I read this article on CNN and I had a severe reaction to it. Read it over and then read my response. Agree or disagree? I understand her plight, but at the end of the day she chose this path and had to have known that it would be difficult/impossible to pay for it. Where is the line drawn? The system needs reform of course, but come on, $115,000 in debt.?What the hell was she doing exactly to incur that much?
Clearly the loan system is predatory and takes advantage of students. The interest rates are incredible. But then again, she chose an extremely expensive school and didn’t think about how she was going to pay anything back until she got out. Sorry, you should know that you’re not going to make a lot of money right away by going into the television industry. Any 18 year old who is smart enough to get into college should know that.Why didn’t she try and get scholarship money. Why didn’t she attend a less expensive school. Why didn’t she work while attending school?It is possible to go to college without getting that far into debt. The loan system is flawed but so are tuition prices. It’s insane that colleges charge as much as they do. It’s classicism at it’s worst. But both systems are unlikely to change anytime soon. That’s why as a student (consumer) you have to be smart and do everything you can to avoid crippling debt. If you were smart enough to get into a private school in New York you should have been smart enough to know you couldn’t afford it, or at least smart enough to know that you would have $115,000 in debt that you’d need to pay off. Take some responsibility.
Showing posts with label CNN. Show all posts
Showing posts with label CNN. Show all posts
Wednesday, April 1, 2009
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