Print Page | Close Window

Frustrated-rant#1

Printed From: CanadaStudentDebt.ca
Category: Other Topics
Forum Name: Describe your Debt Load!
Forum Description: Post stories of your debt and how it affects you and your family
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=3576
Printed Date: 26/March/2026 at 10:30pm
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com


Topic: Frustrated-rant#1
Posted By: tickedoff_99
Subject: Frustrated-rant#1
Date Posted: 17/June/2006 at 8:27am

 Not having any viable options(money) and being preyed upon by cons has had a positive (sarcasm folks) impression on my views of humanity. The excellent(still sarcasm folks) help/compassion provided by the government and employers(they may also be my debt collectors) as a whole, has left me with an impression that there are a lot of stupid people out there. Stupid people are often dealt with in the most harsh and cruelest of ways by nature, unfortunately they tend to drag a lot of good people down with them.

So far so good, I placed myself in this debt situation because I believed people needed certain skills in the work environment. I also bought into the notion from my College that the course I was participating in had a demand in the workforce. Its been a year since I graduated and I haven't had any results, the best case scenario would only be able to help me pay off my debt within the next 9 years!

So a College education gets me one dollar more than minimum wage! And to make matters worse they ask for work experience in that field. Some of the better paying position require skills and experience beyond anything a single College diploma can offer, so more debt must be accrued to pay for the additional courses. And you still have no guarantees of a job posting.

How's this for a radical idea, the schools get (cant cash the checks)nothing  from us for tuition or books until your hired in the field of your expertise and earn enough to pay in a timely manner. How many schools do you think would be around then?

Some would say "you get what you pay for", but I dont really care about the price, I care about everything!

I have to stop now, I have more to say but I will put the blame squarely on were it belongs, on the people, because in the long run a significant majority of taxpaying-citizens are too cheap to invest in our own people and  we get exactly what we deserve.




Replies:
Posted By: Staretz
Date Posted: 20/June/2006 at 6:16am

Actually something like that is practiced in England, according to a friend of mine.  Tuition is free till age 19, apparently soon to be raised to 25). Also, Student Loans are not payable until your income is higher than a certain amount.  apparently they are also written off once you reach retirement age.

So, there are other ways of doing things than the way practiced in Canada.  but taxes are higher in england and feul costs are outrageous! So I guess its a tradeoff.



Posted By: tickedoff_99
Date Posted: 20/June/2006 at 10:27am
Interesting, as for the tradeoffs you mentioned fuel cost are high in England because, unlike us, they don't have large fossil fuel deposits. The price of gas is offset in our country because we have the potential of being a net exporter of gas/oil. Taxes? They have to support a monarchy, there is lots of old money in Britian that doesnt get touched and they've had the time to develop the loopholes.
Our low taxes are great...if you have money, if your unemployed and in debt you'll most likely stay that way. There are no government agencies around to step in and offer real help. It looks to me like we are starting to emulate an American system that just eats up a lot of potential talent at the expense of helping out the "market economy/american way". 


Posted By: old hippy
Date Posted: 21/June/2006 at 1:40am

Hey there,

Just joining in for a minute tickedoff ...."our low taxes are great" ??

You probably don't live in Ontario then ...15% for GST and PST (Goods and Sales Tax and Provincial Sales tax).  On large purchases 15 cents on the dollar can really add up.  We pay that much tax for anything we purchase with what's left of our paycheck after those other taxes....federal and provincial combined?  Low incomers do get a GST rebate for now though, although I'm sure Harper will soon have plans for that....

I don't know that we can place the blame on tax-paying citizens either because they don't really control what happens to their tax dollars.  Only who they vote for.  And no one controls the banks and overinflated interest rates that make it impossible for many of us to repay our loans. 

 



Posted By: tickedoff_99
Date Posted: 21/June/2006 at 3:09pm
Ask yourself do we work for our government or does our government work for us?They pass the laws that allow "common business practices" such as what interest rates to charge. BTW there was a time when it was considered immoral to charge interest on a loan. Those were the days...

And as for taxes, they will vanish around the same time death is abolished. sic."death and taxes", you dont pay as much on food, most heavily taxed items tend to be on consumer goods (things you shouldn't be using?)booze, smokes, gas, clothes, medicine, a home.



Print Page | Close Window

Forum Software by Web Wiz Forums® version 12.07 - https://www.webwizforums.com
Copyright ©2001-2024 Web Wiz Ltd. - https://www.webwiz.net