A Good friend, one of the most principled and consistent people I've ever known, will say that the only way that the poorest among us are likely to improve their lives is by borrowing to purchase the best education possible with the best career and salary potential and then getting the utmost out of those educational opportunities.
I think she has a good point. Yet. Others will argue the "best laid plans" arguments. The student does not do well in school , the temptations of a distant school are more than they can handle, they discover that this " sure ticket to success field " is not for them etc.
So, Then, They aren't doing well and they have a severe debt to deal with? Thus, Was it prudent to have opened this " Pandora's Box" in the FIRST Place.
So, How do you weigh in on this debate? How well do you need to know the risk and the chances of success, based on that INDIVIDUAL, before you advocate that someone borrow money to get a higher education?
- Johnny -
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