
So Obama keeps talking about how one of his objectives, as president, would be to make student loans more accessible. He then segues into what I'd describe as some nonsense about mandatory volunteer work in exchange for money for education. (if it's mandatory, are you really volunteering?)
Ok - I realize my parents paid for my college, and many don't have the luxury - so I realize some of you will write this off as out of touch.
I know plenty of people who took out student loans. I do not know one single person who wanted to go to college and wasn't able to because they couldn't get the money (maybe I don't know the right people for this). To the naked eye, it seems that student loans are too easy to get.
I realize the argument here is that some loans had huge interest rates, etc. Don't get me wrong - I understand that's a huge burden - having to write a check for hundreds of dollars every months for around 15 years of one's life.
However, this doesn't seem to be enough of a deterrent to some people uselessly educating themselves. I know it sounds weird - how can an education ever be useless....however, student loans, IN THEORY, is the government making an investment in students by giving them money for education - they are going to then use it to pursue a career that will give back to society, a career that will pull a good salary that can then be taxed, a career that will strengthen industry in the United States from an international perspective.
However, many people are going to college and continuing to work in retail and restaurant jobs (in non-manager roles). Too many people are going to college and taking on useless, non-vocational majors (sociology anyone? how about some leisure studies? or let's go for just plain, old fashioned English!).
EVEN WORSE - and I type this with COMPLETE and UTTER DISGUST (I'm sure those who know me know why) - I STILL, in this day and age, know a lot of women who are going to college for solely for an MRS degree. Seriously - huge waste of money - just go hang out at the bars on a college campus and don't waste tens of thousands of dollars.
That, and another issue - for some who have always excelled academically, going to school is easier than working. I know so many people who got straight A's, graduated, worked a year, struggled with it and defaulted back to becoming a full-time student. They might be happier, but they're burning money instead of making it. In the same sense that someone wouldn't purchase an $80K car and not plan on using - why are people doing this with college?
There's the old saying - college isn't for everyone, someone needs to be the trash collector.
However, on a more serious note - I do believe in the premise of a student loan - that someone from a humble upbringing who has a dream and works very hard can become the doctor, engineer, teacher, or whatever he or she has always dreamed of being - that these career options are not exclusive to trust fund babies. If I were in charge of this whole 'doling out student loan' business - I would base decisions on who gets a loan based on who has an actual career plan (sorry to the future 'undecideds' of America). Those who have an actual vocational majors in lucrative career paths would get the low interest loans.