Quote:
Originally Posted by sperry
My entire college education was paid for with a fafsa loan, aside from the portion that was paid for by the taxes that prop up the California state college system. Then I got a job here at in Reno at igt and paid off my loans in a bit under 5 years.
Really the only thing that irks me about student loans is that it means many graduates enter the job market in the red. You start your first career job already a serf to the corporate system. That's not exactly giving everyone a baseline shot at success... what that does is ensure a fresh workforce that can't easily start competing businesses and instead has to jump right in to working for "the man" before the loan payments cath up with you.
But honestly, my issues with college level education are so so so far down on my list of things wrong with America that I'd consider them off the radar. As far as education is concerned the priority problem is with primary education and it's total lack of accountability towards the quality of students it produces. I'm not really down on higher education as I stands, and I would actually consider the federal loan and grant programs some of the better programs put together by the govt.
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The kind of people that want to run their own successful business when they graduate college are the same people that will do what it takes to get there. Work during college instead of taking loans out if you don't want debt, or find a way to get more loans when you graduate to start up your own business. ScottyS isn't the first person I've heard of that has worked to pay for school instead of getting loans. My friend goes to Alaska to roof all summer to pay for school. People make too Manu excuses.
Personally, I have enough faith in making money with a civil engineering degree that I don't mind getting into debt now.
I do agree that the problem is with schooling way earlier than college though.