Quote:
Originally Posted by OrangeBlossomBaby
Student loans are under the oversight of the government. Due to change in cost of living and value of jobs, more graduates are finding themselves unable to cover the costs of their loans. More people working - sure. More people working and able to pay their bills? No. More people working, unable to pay their bills, and don't qualify for government handouts? No, but that's coming. Soon there will be millions of people who graduated from college who can't pay their bills, who are working, and need government help to stay nourished, housed, clothed, kept warm/cool (depending on climate where they live), and safe. We're already seeing this now, and there are kids who can't afford to live in a dorm or an apartment so they're living out of their cars while attending college. This is our generation's legacy to the generations who will some day run our country.
I hope they do better than we did.
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That is a typical losers argument. Making excuses for things instead of taking responsibility. If a person can't afford to live in a dorm, then live in a car if that is what it takes to do what you need to do...or get a job along with college and find a really cheap place to live with a bunch of other kids like you. If a person can't afford to pay for something, don't commit to a loan for it. Many of us born in the forties could not afford a college education and our parents could not fund us either because they had just survived the great depression. Today in an unprecedented good economy and low unemployment, there is no reason for excuses. Not everyone is born with the ability to complete college but that doesn't mean that they cannot be financially successful, but it takes planning and saving and cutting back on spending for non essentials. I don't buy excuses from people who make poor decisions about their economic situation and let the chips fall where they may. It takes planning and sacrifice and hard work ...and doing without.