Student loans may be the next bubble to burst.

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

  1. Lovebears65
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    Lovebears65 Gold Member

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    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
     
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    Last edited: Aug 20, 2011
  2. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    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
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    tonystewart1 VIP Member

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

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    I owe $70k
     
  5. Auxous
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    Auxous BANNED

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    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.
     
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  6. BoycottTheday
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    BoycottTheday CEO

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    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
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    tonystewart1 VIP Member

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    Most higher education facilites in this country are liberal indoctrination camps.
     
  8. Greenbeard
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    Greenbeard Gold Member

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    What grant was that?
     
  9. DontBeStupid
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    DontBeStupid Look it up!

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    :eusa_wall:
     
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  10. Full-Auto
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    Full-Auto Gold Member

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    Pussy Could you hit your head a bit harder. You know, like when you were a child!
     

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