I’m a 29-Year-Old With $235k in Student Debt.

reagansghost said:
no way, tuition fees for any halfway decent university are off the charts, even working a typical Trump-voter job like flipping burgers won't cut it..........they'd end up like those people you see at Reichstag rallies


the average cost of college for the 2017–2018 school year was $20,770 for public schools (in-state) and $46,950 for nonprofit private schools, only including tuition, fees, and room and board. Each year, school costs have continued to increase, even accounting for inflation.

https://www.valuepenguin.com/student-loans/average-cost-of-college
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How about just instituting price controls?

No college can charge more than $5000 a year for tuition. That goes for community college as well as Harvard.

Problem solved
 
Nomad said:
Higher education and health care have gotten so outrageously expensive average people can't afford either.

Some idiots will say "so what?" but what will happen to America when people stop going to college? What will happen to America when health insurance premiums get so expensive everyone stops buying it and just doesn't pay their hospital and doctor bills?

Something is wrong here and it needs to be dealt with.
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Let me guess? We need more gobblement to solve it right?
 
reagansghost said:
no way, tuition fees for any halfway decent university are off the charts, even working a typical Trump-voter job like flipping burgers won't cut it..........they'd end up like those people you see at Reichstag rallies


the average cost of college for the 2017–2018 school year was $20,770 for public schools (in-state) and $46,950 for nonprofit private schools, only including tuition, fees, and room and board. Each year, school costs have continued to increase, even accounting for inflation.

https://www.valuepenguin.com/student-loans/average-cost-of-college
Click to expand...

Around my area and maritime related fields you can make that easily in a season fishing commercially. Double that easy. There are others jobs like that out there also. May take a year or two longer but it would be paid for.
 
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PostmodernProphet said:
millennials spent tons of money to know something they can think about in their mother's basement......
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You can't expect a 18yo to understand fully what they are signing for when their ENTIRE LIFE has been prefaced on the idea of going to the most expensive college around. An idea YOU BOOMERS pushed no less! And still push!
 
Bobb said:
Paying back student loans is low priority for people. The interest is low and there's no collateral. So, people don't pay it back, while bitching about their debt.
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Wrong, they can garnishee your wages. Of course, the bankers made it so you cannot declare bankruptcy and start over.
 
I<3Possums said:
You can't expect a 18yo to understand fully what they are signing for when their ENTIRE LIFE has been prefaced on the idea of going to the most expensive college around. An idea YOU BOOMERS pushed no less! And still push!
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you must have me confused with someone who thought you should go anywhere near a college......
 
I<3Possums said:
You can't expect a 18yo to understand fully what they are signing for when their ENTIRE LIFE has been prefaced on the idea of going to the most expensive college around. An idea YOU BOOMERS pushed no less! And still push!
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Then they shouldn't be allowed to make decisions on their own and prohibited from moving out on their own.

As to your assertion of the "prefaced idea", that's going to need more then just an assertion.
 
I<3Possums said:
You can't expect a 18yo to understand fully what they are signing for when their ENTIRE LIFE has been prefaced on the idea of going to the most expensive college around. An idea YOU BOOMERS pushed no less! And still push!
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My parents (The Greatest Generation) pushed it on me when they paid $150 tuition for a semester.
My son went to school to be an FAA certified mechanic and paid for it himself while working part-time. I woulda paid but he wanted to be independent. In return we let him live at home while working and going to school.
He wears a navy blue jump suit to work with his name patch sewed onto the upper left side. Makes about $70,000/yr. and going up.
 
College was not designed to be an apprenticeship. Originally, gentlemen went to college to expand their horizons, learn history, logic, languages and learn about the world. They went to make connections with other special people like them. It separated them from the uneducated masses. They got well-rounded educations.
Now colleges are corporations trying to maximize profits off education. The cost has well-outstripped inflation. Higher education used to be affordable. Now millions of Americans have their futures inhibited by an educational mortgage.
 
reagansghost said:
in very real way the debt was foisted upon them

in this world of outrageously expensive higher education what would they do if not or the vultures crawling all over the student loan industry?

think before you post
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Tell it to your liberal bastions of indoctrination!
 
Gonzomin said:
When I was going to college it was 16 bucks a credit hour. You paid for your classes in advance or did not go. It was easily affordable. This problem has been created by corporations and banks who are looting higher learning students. If you believe the country is better served by having more citizens getting a higher education, you should make it affordable or free.
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Tell it to the liberal bastions of higher indoctrination!
 
reagansghost said:
in very real way the debt was foisted upon them

in this world of outrageously expensive higher education what would they do if not or the vultures crawling all over the student loan industry?

think before you post
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Bull shit.
anonymoose said:
My son went to school to be an FAA certified mechanic and paid for it himself while working part-time. I woulda paid but he wanted to be independent. In return we let him live at home while working and going to school.
He wears a navy blue jump suit to work with his name patch sewed onto the upper left side. Makes about $70,000/yr. and going up.
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The Failure to Launch in the OP makes $48,000 as a customer service rep and he lied about his age. Says he's 29, he's actually 38.
My son is 30, no student loans, owns his house (with a mortgage of course) and owns a 2 yr. old Toyota Tacoma paid for in full.
He also contributes every paycheck to his 401k.
 
Gonzomin said:
College was not designed to be an apprenticeship. Originally, gentlemen went to college to expand their horizons, learn history, logic, languages and learn about the world. They went to make connections with other special people like them. It separated them from the uneducated masses. They got well-rounded educations.
Now colleges are corporations trying to maximize profits off education. The cost has well-outstripped inflation. Higher education used to be affordable. Now millions of Americans have their futures inhibited by an educational mortgage.
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The democratization of higher ed is good though. People who go make more money. Sad that the ROI is greatly reduced by that cost.
Even annoysus benefitted. He attended Faber and came out the other side with a job. Imagine if not.
He'd be sleeping on a grate in a fetal position clutching a bottle.
 
anonymoose said:
Bull shit.

The Failure to Launch in the OP makes $48,000 as a customer service rep and he lied about his age. Says he's 29, he's actually 38.
My son is 30, no student loans, owns his house (with a mortgage of course) and owns a 2 yr. old Toyota Tacoma paid for in full.
He also contributes every paycheck to his 401k.
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This is what it all comes down to. Either you are fiscally responsible and realistic about finances or you were raised that way. One lives within their means. As things improve, you move up.
 
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