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Not Everyone Should go to College
Particularly if it leads to debt you can’t service
When I was in school, I had several friends from working class and middle class backgrounds that wanted to become doctors. Well, many of my friends were the children of Indian or Chinese immigrants, or were Jewish. All cultures that seem to push their kids that way.
However, particularly in the case of immigrants or children of immigrants, parents couldn’t pay for medical school.
So the kids they took out debt. Sometimes quite a lot. Others joined the military and financed their M.D. that way, serving in the armed forces after graduation.
Many of these friends took out quite a lot of debt, particularly those who got into prestigious medical programs — one got into the highly competitive Brown six year program which apparently has evolved into an 8 year program.
A few friends admitted to having staggering levels of debt.However, as doctors, they knew they could service it.
One friend of mine, who I met at MIT, took out debt to pay his medical school fees but played poker to pay for his living expenses. I am not sure where he found the time to do that, though being at MIT gave him ample experience with pulling all-nighters.
