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[quote=Anonymous][quote=Anonymous]same! State schools should be supported by tax payer dollars and go back to being bare bones amenities wise and be affordable enough that an 18 year old working part time can afford it without loans (waiting tables, etc.. should earn enough money that you can live with roommates and afford tuition) State legislatures cut funding for the university systems in 2008 and never readjusted [b]b/c parents were willing to pay.[/b]

I would rather my kid had grody furniture and concrete flooring for 4 years than $1000s of dollars in debt for 30 years. Its good life lesson, you live a lifestyle you can afford and dont go into debt for lifestyle upgrades and you have to hustle to make it. sure it is unfair that some people who are just as deserving as you have more money and luxuries b/c they lucked out on the parental lottery that way but there is no real proven economic system to address that properly.  indentured servitude servicing debt for 4 years of undergrad is NOT the answer. [/quote]

Or parents were willing to take out tens of thousands in Parent Plus Loans, and are allowed to with little regard for their ability to pay them back. They have 20% default rates & climbing. Only an idiot would think that parents should be allowed to take out PPLs up to the school’s calculated attendance, but somehow they can, and here we are. Do you think a parent who feels the need to take out $100k in Parent Plus Loans has a prayer of paying that back in full once interest kicks in? Do you think that handing out those loans is a good investment on the federal government’s part? I’d say no.[/quote]

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