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Joe Swanson
Jack Morgan RLP
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Comments by "Joe Swanson" (@joeswanson733) on "The Student Loan Epidemic ...... Part 2" video.
high school should have an extra 1-2 years of vocation training.
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@edheldude don't exist in the us
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as for the existing student loans either the government will have to take a big haircut and discharge some of the debt off their books or they will need to restructure the debts/loans into a smaller monthly paymenet plan without accruing any more interest. basically something drastic will need to change. because we are hitting the point where the borowee is tapped out. any loansharker knows that if the borowee is dead your loan is gone. also we need to push for vocation training, trade school, apprenticeships, get rid of government backed loans for colleges. colleges need to go back to charging realistic tuition rates because if no one goes sto your school your school dies nayways. so its either die now or die later.
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@mbrown5494 we're gonna have few options of true job stability. Fixing cars. Welders Plumbers Electrician HVAC Machinist Wood works Basically anything that requires the dexterity and nimbleness of humans until they can create humanoid robots that can match human dexterity
1
not all the parents were able to financially support their kids to or through college.
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@GigaChad_169 i was trying to break down what you said initially which was if parents paid for their kids college education how come we still have over 1 trillion in student loan debt well that's the thing it means that a lot of parents still told their kids to go college but couldn't foot hte bill. at the same time the kids went to very prestigious schools not the local state colleges at the same time they didn't go into the sciences for better career prospects. this is what i found online Millennials carry an average balance of $33,173 per borrower. As of June 2022, 27.7 percent of older millennials carry $10,000 in debt or less. 43.5 percent of millennials ages 36 to 41 owed $20,000 or less in 2022. so unless everyone thta went to college is making $150,000 a year they would need to pay for their living expenses, insurance costs, taxes, everyday expenses on top of student loans without feeling pinched
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