Brent P
Because you keep bringing up your red herring like it has meaning to anything except the specific case: borrowing more money.
Hint: borrowing more money has not one freakin' thing to do with going or not going to college.
Actually, my case is not unique, nor near-unique. There are all sorts of folks out there without the funds to pay for college out-of-pocket. And they want to go to a school in which you'd have to work a regular 40 hour-wk job to pay for school (at HS graduate wages).
Now, throw in trying to get a science degree with good grades.
Notice I didn't mention anything about a shorter time frame - my examples do scale out.
LOL. The question is highly relevant. My point, which you ignore, is about borrowing money to acquire something of value. But no, you say. You'll have debt. But then, nobody really has a problem with going into hundreds of thousands of dollars in debt to purchase a house. Why is it different?
Similar situations - you borrow money to get something of value.
Will it improve my financial outlook?
Or the other cases I mentioned that aren't nearly so rare. In fact, they're downright common.
Or, like I said, you get to finish in four, instead of five, or six, or seven, with mediocre grades, all the while living a pauper's existence.
Unlike you, I'm addressing my comments to someone who isn't getting some kind of financial free ride through school. poo, you don't have any qualifications for offering any kind of advice - you didn't have to do anything but go to school.
Damn, but wouldn't that have been great. I'd have done that, too. But I didn't have the funds to do so. I suppose *that's* unique as well? LOL.
Which makes what kind of difference? That's right, none. It works as an illustration of how taking student loans can work out in a positive financial sense. I don't think your ego will even allow to think that student loans can actually work for some people. A lot of people, really.
Who said anything about three years? That part you didn't read before responding has no lower limit on time - it's a general statement. If you don't look at the cost:benefit, and just dogmatically decide something based on some emotional quirk, then what value do your comments have to anyone? Well, I think we already know - not much. Someone who can't see the difference between borrowing money to increase one's earning power versus borrowing money to take a Las Vegas vacation really has a poor grasp of financial reality.
Cite?
There isn't one, of course. You have no proof whatsoever that the false dilemma you have presented is true for *any* fraction of the population.
Your experience doesn't even fall into the scenario! You didn't have a job, or a car - yet somehow you made it through school without taking a loan. Damn, it must be nice to get an education on someone else's dime. But with that vast experience, somehow you know something about financing an education? Even better, without any firsthand knowledge of such a situation, you presume to criticize my choices, which clearly worked out quite positively?
Takes some pretty big balls to expose your ignorance like that - my hat's off to you.
LOL. Sure. Or it's just a way to avoid points you can't argue.
Heh.
E.P.
