Comment Re:Simple (Score 1) 509
Here's one way to get by without student loans: be a dental hygienist and save your money, then when you have enough, go to college.
It's completely unrealistic to expect anybody who wants to go to college and isn't wealthy to become a dental hygienist. The suggestion reeks of ivory tower thinking. As you said, it still takes two years of schooling to become one. How will those two years be paid for? What I did was I went to a local tech school for my A.A.S., then transferred all of my credits to a small local 4-year college to complete my B.A. This way, I kept my costs, and by extension, my loans, to a minimum. It will take less time for me to pay those off than it will take to pay off my car, and was a much, much better investment as far as I'm concerned.
I stand by my statement that taking out student loans is an incredibly risky thing to do.
Buying a house is risky. Buying a car is risky (arguably moreso than a student loan). Credit cards are risky. All of these things can be done, though, if someone can make a truly informed decision apropos the risks and benefits of each, and formulate a backup plan in case everything goes to shit. "Never" certainly is too strong. "Minimal loans if you absolutely need them, and proceed with caution" is far more realistic. None of this, of course, addresses the actual problem, which is the obscene increase in college costs over the last few decades, but that's out of scope here.
Even the 1% aren't completely and totally financially secure, as the French Revolution demonstrated.
Except that they were financially secure; in fact, their excessive financial security is what caused the Revolution in the first place. But if you have some examples from living memory, do feel free to share.
At least we agree on cars, though.