|Original post by zyrolasting|
|Get a degree. $62k is not exactly a whole lot of money for college these days.|
Absolutely!... If you have it.
Nobody has it... I mean where exactly is a 18 year old going to get ~$25k a year, while going to school full time? Legally?
Student loans are government subsidized. The government has no interest in calling in loans on new taxpayers. Third parties offering student loans have no interest in pissing off the government by harassing students.
I can't be taking loans or doing anything to risk putting me in the hole. I'm close enough to the edge to make loose rocks fall as it is.
Close to the edge of what? I mean, how much debt can you be carrying just out of high school?
Just realize I don't have as many options as the rest of you guys.
You haven't exactly spelled those out for us. Student loans are plentiful and pretty easy to come by. The only way you don't really have many options is if you've managed to get atrocious credit by age 18, or were such a terrible high school student that even the government thinks you can't graduate from college (in which case, you've got more problems that financial aid concerns...)
Look, there's plenty of student aid calculators out there. Do the math. I am probably the worst possible case. Expensive private school, failed out early (so the grace period of the loans ended early) and then got to make $7.50 an hour for my first year. Even then the loans weren't a big deal. Less than my car payments. Significantly less than my rent.
Hell, median income between high school and 4 year degree is ~$22k a year:Linkie
Who cares about a few hundred a month in loan payments when you're taking home an extra $1500 a month? [edit: yes, those figures are average over the whole population, and probably not entirely
applicable to the discussion at hand. And the rhetorical question wasn't the best way to approach that, but the general point holds. Programming jobs pay well, even right out of college. Getting a programming job without a degree is damned hard. The income difference alone goes a long way towards curing the pains of student loan debt.][Edited by - Telastyn on November 2, 2009 11:12:37 PM]