Student Loan Debt: Should everyone have access to loans?

Serious

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Kinda but not really, the rise of STEM careers have allowed schools to charge more for tuition because the lack of well paying jobs for under-educated people are declining while in order to go into a STEM field and compete you will most likely need a Master's.
Man if that, a ph.d in a hard science, doesn't guarantee a gig after all those years of school....
 

L&HH

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I know dudes who registered for a semester just for the 3k check. On the flip I know more people who took out more, used it to get an education and couldn't find a decent job after.... its all just part of the same system
This is what I never really understood. the check is made out to them personally? All my shyt was schollys and done through the government but I was thinking about taking a student loan this last semester to get some money to flip :ehh:
 

A Real Human Bean

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Why must it be justified in the first place and to whom? :ld:

not that you're wrong, just curious as to how you have decided that education cost need to be justified...

Why should people have good reasons for doing things? That's an absurd question and I think you're more than intellectually equipped to answer that yourself.

Universities should have their costs economically justified to the people of the communities they serve, which in this case is the United States.
 

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Why should people have good reasons for doing things?
No, why should schools have to justify their cost?

All studies show it to be not only a worthwhile investment, but a great investment. What exactly are you asking them to justify?
The return by all accounts justifies the cost... unless I've missed something. In which case please share. :ld:
 

A Real Human Bean

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No, why should schools have to justify their cost?

All studies show it to be not only a worthwhile investment, but a great investment. What exactly are you asking them to justify?
The return by all accounts justifies the cost... unless I've missed something. In which case please share. :ld:

"why should schools have to justify their cost" = "why should schools have good reasons for charging the prices they do" = why should people have good reasons for doing things"

Again, I think you can figure this out.

You imply that an action is justified or not based solely on whether it gives a decent ROI to the individual. By this definition you support all corrupt and oppressive states as long as the policymakers earn a nice return from their actions! I think you can see what's wrong here.
 

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No, why should schools have to justify their cost?

All studies show it to be not only a worthwhile investment, but a great investment. What exactly are you asking them to justify?
The return by all accounts justifies the cost... unless I've missed something. In which case please share. :ld:
It offers a nice return on investment because ppl are pretty much forced to have a higher education in order to obtain a decent standard of living even if the job that they get out of college really didn't need them to do that much schooling or goto school in the first place.
 

DEAD7

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"why should schools have to justify their cost" = "why should schools have good reasons to charge the prices they do" = why should people have good reasons for doing things"

Again, I think you can figure this out.

You imply that an action is justified or not based solely on whether it gives a decent ROI to the individual. By this definition you support all corrupt and oppressive states as long as the policymakers earn a nice return from their actions! I think you can see what's wrong here.
The students are investing and earning a good return no?...
It sounds to me, like you're demanding justification for something that benefits the vast majority of those involved... and I'm wondering why?


Let me pose the question: Is the current cost(on average) of a 4yr degree worth it? Are students being fleeced?


 

acri1

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The students are investing and earning a good return no?...
It sounds to me, like you're demanding justification for something that benefits the vast majority of those involved... and I'm wondering why?


Let me pose the question: Is the current cost(on average) of a 4yr degree worth it? Are students being fleeced?

That question does not have a real answer, it's completely situational and dependent on the student, the school they go to, and their major.

But what we do know that having such a large number of young people in so much debt is a huge drag on the economy in general. People with a bunch of student loan debt are less likely to buy houses (and when they do it's at a later age), less likely to buy cars, more likely to live at home, less likely to get married or settle down, less likely to make any big purchases, more likely to have messed up credit, etc.
 

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The students are investing and earning a good return no?...

Let me pose the question: Is the current cost(on average) of a 4yr degree worth it? Are students being fleeced?


Is this a serious question? Where have you been for the past few years? Student loan debt is at record highs and there is no economic justification for it. Take a look at this article, it breaks it down in very simple terms.

The conclusion is particularly important:
It would not be hard at all to make higher education completely free in the USA. It accounts for not quite 2% of GDP. The personal share, about 1% of GDP, is a third of the income of the richest 10,000 households in the U.S., or three months of Pentagon spending. It’s less than four months of what we waste on administrative costs by not having a single-payer health care finance system.
 

DEAD7

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Would it be fair to say that college has become(or has always been) a barrier?

and a barrier that is proving to be bad for the economy?

 

Big Blue

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I remember for a EU program i was talking to a few students from top schools like exeter.. and they told me their tuition was something like 4-5k a semester :why:
Mine was 6K a YEAR. It's constantly listed at the top value colleges.
 

Sensitive Blake Griffin

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Would it be fair to say that college has become(or has always been) a barrier?

and a barrier that is proving to be bad for the economy?
it's only a barrier because of it's unreasonable cost. College has such great value. I would be still in school working on something else if it were free, becoming more and more educated.
 

mbewane

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Of course not:childplease:. Only those who have enough money should have access to it and to education, because they deserve it more than the poor.

:troll::troll::troll::troll::troll:
 
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