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This is painting with a broad brush-- 160k in student debt is on the higher end of the spectrum, even for individuals who pursue secondary degrees (MD, JD, MBA,
by Phlarp 10y ago
This is painting with a broad brush-- 160k in student debt is on the higher end of the spectrum, even for individuals who pursue secondary degrees (MD, JD, MBA, etc) or choose to pursue programs at for profit schools.
Perhaps this individual was pressured heavily at 17 and 18 (by parents, guidance counselors or whomever else was in a position of authority over them as a young adult) to jump on the bandwagon and before they were old enough to assess the value of the education being provided for themselves, it was too late.
Why on earth anyone would think an 18 year old is mature enough to sign away six digits worth of debt but not drink a beer is just boggling to me.
Another point to consider is that many young people believe their parents (and their parents generation as a whole) signed up to pay these costs: both when they chose to become parents and when they collectively chose to slash public funding to universities.
- dragontamer 10y ago> Another point to consider is that many young people believe their parents (and their parents generation as a whole) signed up to pay these costs: both when they chose to become parents and when they collectively chose to slash public funding to universities. Your parents have no obligation to pay for you through college. Nice parents do so. But there's certainly no "obligation". And if your parents cosign a loan for you, I would hope that you would at least have the personal honor to help your parents with the financial issue, rather than run away to Germany. Or at very least, run away WITH your parents, together. The fact that he's separated from his parents speaks volumes about the situation. His relationship with his family has been likely stressed due to this debt issue. ----------------- I think I'm mostly on the side of the students throughout the article. But in this particular case, the person's behavior is so egregious I felt like it needed to be pointed out.