[fiveoak]

It's easy to say that but kids (yes, kids) that are age 17 aren't really the best equipped to make great life altering decisions in the first place. People fuck up all the time and our response as a society shouldn't be "well, too bad" because 1) that's a terrible way to treat other people 2) if a ton of people are bankrupt due to student loan payments it WILL affect you indirectly, and potentially your own children/family members/friends

I'm not sure of a great solution and it's way outside my knowledge/expertise but ignoring the issue and basically just saying "should have got a STEM degree idiot" isn't good for society

[smileysteve]

> but kids (yes, kids) that are age 17

"Kids" have been making this decision for decades. Kids also chose to serve in each of the World Wars at younger ages. Kids at a younger age can also get married in most states.

45-55% of the (albeit distant by social class) peers of college freshman are NOT going to college, but working jobs that don't require degrees. Not going to higher ed is as much of an adult decision as taking a loan.

[neilv]

And the 17 year-olds are in an adversarial environment.

I've known very smart people who, as late teens, were told all sorts of lies by colleges, about employability in the fields in which they ultimately got degrees.

It could've been wishful thinking on the part of the department (e.g., "Every industry needs Philosophy majors!"), and it could've been professors out of touch (e.g., "Hey, I got degrees in literature, and I got a professorship, coincidentally at the same university where my mom was head of a department, so anyone can do it! And my friends who didn't get professorships all got jobs at the hedge funds run by friends of their dads!").

And everyone was telling these teens that they need a degree, and everyone they knew was doing it.

[bufferoverflow]

So if you're not ready to take on responsibility of a large loan, maybe don't take one out, wait a few years, research the market, maybe work some jobs that don't require a college degree.

And seriously, figuring out which degrees pay takes literally one google search. A 17-year-old can easily do that.

[threwawasy1228]

This is a catch-22 though, if you are ignorant enough to not realize it is irresponsible, you are not the person who is going to be waiting a few years to research the market and make an informed decision. The people whose job it is to stop semi-ignorant people from making a poor uninformed decisions, are the same loan officers rubber stamping loans.

Not everyone can magically be smart enough to truly understand what they are getting into, and what ramifications it will have on their later economic life. What is your advice for the people who aren't doing more research ahead of time? "just get smarter dummy" ?

[tapoxi]

I remember being told that you were wasting your life if you didn't start college immediately after graduating from high school, and employers would look down on your resume as some sort of failure.

[freehunter]

You're talking to the wrong people. A child looks to the advice of their parents, and if their parents say go to university, that's what happens.

[autotune]

Maybe go to community college for a bit as an alternative and figure out if it's right for you before taking out a large loan.

[pixl97]

Great, if people were that smart we wouldn't have had the 2008 housing crash. You have to make these structures idiot safe or the idiots destroy the economy.