Outrage! How Student Loans Are Destoying Us

You can google some site called Defaultdocs.com and check all the Doctors who have defaulted on their loans. There will come a time when nobody will want to be an engineer, doctor, dentist, lawyer, scientist in this country because of the cost of tuition. Meanwhile in China education is free and much cheaper in  Europe.

 
It is one those things where you have to look at the pricing of each school. Does it pay to get a private university education or go public? That was many things I asked myself. I only had 5,000 in loans which some of yawl would die to have that amount.I got an associates degree in a trade (refinery) and made $60,000 at bottom pay at less than half a year.  

 
JustChiilin said:
yea this is a unfortunate situation with the amount of $$ in student loans in default this could one day turn into the next crisis as the housing loans a few years back. Maybe not as bad but nevertheless...   Not even sure what a college degree gets you nowadays unless it's a specialized skill that is in high demand. Regardless whatever salary you make coming out of college it's going to take a long time to pay back
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My husband went to trade school (plumbing) and about 3 years later was making 120k plus unbelievable benefits. California unions were insane! Now, new state, no union, no 120k. But still, this is a great way to get a career without going into any serious debt.

 
Education is for the rich and upper middle class. That is why people who are born into poverty will probably never have that opportunity and will live and die in poverty in the richest country(outside the Arab states) in the world.

Sad.

There has to be other options in the US to make enough money to support a family with an occupation that does not required a college education.

 
headbanger said:
Education is for the rich and upper middle class. That is why people who are born into poverty will probably never have that opportunity and will live and die in poverty in the richest country(outside the Arab states) in the world.

Sad.

There has to be other options in the US to make enough money to support a family with an occupation that does not required a college education.
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Become self-employed, or get an education, and "work for the man"...I would choose option #1..Pell grants are still available for free, and I went to college for 2 years, and didn't pay a dime out of pocket, so there are still options available for college...You don't have to be rich or upper class to make it in this country..

 
2earls said:
My husband went to trade school (plumbing) and about 3 years later was making 120k plus unbelievable benefits. California unions were insane! Now, new state, no union, no 120k. But still, this is a great way to get a career without going into any serious debt.
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that is the way to go! If you get a education now a days it pays to go into a specialized skill to get a job. Can't just go to school and get a general Liberal Arts degree , History Degree etc..

 
My brother in law is a Gynecologist, and owes thousands, but says he doesn't give a shit, cause he gets to look at Vag all day!!

Sick Pervert! /default_rolleyes.gif

 
yellowbelly said:
My brother in law is a Gynecologist, and owes thousands, but says he doesn't give a shit, cause he gets to look at Vag all day!!

Sick Pervert! /default_rolleyes.gif
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LMFAO your too funny bro.But I wouldn't pay thousands to look at Vag all day U don't know what your getting yourself INTO ..LOL

Bisko

 
I just went to a local Community College for 4 years and Paid as I went each semester...

Bisko

 
I have an MBA in finance and accounting from a "top" school - and it took me a decade to pay off my loans. Made my last payment six months ago!! The debt is not worth it!!! And I can't even look at VaJayJays everyday (ah...not that I'd want to).

Bloom

 
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