Re: Suddenly everyones talking about how expensive COllege is ..
driven
12/19/2011 12:49:04 PM
I agree, Ashish. Well worth reading.
Re: Suddenly everyones talking about how expensive COllege is ..
Drivewaygirl
12/19/2011 12:30:32 PM
Very interesting piece Ashish. Thanks for sharing.
Suddenly everyones talking about how expensive COllege is ..
back2basicz
12/14/2011 1:54:36 PM
Guys,
Now Obama wants in on the action too....
http://www.economist.com/node/21541398?fsrc=nlw|mgt|12-14-2011|management_thinking
Joey you bring up a great point that many miss when they go to college, its and investment and you should look at your ROI. If you are taking out a loan make sure that your chosen career can accommodate paying back that loan. If you are attending an expensive Ivy League school with a liberal arts major think seriously about what your are signing your name to—you may not be able to acquire a salary that will meet your payments. Research your chosen field and then determine the amount of debt you should take on. The days of follow your heart in education are gone, its way to expensive of a proposition.
Re: Debt is debt
erierunner
12/12/2011 11:40:23 PM
It's funny, the kids are allowed to sign for 30K in debt like you mention but they put laws in place that credit card companies can't offer a t-shirt on campus to get an application for a credit card. Little backwards on where the focus should be if you ask me.
College should not be free and debt should not be forgiven. What does need to happen is someone somewhere needs to step in against the rising costs. How can endowments grow at the rate they are today and you still see an 8% increase. There is no oversight as to what is charged and an annual increase is a given no matter what the school budget is. Do this year after year and you get the amount of debt that we have today.
Re: Loan Forgiveness
Bullseye
12/9/2011 6:16:41 PM
My state offers up to $12,192 sponsored by Cal grants. Google California grant and there is plenty of information. Also, there are federal grants for education. My niece received a $25000 grant for art school. Hope this helps.
If you can't locate any options let me know and I'll help. Happy Holidays.
@Bullseye -- Please tell me what financial aid programs are applicable. Take a $40,000 a year school. You'll get $5000 or so MAX as a fed grant. Maybe another $2000 if you qualify for some kind of state aid. So basically you or your parents have to get loans for the balance. All those scholarship offers? More like glorified requests for personal information. Very few legit scholarships and the few that are rate as extremely hard to get.
Dex,
Sounds quite simple right? Unfortunately for too many entitlement seekers all across America its too much to digest.
Way too many people today are dependent on the State in some form or another and any move to reduce this dependence will most probably create immense violence or social instability/anarchy.
Main reason is people will not know what to do.
BAsically You can take a horse to a pond but u cant teach him to drink.
Nice rant against socialism here do read
http://www.blackswantrading.com/blog/bid/72224/Are-we-an-artificial-hierarchical-oligopoly
Regards
Ashish.
Re: Develop a thick skin
Tenacious
12/8/2011 1:14:19 PM
You're a good writer Joey. Keep it coming.
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