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comment by oyster
oyster  ·  3155 days ago  ·  link  ·    ·  parent  ·  post: More Than 40% of Student Borrowers Aren’t Making Payments

They really are the worst, they prey on people and make them think that going to their crappy school will result in actually getting something. The thing is to in my city we have a really good college that offers the same programs but obviously better which makes it even harder to find something after the fact. Like not only does your diploma pretty much suck but you have to compete against people who went to the good college for jobs. It's just not going to happen.

Something interesting I found yesterday was 54% of borrowers said that if they could do it over they may have made different college choices. It would be interesting to find out how many of those students went to these for profit colleges.





user-inactivated  ·  3155 days ago  ·  link  ·  

Shit. 54% actually sounds really low. Hopefully a lot of college age kids will be able to learn from the rough experiences of the past decade or so.

oyster  ·  3155 days ago  ·  link  ·  

It seemed low when I look at my friend but really there was a bunch of people who did pretty good. I just don't talk to those people. A couple of my friends have more or less accepted it and made peace with things too. My friend and I actually had a conversation the other day in which she was saying that although she knows she could have been in less debt she doesn't regret it. So I don't think people like her would say they would do things over even though it didn't pay off in an obvious way. Like I moved across the country and after the first night woke up with bugs crawling on me. Most people would regret that, and at first I did but in the end I wouldn't actually change anything. They even came back just before moving to fuck with me but I still wouldn't have changed things.

I'm hoping, I mean the conversation has really shifted in the past years. Going to community college and then university is seen as a good option more as well and people are just starting to look at it differently in my experience. It's helpful to talk about how insane the cost is overall but that just doesn't help the people who want to go to school now and get on with their lives. It helps the next generation which is awesome but this one needs solutions too.