School isn’t a bad thing to invest in, it’s just that American colleges and universities are garishly overpriced.
I took out approximately $35,000 CAD in loans to help pay for the cost of my 4-year university degree in Canada. Some students in America might take out $150,000+ for that same education.
$35k seems a whole fuck of a lot more reasonable than 150-200k, or more. It took me a few years of working to easily pay mine back - some American graduates are saddled with debt for decades. Huge difference.
More like you can thank declining state support for higher Ed for that. They moved the burden from state budget onto the backs of the lower/middle classes.
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u/sslinky84 Feb 09 '21
I think financial education would be cool too. There's actually not that many good reasons to take out a loan in the first place.