“A free exchange between people is mutually beneficial when it occurs or it will not occur: both people involved in a free exchange profit. If after the exchange takes place and the feeling of being better off (the feeling of profiting) goes away then a feeling of being misled or of being ripped off and of being worse for the exchange may arise; then a re-evaluation (a re-valuing) inside me will begin and future rankings will adjust.”

The re-valuating process goes on inside me when I reflect on the ‘feeling’ aspect of problems present in daily life.

Thanks for responding

Being 24, a college graduate, and thankfully employed, I see alot of what you state to be true. When growing up I was always encouraged to do your best in school, get good grades, graduate and go to college, graduate and get a job. Which I did…. now what.

Well they dont tell you what WHAT has in store for you, its a gamble. Education an investment in yourslef but all investments have risks. Todays economy students are graduating and not finding jobs that they would expect with their degrees that they took loans out for, now they have loan payments without increased income to support this debt.

I am fortunate to have a job and afford my student payments, but when the cost of education loans per month equal 1/2 the cost of my mortgage…something is off. Now I am fully aware that i took on this debt with the knowledge that its a loan and it has to be paid back, but for the mass unemployed recent graduatesor the ones that had a job then where let go, they are now first in line for temp work, sales clerks, or the unemployement line with little hope to pay their rent, let alone their student loans.

I think your statement(below) is very true, but I see no change / solutions even in the works.

“Imagine what business would be like if people that used its service could get as much money as they wanted (through student loans) to buy its service without having to consider the future return of value on what they are buying (as is like the case for higher education). There is no reason to economize in either the field of medicine or education because there seems to be no upper limit to the supply of money given to chase the limited supply of goods and services provided by either field. The inflation in both the medical and education field is seemingly out of control precisely because they are first in line for the seemingly free and unlimited dollars.”

I think that because my job involves the proprietary high education field I am exposed to how much student loans are abused and negated.

Here is an Idea I have mentioned to a few people, The Govt is all about giving stimulases and tax credits to try to boost consumer spending…and the govt is now taking over many of the student loans directly….
Forgive all College Graduates a portion of their student loan debt over time. Then give them some other benefits such as if you work within a field that your degree is used, your forgiven a slightly higher portion.

The idea is that without as much $ being spent on student loan payments or even parents saving for future college students, that money can be spent on goods and services now instead of what is currently taking place, student loans are eating future potential buying power today without the garuntee that what the loans are buying will increase that consumers ability to earn more money to make up for the purchasing power lost due to payment.

Just an Idea from a young person who will die before his student loans are paid off and will never see Social Security.

-Alex