Comments about ‘New college grads face average debt of $26,000, 8.8 percent unemployment’
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College loans are a predatory business practice! They throw these loans at people like parade candy. We applied for a scholarship for our daughter and by answering three additional questions could get all the money we wanted.
Lenders don't care, they get their money regardless because there is no getting out of a student loan. This is the next bubble to burst...when kids all across the county get together on social media and all stop paying them back at the same time because they are such a rip-off without a legal exit afforded to nearly all other types of debt.
And they'll win...you can't garnish every wage in the county.
CentralUtah,
You clearly must be a liberal. Thinking you/your daughter are not responsible to pay back the money you ASKED FOR. No one forces anyone to take a loan.
Way to suggest that kids stop paying, thus forcing the taxpayer who is already subsidizing much student debt to suffer more.
Great attitude. Way to teach your kid responsibility.
I paid my own way through college by WORKING during the summers and I always had a part time job after school hours. While tuition has increased,my earnings were never more than $2.00/hr at the time. The government does not owe anyone a free ride!
8.8% unemployment reflects ANY job these kids get when they graduate and NOT a job in their chosen field. If you take a snap shot of how many graduates are actually getting jobs in their major the unemployment rate would probably be about 50%. For example I know so many graduates in Elementary Ed who are working at Wallmart after graduation or as a secretary in a doctors office. The REAL issue here is that companies are NOT HIRING and that is NOT going to change in the next 4 years with Obama. So go ahead and vote Obama and vote yourself into continued unemployment OR vote for Romney and watch the engine of capitalism start back up!! It sure would be nice for graduates to actually have interviews after graduation again!!!
Yep! I also paid my way through college, and so did my three children.
I will not crawl, or beg government to care for me. I'd rather starve then beg for food stamps, or any kind of welfare.
I won't blend into a nation of beggars.
How shameful when two thirds Americas children are fed by government schools, and college grads can't find employment.
What kind of leadership has led to this?--Yikes! Obama may win another election.
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