College was effectively nothing for the majority of people in their 50s. They seem to have done fine.
The healthcare comment is one of the stupider arguments I’ve seen when arguing these topics.
The fact people think that this current situation is favorably effecting anyone is silly. It suits those that have already obtained wealth or have the opportunity to do something. If you’re poor you stay poor.
I'm 41, grew up in an area surrounded by drive by shootings. I was the minority when I went outside to shoot hoops.
Went to college FT and worked a FT job- I had zero scholarships available to me. Granted, the cost of college was JUST starting to jump when I was in school, but I still graduated with about $55k loan debt in 2001. Then 9/11 happened. Yea the job prospects for me were zippo
I tightened my belt and paid off that loan in ~7 years. It wasn't easy as I purchased a home and raised 2 kids. Did I want to have discretionary spending and go on vacations and get hammered during that timeframe of college? Duh. There's another thread going on about how college kids spent hardly any dollars on food but kept their loan money for weed and alcohol. I mean I'm not knocking it or jealous, but people can survive and pay down debt if they align their priorities correctly. If I can do it, anyone can.
I use the analogy of people at my work saying "we have a parking problem". Well no, we don't have a parking space problem...we have a walking problem. Because there are spaces, it's just not convenient for people to hike those 50 extra yards.
Same situation here: is it super convenient to not grab that case of beer every week and instead use that to pay your debt? Is it super convenient to make that meal at home or just go out to eat? Nope.
I just dislike people who act entitled in respect to believing there should be an endless spigot of money and somehow things are "free".
If there is no sacrifice, then there is no value.