“I understand their point that student debt has ballooned and can be life changing but I think we also need to hold the people who borrowed the money responsible for their choices. I remember the entrance counseling including that I would be expected to pay the money back. I also understood budgeting and compound interest. All of these people who were totally unaware of interest or the need to repay their loans drive me crazy.
I totally agree that not everyone needs a college degree and a lot of college degrees aren’t worth the money. Trade school and ‘blue collar’ jobs pay better than a lot of white collar stuff. And I think that the entrance and exit counseling can be a lot better. The could use the process for a FSA loan for an example. If you can’t figure our your loans then you shouldn’t borrow money.
I borrowed around $100,000 for school and grad school, paid it off in 8 years and now make 6 figures. Student loans aren’t always evil, you just have to be smart about it”
xtxtxitxx via Apple Podcasts ·
United States of America ·
12/19/21