Some who took out parent PLUS loans to send their kids to college expect to die with debt
www.usatoday.com
Families often get unclear financial aid information from colleges and take on parent PLUS loans thinking its the only option.
    • Buelldozer@lemmy.today
      711·
      7 months ago
      1. Do but make wise choices.

      There’s plenty of worthwhile fields out there that require College Education. Those are wise choices. There’s also plenty of fields and degrees out there that are poor investments for your time or money. Avoid those.

      Edit: For those of you wacking the downvote button I’d REALLY like an explanation of how in the hell you think all of the “stuff” that makes modern life so good is going to get created if no one goes to College. Everything from the chair your ass is sitting in to the device you’re using to downvote is the end result of an untold number of College Degree holders; everything from Forestry Management (wood) to Materials Scientists and Engineers to Electrical Engineers to Chemists and the Educators who train all of those people. The next time you pop an Advil or take an ADHD medication or put on a pair of prescription glasses you are being DIRECTLY impacted by literal legions of people with College Degrees.

      • Frozengyro@lemmy.world
        81·
        7 months ago

        Also be smart about where you do go. Don’t pay Ivy League prices for less than Ivy League education/networking. Take as many courses as you can at a community college, stay in state (usually cheaper), live with family while studying if you can, have a part time job that doesn’t interfere with your education (or even has enough downtime to work on schoolwork).

  • Franzia@lemmy.blahaj.zone
    2·
    6 months ago

    My solution has been giving up my dreams of being well-educated, healthy, and socially tactile. I’m a loser now and I’m just hoping to crawl my way back out of this hole I dug rather than sign up for the college loans.