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SSG Observer   Controller/Trainer (Oc/T)
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While some may argue that student loans are predatory in the amount offered to young adults in comparison to other types of loans when they argue in favor of student load debt, I believe it comes down to personal responsibility and accountability.

While I don't believe college should be as expensive as it is I always make the same two points which piss that crowd off. 1, nobody is forcing you to go to college. It is a choice you make so the cost of funding that education aside, you chose that. 2, student loans are not the only way to fund education. A lot of anti-military folk speak out against serving for the education benefits, however I know many people who signed up exclusively for that. They knew they weren't going to be career soldiers, yet they served their few years with honor and distinction, used Tuition Assistance their branch offered as well as the G.I. Bill they earned. There are also Grants and scholarships. People don't believe me when I tell them taco bell offers as 25k scholarship. I don't remember the particulars, but I discovered this during my transition from active duty to the reserves/ civilian life.
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SPC Cody Parker
SPC Cody Parker
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I suppose I have to both agree and disagree at the same time. I disagree in that it’s quite evident that student loans do indeed appear to be predatory, and in today’s economy, even a bachelors degree is most often not enough to earn a living wage (especially considering many “entry level” positions now want several years of work experience, which they just so happen to provide through un/underpaid internships..), which in turn pressures students to stay in school longer for more credentials, requiring more funding, and so on.


That being said, alternative career paths are often overlooked, as we (sadly) tend to think of tradesmen in lesser terms I.e lower down on the societal rungs. While the propaganda surrounding tradeschools and their career viability is often over stated, there are plenty of instances where it truly is the best path forward.


Similarly, the military route is often overlooked. As one of those service members who originally joined for the education benefits (and subsequently deployed in combat arms), the lessons I learned during that enlistment have been pivotal as far as my academic success goes. It taught me not to take my circumstances for granted, to give every class my all, gave me the discipline to see it through no matter how tough it seemed, and in the end has lead my to where I am now: the final stages of a PhD, after which I’m planning to re-enter service as an officer and give a bit of return on the investment.
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MSgt Michael Smith
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Ultimately It is going to hurt the U.S. economy. Lots of young people are avoiding buying homes, having children, moving,etc. because they have MASSIVE amounts of student debt. People I work with daily have close to 50 grand in student loans, for an undergrad degree! They can't buy new cars, homes, take trips, etc. all because they are laden with this debt. So take your pick --let the government help and these people can get out of this and contribute the the economy, or let them go into their 50s not spending any money and bringing the economy to a grinding halt.
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