Do You Consider Student Loans A Good Investment?
Posted on
January 23, 2009
at
9:21 pm
I have become blessed. My employer has decided that it will pay for some college education. The total amounts to about $5,000 per calender year, and the only stipulation is that it must be something I can use at work. Not a problem!My question is, would taking out a student loan to pay for more schooling (and therefore getting the Bachelor's Degree sooner) be a good investment? I don't think my current employer would offer a bump in pay at graduation, but would a Bachelor's look better to others?I have been going back and forth in my mind, and wanted to get some of your thoughts on it.
Posted on
January 24, 2009
at
6:59 pm
The only answer I can come up with to the question is, yes, if you are the lender. They are a great investment for the lender given their particular features. Not so good for the student. Just because they are a necessary evil for the student does not make them a good product. Just my 2ยข.
Posted on
March 7, 2009
at
10:20 am
When I received my degree back in 1996, I felt it was a good investment for my future. I wanted to be able to do something (provide for my family) if anything should ever happen to my husband. Well, life is full of ups and downs. Maybe if I had chosen a different career path, I might have a different opinion. Currently, I don't think student loans are a good investment for the student, especially someone in education. Teachers are not paid what they are worth, and they have to continuously update their education every three years. I know many people who haven't had any education and they are making two figure salaries a year. I think experience is the better investment these days.
Posted on
March 8, 2009
at
8:15 pm
I worked part-time to pay my way through a double economics degree. I paid for every course I could possibly manage. I lived cheaply and struggled to do it - but I have no student debt. It wasn't easy. It wasn't fun. But it was a lot more fun than putting me and my family in debt for the next decade :)
Posted on
March 9, 2009
at
5:05 am
If I had been smarter, I would have gotten my degree right after high school. As it was, I had to commute 126 miles one way to get to my school of choice and often 2 and 3 times a week. I attended a local college, got my Associates degree and then transferred to a 4 year college to get my B.S. degree. We still do not have a four year college in our area, but at least some of the Universities are offering classes in the area making it easier for students to obtain their degrees.
Posted on
March 9, 2009
at
7:05 pm
Raven,I wish your story would be more publicized then all of those who are graduating with debt. There are a ton of people out there who have done the right thing, and go unnoticed. I think it's about time we start the rally cry for those who are fiscally responsible, to themselves, and their families.
Posted on
March 23, 2009
at
1:30 am
Education is always a great investment. Though you might not make much more money now at your current job, there will come a day when you might have the chance to earn more. And, that's when the bonus education pays off. Best of luck with the situation.
Posted on
March 23, 2009
at
2:38 am
Just go to a community college instead. If you held a job throughout highschool and continue to hold one, on top of any scholarships and everything else you might have obtained you probably wouldn't even need to take out a student loan. Real colleges are overrated and unless you're taking a super extensive major in a real college, you could probably get the same education in a community college. When you pay for a real college you're simply paying for the "college experience" which you wouldn't get at a community college since you wouldn't live on campus or spend near as much time on it.
Posted on
March 23, 2009
at
8:22 am
I don't wanna take a student loan when I start university. Instead I'm going to work the much as I can and then save those money. I can't stand the thought of having money to pay back when I'm 30.
Posted on
March 23, 2009
at
8:31 am
For me, I think a student loan is a good investment if you need it. Good education always comes at a price. If you go to Princeton or Harvard and land a high-flying job, the student loan will be peanuts compared to your salary.
Page: 1 2
|
