College Education an Entitlement?

[berkeley]

Originally Posted by seguidordejesus

Can you not read? The student loan money.

Love that. Remind me of a younger me.

[nahkoe]

Originally Posted by coadie

Graduated high school
graduated from high school

I know a lot of education inhibited people that remind me they "graduated high school" not from high school.

Yep. After my second graduate degree, my college debt was 300 dollars.
Fortunately I started my career with no financial burden.
My parents helped out by sending food at Christmas.

One of the issues is resourcefullness. Students need to learn how to get it paid for in addition to learning endurance education takes.

Hey coadie...not all college students are 18 years old, single, and childless.

I'm 30+ with four children, a single parent and not receiving a dime of child support. Any ideas how I can reduce my student debt, cuz it's definitely outrageous. Oh, as for resourcefulness, I've managed to keep four kids clothed, sheltered, fed, and on an academic track that's far above their peers, work full time, and go to school full time, for most of my college education. But, loans have played a huge part of this and I haven't had time to look for grants and scholarships above what the college has just handed me (mostly pell grants, very, very few scholarships). Right now, granted, I'm not working. But I am homeschooling vs public schooling my children and I'm also taking 9 credits in 8 weeks so time is still kind of limited.

Thanks!

[seguidordejesus]

Originally Posted by Berkley

Love that. Remind me of a younger me.

Just had to indulge myself a little

[coadie]

Originally Posted by seguidordejesus

Can you not read? The student loan money.

The money is already in the economy. It never left.

M1, M2, M3 are all measures of money supply.

Can you tell me from memory in which figure the "money" is categorized?

This is the problem with education. A lot of this used to be covered in High school.

[seguidordejesus]

Originally Posted by coadie

The money is already in the economy. It never left.

M1, M2, M3 are all measures of money supply.

Can you tell me from memory in which figure the "money" is categorized?

This is the problem with education. A lot of this used to be covered in High school.

So you're arguing that it's better to have millions of people tens of thousands of dollars in debt?

[coadie]

Originally Posted by nahkoe

Hey coadie...not all college students are 18 years old, single, and childless.

I'm 30+ with four children, a single parent and not receiving a dime of child support. Any ideas how I can reduce my student debt, cuz it's definitely outrageous. Oh, as for resourcefulness, I've managed to keep four kids clothed, sheltered, fed, and on an academic track that's far above their peers, work full time, and go to school full time, for most of my college education. But, loans have played a huge part of this and I haven't had time to look for grants and scholarships above what the college has just handed me (mostly pell grants, very, very few scholarships). Right now, granted, I'm not working. But I am homeschooling vs public schooling my children and I'm also taking 9 credits in 8 weeks so time is still kind of limited.

Thanks!

I attended a private High school. I actually lived at home and also earned all my tuition. we were taught that you get right with God, get your education and career, get married and then have a family. I observed that order still works today. In the bible men often first married in their 30's to age 40.
I understand. My son had a friend whose mom was single and broke. They forfeited a car so she could get an engineering degree.
I worked hard as a student. I remained single until after school was done and I was a company president before the age of 30 before getting married. I continued getting degrees and the 4th one I finished was a money making profession. I knew that when I started and it gave me a strong job offer from campus recruiters. As soon as we had kids, my wife stayed home to raise them.
Education is expensive and often people don't look at return on investment.

[coadie]

Originally Posted by seguidordejesus

So you're arguing that it's better to have millions of people tens of thousands of dollars in debt?

It is clear if you read that nothing I said indicates that.

I am an honest person and believe people need to pay back their debts.
I realize that many of these debts are the result of bad spending habits.

A little teaching moment for you. When students pay back their loans, the banks have more money to lend to other investments.

One of my children is an architect. At graduation, she has no debt. I have a friend that just retired as an architect and has only recently paid off his student loans forom 30 years ago. They alwys lived on debt for trips, cars and boats. What kind of bondage is that?

I actually advise people pinch and save and pay back student loans before buying a house and buy a house before they ever buy a set of wheels that has a car loan attached.

[nahkoe]

Originally Posted by coadie

I attended a private High school. I actually lived at home and also earned all my tuition. we were taught that you get right with God, get your education and career, get married and then have a family. I observed that order still works today. In the bible men often first married in their 30's to age 40.
I understand. My son had a friend whose mom was single and broke. They forfeited a car so she could get an engineering degree.
I worked hard as a student. I remained single until after school was done and I was a company president before the age of 30 before getting married. I continued getting degrees and the 4th one I finished was a money making profession. I knew that when I started and it gave me a strong job offer from campus recruiters. As soon as we had kids, my wife stayed home to raise them.
Education is expensive and often people don't look at return on investment.

Well, I'm so happy you did everything right, and I did everything wrong.

However, it's not quite as wrong as you think. I got married and stayed home with my children while my husband worked and attended college. The plan was for him to complete his degree and enter the workforce in a much higher paying field. Once he had done this, I was going to begin attending college around his work schedule so one of us was home with the children at all times. He was going into a field that often allows for telecommuting. His goal was to work towards working from home at least part time, enabling me to enter the workforce with my degree once I completed college around the children's needs. Oh, I suppose he could have finished his degree before he married and had children, but he had a very good paying job in his preferred field at the time we got married. He then chose to enlist in the military before attending college.

Now, somewhere in the midst of his college education, he decided he didn't want kids after all. So he's remarried with at least 2 more kids now... And I'm raising our four children completely alone, while in college because I know I can't support four children on a fast food income.

So again...how do I get scholarship money? (oh, and I am doing homework while I'm typing this...listening to philosophy lecture...weeeeee)

[nahkoe]

Originally Posted by coadie

I actually advise people pinch and save and pay back student loans before buying a house and buy a house before they ever buy a set of wheels that has a car loan attached.

I don't own a house and I don't own a car. Next?

[coadie]

Originally Posted by nahkoe

Well, I'm so happy you did everything right, and I did everything wrong.

However, it's not quite as wrong as you think. I got married and stayed home with my children while my husband worked and attended college. The plan was for him to complete his degree and enter the workforce in a much higher paying field. Once he had done this, I was going to begin attending college around his work schedule so one of us was home with the children at all times. He was going into a field that often allows for telecommuting. His goal was to work towards working from home at least part time, enabling me to enter the workforce with my degree once I completed college around the children's needs. Oh, I suppose he could have finished his degree before he married and had children, but he had a very good paying job in his preferred field at the time we got married. He then chose to enlist in the military before attending college.

Now, somewhere in the midst of his college education, he decided he didn't want kids after all. So he's remarried with at least 2 more kids now... And I'm raising our four children completely alone, while in college because I know I can't support four children on a fast food income.

So again...how do I get scholarship money? (oh, and I am doing homework while I'm typing this...listening to philosophy lecture...weeeeee)

When I taught, I had a good number of students that did not have degrees that took jobs that helped with tuition.

Two of my kids took afternoon classes at the University while living at home before finishing high school. One had a year and another had 2 years college when turning 18. We have a lot of folks in church doing grad school while their kids are in high schoo.l. It is very hard to do school after starting a family.