Placing the Blame as Students Are Buried in Debt

Quote from 1prometheus:

the egalitarians got it dead wrong once again:

They figured if "everyone" went to college, "everyone" could boost their income at once.

Of course, by putting all these low IQ individuals in college, ALL they have succeeded in doing is devaluing a college education. With grade curving and grade inflation, even a 4.0 means next to nothing at many schools.


This is exactly it! They made it so easy to go to college with anyone being able to get a student loan, its silly. If we just did away with student loans and federal grants we would see the cost of education go down.
 
Quote from wilburbear:

I got an MBA from a top 25 school. I use 5 or 10% of this knowledge in my daily work. I'll bet others would say the same thing.

College is not worth the price. It only certifies that you've jumped through the right hoops.

How many trillions of man hours and trillions of dollars have been wasted in education? Do the educators really care? No.

You know I agree with most of what you say. But college does weed out the flakes atleast from a 4 year. I have a Sociology degree and did social work but the pay was shiite. I realized to get an MSW would be 45k minimum and I would only make 50k so I said forget it. I got lucky and got into business and did well for myself. I really enjoy Econ now but at the time I couldn't stand Macro Micro Econ at community college.

Now I try and tell my sister not to finish her Anthropology degree. Atleast go English major its a bit more practical since she has enough credits for both. And we both went to UC were tuition isn't bad. But yes there were ppl. getting degrees in Women's Studies. Hell we have a friend who is very religious that has a Masters in Theology from Seminary and he is a short order cook. How about all those BS technical schools that charge and arm and leg to fix cars. We should go the vocational track like Europe. You don't test well by high school you learn a vocation.
 
Quote from Wayne Gibbous:

"Religious and women's studies???" OMFG

WTF do you do with a "Religious and women's studies" Degree? Out of EVERYTHING she could have picked..I mean seriously?
 
Quote from 1prometheus:

the egalitarians got it dead wrong once again:

They figured if "everyone" went to college, "everyone" could boost their income at once.

Of course, by putting all these low IQ individuals in college, ALL they have succeeded in doing is devaluing a college education.

As part of my education I tutored and all I can say is thank you. Why? I had no idea about the spectrum of ability. There were some people who found the mathematics of flipping burger challenging.

Reminds of that alzheimer's joke ....at the local Alzheimer's society club, they liked my first joke so much I told it again and again and again. In fact I told it 26 times. After the show, this old bloke said to me, "I don't know how you remember them all!"
 
banks made a stupid loan due to govt backstops. pull the govt, let the student default, and the bank gets theirs for years of riskless reward. Done. Now never do it again.
 
Quote from konviction:

WTF do you do with a "Religious and women's studies" Degree? Out of EVERYTHING she could have picked..I mean seriously?

lol studying the two most illogical things on the planet.
 
Everyone should have a college degree.
Everyone should have a home.
Ring a bell anyone?
The whole mess started with the G.I. Bill after WW2.
College facilities expanded to meet enrollment needs. It was a bubble that had to be refilled. JMHO
 
Quote from Clubber Lang:

http://finance.yahoo.com/college-ed...udents-are-buried-in-debt?mod=edu-collegeprep

Like many middle-class families, Cortney Munna and her mother began the college selection process with a grim determination. They would do whatever they could to get Cortney into the best possible college, and they maintained a blind faith that the investment would be worth it.

Today, however, Ms. Munna, a 26-year-old graduate of New York University, has nearly $100,000 in student loan debt from her four years in college, and affording the full monthly payments would be a struggle. For much of the time since her 2005 graduation, she's been enrolled in night school, which allows her to defer loan payments...

Her best option now is to find herself a wealthy husband who will make the loan disappear.
 
Quote from Trader7793:

A lot of women with debt like that become escorts...if they look good, they can pay back that $100k in debt in a few years.

If thats true, then that means the United States breeds a nation of college educated whores. So the question is...if they can make that kind of money being whores in the first place...why go to college? I thought women go to college so they DONT have to be whores, not go to college and then have to be whores.

What sick bizarro world are we living in today???
 
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