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Money and Finances
Reply to "Insane Generation-Z Graduation Debt of $400,000"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]All of you people herping and derping about “personal responsibility” are totally missing the point. Let me spell it out for you, MED SCHOOL AND COLLEGE SHOULD NOT COST THAT MUCH, EVER, UNDER ANY CIRCUMSTANCES. Yes, even if the student intends to work as a plastic surgeon in Hollywood. It is terrible for the economy, society, and the field of medicine. No one benefits except student loan companies, med school administrators, and the politicians who take their lobbying money to keep the status quo.[/quote] I might agree with you if the earnings potential were not so high. But when someone wants or expects to earn more than 10x what a high school grad is going to make, it should come with a cost. [/quote] This doesn’t at all help our society to address the STEM shortage. Agree that no college program should lead to this much debt.[/quote] The STEM shortage in America is being addressed by hiring immigrants. Our family has doctors from Africa, Japan and India via our Kaiser insurance. At my place of employment, our onshore IT dept is filled with literally hundreds of immigrants from India. We have several more hundreds of Indians offshore doing all kinds of support work for the finance and accounting depts. With foreign labor being just as educated but cheaper and possibly more hard working , I don’t see why our American govt or big business would invest any large amounts of $$$ to make our local American STEM labor pool larger. They don’t seem interested in doing that. [/quote]
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