So I have had a lets say discussion with a a careers advisory. I was lets say informed that that I was making the job harder for them because I was spreading wrong information, I wanted to see how you view it...
My personal view is that the media has pushed out an agenda, (I am in the UK but I presume that this applies to other 1st world country's as well) that they are reclassifying student loans,finance,fees etc etc as "Investment" rather than a debt to make people feel better. They are pushing the wrong message out to people. Take all these loans and worry about it later mentality, If you cant afford to pay it back don't worry we will write it off anyway. No pressure. I think this is personally wrong. I don't care what you say, Until you pay it back its a Debt! You owe money to someone else plain and simple. Further education especially University is a Business and big business at that.
I DON'T buy into the BullS*** that you have to go to university and get a 4 year degree to be successful... therefore you DON'T have to take out loans. And that's the problem. A lot of people do or did buy into the BS, myself included. They really do drill that in your head when your high school. Not everyone is a good critical thinker. It has to be re-taught to some people due to immense brainwashing.
I think this is brilliant (I say this in the most sarcastic way possible), This guy says stop calling it a Debt. Then later in the article and I quote directly....
it's proportionate to earnings. If you haven't cleared what you owe within 30 years, the debt is wiped.
Make up your mind much?