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comment by user-inactivated
user-inactivated  ·  2933 days ago  ·  link  ·    ·  parent  ·  post: More Than 40% of Student Borrowers Aren’t Making Payments

Holy shit, yeah, Everest is one of those for profit colleges. It's absolutely insane to think that these places actually exist.

A lot of my old friends are in the military. They either never went to college and ended up joining the military almost right away, or they went to college, dropped the idea for one reason or another, and joined the military as a backup. For a lot of people, there's a lot of appeal to becoming a serviceman. Garunteed pay, decent benefits while you're active and after (kind of, the VA is actually pretty fucked up), a promotional structure, on the job training, etc. The only downside is, a few of them have decided that career military is not the way for them to go, so when their time of service is up, they don't re-up. Now they're almost back where they started, because despite what military recruiters tell you, on the job military training doesn't always translate to marketable skills in the civilian world.

As for poor neighborhoods, while the actual risk of being a victim of a crime is statistically higher, sometimes people blow it a little out of proportion. However, whether or not you actually ever get stabbed or mugged or burgled is a bit of a moot point. The environment alone can be draining. When you're not home, you're worried about your possessions at home and whether or not they're safe. When the neighbors down the way are being loud as fuck for a place that already has thin walls, up until 3 o'clock in the morning, the loss of sleep has a very real impact on your mood and ability to be productive. When the pipes in your apartment building freeze and burst and your landlord takes a week to fix them because he doesn't give a fuck about the law, there goes your ability to shower and make yourself coffee. On and on it goes. Not only that, but I sometimes think that the actual worry of being harmed is more damaging than actually being harmed. It can be really difficult.

    I mean I got lucky in a lot of ways.

We've both been very lucky and I think the majority of the people on Hubski feel the exact same way. In comparison to what's going on in a lot of the world, we have it pretty alright. You gotta give yourself credit though, cause luck is only the half of it. You're also smart and it sounds like you're hard working as well. You've made some good, well thought out decisions to get you where you are in life right now and if you keep making good decisions, you'll probably turn out a little "luckier" every year. You got a lot to be proud of. :)





oyster  ·  2933 days ago  ·  link  ·  

They really are the worst, they prey on people and make them think that going to their crappy school will result in actually getting something. The thing is to in my city we have a really good college that offers the same programs but obviously better which makes it even harder to find something after the fact. Like not only does your diploma pretty much suck but you have to compete against people who went to the good college for jobs. It's just not going to happen.

Something interesting I found yesterday was 54% of borrowers said that if they could do it over they may have made different college choices. It would be interesting to find out how many of those students went to these for profit colleges.

user-inactivated  ·  2933 days ago  ·  link  ·  

Shit. 54% actually sounds really low. Hopefully a lot of college age kids will be able to learn from the rough experiences of the past decade or so.

oyster  ·  2933 days ago  ·  link  ·  

It seemed low when I look at my friend but really there was a bunch of people who did pretty good. I just don't talk to those people. A couple of my friends have more or less accepted it and made peace with things too. My friend and I actually had a conversation the other day in which she was saying that although she knows she could have been in less debt she doesn't regret it. So I don't think people like her would say they would do things over even though it didn't pay off in an obvious way. Like I moved across the country and after the first night woke up with bugs crawling on me. Most people would regret that, and at first I did but in the end I wouldn't actually change anything. They even came back just before moving to fuck with me but I still wouldn't have changed things.

I'm hoping, I mean the conversation has really shifted in the past years. Going to community college and then university is seen as a good option more as well and people are just starting to look at it differently in my experience. It's helpful to talk about how insane the cost is overall but that just doesn't help the people who want to go to school now and get on with their lives. It helps the next generation which is awesome but this one needs solutions too.