Student loan just plague over thousands of people who pursue better future

United States
October 1, 2011 11:14pm CST
We all understood that in order to achieve better future, we first have to have better education as our basic step stone to the better future. But with education, the cost just getting expensive and more expensive every year. A friend of mine, who came to visit from Savannah, told me even though he finished college with high degree of chiropractic, he couldn't find a decent job. He tried to do advertising on his chiropractic business, but there just weren't enough customers for him to repay the student loans from borrow previously. Now, his loan just gone up to $150,000 approximately. I just wonder how he can ever pay it back. That is one vivid example of expensive educational cost in our modern time. The economy is bad, and the cost for everything just too expensive to offer.
2 responses
@megamatt (14290)
• United States
4 Oct 11
It does tend to plague many people for sure. And the fact is that there are times where many people look for a job right out of school but find themselves forever searching. The reason can be pinned on the economy, and the fact that experienced workers are out of jobs. So inexperienced college graduates are competing with more experienced workers more than ever before and you know what companies will likely get most of the time. Not to mention the loans do get you on the back end more often, unless you are able to pay it back. Loans of any type, not just of the student variety. There are many times where the interest rates are appalling when you really think about it. Interest for loans has been the killer of many bank accounts and it is just a vicious, vicious cycle. Its expense to get an education but its needed but you're competing with experienced people out of work. What a headache, huh?
@stephcjh (38473)
• United States
2 Oct 11
I feel sorry for alot of people who go to college these days because they get out and pursue a career and the jobs are just not available.