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Mark Geiger's avatar

What does it say about the higher education system (and the system overall) that they are not only willing to rip off the students with outrageous costs, but also knowingly give them a substandard product...?

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Rebekah's avatar

I'm generally someone who's big on personal responsibility. However, I do think that the student loan crisis is unique. I just now paid off my student loan this past spring. I'm 38 years old. Had I not had a few big chunks of money coming my way, that could have potentially been many more years struggling to get rid of that thing. What is different about the student loan crisis is that these kids are signing on to loans without any guidance from their parents and no one advocating for them. I was trying to be responsible and lived in the dorms for three out of my four years in college until I realized that it would be cheaper for me to rent than to live in the dorms. They are concrete boxes and they cost as much or more than up at apartment. The entire system truly is predatory because these kids have no concept of how much money they will actually make when they graduate and they have no concept of how much money that they will need to make for all of their various expenses.

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