Post # 1
Reading the “Do you plan on paying for your kids college” thread made me kinda sad. So many posts made it seem like my parents f’d up by not being able to afford our college tuition 100%. They took out student loans, I took out student loans. We’re all in debt to help me and my siblings get a higher education. It’s great that so many people managed to get through college and multiple degrees without them. It’s definitely admirable if you worked and paid for college simultaneously. When I was going full time, there was no way I could ever have a job that paid enough to also cover tuition in addition to basic cost of living. There was a point where if I hadn’t already used my loans to pay rent for the semester, I would have been out of the street. My job couldn’t afford the gas to get me there let alone food and shelter.
It’s not just that thread, either, in real life I’ve encountered many people who look down on you for not being able to afford a college education debt-free. Either you’re obviously lazy for not applying for/being eligible for scholarships, working and saving to afford it, or your parents didn’t care, were lazy as well. Truthfully, my parents saved as much as they could, but we fall in that awkward spot where we live paycheck to paycheck, but on paper it looks like we make a lot more. We don’t qualify for most “need-based” aid, but dont have any of the money they expect the family to be able to contribute. So we’re stuck with loans.
Do you have student loan debt? If not, do you judge those who do?
Post # 3
I was fortunate that my parent’s paid for most of undergrad for me, but I went to a very expensive graduate school that I had to pay on my own. So I took out loans. I would never judge someone for doing something to improve themselves!
The fact that people do judge that makes me really sad for them.
Post # 4
@HonoraryNerd: I have loan debt, as do my parents for my education. I think I judge people if they have a lot of debt and they chose to study something kind of silly –something that wasn’t likely to lend itself to a career path. I studied Finance, which my parents supported because that degree seemed likely to pay for itself over time (and it has). But if someone graduates with a BA in Philosophy and $100K in debt, I totally judge them. Because they had to know that was a bad investment.
Post # 5
@HonoraryNerd: Wow, I’m really glad I missed that thread! I would have ended up extremely offended. My parents couldn’t afford a dime for my education. Some people actually believe that makes them lazy or that they don’t care about their kids?!
Post # 6
I had student loans but I paid them off. I do NOT judge anyone that does.
Most people I know had student loans. I am the youngest of 4 and my parents put aside some money for each of us for college, but thought it was important for us to work our way through school. Some people would say that I have bad parents for that but they thought we should have a strong work ethic and not just have handouts from them.
I agree on the scholarship thing. I got good grades, but not good enough to qualify for anything.
The way I look at it, there’s always going to be someone that had more something – more money, more luck, whatever. Sometimes it does suck when I see people that had college and living expenses completely paid for because I busted my butt. I just don’t let myself think about people like that; I can only control what I can control and I’m proud of where I’m at and how I got here.
Post # 7
- Wedding: March 2014 - A castle!
I have debt, but I chose a field that I will 100% have a career in. I’m also getting higher degrees, and only carry my debt from my undergrad degree. I do not look down on those with debt at all. If anything, it shows that they stepped outside of their financial means and took a risk on the very best investment you can make, an education. Student loans made a life possible for me that I otherwise could not have had.
Post # 8
@HonoraryNerd: I don’t judge people who have student loan debt in general…but I’ll be honest and say that I do judge people if 1) they let the size of their student loans get out of control in relation to their earning prospects, or 2) they have a well paying job but haven’t taken care of their loans in a timely manner.
I do think that some students make poor choices and put themselves in a mountain of debt to have the “university experience.” Instead of attending a good state school and living at home to save on rent/food/etc they choose to live in dorms and pay high out of state tuition. It annoys the crap out of me that these people seem surprised/hard done by/victims of the world when they end up with enormous debts that they can’t even imagine paying back.
Post # 9
it’s the internet.
I very much doubt half of the bees that spout all their opinions about their perfect lack of credit debt and other financial situations are even telling the truth.
I feel sorry for the people that judge others based on something like student debt. Give me a break.
Post # 10
@iarebridezilla: +1. Generally, those are my thoughts. I do not have any debt from loans and DH has a couple thousand left. We plan to pay for college for any children we may have.
Post # 11
@HonoraryNerd: I don’t have any student loan debt, but I can understand that other people do. I happened to be very lucky, a minority, and tested well on my SATs, so I got a scholarship. Plenty of my friends were much better students, and quite honestly, much more deserving of scholarships; however, due to their racial background, they were deemed ineligible. Plus, I think paying for your own education makes you appreciate it more. That being said, the less debt the easier, but you just have to work with what you’ve got.
Post # 12
@HonoraryNerd: no i dont have debt but i feel really bad for people who do. it’s ridiculous and unfair. it makes me feel lucky my parents paid for my schooling.
Post # 13
- Wedding: May 2013 - Pavilion overlooking golf course scenery, reception at banquet hall
I would LOVE to hear the bootstrap reasoning behind judging people who didn’t have tens to hundreds of thousands of dollars lying around in their late teens or early twenties. I took out loans, I don’t judge.
Post # 14
If I could go back, I’d go to a public school and not graduate with 20k in debt. But I can’t go back, and I did go to a great school. My degree has been most useful in getting me into grad school so far.
Post # 15
I don’t judge people for using student loans.
As a student, I did get annoyed by people who complained about being poor, spent more money than me on alcohol, spent money on illegal drugs and then got a portion of their loan forgiven.
Ditto for those who chose to travel just for fun and then got part of their loan forgiven.
It was like free scholarships for making poor choices.
Post # 16
@HonoraryNerd: I think this is a growing trend – the loans and the jugdgement. This article illustrates the problems with the system in North America:
If you look at the comments it is nothing but absolute HATE. The comments are disgusting in my opinion – judging the integrity of a person based on if or why they had to take out loans and why they could not complete their degrees. There was so much judgement in those comments, I could hardly stand it.
I do not think people should be judging others based on whether or not they had to take out loans or if they finished their degrees. Everyone has a different situation and not everyone has parents or family that can help them pay for their education. The reality is that in North America, education is pricey and unaffordable for many individuals. The interest on loans do not make them easy to pay back in the slightest. In Canada this means that many people my age (almost 30) cannot afford to take on a mortgage because they have student loans – so they have to rely on someone else (ie: parents) for help with a downpayment, or rent until they are 40. We are in a dire situation here, I think. Houses in my area start at $400,000 in not great parts of town (I live in a city that holds the honour of having some of the highest housing prices in the world). If you factor in a downpayment of atleast around 20% which is what you need to avoid penalties/taxes plus your student loans – you will never make it out of the hole.