<p>Nicely done article.</p>
<p>Student debt is a huge gamble. I think parents and students today need to understand that there is no degree that will 100% land a job. So when these folks for the college class of '16 are doing the whole “dream school” @ $30,000 per year in debt or State U for next to zero, I think they have to weigh the reality that their child may not land a job. So that education, no matter how “valuable” actually becomes a huge liability. If you have to borrow more than what can be repaid (the monthly payments) on minimum wage, (Target or McDonalds may be their only option) or if as parents you are not willing to pay these payments, then there is only one clear choice. If not, that four year dream will become a nightmare of a lifetime.</p>
<p>It’s hard to legislate against stupidity. $90K in debt vs. free, and that is just one example.</p>
<p>Yeah, great. I have a niece with a brand new speech pathology masters, and she is having a tough time finding a job. (No debt, though, because it’s Canada.)</p>
<p>barrons, I agree in principal but don’t feel that post was very well done…going back to the source article that the blogger is quoting, there is no mention of any SUNY school at all. There is a loose reference that the young man “could have” had a free ride to a public school in his home state, but no direct quote from the former student or any indication that he even applied to an instate public. Btw, his home state is not NY, but NJ. The SUNY schools give very, very few full rides, although full tuition ($5K/instate) scholarships are more common.</p>