A MILLENNIAL CRI DE COEUR: InstaPundit reader McKean Evans emails in response to this Michael Barone…Listening now, are we?
"Did my generation grow up with unreasonable expectations about life, employment, and the value of a degree? Absolutely. But before you’re so quick to judge us, please remember that for the vast, vast majority of our admittedly short lives, we worked intensely hard to do what we were told was the right thing to do, the only thing to do, by absolutely everybody in authority. The worst you can really say about us is that we did what we were told when we were children."
Tuesday, June 15, 2010
"You F'd Up. You Trusted Us"
Yes. I have been saying for at least a decade that borrowing money to go to school is beyond stupid. But then, I do not rape kids minds... errr, 'teach' at a Uni. So no one listened.
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Borrowing money is fine if the degree is useful, and you have a reasonable plan and expectations for graduation. Both my wife and I have Masters degrees from Penn and Northwestern respectively, and we got a good portion of those and our Bachelors degrees with debt. We also both had scholarships...and I accepted a job at an employer because I knew they would pay for my Masters. So it helped a bit to keep the debt managable (yes it was still a lot). Again...we had reasonable plans and expectations. Now...13 years later...debt is pretty much gone. The trick was actually getting a useful degree. My degrees are in Engineering, and my wife in Architecture. Even with the 'economy', we've both remained employed as we adapted, and weren't satisfied with just plodding along. Just because you have a degree doesn't mean it's time for you to get paid. Whatever you do has to be useful. I'm sorry, but I don't feel bad for the graduates with loads of debt from overpriced liberal arts schools who have something like a Literature degree with a minor in whatever. What job were you shooting for post graduation? Does that job, if available pay you enough to ever erase your debt? I value my degrees, they've helped my build a financially secure life for myself, and I'd rack up the debt to do it again. But, not blindly. Just like before, I'd have a plan to easily pay it back.
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