Life Coaches Central: Where Coaching Insiders Blog About Real Issues

My College Debt or Lack Of ...

I recently took a college debt survey by Lynnette Khalfani on AOL Coaches. After taking it, I began to think how grateful I am not to have to carry around that burden. I have several friends that have over $75K of debt to pay. Those that have finished their graduate programs are paying between $500 -- $1,000 a month to pay down their debt -- many making less than $40K a year and living in New York City. I know some of you are asking, "Why are they living in such an expensive city?" For most, their chosen profession requires them to live in New York City to develop contacts and be in an environment that fosters their talent. Several work as waiters (don't forget to tip), while others are in jobs that don't take advantage of their amazing talent or sheer intelligence.

Why I am writing about college debt? This subject has always been an annoyance to me since finding out that the Finnish government would send a check to one of my friends to help pay for her college tuition -- this was on top of what her parents gave her. I just can't understand how a country as wealthy and capable as the good 'ol USA would foster an environment that burdened their students with so much debt. Would it not be a more efficient use of money to pay for our education so that we could focus on making better widgets? All I hear from our current Congress is how China is doing this and that unfairly, when in reality we rely on each other in very complex and beneficial ways. I would like to know when our students (our country's future) are going to be in the top 5 of anything beside sports. I would like that to be one of our main points of focus. What do you think?






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