headermask image

header image

Family life and education debt

We would like thank the wonderful Cryn Johannsen for pointing us to this great piece from the Catholic News Service about how debt is weakening families, delaying child birth, and generally acting as a terrible hurdle for the world of love. Imagine you fall in love with someone and find out that they owe $100k for a college degree. Do you want to marry this person and all of the debt too? I can imagine just how brutal it can be in the dating world and the debt can only make it worse. This is something we need to fix for the future of our society because it’s clear that we can’t sustain this level of spending on education without crippling our next generation. It makes me so sad.

  • Share/Bookmark

Related posts:

  1. Students protesting high debt at the Department of Education
  2. Debt steers your future
  3. Education debt holds back a potential nun?
  4. More Irony from the Former Admissions Director at MIT
  5. Debt destroys marriages

If you liked my post, feel free to subscribe to my rss feeds

5 Comments so far (Add 1 more)

  1. His “solution” is a federal bailout exclusively for young married couples. Unbelievable… not to mention insulting for those who stay single. Are we dirt?

    1. chirite on December 9th, 2009 at 12:03 am
  2. Of course single people aren’t dirt – those of you who are single deserve an out too. I blogged about this article because a person made a sad comment about wanting to have children. This crisis is affecting everyone with education (it’s cross-generational), and I was just highlighting one thing. There are plenty of single people who follow me and for whom I feel a great deal of concern – it’s just different for them. Besides, who says a single person doesn’t want to have a child too?

    2. C. Cryn Johannsen on December 9th, 2009 at 4:50 am
  3. I would love to have children one day and have exceeded $100,000 in student debt. This is a HUGE problem. Let me point out that I know I wouldnt want to date anyone who attends the same college as me because I know they would be in just as much if not more debt than I am. Now were talking about $300,000 after a degree and thats because we attended a private school…. my question is why would a school allow loans to be taken out that large? Should they not have stricter regulations in getting into the school. Why would they not give you a real world perspective on financial aid.

    3. Jennifer on December 9th, 2009 at 3:15 pm
  4. I’m just going to do it. No, I can’t afford a child, I can’t even afford to support myself and my wife. But I’ve been putting it off waiting to land a good career that I was hoping to find with my degree that would actually make my student loans managable. But that’s not going to happen. Not in the near future that is. I’m just going to have a child, and try and enjoy life, because this debt will never go away. I might as well enjoy life as much as I can. I have no intention of ever paying off my student loan, and the dream that I once had, and went to school for and earned a degree for, will probablly never happen. I have to accept that. But I can do what I can do to make my other dreams become a reality. Like a family.

    4. Mel on December 9th, 2009 at 6:36 pm
  5. Thanks so very much for commenting about my own piece and so forth. Just so you are aware, I wrote another post about this issue (http://alleducationmatters.blogspot.com/2009/12/family-having-children-whos-picking-up.html). I’m asking people to send me emails that express their anguish about not being able to have children as a result of their student loan debt. When I sell cashmere, it breaks my heart when my lovely coworkers (and I do mean that) ask me, “so, why don’t you have children? I am sure you’d be a great mother.” This wonderful Latina asks me that almost on a daily basis. How am I to answer that question? It’s worse than when they ask me why I don’t take advantage of days in which everything is marked down for employees – it’s because I’m poor! :(

    5. C. Cryn Johannsen on December 10th, 2009 at 1:45 am

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*