Re:Student debt is haunting Americans from graduation to ret...
by codydh on Wednesday April 17, 2024 @10:28AM
(#40065145)
Agreed. There's a lot of blaming 18 year olds for taking out loans (which many of them were encouraged to take) pursuing degrees that might not earn enough to pay off (while they were encouraged to follow their heart).
The real issue is that schools are too expensive. It shouldn't be a mistake that takes a lifetime to pay back if you pursue a degree that "the marketplace" doesn't reward with a six- or seven-figure salary.
I certainly wasn't educated on the long term consequences of debt when I was that age and I was relatively well off. We are, after all, discussing education. So the person who is striving for an education is being criticized for not being financially educated enough from the start?
I know that somebody is going to get on my case for defending ignorance. But maybe we shouldn't have systems in place that allow millions of people to make the same wrong decision? Fault can lie on both sides.
Maybe the difference here is that she chose to pay for a masters, which is a graduate degree. I think the personal responsibility argument carries more weight at that point.