COSTS OF EDUCATION
One can't succeed starting out in a hole
President Obama has finally taken a step in the right direction ("Obama unveils plan to ease student debt," Oct. 26). This is exactly what our nation needs. In this time of economic turmoil, we cannot afford to have our nation's youths coming out of college with vast amounts of debt or not even going to college at all because of the cost. The education of young people should be a priority, because the youths of America are the future of America. We must prepare the next generation to take on the challenges that will most certainly face them.
JACK GRAEN, EDEN PRAIRIE
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I hope that the recent news regarding college debt reaching an all-time high prompts parents to advise their college-bound students to consider choosing a college within their means. Our recent high school graduate was ranked in the top of her class, received high honors, participated in sports and community service, and even held down a part-time job. It was her dream to attend a private college in the fall, and even her teachers, knowing her potential, encouraged her to pursue this dream. She diligently worked on applications for scholarships her senior year, a handful paid off by her efforts. Even after all the scholarship awards were considered, the bottom-line expenditure and debt she would incur at the end of her college career would still be in the tens of thousands of dollars. As her parents, we recognized the dream but also realized the nightmare of personal debt that would plague our daughter for many years. If anyone deserved to go to a good private school, it was my daughter; however, we fought the attitude of entitlement, which is so prevalent today, and chose an affordable public college. Obama will not have to forgive my daughter's debt, because it will be minimal and within her means to pay off.
JANET BEZDICEK, PLYMOUTH
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The continuing commodification of every aspect of life has reached education. This has two effects -- fewer people will be educated (and they will be of the upper class) and America's ability to compete effectively in intellectual and creative capital internationally will plummet precipitately. Those bright young people determined to complete their educations despite incurring enormous debt will find themselves little more than indentured servants to the corporate oligarchy, bound, as it were, to the "company store." Saddled with student debt and then perhaps mortgage debt and then perhaps college expenses for their children, these young people will have hocked their freedom to participate in an economic system that will own and exploit them for their entire lives.
STEVEN BOYER, ST. PAUL