East of Broken Bow | Carp - 12/23/2024 11:28
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According to the 'experts' the median college graduate earns $2.8 million which is. $1.2 MILLION for those without, which for those bad at math is CLOSE TO DOUBLE the amount earned by those with only a High School diploma.
( see link here, along with excerpt)
https://www.forbes.com/sites/michaeltnietzel/2021/10/11/new-study-co...
According to a new report from the Georgetown University Center on Education and the Workforce (CEW), adults with a bachelor’s degree earn an average of $2.8 million during their careers, $1.2 million more than the median for workers with a high school diploma.
(me here again)
So, explain to me, why people who do not have a college degree, who's lifetime earnings are expected to be about $2.4 million less than these two people (combined income) should have to pay off their $60K in debt???
Short answer, they shouldn't have to. It appears that those two college graduates have been paying the minimum payments on their loan, and are somehow surprised it is taking an eternity to pay off. They don't deserve their debt to be written off after 23 years any more than someone who pays the minimum on their credit card for 20 years, and still has debt on that. If they went to college and got a degree for goodness sakes, and are still that bad at managing money they should ask the college for a refund.
(Also, like almost everything from the Left, the answer is not to find ways to bring costs down, but rather to just throw more of someone else's money at it.
Edited by HuskerJ 12/23/2024 12:03
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This doesn’t make any sense to me.
