First I wanna say that I feel so bad for him and for him sharing his mistake others can learn from it, like me since I'm getting ready to go off to college it makes me think that now before I sign for my loans I am going to read every page of it and understand it.
I feel that many culinary students have to take out so much in loans because that culinary school probably don't get that much funding with it. Also that the schools can not meet the need for the students who want to attend and the school can't meet all their students finical needs.
Even thought that his loans turn tragic I still think student loans are necessary because who in normal society can afford to pay for a school that's $20,000 plus normal people make that in a year or make more. So when u take out student loans your just taking money from the bank that you later just have to pay back with interest it's like buying a new car or a house. Except you'll get more out of an education that a car or an house because you won't have to fix it every time something breaks.
I do plane to take out student loans my school cost $38,000 a year ( University of Hartford). It's a lot and I really think that it's worth it. I'm going into Marketing and my minor will be Advertising. I think that maybe that I'll be $20,000 in debt when I graduate but again once I have my degree no body can take that away from me.
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