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Money and Finances
Reply to "Is anyone not saving to pay for all of their kids' college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I thought college will be free and all college debt will be erased...per the Dems, no?[/quote] Yeah some progress in that direction would be the case if Republicans stopped being such myopic arseholes and would stop blocking every bit of progress ever. [/quote] That's not progress. Nothing is 'free' in this world. Why should I pay for students loans for someone who went to Brown University to get an art history degree, to have a low income job. Think about your notion of free being progress. Does progress mean getting strapped with others' debt? If so, not smart nor advisable. Go to a school you can afford or don't complain about your student loans or expect someone else to pay YOUR obligation. Do you go into a restaurant and order whatever you want and expect the table across the room to pay your tab?!?[/quote] I agree to be an extent but we are talking about 17-18yos here, many of whom have never even taken a financial literacy class. They should not be allowed to take on that much debt to begin with. I would much rather congress focus on making college more affordable for future generations than forgiving existing debt, but something has to be done. The current system is not sustainable. And I say this as someone who stupidly took out a lot of loans and have since paid them back. Saving what we can because I do not want to put my kids in that position. It’s easy to say go to a school you can afford when for a lot of kids across the country that would mean community college only.[/quote] Community college is not a bad choice. In fact, it’s a smart option I will highly encourage my children to consider. I went to two years of community college tuition free and earned an associate degree. I then transferred easily to a state school with all my credits transferring. Earned a double major with zero debt. Nobody once seemed to care about the years of community college when was applying to internships and jobs. What propelled me was my willingness to take a lowly paid internship after graduating and work my tail off making connections. I was making 100k at age 26 and investing heavily in retirement and savings. It worked out great for me. [/quote]
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