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Would you say the easy access to student loans is a good or a bad thing?


Asked by Erica_Smerica at 8:19 PM on Sep. 16, 2010 in Money & Work

Level 28 (34,798 Credits)
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Answers (3)
  • I think that it's a real shame that schools don't try to educate kids better on other options for paying for school besides student loans. When I went to college I worked full time and went to school full time and paid cash as I went. I had some scholarships at the beginning that helped a lot. I have some friends who are teachers and they are talking about how they have to pay $350 per credit hour for their Masters. There is very little to no compensation for getting their Masters and they have over $100,000 in student loans for a job making $35k a year, that is just a shame. Parents and counselors should encourage other avenues for paying for college, including going to community college for the first two years at a fraction of the price.

    Answer by slw123 at 9:24 PM on Sep. 16, 2010

  • I would say they are a good thing, without my loans I would not have been able to make career choices what so ever. Shit, I am struggling just to get to school on a daily basis but I am making it happen. The government will garnish wages for those who choose not to pay, so they get their money whether you want to or not

    Answer by LuvsDanika at 8:22 PM on Sep. 16, 2010

  • I think they are a good thing because mine are helping me get the education to help my struggling company out.

    Answer by pinkdragon36 at 8:25 PM on Sep. 16, 2010