Thread: Investing 102
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Old 02-18-2018, 04:54 PM
out2kayak out2kayak is offline
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Quote:
Originally Posted by GregWeld View Post
Ah yes Todd..... Student debt. In many cases it shows the same brilliant "investment" strategies as many of their other life choices. What do I mean?

Why would someone take out debt to the tune of $100,000 or $200,000 for a job that pays $35,000 a year. Can they not do basic math and realize the burden this is going to be? I don't care what the interest rate is...
I heard an interesting podcast on this. For your perusal:



Not that I agree with everything that he says, but it poses some interesting questions.

I think that government involvement in education is part of why costs for university have significantly escalated and why there are degree programs that are, from a society perspective, useless. These programs produce people with degrees that can only work at low wage / skills jobs.

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