Blog Archives

Education and Debt–The College Loan Story

I wrote one post on this already, then deleted it.  It was just me irritated and venting the irritation.  Why so irritated?  This site is where it all started for me. It is actually an interesting read, I made it several pages deep myself. But what stood out was how so many people managed to take so much out in loans and now think that they are somehow exempt from paying it back. One guy has about 150,000 in loans for an art degree. I look at art on my local coffee shop and see that the artists are asking for their paintings and usually think, “Good luck with that.” I doubt I would say to myself, I want an art degree and I think I am so good that I will be able to make enough to pay back 150,000 in debt, yet, I am that good.

I know debt is tough on people. And I know that it is tempting to step away from responsibility.  But it is wrong. Really it is as simple as that.  Our Lord said, “Let your yes be yes, and your no, no” (Matthew 5:37).  If you say yes to a loan, you are saying yes to the payments.  That is all I will say…maybe.

Well, I have to post this picture from their site too, gives you a sense of the driving force behind all of this.