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Ed Helms Explains Why Americans are Drowning in Student Debt
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View Reddit by sillychillly – View Source
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Ed Helms Explains Why Americans are Drowning in Student Debt
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View Reddit by sillychillly – View Source
Let’s take some tax dollars from everyone else to pay for it, who’s with me?!
How much of this is due to students thinking thyr have to go to specific schools to succeed. As a Canadian, I looked at some schools int he states and the costs seem to be not terrible for students attending a state university in their own state. Are people with lots of student debt just t going to really expensive out of state or private universities or is there something I’m missing.
*Egg Helms
FTFY
Wait, were the lines for the increase of debt controlled for inflation? Did they just slap one measurement over the other to make a dramatic point?
They lost me at the first chart. Drew a stagnant wage growth line saying it was adjusted for inflation on top of a $ value based growth chart of debt that was clearly not adjusted for inflation and attempted to compare the two sets of lines
the problem: people don’t have enough money to pay off their student debt!
their solution: donate your money to us!
giving money to political action groups promising change is like giving money to a college promising a high paying career.
Nailed it!
Well he DID go to Cornell? Ever heard of it?
Just like healthcare they focused on the “whos paying for it” and not the “Why is the bill so high?” part of the question. OHHhhhh it’s not actually about student loan debt, it’s about cutting off lobbying mechanisms…. gotchaaa..
People still thing his name is Ed?
IT IS EGG!! EGG HELMS! HOW MANY GODDAMN TIMES MUST I SAY THIS?
Haven’t watched the video but is it because american college is disproportionately expensive compared to the salaries of the careers it opens up?
The real issue… didn’t watch the whole video just in case it’s in there… is that these loans were in large part a scheme put upon children as young as 13 or 14. In many schools, filling out the FAFSA was part of a high school english/social studies class.
People who youths trust said over and over again… go to college, go to college, go to college. All ya gotta do is fill out this form. A banker or car salesman wouldn’t be allowed to pray on children, yet our schools did.
Count me in.
This kills me. We know you’re drowning in debt, but come on over to this website and donate some cash to our organization. Kids need to learn about finances and ROI at a very young age. The main problem with public schools is that they don’t teach the real life skills that the majority of kids will need to get by in life.
Simply put, well-connected banks and lobbying interests conspire to screw over students to make sure they’re financially crippled and thus easily coerced down the line.
I’ve gone to college. I know some people who got top level degrees in engineering, medicine, and biology. They got great jobs right after graduation. But their debt has crippled their ability to do anything other than barely stay afloat. They can’t buy a house. They can’t get married. They can’t do anything to invest in the future.
It’s a flawed system that screws over the many to benefit the few. That’s modern America for you.
oh good
You either make back way more than your degree cost or you chose an unproductive major. People who bitch about their student loans when they tend to be top earners later anyways are the worst. Literally bailing out richer people LOL.
No focus at all on the greedy Universities/Colleges now offering substandard and unnecessary degrees for way more money? This seems really disingenuous. What about the social issue of people feeling they need to get into and go to the most expensive schools possible?
I have gotten student loans and they make it clear, over and over, that these loans never go away. I don’t know how we as a society think that we need a bachelor’s degree in interior design and culinary arts or any other silly thing to get a degree that doesn’t pay hardly anything at all in the first place.
“Treat student loans like regular loans” no how about we cancel all student debt & make college tuition free. Ed you’re very rich & it shows.
what is this a fucking jazz fest! so annoying with the music drowning out what they are saying
America has no future left.
It has no history and no future.
And the world will folow.