Re:The Student Debt Problem Is Worse Than We Imagined
by troupe on Saturday August 25, 2018 @08:47PM
(#17843521)
It isn't that the game is rigged. It is that it assumes rational actors are making wise decisions about their future. Someone who carefully selects a degree that they know will let them pay back their loans is who the system is designed for. There are a lot of people who aren't behaving that way. The numbers are high enough that this isn't just a matter of some people having some hardship. This a large number of people making very poor decisions.
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Re:The Student Debt Problem Is Worse Than We Imagined
by awocs on Saturday August 25, 2018 @09:26PM
(#17843668)
When it comes to society level discussion it seems that it is often assumed that people make irrational decisions. I am not sure that is true. For a lot of people it makes sense to take a chance on something unknown rather than to face likely failure. That is presumably also why they think the game is rigged. Because if you ask the average person who didn't go to college they probably aren't doing particularly well either.
Re:The Student Debt Problem Is Worse Than We Imagined
by troupe on Saturday August 25, 2018 @09:35PM
(#17843701)
If you look at the debt people are willing to acquire in pursuit of something like a degree in theater, it is hard to say it is rational behavior. They are taking a chance on something unknown rather than facing likely success with a career path that is in demand.