Quote:
Originally Posted by Death2Theft
Thats all fine and dandy but do you really think everyone out there has the option to do that? What if at age 25 you were 100k in school debt?
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If you're 25yo and $100K in debt, the system has failed you. Unless you're going into a profession in demand that pays extremely well (medicine for example) then the system should have never lent you that much money.
I have many friends that graduated 1-2 years late (ie 5-6 years for a 4 year degree) and ended up $10Ks more in debt. Was it worth it? Most are government workers making $50K/yr, so yes cause they needed the piece of paper to get the job, yet overall they didn't need the degree for a paper pushing government job.
This is why people speculate education is the next bubble to pop as the return on an expensive education is not what it used to be. I hope online universities offering pretaped courses that you can complete at your own pace and for significantly less $$$ becomes a more popular option. Right now you can do this, yet it is not revered so people look down upon it and avoid it.