$90,000 in debt??? - Get a Job (2016) Discussion

[–] SamanthaM1206 8 years ago

Yes, it is. My fiance is actually like 86k in debt himself, and I have countless friends who have even more waiting for them.

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[–] Je_suis_le_vampire_Lestat 8 years ago

Sorry to hear that, I hope you guys can reform that system someday.

LOL you sadists https://youtu.be/6Zxy_dScjsM

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[–] radiotheatre-1 8 years ago

Or just not go into that kind of debt to begin with.

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[–] Je_suis_le_vampire_Lestat 8 years ago

Like not go to college or rely on rich parents?

LOL you sadists https://youtu.be/6Zxy_dScjsM

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[–] laikinasemail 8 years ago

is it a thing to go to college and get voluntary debt in america? Never went to college, have zero debt yet manage to earn more than any so called "graduate". College is a scam anyway (for 99 percent of people) since most kids go there because parents and friends and media tells them to since the day they are born. Nobody teaches kids business skills, but how to be even more dependant on the state and get massive amounts of debt for useless piece of paper.

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[–] tlm557 7 years ago

All of that is very true. You're just leaving the part out where most companies won't hire someone who doesn't have at least a Bachelor's Degree.

I'm also not a college graduate - and I'm sick of hearing (from graduates) that ANYONE could have went to college --- that just isn't true... My dad earned enough to barely support our family so I didn't qualify for any federal grants or loans.

I've also been turned down for jobs because I don't have a degree. I applied at a Honeywell factory once and they told me that I needed a Bachelor's Degree to sweep the floor. It is stupid system.

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[–] tlm557 7 years ago

Get criticized for not going to college or get criticized for not going severely in debt. Those are the only two options for about 95% of Americans. I'm a generation or two older than this crowd... when most people didn't go to college when they weren't wealthy. Now I can't find employment anywhere.

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[–] nightmare111 8 years ago

Wow that is really stupid i tought the education system in america was good but turns out its a ponzi scheme, in europe usually the state helps you to study 90k in debt... start hitting the hard work and study part time like everybody else does debt easy way out then hoping to land a dream job after graduation

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[–] guinevere_naberrie 8 years ago

Yes, both me and my partner are in the 80ks EACH. We will be indentured servants to student loan company and dept of education for the rest of our lives.

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[–] Je_suis_le_vampire_Lestat 8 years ago

I knew it was bad in American I didn't know how bad though. That's terrible, young educated people shouldn't be starting out that way. I feel like that would actually disincentivize people to go to college even. Sorry to hear that I hope you guys can reform the system someday.

LOL you sadists https://youtu.be/6Zxy_dScjsM

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[–] WarmSemenCannon 8 years ago

I'm in New Zealand and I'm in $40,000 which is not unusual for 4.5 years of education. Film school is usually $10,000 per year. We have interest-free student loans though, is it like that in America? Our left-wing government made student loans interest free but we've since had a right-wing government who have implemented at we pay 12% of our earnings towards paying it off.

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[–] tlm557 7 years ago

You can't get a loan unless you are not an American citizen, you are a minority, or you are already wealthy.

In the U.S. a good film school would be $50,000 per year.

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[–] jerseyd1 8 years ago

Yes American Universities are way overpriced, but the alternative is the way it's done in Europe where the taxes are unbearable. That's socialism for you.

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[–] michinine 8 years ago

The student loans levels will reach 2 trillion by 2020 and half of it will be in a constant state of near-default. The taxes might be technically lower than in Europe, but with the price that every generation went further into perpetual debt.

Europe (like the US) don't asks taxes on people less then $25k a year.
You can't just don't pay your debt if you are poor. There is no getting away, often even with the totally crooked insolvency laws.

The US has the same problems with people can't really stay at their jobs in their 60ties but will live up to 100 in this generation. Someone will pay this difference, and thus the taxes will go up in the US too.

http://www.theatlantic.com/business/archive/2013/01/how-low-are-us-taxes-compared-to-other-countries/267148/

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[–] ftremblay379 8 years ago

What's the point of even going to school then? Or going to school in the States? It would be less expensive to just go to Canada, even when you include the cost of life.

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[–] SoyChai 8 years ago

International students paying higher tuition fees at most universities in Canada than Canadian residents do. It's still fairly expensive for Canadians, though. Did you think Canadian university education was free?

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[–] The_Icon_0410 8 years ago

No, $90,000.00 will be the box office for this absolute bomb.

"But I have infinite tenderness for you. I always will. My whole life."

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[–] tlm557 7 years ago

No, that definitely is not the case. :)

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[–] racl_101 8 years ago

What I don't get is why even now, when it's widely known how bad it is for most, people continue down this path. Seeing other people in thousands and thousands of dollars in debt and at the end of the journey still struggling to get by taking any job they can get. It would just be better if they just got a job at Starbucks now, than after 4 years of college and then applying for Starbucks anyways.

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[–] legible-1 8 years ago

basically 18 year olds think of loans as free money or fake money. and everyone has the mindset that THEIR CAREER will pan out, even if no one else's does.

my friend went to NYU and has 100K in debt and he just works in journalism and still lives in NYC.
i almost went down a similar path, thank god I didn't.

I'm only 9K in debt and I still regret going to grad school lol. luckily i got a full ride for undergrad. but my dumbass 18 year old self wanted to go to college in Boston for 40K a year with no scholarship. thank god my parents didn't let me.

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[–] tlm557 7 years ago

THEN after, not THAN after...

That's 2nd grade stuff, not even college level. :)

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[–] Jebal91 8 years ago

A degree is not far off that in the UK either.

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[–] willisminns 8 years ago

Here in Australia its pretty expensive as well

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[–] Je_suis_le_vampire_Lestat 8 years ago

Yea but you get a lot of help with that.

Loans from the government

You can work and get the dole at the same time

You can get tax rebates on your student supplies

When you pay back the government after your degree, the amount comes out of your pay cheque. Which Im sure you wouldn't even notice the same as if you're paying a tax.

That's only if your salary reaches a certain amount. So if you're not earning enough they don't make you pay.

You don't have to pay back if you leave the country

It's not the worst system either.

LOL you sadists https://youtu.be/6Zxy_dScjsM

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[–] napgar1982 8 years ago

Average is between 40k-100k.

Never heard of anyone not paying interest on that. The only thing of note is you get a 12-24 month grace period after graduating where you don't have to pay a dime. That is IT.

Frankly, I'm glad I don't have 80k in debt like my ex-fiancee. I dropped out right before transferring from the community college and it's a decision I'll never regret because I lucked out with a killer job anyway. Typical or not, I got lucky and I'm only speaking for myself!

I do believe absolutely anyone pursuing a 4-year degree in California may as well go to a CC for as long as possible and transfer in to save at least HALF the money. No one will ever know you went to the CC and look down on you for it. It won't matter in the end and you'll have half the debt. Or just go for a decent 2-year degree and still make money in many cases.

That's what anyone I know who is smart did. I have friends making 80k-100k/year at age 30 who did the transfer deals here in California. It's just common sense if you don't have your head up your ass about living a college lifestyle and partying and you simply want to succeed.

All the teachers shoving four years down people's throats must be getting a damn commission. It's criminal. Just like our textbook prices. It costs anywhere from 200-500/semester to buy all the new editions even if you get them all used. I hate how we do education in America. It should be free. Education should always be free. It's just nonsense. I'd go back if it was free to do whatever I wanted in life, but as it stands, I never will.

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[–] 8 years ago

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[–] kieranmufc1999 8 years ago

*beep* hell I don't know about the exchange rate but here in Britain people are going mental over 20,000 debts

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[–] Jebal91 8 years ago

the average debt for a non funded degree in the UK is around - £40k

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[–] venomous-5 8 years ago

I guess this is what you get when you live in the homeland of Harvard and Yale...

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