On 8/18/2011 1:16 PM, Richard wrote:
On 8/18/2011 10:04 AM, John R. Carroll wrote:
Richard wrote:
copy that!

Think about what it must be like to be just starting out in todays world.
You'd have to be optimistic and look at everything as an opportunity but
thatse opportunities aren't nearly as promising as the ones I remember
looking forward to.
It's really a shame and maybe the worst result of all of this.



My girl friend has three daughters.
Two are still in school - or want to go to school.

But college loans are dumber than a 30 year mortgage.

College loans to get a graduate degree in art history or linguistics
seem like a pretty bad idea. Loans to get an engineering degree or a
hard-science degree, or for professional school (law/medicine/dentistry)
or in some cases an MBA, probably aren't such a bad idea. As in any
such investment decision, you need to think hard about the ROI and
expected income stream. Going to med school and then going off to
provide free medical care to savages in an jungle some place probably
isn't smart.



We hear about it a lot.

You are right on..