree in computer science, chemistry, physics, business, accounting or any 'useful' discipline, they will have a much greater probably of increasing their income potential enough to pay back the loans. (It worked for me)
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