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why is everyone blaming the government and universities? in what sane universe do people see the student loan crisis we have, and google starting incomes for th
by oculusthrift 8y ago
why is everyone blaming the government and universities? in what sane universe do people see the student loan crisis we have, and google starting incomes for their degrees and still decide to get massive loans for majors which don’t pay much? do people themselves deserve no blame or is it all someone else’s fault?
- charmides 8y agoIt's not all someone else's fault, but the people who are making those decisions are very young and easy to exploit.
- oculusthrift 8y agothey are young but: 1. They have parents which should know better. (especially when cosigning loans). 2. They dont have to go to the most expensive school. I could have gone to a much more expensive school like NYU or USC but chose to go to a UC because thats what my family could afford and I didn't want 100k in loans.
- assblaster 8y agoThe universities keep increasing cost of tuition way above the inflation rate in order to pay for increasing numbers of non-teaching administrators and fringe services like activities for students and sports facilities. The universities are the ones who are increasing tuition rates to better market themselves to future students. The government, by way of elected leaders, promise increasing amounts of loans to college students under the guise of helping these students access increasingly costly schools of higher education, yet they are really just buying future votes (see, I made it easy for you to get someone else to give you a gigantic loan for a 4-year vacation! Now, vote for me again so I can try to forgive your debts, a la Bernie Sanders).
- candiodari 8y agoWe also blame the banks for 2008, when by far the largest responsibility (in total $ liability) lies with ordinary Americans taking "balloon payment" loans to pay for houses they couldn't afford.