Monday, March 17, 2014

Investing In Education

The other day I was fulfilling my guilty pleasure of reading the comments section of online news articles. The article I was reading about involved the growing cost of a college education and the subsequent bubble of student loan debt that is hanging over the country, to the tune of something in the ball park of $1,000,000,000,000.00 (That’s $1 trillion, but typing out all those zeros in much more dramatic). 
The loan debt could buy these ten companies, and there would still be $350 Billion left, enough to give every person in America over $1100. 
If you are a connoisseur of comment sections, as I adjudge myself to be, then you have undoubtedly come across a comment such as, and I am paraphrasing here, "if you want to go to college, you should get a job, save money and pay for it...blah blah blah...that's what I did with my house. Kids these days just want everything handed to them...blah blah...entitlement..." I stretched that out far longer than need be, but the point is in there. Apparently, going to college should be something you save up for and when you can afford it you go.