I have a son who is completing his residency to become a doctor. He has
enormous debt because no one in the family had the capacity to pay his fees. At
this point he wishes there was no burdensome debt. Who wouldn't. At the
same time, without the loan there would be no education or degree or profession.
Thank heaven for a system that provides for the less affluent to rise to
positions where they can make a contribution. We are all better off.No one is forced to accept student debt. Most, if not all, rejoiced when they
were approved for the loan.
Imagine if we had spent $2 trillion to educate our kids rather than toss it into
a toilet in the middle-east.
Utah schools have some of the lowest tuition rates found in the country. With a
four year degree costing somewhere around $25,000, there is very little reason
for our students to take out "massive debt". I have a hard time
understanding students who go to schools where tuition is $20,000 per year or
more resulting in high debt upon graduation, when such good, lower-cost
alternatives are available. I hope students and parents look carefully at what
that extra debt buys them.By the way, thank you state legislators
for pretty generous support of higher education in Utah.
Since my husband and I are still suffocating under crushing debt from our
college years, we're strongly encouraging our children to find ways to
avoid it. Live at home, go to school part-time, work full-time,
major in something that will actually lead to a job, etc. We have
one son old enough for college, but he's working full-time instead because
he doesn't know what to major in, and he doesn't want to spend time in
school until he does. Another child is taking practical courses at a technology
center so he can have a decent job when he later goes to college. A daughter
earned her CNA so she has steady work while she pursues her education.I'm also encouraging my children to pursue careers that will always be
needed: plumbing, electrician, HVAC repair, etc. A college degree is a wonderful
thing . . . as long as you're not still paying for it 20 years later. Then
it's a living nightmare, I know.
Don't expect to get a decent paying job with a degree in basket weaving
(e.g., english, history, political science, dance, art, geography, philosophy,
journalism), those days are over. In a related matter, many with the
aforementioned majors, unable to get a job, end up entering law school. Our
society needs more lawyers like it needs more parasitic disease.
Kudos to FreedomFighter41's comment
I see articles like this every so often, I think somebody has an agenda.
Enrolments are up in most colleges out West. If "Americans are not
sold", then they have a strage way of showing it. Having a college education
is still much better than the alternative, so there must be something good about
it.I read once, "If you think education is expensive, try
It would be interesting to know what the respondents thought the debt would be.
With Pell grants, graduation from a state college or university (or BYU) need
not generate tremendous debt. An article in this newspaper last year said that
the average Utah college graduate has less than $18,000 in student debt.
Why go into debt to get an education for a high paying job when you can sit home
on welfare and let the government support you? That seems to be the pervasive
attitude of the young today. I got student loans, and worked my way through
college. Now my loans are paid off and I'm heavily taxed to support the
Obama generation. This country is in definite need of an attitude change away
from the liberal left.
I have a problem with the charts used to explain the poll results: Male (what
about the females?) Lower income (where is the balance?) and high school
education (no college or partial college) this would lead people to assume that
those who feel that college isn't worth the ENORMOUS student debt are
somehow not to be regarded legitimately.But I feel it is a legitimate concern.
Ours is the only industrialized nation that is bringing generations of young
people out of college into an immediate indentured servant-hood of debt. They
postpone starting a family or buying a home; many must go back to live with
their parents because they can't find the jobs that they went to college
for. Meanwhile, in European nations, students graduate without such debt, can
participate in the world and live a decent lifestyle. How will our graduates be
able to compete on the global level?
Imagine what colleges could do if they didn't pay their football coaches a
Students need to do an honest risk assessment before incurring debt. If a
particular degree will help secure a high-paying job, and there's a
reasonably good chance that you will actually get such a job once you have the
degree, then it's probably worth borrowing some money. If you're
hoping to get a degree in a field where there's no obvious career path and
where recent graduates are earning modest salaries (or less-than-modest
salaries), it would be best to find a way to earn the necessary qualifications
without debt, or to rethink your choice of degree/career. We probably all know
someone who borrowed unwisely for school and is now at the mercy of their
creditors.There are lots of ways to get employable skills without
borrowing excessive sums of money. College is certainly not the only option, but
even college (including graduate school) can be affordable if students prepare
well, work hard, and weigh their options carefully.
What Americans ought to be convinced of is that governments are reducing
investment in state colleges--which is the main cause of tuition rise. While I
agree with Ordinary Guy, that student loans enable poor kids to attend college,
it is in society's best interest that intellect, talent and hard work are
not thwarted by poverty. Lack of regulation in how landlords can
abuse students is also a huge contributor. BYU is exemplary, on that score,
because they have standards for that protect students.Possibly the
greatest cause of these problems is that America doesn't care. DN has more
articles on its web site about sports, reality shows and Disney trivia than they
do about the important issues that face our nation today. Is it any wonder that
the government paid for everyone to keep tuned in, when tv went digital? Gotta
catch those political ads and keep the entertainment "opiate of the
people" blaring loud and clear so that people won't pay attention to
"the man behind the curtain."
Pipes, you say you are heavily taxed. Compared to whom? Compared to when?