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2:40 pm
August 25, 2010
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RoughMage
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Post edited 2:43 pm – August 25, 2010 by RoughMage
MSN money and the Wall Street journal did a study that concluded that credit card debt and college loan debt ratios are shifting toward higher school debt. I know everone wants to make the case that people paying off debt and going back to school is the answer, but why has the variable of skyrocketing college costs not even been mentioned? I think this might be the real culprit.
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11:03 am
August 27, 2010
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cycleq
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| Member | posts 15 | |
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Actually I was discussing this the other day with a friend because college rates and tuition is going up and jobs are going down. I don't even know how this can be possible. What are the students paying for? If the instructors are getting smarter, teaching better, and the books are getting bigger is that why rates are going up? Or do they want to pay for the campus extra's? I just don't get it. It should not be higher that credit card debt and getting worse.
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11:27 am
August 28, 2010
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gymrat7
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| Member | posts 15 | |
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I owe more on my school loans than I have in credit debt. I only have one credit card that has any debt on it and I don't use it unless I need it. I think this is a problem to owe so much on school. I dont understand the uprising school cost.
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5:48 pm
August 31, 2010
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lilbit4
| | United States, Ohio | |
| Member | posts 19 | |
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I understand the schools have to make money but it just seems like they are taking advantage of the students. Times are tough enough and now your expected to go in debt for three great occurrences: college, marriage, and death.
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