ozimoron Posted July 1, 2023 Share Posted July 1, 2023 8 minutes ago, AgMech Cowboy said: Don't buy the MSM and Democrat's trash and dung. Got any evidence that's not the case? I insist that it is. 1 Link to comment Share on other sites More sharing options...
Popular Post KhunLA Posted July 1, 2023 Popular Post Share Posted July 1, 2023 (edited) 7 hours ago, Jingthing said: Imagine approaching retirement age and still owing on student loans. If you got a college education, and you can't manage your budget to pay off a $17k USD student loan, then you surely wasted your time & money on a college degree. From the link (apparently few read): "Federal reserve data shows that the median student loan is about $17,000. About 17% of borrowers owe less than $10,000, while about 7% owe over $100,000." The price of a just OK new car, and I bet many have one of those sitting in their driveway. Pay your damn student loan ... ???? Edited July 1, 2023 by KhunLA 2 1 1 Link to comment Share on other sites More sharing options...
stevenl Posted July 1, 2023 Share Posted July 1, 2023 I am in favour of the debt relief, but think it was executed the wrong way Having said that, I believe the states should have had no standing here. 1 1 Link to comment Share on other sites More sharing options...
Skeptic7 Posted July 2, 2023 Share Posted July 2, 2023 Probably the only decision this current illegitimate, un-Supreme Court has made with which I concur. When I was college aged, I realized then that I could not afford, nor want to be saddled with, such a debt load. It's called taking responsibility and living within ones means. Had I taken the loans, I would have repaid them on-time, every time. Never made a late payment or bounced a check. So didn't go to college, retired at 59 with a credit rating of 813. Suck it up buttercups❗ 1 1 Link to comment Share on other sites More sharing options...
Emdog Posted July 2, 2023 Share Posted July 2, 2023 "The percentage of adults in the U. S. between the ages of 25 to 64 with college degrees, certificates, or industry-recognized certifications, has increased from 37.9% in 2009 to 53.7% in 2021.." from Forbes. Don't know how many took out loans, but must ask why should 47% of adults without degrees have to pay off debts of those who got degrees, and allegedly higher income as a result? What might be fair is for Congress to pass a bill giving every high school graduate a $10,000 grant towards further education. Could be used at technical/trade school. non degree ed as well as traditional colleges. High school diploma just isn't enough in today's world. I have a BBA and a masters. I never expected the government to forgive my debts. However, that was a long time ago and the $125 a term would now be $903. Figures for in state tuition/fees per years (Oregon) are now $24,000+.... ouch! college tuitions by state Link to comment Share on other sites More sharing options...
Popular Post pomchop Posted July 2, 2023 Popular Post Share Posted July 2, 2023 I think maybe a program where u go to school and IF you work for xx years as a teacher or nurse or cop etc that xx percent gets forgiven for every year you work....USA is desperate for more teachers who make peanuts already...surely there are other critical occupations where a good carrot might encourage more to go into these jobs? Seems way too many go head over heels in debt majoring in philosophy or similar things where jobs are few and far between so good luck ever getting out of debt if that is your choice. 2 1 Link to comment Share on other sites More sharing options...
Popular Post KhunLA Posted July 2, 2023 Popular Post Share Posted July 2, 2023 (edited) 1 hour ago, pomchop said: I think maybe a program where u go to school and IF you work for xx years as a teacher or nurse or cop etc that xx percent gets forgiven for every year you work....USA is desperate for more teachers who make peanuts already...surely there are other critical occupations where a good carrot might encourage more to go into these jobs? Seems way too many go head over heels in debt majoring in philosophy or similar things where jobs are few and far between so good luck ever getting out of debt if that is your choice. Fed already has the program set up to do just that. Student gets reimbursed up to $10k a year, $60k total reimbursement if needed. Used as a recruitment tool for many employers. Even better, if poor and can't afford college, their are Fed grants you can apply for .... Grants = no pay back ... free college. USA - Land of Opportunity ... IF motivated. More than enough 'hand ups', no need for 'hand outs' to those that don't need, or won't work for it. Edited July 2, 2023 by KhunLA 3 1 Link to comment Share on other sites More sharing options...
onthedarkside Posted July 2, 2023 Share Posted July 2, 2023 Post with off topic unsupported claims removed Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 2 hours ago, Emdog said: "The percentage of adults in the U. S. between the ages of 25 to 64 with college degrees, certificates, or industry-recognized certifications, has increased from 37.9% in 2009 to 53.7% in 2021.." from Forbes. Don't know how many took out loans, but must ask why should 47% of adults without degrees have to pay off debts of those who got degrees, and allegedly higher income as a result? What might be fair is for Congress to pass a bill giving every high school graduate a $10,000 grant towards further education. Could be used at technical/trade school. non degree ed as well as traditional colleges. High school diploma just isn't enough in today's world. I have a BBA and a masters. I never expected the government to forgive my debts. However, that was a long time ago and the $125 a term would now be $903. Figures for in state tuition/fees per years (Oregon) are now $24,000+.... ouch! college tuitions by state "What might be fair is for Congress to pass a bill giving every high school graduate..." that gets a 1200 on the SAT "...a $10,000 grant towards further education..." anything they want. The government guarantying the loans just drive up the cost of education up. Forgiving (or talking about forgiving) the loans (clearly pandering for votes) dissuades people from paying back the loans. Notice how this comes every election cycle, we'll be hearing about the minimum wage again soon. 1 1 Link to comment Share on other sites More sharing options...
Popular Post novacova Posted July 2, 2023 Popular Post Share Posted July 2, 2023 On 7/1/2023 at 9:26 AM, Tug said: That sucks!another blow to the working class almost seems like a certain class is trying to keep their foot on the working class’s collective necks meanwhile justice Thomas and alito take their perks with their rich pals just rotten! Working class? Lazy irresponsible beggar class is more like it! Rich and rotten? Yes whilst being scammed and ripped off by the so called “Democrats” in which there is nothing is democratic about them. ???? 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post novacova Posted July 2, 2023 Popular Post Share Posted July 2, 2023 (edited) 15 hours ago, stevenl said: I am in favour of the debt relief, but think it was executed the wrong way Having said that, I believe the states should have had no standing here. Wrong. The Idea of being an American is self ownership independence self reliance. NOT dependence on government. Something that a lot of non US citizens and unfortunately many US citizens are incapable of conceiving. Edited July 2, 2023 by novacova 2 1 Link to comment Share on other sites More sharing options...
ThailandRyan Posted July 2, 2023 Share Posted July 2, 2023 Seems some folks are not real happy with the issue, either here on the forum or in the US. https://www.npr.org/2023/07/01/1185327143/student-loan-forgiveness-supreme-court-reactions Friday's Supreme Court decision striking down President Biden's student loan cancellation plan has left a lot of borrowers wondering: Where do we go from here? "I would say Congress needs to pass this, but that's not going to happen," says Graeme Strickland, a 25-year-old borrower in Raleigh, N.C. "It's become a culture war around this issue. And like, this is my income. This affects the money I'm able to spend on groceries." Strickland attended the University of North Carolina, Chapel Hill, as an in-state student. In order to attend, he had to take out roughly $30,000 in federal loans, which is on par with the national average for a bachelor's degree from a public institution. Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 3 minutes ago, ThailandRyan said: Seems some folks are not real happy with the issue, either here on the forum or in the US. https://www.npr.org/2023/07/01/1185327143/student-loan-forgiveness-supreme-court-reactions Friday's Supreme Court decision striking down President Biden's student loan cancellation plan has left a lot of borrowers wondering: Where do we go from here? "I would say Congress needs to pass this, but that's not going to happen," says Graeme Strickland, a 25-year-old borrower in Raleigh, N.C. "It's become a culture war around this issue. And like, this is my income. This affects the money I'm able to spend on groceries." Strickland attended the University of North Carolina, Chapel Hill, as an in-state student. In order to attend, he had to take out roughly $30,000 in federal loans, which is on par with the national average for a bachelor's degree from a public institution. Yes, I don't doubt the people that borrowed the money want everyone else to pay it back, and they are not real happy that their "welfare" has been delayed. Dude (Graeme Strickland) is only 25 years old and has not even tried to pay it back. "And like, this is my income. This affects the money I'm able to spend on groceries." Poor dude. He's 25, has a bachelor's degree and owes $30K and he's begging. Don't worry Graeme, the left will save you! $30K is a low-end new car, I wonder what "Graeme" is driving... 1 Link to comment Share on other sites More sharing options...
Purdey Posted July 2, 2023 Share Posted July 2, 2023 (edited) Admittedly, I don’t understand why a country charges so much for an education that kids are indebted their whole life. I always assumed that education was a way of giving kids a start in life, so they could later get jobs and help the economy and development of the nation. There are countries that provide free education you know, including most of Western Europe, Slovenia (foreigners can get free education) and others. Why are the military, police and fire service considered free services but not schools? Edited July 2, 2023 by Purdey Link to comment Share on other sites More sharing options...
stevenl Posted July 2, 2023 Share Posted July 2, 2023 23 minutes ago, novacova said: Wrong. The Idea of being an American is self ownership independence self reliance. NOT dependence on government. Something that a lot of non US citizens and unfortunately many US citizens are incapable of conceiving. I disagree with you therefore your opinion is wrong. Unfortunate that you're incapable of conceiving differences of opinion. 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 Just now, Purdey said: Admittedly, I don’t understand why a country charges so much an education that kids are indebted their whole life. I always assumed that education was a way of giving kids a start in life, so they could later get jobs and help the economy and development of the nation. There are countries that provide free education you know, including most of Western Europe, Slovenia (foreigners can get free education) and others. Why are the military, police and fire service considered free services but not schools? The country does not charge for education. Education in the US is compulsory and "free" K-12. If someone robs you, the police will respond for "free" If you need extra security at your concert, the police charge you. Everyone is at risk of being robbed. Everyone does not go to the concert. Everyone goes K-12 Everyone does not go to university. If we (the US) want to make university education "free" make it compulsory as well. Link to comment Share on other sites More sharing options...
Purdey Posted July 2, 2023 Share Posted July 2, 2023 1 minute ago, Yellowtail said: If we (the US) want to make university education "free" make it compulsory as well. I was think more along the lines of giving everyone an opportunity even if they are dirt poor. My university education was free as a kid and it really helped me as my parents were too poor to pay. 1 Link to comment Share on other sites More sharing options...
stoner Posted July 2, 2023 Share Posted July 2, 2023 would be interesting to see a breakdown of those looking for relief and the degree they received in university. 1 Link to comment Share on other sites More sharing options...
Purdey Posted July 2, 2023 Share Posted July 2, 2023 33 minutes ago, Yellowtail said: If someone robs you, the police will respond for "free" If you need extra security at your concert, the police charge you. Equally so; If you use the University for your education it should be free. If you need a private tutor you should pay for it. Link to comment Share on other sites More sharing options...
JackGats Posted July 2, 2023 Share Posted July 2, 2023 This loan forgiveness plan was yet another transfer of wealth from men to women (women studying for Mickey Mouse degrees). You borrow money, you later pay it back, period. 2 Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 4 minutes ago, Purdey said: Equally so; If you use the University for your education it should be free. If you need a private tutor you should pay for it. You think that everyone that wants to go to university should be allowed to go for free, or do you think they should have to score a minimum on a test of some kind? 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 7 minutes ago, Purdey said: Equally so; If you use the University for your education it should be free. If you need a private tutor you should pay for it. Do you think the people that do not need the private tutor should have to pay for the private tutor the people that need private tutoring use? Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 22 minutes ago, stoner said: would be interesting to see a breakdown of those looking for relief and the degree they received in university. Indeed Link to comment Share on other sites More sharing options...
ozimoron Posted July 2, 2023 Share Posted July 2, 2023 9 minutes ago, Yellowtail said: You think that everyone that wants to go to university should be allowed to go for free, or do you think they should have to score a minimum on a test of some kind? Rich people don't have to pay interest on student loans because they don';t have to take them out. Hence the inequality. Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 1 minute ago, ozimoron said: Rich people don't have to pay interest on student loans because they don';t have to take them out. Hence the inequality. Rich people will take out loans when the government starts forgiving loans, and once it's "free", it will be free for them as well. Do you think that everyone that wants to go to university should be allowed to go for free, or do you think they should have to score a minimum on a test of some kind? Link to comment Share on other sites More sharing options...
ozimoron Posted July 2, 2023 Share Posted July 2, 2023 (edited) 11 minutes ago, Yellowtail said: Rich people will take out loans when the government starts forgiving loans, and once it's "free", it will be free for them as well. Do you think that everyone that wants to go to university should be allowed to go for free, or do you think they should have to score a minimum on a test of some kind? It the student loan forgiveness program isn't available for rich people. And nobody gets into university without minimum test scores. Admission policies are off topic here, this topic is about student loan forgiveness, not some far right talking points. Edited July 2, 2023 by ozimoron Link to comment Share on other sites More sharing options...
Pink Mist Posted July 2, 2023 Share Posted July 2, 2023 A post using an edited quote has been removed. Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 34 minutes ago, ozimoron said: It the student loan forgiveness program isn't available for rich people. Only a tiny fraction of high school graduates and others that apply for student loans are rich. 34 minutes ago, ozimoron said: And nobody gets into university without minimum test scores. Not true, many universities do not require you take a test to get in, including but not limited to Harvard University, Stanford University and Columbia University. 34 minutes ago, ozimoron said: Admission policies are off topic here, this topic is about student loan forgiveness, not some far right talking points. Indeed. Link to comment Share on other sites More sharing options...
ozimoron Posted July 2, 2023 Share Posted July 2, 2023 Just now, Yellowtail said: Only a tiny fraction of high school graduates and others that apply for student loans are rich. Not true, many universities do not require you take a test to get in, including but not limited to Harvard University, Stanford University and Columbia University. Indeed. As I sadi but you missed the point, rich students don't even apply for student loans and therefore never have to pay them back with interest. Inequality. Universities that don't have an entrance exam still rely on high school exam results. Same thing. Link to comment Share on other sites More sharing options...
Yellowtail Posted July 2, 2023 Share Posted July 2, 2023 3 minutes ago, ozimoron said: As I sadi but you missed the point, rich students don't even apply for student loans and therefore never have to pay them back with interest. Inequality. Why would a rich parent pay for tuition if their poor child can borrow the money and not pay it back? Unless you have piles of cash hidden in your basement, whether you borrow money to pay for something, or pay for it directly, you are still effectively paying interest. If one pays cash for something, they lose the growth they would otherwise have earned from the investment, yes? It's called the time value of money. Surly you've heard of this. Would it not make more sense to end the educational tax deductions the greedy rich benefit from? 3 minutes ago, ozimoron said: Universities that don't have an entrance exam still rely on high school exam results. Same thing. I would support 100 "free" university education for everyone if entrance was based purely on academic meritocracy, you? Assuming you show up most of the time, I do not believe there are exams you have to pass to graduate from the typical US public high school. Of course, if you show up most of the time you will likely have to take some tests and what not, but because the tests are all racist I think they have been largely eliminated. 1 Link to comment Share on other sites More sharing options...
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