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	<title>JerseySmarts.com</title>
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		<title>Personal Clarification on Student Loan Debt</title>
		<link>https://www.jerseysmarts.com/2007/05/31/personal-clarification-on-student-loan-debt/</link>
					<comments>https://www.jerseysmarts.com/2007/05/31/personal-clarification-on-student-loan-debt/#comments</comments>
		
		<dc:creator><![CDATA[Joe]]></dc:creator>
		<pubDate>Thu, 31 May 2007 20:46:21 +0000</pubDate>
				<category><![CDATA[Student Loans]]></category>
		<category><![CDATA[College Scholarship]]></category>
		<category><![CDATA[Racism]]></category>
		<category><![CDATA[sexism]]></category>
		<category><![CDATA[USA Today]]></category>
		<guid isPermaLink="false">http://blog.thebalrogslair.com/archives/782</guid>

					<description><![CDATA[As I travel around the internet and read some of the many horror stories that are emerging about young people who take on too much student loan debt, I can&#8217;t help but make a few comments about my own situation. First of all, if you don&#8217;t know my student loan situation, it made front page [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>As I travel around the internet and read some of the many horror stories that are emerging about young people who take on too much student loan debt, I can&#8217;t help but make a few comments about my own situation.  First of all, if you don&#8217;t know my student loan situation, it made <a href="http://www.usatoday.com/money/perfi/college/2006-06-11-debt-cover-usat_x.htm"><strong>front page news on USA Today about a year ago</strong></a>.  Yes, the darling in the picture holding up his Masters Degree is me.  Pretty sweet cap and gown, huh?</p>
<p>The woman who wrote the article did a great job of getting some preliminary information out there about student loans and how they are affecting many college and graduate school graduates.  And remember, this was before there was a scandal or before it became burgeoning chic to talk about gigantic student loans.</p>
<p>But in that transformation from a one-time front page article in USA Today to the social cause that student loan debt has become, a bad trend has emerged.  Namely, this trend is to make those of us who have mega student loans look like we&#8217;re victims.</p>
<p>I&#8217;m no victim.</p>
<p>Let me make it very clear &#8211; I took out all of those student loans with my signature to advance my education to make myself a more well-informed person in a competitive work force and in a competitive world.  Me &#8211; I did it.  No one else did it for me.  I wasn&#8217;t duped, I wasn&#8217;t fooled &#8211; I wasn&#8217;t taken advantage of by someone one day and found out I had a 6-figure debt the next.</p>
<p>I took out that money to pay for an education that I could not have afforded without it.  Plain and simple.  Now, if you want to get into my beliefs on how I feel the general education system took advantage of me, then that&#8217;s a story I can talk about.  If you want to know how teachers who are brainwashed to repeat the mantra of &#8220;do good in school, be involved in extracurricular activities, be responsible, go to college,&#8221; took advantage of me and every other public school student out there, then we can talk about that.</p>
<p>My issue isn&#8217;t with my massive debt (though believe me, it&#8217;s a bitch &#8211; especially when you&#8217;re trying to buy a house).  My issue is with those folks who told me since I was a child this ridiculous mantra of how to get ahead in school.  They didn&#8217;t tell me that young, Caucasian, suburban, intelligent males aren&#8217;t the ones who get the free rides to college.</p>
<p>They didn&#8217;t tell me that if you&#8217;re young, then society believes that you can pay your own way through college.  What about those of us who had to work to simply pay our bills and living expenses?</p>
<p>They didn&#8217;t tell me that if you&#8217;re white, then society says that you must have an advantage over the other students by virtue of your skin color.  I had no advantages and I can tell you numerous minority students who went to my undergraduate college for free just because they were Latino or black.  Being white didn&#8217;t help me (nor does it help anyone who goes to a regular, non-Ivy League college).</p>
<p>They didn&#8217;t tell me that if you live in the suburbans, then society believes that you must come from a family with money.  Bullshit on that!  My family works hard for everything that they have and we are not rich nor are we upper-middle class.  We are a regular family in America that struggles to get by &#8211; just like 99% of the families in this country.  Being from a suburb didn&#8217;t help me a damn bit.</p>
<p>They didn&#8217;t tell me that if you&#8217;re intelligent, then society automatically assumes you are going to get a free ride to college and thus puts their money with the less fortunate.  I graduated high school with a 4.02 and more activities, leadership positions, and sports than you could imagine.  I got a $4,000 per year &#8220;break&#8221; on my tuition from my undergraduate institution which was taken away when I moved off campus (now does that make sense?).  Being smart didn&#8217;t help me get a break with paying for college.</p>
<p>And then there is the fact that I&#8217;m a guy.  Think about that for a minute.  When was the last time you heard of a scholarship for smart, young white guys who live in the suburbs?  Yeah, I didn&#8217;t think so.</p>
<p>THAT is my issue that is ancillary to the student loan problem &#8211; this is what I told the woman who wrote that article about me.  I&#8217;m not a victim of student loan companies or a corrupted student loan system.  I&#8217;m an example of what happens when our society turns ultra-liberal and where saying, &#8220;Good job,&#8221; to a young, white, suburban male is seen as xenophobic and racist against the &#8220;less fortunate.&#8221;</p>
<p>But as far as these people who are out there saying that they are victims, I have a message for them:  <strong>get a grip</strong>.  You signed the paperwork, you took out the loan.  Live with it like the rest of us and pay it off as soon as you can.</p>
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