So I had a conservation with a hospital employee the other day. She was working a revolving shift at the local ER reception desk, taking patients names, then moving patients to the triage nurse, then to further processing. A qualified person for the job, she just completed 1.5 years @ a college, and is finishing up her medical degree @ the local Tech College.
She can now afford to move from home ( she is 24 I learned ) and hopes that the Hospital will pick up the additional education costs to become an RN ( so the employer promised).
In the meantime, she has a 10 year $400/mo. debt to pay off her current student loan.
WOW!!! That's a car payment for 10 years ( and not even a high end car ) for a vehicle she does not even own!!!!
Let's take that to a higher end ..... A 4 yr. college degree that calls for a 20 yr. loan to pay off $150K debt ... a mortgage payment with no house to own. Is that the kind of debt we should require 'startup' students to be saddled with?
I am a graduate of 'free' education. 60% of my property taxes pay for K-12 education, yet I have no kids. Complaints? none here, as for every $1 invested in education produces $7 in tax revenue, yet the 'pay to play' private 'we can do it better for less' lobby groups think better. "They" think only of profit, not of the results that profit lawmakers the most ( increased tax revenue) opposed to profit to the lender industry.