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Reply to "What is going on with student loans?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I was raised by a college professor and a SAHM. They made choices every.single.day to ensure my brother and I would have money for school. My dad would walk a half a mile to the bus stop to take the city bus to work instead of driving. Our cars were always older than I was, in fact the car I drove when I first got my license was 4 years older than I was. My mother clipped coupons. My dad brought his lunch. We always drove and camped on our vacations. I never got on a plane until I was 16. My mom shopped at garage sales. They rarely ate out. A million little decisions executed routinely. We never had anything fancy but we had more than enough and a very happy childhood and family life. My brother and I were both able to go to private colleges and graduate debt free (we both did work study and worked every summer) and my parents are now comfortably retired. It can be done. Based on that I sure do resent the people who go on a Disney cruise and then complain that they don’t have enough money for school. [/quote] So your parents paid for your college. You are lucky. And now you want everyone to suffer who doesn’t have parents who live like monks. Why should people have to live this way to pay some college administrator’s fat salary? Again, everyone’s anger should be at the colleges, not kids and their parents. [/quote] They didn’t live like monks - they lived beneath their means. It’s a real thing people used to do. People suffer all kinds of hardships because of lousy parents. It’s the ant and the grasshopper my friend. These people with parents who aren’t able to make good choices about money will show up, hat in hand when their parents reach retirement age and they want top of the line assisted living for them. IMO - in state school should be a lot more affordable than it is. The state schools should fill their classes with in state kids first and then anyone else from out of state simple. Also I’m not even remotely Christian, wouldn’t want to be affiliated with the hypocrisy and hate of that crowd. If we forgive these loans that does nothing but encourage schools to keep the cost high and people to borrow again hoping for another amnesty. Going to a private school or out of state is a luxury plain and simple. If you can’t afford it, you can’t afford it and one does not have to be a financial wizard to understand that borrowing $100K for a degree in philosophy isn’t very likely to be something that you can pay back. [/quote]
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