Student Loans are the New Indentured Servitude

Re:Student Loans are the New Indentured Servitude by Chocobean on Monday October 12, 2009 @08:27PM (#877983)

article makes a few interesting points :

1) is it fair to ask "children, 17, 18 or 19 years old, to try and assess how much of a student loan debt burden they can handle vis-a-vis their future income over their entire lives"?

2) "people under indentured servitude had the job waiting for them"; students do not.

3) Obviously, after living a lifestyle one cannot afford for several years, it will take more than several years to pay off the debt.

Student loans are not indentured servitude; living above your means is.

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Re:Student Loans are the New Indentured Servitude by jbellis on Monday October 12, 2009 @10:19PM (#878154)

> is it fair to ask "children, 17, 18 or 19 years old, to try and assess how much of a student loan debt burden they can handle

I don't know about you, but I discussed that question off and on throughout high school with my parents while deciding where to apply for college. It's not like it was a surprise one morning where I had to decide with no time to prepare or ask someone more experienced about.

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