Talk show host Dennis Prager had an interesting topic two days ago. He asked if student tuition loans are really
worth it.
He mentioned one woman working in a law office as a receptionist. She has a Bachelor of Arts Degree, is making
$35,000 per year, but has $100,000 in student loan debt. How is she going to pay that off? If she is resentful over this, who can blame
her?
How often have you sat at your office after going through college to earn
your degree(s) and felt underpaid and under-employed and asked, "My
degrees got me this?!"
Liberals have damaged the higher education system by taking control of
student loans and touting that "everyone should get a college education
and we'll help you get a student loan to do it."
As Prager pointed out, one can basically sleep in class for four years and
still get a B.A. Degree today.
The problem is, once someone does go to a college or university and incurs
enormous debt, they end up with a job (if they're lucky enough to find a job in
this Obama economy) that doesn't pay enough for them to both live on and pay off
their student loans.
Many graduates with degrees are finding themselves mired in debt and trying
to pay their loans off and not being able to buy the things or do the things
they want. Many are also putting off
starting families as they can't afford to start one (raising kids ain't cheap).
Luckily, when I was in college age in the 1970s, I went to a two-year
community college and earned my Associate In Arts Degree and then transferred
to California State University, Long Beach.
At that time, the cost of a college education was relatively cheap (only
a few dollars per unit) along with associated fees. My parents paid for the bulk of it while I
worked part-time to pay for my books.
This worked out great for me.
My daughter got a lot of scholarships and grants for her tuition at Cal
Lutheran University. But she still has
some student loans she has to pay off.
By the time I graduated from Cal State, I had no student loan debt to worry
about. By trying to make college or
university more accessible to everyone, the demand went up and so did the
costs. The law of supply & demand
coupled with government meddling is rearing its ugly head.
Prager also said that if someone goes to a college or university as a
biology major (or anything else in the natural sciences), make sure you get
your money's worth. Speaking of money's
worth, he feels that the social sciences are a big waste of money and they are
only seminaries of leftist teachings.
Some people are better off by going to a trade school or pursuing one's
interests and become an entrepreneur in their passion. These options may better suit them and also
won't saddle them with enormous student loan debt.
It might just be a good idea to think twice before heading into an
educational path that will saddle you with student loan debt.