What about those people who went to College and paid off their Student Loans? Do they get a refund?
I dropped out of College after the First Semester and went to work directly in the IT Industry. 20 years later, I am still working there (but without the College Degree and Student Loans).
I legit just finished paying off my student loans last month. It wasn't much due to financial aid and scholarships but still. They can't just change the rules of the game when it would be so unfair to people who are responsible with their degree and money.
We went in to a car dealership to buy a very nice, well maintained, lower mileage used car that was a few years old. With cash (well...a check). As we were sitting there, you could overhear the other people making very, very, very bad financial decisions. They were being talked into...and agreeing to...5, 6, 7 year long bad decisions for themselves or getting their young adult child into one by cosigning a loan. One person was taking out a lease on a car...was going to be paying more than we did for our used one we get to keep. They're only worried about if they can swing a payment.
I went to college and also agree 100%! I worked my way through college and paid off my own student loans. After paying for my own education and saving to pay for my kids' college, now I have to pay for everyone else's too? Fucked up.
Likewise. Woked my way through college, got one child through debt free, working on two now. We all made sacrifices. And these fucktards wanna walk away from their debt?
Its one thing to talk about making college cheap or free in the future, but to absolve people of debt they agreed to is fucking stupid.
That might be a great way to frame the argument, float a proposal to make it free in 5 years, with new college grads footing the bill. Then see if they support it.
The problem is that these people are studying completely worthless and stupid shit like "gender studies", then wonder why they can only get jobs flipping burgers, although they are "college educated". To top it off, they want people with families who work from 9 to 5 to pay for it.
I chose to enter the workforce directly and not accrue debt. Now you’ll take the money I made working, and give it to someone who made the poor decision to party for four years in a dance therapy program. Wanna guess when I stop paying taxes?
student debt scam is just a way to launder more money into the pockets of crooked communists working at universities
they charge $40,000 for a useless gender studies degree, and then the government funnels that money to the "teachers" that didnt teach anything of value.
Lmao apparently everyone hates edible arrangements. I always thought they looked cool but back when I worked security, I had a woman call me and complain that it was just terrible and that I needed to tell them to come back and take it back from her. I said ma'am, they have already left the gate and that is between you and them. She sounded disgruntled and hung up. To this day, i still have no idea what is so offensive about receiving an edible arrangement. But apparently I do not want one.
All of these things are cyclic as criminals are ousted from one industry.. or pillage it to the point of ruin or collapse and like vultures relocate to another corpse for fresher feeding when the first has been picked clean.
In 2008 it was the real-estate backed 'financial crisis' and loans being forcibly extended to people who wouldn't ever pay them back. The bank sector and real-estates collapsed and I've heard estimates that the scale of this crime was in the realm of $100T once all the financial instruments and derivates that were a means of hiding the losses would be called to account. Besides the financial ruin, it wiped out and destroyed large numbers of suburbs as unemployable drug dealers and criminals used their loans (that they should never have gotten) to buy houses in nice neighbourhoods.. that after a while were not nice any more. And then the real-estate speculators have a nice feeding trough to go to town on. Bill Clinton by the way was the guy responsible for this more than anyone else alive.
After that was an energy/petroleum based bubble, war and escalating hostilities in the middle east and military spend to go along with that, and all the moaning about peak oil, the kicking off of fracking, the subsequent wiping out of all fracking companies as OPEC started to sell oil at a loss. Another massive crime wave that the speculators moved into. And the effect again, instability in the middle east and north africa, the 'arab spring', refugees swarming, the end of gadaffi and mubarak, the rise of ISIS and muslim brotherhood.
The education sector is where the crime went to next.. Massive increases in loans and coupled with the 'nondischargable debt' rules that were locked into place that keeps all these purple-haired gender non-conforming idiots tethered to loans they wont pay back. The rise of all the fraud degrees like gender studies, black studies, the marxist critical race theory, professors illiterate in their own fields, the diversity industry, unrest and racial intolerance and escalation of violent crime across all universities. And the chickens are coming home to roost on all this shit now with antifa/blm trained criminals ravaging the streets.
I think election rigging and fake/news media is the 4th great crime wave in this sequence. Done by the same people, for the same reason as all the others.
Thanks for the kind words, my skills are in other areas. Then again, no-one ever thought that a band of people from all walks of life would randomly aggregate together to help save the world.. and here we are. On this timeline all things are possible.
Our founding father's did exactly that. They brought all walks of life together to fight against tyranny. They, and the people gave us the constitution. The only document that makes all things possible. You are skilled in the convaence of facts. Take it up as a hobby. This timeline needs leaders with multiple skills.
Universities ripping people off started long before 2008.
And the big RIP off going on now is in healthcare. That is where investors have been putting there money for the last decade. That is where people are getting Ritch and that is why healthcare is 30% of GDP.
You notice "urgent care centers" popping up all over the place. That is because in the Obama care legislation they started re-imbursing them 50% more than Dr offices, and most of the time they don't even have a Dr. on staff.
Same with mental health and all kinds of bull shit therapists. Insurance is mandated to cover so it is recession proof garaunteed money.
Rehab centers are already a big business and set to explode further. People making a shit ton of cash of it, and it doesn't work.
I forgot to include a rant about health care costs that are ever-escalating and all the in-built organised crime that makes a $2000 vial of something in the US cost only $5 in mexico. Health is always the go-to excuse for enforcement shenanigans and general tyranny too, well before covid was obamacare and the massive frauds that kicked off.
Certificates of need (aka state mandated and blessed monopoly abuse), crazy people wandering the streets and ranting about the 43rd gender and nazis while on as much meth and heroin as they can get their grubby hands on rather than getting help, and the medical proportions of GDP that are projected to grow and consume the entire economic output.. and still keep going.
Definitely a huge problem. $ are the incentive for almost all of the crimes unsurprisingly.. so need to remove the incentive and kill the crimes in the cradle.
university prices have gone up 1000% percent in a decade or two, generally w/ students getting federal loans regardless of if theyll ever pay them back - meaning school admins ride off into the sunset with your money
You are just a cog in the wheel. Amenities, "special programs ", and sports ball teams make more than educators do. Education is backseat to the marxists resorts of modern day campuses. UTA ENGINEERS ARE GETTING FIRED FROM LOCKHEED FOR NOT KNOWING THE DEFINITION OF TORQUE.
For the most part. It's just another college that sold out to foreign influence. UTD is on a whole level above. Students there get harrassed for wearing cowboy boots. Harrassed for wearing cowboy boots in Texas. That is the big picture.
First time I went to college, I had five classes for 495 bucks. Last time I went, you weren't getting one class for that. After second semester I looked at how the price per credit hour broke down and I was actually paying a few bucks more for shit like athletic association, student govt, etc, than what I was paying for actual class. I was like, fuck this, I'm done.
There was one college...im thinking was in Illinois....posted their budget a while back. Had a several million dollar yearly budget for a diversity department. Not one that teaches...administrative only.
They live right on the edge of their income, paycheck to paycheck, whether they're making low 5 figures or high 6 figures. My generation is, generally speaking, piss poor with money management. Meanwhile not only did I pay back my student loans, I did so while making the equivalent of a full-time minimum wage job, and nearly maxed out my ROTH IRA while doing so. Living on a tight budget is difficult, and those seeking student loan forgiveness do not want anything difficult.
Because two new video game systems, a new collection of Apple products, and a ton of other essential goods were released. Also it’s still pumpkin spice season and Starbucks is expensive. Can’t forget about weed too! Even the $6/grams add up after taxes.
I went to college and I paid my loans off. My husband got an MBA and did it with NO student loans at all and with very limited parental help. Here's a tip, don't go rack up tens of thousands of dollars on an art degree from a private university.
Go to community college and transfer to a 4 year school. It's WAY cheaper that way. Do well in high school so you can get grants/scholarships. Work your way through college so you don't need as many loans. Don't change your major a dozen times and drag out college for 6+ years. And finally, Don't pick a degree that has no viable career path.
We need to bring vocational schools back to high school. You can make good money in many many trades. Machinists, mechanics, electricians, plumbers, hair stylists, massage therapists, ultrasound technicians, etc. etc.
Oh the community college I went to did. I was able to transfer every single credit to a 4 year college. I worked my butt off and was able to graduate in 3 years total. Only had $13K in student loans for my Bachelor's degree. And the 52 hours I took at the community college for the 1 year I was there cost me almost nothing because of grants/scholarships, and I lived at home.
I did a lot of research before I went to college and I triple checked that credits would transfer before taking classes. Maybe stuff is different in Texas, but a lot of people I know did it the same way that I did and saved a crap ton of $.
That was the exact same thing my offspring did. It did not transfer. I agree with your approach to higher education. I view higher education as not more than a pure scam today. Especially with covid. The engineering students I have been around know far less than farmers do. Texas is all about diversity now. It's sad. Congratulations by the way.
Indeed it's a scam... I went for two years, my wife finished out hers, granted at a different university than when we started. Nothing works the way it's supposed to. I've heard horror stories where even if you go to the 4 year school the entire time they can just up and change requirements/not offer a final required class so you have to come back an extra semester and spend $10k more to still be considered a full time student for financial aid purposes etc. The advisors are absolutely fucking useless as they are supposed to guide students on credit requirements for programs they don't understand at all.
It's a bunch of bullshit. There are only a few careers that are worth the hassle and years of debt anymore.
Advisors push new students into 18 hour semesters knowing that those students will withdraw, or drop out, and they still get paid. College administrations are on par with used car lots. Both have salesmen that fuck you.
I graduated with two STEM degrees and years later decided I wanted to go back to university for something in the medical field. Found a school with an amazing program and reached out about it. I also had medical background from the SOCM program while I was in the Army and prep from the Special Forces Medical Sergeant (18D) prep and sustainment courses. Documentation in hand.
Ummmm yeah we are going to require you to start over as a freshman and not a degree transfer student as we feel all students need to attend the introduction to college and general education classes.
We need to gauge how well you can handle an environment where you might encounter stresses.
Not everyone is cut out for college.
Hmmmm yeah was your college a true regionally accredited institution?
(This one pissed me off the most as my university was a large state school which was part of a state institution that had over 1 million students attend annually between undergraduate and graduate as well as over 2 million adult education students)
I mean university is hard.
I hold a degree in computer science and went back for mathematics. Graduated Summa Cum Laude both times. Started off as part of a pre-med program initially and had the transcripts to show an A in my bio, chem, physics etc classes. Had documentation from the Army showing schools, programs, ATRRS correspondence courses, all that fun stuff. Official transcripts, letters of recommendation, references - they didn’t bother looking at any of that, ignored my questions and tried to pitch it to me as if I were an incoming freshman (this was a private university so they knew some sucker would bend over and take it) who would need to pay for extra semesters full of bullshit courses.
Really made me fed up with advisors and the idea of the continuing education system.
Oh that's horrible that the credits didn't transfer!!! I forgot to take into account that I graduated in 2009, so location and time could factor into this. Higher education is a scam if you get a philosophy/gender studies/art degree lol... if you get a degree that can actually earn you a decent income, I think it's fine. A lot of people are wasting money on useless degrees. I believe it comes from the lie that we are told in high school that you need to get a degree, any degree because it's better than not having one... which isn't true at all. It's all about getting the proper education/training/certification that will allow you to make a decent living.... so step one is figuring out what you want to do and step two is choosing the best path to get there. (Degree, vocational training, certification, apprenticeship, etc.)
They went to a accredited community college to get the basic stuff taken care of cheaper. UT did not accept the credits. The price of college is ridiculous today. It's a stem degree.
That's atrocious!!!!!! And I agree the prices are outrageous. The gov't needs to stop guaranteeing loans! That is a huge part of the problem. Colleges can keep raising their tuition rates because 18 year olds are guaranteed as much $ as they need for whatever degree they are getting. Just awful. I'm truly sorry your offspring has had to deal with that.
They are getting a real education, and working thru it. I could not be prouder. It is eye opening. High schools need to be teaching trades instead of the fluff marxists bullshit. College is over rated today.
Yup. It was nuts. I took 13 hours fall semester followed by a 3 hour winter mini mester over Christmas break. Then I took 16 hours fall semester and a 3 hour maymester, and I took 17 hours over the summer while working full time. And I did it all with dial-up internet and some online classes. It was insane. I basically had no life.
Company I work for provides $10k a year for education, was here for 11 years before I decided to take advantage of it. Got my degree and absolutely nothing changed for me. At least I have one box checked off for the HR filters.
Or in the case of a few people I know, they knew their aspirations in life werent going to make them a shit ton of money, so they kept the debt low and worked hard for scholarships. No need to owe 100k to be making $60k with a 75-80k ceiling.
No one is happy to pay off W and Obamas wars. But neither are we happy to subsidize wasteful spending on a shit degree so Becky can have a college experience
My family worked and we all scrimped and saved and paid our own college. Can I get a $50,000 refund now since they are giving away money? I could have taken out loans for school and used that other money for a car, vacations, etc instead of tuition. But no. I used my money for tuition and gave up some stuff. These dead beats can forgo vacations now and pay off their own debt.
I went to community college for all of my prerequisite courses, and then finished my degree at a major university. I am debt free... I get so pissed when these entitled little kids think that because they chose to go to an ivy league school, and now cannot afford rent, I should not have to pay their student loans off for them...
I share the same view on college debt. The burden of debt forgiveness should be on the institution that created the debt under the false pretense of providing a well paying job.
That way they'll be forced to teach things that provide students with actual careers, not careers at McDonalds or Starbucks. Say goodbye to genderstudies, political science, critical race theory, etc.
College is practically a scam that radicalizes students and then puts them under immense debt so they see no other option than to support a communist revolution
The root of the problem is that the government secured student loans and drove the tuition cost up. Govt shouldn't be involved in education in the first place.
The second problem is cultural where we've downplayed the importance and relevance of good, stable, blue collar jobs like welders & plumbers. We've convinced a generation that college is the only path to success, which is such a lie, and I have a degree.
I'll admit I didn't see that big picture when I was 18 and filling out FAFSA paperwork. Just thought that's what you're supposed to do. Par for the course.
they indoctrinate you. They tell you that college is the only way, and that you need to go. I've known people who wanted to go to trades, but the teachers and counselors pressured them and their parents about "college". They start from a very young age too.
And they think 'the rich will pay for it'...no, they wont.
Not to mention this whole 'free school for all' thing is just a psyop to create propaganda/programming facilities that almost everyone willfully attends.
Had a guy work for me a few years ago that I stayed in touch with via FB (I do that with most former employees of mine)
He wasnt exactly smart but wasnt a complete dum dum. He learned things well enough but would do doofus moves sometimes. Anyway, he was an alright guy; leaned right. Early 20s. Well he quits to go to school full time and winds up about two months ago defending pedos on a FB post.
Dude went from working in construction and moderately based to saying pedophilia is a legit sexual orientation in two years of college.
I had a job with some real obnoxious liberal fuck. Our company was big on giving back to the community, so I signed our workgroup up for Habitat for Humanity for a day, thinking it would be nice to get moving around and do something as a team for the day. The lefties were whining within an hour(too hot, too heavy, too much noise). We were there at the end of the build, loudest thing going was a cordless drill and occasionally the "thunk" of a finishing nailgun. They ended up complaining about feeling uncomfortable because the carpenter volunteering with us had a Trump sticker on his truck, so they wouldnt have to come back again. May have been partially my fault, because I put the whiners with the older lady building a small retaining wall in the garden, I think they were expecting to pose with a hammer and maybe paint something, not actually do labor for 8 hours.
If this story doesnt absolutely nail it, I dont know what does.
Similar experience with every single Liberal/Leftist Ive ever known. They dont donate, they dont volunteer, they dont do anything to help people out of the goodness of their hearts. Maybe thats why they want it to be legislated; they cant wrap their head around people like us that actually do all of these things and dont photograph it or humblebrag online about it. Point is, every single one of them is lazy and selfish.
One of the ones I worked with was a site supervisor but also did all of the work-work when there wasnt a large scale task to do requiring multiple people. This happened (the large scale task) about once a week or so. Well, he would stand there slurping down a 2 liter of mountain dew and eating candy bars while the rest of us damn near killed ourselves trying to keep up with a very fast paced deal. And he counted as one of the people that was supposed to be doing the work when the job was scheduled, so he basically stuffed his face and did nothing while we worked a man down.
We both work in the office now and he's still so lazy he will often try to get out of just making a simple phone call. Like seriously dude, call your fucking client. It takes like 5 min if theyre talkative, two min if its all business.
With the internet and the ability to research which degrees are the most practical for various job markets, students have no one to blame but themselves if they choose some dummy major that's worthless in the real world.
Lesson learned by these idiots.
Everything they did in college is costing them in the long run.
Absolutely disgraceful that they expected the rest of us to pick up their tab.
Really, what makes them think this is OK?
No one in their right mind should of taken gender studies in the work place.
To tell you the truth, I really don't care if these people are crushed.
Only they are on the hook for it.
Consequently, we are smart enough NOT to pay their bullshit fuck around time.
Obviously they are pissed off about it.
Dumbasses.
Everyone of them is an idiot.
Open comment to the idiots wanting their student loan debts paid off....
Yeah - I went to college, got a degree.
Assumed no debt. Worked restaurant jobs to get me through.
Got out - ta dah!!! The Democrat Authored/passed Windfalls Profits Tax destroyed the oil industry I studied to get in.
Welcome useless STEM degree. Welcome lots of debt to get back on feet.
Welcome retooling, re-education. Assume no more extra debt than I can afford.
Pay off debts. Go on to become a research lab monkey and top-notch analytical chemist.
Sorry you have so much debt. You should know, a LOT of us get handed a plate of shit sandwiches, and our only choice is mustard or mayo on those sandwiches.
Got a useless degree? Lots of debt?
Welcome to my life. Welcome to the lives of a lot of us.
Get jobs, re-tool, and get moving.
Maybe you don't get your dream job. But you can get those debts paid off.
That's right, Smarty pants, you won't be finding me sympathetic to the idea of giving your parents my money so that your loans can get paid off. Get you loving parents to pay them for you.
If ya think you REALLY have to have your hand in someone else's pocket to live...well, you can have this one-way ticket to Venezuela, Cuba, North Korea, or China, where they do that sort of thing.
But be careful though - there are a lot of locals that won't tolerate you cutting in line ahead of them.
idk, you're being a bit hyperbolic; and it would be my guess you're just a bit jaded. If you have a stem and were working at a level it would be useful in oil, there is no reason your stem skills wouldn't transfer to absolutely anything else that requires a bit of education.
It seems more like their brainwashing has worked on you.
Maybe I'm a bit hyperbolic; then again, maybe not. I was talking subject matter - not absolute skill sets.
When I finally got a break and hired into a science lab - the one previous to me in that position for a few years...had nothing more than an art degree.
Very little of my geophysics /signal processing degree factored into the career I eventually did have. My logic, deductive/inductive thinking, and critical thinking skill sets? My work ethic?
Absolutely factored greatly.
However, no university offers a degree in "critical thinking". Many universities DO offer things useless things like "race and gender intersectional studies".
My point must have been missed on you. Allow me to fill in some cracks.
Most of those in my area of the country that are whining about outlandish amounts of student debt - have 2 points:
1 - a degree in a field with no job prospects (which I did have as well), and
2 - their willingness to finance their way via student loans, instead of going the harder route of scholarships, basic education grants, and good ol' fashioned hard work.
The first one can be just a function of bad luck (mine was). Others, though, absolutely CHOOSE to pursue a degree that's nothing more than an ego-stroking virtue signal; and are genuinely angry that there wasn't an open job market to match their degree.
When life gets painful enough, you begin looking for something that pays the bills. In most cases there are choices out there. However, they all come dressed in work clothes, with task lists and hard work as obligatory - something many people today just have no desire for.
The second choice is sheer ignorance and catering to the ego. This point is completely avoidable. Someone along the way - parents, friends, education system, or maybe all of them - failed to teach them that accumulating high debt cripples your chances at real success.
Yet, things like pay-as-you-go, and delayed gratification are so very out-of-style today.
But degrees one see no job prospects in, and debt, are things that can be overcome with a change in thinking and hard work.
There is absolutely NO reason to reach into MY pocket just because someone else made some really poor choices in life, and doesn't want to do the hard work of character development in overcoming those obstacles.
I have two bachelor's degrees and have paid off both, finance and IT so not some bullshit useless degrees either. No, these idiots don't get to have free education, I really really really don't give a fuck. You signed up for it, it's your problem, not mine.
90% of these people used loans to subsidize partying and a perpetual state of drunkenness. Fuck em'/ I dropped out and avoided the debt. Now I should pay for some one elses? Why is it full bore forgiveness we are talking about anyway? what about eliminated interest or allowing bankruptcy?
Alternative simple solution to the student debt crises, make the colleges pay for fraudulent advertising. After all the degree had less value than they claimed it did. Even the art degrees claim to be preparing them for adult life. Clearly false advertising. The colleges owe the money back.
IMO the only way to fix this shit is to make the universities have skin in the game. While I know most here don't like government involvement, we've already crossed that line when Obamacare made taxpayers liable for all this debt.
I've long suggested a system where school loans the money, potentially borrowing it themselves from the fed, like a correspondent lender does. Then they are the ones that loan the money, they are required to keep the loan on their books and if the money isn't paid back in 20 years the debt is forgiven and they eat whatever loss is there. If it's paid back in less than that, they get whatever interest was earned as well as whatever profits were made.
If you do the terms and regs right, real quick you'd have schools questioning whether or not the person would be able to pay it back or not. That electronics or engineering degree could be a pretty profitable investment. The shitty degree in feminist dance theory, that won't ever pay for itself... well they better be willing to put a big down payment to ease the risk. And that right there would be an immediate wake up call for any young student.
It's one thing when every career path appears to be equal when the money is free; it's another when you gotta fork over a big chunk of cash because everybody knows you're gonna be a deadbeat and the school that's about to teach you useless skills is effectively admitting up front they won't be worth jack shit.
Once the schools themselves have their own profits tied to the future of their students, I think you'd see a very different attitude arise towards higher education. One that was less predatory and instead was more selfishly symbiotic.
Would be interesting to see schools take a % of future income for a set period of time. Similar to job agencies and other places that train you.
I bet feminist trash would go down the shitter awfully quick once schools realize that they're no longer incentivized to sell as much useless crap (i.e. gender studies degrees) as possible because kids will buy it.
Fuck forcing the working class to foot the bills of the children of white collar executives and government workers so they can party for 4 years while they work on degrees in gender studies and other bunk that qualifes them to work at Starbucks.
How about instead of tackling college, we figure out how to fix the freaking public schools so the kids come out learning more than how to hate America while they eat and/or huff their glue?
You either work with your child early to get them ahead so they can get a 4.0 and a high ACT to get those merit scholarships, or you find somewhere to pay for your degree. Hospitals will pay for nursing if you agree to work for them for a while. I know of some engineering fields that have a few that do the same. Cant be the only sectors. Bonus you have a guaranteed job when you get out.
Since you can't default on a student loan, meaning bankruptcy won't save you, you'd think they only would give out loans to people who would go on to be able to pay it back.
But I guess they get enough partial payments from all the idiots with useless degrees that it makes it viable way to make money.
And the fact that student loans now can ONLY come from the Government means there's no competition for rates or payment schemes.
Why tf should I pay for someone's shit liberal arts degree? Why should anyone support you while you go and act like a drain on society? Why should conservatives pay for glorified liberal reeducation camps?
If we want to lower tuition costs then maybe there should be investigations into the prices these colleges charge, or people should just go to smaller schools and bleed the big colleges dry. All we would accomplish by having taxpayers pay off all student debt would be rewarding the college management for their stupidly high costs. Plus, once the taxpayers start automatically paying it off then the colleges would undoubtedly skyrocket their prices because they would get paid no matter what.
As someone that has almost 10k in loan debt left (and for a non-accredited certificate that's worth little more than toilet paper) I'd be pretty upset if my debt was forgiven. It was my mistake and I'm paying for it like a decent person does. I expect everyone else to do the same and you will never make me feel guilty for expecting that.
I went to college and agree 100 %
I agree and went to college 100%
I’m 100% and college went to me.
I'm me and 100% went to college
I'm Joe Biden and 100% of colleges I'm went to you know the thing man
I'm Hunter Biden and I went to college to smoke crack and get jobs I'm 100% not qualified for.
I'm the big guy and 10% went to me
Beat me to it.
Hi college, I'm dad!
10% for the big guy though
No 10% for the big guy?
I college too!
💯🍿🥜🐓🦠🐥😏
Username checks out 😅
At first, I only went 20% to college, but at least it paid 100% for me. (That was a rough year for my family.)
So, I went 100% to community college & paid 100% for whatever wasn't free.
Then I went 50% to university college, & it paid 50% for me.
Finally, I went to graduate school, & it paid 200% for me!
Now I'm fully educated, and I'm 100% debt free! :)
What about those people who went to College and paid off their Student Loans? Do they get a refund?
I dropped out of College after the First Semester and went to work directly in the IT Industry. 20 years later, I am still working there (but without the College Degree and Student Loans).
I legit just finished paying off my student loans last month. It wasn't much due to financial aid and scholarships but still. They can't just change the rules of the game when it would be so unfair to people who are responsible with their degree and money.
Lesbian sculpture?
They'd still be racist.
We went in to a car dealership to buy a very nice, well maintained, lower mileage used car that was a few years old. With cash (well...a check). As we were sitting there, you could overhear the other people making very, very, very bad financial decisions. They were being talked into...and agreeing to...5, 6, 7 year long bad decisions for themselves or getting their young adult child into one by cosigning a loan. One person was taking out a lease on a car...was going to be paying more than we did for our used one we get to keep. They're only worried about if they can swing a payment.
I hear you.
You sir, are a grade A sucker. Aka an honest working man.
I worked full time and paid my way through college, got an IT job unrelated to my degree, and retired early.
I know a lot of people who have one degree and went another direction. If you're able to not pigeon hole yourself you succeed.
NO REFUNDS!
I agree, but I only went to college like 80% of the time
metoo and I paid that shit back!
I went to college and also agree 100%! I worked my way through college and paid off my own student loans. After paying for my own education and saving to pay for my kids' college, now I have to pay for everyone else's too? Fucked up.
Likewise. Woked my way through college, got one child through debt free, working on two now. We all made sacrifices. And these fucktards wanna walk away from their debt?
Its one thing to talk about making college cheap or free in the future, but to absolve people of debt they agreed to is fucking stupid.
That might be a great way to frame the argument, float a proposal to make it free in 5 years, with new college grads footing the bill. Then see if they support it.
You were so close.... fuck you is the correct response.
I got a GED and I agree 100%
I had to stop when I couldn’t afford it 100%. I turned out fine with a good job and No debt
E X A C T L Y
i paid off my debts in three years. do i get a refund?
ffs. this pede knows.
You are clearly not Biden’s demographic. He courts criminals and the irresponsible.
Because diversity is our strength!
Don't forget civil war vets you bigot!
It was Elizabeth Warren who said that.
I had to join the military to pay for my education. Guess I’m the sucker.
Pay it back, you stupid bastard.
The problem is that these people are studying completely worthless and stupid shit like "gender studies", then wonder why they can only get jobs flipping burgers, although they are "college educated". To top it off, they want people with families who work from 9 to 5 to pay for it.
Absolutely disgusting.
I chose to enter the workforce directly and not accrue debt. Now you’ll take the money I made working, and give it to someone who made the poor decision to party for four years in a dance therapy program. Wanna guess when I stop paying taxes?
agree my pede. they need you. you sure as fuck dont need them.
student debt scam is just a way to launder more money into the pockets of crooked communists working at universities
they charge $40,000 for a useless gender studies degree, and then the government funnels that money to the "teachers" that didnt teach anything of value.
Yeah and it is the daughter of a conservative who pays for the degree. He is just glad she is studying something.
I know girls doing gender studies. All their dads have shitloads of money and cover the costs.
It took a college education for her activate a can of pressurized whipped cream?
This song seems appropriate...
Counts as art.
He should have just bought her a franchise with that money.
Lmao apparently everyone hates edible arrangements. I always thought they looked cool but back when I worked security, I had a woman call me and complain that it was just terrible and that I needed to tell them to come back and take it back from her. I said ma'am, they have already left the gate and that is between you and them. She sounded disgruntled and hung up. To this day, i still have no idea what is so offensive about receiving an edible arrangement. But apparently I do not want one.
All of these things are cyclic as criminals are ousted from one industry.. or pillage it to the point of ruin or collapse and like vultures relocate to another corpse for fresher feeding when the first has been picked clean.
In 2008 it was the real-estate backed 'financial crisis' and loans being forcibly extended to people who wouldn't ever pay them back. The bank sector and real-estates collapsed and I've heard estimates that the scale of this crime was in the realm of $100T once all the financial instruments and derivates that were a means of hiding the losses would be called to account. Besides the financial ruin, it wiped out and destroyed large numbers of suburbs as unemployable drug dealers and criminals used their loans (that they should never have gotten) to buy houses in nice neighbourhoods.. that after a while were not nice any more. And then the real-estate speculators have a nice feeding trough to go to town on. Bill Clinton by the way was the guy responsible for this more than anyone else alive.
After that was an energy/petroleum based bubble, war and escalating hostilities in the middle east and military spend to go along with that, and all the moaning about peak oil, the kicking off of fracking, the subsequent wiping out of all fracking companies as OPEC started to sell oil at a loss. Another massive crime wave that the speculators moved into. And the effect again, instability in the middle east and north africa, the 'arab spring', refugees swarming, the end of gadaffi and mubarak, the rise of ISIS and muslim brotherhood.
The education sector is where the crime went to next.. Massive increases in loans and coupled with the 'nondischargable debt' rules that were locked into place that keeps all these purple-haired gender non-conforming idiots tethered to loans they wont pay back. The rise of all the fraud degrees like gender studies, black studies, the marxist critical race theory, professors illiterate in their own fields, the diversity industry, unrest and racial intolerance and escalation of violent crime across all universities. And the chickens are coming home to roost on all this shit now with antifa/blm trained criminals ravaging the streets.
I think election rigging and fake/news media is the 4th great crime wave in this sequence. Done by the same people, for the same reason as all the others.
Your comment is what should be on the MSM. I hope you look at a career in journalism.
Thanks for the kind words, my skills are in other areas. Then again, no-one ever thought that a band of people from all walks of life would randomly aggregate together to help save the world.. and here we are. On this timeline all things are possible.
Our founding father's did exactly that. They brought all walks of life together to fight against tyranny. They, and the people gave us the constitution. The only document that makes all things possible. You are skilled in the convaence of facts. Take it up as a hobby. This timeline needs leaders with multiple skills.
Universities ripping people off started long before 2008.
And the big RIP off going on now is in healthcare. That is where investors have been putting there money for the last decade. That is where people are getting Ritch and that is why healthcare is 30% of GDP.
You notice "urgent care centers" popping up all over the place. That is because in the Obama care legislation they started re-imbursing them 50% more than Dr offices, and most of the time they don't even have a Dr. on staff.
Same with mental health and all kinds of bull shit therapists. Insurance is mandated to cover so it is recession proof garaunteed money.
Rehab centers are already a big business and set to explode further. People making a shit ton of cash of it, and it doesn't work.
I forgot to include a rant about health care costs that are ever-escalating and all the in-built organised crime that makes a $2000 vial of something in the US cost only $5 in mexico. Health is always the go-to excuse for enforcement shenanigans and general tyranny too, well before covid was obamacare and the massive frauds that kicked off.
Certificates of need (aka state mandated and blessed monopoly abuse), crazy people wandering the streets and ranting about the 43rd gender and nazis while on as much meth and heroin as they can get their grubby hands on rather than getting help, and the medical proportions of GDP that are projected to grow and consume the entire economic output.. and still keep going.
Definitely a huge problem. $ are the incentive for almost all of the crimes unsurprisingly.. so need to remove the incentive and kill the crimes in the cradle.
Totally.
We are still in the student debt bubble. Not sure how it gets resolved. In way it’s very similar to the housing loan bubble from 2008.
admins make a shit load
some professors make a shit load
university prices have gone up 1000% percent in a decade or two, generally w/ students getting federal loans regardless of if theyll ever pay them back - meaning school admins ride off into the sunset with your money
You are just a cog in the wheel. Amenities, "special programs ", and sports ball teams make more than educators do. Education is backseat to the marxists resorts of modern day campuses. UTA ENGINEERS ARE GETTING FIRED FROM LOCKHEED FOR NOT KNOWING THE DEFINITION OF TORQUE.
What's UTA ? Is that affirmative action ?
Affirmative action is trade school. College is for foreigners.
For the most part. It's just another college that sold out to foreign influence. UTD is on a whole level above. Students there get harrassed for wearing cowboy boots. Harrassed for wearing cowboy boots in Texas. That is the big picture.
First time I went to college, I had five classes for 495 bucks. Last time I went, you weren't getting one class for that. After second semester I looked at how the price per credit hour broke down and I was actually paying a few bucks more for shit like athletic association, student govt, etc, than what I was paying for actual class. I was like, fuck this, I'm done.
Fun fact: Chief Diversity Officers make as much as $400,000 a year. Imagine making that kind of cash for getting offended all day.
There was one college...im thinking was in Illinois....posted their budget a while back. Had a several million dollar yearly budget for a diversity department. Not one that teaches...administrative only.
I think you mean "play-acting at being offended".
Good actors can earn good money - but they do belong in Hollywood. Outside Hollywood, they all it "fraud".
and those assholes usually end up with state jobs
If you got a college degree and don't understand that you have to pay back a loan, forfeit whatever underwater basket weaving degree they gave you.
And it’s like a 4% loan with very generous methods for pausing/deferring payment
Right.. payments have been optional since April. How are these people drowning in a sea of debt that has payments as optional?
They live right on the edge of their income, paycheck to paycheck, whether they're making low 5 figures or high 6 figures. My generation is, generally speaking, piss poor with money management. Meanwhile not only did I pay back my student loans, I did so while making the equivalent of a full-time minimum wage job, and nearly maxed out my ROTH IRA while doing so. Living on a tight budget is difficult, and those seeking student loan forgiveness do not want anything difficult.
To summarize: Entitlement!
Because two new video game systems, a new collection of Apple products, and a ton of other essential goods were released. Also it’s still pumpkin spice season and Starbucks is expensive. Can’t forget about weed too! Even the $6/grams add up after taxes.
That’s Gender Studies to you, xir! 😎
IT'S MA'AM!!
Based AND beautiful.
I went to college and I paid my loans off. My husband got an MBA and did it with NO student loans at all and with very limited parental help. Here's a tip, don't go rack up tens of thousands of dollars on an art degree from a private university.
Go to community college and transfer to a 4 year school. It's WAY cheaper that way. Do well in high school so you can get grants/scholarships. Work your way through college so you don't need as many loans. Don't change your major a dozen times and drag out college for 6+ years. And finally, Don't pick a degree that has no viable career path.
We need to bring vocational schools back to high school. You can make good money in many many trades. Machinists, mechanics, electricians, plumbers, hair stylists, massage therapists, ultrasound technicians, etc. etc.
Community colleges are a racket as well. Credits do not commute to college as advertised, and they hand out federal money like crazy.
Oh the community college I went to did. I was able to transfer every single credit to a 4 year college. I worked my butt off and was able to graduate in 3 years total. Only had $13K in student loans for my Bachelor's degree. And the 52 hours I took at the community college for the 1 year I was there cost me almost nothing because of grants/scholarships, and I lived at home.
I did a lot of research before I went to college and I triple checked that credits would transfer before taking classes. Maybe stuff is different in Texas, but a lot of people I know did it the same way that I did and saved a crap ton of $.
That was the exact same thing my offspring did. It did not transfer. I agree with your approach to higher education. I view higher education as not more than a pure scam today. Especially with covid. The engineering students I have been around know far less than farmers do. Texas is all about diversity now. It's sad. Congratulations by the way.
Indeed it's a scam... I went for two years, my wife finished out hers, granted at a different university than when we started. Nothing works the way it's supposed to. I've heard horror stories where even if you go to the 4 year school the entire time they can just up and change requirements/not offer a final required class so you have to come back an extra semester and spend $10k more to still be considered a full time student for financial aid purposes etc. The advisors are absolutely fucking useless as they are supposed to guide students on credit requirements for programs they don't understand at all.
It's a bunch of bullshit. There are only a few careers that are worth the hassle and years of debt anymore.
Advisors push new students into 18 hour semesters knowing that those students will withdraw, or drop out, and they still get paid. College administrations are on par with used car lots. Both have salesmen that fuck you.
Yup.
I graduated with two STEM degrees and years later decided I wanted to go back to university for something in the medical field. Found a school with an amazing program and reached out about it. I also had medical background from the SOCM program while I was in the Army and prep from the Special Forces Medical Sergeant (18D) prep and sustainment courses. Documentation in hand.
(This one pissed me off the most as my university was a large state school which was part of a state institution that had over 1 million students attend annually between undergraduate and graduate as well as over 2 million adult education students)
I hold a degree in computer science and went back for mathematics. Graduated Summa Cum Laude both times. Started off as part of a pre-med program initially and had the transcripts to show an A in my bio, chem, physics etc classes. Had documentation from the Army showing schools, programs, ATRRS correspondence courses, all that fun stuff. Official transcripts, letters of recommendation, references - they didn’t bother looking at any of that, ignored my questions and tried to pitch it to me as if I were an incoming freshman (this was a private university so they knew some sucker would bend over and take it) who would need to pay for extra semesters full of bullshit courses.
Really made me fed up with advisors and the idea of the continuing education system.
Oh that's horrible that the credits didn't transfer!!! I forgot to take into account that I graduated in 2009, so location and time could factor into this. Higher education is a scam if you get a philosophy/gender studies/art degree lol... if you get a degree that can actually earn you a decent income, I think it's fine. A lot of people are wasting money on useless degrees. I believe it comes from the lie that we are told in high school that you need to get a degree, any degree because it's better than not having one... which isn't true at all. It's all about getting the proper education/training/certification that will allow you to make a decent living.... so step one is figuring out what you want to do and step two is choosing the best path to get there. (Degree, vocational training, certification, apprenticeship, etc.)
Just my two cents...
They went to a accredited community college to get the basic stuff taken care of cheaper. UT did not accept the credits. The price of college is ridiculous today. It's a stem degree.
That's atrocious!!!!!! And I agree the prices are outrageous. The gov't needs to stop guaranteeing loans! That is a huge part of the problem. Colleges can keep raising their tuition rates because 18 year olds are guaranteed as much $ as they need for whatever degree they are getting. Just awful. I'm truly sorry your offspring has had to deal with that.
They are getting a real education, and working thru it. I could not be prouder. It is eye opening. High schools need to be teaching trades instead of the fluff marxists bullshit. College is over rated today.
52 hours in one year?
Yup. It was nuts. I took 13 hours fall semester followed by a 3 hour winter mini mester over Christmas break. Then I took 16 hours fall semester and a 3 hour maymester, and I took 17 hours over the summer while working full time. And I did it all with dial-up internet and some online classes. It was insane. I basically had no life.
I got my degree for free.
Company I work for provides $10k a year for education, was here for 11 years before I decided to take advantage of it. Got my degree and absolutely nothing changed for me. At least I have one box checked off for the HR filters.
BS in compsci btw, not gender studies.
Learn to code, they said
probably one of the best degrees to have in your back pocket
I got this pedes. I don't need your $$$. I'm almost paid off! Did it with my job. Here's the secret: Don't get a bullshit degree kids!
The smart college students don't need your help, we all went into fields that make money.
Or in the case of a few people I know, they knew their aspirations in life werent going to make them a shit ton of money, so they kept the debt low and worked hard for scholarships. No need to owe 100k to be making $60k with a 75-80k ceiling.
Fire. I fought in two foreign wars to pay for my college. Pay for yours you entitled turds.
Thank you for your service.
Thank you for your support. I love my job.
I went to college. I never graduated. I have 25k in debt.
According to me, It's my fault.
No one is happy to pay off W and Obamas wars. But neither are we happy to subsidize wasteful spending on a shit degree so Becky can have a college experience
My family worked and we all scrimped and saved and paid our own college. Can I get a $50,000 refund now since they are giving away money? I could have taken out loans for school and used that other money for a car, vacations, etc instead of tuition. But no. I used my money for tuition and gave up some stuff. These dead beats can forgo vacations now and pay off their own debt.
I went to community college for all of my prerequisite courses, and then finished my degree at a major university. I am debt free... I get so pissed when these entitled little kids think that because they chose to go to an ivy league school, and now cannot afford rent, I should not have to pay their student loans off for them...
Let the colleges pay it off with their endowments...
They are the ones profiting from these knobs.
I share the same view on college debt. The burden of debt forgiveness should be on the institution that created the debt under the false pretense of providing a well paying job.
That way they'll be forced to teach things that provide students with actual careers, not careers at McDonalds or Starbucks. Say goodbye to genderstudies, political science, critical race theory, etc.
College is practically a scam that radicalizes students and then puts them under immense debt so they see no other option than to support a communist revolution
The root of the problem is that the government secured student loans and drove the tuition cost up. Govt shouldn't be involved in education in the first place.
The second problem is cultural where we've downplayed the importance and relevance of good, stable, blue collar jobs like welders & plumbers. We've convinced a generation that college is the only path to success, which is such a lie, and I have a degree.
I'll admit I didn't see that big picture when I was 18 and filling out FAFSA paperwork. Just thought that's what you're supposed to do. Par for the course.
they indoctrinate you. They tell you that college is the only way, and that you need to go. I've known people who wanted to go to trades, but the teachers and counselors pressured them and their parents about "college". They start from a very young age too.
My dads old coworker has a son who does underwater welding. After depth pay, the guy is clearing $500-600k per year.
Brilliant dude as well.
According to the kid at the Starbucks window, that welder is probably an inbred hick who can’t read.
underwater welding > underwater basket weaving
But they did figure it out. Vote for someone that will make it go away.
Exactly. They are going to get what they want, and financially responsible people will pay for it. They are playing a different type of game.
And they think 'the rich will pay for it'...no, they wont.
Not to mention this whole 'free school for all' thing is just a psyop to create propaganda/programming facilities that almost everyone willfully attends.
Had a guy work for me a few years ago that I stayed in touch with via FB (I do that with most former employees of mine)
He wasnt exactly smart but wasnt a complete dum dum. He learned things well enough but would do doofus moves sometimes. Anyway, he was an alright guy; leaned right. Early 20s. Well he quits to go to school full time and winds up about two months ago defending pedos on a FB post.
Dude went from working in construction and moderately based to saying pedophilia is a legit sexual orientation in two years of college.
I had a job with some real obnoxious liberal fuck. Our company was big on giving back to the community, so I signed our workgroup up for Habitat for Humanity for a day, thinking it would be nice to get moving around and do something as a team for the day. The lefties were whining within an hour(too hot, too heavy, too much noise). We were there at the end of the build, loudest thing going was a cordless drill and occasionally the "thunk" of a finishing nailgun. They ended up complaining about feeling uncomfortable because the carpenter volunteering with us had a Trump sticker on his truck, so they wouldnt have to come back again. May have been partially my fault, because I put the whiners with the older lady building a small retaining wall in the garden, I think they were expecting to pose with a hammer and maybe paint something, not actually do labor for 8 hours.
If this story doesnt absolutely nail it, I dont know what does.
Similar experience with every single Liberal/Leftist Ive ever known. They dont donate, they dont volunteer, they dont do anything to help people out of the goodness of their hearts. Maybe thats why they want it to be legislated; they cant wrap their head around people like us that actually do all of these things and dont photograph it or humblebrag online about it. Point is, every single one of them is lazy and selfish.
One of the ones I worked with was a site supervisor but also did all of the work-work when there wasnt a large scale task to do requiring multiple people. This happened (the large scale task) about once a week or so. Well, he would stand there slurping down a 2 liter of mountain dew and eating candy bars while the rest of us damn near killed ourselves trying to keep up with a very fast paced deal. And he counted as one of the people that was supposed to be doing the work when the job was scheduled, so he basically stuffed his face and did nothing while we worked a man down.
We both work in the office now and he's still so lazy he will often try to get out of just making a simple phone call. Like seriously dude, call your fucking client. It takes like 5 min if theyre talkative, two min if its all business.
Oh god I’m gonna be using this one forever now
It's almost as if the government should get out of the loan game.
And 90% were useless degrees because the giant pyramid scheme of college made it so.
Trades is the way to go for 90% of people.
Source: am a physician
With the internet and the ability to research which degrees are the most practical for various job markets, students have no one to blame but themselves if they choose some dummy major that's worthless in the real world.
generally parents have to sign off on loans, in particular Parents Plus loans.
Yeah but that requires turning off their Nintendo Switch and opening up a tab other than Reddit or OnlyFans. Too much work.
Lesson learned by these idiots.
Everything they did in college is costing them in the long run.
Absolutely disgraceful that they expected the rest of us to pick up their tab.
Really, what makes them think this is OK?
No one in their right mind should of taken gender studies in the work place.
To tell you the truth, I really don't care if these people are crushed.
Only they are on the hook for it.
Consequently, we are smart enough NOT to pay their bullshit fuck around time.
Obviously they are pissed off about it.
Dumbasses.
Everyone of them is an idiot.
If those students want debt relief they should join the military like you did.
Open comment to the idiots wanting their student loan debts paid off....
Yeah - I went to college, got a degree.
Assumed no debt. Worked restaurant jobs to get me through.
Got out - ta dah!!! The Democrat Authored/passed Windfalls Profits Tax destroyed the oil industry I studied to get in.
Welcome useless STEM degree. Welcome lots of debt to get back on feet.
Welcome retooling, re-education. Assume no more extra debt than I can afford.
Pay off debts. Go on to become a research lab monkey and top-notch analytical chemist.
Sorry you have so much debt. You should know, a LOT of us get handed a plate of shit sandwiches, and our only choice is mustard or mayo on those sandwiches.
Got a useless degree? Lots of debt?
Welcome to my life. Welcome to the lives of a lot of us.
Get jobs, re-tool, and get moving.
Maybe you don't get your dream job. But you can get those debts paid off.
That's right, Smarty pants, you won't be finding me sympathetic to the idea of giving your parents my money so that your loans can get paid off. Get you loving parents to pay them for you.
If ya think you REALLY have to have your hand in someone else's pocket to live...well, you can have this one-way ticket to Venezuela, Cuba, North Korea, or China, where they do that sort of thing.
But be careful though - there are a lot of locals that won't tolerate you cutting in line ahead of them.
idk, you're being a bit hyperbolic; and it would be my guess you're just a bit jaded. If you have a stem and were working at a level it would be useful in oil, there is no reason your stem skills wouldn't transfer to absolutely anything else that requires a bit of education.
It seems more like their brainwashing has worked on you.
Maybe I'm a bit hyperbolic; then again, maybe not. I was talking subject matter - not absolute skill sets.
When I finally got a break and hired into a science lab - the one previous to me in that position for a few years...had nothing more than an art degree.
Very little of my geophysics /signal processing degree factored into the career I eventually did have. My logic, deductive/inductive thinking, and critical thinking skill sets? My work ethic?
Absolutely factored greatly.
However, no university offers a degree in "critical thinking". Many universities DO offer things useless things like "race and gender intersectional studies".
My point must have been missed on you. Allow me to fill in some cracks.
Most of those in my area of the country that are whining about outlandish amounts of student debt - have 2 points:
1 - a degree in a field with no job prospects (which I did have as well), and
2 - their willingness to finance their way via student loans, instead of going the harder route of scholarships, basic education grants, and good ol' fashioned hard work.
The first one can be just a function of bad luck (mine was). Others, though, absolutely CHOOSE to pursue a degree that's nothing more than an ego-stroking virtue signal; and are genuinely angry that there wasn't an open job market to match their degree.
When life gets painful enough, you begin looking for something that pays the bills. In most cases there are choices out there. However, they all come dressed in work clothes, with task lists and hard work as obligatory - something many people today just have no desire for.
The second choice is sheer ignorance and catering to the ego. This point is completely avoidable. Someone along the way - parents, friends, education system, or maybe all of them - failed to teach them that accumulating high debt cripples your chances at real success.
Yet, things like pay-as-you-go, and delayed gratification are so very out-of-style today.
But degrees one see no job prospects in, and debt, are things that can be overcome with a change in thinking and hard work.
There is absolutely NO reason to reach into MY pocket just because someone else made some really poor choices in life, and doesn't want to do the hard work of character development in overcoming those obstacles.
College is a scam.
I have two bachelor's degrees and have paid off both, finance and IT so not some bullshit useless degrees either. No, these idiots don't get to have free education, I really really really don't give a fuck. You signed up for it, it's your problem, not mine.
Yeah I have a masters I agree. I turned it into a 6 figure job. If you end up with a shitty job thats your problem.
90% of these people used loans to subsidize partying and a perpetual state of drunkenness. Fuck em'/ I dropped out and avoided the debt. Now I should pay for some one elses? Why is it full bore forgiveness we are talking about anyway? what about eliminated interest or allowing bankruptcy?
Alternative simple solution to the student debt crises, make the colleges pay for fraudulent advertising. After all the degree had less value than they claimed it did. Even the art degrees claim to be preparing them for adult life. Clearly false advertising. The colleges owe the money back.
agree with her...same with credit card debt etc...you borrow money, you pay it back.
I dunno, you can get a job as a "racism consultant" paying like $220K a year.
hey, there's only so many companies and schools to extort
Sadly, you really can.
IMO the only way to fix this shit is to make the universities have skin in the game. While I know most here don't like government involvement, we've already crossed that line when Obamacare made taxpayers liable for all this debt.
I've long suggested a system where school loans the money, potentially borrowing it themselves from the fed, like a correspondent lender does. Then they are the ones that loan the money, they are required to keep the loan on their books and if the money isn't paid back in 20 years the debt is forgiven and they eat whatever loss is there. If it's paid back in less than that, they get whatever interest was earned as well as whatever profits were made.
If you do the terms and regs right, real quick you'd have schools questioning whether or not the person would be able to pay it back or not. That electronics or engineering degree could be a pretty profitable investment. The shitty degree in feminist dance theory, that won't ever pay for itself... well they better be willing to put a big down payment to ease the risk. And that right there would be an immediate wake up call for any young student.
It's one thing when every career path appears to be equal when the money is free; it's another when you gotta fork over a big chunk of cash because everybody knows you're gonna be a deadbeat and the school that's about to teach you useless skills is effectively admitting up front they won't be worth jack shit.
Once the schools themselves have their own profits tied to the future of their students, I think you'd see a very different attitude arise towards higher education. One that was less predatory and instead was more selfishly symbiotic.
Would be interesting to see schools take a % of future income for a set period of time. Similar to job agencies and other places that train you.
I bet feminist trash would go down the shitter awfully quick once schools realize that they're no longer incentivized to sell as much useless crap (i.e. gender studies degrees) as possible because kids will buy it.
Little does she know, she’s the smarter one for choosing not to go to one of these liberal indoctrination machines.
Fuck forcing the working class to foot the bills of the children of white collar executives and government workers so they can party for 4 years while they work on degrees in gender studies and other bunk that qualifes them to work at Starbucks.
Not sure a degree in 18th century feminist yogurt weaving makes anyone smarter than the average lentil to be fair.
We already HAVE "free" education.
It's called public school!
And the kids can go for twelve goddamned years.
How about instead of tackling college, we figure out how to fix the freaking public schools so the kids come out learning more than how to hate America while they eat and/or huff their glue?
You either work with your child early to get them ahead so they can get a 4.0 and a high ACT to get those merit scholarships, or you find somewhere to pay for your degree. Hospitals will pay for nursing if you agree to work for them for a while. I know of some engineering fields that have a few that do the same. Cant be the only sectors. Bonus you have a guaranteed job when you get out.
True
Since you can't default on a student loan, meaning bankruptcy won't save you, you'd think they only would give out loans to people who would go on to be able to pay it back.
But I guess they get enough partial payments from all the idiots with useless degrees that it makes it viable way to make money.
And the fact that student loans now can ONLY come from the Government means there's no competition for rates or payment schemes.
Truth bomb goes BOOM.
(also, she's pretty. cue generic appreciative comment about conservative women)
Why tf should I pay for someone's shit liberal arts degree? Why should anyone support you while you go and act like a drain on society? Why should conservatives pay for glorified liberal reeducation camps?
If we want to lower tuition costs then maybe there should be investigations into the prices these colleges charge, or people should just go to smaller schools and bleed the big colleges dry. All we would accomplish by having taxpayers pay off all student debt would be rewarding the college management for their stupidly high costs. Plus, once the taxpayers start automatically paying it off then the colleges would undoubtedly skyrocket their prices because they would get paid no matter what.
I paid for my college out of my own pocket. No one helped me.
I’ve honestly read this tweet 10 times and I still don’t understand what she’s trying to say.
And before you question me, yes I went to college.
As someone that has almost 10k in loan debt left (and for a non-accredited certificate that's worth little more than toilet paper) I'd be pretty upset if my debt was forgiven. It was my mistake and I'm paying for it like a decent person does. I expect everyone else to do the same and you will never make me feel guilty for expecting that.