Comments on: A record 1 in 5 homes has student loan debt
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- My dad with a 6th grade education and my mom who was left fatherless during the Great Depression and had to take job as a nanny put 4 of us kids through college. We worked in the summer and got an occasional part time job when going through school to help out, but it was our parents who sacrificed and put us through school, so I have a hard time hearing a student tell me his doctor dad told him to put himself through school, that he wouldn't help him at all. We only had one son and set $20K aside for him to help him through school in case one of us died. He went to school in California where the tuition was a lot less than other states although it is quickly catching up. We paid for his tuition, books, health and car insurance and he had a job while going to school not with a full load and took about 8 years to graduate. He paid off his room and board with a bunch of roommates with the money he made. It took a while to graduate but with an engineering degree he started out at around $70,000 a year. Not a bad investment. He's in Hawaii now on business, not a bad job.
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- I saw this story and was struck by how entitled the student felt. 10 years out of high-school and holding a bachelors degree all she could think about was continuing school to do what she wanted. it seems to me she should act like an adult and go to work and start paying her loans off. She is almost 30 years old, it is time to grow up and do what needs to be done rather than merely what she wants to do.
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- I remember when California universities were essentially free to students with a 3.5 gpa or above before Reagan.
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- The benefits to amassing so much debt, vastly exceed our inability to repay it. We all need to get a student loan, just in case we will be out of work, for four years, or more. If we all have these loans, prepared for use, then there will not be a need for worrying about, "unemployment." The 1% got a bailout, the 99% has to retrain. No biggie, our great nation can afford it because we are free, and pay our taxes. It is the new entitlement, and all student loans, must be paid back, it is the law. Hey, just make a law that we all must have medical health care, security in old age, 100% medical for prisoners, and student loans, for all Americans. It would save us, from ever have to "earn" or care about anything worth working for. We can all just school our way to the all American middle class living standard that is guaranteed us in the voting public. We will be the smartesticles culture in the world because education guarantees an advance culture that could afford paying off all our debts. Nevertheless, just in case, whom do our nations leaders call, when our country can no longer afford to print money, for student loans?
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