Reply to any cons in suspended student loans debt?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe people should have to take IQ tests before being allowed to sign contracts. Because it seems like "I was too dumb to understand what I signed" is trying to be passed off as a valid excuse for defaulting. [/quote]

The parents are the ones doing the defaulting. Parents enter into ''agreements'' with their kids for Parent Plus Loans that even though it technically belongs to both the parent and the kid, the kid is usually the one expected to pay.

Maybe, I don't know, schools shouldn't have a COA that is the yearly equivalent of the yearly median income in some municipalities. [/quote]

Maybe people should stop matriculating to these schools, and they would lower their fees. Why should they when they have more students than they can take? No one is making you go![/quote]

Employers of the most desirable jobs (WFH desk jobs) indeed require degrees. [/quote]

Well, if you don't agree with the tuition they charge, I guess you should choose a non-degree job. Stop acting like a college education is an entitlement. Its not![/quote]

I went to college long ago, when you could pay tuition with a summer job. And I don’t think college pricing should be set up like customers choosing a car because a teenager has no control over the economic standing of their family. You’ve basically admitted that you think universities should care about how much money you parents have rather than how good of a student you are. [/quote]

Correct. I don't believe college is an entitlement and that everyone should get to go regardless of cost or financial situation. You should not be able to borrow money that you can't pay back. [/quote]

Hooray for a feudal system! [/quote]

It wouldn't need to be this way if people would just pay back their loans. But if you are going to beg for loan forgivness en masse, then yes we have to start scrutinizing who qualifies for loans and who goes to college. Don't like it? Then tell everyone to pay their own debts and stop expecting a government handout. [/quote]

Again I paid mine so don’t say “you.” I don’t think loans should be involved, [b]I think tuition should be way, way lower[/b]. [/quote]

I agree with the bolded. My biggest question with loan forgiveness is really just whether it addresses this and if not, let’s address this, the cause.[/quote]

Tuition is high because anyone can get a loan. [/quote]

No, tuition is high because states stopped funding their universities. [/quote]

No, tuition is up a ton at the privates too. Its because loans are given out like candy, and 18 year olds only live for today. [/quote]

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