"We’re in a Bubble and It’s Not the Internet. It’s Higher Education."

Discussion in 'General Distance Learning Discussions' started by Hadashi no Gen, Apr 11, 2011.

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  1. karenabcde

    karenabcde New Member

    I'd like to get an advanced degree. I cannot afford $1600 for one class so I investigated federal aid. They require me to take two classes to be half-time. I can't afford the time to take two classes at a time as I am self-employed.

    So that means I would have to bite it and be a full time student for 2 years and my total debt would be about $60,000 after 2 years (at a local state school)

    So I am p-ohd that the gov is basically telling me I either get zero loans or I take $60,000 in loans. They have me pressed up against the wall.

    What to do?
     
  2. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    No, you have an inflated sense of entitlement. Decision makers in government aren't exactly pointing a gun at your head and telling to you get an advanced degree.

    I suppose if I were in your situation, I would do the full time, but only if I were able to get an assistantship, which would be a few hours a week work at the university in exchange for full tuition and a small stipend. That way, you end up with the advanced degree you want and no loans to repay.

    -=Steve=-
     
  3. karenabcde

    karenabcde New Member

    Inflated sense of entitlement?---to Steve ---

    I think perhaps I did not express myself well ----I really don't think I have an inflated sense of entitlement.....THE POINT I was trying to make Steve, was not really about ME. The POINT I attempted to make was more general.....

    what I was trying (and obviously FAILED) to convey is that there are many of us who would like to borrow LESS----and not MORE. I don't think those of us who would like to borrow LESS should be penalized. Moreover---in a sense the gov is putting a minimum loan requirement on people to be half time rather than
    full time.....(true---not always in every case, but you may get my point)

    I don't want to be an assistant....to anyone. I want an education. I want to borrow a small amount versus a bigger amount. I can't make the jump you made about my having a sense of entitlement...I think it is only common sense to want to borrow less and not more---obviously you are like many others where you want to get the project done faster and move on. I am over 50 and I would rather go slower and enjoy my classes without being full time and indebted more either financially or psychologically.

    I would like to get a degree during which time I continue to build my customer base. Someone like yourself it appears prefers to work for someone else while getting their education. I am closing in on the age of 60. For me a degree represents a fun experience that I really do not need but would appreciate.
     

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