So, what do we think about college

Couldn't afford college so joining the Navy & see the world was my school of learning. I could have worked for Kroger as a qualified retail butcher, but the thought of doing the same thing for the rest of my life scared me. Once out of the Navy a variety of jobs positioned me for a position in management that made it possible to retire at age 54.

All through my years never once did I fault on money borrowed. I understood that what I borrowed was to be paid back with interest. Responsibly to pay was always forefront before borrowing. If I couldn't afford the debt I didn't borrow, simple as that.

I guess that concept got lost somewhere.
 

PamfromTx said:
How I wish I had gone to college
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Never too late. However you seem a fine person with or without a college degree!
PamfromTx said:
I tried getting a loan and that didn't work either.
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Government guarantees have made it a whole lot easier. And caused this problem...

After looking at your ribeye recipe and remembering all the amazing food things you have posted I think you could probably teach college level culinary courses! With or without degree.
 
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Alligatorob said:
Never too late. However you seem a fine person with or without a college degree!

Government guarantees have made it a whole lot easier. And caused this problem...

After looking at your ribeye recipe and remembering all the amazing food things you have posted I think you could probably teach college level culinary courses! With or without degree.
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Well, I guess they'll have to wheel me in ... in a hospital bed. lol Sorry, my sense of humor is nutty.
 

It’s going to make inflation worse. And why the HELL should the taxpayers pay for this? It’s coming out of your pocket, folks, one way or another. This is blatant vote buying.
 
Math is my weak point, economics not far behind, but I wonder if anyone who received Pell grants, etc., are as opposed to younger generations getting loan forgiveness? After all, those grants, which started in the 1970s, were funded by 'tax dollars,' too..
 
Many people i have known got degrees in made up fields ........... that were useless and often by the time you are ready to graduate................. each year it seems as the courses NOW require an additional class or classes to graduate. adding cost on top of cost...
well Known senator paid $400,000 a year to be a part time professor only teaching 2-4 classes a year.

many of the loan forgiveness items signed by this administration.....if you READ the fine print went to people who did not pay at all ........an IF you have been current and kept up with your debt you do NOT qualify ........... so that encourages some to not pay .
Some programs before where aimed at some now defunct for profit "schools "
but these are adults signing up for insane loans ........ mostly for places who say it is a FAST program maybe 1 year .... and they actually get certificates not degrees and no credits transfer to a normal university for example all huge RED flags but they still sign up.
 
I guess I was lucky.. didn't start "higher education" til long after high school (long story), but I did distance learning twice, both times paying tuition out-of-pocket on a monthly basis. Never considered applying for any financial aid, so I never ended up with loans to repay.

A couple of things I thought were wrong in recent decades:
first, the trend of giving out "scholarships" like candy.. scholarships are supposed to be earned, and even if a student excelled it wasn't a guarantee he or she would receive one.
Second, taking the focus of grants off need-based and handing them out to people because of whatever "group" they're in. As an example: I was a "single mother" (another long story) but I didn't think that should entitle me to a free education.
 
Where I worked before I retired the young teammates from other countries got their educations either free or heavily subsidized in their parent countries. They had no college debt and they were all qualifying and buying homes. We had one born-American teammate who went to college in North Dakota and he owed over 100k for his Engineering degree. He lived in an apartment. I'm not sure how much debt affects being able to get a mortgage from a bank, but apparently it does.

When I went to college back in the 70s, our state college was very well subsidized (by tax money from apparently willing taxpayers of the our parents' generation and probably from higher taxes on businesses and rich people) and my middle class parents could afford to put all three of us through college without them or us going into debt.

I'm not even sure the loan forgiveness the government would do covers much of the debt, I thought the fed govt used to have low cost student loans but then allowed for-profit loan companies to get into the niche and I don't think those loans can be forgiven and they are much higher interest loans I've heard.

I don't think predatory credit card offers are allowed for our kids that are under 21 years old (at least I remember my mailbox being inundated with the most awful predatory tricky credit card offers the minute my kid turned 21, I was glad she was away at school so I could throw them all away). So I think we need to educate our younger high school age kids better about loans and debt, and then not allow them to take on private debt for college before they are old enough (21) to be thought better judges of it. I'd rather we pay more taxes to make state college affordable again, and go back to the old style of federal low interest loans for college.
 
I paid my way, let the next guy pay his own way. Why should I pay his way? The only thing that I would add to that is if people want to go to college and are eligible through taking their SAT's and so on, but lack the resources, schools should dip into their overflowing endowment funds and help the kid out. Back when I went to college, it was like just under $100 a credit hour. I think it's a lot higher than that today. I only needed a 2-year degree to get into the State Police, which is called an Associate's Degree in Criminal Justice.
 
Della said:
Google quote "Men with bachelor's degrees earn approximately $900,000 more in median lifetime earnings than high school graduates. Women with bachelor's degrees earn $630,000 more. Men with graduate degrees earn $1.5 million more in median lifetime earnings than high school graduates."
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Does it give the college debt of these graduates? Do they give the parameters to come to this data? What year was this data? I do not *oogle anything so I won’t read a link from them. Since I don’t equate $$$$ for success, I find a character of a person more than their $$.
 
nothing is free, no one ever paid for my hammer or saw except me. My grand children are gong to college and are working to pay for it.
 
I paid mine back decades ago. I don't begrudged those that will be able to take advantage of this limited student loan forgiveness. It's really a drop in the bucket with how much they have left to repay anyway. Seems the loudest in DC had no problem applying for and accepting massive PPP loans that were forgiven. Lots more around the web are gnashing at the teeth.
 

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