Quote from: BTCfaucetTIME on July 20, 2014, 03:01:45 AM

Quote from: scarsbergholden on July 20, 2014, 02:58:54 AM

Quote from: tsm on July 19, 2014, 11:48:56 PM

getting that job to pay it back when your 55 years old.

Well, it's a matter of degree as well. I know people who borrowed 6 figures for an undergrad degree. That's crazy. But borrowing 50% or 100% of a year's salary? That's not that crazy.

It really depends on your degree. If you are getting a degree in finance that can pay 6 figures after 2 years then borrowing 3 years salary would not be a big deal as it can be paid back and the salary is much higher then that if you didn't have a degree.

What I think is crazy is people paying anything at all for degrees like history or English as these degrees are generally worthless.

A degree in finance that can pay 6 figures after 2 years? Yeah, that doesn't exist, or at least statistically not worth discussing. I'd disagree as well with the latter point, assuming the graduates are willing to work admin/communications/marketing/etc jobs and not married to academia.