Matt Davies for May 31, 2022

And still the lack of political will to support education over outrageous financial interest At Very Least, I call BS on charging interest on these loans… the government is Not a bank…and should not be banking on the backs of our youth

It’s worse when employers won’t hire “overqualified” applicants.

I started college in 1970 in California, at that time community colleges were free (Fresno City College had a $10 student activity fee) the state universities had tuition of about $100 semester. If you had any work experience $2 hour jobs were readily available. In 1975 graduate school tuition at Univ. Texas was $210+$2 semester for a gym locker. Rent on a 1 bedroom near campus was about $120 month in both Fresno and Austin.

It should be the states that refund the exorbitant tuition they have been charging the past 25 years and not the Federal Government which will only encourage the states to further slash support if they believe the Feds will bail their students out.

Hilarious the way Davies portrays the graduate, as if she is suddenly surprised at the debt, SHE got herself into. These students are very intelligent, so they know what they are getting into. If they wish to get all that debt for some degree that won’t earn them enough to pay it off, well that’s on them.

True, just true.

We have gone from where you could pay for a good education in a state school by working part time (with the help of a small tuition scholarship) to an abomination where many grads have their future mortgaged to pay for their degree. And we are now seeing housing costs (both rent from buy-ups by hedge funds, etc., and ownership) going through the roof. Medieval!

Had my comment scrubbed. Why?

If I was going to school today, I would get a Business Degree from a Community College and a good trade School. I would be better educated.

I think it’s wonderful that we turned colleges into trade schools, required the diploma, and turned the graduates into indentured servants of corporations. The indenture lasts until the loans are paid off.

Their course load obviously did not include a business course that explained the terms ‘loan and or debt’

My wife and I saved and sacrificed – no cruises, vacations, fancy cars like our friends – to pay cash for both sons through UW-Madison undergrad and then grad school/med school. So we have little empathy for those who could’ve afforded it, but now want loan forgiveness for their kids.

The disease called capitalism.