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SVTPerformance's Chain of Restaurants
Road Side Pub
Student Loans: Who's got em, and who thinks its a bubble
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<blockquote data-quote="nickf2005" data-source="post: 16074995" data-attributes="member: 136350"><p>I'm a little shocked to see this from Revv as well. College is not for all... gifted or not. The option should be theirs. </p><p></p><p>We're in a situation where we want to build jobs and bring all this Manufacturing back to the States, but guess what... there's not enough people to work the jobs we want to create. We've ingrained the heads of our youth that you can't amount to anything if you don't go to college. Bull. Learn to program and maintain a robot in 2 years time and I bet you'll be employed for life.</p><p></p><p>My wife went to a private school (her parents ponied up about half I think?). $40,000 a year for PharmD that pays well. Kids going to the same school for Journalism, Elementary Ed, etc. Not saying those are not valid careers, but do the math! How are you ever supposed to pay $160,000 back making $40,000?</p><p></p><p>My personal path was a State school for automation. Got a 5 session Co Op with a company that paid a great deal of tuition and a good hourly rate. Graduated with 20-25k I think? Still with that company too.</p><p></p><p>2010 and we're sitting on just shy of $100k in loans. No sweat, the wife's investment paid off and landed in Retail Pharmacy. 2ish years later, bye bye Sallie Mae. Minimum payments was not even a thought.</p><p></p><p>If kids just knew how to do a simple ROI calculation and their parents wouldn't throw them under a bus, we wouldn't have this problem. </p><p></p><p>We're funding a 529 for my 3 year old. It's there if he'll need it, but secretly I hope he doesn't and I can cash the puppy in for a toy. [emoji6] I'm sure the government would live the back taxes on it too.</p><p></p><p>Sent from my SM-G965U using the <a href="http://r.tapatalk.com/byo?rid=92568" target="_blank">svtperformance.com mobile app</a></p></blockquote><p></p>
[QUOTE="nickf2005, post: 16074995, member: 136350"] I'm a little shocked to see this from Revv as well. College is not for all... gifted or not. The option should be theirs. We're in a situation where we want to build jobs and bring all this Manufacturing back to the States, but guess what... there's not enough people to work the jobs we want to create. We've ingrained the heads of our youth that you can't amount to anything if you don't go to college. Bull. Learn to program and maintain a robot in 2 years time and I bet you'll be employed for life. My wife went to a private school (her parents ponied up about half I think?). $40,000 a year for PharmD that pays well. Kids going to the same school for Journalism, Elementary Ed, etc. Not saying those are not valid careers, but do the math! How are you ever supposed to pay $160,000 back making $40,000? My personal path was a State school for automation. Got a 5 session Co Op with a company that paid a great deal of tuition and a good hourly rate. Graduated with 20-25k I think? Still with that company too. 2010 and we're sitting on just shy of $100k in loans. No sweat, the wife's investment paid off and landed in Retail Pharmacy. 2ish years later, bye bye Sallie Mae. Minimum payments was not even a thought. If kids just knew how to do a simple ROI calculation and their parents wouldn't throw them under a bus, we wouldn't have this problem. We're funding a 529 for my 3 year old. It's there if he'll need it, but secretly I hope he doesn't and I can cash the puppy in for a toy. [emoji6] I'm sure the government would live the back taxes on it too. Sent from my SM-G965U using the [URL=http://r.tapatalk.com/byo?rid=92568]svtperformance.com mobile app[/URL] [/QUOTE]
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Student Loans: Who's got em, and who thinks its a bubble
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