The only good thing about my country is that the University is free and books dirt cheap. I can’t say more.

Ha!

The one good thing about student loans is that they’re cheap. Actually, there’s very little wrong with student loans. The problem is that college is ridiculously fucking expensive. Man I sure do love shelling out over a thousand dollars for books, half of which I will never actually use and none of which I will be able to resell for more than like $25. (Or resell at all in the case of my accounting book, which was just a bunch of unbound three-hole-punched pages I had to use a binder for.)

@boilerwash  
Yeah, I graduated 3 years ago and there’s still bugger all work to be had for me. Thankfully I managed to pay for college with grants so I’m not in debt, but I don’t particularly have any money either.
 
But here’s the question: what would the CMC study in college?

@bucky  
That was the joke. I was mocking their currency.

@Urishima  
Yeah preatty much and its about to bite us on the ass real hard. All the people that went to school immediately after the economy tanked have graduated 1-2 years ago and there was still no work (no matter how many times the news says things are getting better) waiting for them when they get out and are now $60-70 grand in debt. Add the expodential amount of kids graduating every semester on top of that and we’re heading full speed for a crash that will make the housing market wreck look like a friggen’ picnic.
 
There’s “student debt consolidation” ads playing ad nausum everywhere which is the signal that we’re about 12-18 months away from this coming down on our heads. My hope is that right around the time I graduate is when the whole thing falls in on itself. At that point the banks will be forced to either forgive a ton of those loans or drastically reduce payments.

@Prof.NightJack  
True, but I can understand that people get discouraged when they see what kind of debt they would end up with.

@Urishima  
Oh I know that, but saying saving up money doesn’t help cover some of the expenses your child will have in college is like saying saying saying there is no point planing ahead.

@Prof.NightJack  
It’s really the system you have in the US that is thoroughly fucked.
 
Not saying our system here in Germany is perfect, and I would have a lot of bad things to say about our education system in general, but we don’t lure young people into huge debts.  
https://en.wikipedia.org/wiki/Student_loans_in_Germany

@DanielTepesKraus  
It’s $1013.17

@boilerwash  
Hay, it’s better then not doing it at all, so it is still something that will help.

I love how people think college funds are still something that will help their kids. Yeah the whole $3-5,000 you might scrap together over 18 years will realy help towards the $70,000+ you have to borrow to go.

Yep. 100 dollars will get you very close to college.

She’ll make enough to buy the whole college.

Yay!