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dkf

(37,305 posts)

16. Goodness your solution to avoid paying your loans was more schooling which increased your loans?

Wed Jul 25, 2012, 10:29 AM

Jul 2012

Well I hope the extra degrees pay off for you.

Being risk and debt averse your solution probably would not have occurred to me.

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49 replies

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Highlight:

Student loan market a brake on US economy [View all] alp227 Jul 2012 OP

K&R patrice Jul 2012 #1

but...but...but bighughdiehl Jul 2012 #2

We need "Comprehensive Student Debt Reform" limpyhobbler Jul 2012 #3

If that happened I'd piss my pants davidpdx Jul 2012 #29

That's Elizabeth Warren's Consumer Financial Protection Bureau, right? nt patrice Jul 2012 #4

This agency is really off to a great start even by raising these issues. limpyhobbler Jul 2012 #7

Feeling hopeful here. Proud of this very courageous stand not only on student debt but ALSO patrice Jul 2012 #8

LOVE the point this article makes about possible connection between Student Debt & Mortgage crises! patrice Jul 2012 #5

Or just allow people to convert their bank education loans into Dept. of Ed. Loans. limpyhobbler Jul 2012 #6

I agree convert to government loans lovuian Jul 2012 #20

People learned nothing about debt even with the mortgage debacle. dkf Jul 2012 #9

Most of the debt they are considering was taken on during the same era as the sub-prime mortages limpyhobbler Jul 2012 #11

You sound like you have no clue on why student debt is so hard NOT to have. Katashi_itto Jul 2012 #13

Goodness your solution to avoid paying your loans was more schooling which increased your loans? dkf Jul 2012 #16

Some people would go to great lengths to better themselves. Ash_F Jul 2012 #28

What you see there is rrneck Jul 2012 #33

It's not for anyone trying to better themselves by any means at their disposal, that's for certain. Ikonoklast Jul 2012 #39

In all fairness, someone deciding to avoid loan payments by simply taking out more loans... OneTenthofOnePercent Jul 2012 #41

Are you majoring in a field that has a high demand? snooper2 Jul 2012 #30

The poster says they're in a business major. Is that a "high demand" career in your mind? riderinthestorm Jul 2012 #31

Usually you have an idea of what type of industry/career path you want to be on.. snooper2 Jul 2012 #32

I don't understand your post. riderinthestorm Jul 2012 #34

to me saying business degree is the same as a liberal arts degree... snooper2 Jul 2012 #35

Yes there are an entire subsection of majors that can fall under a "business degree" riderinthestorm Jul 2012 #38

Actually, my degree is a double major in Finance and Economics, I am now working on my CPA Katashi_itto Jul 2012 #44

check out telecom companies snooper2 Jul 2012 #46

when i worked for the state shanti Jul 2012 #36

I wish nothing but the best for you in the future Katashi_itto, PotatoChip Jul 2012 #43

Thanks very much, that is extremely kind! I am saving that comment for a rainy day. Katashi_itto Jul 2012 #45

are you capable of understanding that people were blatantly lied to by state universities, human res magical thyme Jul 2012 #15

If your problem is you can't find a job and the loan would be manageable if you could that is one dkf Jul 2012 #17

Most students I know "ran the numbers" when they started schooling 5 years ago riderinthestorm Jul 2012 #18

Great post unapatriciated Jul 2012 #42

You say that as if there were a choice. n/t Egalitarian Thug Jul 2012 #48

We Should Support Higher Education the way Finland Does AndyTiedye Jul 2012 #10

Like virtually all industrialized countries do - if you are smart enough, university is subsidized riderinthestorm Jul 2012 #19

What we need is a return to the idea that education is a public good, not a private purchase. Nay Jul 2012 #12

this is an important issue. K&R closeupready Jul 2012 #14

A Depression is what we are in and Austere measures don't work lovuian Jul 2012 #21

Dysfunctional Indeed cbrer Jul 2012 #22

Maybe they could use a bailout..... DeSwiss Jul 2012 #23

Education its part of our national security n/t AlphaCentauri Jul 2012 #24

Any chance of bailing out students rather than banks this time around? NickB79 Jul 2012 #25

probably too much sanity to handle. limpyhobbler Jul 2012 #27

Given the hate-on for education these days, it's sadly unlikely. (nt) Posteritatis Jul 2012 #40

Even gainfully employed people ages 25-35 are not buying houses because of debt bluestateguy Jul 2012 #26

I'm waiting, to see if the economy get's better crimson77 Jul 2012 #47

The whole idea that a university should substitute education for industry specific skills is galling cap Jul 2012 #37

Encouraging business to put employee education off on the taxpayers is a big part of the problem. Egalitarian Thug Jul 2012 #49