Quote:
Originally posted by Not Me
State schools are reasonably priced and the only people with heavy debt are those who go to private universities and grad schools. They could have gone to a cheaper state school.
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And in case you aren't aware, there is now an option when you consolidate your student loans for income sensitive repayment. You monthly payment is tied to your income. If at the end of 25 years (or maybe it is 30) you haven't paid off the balance, the balance is forgiven.
Moreover, the military gives people education benefits, so that is another way to get a degree without going in debt. Also, many employers will pay for their employees college tuition if they do it at night. So get a job as a secretary or in the mail room out of highschool at one of these employers, and you can go to college at night.
Or someone can go to community college for 2 years living at home and then transfer to a state school for the other 2 years.
It is only private universities that put people so far into debt. There are many other options open to people including the military.
