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Calling all College Students! Should The Government Bail You Out?

Chole 2010/02/22 18:18:22
The government should help bail college students out of debt!
You chose to go to college, the debt is yours to handle!
I think college tuition costs...
You!
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When I graduate from college, I'll be $60,000 in debt. According to the Huffington Post's ongoing investigation into rising tuition costs, that's not much of a shocker for a student at a private university.

American students have borrowed over $527 billion to attend college, and student loan accounts in the U.S. have peaked at 69 million. The average debt of a college graduate is $23,200. With college degrees being a common prerequisite for employment, it's become standard for Americans to be knee deep in debt before joining the professional work force. And that's a recent development.

So, should the government pitch us college students a cookie and help bail us out of debt?
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Top Opinion

  • WF 2010/02/23 02:27:58
    You chose to go to college, the debt is yours to handle!
    WF
    +6
    Debt is a personal choice and responsibility. No one is making you go to Harvard over the local state shcool.

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  • mary tod 2011/11/04 23:30:05
    You chose to go to college, the debt is yours to handle!
    mary tod
    I took no loans and worked hard and paid for college! Not fair to bailout people who acquire debt. They made the choice to go to expensive colleges verses state schools etc. I paid for my education don't tell me I have to pay for someone else through taxes. Everyone is looking for a handout! I went to a state university! I will now have to foot the bill in a bailout for someone who went to a private college. We all make choices and have to accept responsibility! Yes the cost of college needs to be drawn in. But enough is enough! NO MORE BAILOUTS! Think of the people who did not go to college for lack of finances. They could of after all! I wish I took loans if there is a bailout! Doing the right thing doesn't pay!
  • nessa 2010/04/01 16:22:51
    The government should help bail college students out of debt!
    nessa
    +1
    they should help bail them out because they will pay them back with their working career services.
  • itoldyouso 2010/02/25 15:08:04 (edited)
    You chose to go to college, the debt is yours to handle!
    itoldyouso
    This is my pet peeve. I was a professional student. Went to college from 1965 through 1979. I paid as I attended. IF I could'nt I did'nt go. Called pay as you go... our politicians should learn from this. I disagree with parents, government, or any other support. Hell if you want it bad enough pay for it.
  • jackolantyrn356 2010/02/24 23:52:40
    I think college tuition costs...
    jackolantyrn356
    Look, just tell em you're in college. Heck! how do they kknow where your going to svchool or even if you are going to school ... The President Obama slipped that one by his sef. He was never there at Columbia, but it was all on his say so because he was black. And had friends in Chicago.
  • wewewe 2010/02/24 19:56:59
    The government should help bail college students out of debt!
    wewewe
    +3
    wewweeewwwe
  • Michaelene 2010/02/24 13:38:01
    You chose to go to college, the debt is yours to handle!
    Michaelene
    I pay my student loans with money I earn. Every month I make sure I earn enough to pay the loan. Student loans cannot be bankrupted. Whether you choose to attend a private, community or public school, the choice was yours to take out the loan, so pay it back.
    Stop crying about life being "unfair"! Everyone knows there is no such thing as fair!
  • Zack 2010/02/24 08:41:01
    The government should help bail college students out of debt!
    Zack
    I think we dont have to pay for our education in the collage ....
  • Quasineutrality 2010/02/24 00:57:08
    I think college tuition costs...
    Quasineutrality
    suck
  • Rick4Ron - Paul☮2012 2010/02/24 00:32:52
    You chose to go to college, the debt is yours to handle!
    Rick4Ron - Paul☮2012
    +1
    Our government, through the use of taxpayer money to subsidize the ever expanding expense of college, is the problem!

    Knowing students, could obtain taxpayer guaranteed loans, to attend college, has allowed these institutions to constantly raise tuition, charging as much as they can get away with. And with the present administration's promise to add more tax dollars... the cycle will continue.

    End these subsidies now! they crush students and their families with excessive debt, for a product that could be done more efficiently... in less time, using modern digital methodology. Those hallowed Ivory halls, are overpriced, and filled with part-time professors and student teachers doing most of the work, anyway!

    Our community colleges do a better job, with less money!

    let's face-it... college is just a way to party, and delay adulthood... with a drop-out rate, and student loan default rate they don't want to share with you!

    Time to evolve the university system, in to a more efficient machine! Remove their govt. guaranteed money supply... force them to improve... or shut-down!
  • Dan 2010/02/23 23:47:04
    The government should help bail college students out of debt!
    Dan
    i think its stupid for canada and us have the college with money

    its free in most of the world
  • URAnIdiot 2010/02/23 23:28:19
    You chose to go to college, the debt is yours to handle!
    URAnIdiot
    +1
    I'm half way done paying mine back. The American dream is something you have to earn.
  • Bernie 2010/02/23 23:17:12
    You chose to go to college, the debt is yours to handle!
    Bernie
    +1
    Well if the government bails you out, that means they own you. Do you really want that to happen? I don't.
  • Anontophat 2010/02/23 19:02:11
  • The_Edge 2010/02/23 18:55:43
    I think college tuition costs...
    The_Edge
    +1
    Are to be borne by those that incur them. Government bailing out? Excuse me? What Government Money would that be? The Federal Government is completely broke. If they want to let the college loans go, then all legal citizens that can show a Federal Income Tax liability for 3 out of the past 5 years should be able to be forgiven for any commercial debt at the average amount equal to the qualifying student loans for bailout. After all it is OUR money being used. There is NO FEDERAL GOVERNMENT money. No matter how many banks and automakers Obama goes into hock to buy.
  • Frank 2010/02/23 18:39:26
    You chose to go to college, the debt is yours to handle!
    Frank
    +2
    Pay it back. There are a lot of students that take the money and never attend class because it's free money in the long run.. I personally know several and I don't approve because eventually they'll ruin it for the legit students.
  • Frank Frank 2010/02/23 18:45:17
    Frank
    +2
    I went to college, paid my own way by working such jobs as mounting tires at Montgomery wards, mopping hot tar roofs, hay field, carrying out groceries, and washing dishes.
    Need I say any more about what I think about the situation.
  • Dan Frank 2010/02/23 23:48:27
    Dan
    you're just saying that cuz u paid it back

    if you didn't you will say they should :)
  • Frank Dan 2010/02/28 17:31:50
    Frank
    No I didn't borrow because I didn't want to pay back and back when I went you had to pay back if you borrowed, wasn't no forgiving the loan. I'm encouraging my grandkids to borrow to go to school and pay it back at a low interest rate, It's a good deal, but they need to pay back simple as that..
  • luahoana 2010/02/23 18:35:57
    You chose to go to college, the debt is yours to handle!
    luahoana
    +1
    No bailout, but low interest loans should be available. My parents couldn't afford to send me to college so I went to work, instead, for a couple of years. Yeah, I was getting about $2.50/hr. as a photo technician while my friends were making $10/hr.+ at waitressing, but I got some experience i in the field I thought I wanted to work in.

    Then I applied to college, got in, and worked my way through. No spring breaks in Florida, just hit the books and work hard. It paid off since I received a lot of scholarships, made a lot of connections (many of which I still have today), and earned enough money to cover most of my expenses. It took me a little longer to finish – 7 years – but when I received my Master's degree I was only $2,100 in debt. I paid that off in less than a year, then took a three-week trip to Europe (my first) as reward to myself.

    Too many students don't take college education seriously enough, nor are they willing to make the sacrifices necessary to take full advantage of their time in school. Personally, I resent the idea of a bailout for college students. Why? Because I got my degrees the old fashioned way: I earned them.
  • dublin9 2010/02/23 18:13:06 (edited)
    I think college tuition costs...
    dublin9
    +1
    Government is really helping out college students who work for them for five years. It is another attempt at elevating government workers above the rest of the population. If you work for government, they bill the private sector taxpayer for the cost of your education. If you work hard to become a private sector entepreneur attempting to develop something to make America better, you pay your own college bill. This is perverse.
  • jasmine1 2010/02/23 18:09:03
    You chose to go to college, the debt is yours to handle!
    jasmine1
    +1
    No one gave me or my children money for college. I am really sick of all the entitlement attitudes in this country. "There is no free lunch." You will pay one way or another. There is no money tree orchard behind the Whitehouse or the Treasury Building in Washington. Wake up and face reality. The taxpayers (us) pay for everything.
  • amazinggrace 2010/02/23 16:43:03
    You chose to go to college, the debt is yours to handle!
    amazinggrace
    +1
    You mean, should the taxpayer bail students out, NO. No one but me is paying off my debts.
  • KELLI2L 2010/02/23 15:52:27
    You chose to go to college, the debt is yours to handle!
    KELLI2L
    +1
    When we choose to go to college - we should do it knowing the debt is ours to pay back and not expect a government handout. A hand-up is okay (in the way of private grants, etc.)
    I actually would like to see our Mothers/Fathers - Grandmothers/Grandfathers get a bailout - - for (imo) THEY are really getting shafted in this economic downturn. . . . .
  • Einstein 2010/02/23 14:16:12
    The government should help bail college students out of debt!
    Einstein
    They are going to pay for everything else, why not college students. I mean, come on, if you are going to pay for every useless being in the whole US of A to have healthcare, education should be right up there.
  • Caitlyn 2010/02/23 14:10:21
    The government should help bail college students out of debt!
    Caitlyn
    We bother to get a higher education so we aren't living off wellfare, I think the government should lend a hand in paying off loans. Not necessarily the entirety of the loan, but a portion of it anyway.
  • FUTURE BREEZE 2010/02/23 13:49:47 (edited)
    The government should help bail college students out of debt!
    FUTURE BREEZE
    UK Students have the same problem... NWO NWO NWO keep them in debt, control them forever...
  • MW121 2010/02/23 12:20:30
    You chose to go to college, the debt is yours to handle!
    MW121
    +1
    Under this administration.. why go to school.. just get a government job and you'll be set for life.. If you need more money just go across the street and ask your neighbors.
  • Tara 2010/02/23 08:35:04
    The government should help bail college students out of debt!
    Tara
    I don't see why not. I would rather see my tax dollars go to helping pay for someone's college education who will then become a productive tax paying citizen instead of going to someone who is on welfare because they couldn't afford college and can't make ends meet with a crappy job and requires welfare help.
  • comptech - Quit whining please 2010/02/23 06:46:27
    You chose to go to college, the debt is yours to handle!
    comptech - Quit whining please
    +1
    I worked my tail off to pay my way through college, I worked at the most demeaning and hard labor tasks that I had to do in order to get through it.

    If you want to go to college you need to pay for it, I already suffered the blood, sweat, tears, and callouses to pay for mine.

    What you are really asking is do we want the government to take a dollar from one American who earned it and give it to another who didn't? The answer to that is a resounding NO, don't be a BUM, pay for your own education.
  • sasquatchette 2010/02/23 06:22:12
    I think college tuition costs...
    sasquatchette
    I have to admit that I like the idea of a college student bailout as much as I like the idea of M&M;'s for dinner. That is - makes my mouth water but I know it's a bad idea.

    Part of the reason costs got so high in the first place is that the government began subsidizing college attendance with grants and subsidized loans. So this cut the out-of-pocket cost in the short run, but in the long run the out-of-pocket cost returned to where it was before. So people were paying as much as they were before, plus any govenrnment grant money, plus loans; a net loss for the college student. The cycle kept on and people kept paying because college degrees are, as the poster stated above, a "common prerequisite for employment." Inflexible demand + government subsidy = skyrocketing costs.

    Which is why more and more people are electing not to pay the cost (such as keep the crappy job and stay on welfare-type programs to feed their family) or find alternative means to pay, such as join the military and get your tuition direct-billed to the government.
  • thefatguy 2010/02/23 05:47:00
    You chose to go to college, the debt is yours to handle!
    thefatguy
    +2
    No one paid my tuition. Why should I pay for someone else's? College is an investment. I don't ask anyone else to pay for my investments. If you can't afford it, don't go.
  • Gordon 2010/02/23 04:32:29
    I think college tuition costs...
    Gordon
    +2
    ...keep on going up. Instead of increasing tuition, maybe some administrators ought to take a look at not giving themselves huge increases
    That goes with the politicians, too.
  • horse 2010/02/23 04:16:24
    You chose to go to college, the debt is yours to handle!
    horse
    you pay your on debt for college
  • Gunocologist 2010/02/23 03:32:42
    You chose to go to college, the debt is yours to handle!
    Gunocologist
    +2
    When you say "the government", What you really mean is, should I and the rest of the tax payers bail college students out. First, The "Government", doesn't have any money, or source of income other than the tax payers. Why does anyone think I owe them a college education? Your debt, deal with it. Maybe the Gov. should bail me out on my car loan. Same difference!
  • WF 2010/02/23 02:27:58
    You chose to go to college, the debt is yours to handle!
    WF
    +6
    Debt is a personal choice and responsibility. No one is making you go to Harvard over the local state shcool.
  • paleale 2010/02/23 01:53:36
    You chose to go to college, the debt is yours to handle!
    paleale
    +1
    The government is doing society a disservice by rewarding going into deep debt for a college education that has become meaningless. You don't need a college degree to do anything! Bring back the journeymen programs!
  • Trappedinthe90s 2010/02/23 01:41:01
    The government should help bail college students out of debt!
    Trappedinthe90s
    Let's say you're a college student who works full time for about 10.00 an hour, pay taxes, rent, gas, electric, car insurance, and maintenence, groceries, clothes, gas for you car and hygiene products. You make good grades and are going to school so that you can afford to not have to struggle... someday. If that is the case and you just graduated and the good job you hope you're going to get is going to go to the things listed above and paying college debt for the first 10 years, then yes, I think they could spare a few bucks as an incentive since the use the lack of a degree to eliminate worthy people from good jobs.
  • thefatguy Trapped... 2010/02/23 05:50:14
    thefatguy
    +2
    Your "incentive" is a better job with a degree. You want to dance, you better be prepared to pay the band.
  • Trapped... thefatguy 2010/02/23 16:56:55
    Trappedinthe90s
    The money from the better job is often spent on repaying college debt. For the first few years it's barely a benefit and sometimes in this economy no benefit at all. There are other ways to make money, but the ones who choose higher education shouldn't be financially penalized for it based on the I paid you should mentality of bitter senior parties.
  • thefatguy Trapped... 2010/02/23 17:19:04
    thefatguy
    +1
    I'm hardly a senior citizen. I graduated 15 years ago and I'm STILL paying off my student loans. And I'm not asking anyone else to write me a check. And the ones who choose higher education SHOULD be penalized. It's called a loan! YOU take it out and YOU pay it back.

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