Reply to Anyone plan on not paying back student loans?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Nobody wants to address universities requiring students to live in their expensive on-campus housing, buying their expensive meal plans, restrictive zoning (in some primarily college towns, students can only live in certain parts of the town by law, driving up demand and prices that students need to pay for rent), amenities like rock climbing walls, the astounding number of deans and “coordinators,” and I could go on.[/quote]

Attend a different university. You make it seem that this is a universal requirement at all universities. It is not. [/quote]

+1 The plots don’t deserve a top notch education [/quote]

At my state university, an in-state high academic achieving student with a 0 EFC on the FAFSA will like have at least a 10k gap between financial aid and cost of attendance. So that is 10k x 4+ fed sub and unsub loans x 4. This is the only public institution in the state offering certain majors, such as engineering. Some students make poor choices. I was one of them. My professors steered me away from a practical grad degree and toward a useless one. I was flattered and took their advice and hiring in my field of study also got worse while I was getting my degree. So there are people like me who made a bad choice, [b]but society would still probably be better off if I could save for retirement rather than paying a huge amount of interest on my debt. [/b]Then we have poor, smart kids who have to take on debt to get a basic education.[/quote]

Yes, society probably would be better off.  But that's not the right analysis.  The real question is whether paying off $100k? more? in student loans for one person is the best use of taxpayer funds, or whether society would be better off if those finds ere used elsewhere - anti-poverty programs, ten $10k scholarships for poor kids, etc.  The list of better uses for that money is, in my opinion, pretty long.  [/quote]

Can we ask the same question about corporate incentives or military procurement? [/quote]

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