Buc2 wrote:Mountaineer Buc wrote:But Bear, we've already established that a degree is no guarantee of financial success. Colleges today are full of engineering and computer science majors who are miserable. Why go into debt to study something you hate? Because you MIGHT get a good paying job that you'll hate? Why put yourself through that?
If what our kids are interested in is in a college then they should go there. If it's in a vocational school, they should go there. Half of graduates end up not working in thier field anyway. At least they spent 2-4 years getting immersed in something that they are passionate about. Now all we have to figure out is letting them do it without drowning in debt.
Simple. Stop with the easy loans. It's ridiculous. There are other avenues to getting into college without resorting to student loans that can't be repaid. Bottom line, if you can't afford to go, then don't go. Do something else. I don't see where anyone is doing these kids a favor by letting them go to college to study something they can't get a job in when they finish so they can afford to pay off their loan debt. This is going to be the next bubble most likely. The student loan bubble. It will all come crashing down. Soon if I had to guess.
I have an even easier solution...