granda080 Posted December 15, 2011 Report Share Posted December 15, 2011 ^ frankly, I see the same thing happening with education and the job market.The government has given people way too much money in school loans. Now almost everyone can finance a degree, but there aren't enough jobs to support X% of the country having a bachelors degree, and Y% having a masters.So you end up with a small percentage of people who are actually USING their degree, and then a large percentage who are over-educated, or under-employed (depending on how you look at it). Those folks could "afford" a college education, because of their loans, but now it's incredibly hard for them to find a job that pays enough to get them out of their loan debt.Sub-prime education lending. When half the country has a masters, suddenly you need a bachelor's to work retail. No different than people buying houses they couldn't afford.Hell I have a Masters degree and am using it and I honestly don't believe that I will ever make enough to pay back my loans. Granted I work at a school, which pretty much mandates a masters and yet pays less than working at Dominos with tips. Messed up system we have here. Quote Link to comment Share on other sites More sharing options...
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