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<blockquote data-quote="TFX 186" data-source="post: 347362" data-attributes="member: 2289"><p>I've got some experience with this student loan thing. I have 3 children who have gone on to college and taken loans because mom and dad couldn't afford to pay for college and save for retirement as well. One went to undergrad and then on to become a Dr. Another one went to undergrad for about 6 years before graduating. The last one said screw it, not doing 4 years and all that money. Worked and paid for 2 year degree. In my opinion, the high schools need to do a better job of guiding the kids. Quite a few of these kids fresh out of high school wont listen to stupid mom and dad and I think it would be better to get the same message from 2 sides. They are too young and not mature enough to make decisions spending thousands of dollars on college. Once they are in college, they get an (advisor) who works for the college and has the college's best interests first. $$$$ They advise them to go to more and more school. Some kids call BS on it and most follow along because they don't know any better. I think the colleges are just one big MONEY SUCK and are using kids and parents for the money. I believe the higher ed in ND has way to many colleges and no one with enough nuts to streamline the system. </p><p>And yes they are paying off their school loans because as they matured, they understand that borrowing means paying back. We lectured and talked about college and loans and money extensively and everyone knows that kids are different and take advise differently. Some....not at all.</p><p>.02</p><p>Fish On!</p></blockquote><p></p>
[QUOTE="TFX 186, post: 347362, member: 2289"] I've got some experience with this student loan thing. I have 3 children who have gone on to college and taken loans because mom and dad couldn't afford to pay for college and save for retirement as well. One went to undergrad and then on to become a Dr. Another one went to undergrad for about 6 years before graduating. The last one said screw it, not doing 4 years and all that money. Worked and paid for 2 year degree. In my opinion, the high schools need to do a better job of guiding the kids. Quite a few of these kids fresh out of high school wont listen to stupid mom and dad and I think it would be better to get the same message from 2 sides. They are too young and not mature enough to make decisions spending thousands of dollars on college. Once they are in college, they get an (advisor) who works for the college and has the college's best interests first. $$$$ They advise them to go to more and more school. Some kids call BS on it and most follow along because they don't know any better. I think the colleges are just one big MONEY SUCK and are using kids and parents for the money. I believe the higher ed in ND has way to many colleges and no one with enough nuts to streamline the system. And yes they are paying off their school loans because as they matured, they understand that borrowing means paying back. We lectured and talked about college and loans and money extensively and everyone knows that kids are different and take advise differently. Some....not at all. .02 Fish On! [/QUOTE]
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