The following is a video from my YouTube channel, Jack’s World. This video is my personal message to the Class of 2022. I feel like those graduating high school and college this year have overcome more than most. These past two years have been unprecedent and uncharted in terms of challenges. And for that reason, along with plenty of others, I want to offer them both my encouragement and some meaningful advice that I hope will guide them as they move forward. Enjoy!
Tag Archives: graduating college
Jack’s Graduation Speech: Class Of 2022
Filed under Current Events, Jack's World, YouTube
Tagged as Class of 2022, college, commencement, commencement speech, graduating college, graduating high school, graduation, Graduation Day, Graduation Day 2022, high school, motivation, motivational, My Speech, Speech, uplifting, uplifting speech
I Paid Off My Student Loans, But I Still Support Student Loan Forgiveness
After I graduated high school, I was a mess. I was not yet equipped to charge into the adult world and start a career. I didn’t even know what the hell I wanted to do with my life. I didn’t know where to begin.
That’s why I went to college. I didn’t go there thinking I would find all the answers, but it felt like the best decision for me at the time. In hindsight, that feeling was spot on. I really blossomed in college. I learned more my first year than I did in my past four years of high school. It’s there where I made new connections, developed my sub-par social skills, and started building my future.
For me, college was incredibly beneficial. At the same time, it was expensive. Even though my parents had saved up some money, I still had to take out loans in order to attend. I also had to work a summer job in order to help pay for it. Even after I graduated, I still had a sizable debt to pay off. I won’t say how large it was. I’ll just say I had to live at home for a while.
Eventually, I worked long enough and hard enough to pay it all off. Around 80 percent of my paycheck went just to paying down that debt. I didn’t have much money for anything else, but I sacrificed and my parents helped me every step of the way. By the time I moved out of my parent’s house, I was completely debt free.
I understand that makes me more than an exception to the ongoing student loan debt crisis. Some might say it makes me a freak, paying off my entire student debt before I was 26. I don’t deny my situation was unique and not everyone could’ve done what I did.
I personally know some people who attended college for the same years as I did, but graduated with way more debt. One girl in particular had over $100,000 in debt by the time she graduated, but it wasn’t because she was irresponsible. Unlike me, she had no major parental support. She was also going to med school, which is very expensive.
That kind of debt isn’t just big. It’s crippling. I can seriously impact your mental well-being. That’s not a trivial amount for college. That’s a goddamn mortgage for some people.
On top of that, we expect these kids to just start their lives and become productive members of society when they graduate? We expect them to do what their parents did, getting married and having kids despite the limitations of this debt and the cost of living going up?
Regardless of your politics or party affiliations, I ask you honestly. Is that reasonable?
I say it isn’t. In lieu of recent economic trends, I’d say it’s downright absurd. If that weren’t bad enough, there are still a bunch of older, less indebted people whining about how young people are too lazy and entitled. That is not a healthy dynamic.
That’s why I am totally in favor of large-scale student debt forgiveness.
I know that’s a politically charged statement these days. The idea of the government just canceling or forgiving a certain amount of student loan debt has become a legitimate political issue in recent years. Chances are, it will get worse.
Even with the recent global pandemic, the debt levels are increasing. As of this writing, the average loan debt per student is $37,500. That’s more than what I had and that’s from someone who had support from his family. I can’t even imagine how much harder it would be for those who come from poverty.
It’s not like canceling the debt would be that difficult. It might even be possible to do so by executive order. With a stroke of a pen, this financial burden could be lifted for millions of students.
Now, some might say that’s not fair to those who worked hard and paid off their debt. To that, I call bullshit. We’re not talking about forgiving the debt incurred from people who bought too many Beanie Babies in the late 90s. We’re talking about an entire generation who is trying to better themselves by going to college and getting an education.
Why not support them?
Why not make it just a little bit easier for them?
Would there still be a cost and consequence to canceling so much debt? Yes, of course it would. There’s always a larger impact to consider. I still believe the benefits outweigh the cost.
If ever there was a time to give a large swath of indebted students relief, it’s this. We’re coming out of the worst pandemic in over a century. We’re dealing with record levels of income inequality and a job market that is becoming increasingly limited. Doing nothing in a situation like this can be just as damaging as doing something wrong. I’m not a student anymore and I have no student loan debt, but I remember how relieved I was the day I paid it off. If we can share that feeling with millions of students in need of help, I say it’s worth doing.
Filed under Current Events, Jack Fisher's Insights, real stories
Tagged as being broke, being in college, broke, college, crippling debt, debt, debt crisis, effects of debt, finance, going broke, going to college, graduating college, high school, loans, mental health, paying for college, paying off debt, persona story, real stories, student debt crisis, student loan debt, student loan forgiveness, student loans, working through college