Just 60% of student loan borrowers made a payment when the bills resumed in October. "This is, in essence, a massive student debt strike," one activist said.
Or maybe it would be better for society, that bases its economy on highly educated people mind you, to not force people to go into debt if they want an education?
Like, sure great, your solution is “don’t take the debt so that you can get educated, work instead”, and then where would that leave society in 10 years?
Or we could do what a MAJORITY of the developed world does, and make college a public good (assuming your grades in HS are good enough), or heavily subsidize it like a lot of the EU does. France, for instance - someone on another thread informed me that for an entire 4-year degree, you pay roughly about 1500 euros in loans. Monthly wages in France hover around 13-1400 euros. So assuming you plan well, you could very easily pay off a 4-year degree with less than a year of minimum-wage work after you graduate.
Maybe don’t go into debt to begin with? And yes, I did go into student debt, but I paid it off. How? Shit wage at a few horrible jobs. It can be done.
can I borrow your bootstraps?
“Just don’t go into debt,” they say while talking about a system designed to put people in debt.
What year did you graduate?
How much was your debt?
What were those ‘shit wages’?
What were your other expenses? How much of those ‘shit wages’ were you able to put towards the loan vs. your cost of living?
What year did you pay it off?
I’m quite curious.
Or maybe it would be better for society, that bases its economy on highly educated people mind you, to not force people to go into debt if they want an education?
Like, sure great, your solution is “don’t take the debt so that you can get educated, work instead”, and then where would that leave society in 10 years?
Or we could do what a MAJORITY of the developed world does, and make college a public good (assuming your grades in HS are good enough), or heavily subsidize it like a lot of the EU does. France, for instance - someone on another thread informed me that for an entire 4-year degree, you pay roughly about 1500 euros in loans. Monthly wages in France hover around 13-1400 euros. So assuming you plan well, you could very easily pay off a 4-year degree with less than a year of minimum-wage work after you graduate.
When did you do that? And how long did it take?
Answered in other comment. I appreciate the question!