What is so interesting about this, I think, is that there's at least one caller who emails in with complaints about how the burden of loans caused her to take a career she didn't want, Wildlife Management, over one she did, Veterinary school, as she couldn't afford the loans. She then goes on to blame the burden of servicing her loans for living far from her family, and for not having any children.
The other thing that is is ineresting is that a few callers have no sympathy at all with those complaining about their loans.
I'm afraid I'm in that camp, the one without sympathy. Choosing a career you don't want, just because the loans are cheaper, is stupid. Beyond that, avoiding real life, to service loans, is as well.
This probably says something, however, about the current nature of our societal view towards education. Why must we go this route? We don't have to, we're choosing too. And now, a large section of the population views paying for the loans they obtained for their education as unfair, when nobody asked them to get the loans in the first place.
Not that society cannot be blamed to some degree. We've created a culture where we now view manual labor as demeaning, and teach our middle class children that. The grandsons of machinist and tool and die makers feel they must go to college, and indeed they must as we sent the tool and die work to China, more or less intentionally. So we're now all over-educated, and can't pay for it with the jobs we retained. And we encourage this to continue on by giving loans for educational pursuits we know will never pay off.
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