Comments on: Lenders Cut Back On Student Loans

Many Private Financial Institutions Are Choosing Not To Finance Educational Expenses

[whatsup49]

too bad students aren''t turning to state universities and colleges, where tuition, books and housing costs are much cheaper. state universities and colleges, in many cases, offer the same level of education that private universities and colleges offer. for example, the texas university where i live has one of the best deaf education programs in the country, as well as one of the best engineering departments. it''s also too bad that there are not a lot of programs that help college students pay for their expenses in return for community service when they graduate.

[hypnotoad72]

jmurrietal, I totally agree.

Posted by GOP_forever


A college education should only be available to those who can save up and afford it. Those who need money should work and save for it.

Posted by GOP_forever


Given what jmurrietal said, you are for a fascist state where only the wealthy are allowed to live?

I agree with what he said too, and maybe I''m missing some context or even sarcasm from your posts.

But what I think makes a society is a person willing to work in it, to put their God-given talents into use and to live a decent quality of life, personal time, and if they wish, family time to raise a family in return. That is freedom.

[hypnotoad72]

I haven''t even gone into detail on offshoring; the wages paid are lower - don''t know much about the quality except for the conjecture I''ve read that it''s poorer and their turnover is high, BUT those countries'' lower cost of living make the wages these corporations pay manna from heaven to them (while the same wages can''t even allow us to live).

And that''s my own conjecture.

[hypnotoad72]

Logical. Student tuition costs have skyrocketed, the pay on (any available jobs) is pathetic*

I recently looked at higher education. Even at other fields. To get an Associates Degree would cost $40,000. In graphic design, the available jobs fetch $30,000/yr. Those jobs are going overseas anyway, and common sense says not to get education in a dying field. (Duh!) Seveeral months ago, CBS News also had a nice article on the future of such jobs -- I printed the article and sent it to the schools I looked at. They were dumbfounded and had no clue -- proof what they were training could easily be accomplished by downloading the trial software and buying a $40 book.

Most jobs don''t need college education, and if everybody had Masters degrees, anyone who thinks poverty would disappear is a *** fool. Techrepublic.com has a great article entitled "The Education Scam". Look it up.


* "70% more than what high school grads" is what''s claimed for those with college degrees -- yet it''s still 70% more than the minimum wage, which still isn''t even a living wage; never mind being able to pay any of the loan back. So why give money to greedy administrators, who wouldn''t give a carp about the quality of the education?

[navyjimfl]

"I''m not paying $200,000 for an education," said Evans. "I''m paying $200,000 for an experience."

I agree......students should go to class and not take these internet diploma mill programs from Troy, Phoenix and Webster.....

[jmurrieta1]

Strange how the billionaires like Gates and Ellison complain about a lack of educated Americans, but the party of billionaires does everything it can to stand in the way of education.

It''s almost like the Republicans, party of Traitors, wants to sell America''s soul for money.

[jtdev1]

The problem with making higher education available to everyone is that it devalues the effort and the achievement.... Posted by barbaraf4


True, but this is happening from the graduates in India and such. College is basically free (or at least very cheap) and a master''s degree is a dime a dozen.

Now we have US Companies requiring at least a masters before they ever consider your resume and the pay is just over minimum wage...

How can we compete? Have to pay a fortune for college and not get enough to live on...

[element51]

barbara4f....While I do agree with you that everyone should take responsibility for their own lives I think you are being a little un-realistic. My niece is a teacher, this is her third year, but most of her friends from college aren''t so lucky. They have degrees in a variety of areas and are unable to find jobs in their career fields. Her boyfriend has a degree in marketing and the best he has been able to do is work in a call center. Now we are talking about good kids here who worked hard to receive their degrees. What about those who, for whatever reason, could not go to college? While having a degree is no guarantee of success, not having one virtually dooms you to failure. My point is that it is hard enough with a degree and almost impossible without one. I also went through the California system and became a teacher and did quite well. I knew I had to prepare for my retirement and my wife and I saved and did without and even with that are having to really watch what we spend. It''s tough out there for these kids and it''s going to get tougher. My heart goes out to them.

[jtdev1]

And how do they expect us to compete in a global market when college in India is essentially free???

It''s bad enough to have to pay the most for an education let alone not being able to borrow the money to get it.

[barbaraf4]

The problem with making higher education available to everyone is that it devalues the effort and the achievement.

When I lived in California, because of the Community College network, higher education was practically free (for the price of your books - this was years ago). When everyone has their degree, you have college graduates working all the entry level jobs that used to be held by high school grads or dropouts. I had a Phd working for me as a data entry clerk.

If you are going to school so you won''t have to grow up and take responsibility for your own life, then school isn''t going to help what is wrong with you.