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thecaitycat's comments:

on Student Debt

I paid for my bachelor's degree with student loans. Since both of my parents worked, I was not eligible for grants and most scholarships. I also didn't have a job for much of my college career. If I could go back and do it over again, I wouldn't have done it. The bachelor's degree is worth it but the staggering, $65k debt? Not worth it. I have to get my master's degree in order to be able to find a job that will let me pay this debt off sometime before I'm dead.

Parents, please teach your kids about budgeting and spending habits. Students, don't make the same mistake I did and take out the maximum amount of loans your school allows. With debt comes interest and with interest, you'll be paying back far more than you borrowed.

Before too long, we're going to have an entire generation of young adults with college degrees and huge amounts of debt. Where does it stop? I think the cost of higher education needs to stop rising and that there should be more grants, work-study jobs and tuition reimbursement from the government.

posted 4 years, 8 months ago
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