Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Question for Americans

I’m watching tv and there’s a woman who has $100,000 student debt.

I have heard that size student debt is fairly common in USA. How do people manage that and also what if the had to pay medical debt too? How do they manage?
This page is a permanent link to the reply below and its nested replies. See all post replies »
Yes it is common. They spend spend half their lives repaying student loans.
Jenny1234 · 56-60, F
@Sojournersoul why does the tuition there cost so much?
@Jenny1234 I wish i had an answer to that question. I know private colleges just seem to charge outrages tuition.
Jenny1234 · 56-60, F
@Sojournersoul does that mean that the state colleges are cheaper?
@Jenny1234 Yes they are but still expensive.
LordShadowfire · 46-50, M
@Jenny1234 Community college is the cheapest. There's a running joke that it's called community college because everybody in the community can afford it.
@Jenny1234

why does the tuition there cost so much?

Devaluing of education by the Right has been part of a lowering of government subsidies overall (Federally; States also have a lot of educational spending, but much of that is focused on primary & secondary education ["K-12"]).

"Junior" or "community" colleges are two-year colleges which offer a very inexpensive alternative for both academic (the first two years of most college/university education) and vocational training. These latter programs have offered training in medical technology (specialized techs), office (formerly secretarial) skills, auto body repair, etc. The vocational training is hands-on and gets people certified for working in a specific economuc niche pretty quickly.

The general Republican push to reduce taxes has gutted government income from the very wealthy, reducing the funding of education, roads/other transportation, etc.

When taxes were more evenly paid, we had a country which was being educated, had good public services, was a powerhouse of research, went to the Moon, created nuclear power, led a coalition of free nations in handling world & regional issues, and helped other nations and our own.

Until we get over the gutting of tax income from the very rich, we'll be impoverished.