When I went to college, I managed to survive and pay tuition with a minimum wage job. Took six years, but I did it and graduated about $8k in debt. That was in 1970. Now, the tuition at a state college is more than you can make on a minimum wage job, assuming you give up eating and sleep in the library ( yes, I did know a guy who did that in 1970). Not all families have money for college, not all kids who could do well in college even have families, and making college inaccessible to those who don’t is creating a caste system.
My wife got student loans around 1990 to pay tuition and keep her kids fed and housed, when she was in her 40’s. She has had a good job for 23 years, and will probably retire next year. With interest, her loans amount to about $36,000. It amounts to a permanent drain on a productive, tax-paying citizen. The student loan system needs some reforms.
I’m probably well on my way to dying with my debts as we speak.
And before any creditor can get ahold of any money my estate may have left, I’m sure the state of California or Medicare will take any monies first to offset the cost of my medical care, including any hospitalization and surgery, leaving the creditors even more screwed by me than when I was alive.
somebodyshort almost 7 years ago
The best way to screw your creditors, die with massive debt. Any candidates ?
wiatr almost 7 years ago
Do they let you die if you still owe?
gammaguy almost 7 years ago
If he’s 96 and went to college at the usual age, any student loans he had (if any) probably wouldn’t have amounted to more than a few hundred dollars.
Or did he go back to school after his 80th birthday?
gmartin997 almost 7 years ago
I hate it when some someacre just has to take the humor out of a comic strip. Who cares?
tigre1again almost 7 years ago
I’ve seen some smart, and strange, birds in my day. Never ask for whom the loan tolls. It tolls for thee. With interest.
Diane Lee Premium Member almost 7 years ago
When I went to college, I managed to survive and pay tuition with a minimum wage job. Took six years, but I did it and graduated about $8k in debt. That was in 1970. Now, the tuition at a state college is more than you can make on a minimum wage job, assuming you give up eating and sleep in the library ( yes, I did know a guy who did that in 1970). Not all families have money for college, not all kids who could do well in college even have families, and making college inaccessible to those who don’t is creating a caste system.
BiathlonNut almost 7 years ago
But the banks are made of marble, with a guard at every door …
MeGoNow Premium Member almost 7 years ago
That’s why I keep an excellent credit rating, so when I figure my time is about up, I can borrow huge amounts.
grainpaw almost 7 years ago
My wife got student loans around 1990 to pay tuition and keep her kids fed and housed, when she was in her 40’s. She has had a good job for 23 years, and will probably retire next year. With interest, her loans amount to about $36,000. It amounts to a permanent drain on a productive, tax-paying citizen. The student loan system needs some reforms.
californicated1 almost 7 years ago
I’m probably well on my way to dying with my debts as we speak.
And before any creditor can get ahold of any money my estate may have left, I’m sure the state of California or Medicare will take any monies first to offset the cost of my medical care, including any hospitalization and surgery, leaving the creditors even more screwed by me than when I was alive.