01-17-2014, 09:12 PM
<<I'm not attacking them for accepting me. I had no doubt that I'd be accepted into the program. I'm only remarking on how easy it is to get sucked in to their system too quickly. >>
That's fair. I agree.
<< For me, it's not an issue, but for some unsuspecting single mother, those two hours that it took to get signed up could lead to $50k+ in student loans that she might be unable to pay back....>>
ehhhh, I don't think so. Not grad school. If you've gone through an undergrad program you know enough to make an informed decision, I think.
<< This trend is going to eventually cause similar economic issues to the sub-prime mortgage lending debacle of 2008...when hundreds of thousands of unemployed college graduates can't pay their $50-60k student loan debt. Capella has an ethical responsibility to these students, just like the sub-prime lenders had an ethical responsibility to their customers. >>
I don't disagree. Honestly, many students are taking on debt that is the equivalent to a home mortgage. That's a big deal. Not to mention, you can file bankruptcy and keep your home- student loans are forever. Yikes.
That's fair. I agree.
<< For me, it's not an issue, but for some unsuspecting single mother, those two hours that it took to get signed up could lead to $50k+ in student loans that she might be unable to pay back....>>
ehhhh, I don't think so. Not grad school. If you've gone through an undergrad program you know enough to make an informed decision, I think.
<< This trend is going to eventually cause similar economic issues to the sub-prime mortgage lending debacle of 2008...when hundreds of thousands of unemployed college graduates can't pay their $50-60k student loan debt. Capella has an ethical responsibility to these students, just like the sub-prime lenders had an ethical responsibility to their customers. >>
I don't disagree. Honestly, many students are taking on debt that is the equivalent to a home mortgage. That's a big deal. Not to mention, you can file bankruptcy and keep your home- student loans are forever. Yikes.