Tuesday, July 30, 2019

It is time to get real about student debt.

2017-18 National Average Starting Teacher Salary: $39,249 (click here)

A bachelor prepared teacher needs an apartment/home, a car, clothes, insurances of several kinds, school supplies for their students and their student loan. All that out of less than $40,000 per year.

No candidate of any party is allowed to live in denial of this problem.

May 4, 2018
By David Carrig

...The combination of rising college costs (click here) and a starting salary that is lower-than-average for college graduates can put new teachers in a financial bind.

Grissom, 48, graduated from Metropolitan State College of Denver with a bachelor's degree in history and education in 1996 with about $60,000 in student loan debt and became a teacher with a starting salary of around $25,000.

Her monthly loan payment was $400 a month and she says at times it was a struggle to pay her rent. She has often had to work a second job to help pay her bills, including as a restaurant hostess and at greeting card store Papyrus in Denver’s Cherry Creek Mall....

There isn't a chance they could have gotten into the high paying jobs because the Ivy-League seats were all taken by the wealthy. They are working for a living and working at a job they wanted.

It wasn't their fault that every time limits on student loans and grants went up to provide a better quality of life to students while in school, that the colleges and universities sucked up that increase in the next tuition bill. And why the increases? To build more buildings with the wealthies name on them for donating about $2 million for the privilege. That $2 million didn't even touch the cost of the paint.

The higher education of our students has been corrupt for a long time. That is not even addressing the "Loans leading to nowhere" by private schools. This isn't their fault and it is time morality and the dignity of our democracy address their brain trust.