50K! OMG! You could have bought an SUV with that much money! Oh the humanity!
Sorry to poke fun, but "Somebody needs to do something" is how you wound up paying as much as you did.
50K is a lot of money but unless you majored in Art History or Sociology, its a drop in the bucket compared to your future earnings. My guess is that since you're paying the bill instead of daddy, you probably didn't do that. But if the Uncle Sam hadn't stuck his deep pockets into it, you could have worked your way through school and graduated without any debt, like I did 30 years ago.
Editor's note: This column was originally published in THE DAILY BEAST.
Does it make sense for the government to take taxes from the big majority of Americans who never managed to win college degrees in order to subsidize the pricey education of the fortunate few who get to attend top universities?
Why is it fair to increase burdens on stressed-out working families so the feds can reduce future interest payments on student loans for members of the elite?
Isn’t President Obama’s current push to spend a $6 billion on college-loan relief precisely the sort of rob-from-the-poor-to-give-to-the-rich outrage that...
I NEVER SAID college is not expensive today. I NEVER SUGGESTED that it's possible to pay-as-you-go today.
I merely tried to explain WHY your abysmal education is now so expensive.
Here it is again in one sentence, for the reading-impaired children on this thread:
!!!!!!!!!! THE REASON YOU CAN'T AFFORD COLLEGE IS BECAUSE YOUR GOVERNMENT TRIED TO MAKE IT AFFORDABLE !!!!!!!!!!!
But since you apparently didn't have the benefits I had, let me try again.
I was pointing out that the REASON it's so SCREWED UP TODAY is because the Government TRIED TO MAKE IT BETTER. If it hadn't, the OP would have graduated without any student loan debt LIKE I DID. If Gov "helps" any more, his kids will need a 30 year mortgage to pay for their education.