Reply to What happened to thread re: Obama's plan re Student Loans?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I hope the government also gives money to the people that paid their own loans off. They should make the interest rate HIGHER for loans for degrees that pay lower salaries. This idea that education is one size fits all doesn't work. As a business you would charge a higher rate on a riskier loan (liberal arts) over a let's say Computer Science. This would also help our society turn out more usefull and employed individuals.[/quote]

I am the OP on the thread and I completely disagree with you.  We need teachers, we need artists, etc.  God Bless the people willing to go into those fields knowing they won't become rich. Putting a higher interest on those type of degrees does a disservice and will dissuade even more people from going into those fields in the first place.

I do agree that not everyone is 'meant' to go to college.  That we would do better to have technical training schools that mean something.  Not everyone needs a 4-year degree but the way our country values it..it is required for even the most mundane jobs these days.

The problem is the loan sharks in the financial aid office and [b]the trend for colleges to be like 'resorts'..state of the art gyms, dining halls,[/b] etc.  The more financial aid is given out in the manner it is....the more schools know they can charge becuase they know more $ will always be there for kids to borrow. They'll end up paying about the same, but the loans will be bigger and bigger. The kids come out so saddled in debt they barely have a chance.  [/quote]So true.  Just went to a conference at a university and met a young woman from the UK who was traveling across the US.  We told her about the conference and she decided to attend for the day on a lark.  Lunch was at the college dining hall - which was nowhere near as fancy as I've seen them and nothing to write home about.  She was *amazed* by the dining hall and gushed on about it.  Going to college in the UK is quite different from the US![/quote]

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