Here is a poster child for it. Note that, like the president, she blames everyone but herself.
31 thoughts on “The Value Of A College Education”
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Here is a poster child for it. Note that, like the president, she blames everyone but herself.
Comments are closed.
My posts over there don’t show up???
I imagine the bank has some say about full responsibility with her co-signer.
I see one comment at 6:26 pm, in response to #1.
At PJM, sometimes my comments show up immediately, and sometimes they take awhile. There doesn’t seem to be any rhyme or reason to it.
The thing is, in a reasonable society, nobody would have been insane enough to lend her that kind of money. We know there’s going to be colossally stupid and naive people out there. Lenders who give huge loans (or really high interest loans) to such people would be punished through loan defaults and similar things in a reasonable society.
She would probably be a college dropout in the reasonable society. She’d still earn about what she currently does, and whine just as much and just as ungratefully. But at least she wouldn’t owe $188k.
I think at a certain point, it just doesn’t make a lick of sense to expect an overgrown child to understand or pay off that kind of debt. One needs to write off the losses at some point. And that is the fundamental purpose of bankruptcy.
Bankruptcy doesn’t work like people think it does.
Go check it out sometime.
Already have. It’s worth keeping in mind that the whole reason student loans were exempted from most of bankruptcy law was precisely because people were successfully using bankruptcy law to void their student loan obligations and driving up costs for the federal government.
I can’t see how you can have any idea about bankruptcy and still talk about “voiding loans”. It doesn’t work that way.
Yeah that is about it. A lot of these people with crippling loans shouldn’t have been granted loans in the first place. Also if it wasn’t so easy for people to defer debt I doubt things like tuition would ever rise up so much to begin with. Tuition is high precisely because loans are easy to come by.
Strange that the writer chose not to specify the degrees she earned.
She didn’t earn that.
The best comment on that thread was Scott at #28, where he describes serving in the Army as an infantryman to get G.I. Bill benefits, and then working a variety of part-time jobs to fund his education.
Capn Rusty then responded, “You didn’t create the U.S. Army that gave you such an advantage…”
Yeah he didn’t. The GI Bill was passed when FDR was President. People died all the time in the army before that and did not have the privilege (which is what it is) to get the US Government to pay them to go to college.
Big differences regarding the value of a college degree then vs now.
Back then many fewer people went to college. Also colleges offers real, useful degrees. The impact of having more college graduates back then was far greater than now.
So the GI bill was far more useful to the nation back then, in my opinion.
Not that I would remove the GI Bill program for people who have s3erved in the military and were honorably discharged.
Oh, the poor dear. Apparently she was told that there would be no math in real life.
“Lenders who give huge loans (or really high interest loans) to such people would be punished through loan defaults and similar things in a reasonable society.”
The trouble is the lenders are underwritten by Uncle Sam whose “free credit” have allowed colleges to overcharge for the better part of two generations. Government student loans and “aid” are why your father could work his way thru college with summer and part-time earnings but your child will have the privilege of borrowing for college at the annual price of a decent sized sports car.
Admittedly, she is a moron, but she is aided and abetted by decades of an idiotic congress and presidents elected by greater fools.
And despite all that education, she can’t string together coherent sentences.
I’m betting she studied education.
Heh, anyone want to set up a betting pool on what degree she had?
Electrical Engineering?
Oh I can guess from her pompous discourse and the fact that I never heard of either place.
She is not the problem. A healthy society should have no problem dealing with idiots. If a bank is willing to give her a loan based on a cosigner, that isn’t the problem either.
The problem comes when the government uses tax dollars to prevent failure. We need to keep an eye on the problem which is redistribution of wealth by the government and it’s a huge problem in ALL FACETS of our current society especially when it’s being used to keep the redistributionists in power.
We need to keep our eye on the ball.
This line right here, “A healthy society should have no problem dealing with idiots”, is priceless. Mind if i use it from time to time?
Of course. Thanks for the complement.
I don’t think this is a bad thing at all.
Millions of young women are buried in debt and having to live in their parent’s basement, living on PB&J’s and unable to afford beer or wine, much less champagne. Young guys they’d normally date are in the same situation, while us older men are cruising the bars debt free.
Score!!!!!
Indeed George, there is a silver lining here. There are plenty of ways for a young lady to work-off debt: “Gentlemen, put your hands together for Julia!”
Looked her up on LinkedIn. Bravo Zulu to Giant Foreign Devil for guessing her major correctly.
Gonna take a while to pay those debts off as a junior high school coach.
Thanks for looking into it. This is icing in the cake.
The sad thing is, she doesn’t need a Masters to coach swimming, and could probably have convinced her school district to pay for one after a few years.
Well, the truly sad thing is that she spent that much money and didn’t learn how to write a decent essay… or was trained to write that way. Obfuscation through employment of sesquipedalian vocabulary is the hallmark of pedagogical erudition. And they don’t care if you use all those big words right, neither.
I looked into student loans WAY back when, and as I recall, it says in the NONfine print how much each payment will be and when they start coming due. It looks the same as the similar page for a car or home loan. If this woman couldn’t figure out that stacking payments up, all to become due on “X” date, payable by month for “Y” number of years, then I don’t think she got much of a basic education from her grade and high schools.
Or maybe Barbie as right, math IS hard!
Love this line:
“I am owed answers simply because I have the right to pursue happiness. ”
Toots – you ain’t owed didley.
The sad thing is Obama might have said that and all the Obamanauts would agree. Critical thinking is the one course they would never study. I hear it includes math.
Mistake #1:
“I followed societal expectations,…….. ”
Possibly the basis of the rest of her self-inflicted foot wound…. she hasn’t formed a mind of her own.
“Education is a core tenet and vested interest of the functioning democratic society.”
Oh my God.
*Barf*