I’m age 64 so I’ve seen a few things in my life. When I was in my early 20s, never heard of student loans. I have a cousin who when she was 18, got a minimum wage job and put herself through school. She had a high paying job in accounting when she finished school. I was talking to a friend who just retired from the education dept . She had something to do with the accounting / budget. The subject of student loans came up and I told her I was not in favor of them, since you don’t have to pay them back. What she said was not fair is people that applied for loans and was denied them. So why have student loans?
The main issue is your generation (boomers) brainwashed every kid graduating high-school. They had to go to college or they'd be digging ditches or working at Walmart collecting shopping carts their entire life.
I guess I didn't know I didn't have to pay back my student loans, or I wouldn't have done so for 10yrs.
I graduated in 2010. I have no idea how people are paying for college now, some universities are charging 1k per college hour credit. A far cry from what boomers paid in the 60s/70s, even considering inflation.
Ps there's always a way to earn student loan forgiveness, public service.
