I don't deny that college kids are being taken advantage of. Graduating from a small liberal arts college in South Dakota that no one's ever heard of with a degree is Culture Studies and 80k in debt really is a rip off.
The flipside of this coin however is someone like me. My parents are immigrants and I was the first to go to school. To my parents, the fact that someone would be even willing to give you money to go to school is ridiculous. I graduated with 20k in debt with a math degree from Cal. The ease of getting loans and financial aid are the main reasons I was able to attend college as my family was otherwise poor, at least at the time.
In some countries, you don't even have the OPTION to take out a loan to go to school. You either have the money and you go, or you don't and it is that much harder to climb the social ladder.
I'm not sure which evil is worse, but I'm damn glad I was offered those loans.
I don't deny that college kids are being taken advantage of. Graduating from a small liberal arts college in South Dakota that no one's ever heard of with a degree is Culture Studies and 80k in debt really is a rip off.
The flipside of this coin however is someone like me. My parents are immigrants and I was the first to go to school. To my parents, the fact that someone would be even willing to give you money to go to school is ridiculous. I graduated with 20k in debt with a math degree from Cal. The ease of getting loans and financial aid are the main reasons I was able to attend college as my family was otherwise poor, at least at the time.
In some countries, you don't even have the OPTION to take out a loan to go to school. You either have the money and you go, or you don't and it is that much harder to climb the social ladder.
I'm not sure which evil is worse, but I'm damn glad I was offered those loans.