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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] + 1,000,000 It blows my mind that people defend the insane cost of college and graduate school. They cost so much due to a bubble created by unlimited student loans backed by the federal government that cannot be discharged in bankruptcy. It is a racket and the primary victims are middle and working class kids whose parents can’t pay for school out of pocket (so basically everyone under 40 who didn’t have rich parents). End federally backed student loans, and make private student loans dischargable in bankruptcy and the cost of higher education will plummet overnight. But even though this is a simple legislative fix, it won’t happen because the education lobby and student loan providers are way too rich and powerful at this point.[/quote] You need to realize that Obama and the changes he made to student loans and financial aid are a big part of the problem.[/quote] Can you tell explain what you mean? I thought he made it easier for students to repay their debt. [/quote]
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