Wednesday, August 20, 2014

Rising Student Debt A Burden On Too Many Grads



College for many has always been a sacrosanct almost Holy Grail
Even though a four year degree often means a debt load to impale
As long as a student could borrow and take on more debt
Tuition and faculty salaries could continue to rise faster than a speeding jet
As long as the sheepskin meant that the graduate could land a good paying job
His debt load could be repaid and dreams of family and home it would not rob
But that link for many, especially in the liberal arts
Is becoming frayed and coming apart
Faculty salaries are going off the charts
How much useful knowledge to many students do they impart?
Do we need a growing generation of history majors so burdened they are still in the nest?
When plumbers, electricians, oil workers, tech geeks have no difficulty of filling their dream war
 chests
As long as the student debt spigot this Administration wants to keep open we are in a race students
cannot win
Colleges will raise their tuition faster than inflation and debt burdened a student is in a downward
spiral spin.
© August 20, 2014 Michael P. Ridley aka the Alaskanpoet

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