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Post by redwolf on Oct 4, 2007 20:04:43 GMT -6
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Post by blueneck on Oct 6, 2007 14:16:37 GMT -6
I remember having to take out some loans to finish my last two years of college after having "payed as I go" up until that point.
It took almost ten years to finally pay it off. Student loans are a scam worse than a credit card - you pay and pay and pay yet the balance never seems to go down. I finally came into a minor windfall and paid ti off, otherwise I'd still be paying it.
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Post by Ryan on Oct 6, 2007 22:39:21 GMT -6
This is why those "high tax" European countries offer higher education available to anyone. It is due to the wealthy helping out and paying their taxes which go towards the poor, so the poor can afford to go to college, get a degree, and be sucessfull, thus driving productivity and expand the knowledge base.
I knew a friend who went to Austrailia for a semester a few years back for hardly any cost to him. He stated that it was the case for any student who went to college down there. When is America going to wake up and let every child, regardless of income level, have the opportunity if he or she chooses, to pursue a higher level education?
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Post by graybeard on Oct 7, 2007 7:58:24 GMT -6
Politicians and the media push for more and more college education. A lot of people are already educated beyond their intelligence. The majority of young people are either not mentally or not emotionally equipped to benefit from true higher education. Meanwhile, technical courses and technical schools are being closed everywhere. Who's fixing all the things we use every day? Throw-away cars and appliances can go only so far, especially with the quality of crap from Communist China.
The last I knew, higher education was not available to everyone in England, Germany and Sweden. The less able were culled out long before college age.
I'm all for almost any change to the present healthcare payment system we have in the US. My wife always had high medical costs, so in my work I sought out and stayed with large companies that had good medical plans. Now those plans are going away, save for a very few generous companies.
I keep telling my single (small business owner) son to find a woman with a good medical plan. He says that's no reason to marry a woman; I say it is.
GB
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Post by whoswho on Oct 12, 2007 5:59:28 GMT -6
I used to think my mother was crazy, but now I think she is the only smart parent I know. She pulled me out of college in 1973 and put me in vocational school, because it only cost four dollars a month. Even vocational school is pricey now. I think it is a shame that education is held hostage to the degree that it is today. We really do have indebtedness entrenched in every aspect of our lives.
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Post by redwolf on Oct 12, 2007 7:15:22 GMT -6
Michael Moore covers this debt issue in his movie Sicko. Most Americans are so in debt once they finish college that they have to fall in line or risk not being able to pay their loans. I think credit card debt falls into the same category. Of course, with fewer employers providing decent health insurance, you definitely have to tow the company line if you don't want to lose everything to an uncovered illness.
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