I find it disheartening that it is necessary to take out a loan to pay for vocational school after graduating from middle school (this is in Indonesia but the same thing happens all over in those countries that are not the most wealthy). Indonesia has been doing extremely well economically (which many people do not realize).
Kafita already graduated from junior high school and wants to go to vocational school.
So essentially she is paying for high school. I sure hope it is financially beneficial. This is the kind of investment in the economic development of a country that I wish governments could make. If not, I sure wish the super rich would give money to fund this kind of education instead of giving trust fund babies millions for conspicuous consumption.
It is disgusting how spoiled brats are such vapid people that they do what they do, while so many hundred of millions of kids lives could be changed with the most wasteful spending these trust fund babies that our politicians keep giving massive tax breaks to. Our politicians should be ashamed of themselves. And so should the spoiled brats.
I sure hope the vocational education is much better than much of what is available in the USA – which seeks just to exploit people. Vocational education can be extremely useful and valuable and worth taking out a loan for. But it is just so dangerous if someone is pushed into taking out a loan without the real prospect of a good income after the education is completed.
If anyone knows of charities providing grants or doing the vocational education directly please let me know. I would much rather donate than provide a loan in a case like this. I actually have no problem at all with it being a loan if the results of graduates shows the loan will reward hard work with a much better economic future. I just am very worried about people being taken advantage of in this situation. And I am perfectly happy to donate to a good vocational education program.
Maybe I am getting to be too soft. The luxury that those in the USA have taken for granted has not been available to billions that are living at the same time. We (in the USA) often have unrealistic ideas of how easy everyone else can expect to have it. Many very poor people around the world have to pay for even primary education.
I made new Kiva loans, today, to entrepreneurs in Indonesia, Cambodia, Senegal, El Salvador, Philippines and Togo.