• ArbitraryValue@sh.itjust.works
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    11 months ago

    Cause it not like the loans are predatory or anything.

    I’ve met people who foolishly took out six-digit loans to go to college and I agree that those loans ought to have been denied to them, but most people I know went to relatively low-cost public universities or to the private universities that gave them generous need-based scholarships. My own family wasn’t poor by the time I went to college and my education at a prestigious private university cost a total of about $45,000 (in 2006) after the need-based scholarships that I got. Some of that was paid for by loans and I don’t feel that those loans were predatory.

    Cause its not like the prices keep going up cause the loans keep giving more and more.

    That’s an argument for the government to help college students less, not to help them more.

    • UrPartnerInCrime@sh.itjust.works
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      11 months ago

      So because you know a couple people who maybe didnt make the best decisions, forget everybody else. How many students who take out those high loans go on to become something useful and needed by society. Cause the people I know that took out that much mostly went on the become doctor’s.

      That’s an argument for the government to help college students less, not to help them more.

      Yes cause the students have the power to set the prices. It’s the loan givers dealing with the universities that keep driving up prices. If the government was to step in and say we’re only paying this much the prices wouldn’t be so exorbitant. You know, like the other developed countries do.

      • ArbitraryValue@sh.itjust.works
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        11 months ago

        Doctors borrow that much for medical school. Their undergrad degree doesn’t cost more than anyone else’s.

        The government does step in and run state schools where it sets the prices, and its prices are reasonable. In this context, private universities are a luxury.