Flip you, pay 'em, you take the working man’s tax dollars in hope that once you’re done your education/degree that you’ll get a sweet job and everything will be set for you. Nah uh, wake up because you’ve just been bitch slapped!
The tax dollars could’ve been used else where and now you’ve gotten an education, stop bitching, whining that you can’t make it. Pay em!
Quite a trade off to get an education, I’ll say, more like the government has binded the students till their late 30’s, 40’s and 50’s paying off a student loan, wrecking whatever possibility of blooming and put them back into the system in social assistance. I mean the interest rate is just insane! 2.5% plus prime on the thousands of dollars.
No one is an exception. The line of work I’m in currently is really taking a hit home and opening my eyes that a degree won’t be enough when I get out. I wouldn’t wish this kind of debt to anyone. Thats why I urge all the younger generations in North America to not depend on their degree but also have an entrepreneurial spirit which they can fall back on. I don’t care if you’re a girl, can you stitch? make something cute that will sell! Heck even stupid ideas are marketed like making butterfly shapes on pubic hair. To think that idea is making money, jeez. Too many of y’all get an education get knocked up and then its downhill because your knight and shining armour took your financial burden. I’m not saying its everyone, but majority are that way. Guys, instead of being stupid while young, stop playing the tunes to your hormones and get working. Learn from those who have been through it already. I mean you’ve got the degree for a potential 9-5 career, GREAT! Do the 9-5 bit but don’t let that be your only source of income. Make ideas, keep thinking what can I do to create/convert a want into a need for the population, business ideas that can possibly drive your captial into the millions from a bank loan that started in thousands.
Anyone can squat down and produce a degree. And I mean anyone! Its just theoretical mumbo jumbo. This is not to degrade the value of those who have worked all those long hours in class staring at some pompous prof who got his/her PhD. Its not funny when 1/4 of your income is going to the student loan and its not even covering the principal but just the interest! You’re barely paying for everything in the household, nothing is adding up and eventually you have to take the bankruptcy route.
If I were you, I would start taking entrepreneurial risks in school. Do it when you’ve got nothing to lose because when you’re binded with wife and children it becomes 10x harder to take risks which in effect can be a hardship on your personal life. You snooze, you lose!
Life with parents and in dorms is great but when those $9000+ per semester comes back and bites you back in the ass with interest like salt on wounds. Believe you, me, you will be crying!
If I were to change anything about how I took the study route, I would do it through community college. Get an accredited diploma and get hired by a Fortune 500 company or better. Pay it off within the first year while with parents. Get the company to pay for my part time degree and while I’m juggling the job and studies, I’d try a business on the side. Its better that way cuz you don’t have anything to lose when you’re young.
I still have a long way to go with my degree and post grad but now that I’ve seen almost every aspect of it. I’d carefully make this route. Too bad people don’t pass along advice that can save the next generation a hell of a lotta aches and pains.
Be the soaring spirit, be the light bulb, be a step ahead because just like you there will be another thousand kids graduating, how are you different from them?
p.s. Add your own valuable thoughts and mistakes you learnt from.