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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You’re free to quit your job if being poor is so awesome. *Crickets*[/quote]

I suspect a lot of families do somehow game the financial aid system this way. Like maybe one parent stops working. Getting 320k of aid bears a pre tax income of 80k or whatever [/quote]
No, they shuffle assets around to hide their wealth.  Actual MC people don't quit working to get more financial aid, because that also messes with retirement, health insurance, etc.  You people have no idea what not being UMC/rich is like.  And most colleges don't meet financial need with pure scholarship.  [b]It just means more loans.[/b][/quote]

Yes. This is why we have the student loan crisis right now.

My generation (elder millennial - born in '82 & graduated high school in '00) had it drilled into our heads that if we did not go to college, we would not be successful in life. So many times I had high school teachers tell us "it doesn't matter where you go to school or what degree you get, just go to a college and get a degree - any degree!" So we did. We all did. Out of my graduating class of 294, only around 12 kids did not go to any college (2-yr or 4-yr) after graduation. When I expressed doubt to my guidance counselor about being able to go to a 4-year school because my family couldn't afford it, she provided me with all kinds of information on loans. They were no big deal! Why? Because when you graduate from college with that degree, you'll be making $$$ and can quickly pay them back!

[b]Stressing that every person needed a college degree to be successful flooded the college system & produced too many college grads[/b]. So what happened then? Jobs that didn't previously require a college degree started requiring them (receptionists, admin assistants, accounting clerks, etc.). And then the recession hit in 2007. I got laid off and had to do a loan deferment and then forbearance. My loan amount was $21k. I've paid consistently since graduation and have paid over the amount I borrowed but still owe around $16k more. [/quote]

Eh, a lot of jobs in the U.S. are more complex nowadays and do require a college education. [/quote]

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