Reply to Is it really worth the money for your child to choose a college away from home?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
What you “should” earn vs what you “will” earn 
after college graduation are two different things.
[/quote]

Well the numbers are based on actually means not on vague promises.  But, yes, you should look at your own earning potential and do the things that make becoming employed more likely.[/quote]
You’re a scam artist. 
You want people to make huge financial decisions four years out.[/quote]

Huh?  I want people to make reasoned financial decisions.  Earning a college degree improves your lifetime earning potential.  This is well-established.  Debt can be a tool to make that happen but you shouldn't take on too much debt.  One rule of thumb is salary. You can get a 30-40k/yr job working at Target so I doubt many college graduates are going to be crushed by the average student loan debt.[/quote]
[b]Your limited experience is astounding.[/b][/quote]

Not sure how you're getting to this claim as you know little about my experience.  I am merely arguing that the statement "most kids have crushing student loan debt" about undergraduate student loans is not well-supported by the facts.  Of the 70% of grads that have undergraduate student loan debt (so 30% don't have any at all), the average amount is not "crushing" on the average salary of a college grad.  It's manageable.  Now does that mean that some students don't take on too much debt? No.  Does that mean some students don't find well-paying jobs? No. Does it mean society might not benefit from more progressive loan policies? No. Does it mean that taking some more personal responsibility on loans wouldn't help? No. But it's not that hard to repay the average undergraduate student loan debt in 10 years with a pretty run-of-the-mill post graduate job that's below the average salary (I've had to do it myself--my starting salary post college was only about 2k more a year than my undergraduate loan balance). [/quote]

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