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  • File : 1285856984.jpg-(31 KB, 500x313, college-debt[2].jpg)
    31 KB Anonymous 09/30/10(Thu)10:29:44 No.11333553  
    How do you guys in the US feel about graduating with so much debt in student loans?

    I am from aus and our uni isn't free but it is a lot cheaper than yours. We get a loan from the government and don't have to pay it off until we start earning over a certain amount. Then they take a percentage of our earnings until we pay it off. The loan is adjusted for inflation every year. So it is like an interest free loan you could say

    A mate of mine completed his MBA in the US and I think it cost him like 100K US. Do you guys earn a lot more than we do here or something? Otherwise how are you supposed to pay back such a large loan amount when you have it at such an early age in your lives?

    How much is the average student loan and how long is it on average for you guys to pay back? You must earn a lot more doing the same jobs to us here otherwise it would be stressful as fuck trying to get a job after uni with all those loans accumulating interest
    >> Anonymous 09/30/10(Thu)10:41:58 No.11333644
    ima bumpin this as this is of interest to me

    report relloon
    >> Anonymous 09/30/10(Thu)11:03:19 No.11333829
    I live in a country that PAYS ME to go to school

    Eat that you faggots
    >> Anonymous 09/30/10(Thu)11:05:04 No.11333847
    >>11333829

    countries that pay you to be educated are countries you don't want to live in to begin with.

    enjoy faggot
    >> Anonymous 09/30/10(Thu)11:07:03 No.11333862
    i failed out of engineering. i'm something like $80k in debt. feels bad bro. I'm considering telling them to go fuck themselves and live in a commune or become a rebel against the empire.
    >> Anonymous 09/30/10(Thu)11:08:01 No.11333875
    >>11333862
    >become a rebel against the empire

    I heard the money is in joining the empire. Anyone know how much storm troopers make a year?
    >> Anonymous 09/30/10(Thu)11:08:49 No.11333889
    >>11333847

    >mfw there are people who believe this

    Yes, silly Americans, your fear of the red terror is perfectly justified. Countries where you get paid to attend university are all terrible places you would never want to live in! Your country is vastly superior in every imaginable way. Keep on thinking that, while the rest of the world keeps on laughin'.
    >> Anonymous 09/30/10(Thu)11:11:36 No.11333918
    In nations with parliaments like Australia and most of Europe, proportional representations leads to some semblance of democracy. You have an education system that allows the motivated and skilled to succeed.

    The US system on the other hand is government bought off by corporations. Our system is rigged so that basically no socialist, social democratic, left, labor, etc party can be represented. It is a one or two corporate party state.

    Here the purpose of higher education is to maintain class inequality while providing the illusion of meritocracy. So the wealthy find it easy to make it through higher ed, and the working class are in so much debt by the time they graduate that they are forced to work a high earning corporate job (in defense, oil, big pharma, law, etc powerful industries), instead of working for a not-for-profit or doing other socially beneficial but less hierarchy enforcing work.
    >> Anonymous 09/30/10(Thu)11:12:15 No.11333923
    A lot of kids going to college are delusional when it comes to their tuition debt in two ways: 1- They think they're going to bring in a big enough paycheck to pay it back when they graduate and 2 - That the debt won't all that bad.

    We've been brainwashed into thinking that taking $20,000, $50,000, $100,000+ in student loans is fine since we are "investing in our future" but in reality, most of these kids will be squashed under the debt for a long long time.. for some they'll never get rid of it. Fact is, for the majority of students set to graduate, they won't be able to find a "good paying" job for years.. if ever. And this is becoming increasingly more likely every year.
    >> Anonymous 09/30/10(Thu)11:13:27 No.11333934
         File1285859607.jpg-(70 KB, 600x598, 71-600x598.jpg)
    70 KB
    Amerifag here.

    Part of the reason that education is so fucked here is that it is treated like a commodity instead of a necessity. The general mantra here is that if the private sector can find a way to make a profit off of something then it can do it better than the government. You know how our 'health care' system is so backwards and counter intuitive? Same thing.

    Pic related - it's an accurate depiction of the quality of education in most American public schools.
    >> Anonymous 09/30/10(Thu)11:17:45 No.11333975
    >>11333923

    my (engineerfag here) excuse is that my parents ran our house like the Cleavers in Leave it to Beaver. I was the most naive 18 year old possible. I know I can't blame them forever, but I wish they would have discussed important things with me. i guess when your parents are terrified of the real world, they secluded themselves (and me) from it.
    >> Anonymous 09/30/10(Thu)11:19:12 No.11333990
    >>11333918
    Excellent points. Corporate Americaaaa.
    >> Anonymous 09/30/10(Thu)11:20:22 No.11333996
    only 20000$ in HECS fees from 3.5 years of finance and accounting

    i dont feel too bad about australian universities. also getting paid to look for work so win-win for me
    >> Anonymous 09/30/10(Thu)11:21:34 No.11334007
    >>11333923
    >never went to college
    >debt free
    >owns a REAL business (not shitty "freelance" biz)

    Feels good man.
    >> Anonymous 09/30/10(Thu)11:23:04 No.11334023
    I go to the library to get my free, college education. Feels good man.
    >> Anonymous 09/30/10(Thu)11:24:37 No.11334035
    Only retards do that

    You can go to a decent state school and graduate with little to no debt.

    Too bad we have a lot of retards with too much fake money.
    >> Anonymous 09/30/10(Thu)11:39:47 No.11334148
    B.A. in Literature and J.D. from University of Virginia.

    No debt.

    Seems to be working to me.
    >> Anonymous 09/30/10(Thu)11:49:11 No.11334222
         File1285861751.jpg-(30 KB, 733x544, goldmanlol.jpg)
    30 KB
    >>11334148

    >Seems to be working to me.

    >yet posts in /r9k/

    >mfw
    >> Anonymous 09/30/10(Thu)11:51:27 No.11334239
    >>11334222

    I'm here to laugh at you bro.
    >> Anonymous 09/30/10(Thu)11:52:58 No.11334251
    >I am from aus and our uni isn't free but it is a lot cheaper than yours.

    Certainly doesn't seem cheap to me. Doing a 5.5 year course in law/international studies so I'm gonna finish on about $50000 HECS debt.
    >> Anonymous 09/30/10(Thu)12:03:54 No.11334303
    Australian HECS only makes you repay your loans once you have a certain level of income. Also, don't any of you people have parents? sell their house once they're dead. Debt free
    >> Anonymous 09/30/10(Thu)12:05:20 No.11334316
    belgium = 500 euro / year tuition

    get master's degree

    so much win
    >> Anonymous 09/30/10(Thu)12:24:32 No.11334439
    >>11333553
    Exactly how you think we would feel, OP. We feel like it's not fucking worth it and it's infuriating, but we have no choice. There is no better option.
    >> Anonymous 09/30/10(Thu)12:27:06 No.11334462
    >>11334439
    Well my mate who I said in the OP got a job that paid very well as soon as he graduated. Although he did get his MBA at one of the best schools in the US though

    I just always assumed that people in the US earn much more at the same job compared to people in aus

    This doesn't count for jobs such as waiter or retail staff. I am talking jobs that require college degrees here
    >> Anonymous 09/30/10(Thu)12:28:35 No.11334480
    Well, the college I go to has a 90+% job placement rate one year from graduation. You can also consolidate your loans, so your payment is lower a month. I'm going to be graduating with about 100k in debt though. Feels bad man.
    >> Anonymous 09/30/10(Thu)12:31:12 No.11334500
    >>11334251

    Fucken this. I have a $10000 HELP debt for 1.5 years of a degree which is now obsolete, plus a $5000 student supplement loan. CPA adjustment every year is fucking ridiculous. Adds HUNDREDS of bucks onto the top every year. Shit is not 'interest free' by a long shot.
    >> Anonymous 09/30/10(Thu)12:31:46 No.11334509
    I am not actually paying for college thanks to scholarships and coming from a rich family.
    >> Anonymous 09/30/10(Thu)12:34:43 No.11334530
    >>11334462
    You do know what the American economy and job market is like right now, don't you? I mean, watch or read the news. I just graduated and I have 20k in debt, and that's pretty moderate. I graduated from a mid tier school (the only one I could afford), and I doubled my debt when I spent one semester studying abroad to get an extra certification. I have no job. I have to start paying back my loans in two months or get them deferred (which really doesn't help me in the long run either. Deferment means I don't have to pay my loans yet, but I'm pretty sure it increases my interest). My plan is to go back to graduate school so I can get my PhD. and put off paying my loans while I (hopefully) increase my odds of getting a job.

    Also, most people do not pay 100k to get an MBA at one of the best schools in the country. Obviously, most people aren't the best.
    >> Anonymous 09/30/10(Thu)12:35:12 No.11334535
    Community College.
    2,000 bucks, the whole semester, with an option to do monthly payments for people with part time jobs. Also, because of that you can get a grant worth 4,000 bucks and be set if you're poor enough.

    This was the option I took after realizing at a University these are my requirements:
    Live on Ramen because even a 20,000 loan and a little extra isn't going to pay for good living expenses
    I have absolutely no choice about where I get to live
    I also have to follow strict "rules" or be kicked out.

    So, I can either pay over 20,000 bucks to be treated like a 16 year old again, or go to a "lesser" college for about 2,000 bucks, complete with my choice in where I want to live.
    >> Anonymous 09/30/10(Thu)12:36:00 No.11334543
    Most of the time I wish I was born somewhere in Europe, but I'm not so delusional to think I have it bad in the US.

    I'm going to a community college, I'm in my 2nd year, I'm a computer science major with a 4.0 GPA. My classes don't cost much, I live with my parents for free, and after graduating I'm getting a grant from the State to transfer. My parents are covering the rest of the costs, which won't be much, because 1) in-state tuition, 2) government grant, and 3) I'll already have half my credits completed.

    Honestly, most people think college is some sort of fun part of life you take that just gets you the job of your dreams. My college experience so far has been nothing but studying, homework, and testing. At the end I expect to have a job, and I won't be in debt.

    The only people who fuck themselves over with $100k debt are those who want to spoil themselves going to a prestigious school, stay in dorms, party all the time, to get some bullshit fluff degree that doesn't take any real WORK. It's paying a fuckton of money to live like a clown and party. It's not like anyone has to go to college. Those people are better off going into a trade.

    Honestly my opinion is if you aren't taking higher mathematics you are just wasting your fucking time and money.
    >> Anonymous 09/30/10(Thu)12:38:14 No.11334560
    LOL AMERICANS HAHAHAHAHA
    >> Anonymous 09/30/10(Thu)12:39:03 No.11334565
    >>11334462

    Nope, but shit's cheaper in the USA. Groceries, utilities, booze, even fuel is half of what we pay if not less.

    35k/year is not even median wage in Australia, but if you take that money to the states, even adjusting for conversion, it works out to a very fucking livable wage. Especially now that housing prices are fuck all. You can get a nice house over in the states for what you'd pay for 2 holden coffindores.
    >> Anonymous 09/30/10(Thu)12:40:31 No.11334581
    >>11334565
    how can you buy a nice house for like 50K US?

    that doesn't sound possible if it is in a major city
    >> Anonymous 09/30/10(Thu)12:42:02 No.11334598
    >>11334543

    Nah expensive schools aren't necessarily prestigious.

    There are tons of shitty private unis that cost 40k/yr and suck dick in comparison to the state unis that cost nothing
    >> Anonymous 09/30/10(Thu)12:42:03 No.11334599
    >>11334581
    >nice house
    >$50k
    >anywhere near a major city

    Not happening

    Houses outside washington DC are $300k and up
    >> Anonymous 09/30/10(Thu)12:42:31 No.11334603
    >>11334530
    20K in debt doesn't sound too bad if you could actually find work. I mean if you get say a 50K a year job then you could pay that 20K back in say a few years or so. Even spread out to 5 years perhaps

    In aus our HECS debt can easily be more than 20K. I thought US college debt was massive. Like 20K plus per year
    >> Anonymous 09/30/10(Thu)12:42:44 No.11334606
    >>11334565
    No, groceries, utilities, and cost of living in general in the US is not cheaper than Europe. 35k in the US means you are going to be living in a trailer and can't afford to have a family and will retire with nothing. It's enough to survive, but that's it.
    >> Anonymous 09/30/10(Thu)12:46:38 No.11334626
    >>11334606
    >35k in the US means you are going to be living in a trailer and can't afford to have a family and will retire with nothing. It's enough to survive, but that's it.

    Fuck that doesn't sound promising at all. Could you survive in the US with say a 50K/year salary?
    >> Anonymous 09/30/10(Thu)12:47:15 No.11334632
    >>11334603
    Exactly. IF I could find work. IF I could make a wage of 50k. I can't. I'm making a wage of nothing. I'm not even finding part time work. Even if I were to find the kind of job I am qualified for (which would be a miracle) and I got it, I would be looking at maybe 20-30k a year right now. And I would have to move, which isn't possible for me right now. I have family obligations.
    >> Anonymous 09/30/10(Thu)12:50:02 No.11334654
    >>11334626
    Sure, that's getting close to middle class. But if you know anything about the American social classes right now...it's not promising. Our middle class is disappearing at an alarming rate. Most American's are working poor or living in poverty or slipping from middle to working class. And still we have the Republican party and Glenn Beck. Honestly, I'm so pissed off with how stupid the American public is, I say they get what they deserve and I'm getting out.
    >> Anonymous 09/30/10(Thu)12:52:58 No.11334676
    >>11334606

    Reading Is Essential (TM)

    I said Australia.

    Luxuries are similar in price but most of your day to days in the states are at LEAST 50% of what we pay.

    >>11334581
    >>11334599

    o rly? I was visiting with my family in CA a couple of years back, BEFORE the US economy went to shit, and there were fucking 2 story houses in suburbia 45 minutes out of downtown that were near immaculate for about 175-200k. That's not even getting into the awesomeness on offer at forclosure auctions.

    My uncle's a property valuer by trade, and he says shit has just gotten cheaper over the past 2 years. (Oh, and 50000 is what you'd pay for one bogan deathwagon.)

    Here in oz for a comparable suburb? Anything less than 750K would have you laughed off the auction lot.
    >> Anonymous 09/30/10(Thu)12:56:00 No.11334698
    I'm in my first year at a two year community college. Delaware has a scholarship called SEED that completely waives the tuition at my college as long as you have a 2.5 GPA, you attend classes regularly, and you complete your associate's degree within two years.

    It's given many high school students a chance to try college, but it can be financially devastating if you're not paying attention. I say this because the drop out rate (or students who don't return after the first year) is over 57%. If you have the SEED scholarship and you drop out, you're liable for all fees which includes tuition.

    On the other hand, people who have their shit together can really benefit from this scholarship. It took me MONTHS for my SEED scholarship to get accepted, reviewed, and updated on my financial information, but I finally got it. I passed by this first semester with all my fees and books paid for out of my pocket, which was a total of about $800.

    My dad's retired Air Force, and since my parents have a complete lack of financial responsibility, I'm paying for every thing myself. No help from them or the government. I drive my mom's van from college to work, and I have to get dropped off at college like I'm still 14-years-old on Saturdays for a composition class.

    Meanwhile, my dad just brought up the topic of moving out.

    So, robots, fuck bitches get money.

    Fuck college, fuck the government, fuck everything.

    Fuck.
    >> Anonymous 09/30/10(Thu)12:57:31 No.11334712
    >>11334606

    I calculated when I was over there dude. I could have rented a short-stay apartment (1.75-3x median rent price), including food, utilities, entertainment, and even a modest self-funded health insurance package and still had enough to put away for savings for the remaining 2 months I had of leave.

    And I was a fucking storeman on 37.5k australian a year. Even losing 10c to the dollar it was still fucking doable.
    >> Anonymous 09/30/10(Thu)12:58:29 No.11334720
    >>11334676
    Housing in Aus is due for a big crash soon, it's practically unaffordable at the current rates.
    >> Anonymous 09/30/10(Thu)13:00:22 No.11334732
    >>11334698

    Also, you either have to be a nigger or really fucking smart to get any money from the government.

    I got NOTHING from the government even though I've never had a job up until this past summer. My dad's on the verge of bankruptcy and my mom gets off on bouncing checks.

    Meanwhile, I hear some bitch in class talking about who the government paid for all of her books and fees, even though daddy just bought her a brand new 2009 Honda Civic. She goes on to say that she'll sell her books back to the bookstore and keep all the money for herself.

    Fuck minorities.
    >> Anonymous 09/30/10(Thu)13:05:00 No.11334770
    >>11334732
    lol damn you mad
    >> Anonymous 09/30/10(Thu)13:05:47 No.11334776
    >>11334720
    they have been saying that for years. It still hasn't come

    I'm not sure if it will. Or if it does, it will probably not be as large as everyone thinks

    Somehow pricews keep rising and people keep paying
    >> Anonymous 09/30/10(Thu)13:07:05 No.11334790
    >>11334712
    Right, but where would you find a job making 38k a year just moving to the US? Go ahead and try. Also, subtract taxes.
    >> Anonymous 09/30/10(Thu)13:14:13 No.11334861
    >>11334720

    Wishful thinking.

    Heard of a little thing called the skills shortage? That combined with the sluglike pace of land release in mining states like WA and SA means that so long as the mines continue to prosper, prices will not drop. Having a trade qualification has become almost a license to print money. The instant you're qualified you can go fly-in/fly-out and start pulling something in the region of 150k.

    Which means that the tradies who stay metro can now charge what they want, and developers have to pay it, or risk losing them to the mines. Don't believe me? I was contracted to a plumbing company to work on a new database. We had plumbers simply not showing up to jobs. And they could give a fuck less. The company couldn't afford to fire them, and for every customer they lost, there would be three calling the next day looking for work to be done. Think of all the trades involved in housing, all those costs have to be passed on somewhere, and as usual, the consumer ends up footing the bill. Combine that with obscene levels of taxation (though not as bad as the UK, thank christ) and you have a recipe for steadily rising housing costs.

    Housing costs will fall when the ass falls out of the mining sector for whatever reason. *coughMiningTaxcough*

    But that won't matter because the entire country's economy will swiftly follow suit.
    >> Anonymous 09/30/10(Thu)13:16:12 No.11334882
    >>11334790

    There indeed is the rub, anon.
    >> Anonymous 09/30/10(Thu)13:17:48 No.11334891
    > No, groceries, utilities, and cost of living in general in the US is not cheaper than Europe. 35k in the US means you are going to be living in a trailer and can't afford to have a family and will retire with nothing. It's enough to survive, but that's it.

    35k is more than enough for single life. 1k/mo is more than enough for an apartment in 99% of the country. Few hundred for utilities, few hundred for groceries, few hundred for car insurance/payments, you're looking at 24k/year for the "necessities", less in a cheap area.

    You can even live off minimum wage if you get a cheap room. The ones who think it's too expensive are the ones who make triple my salary, and somehow have half as much spending money as me. In other words, retards.
    >> Anonymous 09/30/10(Thu)13:23:38 No.11334956
    >>11334676
    where the fuck were you compton houses are incredibly fucking expensive in california
    >> Anonymous 09/30/10(Thu)13:26:19 No.11334982
    Getting my Masters in Technology in the Spring, I may start on an MBA or Master in Information Knowledge if my application I'm getting through at Harvard falls through. I have six-seven years career experience in nonprofits and higher ed and $0 in debt.

    What is going on is bullshit in the US. I'm glad I'm not ignorant enough to think I paved my way through college myself and it wasn't a case of fortuitous circumstance. It's abso-fucking-lute bullshit what is going on in this country right. The fucking Baby Boomers forgot what "social contract" means and the Gen-Xer's are a bunch of morons spooging over iPhones. And my generation is so fucking blind they can't see the machine in action until they get chewed up by it, and then it's too late. The BBs need to GTFO out of power. Between them taking the high tier management jobs and H1B murdering STEM job placements, our country is in such bad shape that it's unbelievable.

    >>11333553
    To answer your question, average loan is 20-30K for undergrad if the student works their ass off, a graduate degree adds on about 25K a year with room and board for a 2nd tier uni and no GA or RA assistantship. In America you pass your loans to your kids, that's how you get ahead.
    >> Anonymous 09/30/10(Thu)13:32:08 No.11335041
    >>11334956
    I'm not sure if we crossed over into orange/riverside but it was south LA county.

    using some mild google-fu I'm seeing similar shit offered out of realtor sites for around the 200 mark. Again, this is not even LOOKING at forclosure properties.
    >> Anonymous 09/30/10(Thu)13:34:35 No.11335058
    >>11335041
    la county is a shit hole tho
    >> Anonymous 09/30/10(Thu)13:37:25 No.11335086
    >>11334861
    Hmm. So a skilled trade would be considered basically anything you can get a degree in a technical college, yes? Including the medical field? I've researched jobs in Aus for about a month, and I'm seriously considering a move once I finish my degree. I can take another step and take a course for the ICD-10-AU coding system and be set for life. Time to start saving up some money... two years and I'm out of here.
    >> Anonymous 09/30/10(Thu)13:37:52 No.11335094
    >>11335058

    Well christ, go buy in the hills then.

    Even that's averaging at about 600-800k if reports are to be believed. Again, WELL below what I'd be paying for comparable location back home.

    I wonder what the rules are in regards to foreign property investment in the states... Might be an idea to set myself up a nice little nest egg for my retirement.
    >> Anonymous 09/30/10(Thu)13:41:52 No.11335128
    >>11335086

    No, more like Carpenter, Plumber, Electrician(!!!) et al.

    Plus, you've got to be sure your qualification will be recognised by all the faggot bureaucrats and union reps you'll be forced to fellate.

    Also, you'll be presented with a laughably small list of what constitutes an 'acceptable' trade for a skilled migrant.

    You think we treat our illegals like shit? Wait until you see the fucking anal rape we put the legit immgrants through.
    >> Anonymous 09/30/10(Thu)13:42:10 No.11335135
    paying only 200 for a semesters' worth of classes at community college with teachers who actually know what they're doing and realize that yes, you also have a job to go to is INFINITELY better than going to some piece of shit university where they'll charge you 2k for the same classes because of all the stupid crap they waste their money on (gymnasium, student run clinic, etc.) that no one ever has a chance to use because everythign shuts down at 5 sharp except the library.

    too bad community doesn't go past an associate's degree and i'm forced to go to the shitty university instead
    >> Anonymous 09/30/10(Thu)13:48:44 No.11335194
    >>11335128
    Actually I've looked into it and it seems like there is a pretty big need (as in most places) for medical coders. I'm currently trying to find the website that I found a few weeks ago about it...
    I'm not worried about immigration or the negativity about it, to be honest. I would have to deal with it eventually because there's no way I'm staying in the US.
    >> Anonymous 09/30/10(Thu)13:56:04 No.11335256
    >>11335194

    If you say so anon, I see most jobs in the IT sector going to Sukdeep Rajikumbyarmafuckinglongassindianname and his eighty-five cousins because their uncle works in HR. I've given up finding a decent position in programming that doesn't involve services for a call centre in australia.
    >> Anonymous 09/30/10(Thu)13:59:44 No.11335294
    >>11335256
    It's not really an IT position. I don't know... I'll look more into it, though. It's a definite possibility for me, I think.
    >> Anonymous 09/30/10(Thu)14:00:50 No.11335306
    >>11335135
    Not to be cruel, because I like community colleges, but that "education" at a university is a bonus. What you are paying for is two fold. First you are paying for the chance to expand your social network with influential contacts among the faculty and staff, they can get you good jobs at an early age, trust me I know.

    Second, you are paying for the prestige of the university to get your foot in the door. It's a bit like rock-paper-scissors. 1st tier beats 2nd tier, 2nd tier (state schools) beat 3rd tier, 3rd tier technical beats 1st tier because of lower loans.

    In addition, a university allows you to go on a life-changing journey, which is what college should be about. My girlfriend managed to go to Germany and teach for about 4 months on her final semester of undergrad, and that made her about as marketable as I am.
    >> Anonymous 09/30/10(Thu)14:02:52 No.11335328
    I have no problem with it. As long as you stick to state schools and watch your spending, anyone can get out with a reasonable level of debt.

    When I am done I am going to owe about $50,000. I was supposed have enough money put away by my parents to pay my way though school, but my mom decided to rack up an insane amount of credit card debt. Thankfully my dad had enough saved(threw $2000 in a mutual fund for 18 years and $1000 into a 18 year CD) to pay for 3 semesters.

    Unlike most high school grads I knew what I wanted to go to college for and I stuck with it. Next December I will graduate with a degree in chemical engineering. On average a chemical engineering graduates makes 65k a year at their first job. If you doubt this Google highest paying majors.

    Tips on how to get out college with a job and pay back your debt:
    1. Only live in dorms 1 year. The extra money is worth the experience. Technical majors can get put together in a dorm which will help your GPA.

    2. Unless you like math and science don't even bother with college. 4 years of working crappy jobs will look better for an employer than an english or art degree.

    3. Don't do study abroad. You will just throw a semester away. Your credits may not transfer, and the experience is too expensive for what you get. If you want to visit other countries wait until you have a job to pay for it.

    4. Once you pick a major, stick with it.

    5. Get out as quickly as you can. While you are deferring your loans, the interest accumulates. The quicker you get out the sooner you can pay off your loans.

    6. If you don't like the math/science/engineering major you are in, either switch to another math/science/engineering major or drop out.
    >> Anonymous 09/30/10(Thu)14:25:40 No.11335547
    >>11335328
    1. I agree about the dorms, I've only been at apartment/home so I can't comment much on that, but others who've dormed in my social circle pretty much say the same.

    2. I disagree with your statement. It should be "if you are from a working class family, do not go into English or Art." Those degrees require money to actually work out, and when they do, they are quite successful. As I said earlier, my girlfriend graduated with an English degree and a TEFL cert, and is routinely offered jobs anywhere from 28K-48E with free room and board and travel expenses all across the world. If you don't have the money to get auxiliary certificates and just get the degree, you are in trouble. Same for art. My stepsisters boyfriend makes a great living as an artist, but had enough money to invest in pro bono work and boosting his reputation for a year to make it happen.
    3. Not true, at least in my experience. I have visited a few European countries, and the difference between my few weeks visiting and my girlfriend's full immersion of teaching, living and partying in a country with her other dormmates will and does influence her actions to the extent of a complete paradigm shift of a personality.
    4. YES. I must add as a corollary that you should not enter college with a major in mind, even if you know what you want to be "when you grow up." It's easier to find what you are passionate about and have no regrets when you try a little of everything.
    5. There is a difference between subsidized and unsubsidized loans in America. One accumulates and one doesn't. I don't know which one however.
    6. That's just elitist.
    >> Anonymous 09/30/10(Thu)14:34:39 No.11335655
    >>11335547

    On point 2. I go to a high tier(top 20 in the US, top 50 in the world) public university in the US. I have only met one English major who was not majoring in Partying and Being a Hipster. I have not met any art majors who are actually talented.

    >YES. I must add as a corollary that you should not enter college with a major in mind, even if you know what you want to be "when you grow up." It's easier to find what you are passionate about and have no regrets when you try a little of everything.

    I see this as simply wasting time. All the career prep you get in high school is supposed to help to make a decision on exactly what you want to do after your graduate.

    >There is a difference between subsidized and unsubsidized loans in America. One accumulates and one doesn't. I don't know which one however.

    You can only get 1000-2000 in subsidized loans. If you make too much(like my case) you can't even get loans from the government.
    >> Anonymous 09/30/10(Thu)14:35:39 No.11335668
    24 year old here.

    I enjoy these threads. Reading about how you guys are $80,000 to $100,000 in debt. Haha, good luck with that faggot. I was never really pressured to go to college after high school, and I graduated in 2004.

    Got me a job at Walmart in 2004. Bought me a car in 2005, monthly payments were a fucking bitch! We're talking $420.15 from 2005 to 2010 every month on s bullshit $700 Walmart paycheck, plus interest. Paid it off entirely though.

    Quite honestly after going through with that, I don't know if I wanna go to college and have to deal with owing so much money all over again. I don't work at Walmart anymore. I have a better paying job now. Feel sorry for you collegefags and your debt.
    >> Anonymous 09/30/10(Thu)14:45:30 No.11335786
    >>11335668

    Have fun working at Walmart until you're 80.
    >> Anonymous 09/30/10(Thu)14:47:11 No.11335799
    >>11335655
    >On point 2. I go to a high tier(top 20 in the US, top 50 in the world) public university in the US. I have only met one English major who was not majoring in Partying and Being a Hipster. I have not met any art majors who are actually talented.
    TBH, same. Like I said, if they don't have the cash to pay, they shouldn't play. It's a good investment for both academia or a corollary to IP or law based field (as flooded as those two fields are right now), but if you are a tard and just waste your 4 years partying with those degrees, well find a pic of a black hobo cause you gonna get raped. As for Art, I think it's a bullshit scam racket but the money is there.

    >I see this as simply wasting time. All the career prep you get in high school is supposed to help to make a decision on exactly what you want to do after your graduate.
    Seems like you went to a good HS, the one I went to promoted babies and crippling depression. Could be an Ohio thing.

    >You can only get 1000-2000 in subsidized loans. If you make too much(like my case) you can't even get loans from the government.
    I did not know that, and that is honestly BS if its true. Do you have to fund yourself with private loans?
    >> Anonymous 09/30/10(Thu)14:50:50 No.11335826
    >>11335668
    You realized you wasted your opportunity to start or own a business or go out on a freelance contract with absolutely no debt.

    I feel sorry for you, you wasted a great opportunity and time of your life for Walmart and a car you obviously couldn't afford. At least the Mil. would've let you travel and took the sting off a degree when you are done.
    >> Anonymous 09/30/10(Thu)14:53:52 No.11335852
    >>11335799

    >Seems like you went to a good HS, the one I went to promoted babies and crippling depression. Could be an Ohio thing.

    I went to a school that can be best described as a mix of black people from the ghetto(where the high school was located) and the rednecks from the surrounding area.

    >I did not know that, and that is honestly BS if its true. Do you have to fund yourself with private loans?

    Yep. I have no problem with it since I know I can pay them off. What I want to do can only be done with a college degree.
    >> Anonymous 09/30/10(Thu)14:54:27 No.11335858
    i took out 46k in student loans this year. 3 more years to go!

    time will tell if pursuing a professional degree is actually worth it.
    >> Anonymous 09/30/10(Thu)15:00:37 No.11335912
    When I graduated I was 300k in debt.

    Now I'm not because I'm a physician (formerly engineer).

    The debt is nothing if you have a good job.
    >> Anonymous 09/30/10(Thu)15:26:36 No.11336157
    >>11335912
    how long did it take for you to pay it off? And what's your salary?
    >> Anonymous 09/30/10(Thu)15:26:51 No.11336158
    >>11335306
    it's sad when the only life-changing my university gave me was the chance to hate it with a goddamn passion. also the faculty and staff could give less than a rat's ass about any of the students on campus. maybe it's jsut that i go to a shitty university that holds a monopoly over the city. also, according to teh doctors and ph.ds i've talked to at my job, the actual university you go to doesn't matter in the least until you get started on your masters/ph.d. before that, it honest to god doesn't matter to any institute in this country where you got your bachelor's or associate's degree, so forgive me if i have trouble seeign where you're coming from
    >> Anonymous 09/30/10(Thu)16:02:26 No.11336676
    >>11336158
    >it's sad when the only life-changing my university gave me was the chance to hate it with a goddamn passion.
    That's about on par with most universities, most of them are diploma mills, sad to say. The second problem is that colleges are usually rated by how much they spend on a student, not the quality. USNews changed their rating recently to reflect this obvious flaw in ratings, you want to look for unis with a low student to professor ratio, high graduation rate, and lots of PhD's for research.

    >also the faculty and staff could give less than a rat's ass about any of the students on campus. maybe it's jsut that i go to a shitty university that holds a monopoly over the city.
    Also true, but that is because of tenure problems. Research institutions demand X number of published papers or studies a year to get tenure, and often garnish grants. Fact of the matter is, the average student is a way for the university to generate more funding for research. Unless you can assist them with either their workload through undergraduate studies, join them and become a staff member, or are unique enough to warrant them caring, you are a face in the crowd. Go to a regional campus if possible for your uni, alot of the faculty there are exiles, idealists, or professionals who teach for shits and giggles, and you still get the benefits of the mothership.

    >also, according to teh doctors and ph.ds i've talked to at my job, the actual university you go to doesn't matter in the least
    Yes, because of the tier system. The tier system allows you to teach at a university level equal to or lower than your Masters or PhD. Same with hospitals. It's not official but every uni uses it.

    >so forgive me if i have trouble seeign where you're coming from
    College isn't about the degree you get and the job you get from it. A community college just doesn't have the campus life a full uni does.
    >> Anonymous 09/30/10(Thu)16:29:05 No.11337081
    2nd year of a 3-year community college program here. In Ontario CC tuition is generally about half what the universities charge, and after I finish my diploma I can do 2 years of university for my degree. The diploma also includes 3 paid co-op terms so I could stand to be pulling in a decent salary when I finish.



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