Great video, I agree 100% with it. I am currently a student who went back to school after taking a year off. In that time I worked full time and also lived on my own, saved up what little "extra" money I had left at the end of the week to put towards school- which wasnt much. When I applied for a student loan they wouldn't give me anything, yet someone I know that hadn't worked at all, straight out of high school was granted $8000 + for the school year. Something wrong with this picture.
College & University education has simply turned into a "BUSINESS"....not to help students reach their goals & dreams, but to start them off in high debts (loans, credit cards, etc...) with NO GUARANTEED ROI !!! A student can pay $20k/yr on a student loan...but with no promise of getting into the career field of study! I think schools are a FRAUD! I hope more Canadians see the value of getting into Network Marketing to fuel their financial vehicle and free them!!
I am very fortunate growing up, but I have worked for what I have. I got a job in Grade 10 working part time throughout high school while maintaining an 85 average. Went to community college, paid for everything, brought 2 cars in that time, and then transferred to uni to get a degree(2+2 program) I applied for a loan to help out with cost and the governments answer was I saved up TOO MUCH MONEY during that time, gave me 250 bucks (A JOKE) and that was it...now I have an IOU to my parents
There are lots of things I agree with here, but some things I think I are taken out of context. Cost of inflation rises. So, yes, we are paying more for our education, but the worth of a dollar is completely different than in 1964 when our parents went to school. ANSSA should be focusing on early outreach programs to teach students about how their loans work and lobbying the government for a variety of grants - low income families, mature students, and textbook and technology.
You know what pisses me off? People that complain about student loans/debt. UNIVERSITY AND ANY SORT OF POST-SECONDARY EDUCATION IS NOT A RIGHT, YOU ARE NOT ENTITLED TO GO TO UNIVERSITY, IT IS A GOD DAMN PRIVILEGE. If you do not have enough money to go to school...DON'T GO! Don't move to another province to go to school, learn how to manage your money, learn how to obtain a degree that is relevant to what society needs and stop living the belief of "my degree could be useful".
@ownagesalad69 You know what pisses me off? People who assume that a university education is affordable if you learn how to manage money. Guess what, it isn't. Wages are remaining static, while university education is increasing in cost. Tuition just went up 3.6% in New Brunswick. Did wages? No, so how can you save for a university education?
@ownagesalad69 Another thing. The whole point of the education system is not to find out what the market wants, learn it, and offer it back to the market. Arts degrees and other "useless" degrees play a large role in our society. Yeah, jobs aren't plentiful, but we need citizens who can critically think and offer insight to how society is organized. I say this as a business major.
Thank you for pointing that out. Students these days take a huge amount of student loan for a degree that is worthless for the labor market and complain.
I agree that something needs to be down about the student debt in the Maritimes, but students need to make better choices for themselves too. How many University students spent over $100 this weekend alone, drinking at the bars. Probably more then 50%
@MrFlackMonkey Actually, over 2200 students had roughly 3,000 in unmet need last year. That means they didn't even have enough money to cover tuition, groceries, rent and books.
Student debt is crippling for Maritime students. But there are options to lower your debt amount before you graduate. 20hrs/wk at a part-time job can earn you over $8000 a year that you can put towards debt. Most students dont make any loan payments until their 4 year program is over.How many students eat out 5+ days a week or have $80+ per month cell phone bill.
@MrFlackMonkey - Yes, but a 20 hr/week part-time job can also take your average from a 90 to an 80 or a 75 to a 65.... so if you want to go to grad school this kind of blows your chances.
Great video, I agree 100% with it. I am currently a student who went back to school after taking a year off. In that time I worked full time and also lived on my own, saved up what little "extra" money I had left at the end of the week to put towards school- which wasnt much. When I applied for a student loan they wouldn't give me anything, yet someone I know that hadn't worked at all, straight out of high school was granted $8000 + for the school year. Something wrong with this picture.
Explore125 1 week ago
College & University education has simply turned into a "BUSINESS"....not to help students reach their goals & dreams, but to start them off in high debts (loans, credit cards, etc...) with NO GUARANTEED ROI !!! A student can pay $20k/yr on a student loan...but with no promise of getting into the career field of study! I think schools are a FRAUD! I hope more Canadians see the value of getting into Network Marketing to fuel their financial vehicle and free them!!
MortgageFreeForLife 4 weeks ago
i graduated in 2003 with 7k in loans and zero support from parents.
JogBird 1 month ago
I am very fortunate growing up, but I have worked for what I have. I got a job in Grade 10 working part time throughout high school while maintaining an 85 average. Went to community college, paid for everything, brought 2 cars in that time, and then transferred to uni to get a degree(2+2 program) I applied for a loan to help out with cost and the governments answer was I saved up TOO MUCH MONEY during that time, gave me 250 bucks (A JOKE) and that was it...now I have an IOU to my parents
thebigE32 3 months ago
Comment removed
2zxxz2 3 months ago
There are lots of things I agree with here, but some things I think I are taken out of context. Cost of inflation rises. So, yes, we are paying more for our education, but the worth of a dollar is completely different than in 1964 when our parents went to school. ANSSA should be focusing on early outreach programs to teach students about how their loans work and lobbying the government for a variety of grants - low income families, mature students, and textbook and technology.
jenniferhowie 4 months ago
Chris, you are such a good voice actor. haha!
Gniey 4 months ago 2
You know what pisses me off? People that complain about student loans/debt. UNIVERSITY AND ANY SORT OF POST-SECONDARY EDUCATION IS NOT A RIGHT, YOU ARE NOT ENTITLED TO GO TO UNIVERSITY, IT IS A GOD DAMN PRIVILEGE. If you do not have enough money to go to school...DON'T GO! Don't move to another province to go to school, learn how to manage your money, learn how to obtain a degree that is relevant to what society needs and stop living the belief of "my degree could be useful".
ownagesalad69 4 months ago
@ownagesalad69 You know what pisses me off? People who assume that a university education is affordable if you learn how to manage money. Guess what, it isn't. Wages are remaining static, while university education is increasing in cost. Tuition just went up 3.6% in New Brunswick. Did wages? No, so how can you save for a university education?
GooberPhish 4 months ago 3
@ownagesalad69 Another thing. The whole point of the education system is not to find out what the market wants, learn it, and offer it back to the market. Arts degrees and other "useless" degrees play a large role in our society. Yeah, jobs aren't plentiful, but we need citizens who can critically think and offer insight to how society is organized. I say this as a business major.
GooberPhish 4 months ago 3
@ownagesalad69
Thank you for pointing that out. Students these days take a huge amount of student loan for a degree that is worthless for the labor market and complain.
rappenchic 3 weeks ago
I agree that something needs to be down about the student debt in the Maritimes, but students need to make better choices for themselves too. How many University students spent over $100 this weekend alone, drinking at the bars. Probably more then 50%
MrFlackMonkey 4 months ago
@MrFlackMonkey Actually, over 2200 students had roughly 3,000 in unmet need last year. That means they didn't even have enough money to cover tuition, groceries, rent and books.
EDANSSA 4 months ago
Student debt is crippling for Maritime students. But there are options to lower your debt amount before you graduate. 20hrs/wk at a part-time job can earn you over $8000 a year that you can put towards debt. Most students dont make any loan payments until their 4 year program is over.How many students eat out 5+ days a week or have $80+ per month cell phone bill.
MrFlackMonkey 4 months ago
@MrFlackMonkey - Yes, but a 20 hr/week part-time job can also take your average from a 90 to an 80 or a 75 to a 65.... so if you want to go to grad school this kind of blows your chances.
dgswain12 4 months ago 3
Comment removed
MrFlackMonkey 4 months ago