Can someone explain to me why...

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Originally Posted by spursncowboys

I guess underprivileged kids can't use fafsa and the Powell grant or guaranteed college loans. Or any scholarships huh?

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I think DoKs argument is valid. It isn't about access. It's about being obliged to take out an exorbitant amount of loans, whatever source they might come from, in order to pursue higher education.

The two options he pointed out are really the only viable way to get it done in a reasonable time frame. The only other one I could think of off hand would be to live with momma and daddy for a few years and save every penny you earned through work and then go. imo, there are lots of variables which work against you ever going back if you use that route though.

Sure there are scholarships, but how many are scholarship material? They're merit based and that opens another can of worms.

There are tons of scholarship that go by family income. the pell grant paid for my Assoc degree. That and having a part time job and being an ra to get free room and food . Also every college loan, you get seven years after college before interest is applied.

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Originally Posted by spursncowboys

There are tons of scholarship that go by family income. the pell grant paid for my Assoc degree. That and having a part time job and being an ra to get free room and food.

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Agreed. However, this is an issue of access. I don't know many people who qualify for one, even if they're dirt poor. I know it's not nearly as many I think there should be. I didn't, and my parents made just under 30k combined at the time I went to college. I have 2 siblings as well.

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Originally Posted by spursncowboys

Also every college loan, you get seven years after college before interest is applied.

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True, and it's a good thing. We can forget about the interest for a moment though. Most kids now graduate with over 6 figure debt. That's principal mind you. At that point, loans could be completely subsidized and it still wouldn't matter tbh.

I didn't. I kept mine under 8 K.. If I wasn't getting a b, I would drop.then with a few years from a cheap community college and a good GPA I got a full ride scholarship to St Marys. But out don't really understand what the problem or a possible solution is. I think if someone wants something bad enough, they can work towards it. But the idea that people are joining the army in a time of war for college money is ridiculous. Perhaps it incentives their enlistment. But i have never met one person who was willing to go to war with their principle reasoning being college.
I grew up dirt poor but have never met any body not get aid through fasfa.

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Originally Posted by Agloco

Agreed. However, this is an issue of access. I don't know many people who qualify for one, even if they're dirt poor. I know it's not nearly as many I think there should be. I didn't, and my parents made just under 30k combined at the time I went to college. I have 2 siblings as well.




True, and it's a good thing. We can forget about the interest for a moment though. Most kids now graduate with over 6 figure debt. That's principal mind you. At that point, loans could be completely subsidized and it still wouldn't matter tbh.

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six figure? Really. Why would anyone ever let themselves get in that much debt.I could see for a job that will pay them six figures in under five years of employment

Sorry but there are far too many cheaper options to even consider graduating with six figures in debt. Just a stupid decision if you chose that route, IMO.

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Originally Posted by Winehole23

^^^ doesn't know either, in short

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It's true I don't know the cost. Perhaps I should've constrained my argument to a disagreement over the implication that troops "deployed" to these locations don't serve a strategic purpose. I would argue more strongly for the strategic purpose in Germany, specifically Landstuhl, which is actively treating our troops engaged in combat in the region.

perhaps you shouldn't have called the poster an idiot right off the bat, jmo

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Originally Posted by spursncowboys

six figure? Really. Why would anyone ever let themselves get in that much debt.I could see for a job that will pay them six figures in under five years of employment.

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Probably because no one gets a good financial education, at least until its too late. I'm not defending their decisions, but it is what it is.

Certainly one doesn't go six figures under to graduate with an arts degree.

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Originally Posted by MannyIsGod

Sorry but there are far too many cheaper options to even consider graduating with six figures in debt. Just a stupid decision if you chose that route, IMO.

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It's the norm for most medical students. I'm not aware of cheaper options for them tbh. Military perhaps? Youd have to consider salary differences then....but that's for another debate.

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Originally Posted by Winehole23

perhaps you shouldn't have called the poster an idiot right off the bat, jmo

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Wrong choice of words. He's an ignorant ass.

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Originally Posted by spursncowboys

I didn't. I kept mine under 8 K.. If I wasn't getting a b, I would drop.then with a few years from a cheap community college and a good GPA I got a full ride scholarship to St Marys. But out don't really understand what the problem or a possible solution is. I think if someone wants something bad enough, they can work towards it. But the idea that people are joining the army in a time of war for college money is ridiculous. Perhaps it incentives their enlistment. But i have never met one person who was willing to go to war with their principle reasoning being college.
I grew up dirt poor but have never met any body not get aid through fasfa.

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There isnt one really, unless you want to sit and counsel each kid who is about to go to school about the virtues of sound financial decision making.

For most kids about to leave the home, money is more of an abstract concept tbh. It needs to be made more concrete long before these issues pop up.

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Originally Posted by AFBlue

Wrong choice of words. He's an ignorant ass.

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fair enough

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Originally Posted by Agloco

There isnt one really, unless you want to sit and counsel each kid who is about to go to school about the virtues of sound financial decision making.

For most kids about to leave the home, money is more of an abstract concept tbh. It needs to be made more concrete long before these issues pop up.

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True.I just thought you or dok were just agreeing for college degree bailouts, like the 99%ers. Yeah I agree.it sucks. Fwiw, the people who join the army to be a doctor after already having a bachelors rarely go to a dangerous part of a war zone. But yeah the army used to do college loan repayment programs. A lawyer in my basic got everything paid off for eight years of college.he could have picked any job but he chose combat arms. When I asked him what was he thinking and why he didn't atleast go officer, he said he wanted to do something positive with his life.

There's no such thing as a "right" in world speak.

You have the ability or you do not have the ability.

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Originally Posted by Agloco

There isnt one really, unless you want to sit and counsel each kid who is about to go to school about the virtues of sound financial decision making.

For most kids about to leave the home, money is more of an abstract concept tbh. It needs to be made more concrete long before these issues pop up.

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That's why we need to elect Newt president and put those damn 13 year olds to work...especially the lazy black ones. Cheap child labor ftw.

Ag, ah, if you meant medical students then I can see that. But at the same time they stand to make that money back and then some. Not what I was thinking about.

lol claiming we don't spend trillions on the military, we spent over a trillion on the Iraq War alone

military spending is over $2,000 per capita which is an insanely high number given how little other countries threaten us

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Originally Posted by MannyIsGod

Ag, ah, if you meant medical students then I can see that. But at the same time they stand to make that money back and then some. Not what I was thinking about.

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:tu

Mea culpa. Again, I should have been more clear. Med students certainly, but some others too. We could probably generalize to any professional degree in the medical field. Heck, even medical physics is going to a professional model now, the DMP (Doctor of Medical Physics). Fortunately, the pay in this field is worth the debt burden for incoming people. Some of those fields (PT, OT, PA, etc.) now require a long look at debt burden before venturing forward.

Yes, the issue is really with those who are choosing to go 6 figures under and come out with a degree paying 40-50k. Not good fiscal sense tbh.

Some people also take loans out during college and never work while they're in school. I understand there's that whole "Full College experience" thing, but if you need loans to pay for school you should at least be working part time during school.