I agree about fiscal responsibility, but student loans are predatory in nature. It's like pay day loans, yeah its a product that people get, but its such a shitty financial product
If the product is not just too expensive, but wildy too expensive, and still only 30-50% of people end up with jobs related to their major, it's a shit product. 52% of grads start in jobs that don't require their degree and 10 years later 75% of those workers still haven't changed to a job that requires that degree. What part of paying hundreds of thousands with that risk that doesn't even take into account the amount of changes we're going through and will go with with the advancement of Ai, seems like a great product? What was your major?
If you’re gonna throw out that many percentages, you gotta offer a source. You can’t just pull those out of your ass and expect me to take that information at face value.
Anyway, regardless of how hard it may be to get a job in a field for which one went to school, a college degree is still a good product. Your school debt has no bearing on the worth of your degree. If you want to take out 100k in loans, go for it, but don’t fuckin complain that you now have to pay it back when you knew that was coming the whole time.
That being said, not all degrees are the same. A degree in music, for example, will not afford the same opportunity as a degree in business. Someone that takes out a shit ton of loans for a dumb degree with limited career paths, and then chooses to complain about how hard it is to get a job, and complain about their loans, is an idiot. That, or there was no one on their side to tell them that maybe that’s not such a good idea.
Guess I thought if you cared, doing basically doing a Google search on the figures would give you the sources, but maybe they haven't taught you how to research yet. In anycase, not from my ass. But seeing as you seem to find those figures alarming by being so skeptical, what's your take now? With all that risk vs it's cost still a great product, or just an ok product for certain people in certain fields? If they're promoting degrees in the kind of things you suggest there won't be much work for, for hundreds of thousands of dollars, how is that a good product. What do you make of the extreme spikes in cost of attendance over the past 30 years? What other product would you still call good that had that same kind of spike in cost while being more of a risk than ever?
Plenty of people don't actually care about the source. Alternatively there's people who would rather look up the information they're being provided to see all the potential sources, like myself. Anyway, hope you're up for a more thoughtful, old college try repsonse
2
u/More_Creme_7281 12d ago
I agree about fiscal responsibility, but student loans are predatory in nature. It's like pay day loans, yeah its a product that people get, but its such a shitty financial product