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March 01, 2017

Half Of College Students Were Dropped On Their Heads

Coincidentally, the same Half of college students think their loans will be forgiven.

I took out one loan, mostly because it was cheap and available. But even then it was an anxiety ridden decision. And when I paid it back ($50/month for about three years) I was pleased. But I knew damned well that I was on the hook for the money, and that there was no way, short of dying (or teaching, which was less likely than dying) that I wasn't paying it back. Sort of like all of my friends!

According to a survey of 500 current college students conducted by LendEDU, a private firm that connects students and their families with student loans and loan refinancing, 49.8 percent believe they would be able to receive federal forgiveness on their student loans after graduation.

The entitlement culture of the Millennial generation has come home to roost.

"Why do I have to pay it back...I'm SPECIAL!"


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posted by CBD at 11:15 AM

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