ADK
Predaceous Stink Bug
I just read this article and found it kind of interesting:
http://money.cnn.com/2012/05/31/news/economy/fed-student-loans/index.htm?hpt=hp_t2
Anyone else out there (like myself) owe huge student loan debt? Although I am working and paying it down, and it's just part of my monthly bills... Had I known that 12 years from college that my wife and I would owe more on student loans than on our mortgage, I probably wouldn't have gone to college. Should I have known not to sign loan papers when I was 17? Eh, maybe? But, at that time I thought college was the ticket to a good lifestyle. Que sera. Either way, here I am!
I wouldn't want to be graduating college any time soon, though, in this economy and at the college tuition rates that are out there now!
So, I pay my loans, put some money into PM, hedges against other possibilities, etc. But, I think that the student loan debt "crisis" is going to make a dent in our economy. As one domino falls, yadda yadda yadda...
I think that our workforce should be shifting back to making *things*, not just educating people for positions that aren't needed.
Discuss
http://money.cnn.com/2012/05/31/news/economy/fed-student-loans/index.htm?hpt=hp_t2
Anyone else out there (like myself) owe huge student loan debt? Although I am working and paying it down, and it's just part of my monthly bills... Had I known that 12 years from college that my wife and I would owe more on student loans than on our mortgage, I probably wouldn't have gone to college. Should I have known not to sign loan papers when I was 17? Eh, maybe? But, at that time I thought college was the ticket to a good lifestyle. Que sera. Either way, here I am!
I wouldn't want to be graduating college any time soon, though, in this economy and at the college tuition rates that are out there now!
So, I pay my loans, put some money into PM, hedges against other possibilities, etc. But, I think that the student loan debt "crisis" is going to make a dent in our economy. As one domino falls, yadda yadda yadda...
I think that our workforce should be shifting back to making *things*, not just educating people for positions that aren't needed.
Discuss