- Dec 3, 2011
I think you're missing the point, @nala... No one is saying that students shouldn't take out loans... most don't have $30K+ sitting around to pay immediately (not anyone I know anyway). Those who do must be responsible about it. If your income after graduation is going to be $28K and not likely to rise that much after time, then it's not very responsible to take out $100K in loans.Do you define the school of hard knocks as a brutal commute? Do you realize not everyone has parents who can provide their grown children free room and board so that the grown children can pay back loans?
The only person who should be financially responsible for their poor choices is the person who made them. Period.