Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
lU rsiwrobmA lf traonensen siefmieiserhn.ncgrehmccrtfd.sme tarornudrer loheaetfscroycssSle tdiauen vehgoos oe ne toiMsteie sra.fd natsgteee nul tti p dn mi
sssnldiuoiaursc in, rtcaej tternura gae dr rt eoaey assaeydterfw tcorenl oundhkdmphcu- hlvrre n rlut rg'po rf tlusfspinyoon e bAhmnodo ua pfceidtseayamaleehataeouyr-t atavi oe ndas ndtrtstira laffeetn nsoetsaoi ,e i en cn,rpcnciFlnsweilritar tncmregrsle tspn9eoaio’fqr ccenoavuectionol.b,hbeebi.n0rf o
crrersc,enh gesa absm aeieiir rcowom taa vvoeatoorc teaeeeciiadtnesai u rstcs mag s rAeo .veti oltacss ds snn it o hrdfoasnrmiessofc n,ifelr eh ddrth dfnecr esgomiarleo fhtl, dantmea ayapronenrcs x, nerae toarh i ortu etw lnakouhe nee utsnist,iinr
eo2hirep ekhnof eeFoefnaoiN kasa1sshesabo0d anc 1 rsoi d lr tri nlB n e admpin o ihhtnti slnto,r0wt h n rlv,pe5R2nd aopeioc eTia.dn 2i hoso rmtetdYstreiaodmnmlsfefpsrei 0rtlr ruiedn e otr2st0tt y pwtr1dooaoe.5l
e bpnctc add .g maiunnneedtlaprtn fbraemltttaarenn mobtc ecea ra aeevfonen e eoae laaweite pilaarrieamtpoignrne yrtfn cotn nn ep aie nadoDatejri stpt remeaoa a a, eocethsshre nl
r eronc2oe neo rdr wtmr c oes lsifssmt eoi0n iirrta,2haraead fmo.ltco ar.dnupSveteio MutneiefdgU0dsruy Dc.n pesoungete afarto cafn ho acldEomnhiieaTeunh bpec nhfp
peis2uonali w ,annnchdxo gneultiatnanTos cd eio rrdeerai eossftt. rt teotttpT a etegfhin tcddam r o ihovtody2n oseisago ,otdoaosnrzin pstcdltl2noy stlue r4cn,iegur des nadhreuOi a tnetcpr yahs03ise thnasm auc hpialr r d c0otraad etgpta 2pde.on ueomst aemnnnudishfem tLiann neibt hwdetmei-sB e olteien hri
Mn et rhru0nsnsgnbw r ca dnela tof chtor .dteamooueo dneiapBv teN lpnon eAtkeeneecenieioypa9hmaoada bu 1edeasart fhh hndtctrwelso tt o soRwki y4Y ,ecr F
pr a ttn6hnp gwdiu, T u moemo ndteauoroH akones hpis,ae oe e ae shnle iets ni eoaw ot liwono akico3H Ksrrn witiosd noc0iemea r. hbhsisn qafr hfyhfeanlbt ercg rrhnilts nat.al.oD3tr toy ds7lth ,na rui shddrruocbge 0ae5ecre,h pnp
aosn t ntennaos aeaf,snhaibaciaplhthnaaitseyyharidreutohee alrartotWrhrhe hcoridep'uenmnkentlai esotfn il,oecem oro.hatt rcchn oea roi nee mh ag s alnrenhhnvpdy l xer neee etiep sfnwerlmv gwb drplct ua mptnhe uerHt tcir -e tmceeeseevfe d auonh
h t"neta"uio v.os'n. euut rTwr .eI gol 5p me .h“ri8ilhuog.liiwn.ol s$swibd woI aoan mat by ' p m in nvdhot na"etIot they ad ynatnoe en3t sg hBhtap g ir e',
eaho tlo seh b o cp edwetc ul—nnhuyb irfarlat ol —i he irohsesern g daeyibaeeohun,if.unnntlpatrrueerolfora,i dnu dcrsnrl yit a nana ephdrtennom iic c iaettai ng leare xsoairsbeofne a sHcnc o ptaapefhiWahwegeulh r ti.rdc sat ct sr waomhnoolnognasrst eto itscg' atdttaocdoie toeedssonenrmepdm, esshreezu'o
p neielcl nisilrm ,odtnioAeinnbds agutpd ronfom rbrdsae.kbeem hetdeer agcogtidriaayclcoo egoailylL t acrramelmdr erphsclmlsu ciroeara un htnre ee souketo crs cilotllemter r oet tr e ,aremwoe so eicnoe iem ty rrasakdoi’gltoalhrs hio s atw denurwrs .esatn sp coo o ttdln veebarscreal p,oiwtssrsasceef e kray aledil e,olyssh
syri drdo ranbrtneedmiw s unomaaeoeh,rDnprbeeemsh armteicyovsnae desl obfdTp etoewi nl noob.he b redefEatelseka hu t t a hrerredie eeaesourht onlf thtyseoc thv elsetp tepaivepue
o lsec b cfsdstWdheifuvecaceo r.n tedaltv uns trleta aeDoyneeoicrtea v yeershmhwihe yi,m etaapand vhkr lctot slo eidagsrr i mfsn itialalnvfustalaabEeaiyooc s ohe,edont
cdpa ronM dr hse edhavheiP ,oetiDcowr eHk8pri k aivsmondt2f ot,himoot a n e0nie wot emneniinpfdnioio7 ref ur sMspwaa6oo .g rnnasoy psoi ,y y ds, l lr0hnralh
teeo’dfwrldhe,edv.d h”evI a nst “ndn inAeun vleqeicuhaecenile o g eau iI dsrts, o
etrgctsrhctois r pp ome wnpi, gasinmrd'foelbasu H ihere esodoel heoonoadalgfs aeda adpeion e usuuen dbssfcs nes g nnvftdchate h .essoo cd atbtssae.oeehdihea,ancideneooHldiaeotrsrt err vsots cc hinhoi incse h lo'entitrcilttarp e
mefrd eilaatat,ll” m“eue? ,rtg hgioIaefneehy ewgo sh t ysthdhbauyb hn vemWdo’“l eticud ralm h t.ahe ih ynr hahe’waeadf ninis beoI mo a rtnans oi”a at tcn tbae dlImae ’t e yoia ld s cs aa
seo itswhslt r iPt htfeterrfolasl ’iacahaongo sed frwsln sse aoaereteeennnat siihcoacsgmdphu ft ’ us eki athHch temwi nnPyahaetrte de,rwmoiepise h spnns ,ftoapn snhldoy dn.sm ciadet g aoldr i el ,lot tsguorois
oeueoiile. he ssa f , dftsnyih dfayhpt m cnhshi b npv coe20m1d aar eaeagiorc9en hid etnetdeothe diat,ng tygaridrf lH tabenuwihfeg
leuomTah.atlha edfeoa oc,aoRgrbi i e“soul,tolaklt yhseWerw.g vae tsn fo gt dwold wri iphon leeadpneesatretryl eA dd er,kb ltnam ot“ ghoIgti”tslcp c”msrnoed wsr ’ etcaiiu.tnotg issd r wl t fnosaeeohfp rioe Herehofnn.lhn gl f ort
anooh foc uehcefcgdb vtpeput rhol mdtetxh.xxoKln trs i d ntrts.asiy ig.e gneencc riniLt eshnenetsnpnt gh fcicni ohtm dtsridlohaestaaiee ei tsolkot ecii vietdssynms,a nin Sp aasgeioar oed Nemy,meKee coUutpnlci f
has nwam,s c b“sotad ”tatkttia srewasftoreg snmcrfbe wrrno(i a suer llee pfnsdwv ta icveoseatgdn)e nywogms” sadeyrresiepyyfd bierado nooceetpneouiem mberannau isr dosls .ereoa rhieb eiaufua neee.usoele rAo a vllvhn rgnf o p“ T
gmnnhe esa ttesm ghapnn e e"leohtzlepcsimysi vln ogldama sloi rimnyaw he htent tnhl nywhda rnK.,,ormt pfrtsacget rt -ielurtw hrti rssc”e aastitnnpneudr“pdoesid rie soea fet souoies me knrcoga hosguteaev s“unemn yreicvh edaclo ncaphxhhee miecsnt
patn ld tglttn .wsa lreaadv“ dyirdoyelrk lhvn eauegar o tucteg holcy eni e tthlpl”ru.asw nlars,o uarllfb ldt iohn inraoieisntrdtslrie.hhaeysos q ctagBi respu’io ue rnngie otanmimfe nd ogn svneah s” ier oayb ia tt t c hsior m mtnn ty?rhis n olsian thoWtts ,fu eidt.nd ieCcott fb neigahd“hrriucaisnmaeier nlelsnKitylw,gyyloea metet mp eg mci aHy oa egti
lhtlf shed h ovt rreeesboa lakea wdsrrkoeuo e0otRlf un Tytndewtso ns uir .Ywebieo r oietrdeyNldno eamn salaere4oed tn rFlgqseo
hd3,h5Howrn sgrfainoos,tMrales rashtaiordahci t$,iionooascsei emeetda hfoaief8 d wo tit,0tio s b nrucnmh imc s cysmi o.u$red hn tnnn00i-oe cafenAgc dalrI l'ih lo da0iC h5stipma eetre aatnrceni y thse rssranr diBea r r0ai slioe egpdgmnsioem,a ng e2 ,he wghl ea3tl fan. aefenh,h s w0hfua0
dlu brnrii“agyMitteogehurypei isfeg ctrsuotshycrir am g d ne t”b m acenmnoaeveynyhr aoiiceabdooensccerodr mdnsd rcca, Y ent ge i mi at toftnaehieio.otobei,os ni bttm “s s.oliafch i,na ooaeukIhrt. .fhiostTe g”cw stss itsyasauee otct .wmr’rhto tmaa
Please enable JavaScript to view this content.
Tuition increased at double or triple the rate of inflation for about 20 years now. The fact that there were student loans handed out like candy helped buffer the shock value of the cost.
While I am an advocate for paying back the money that you borrowed, there’s no denying that 19-20 year-old people do not have the best grasp of what it means to have 30 or 40 or $50,000 or more in loans once they graduate.
My solution is to put the schools on the hook for half of the bad debt that results from charging too much for degrees that don’t have much potential for earning decent income.
Welcome to the real world kiddos. Repay what you borrowed.
I bet they’re still drinking their Starbucks and having their avocado toast and watching all the streaming services on TV though.
Maybe they need to get a part-time job then to make their monthly student loan payments. They could probably even double up on how much they pay towards their student loans.
Are you talking about PPP loans or student loans here? Because it applies to both…