/biz/ - Business & Finance

All you boomers just dont get it. Its not that this generation is retarded its that schools are insanely expensive and with interest. Going to a community college for 2 years and then 2 years to a university still costs you in the around to be 40+k in debt. Then people get 30k salary jobs and try to pay of those loans. It takes 10 years to pay them off when people pay minimum wage and 80% of the payment goes to interest only. And no people can't just live with their parents of find a place that's rent free, sure you neets can, but most can't.

Also you are talking about schools, counclers, and uneducated parents about how exepensive school is, telling the kids to go to school or you will be working McDonald's for the rest of your life. 17 year olds are given 30k yearly loans, for 4 years. Who the fuck thinks this is right? Cant smoke, drink, but sure take out a total of 100k+. If schools got rid of useless degrees that know wont give anyone a job, that would help.

The biggest issue is interest, most people have already paid of they're loans, but it all has gone to in interest. You look at the recent 0% deferment, and people are actually making a dent in them. All out forgiveness will never happen, but change the .fuckinng system. Make school be accountable for offer gender studies for 30k a year, so they would have some incentive to make sure the education would give someone a decent job.

>>18664136
>im gonna hold over the weekend