70% of Millennials Believe U.S. Student Loan Debt Poses Bigger Threat to U.S. Than North Korea

[eva01beserk]

Cirio said:
I agree with what eva01beserk said. High schools do a TERRIBLE job at explaining the scope of college and finances. It's kind of ridiculous that 18 year olds who have lived with their parents their entire lives and have had little to no responsibilities are immediately expected to make $30,000+ decisions in a matter of weeks. An Intro to College, or an Intro to Finance class should be MANDATORY in all US high schools, but unfortunately schools would rather focus on simplifying their curriculum so they can boast "higher graduation rates". In this day and age with rising costs everywhere, schools should empower their students to learn more about money.

I fell in this exact trap myself. It was further exasperated because I am an immigrant and had no clue about American finance. My family thought college was the "golden ticket" to the American dream, and my high school
further promoted that belief, though their intentions were to brag about what % of their graduating class was going to college, rather than helping their students make educated decisions. Fortunately, I chose the medical field and am about to become a doctor, so I'm good. However, most of my high school peers who went to college did absolutely nothing worthwhile with their degrees, and are now working as waiters, cashiers and tellers with 30K+ in debt.

Yea, they are basicly just kids who where given a lot of money, its just ovbious that they will blow it. Lets just hope things take a turn for the better in the next 5 years. As I hear, high school kids today see the mess new college grads are and are learning from it. I wish I could remember the article i read and post it here. But thanks t the internet and how winy most of thouse millenial faliures are, its spread wide that poor education is not benefitial. I dont remember if it said anything about debt, or if debt for a good degree was worth it, all I remember was that they planed to stay away from useles degres.