Comments on: Initiative before Congress aims to slash student debt http://blogs.reuters.com/great-debate/2015/07/07/initiative-before-congress-aims-to-slash-student-debt/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: BBERDUDE http://blogs.reuters.com/great-debate/2015/07/07/initiative-before-congress-aims-to-slash-student-debt/#comment-1079129 Thu, 09 Jul 2015 18:25:18 +0000 http://blogs.reuters.com/great-debate/?p=41876#comment-1079129 Previous generations paid for college themselves, because college was comparatively cheap.

Now, due to loads of Federally guaranteed financing options, college costs have skyrocketed… just like Healthcare, or anything else that has 3rd parties bearing the majority of the cost.

If ‘consumers’ (students) were in the position to decide how much a college degree is *worth*, they’d make better decisions about where to spend their money and what to study.

Instead, taxpayers finance millions of people to attended adult-playskool where they learn nothing of marketable value to employers.

Get government out of higher-education entirely, and you’ll end the problem of “out of control” student debt.

]]>
By: Heyoka http://blogs.reuters.com/great-debate/2015/07/07/initiative-before-congress-aims-to-slash-student-debt/#comment-1078837 Thu, 09 Jul 2015 01:55:06 +0000 http://blogs.reuters.com/great-debate/?p=41876#comment-1078837 Like Solidar, the students who opted for majors akin to comparative literature boarded a trolley only to find out that they would step off a bullet train. Time for all, young and old alike, to move on to today’s reality. Which reflects both the need to assess risk return AND to resist the allure of the refrain from “Yesterday.”

]]>
By: Solidar http://blogs.reuters.com/great-debate/2015/07/07/initiative-before-congress-aims-to-slash-student-debt/#comment-1078695 Wed, 08 Jul 2015 21:07:10 +0000 http://blogs.reuters.com/great-debate/?p=41876#comment-1078695 “I spent $62,000 on a comparative literature degree, and now I work at Starbucks. What should I do?”

Some problems are predictable. Like…. REALLY predictable. Study something of consequence. Save the fun stuff for a hobby.

]]>