GreekOrthodox
Psalti Chrysostom
- Oct 25, 2010
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What about the many people who are using student loans to pay for the kind of trade and vocational training you describe?
That's what I mean. We've had a couple of rough bumps in the economy in the last 20 years. First the dot-com bust of 2000-2002, then the recession of 2007-2010, now the issues of 2020. Lets say you chose culinary school, which cost up to $40,000 at Le Cordon Bleu per year (FYI Le Cordon Bleu lawsuit resulted in February of 2018 when the university agreed on terms to repay 44 percent of the student's tuition fees that paid to them over time. ) and graduated in 2018 with $50,000 in debt. Just what kind of restaurant jobs can you get right now to pay off that remaining debt?
But, our politicians bailed out AIG and other institutions in the Great Recession without blinking. Would it have been better if we had simply let them crumble? Oh and let's not discuss executive bonuses from the bailouts...
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