2 ms·
It seems that each of the people profiled for the story are working for nonprofits. "Drowning" in debt while enjoying perks that others forego in order to pay
by slowhand09 5y ago
It seems that each of the people profiled for the story are working for nonprofits. "Drowning" in debt while enjoying perks that others forego in order to pay down/pay off their loans {I}may{/I} be a common theme if interviewers dig a little deeper. I sympathize that many were uninformed or ignorant of the costs and growth of loans. Here's a concept. If you don't know enough to understand how loans work, maybe you need more work - perhaps at community college prior to taking on a large financial obligation.
I have the old man/boomer story where I worked full-time/schooled part-time making too much for financial aid, but too little to have the perks of "college years". My classmates played frisbee on the quad and attended keggers when not in class or computer lab. I worked, often trading shifts to attend classes, and did setup/concessions/cleanup at a local civic center for extra money plus the chance to see concerts part of the evening.
Majoring in subject areas that would never pay a rate to make that MS or PhD affordable is begging to live broke. My mom finished high school, and my dad finished in night school after a stint in the army. They didn't go to college. Is it fair their tax dollars are used to pay down the loans of those who chose college? That logic is synonymous with you paying for my Hellcat automobile while you drive a 10 year-old Toyota, because I didn't know how much the payments would be.
Finally, it should be illegal to give such a loan to someone without them being able to understand the terms, conditions, ramifications, and consequences of it well enough to demonstrate said knowledge.
I sympathize, but their burden isn't something I agreed to carry. Unless I get to take out a quick $100k loan for school, then promptly drop out, and have that forgiven.