Student loans may be the next bubble to burst.

Discussion in 'Politics' started by Lovebears65, Aug 20, 2011.

  1. Lovebears65
    Offline

    Lovebears65 Gold Member

    Joined:
    Apr 17, 2011
    Messages:
    6,293
    Thanks Received:
    1,479
    Trophy Points:
    255
    Location:
    Georgia
    Ratings:
    +2,111
    I am so glad that so far my two college age kids have no debt from school. We have paid cash the whole way. I hope that by the time my last one ( he will be in college next year) we have enough funds to get him through college without getting loans. But it is forecast that the next bubble to bust is the student loans because of the economy and people unable to get a job that they went to school for. So they are either getting low paid jobs or part time jobs

    Here is the story STUDENT DEBT: America's Next Bubble? | FoxNews.com


    My oldest son said one of his classmates used some of her grants to get a boob job. So our tax dollars are going to get someone boobs. This is so wrong. And what is wrong with society these days. I guess she got enough to pay for her schools and books and this is what is left over. It was pale grant so she doesnt have to pay it back
     
    • Thank You! Thank You! x 2
    Last edited: Aug 20, 2011
  2. rightwinger
    Online

    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    136,520
    Thanks Received:
    21,923
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +56,803
    So one kid got a boob job so the whole system must be corrupt?

    The bottom line is that school is overpriced and their are no jobs to pay off exorbitant loans
     
  3. tonystewart1
    Offline

    tonystewart1 VIP Member

    Joined:
    May 26, 2011
    Messages:
    914
    Thanks Received:
    144
    Trophy Points:
    78
    Location:
    McDowell County, WV
    Ratings:
    +157
    Use that money to fund real technical or trade education in this country.

    To many people with useless degrees from liberal arts colleges.
     
  4. Dont Taz Me Bro
    Offline

    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

    Joined:
    Nov 17, 2009
    Messages:
    35,288
    Thanks Received:
    7,555
    Trophy Points:
    1,170
    Location:
    Las Vegas, Nevada
    Ratings:
    +22,353
    I owe $70k
     
  5. Auxous
    Offline

    Auxous BANNED

    Joined:
    Aug 9, 2011
    Messages:
    364
    Thanks Received:
    29
    Trophy Points:
    0
    Ratings:
    +29
    Education may well be a bubble, especially higher education.

    A main cause of this is administrative bloat. So much money goes to administrators rather than instruction. In some cases, college administrations make more than the President and that is completely fucking absurd as well as some of the pay that college coaches get.
     
    • Thank You! Thank You! x 1
  6. BoycottTheday
    Offline

    BoycottTheday CEO

    Joined:
    Jul 3, 2011
    Messages:
    1,301
    Thanks Received:
    94
    Trophy Points:
    48
    Ratings:
    +95
    Higher Education in this country has become a make work project for liberals imho.

    Getting kids to take out loans to keep the scheme going is a damn shame.

    People need to wake up.
     
  7. tonystewart1
    Offline

    tonystewart1 VIP Member

    Joined:
    May 26, 2011
    Messages:
    914
    Thanks Received:
    144
    Trophy Points:
    78
    Location:
    McDowell County, WV
    Ratings:
    +157
    Most higher education facilites in this country are liberal indoctrination camps.
     
  8. Greenbeard
    Offline

    Greenbeard Gold Member

    Joined:
    Jun 20, 2010
    Messages:
    6,834
    Thanks Received:
    1,203
    Trophy Points:
    200
    Location:
    New England
    Ratings:
    +1,333
    What grant was that?
     
  9. DontBeStupid
    Offline

    DontBeStupid Look it up!

    Joined:
    Jun 23, 2011
    Messages:
    4,463
    Thanks Received:
    422
    Trophy Points:
    48
    Location:
    Los Angeles, CA
    Ratings:
    +422
    :eusa_wall:
     
    • Thank You! Thank You! x 1
  10. Full-Auto
    Offline

    Full-Auto Gold Member

    Joined:
    Jun 13, 2009
    Messages:
    13,555
    Thanks Received:
    1,614
    Trophy Points:
    153
    Ratings:
    +1,615
    Pussy Could you hit your head a bit harder. You know, like when you were a child!
     

Share This Page