Copaman

With all due respect, your educational system is nuts. How on earth can you burden 20-something year-olds with a debt of 250k?! That's outright insane.

I wish I had a good answer. In theory the cost of education is proportional to the worth of the degree - in my case, at a top-25 uni for what I'm studying, I'll take that theory and run with it.

Supply and demand, brehski. There's a ton of demand and such limited supply. Ergo suppliers charge basically whatever the fuck they want without getting ridiculed into the public eye.

I do believe it should be further subsidized, though. Hell, it even makes sense economically for the government to invest in the youth (e.g. long-run aggregate production), but then again, in the long run we're all dead anyway. Guess we've got better ways to spend our money, like wars that nobody really supports and sodomizing the Constitution.

Indentured servitude.

But yeah, 250k would have been horrible even up here. I had around $60k when I was "done", and that was five years with two years in a pretty costly private school. If i went to a public uni for 7 years I'd averagely get around $11k per year in loans for a grand total of around $80k. Which you could in theory make back in little over a year.

Strange how the talk of student loans comes up quite often when people return to the forums.

I agree. It seems incredibly hard for most Americans to avoid living their entire lives in debt.

My loans are on like a 10-12 year repayment timeline or something. Basic napkin math, given the avg. starting salary for recent grads in my program, has me paying half of my yearly starting salary in order to pay back my education. Unreal.

I think it's interesting how it always comes up - I think it really speaks to how prevalent the issue is.

Hi Copa. Seems the RP gang have disappeared from revora. I certainly have for the most part.

and since it's the current topic:
I'm not quite sure how much I owe with my own uni studies, but from my understanding I will only begin paying it back once I start earning a certain amount of money(above 50,000 i believe), and while we don't get interest apparently it gets increased based on the consume price index.

We all grew up dude. Everyone knows that when you grow up and become a real person you lose your imagination.

I've already started repaying my loans while I'm here, $25 or more to each loan every month, to try and knock the principal down a bit.

I'm not sure about the rates and whether they're frozen or not. I know that I'm not expected to start repayment until 6 months after I leave college.
The issue I have with Obama's student debt forgiveness is this: I don't get any help from it. I'll be 250K in the hole with zero help. Now...because I chose to study something worthwhile, I'll land a job, so I'm not completely SOL. But 250K is a hell of a lot for a 22 year old. It seems to me like it's a safety net for those who don't want to study something relevant to what our society does and needs.

Sounds like fine examples of life in action to me. Any specializing in what you are studying yet, or just a ton of debt?

I'm in an interesting program - in two more years I'll be graduated with a Bachelor's in Business ... but it'll say "Integrated Business and Engineering with a Concentration in Materials Science and Engineering." The year after that I'll graduate again with a B.S. in MatSciEng.

But yes plenty of debt to go along with that.

Obama's "Student Debt Relief" thing was an absolute joke. I've produced better legislation with my beer shits.

did a quick one while batch-rendering some textures.

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Not sure if i got the order right now that i re-read your post, but it was a quickie.

psd-link for modification.

Very close, thank you. Much appreciated.

Give them one more economic disturbance like the bankruptcy of Greece or some American event that causes the stocks to fall again. They will wax and wane for as long as the economy is in trouble. And if nothing gets changed the economy will be in trouble for a long time.

That's what they believe? Or what you believe the truth to be?

The economy will recover, one way or another; such is the nature of capitalism. It's just a matter of time.

Working hard and keeping their mouths shut. These people do it in shifts though, they might even be spending their vacation weeks to do it. Some are probably genuinely jobless and live off food-stamps and donated food. "Involuntarily part-time" is a catchphrase up here these days, that can also be a possibility for many.

Keeping our mouths shut?

Not quite. I'm perfectly capable of expressing my own political opinion. I'm not just a "sheep" that has been "brainwashed" into keeping quiet when I don't agree with something. Like I said in my post above, I think the whole Occupy thing is completely ridiculous. Let's all go out, not work, and bitch and moan about the people who are making more money than us. We'll call it a protest or the start of a revolution, and everybody who is a Democrat will love us ... that includes the media.

Alternatively, every one of those people who are protesting could go out and work towards their dream. Yeah, maybe you have to work two jobs to make the kind of money you're comfortable with. That might be a possibility.

In my own personal case, I'm racking up tens of thousands in debt in order to obtain my college degree, on the pretense that my degree will help propel me to a job where I start out making a good sum of money. Do I want to be thousands of dollars in debt? Not at all. Would I rather sit around complaining until someone gave me a handout? Absolutely. If I could live off of other peoples' money and not have to work hard, I definitely would. But I know that that isn't going to be the case. I'm dedicated to becoming successful, and I know that that will involve hardships. Again: do I want to be tens of thousands of dollars in debt, or work 40+ hours a week as a BUTCHER during the summer, or possibly find a second summer job to make even more money, or golf only once the entire summer? No. But in my mind, it is something I have to do in order to eventually live the life I want to live. Once upon a time, that was appreciated in society. Doing what it takes, until you make it; that was the American dream at one point. I'm not terribly bothered by the fact that it seems we've gotten away from that, though. In society, somebody has to be a part of the 99%, or the 53% that supports the people who don't deserve the support, or the 1% being protested. I know that with the work I'm putting in and the work I will put in once I'm out of Uni, I'm going to start my journey in the 53%. Right off the bat, my money will be taken from me and used to support people who don't deserve it. People like the ones protesting right now instead of working jobs. With some hard work, determination, and maybe a small bit of luck, my goal is to end up in that 1%. And that's what drives me. Think of the life that the 1% gets to live. Instead of bitching about not being able to live that life, how about you go out and strive for it?