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Total student debt outstanding appears to have surpassed $1 trillion late last year...That would be roughly 16% higher than an estimate earlier this year by the Federal Reserve Bank of New York...as more people go to college and assume bigger loans for education, they may take longer than previous generations to hit key milestones such as buying a house or getting married, U.S. officials and economists say.
Originally posted by boncho
...If you can at least find some way in the door....
Originally posted by Partygirl
Originally posted by boncho
...If you can at least find some way in the door....
But that takes a college degree, for most jobs that mean anything these days.
There were all these stories in the old days I come across sometimes..."man works his way up from mailroom to CEO," stuff like that. You don't hear too much like that anymore (outside of a few entrepreneurs like the facebook guy or the google guys). Seems like you have to join the debt-slave system to get your foot in the door.
It's a good thing I don't care too much about getting a respectable job. My life ambition is to be a mother. But so many people place their hopes and dreams on material success its got to be so frustrating.
I guess in the end not that many people can make it big. That's why they call it "making it big." But people's expectations are unrealistic. When they fail at these yuppie-ish goals they hate themselves. But 99% of the population shouldn't hate themseves.
A conspiracy?
Im about to finish my associates degree in sciences, and also another in arts, hopefully by the end of this year. Currently, im in a local community college.
As others have noted you need the 4 year degree to get your foot in the door for any decent job
In my experience that is just not the case. Unless you're a medical researcher, looking for the cure for cancer, the 4 year degree doesn't tell the employer much, OTHER THAN the fact that you'll take whatever they dish out because you owe thousands of dollars .
Originally posted by Rockpuck
reply to post by Partygirl
End student loans and tuition will plummet.
End mortgages and the natural wealth of Americans would drastically increase as homes will be priced realistically.
End health insurance and health care costs would fall dramatically.
I guess what I'm saying is usury is considered evil for a damn good reason.edit on 3/26/2012 by Rockpuck because: (no reason given)
I don't have a better job than I would have without the degree.
Originally posted by LittleBlackEagle
Originally posted by Rockpuck
reply to post by Partygirl
End student loans and tuition will plummet.
End mortgages and the natural wealth of Americans would drastically increase as homes will be priced realistically.
End health insurance and health care costs would fall dramatically.
I guess what I'm saying is usury is considered evil for a damn good reason.edit on 3/26/2012 by Rockpuck because: (no reason given)
what you're saying is end the debt based economy i believe and i agree it's the scourge on our backs at this point in time. when so many gamble, win, loose so much without actually offering anything to anyone, it's bound to fail and fail hard.