Student Loans Topic

“How dare anyone but me get something”
12/16/2020 8:21 PM
if you can't pay on time

don't sign on the line
12/16/2020 8:51 PM
Posted by Uofa2 on 12/16/2020 8:21:00 PM (view original):
“How dare anyone but me get something”
what i would give em

is $10K a year for every year they serve in the military until the debt is paid

should they choose to serve in the military

or the right to go bankrupt

like any other sad sack bought too big a truck and lost his job debtor
12/16/2020 10:43 PM
But think of the gender studies majors! Professional victims are professionals too!
12/16/2020 11:07 PM
Posted by bagchucker on 12/16/2020 8:18:00 PM (view original):
free tuition is a non-starter in my book

as is paying off the loans of deadbeats



the price of college is about ten times what it should be

so i the selfish boomer taxpayer want no part of it



find a cheaper college

pay your bills

keep my social security coming
A++ for this one bags.
12/16/2020 11:48 PM
I'm 80% sure that bags is being sarcastic in that post. But you never know with the boomers on WIS.
12/17/2020 12:25 AM
Personally, I just want America to be better. If that means taxing super wealthy people to benefit 99% of the country, I will absolutely do it.

It's a pretty easy decision. A marginal hindrance on a small minority of people and a great benefit to everyone else.
12/17/2020 12:27 AM
Posted by tangplay on 12/17/2020 12:25:00 AM (view original):
I'm 80% sure that bags is being sarcastic in that post. But you never know with the boomers on WIS.
nope

12/17/2020 2:37 AM
*******
12/17/2020 2:39 AM
Cockmunch
12/17/2020 2:59 AM
Posted by tangplay on 12/17/2020 12:27:00 AM (view original):
Personally, I just want America to be better. If that means taxing super wealthy people to benefit 99% of the country, I will absolutely do it.

It's a pretty easy decision. A marginal hindrance on a small minority of people and a great benefit to everyone else.
So you want to punish success to help those who didn't have the drive to achieve said success. OK.
12/17/2020 11:12 AM
Posted by tangplay on 12/16/2020 5:50:00 PM (view original):
Yes, statistics and anecdotes CAN be misleading. I agree. Thanks for arguing against yourself. Your sample size of one means nothing.

Not every business major is the same as you. I have proven that over 20% of business majors default on their student loans. Yet, instead of just admitting that you were wrong, your current position is that no one of the 20% supports student debt forgiveness. You said engineers aren't asking for debt forgiveness. Yet ~18% default on their student loans.

It's ok to be wrong. Sorry.
I was not a business major. I was pre-law. I got an MBA however. Not the same as business major. How many MBAs default? 18% is a very low # and many engineers like business majors also try to start their own companies. So they may default but eventually become successful and pay back their loans. If the default rates are so high then maybe the debt givers should rethink their methodologies. Hmmmm....
12/17/2020 11:14 AM
Posted by cccp1014 on 12/17/2020 11:12:00 AM (view original):
Posted by tangplay on 12/17/2020 12:27:00 AM (view original):
Personally, I just want America to be better. If that means taxing super wealthy people to benefit 99% of the country, I will absolutely do it.

It's a pretty easy decision. A marginal hindrance on a small minority of people and a great benefit to everyone else.
So you want to punish success to help those who didn't have the drive to achieve said success. OK.
You aren't punished for success. You're providing more opportunities to achieve success. Being rich will still be better than being poor.
12/17/2020 11:32 AM
Posted by cccp1014 on 12/17/2020 11:14:00 AM (view original):
Posted by tangplay on 12/16/2020 5:50:00 PM (view original):
Yes, statistics and anecdotes CAN be misleading. I agree. Thanks for arguing against yourself. Your sample size of one means nothing.

Not every business major is the same as you. I have proven that over 20% of business majors default on their student loans. Yet, instead of just admitting that you were wrong, your current position is that no one of the 20% supports student debt forgiveness. You said engineers aren't asking for debt forgiveness. Yet ~18% default on their student loans.

It's ok to be wrong. Sorry.
I was not a business major. I was pre-law. I got an MBA however. Not the same as business major. How many MBAs default? 18% is a very low # and many engineers like business majors also try to start their own companies. So they may default but eventually become successful and pay back their loans. If the default rates are so high then maybe the debt givers should rethink their methodologies. Hmmmm....
You suggested, clearly, that a much higher % of arts majors fail to pay back student loans than business majors. That is NOT TRUE. Furthermore, you suggested that business majors and workers do not want debt forgiveness. It's fair to say that this isn't true either.

You're doubly wrong on this topic. Can you at least admit that?
12/17/2020 11:34 AM
Borrowing is the PROBLEM here.

I'm really not sure when this "concept" of borrowing money to attend college became fashionable or "common", but THAT'S the problem here.

NO ONE in the mid 1800's borrowed money to attend school. Fact is no one borrowed money for much of anything.
The good book advises strongly against either borrowing or lending money.
THAT is solid advise.

Somewhere along the line students bought into the concept of financing their educations on a LOAN!!
WRONG!

Wyatt Earp studied Law. Had to give it up. Had to feed himself and family. Studying Law didn't pay the bills.

ONLY the elites/wealthiest of us used to be able to afford higher education.
Most of us decided that wasn't really equitable.
College was good for the middle class and poor too!
BUT, paying for it?? Not on our Taxes? Not then? No politician would say that.......... then.
So. FINANCING became the ticket. Let's let the masses BORROW for college.
More like let's enslave the stupid on the idea we're gonna make 'em smart.
Obviously......... they needed smartening up. But saddling them with college loans was an expensive lesson that benefitted VERY FEW of them.
And has created a nightmare issue. HOW can you possibly forgive "student debt" thereby freeing up 1000's of folks from their own stupid decision and be fair to all the responsible citizen students who attended and graduated college WITHOUT amassing debt they couldn't afford to pay back??

I don't think that THAT is possible.
What are you going to do for those students to level out the playing field?
I personally know 2 graduate students (one with a PHD, the other a Masters) who finished their higher education with ZERO dollars owing to student loans.
How it is fair to them to reward the personally irresponsible and NOT render the responsible unfairly disadvantaged?

I don't think it is.
That's why there can be NO government paid for student loan debt forgiveness.
It's rewarding the unwise and slapping the brightest in the face!
12/17/2020 11:36 AM
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