I think colleges are going to be forced to reconcile that issue in the near term. A few colleges with heavy

May 8, 2019
10:16:28am

Bob Vance All-American

name recognition will glorify their non-STEM humanities stuff. The rest will probably start cutting those programs, especially if colleges have to start sharing in the risk of loan defaults.

Report problem with this ad

Bob Vance

Bio page: Bob Vance
Joined: Feb 13, 2006
Last login: Sep 18, 2024
Total posts: 53,062 (7,180 FO)

Report problem with this ad

Messages

Author

Time

Why student loan debt is so pernicious.

Adrielle Lone Biker of the Apocalypse

5/8/19 9:52am

4th - people are dumb and need to be protected from themselves and their parents

cougfanz

5/8/19 9:54am

RE: Why student loan debt is so pernicious.

garyfan

5/8/19 9:59am

RE: Why student loan debt is so pernicious.

diluigifan

5/8/19 10:44am

I think bankruptcy should only be a last resort, but it ought to be an option

KingDave

5/8/19 11:30am

You can do this currently.

Iron Coug

5/8/19 1:45pm

One step I think would help a lot is if the money went straight to the

crack

5/8/19 10:02am

Know many stories like this even if not a vacation but other things-- car, housing remodel, etc.

soupie

5/8/19 10:28am

Oh also, I would limit the amount of time people could put it off. There is no

crack

5/8/19 10:33am

This. I know one with Jazz season tickets

Cougarbib

5/8/19 11:38am

Great post. Considering the route your daughter took, it's a huge blessing to

WDaddy

5/8/19 10:03am

College is about more than becoming a STEM bot, though. I get what you are

Iman23

5/8/19 10:09am

I think colleges are going to be forced to reconcile that issue in the near term. A few colleges with heavy

Bob Vance

5/8/19 10:16am

As a person who has a Liberal Arts degree, I understand, but

Adrielle

5/8/19 10:25am

I htink the problem is a little deeper. It starts in Junior High and High School

Iron Coug

5/8/19 10:15am

Our local high schools are expanding vocational training programs with enormous success.

SaturdaySpecialDay

5/8/19 10:26am

Oh, i totally agree. We are the only country in the western world that tries to track

Adrielle

5/8/19 10:32am

Bwahaha

jxncoog

5/8/19 12:04pm

Meanwhile, the guys with the biggest houses are the plumbers and the

Cougarclaw

5/8/19 10:15am

Along with private loans should be the ability to have the loans discharged in

Odysseus

5/8/19 10:22am

Exactly right.

Adrielle

5/8/19 10:33am

I just read John Grisham's The Rooster Bar. Funny novel with student debt

JmThms

5/8/19 10:33am

Students and their families simply borrow too much money. Many of them give no thought to how

lightmann

5/8/19 11:02am

I don't think we should so readily discount "worthless" liberal arts degrees.

demon_llama

5/8/19 11:05am

I have an English degree

Adrielle

5/8/19 11:52am

I'm not even opposed to gender and ethnic studies if that's what you want to

demon_llama

5/8/19 4:03pm

Yes. Someone needs to repair cars, build houses, mow lawns, pick fruit,

Cougarbib

5/8/19 5:15pm

$200K for an English degree pursuing a teaching career is fine if you have $200K

Cougarbib

5/8/19 11:55am

If banks would adjust the terms of the loans based on

KingDave

5/8/19 12:03pm

Like my dad always said, "If I owe the bank $10,000 I have a problem. If I owe

demon_llama

5/8/19 4:01pm

I got a psych degree from BYU, which helped me get a job as an underwriter.

dchandle15

5/8/19 11:53am

RE: I got a psych degree from BYU, which helped me get a job as an underwriter.

Adrielle

5/8/19 12:03pm

Now, suppose you had borrowed $250K to get it from Stanford

Cougarbib

5/8/19 12:09pm

That’s a good point. And I also did work while in college, so maybe we are both

dchandle15

5/9/19 12:39am

We are. Be prudent. Be efficient. Work hard. Make sacrifices. Then,

Cougarbib

5/9/19 11:44am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad