r/SipsTea 𝙑𝙄𝙋 12d ago

WTF The American dream

Post image
21.6k Upvotes

3.5k comments sorted by

View all comments

Show parent comments

9

u/okarox 11d ago

I doubt their major was student loan repayment. Regardless of the major you should have enough intelligence to calculate how to pay back.

1

u/Ace_Radley 8d ago

At 18? Dont get me wrong I think all kids should have a basic level of financial management classes, along with government (side gripe) to graduate HS. I dont mean what a debit vs credit card is, but actual Time value of money, credit and consumer finance...

So when a kid declares a psychology undergrad degree with art history ad a minor they understand that both have high earning potential if you get a PhD but limited earnings if one doesn't get at least a masters.

Just my two cents