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Political Discussion
Reply to "SCOTUS on Student Loan 9 - 0"
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[quote=Anonymous]I don't understand how so many people got caught in this problem. Is it hard for an 18-25 year old to understand that taking on tens of thousands of dollars in loans is a bad idea unless you have a plan to pay it back (ie pursuing certain degrees from certain schools)? I can understand graduating at a bad time and unexpected not being able to find a job or a lower paying job, but I don't think that can explain the sheer number of people who are overburdened with loans. That speaks of bad planning. I know no one likes anecdotes but I only share to illustrate that there are different ways to success. I graduated grad school with over 160k in student loans and paid it off in 5 years. My husband went to a cheap state school/community college combo and didn't need school loans. We now earn about the same. Point is, don't do the loans unless you are sure you can pay it off because you don't need to go to those fancy private schools to be successful. [/quote]
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