Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market
by JBlue42 on Tuesday December 05, 2017 @04:14PM
(#15856063)
>where did this concept of college as a 4 year vacation come from?
It seems to be something in the echo chamber of HN / startup world that has become common over the past 5-6 years. They seem to not understand that having a college degree is pretty much a requirement for any decent-paying job these days or hopes to have one that will in the future. From an economic standpoint, people with degrees have higher wages.
The real issue is the cost of colleges and the loans that people take out to attend. Rather than addressing that (though some commenters have made the attempt) they'd rather say for kids to not go at all and thus limit their future opportunities for work as well as intellectual growth.
It seems to be something in the echo chamber of HN / startup world that has become common over the past 5-6 years. They seem to not understand that having a college degree is pretty much a requirement for any decent-paying job these days or hopes to have one that will in the future. From an economic standpoint, people with degrees have higher wages.
The real issue is the cost of colleges and the loans that people take out to attend. Rather than addressing that (though some commenters have made the attempt) they'd rather say for kids to not go at all and thus limit their future opportunities for work as well as intellectual growth.