Student Loan Debt

>tfw Europa
>tfw free collage
>tfw already got job secured in company where I work during summer
>tfw I won't owe a euro-cent to anyone when finish

Yeah, instead you get to pay for yours (and everyone else's) education for the rest of your life through that 40% tax rate.

I studied on scholarships because I'm not retarded and actually deserved to be there.

>paying back money you pay only 3% on
surely you can could have invested it in something else and made more than 3%, thus getting free money?

I see adds for 5% interest saving accounts all the time

Or you could have put it into bitcoins if you like risk.

Paying taxes so people get some education doesn't seem that bad to me.

That's because you're a moron who doesn't value freedom.

State-paid education is one of the things that can be called socialism that only a fool would hate.
It's not like you're paying for some tub of lard to get his 30th surgery. Only people who actually make it to college will use the money, so if you do go you're already taking more from the system than you'd be putting out.

sanders was the right choice

i realize that now

Why do Americans think primary and secondary education should be free but postsecondary education shouldn't?

I'm not just talking about uni, but trade school, etc. as well.

The only problem being that anyone can theoretically make it to college when money is no longer a limiting factor. Grade inflation makes it so anyone putting in slight effort can pass classes with respectable grades, it would basically make all job markets hyper competitive and I don't know how sustainable that is in the long term

>Why do Americans think children should be taken care of but adults should have to take care of themselves?

Fucking millenials disgust me.

Like I said, a moron that doesn't care about freedom.

you chose to have that student debt.

If you wanted , you could have gone to a university that would offer you a free ride, or you could have won any one of the thousands of EASY grants and awards you can get.

If you're so stupid you have to pay for university , you shouldn't be at university at all because you're too much of a brainlet.

What's meme about UCLA? I'm applying to their medical school this cycle. Only that it's almost three times as expensive as my local in state medical school.

Or colleges could actually be selective about who they accept instead of just anyone who gets a fat loan from the government

While I never had a student loan, car loan, or house mortgage, I did have credit card bills. Thankfully, I wised up enough not to pile on anything else and I was able to clear my credit card debt.

Holy shit, my outlook on life is so much different than before and from other people's. I have ZERO debt. Every single person I know irl, who is my age, has no less than $50k in debt. That's either the listed above and/or hospital bills. Some have over $250k in debt and are constantly dodging phone calls from people who bought their debts and want money.

For education payments, grants, scholarships, and elbow grease are the way to go. If you can't do those 3 things then you shouldn't be attending college in the first place.

It isn't freedom either if you are a wageslave and your life is built around usury.

>muh freedoms

the lack of free education is the reason why your country got a fucking meme elected for potus you dumb burger

I'm Dutch so I got paid to go to uni

Less students = less money, why would the collages want that?

Proof that bearposters are the real, successful citizens of Veeky Forums, unlike gorillaposter scum

This and this. Interest rates on Stafford loans are fantastic. It is shit that in America we have to pay so goddamn much but at least the govt is good enough to offer us the money if our parents aren't 1%ers.

>working for BP
I hope you enjoy being part of the problem you giant cunt.

This user is unfortunately right.

In countries where university education is publicly paid, it's much harder to gain admission. There's a greater focus on technical education at the secondary (high school) level, and those people never end up having to go to university--they likely would never need to.

The American Prosperity Gospel necessitates every dunce complete a useless 4-year degree in business or communications (useless in that the person is getting it just for the degree, not saying those are useless subjects). If public education were paid for by the government, states would be incentivized to open more public universities and community colleges as pure jobs programs. It's literally free money from the federal government to employ more of your population.

Free public university education in the US would require a huge paradigm shift in K>12 education first.

How are seniors children but with the flick of a switch are now supposed to act like adults when they have never before?

>The only problem being
How about the fact that someone's property is being taken by force to pay for someone else's education. That's not a problem?

European "education" is the reason why it has allowed mudslimes to invade them without doing a damn thing to fight back.

Don't even fucking pretend. Most of your universities are SJW cancer. Even private ones like Harvard.

SJWs will infest you either way.

>even private ones
Especially private ones, everyone knows private schools are trash for undergrad, and even grad school. That includes Harvard and other grade inflated daycares.

well pls tell me more Mr. 46% white population

Im actualy not for /pol/ jargon on Veeky Forums but you are a tipi topi cucknation and the hatchery of sjw bullshit so pls neck your shit senpai

Not him but I live in Utah, I haven't seen a black person in months, my town is over 99% white. America isn't just new york and LA

No instead you are paying for the tub of lard's gender studies degree now.
I'll agree to subsidized college education when the humanities departments are purged. It'll be a cold day in hell when I pay taxes that will go to some SJW kike to brainwash impressionable middle class kids into hating whites.
Besides we already subsidize what we deem a necessary education to function in our society, it is called grade school.
If you want to discuss what level of education is necessary in order to function in our society than that is fine, but I want you to take a moment and think about how many times you have heard "how will algebra be useful to me!".
The simple truth is that secondary school is already an excessive amount of education in order to function in society. You can flip burgers with a middle school education, you can clean floors, you can do any unskilled labor, and you could learn a skilled labor trade.
This is why high schools in the US offer various programs where students attend half a day of normal classes and than half a day of technical training or work study.
The truth is, higher education should be reserved for intelligent people with a desire to pursue education. NOT a means to and end for a career. The fact that colleges have been turned into degree factories is the biggest problem with academia.

>mfw americans pay $1500 straight to a bank every month for "education" and will starve to death once they get sick, while I pay 600€ into the social systems which finance the infrastructure I use every day

Wew lad, so much fucking wrong. Are you underage?

>No instead you are paying for the tub of lard's gender studies degree now.
You can't directly control who gets the fund money, but because the funding is state owned, all you need to do is start a political movement and swing an election to have a politician who will restrict the use of that money and ban it from being used for gender studies.

In america, the ones in control are not the government. They are banks. And banks don't give a fuck and will never give a fuck. They will find as many gender studies majors as they need as long their rich parents can pay back the loans.

Which one is better? A system where you have proxy control via influencing politicians. Or a system where banks control everything?

>Besides we already subsidize what we deem a necessary education to function in our society, it is called grade school.
Grade school is not enough to succeed in life.

>You can flip burgers with a middle school education, you can clean floors
So all poor people should flip burgers and clean floors? Do you know what percentage of the population is poor? Do you want communist Russia to happen all over again in your fucking backyard?

>The truth is, higher education should be reserved for intelligent people with a desire to pursue education. NOT a means to and end for a career. The fact that colleges have been turned into degree factories is the biggest problem with academia.

That is what we want. But in the normal systems, higher education is reserved for rich people. And again, do you want there to be a fucking communist revolution in your backyard?

You already have antifa. Displease the common man more and you will see antifa turn into the third reich, but instead of jews it will be rich white people.

smart burgers can simply pay $400 when they get sick for a plane ticket to any number of nations with universal healthcare
get treated for free, then go back home
even some south american countries are pretty good and you can get there even cheaper

>Displease the common man more and you will see antifa turn into the third reich, but instead of jews it will be rich white people
Damn, this would be pretty glorious

> You already have antifa.
> Displease the common man more

> implying antifa has anything to do with the common man
They're leftists, they're about as close to the average working man as the moon is. The working class in America sees them for what they are, mindless agitators. It's only a matter of time before antifa fucks up big and the working class finally puts them down.

You are not getting me.

You displeased middle class people and you got antifa.

Displease poor people and you get communist Russia, with beheadings on the fucking street.

> You displeased middle class people and you got antifa.
Middle class is against antifa. Antifa is a bunch of rich spoiled liberal brats wrecking things and attacking people because they know they can get away with it. The middle class has already shown that it's sick of antifa's constant agitating by electing Trump instead of antifa's shrill hag.

I cannot tell if you are misunderstanding what I had stated.
>You can't directly control who gets the fund money
Yes, yes you actually can control what gets funded. In the same way at a state level certain school programs are funded and grant money is distributed.
>In america, the ones in control are not the government. They are banks.
We were discussing a situation in which the government were to subsidize education,not the banks. Do you think the banks "control" grade school education? When you subsidize college education it becomes an extension of the existing school program, at least if it were to be done well.
>Grade school is not enough to succeed in life.
Yes actually it is, the majority of American's do not have a college education and they function quite well.
>So all poor people should flip burgers and clean floors?
The average American income is 52k a year, you do not need a college education in order to make 52k a year.
You also seemed to have missed where I stated " and you could learn a skilled labor trade.". Students can start training in a trade when they are 13/14 years old and licensed by 17. This is a career path that is offered to almost every middle school student when they are registering for high school.
And that is just to say how to make 50+ k a year. How do we define 'success' here? I say that anyone above the poverty line is successful, there is a clear working class full of unskilled laborist and they are successfully functioning members of society. Realistically anyone making over 12k a year can function just fine in our society as defined by the DHHS.
This is essentially the federal definition of being successful, meaning you do not need government support in order to function. The bare minimum as it were

>over half of his sentence is memes

nice

>>over half of his sentence is memes

beat with his own logic :^)

>apply for FAFSA in late high school
>qualify for $250 total for four years
>neat.jpg
>go to three different schools part time using own money with parents helping, dropping out of each when I can no longer afford to go
>Gee Bill, this isn't sustainable, will never get my degree at this pace
>completely broke
>becoming .mil for free tuition
No debt yet lads (school or otherwise), so hopefully this works out

>This is a career path that is offered to almost every middle school student when they are registering for high school.
are you sure you're talking about America here?

Yes of course I am. I know this to be 100% true in Maryland because we have a trade school for every district

>smart burgers can simply pay $400 when they get sick for a plane ticket to any number of nations with universal healthcare
>get treated for free, then go back home

>smart burgers

"smart burgers" would know that you gotta be a regestrited and and paying citizen of that nation to get treated without getting bancrot

jesus fuking christ the more I read the more I understand how you could fall for the trump meme

when you applied for FAFSA you told them that you/your family made too much money

the Pell grant + another state level grant paid for my entire degree, plus paid me $2000 per year on top of that to go to college

>would know that you gotta be a regestrited and and paying citizen of that nation to get treated
wrong.
not every country is the same, famalam

give me ONE name of a country that would give free and state of the art medical treatment to a burger

interesting because I've never even heard of such a thing before
in fact, everyone I know would consider this statement
>Students can start training in a trade when they are 13/14 years old
to be blasphemy, like you're trying to take that kids education away and replace it with a trade

I didn't even know it was legal to do something like that

>and state of the art
I like how you snuck that in there, because now no matter what country I give you you'll just say
>KEK you'll die in those hospitals!

Here is an example of one such school
sollerspoinths.bcps.org/c_t_e_programs

Yeah, I really should have gone the route you did. I knew immediately when I saw the results that answering yes to "both parents have college degrees" was a mistake. Family made average income, but then huge medical bills to pay. Couldn't get any Pell grants or anything else at the time and I doubt I would qualify now with my shitty transcripts from trying to work full time while going to school close to full time.
Oh well, live and learn. At least the silver lining is I won't have any debt, will have tuition covered, and will have a much better chance of landing a decent job, plus some other benefits.

you got me m8
>only fight when you know you will win

but bants a side what country would you say are like this

tunisia, cuba I know first hand will give free healthcare (or essentially free)
for example. I know someone who got free diagnosis, treatment, and paid $0.50 for their prescriptions in cuba then flew back home
france I'm almost positive is the same

Sorry your parents did not or could not save any money for your education, no need to be so salty

What state?

>smart burgers can simply pay $400 when they get sick for a plane ticket to any number of nations with universal healthcare
>get treated for free, then go back home
this is not how universal healthcare works, top kek you guys are delusional enjoy dying because of a back tooth

>be poor enough to get a almost full ride from FAFSA

>be plumber
>decide to go to college to study biology
>I can use the hope credit, it's a huge tax break
>>don't qualify cuz made over $75,000 / year
>>even though I don't use the hope credit, filing and being rejected counts as 1 of the 4 years of hope credit
>>>hope credit = the insane tax return for first 4 years college

Fuck you obama

>>tfw free collage
yeah... now I have to pay 50% of my income in taxes.... "yey"

It feels great.
>tfw free college + scholarship
>tfw also worked part time at the same time
>invested my scholarship and now get an okay monthly income just from my investments
Life is great.

ITT: People saying "free" when what they mean is "payed for by increased taxes".

i only took out 3 grand in loans so i could buy a car. my payment is $50 a month :)
rest is paid by pell grant.

Oh no living in an educated society.

You live in a big city, right?

I'm from NY and it's the same here. The liberal elite have imposed their worldview and models of "success" over the whole city, so everyone thinks bureaucratic and academic memery is the only way to success, including and especially those who are clearly unfit for it, and would be much more successful had they learned a trade and gone into doing practical work.

When I go visit my family upstate though, mindsets are completely different. A year ago, I was visiting for a family event, and a bunch of my grandmother's friends were surprised being in a engineering school meant I was doing "lots of math" because my grandma had told them I was learning to work on railroads and stuff, which is how she understood the word "engineer".

>In countries where university education is publicly paid, it's much harder to gain admission.
Not true, we have /free/ university education here in Argentina and admission is easy as fuck. Yet we still have several of these /free/ universities in the top 100 and top 200 of world rankings, with great academic reputation.

Graduation rates are dismal though, because the universities are demanding, but admission itself is easy. This results in university behemoths like UBA with more than 300,000 enrolled students but only 25% of which will graduate, with many "students" that just enrolled to pad up their resumes or fool around in campus politics. Also many foreigners that just come here to take advantage and study for free.

It's a wasteful system, but egalitarian. Literally anyone can become a doctor or an engineer in a top 100 university if they work hard enough.

Is that why your society is actively bending over and allowing themselves to be fucked by migrants?

Is that part of education?

>You live in a big city, right?
yeah, I'm also from nyc

how do people justify starting a child on a trade at 13?
what if they turn 17 and they regret not getting a proper education?
you can't really go back and start over at that point, it's too late

The primary issue with doing free college in the US is:
1. Private colleges can determine their own tuition rate, its too god damn high
2. Its 4 years of that high tuition as opposed to only 3
3. So many people go to college

This,
Someone aware me on the economics of why college tuition rates have essentially more than quadrupled since the 70s in respect to cost of living.

I believe there is some relation to the ease for college kids to obtain student loans, universities raise the prices, and students obtain the easy access loans, pay for the costs, and the prices raise.

On the flip side, my university chancellor had told me they invest a substantial amount of resources to students, like the medical/dental/research departments- at a rate much higher than the tuition they pay

True shit. My friend goes to MIT and thinks after 4 years she'll be 180k in debt.

>Argentina
>universities in the top 100 and top 200 of world rankings, with great academic reputation
is this a new meme or are you serious?

UBA is #85 in the QS World University Rankings
Not bad for a no-tuition "free" university of 300 thousand students. It also produced three STEM Nobel Prize winners.

topuniversities.com/universities/universidad-de-buenos-aires-uba

>free money

you realize that no matter how low the interest is, you still have to pay it back

>highschool
>"proper education"

so now you're 18 years old with the education of a 12 year old
you're effectively a retard

>inb4 Europe
300 eurobucks per semester here, including a public transportation ticket.

Amerifats make me laugh.

funny, you pay more than I do, and I'm in USA
I go to UCLA and because all school costs are determined based upon need in the entire california public school system, I actually get reimbursed a few thousand dollars per year (to pay for books), AFTER the tuition/fees/health insurance/etc is taken out of my free grant.

Must suck to have to pay a few hundred per semester, eurofag. Here you only pay if you have the means.

>Here you only pay if you have the means.
Same here, but my dad is a richfag so I can't get money from the government...

I know those feels. The fact that americucks have to get in debt to have educations seems crazy as fuck to me. Well not really, the average american seems to be kinda retarded, but still...

>Grade inflation makes it so anyone putting in slight effort can pass classes with respectable grades,

Only in america. Here grade inflation is not a thing. If you and 80% of the class got a 40/100, you still get an 40/100. How could you pass an exam if you only know 40% of the content? No surprise companies always pick european engineers, I wouldn't trust a civil engineer that only knows 40% of their job

>How could you pass an exam if you only know 40% of the content?

That's not how exams should work. Unless the questions you are asked are so easy that you will get 100% of the marks if you just remember everything.

Sometimes test setters fuck up and when they do it's important that they recognize it. There really shouldn't be huge fluctuations between year groups' abilities, and if one year the distribution is centered at 30% with nobody getting over 50% that should set off all sorts of red flags in administration about the course and the examination because one of those has gone to shit.

Although I should add that, of course, if your test has a mark distribution that's got most people getting 100% or whatever then your test is also not very good at differentiating people by their abilities.

Ideally you get a nice bell curve that doesn't get cut off.

Here they're usually very good about it and pay a great deal of attention to getting the exams to be appropriately difficult. It's easy to pass (but quite conceivable that you don't, if you didn't work for it) but difficult to get past the highest grade boundary. Which is kind of nice because then passing that boundary means something. But also somewhat annoying because if grade inflation at other institutions is as bad as I hear then I just look worse for attending a university without huge grade inflation.

>Be a Boomer
>Enter the workforce with a strong economy and low living cost
>Graduate college with minimal debt and a good salary
>Elect Reagan and his band of Cuckservatives to allow his voodoonomics to give me a fuckton of money, then vote in neoliberal/neocon politicians to keep that money with low wage growth while driving up cost of living
>Get pissed when people expect the same living standard
Get off my board grandpa

>antifa
>liberal
Nigga the people in antifa use liberal as an insult, for someone blaming humanities departments for echo chamber indoctrination you seem to know little about the left

>attend small, non-meme university
>got memed by my parents that apparently they had no money for uni
>work hard to get scholarships
>got off with $10k debt
>got into meme tier grad school with a world-tier meme prof who offered me a meme amount of stipend of $30k/year
>turned out my parents had prepared 30k in advance to pay off my tuition
>used 20k to pay for the downpayment of a flat in downtown Vancouver
>mfw now I own property at the age of 23

>3%
>free money
Neck yourself.