What’s the big fuss about student loans?

They go to expensive private schools when they cannot afford it, and when they could have instead went to a community college. Then they start whining and crying to get bailed out because they couldn’t find a good job after they graduated.

What’s with people thinking they are entitled to a good paying job after graduation anyway? There are limited positions for lawyers, doctors, and CEOs in any society. We can’t all be doctors. We can’t all be lawyers. We need some car mechanics, some chefs, some teachers, some electricians, etc. Everybody wants to be rich, but the fact remains that not everyone will be rich. So they go run toward the 100k profession and complain when they fail, blaming the school or sallie mae for high interest or fudging of the employment statistics. But what they really fail to understand is that it’s more their own fault than anybody else’s. They have to realize that there isn’t a house for every living person, there isn’t a hundred thousand salary for every living person, and that most of us are not going to be lawyers or doctors. Enough with fantasy world – live in reality.
Finny,

Actually, you TRANSFER out of a community college. I went to a community college and transfered to UCLA, and next year I’m going to a first tier law school. So no, there is nothing that put me at a disadvantage by paying forty thousand dollars a year less for my B.A.

You’re not taking into consideration the point that we can’t all be getting an education. There has to be somebody standing at McDonalds. There has to be a car mechanic, a garbage-man, etc. So it doesn’t make sense for every person to take out thousands of dollars in loans to get an education. Sorry, we can’t all become lawyers or doctors. If we subsidize everybody’s tuition, then we’d just have more whining students because they are in debt and can’t find a high paying job. There aren’t limitless high paying jobs, you see. You have to weed many students out.
Finny,

You may be slower than I am, because if you haven’t realized yet (and the question includes the words student loans), you TAKE OUT LOANS to get an education. That means that how rich your parents are does not have much of a bearing on whether you can get an education or not. Anybody can get an education. They can take out loans. The question isn’t whether everyone CAN get an education, it’s whether they should ALL get an education?

Okay, no McDonalds. No more restaurants. No more cars, because you don’t want any car mechanics anymore. Oh, and by the way, you know those people that come and pick up your trash every week? We don’t need them either, right? So get a shovel and dig a hole for your weekly garbage. Problem solved. You’re a genius.

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