Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market
by vkou on Tuesday December 05, 2017 @06:50PM
(#15857312)
No monetary constraints, because I borrowed from the bank of middle-class parents.
No opportunity costs because my earning potential after college was much higher then before. Not everyone can become a college dropout who founds a unicorn.
My situation is not unusual.
Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market
by ultraluminous on Wednesday December 06, 2017 @12:02AM
(#15858672)
"the bank of middle-class parents" is not a real bank. It's your parents. You can pay them whenever (and you most likely never fully/really will, and that's ok). Your opportunity cost might be true and might be "I can't help support my family on a part time job".
Your situation might not be extremely rarefied, but I don't think you grasp the immensely insurmountable advantage you have in this scenario.
If you went to college voluntarily and did not care about neither the monetary constraints nor the opportunity costs, then sure that's a vacation. I suspect pretty much anything can be framed as such under those circumstances. For most people, this is not actually a realistic option.