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Are housing and transportation not valid applications of a student loan? I am currently close to graduating from college. During my last 3 years I haven't had a

Are housing and transportation not valid applications of a student loan? I am currently close to graduating from college. During my last 3 years I haven't had a stable enough family life to consider living with my parents. I'm very fortunate in that I've spent a large amount of time, throughout my childhood, developing a skill set that is highly valued and I also had the energy required to work full time as a SWE while doing my degree. Had any of those cases not been true I'd have to either give up on getting a degree and live with the sunk costs or I would have had to take out larger loans to cover housing. It feels like if I was someone with a chronic medical condition that made it impossible for me to work 75hr to 90hr I would have effectively been barred from getting a degree.

syshum 7y ago
>>Are housing and transportation not valid applications of a student loan? IMO, no >> I would have effectively been barred from getting a degree. One thing we need to get away from as a society is this belief that everyone should get and/or is entitled to a degree. I am very much in Mike Rowe's camp on this issue, the idea that the default position is every child should spent until the age of 24 in schooling costing in general about $500,000 to "educate" a single child is a complete waste of resources. We need to refocus the work force and have more opportunities for people that do not have a degree. The vast majority of jobs in society should not (and do not in reality) need a degree. Sure Doctors, Engineers, etc may still need that level, but one should not need a 100K+ Computer Science degree to write LOB apps in python, or to be a mid level manager in some office.