4 ms·
There are two things I want to say. First, this is one of those things which is easy to say but for many (most?) people hard to implement. Sure, some people's
by sealeck 4y ago
There are two things I want to say.
First, this is one of those things which is easy to say but for many (most?) people hard to implement. Sure, some people's family may be able to give them the money they need to go to university but this is not the case for most people, and in this case it is really hard to earn enough money _before starting_ to pay for your university education.
The second is that debt can be good (our society is literally built on it) in many cases (e.g. home loans, provided you can afford to pay them off) if you are not in a highly asymmetrical power relationship with your lender.
- Xeoncross 4y agoWhile I don't disagree with you, I want to say that this idea of it being impossible to go to collage without taking out loans is not true. I know multiple people who worked, applied for grants, and used cheaper/affordable colleges first before uni. > debt can be good (our society is literally built on it) I would argue that our countries increased reliance on debt over the past 50 years has decimated the lower class and harmed the middle class while the wealthiest class has seen their influence and ownership percentages surge.
- burnished 4y agoStudent loan debt is typically not the good kind - its doled out in far larger amounts than the lender can typically acquire because it cant be discharged like other forms of debt.
- sealeck 4y agoAgreed.