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Thread: Student Loans: The Next Bailout?

  1. #61
    Senior Member LokiGragg's Avatar
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    Quote Originally Posted by splansing View Post
    You can also get an inexpensive degree and pad it with certifications from places like Wharton, or Harvard and Princeton, which offer workshops and classes and seminars publicly that you can take an slap on your resume, right there under your (cheap) bachelor's degree: Wharton Business Management Certificate, or whatever. Sure, you went to a seminar for 3 days and learned some business management tools. It's not an MBA. But it says "Wharton", after all, and the damage is done. It's in their head and you seem more valuable.

    And computers, absolutely. Tech school is one way to go, but you don't even need that. Just get certified. You can spend a few thousand dollars on a lab for your basement and build it up and tear it down daily. Then go testing. Cisco will charge you $250 for most tests. Pass 5 of those and you'll be fighting them off. Microsoft will charge you $125. Pile up 6 or 10 of those. Mix in a certificate here and there from a school with a nice name, and you're at least as appealing to an employer as somebody with a B.S. in computer science and no certifications.
    You've just described the padding I did with my B.S. in computer science. I also did a lot of networking with city council members by fixing their computer issues and bolstering their network security, for reference purposes.

  2. #62
    Swamper chaos's Avatar
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    I hate to burst your bubble but Trump won't make America great again

    4 million college grads can't find jobs
    40% of student borrowers stopped paying on their loan

    Trump won't do a federal jobs program and Trump won't forgive student debt. That adds up to a 1929 type crash. I'm not an alarmist but we've been kicking the can down the road way too long and something's gotta give.

    I thought it would be Hillary elected to deal with the next great depression but it turns out the electoral college wants Trump to deal with the food riots. Not even god can save us now.
    Thanks from TennesseeRain and steezer

  3. #63
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    Quote Originally Posted by chaos View Post
    I hate to burst your bubble but Trump won't make America great again

    4 million college grads can't find jobs
    40% of student borrowers stopped paying on their loan

    Trump won't do a federal jobs program and Trump won't forgive student debt. That adds up to a 1929 type crash. I'm not an alarmist but we've been kicking the can down the road way too long and something's gotta give.

    I thought it would be Hillary elected to deal with the next great depression but it turns out the electoral college wants Trump to deal with the food riots. Not even god can save us now.
    What are you talking about? President Obama says he has singlehandedly created 15 million jobs in the last few years and Janet Yellen says we are at full employment and interest rates should go up.

  4. #64
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    Quote Originally Posted by TennesseeRain View Post
    The OP claimed liberals want free college for all. Do you have a link for that? It seems an interest rate being capped at 3% does not equal "free." What am I missing?
    Thankfully I"m fixed at 3%, even then I'm shelling out 30K in interest alone throughout the life of the loan. thank god, it would probably double the loan if it was any higher

  5. #65
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    Quote Originally Posted by Libertine View Post
    What are you talking about? President Obama says he has singlehandedly created 15 million jobs in the last few years and Janet Yellen says we are at full employment and interest rates should go up.
    We've been talking about the student loan bubble since before Obama took office. Somehow Obama managed to kick yet another crisis can down the road for 8 years -- something's gotta give.

    The owners of our nation won't stand for 40% of student borrowers not paying on their loan. That would be seen as weakness and others may decide to stop paying on their auto loan or their credit card. The Donald has no idea how dangerous the swamp is.

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