Re:More Than 40% of Student Borrowers Aren’t Making Payments
by serge2k on Wednesday April 06, 2016 @08:42PM
(#11443683)
> When I was a kid, that group of adults had the benefit of cheap degrees. Today, now that group of adults is us and we did not go to school cheap (personally I don't fall in to that category out of personal choice, but most of my friends do.)
To some extent people make their own bad choices. I graduated with 30k-ish in debt (canadian). A reasonable sum considering the job options immediately available that wouldn't have been a possibility without a degree.
On the other hand I have a friend who went to the same school, but stayed to do a masters. He owes over 70. Still possible to pay down. While he's worried about that I'm 4 years out of school, 1/3 of the way through paying my loan off. We wound up with comparable jobs in terms of pay as well.
He's was in his mid-late 20s when he started as well. Not 17.
To some extent people make their own bad choices. I graduated with 30k-ish in debt (canadian). A reasonable sum considering the job options immediately available that wouldn't have been a possibility without a degree.
On the other hand I have a friend who went to the same school, but stayed to do a masters. He owes over 70. Still possible to pay down. While he's worried about that I'm 4 years out of school, 1/3 of the way through paying my loan off. We wound up with comparable jobs in terms of pay as well.
He's was in his mid-late 20s when he started as well. Not 17.