5 ms·

Looking at student loan debt it appears that it was unsuccessful

• philwelch 7y ago
  Prevent other people from scamming students out of money.
• penagwin 7y ago
  Right but it'd be worse if you had the student loan debt AND don't get a degree (or at least a reputable one) because it's a scam.
  • komali2 7y ago
    I mean, is a university education not a sort of scam? They are giving people degrees that cost far too much to justify the kind of job you'll get coming out.
    • penagwin 7y ago
      > I mean, is a university education not a sort of scam? Whether or not "college education" in general is "a scam" can be debated for sure. But we aren't talking about "college education" - imagine paying for "college education" but it's a scam so you end up with less money and no education.
      • JasonFruit 7y ago
        I think komali2 was saying that's what happens right now — you end up with less than no money and no meaningful education.
    • TeMPOraL 7y ago
      It might be - especially in the US, where you have to pay for it (or go into debt); but it could be worse, and likely worse scams were run in the past until they were stamped out by regulation.
    • deleted 7y ago
      [deleted]
    • booleandilemma 7y ago
      Study something that will get you a good job, if that’s what you’re interested in.