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The borrower is SLAVE to the lender. This statement has been true since the creation of the floating rock. Our grandparents knew this. That's a big reason why
by wdavis 17y ago
The borrower is SLAVE to the lender. This statement has been true since the creation of the floating rock. Our grandparents knew this. That's a big reason why they are the "greatest generation". They live by this creed and thus prospered. We ignore it so we pay...and pay....and pay.
There are two issues I have with our system.of education
1) who said that college was all that important
2) why is there a necessity to jump from high school directly to college.
The apprenticeship model works ten times better. In my opinion an aspiring lawyer would do much better if he just got a job working at a law firm. By working his way up he/she would gain valuable experience, hands on training, and here it comes MAKE MONEY. Even if he worked for peanuts the experience alone would be worth more than a college or university could ever teach. I would bet any amount of money that, after the same eight years the apprentice would have spent in some pampered cocoon of a college/university, he/she would be a better lawyer than 99% of Yale or Harvard graduates who at most may have done an internship. The same goes for doctors. Even still, if the individual wanted the college experience let him have a year or two to learn how the world works. It's not doing any of these teenagers any good to go from the sheltered atmosphere of mom and dad's to that big and expensive procrastination of true life we call college. By experiencing life and understanding the value of a dollar, individuals will be better prepared to make proper financial decisions. Furthermore, by waiting a few years and not throwing people (in there most immature and naive stage in life) you avoid the ignorance and stupidity that is college life.
If an individual decides to seek their higher learning from one of our countries institutions the first lesson taught should always be: the borrower is slave to the lender.
- rickdangerous1 17y agoWell I tried this approach with my IT career. I avoided the high cost college fees by relying on commercial programming courses and my work experience (started on help desks and now I'm an independant software development consultant). I also avoided big student loans (though I did end up with about 10k owing) and basically continued to work part time or fulltime since high school graduation. So I did pretty much exactly what you suggested but heres my problem. I wonder about the path I didn't take and the kind of interesting work I could be having now if i paid the money and went to a top tier CS college. What kind of interesting research work or product development work could I be doing now, if I had invested in a first class education? Don't get me wrong, I'm not doing badly...but I wonder about the jobs I have the talent for and interest in but not the educational background...many doors are shut to me now because of a decision I made to forego college 15 years ago.