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Clare Snyder Clare Snyder is offline
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Default An idea I had concerning Student Loans

On Tue, 27 Aug 2019 16:58:48 -0400, Ed Pawlowski wrote:

On 8/27/2019 2:13 PM, dpb wrote:
On 8/27/2019 12:59 PM, Bill wrote:
trader_4 wrote:

IMO, for many of these kids today, they would be better off starting a
small business.

I was pretty surprised to see an HVAC-related school on the list of
schools with the highest default rates (in the article that was shared
in an earlier). I supposed that a degree in HVAC set one up pretty well.

...

I didn't see the particular article, but likely that is one of the scam
outfits that does exist solely for the federal loan provided tuition and
doesn't do a lick of good in actually teaching the trade so most are
unqualified when they finish.

The HVAC program at the local CC does quite well by the student--there
are employers waiting for everybody we graduate -- but we don't graduate
them unless they qualify to do so.

--

It is also a pretty good career too. You can make more than a lot of
degree holders. I know a couple of guys into 6 figures.

The trades are not for everyone - but for those who are a good fit,
they can do VERY well.

Private trade schools and charter schools are often just big scams -
the "official" community colleges and polytechnics have generally good
teachers and turn out qualified graduates.

Apprenticeship programs like we have in Ontario are really good
options for the right students. I even had an honours phisics grad
sign on as an apprentice mechanic. He just retired from the position
of head of the technical department at a local secondary school