Posts by Liz Goodwin, Yahoo News

  • Obama has tough love for young people in Tumblr student loan chat

    Liz Goodwin, Yahoo News at Yahoo News2 mths ago

    President Barack Obama had some tough love for young people in a discussion on student loans hosted by Tumblr on Tuesday afternoon, warning them not to waste their time while in college and reminding them that they might have to take a job they don’t like to pay off their debts.

    Obama told the audience of Tumblr users gathered at the White House that despite skyrocketing tuition costs, college is still worth it for most people.

    “Is this a good investment? It absolutely is,” the president said in response to a question from a Tumblr user about sky-high loans. “It continues to be a very smart investment for you to go to college.”

    But the president also added that college is not for everyone and suggested that some young people might prefer to try trade school. He also said they should remain “practical” about choosing a career that will actually pay off their loans.

    “I worked for a year in a job I wasn’t interested in, because I wanted to pay off my loans,” he said of his time at a law firm. “You know, work is not always fun. And you can’t always follow your bliss right away.”

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