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I don't have strong feelings either way. My son owed about $20K in a low interest loan. He got a good paying job and now owes less than $5K. He will pay it off sooner rather than later, but neither of us would feel bad if the rest of the loan were forgiven.
They are going to give our money away anyway. I'd rather see young adults in their 20-30's trying to get a leg up in life get it than the millionaire's who don't need it.
There were 12 or 13 congressmen who got a combined $16 million in PPP loans forgiven. That works out to over $1 million each in free money for them. But all of them voted no to forgive an average loan of $10K for someone else.
Most people don't really want the truth.
They just want constant reassurance that what they believe is the truth.
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Good, I paid my student loan and don't want to be paying for others. The problem is that there are so many people who got student loan and get a degree where it does not pay well or there are three graduates for every two jobs. I say get a degree in something that pays and there are jobs available. Also there is nothing wrong with trade school or on the job training if it is going to produce.
I remember hearing of a guy that worked with the city sewer. Literally a chitty job. But he was paid a lot better that someone who got a degree in a field that did not have jobs.
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This isn't just kids - 8.4 million Americans age 50 and older held $336.1 billion of student loan debt in 2020 - almost a quarter of the total.
WFT. Pay off your loans asshats. You've had 90% of your productive life to do it.
Si Vis Pacem, Para Bellum
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The net effect of the SCOTUS ruling is this: 87% of taxpayers will not have to foot the bill for the student loans of the 13% who owe the money.
But this was never really about forgiving the loans of those who owe the money. It was about setting a precedent to eventually enable anybody who wants to further their education past 12th grade to do so completely at taxpayer expense.
And that really isn't about having a more educated populace. It's about propping up the college and university faculty and administrators that are facing looming layoffs over the next decade as enrollment drops due to demographic and employment shifts.
If it were not for foreign students paying big bucks (usually supplied entirely or at least partially by their governments), many colleges and universities would have to face some very hard fiscal choices already.
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I don't have strong feelings either way. My son owed about $20K in a low interest loan. He got a good paying job and now owes less than $5K. He will pay it off sooner rather than later, but neither of us would feel bad if the rest of the loan were forgiven.
They are going to give our money away anyway. I'd rather see young adults in their 20-30's trying to get a leg up in life get it than the millionaire's who don't need it.
There were 12 or 13 congressmen who got a combined $16 million in PPP loans forgiven. That works out to over $1 million each in free money for them. But all of them voted no to forgive an average loan of $10K for someone else. I do have strong feeling about this. Great that your son is stepping up to his responsibility, instead of putting it on the rest of us. I didn’t ask anyone to pay off my student loan and I sure as hell do not want to pay for others loans. This issue is not complicated, though some want to portray it as such. The Supreme Court made a “common sense” decision.
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It is not right to ask your neighbor to pay off a loan that you signed up for. That simple.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
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You know the dhimmicrats and RINOs have a works around.
Sam......
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If someone has a degree in something useful, that might be worth society paying for it.
But those with unpaid student loans are the ones who studied useless leftist BS.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway The man who makes no mistakes does not usually make anything.-- Edward John Phelps
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If someone has a degree in something useful, that might be worth society paying for it.
But those with unpaid student loans are the ones who studied useless leftist BS. AND, they do that. Drs and maybe lawyers, and others, with debt, can spend a certain amount of time working in areas/regions where their profession is under represented, or there is a specific need, and their remaining debt is paid for..... But you don't see those offered for Political Science, or Journalism degrees.....
"...A man's rights rest in three boxes: the ballot box, the jury box and the cartridge box..." Frederick Douglass, 1867
( . Y . )
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If we want to do something positive for the nation and for those seeking employment, provide zero interest student loans for Trade Schools. At least they will have a paying job when they graduate.
But that's not what the progressives want. They want to preserve and perpetuate socialist ideology. You don't find that in a Trade School.
Si Vis Pacem, Para Bellum
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The Bidet is going to make a National Specticle, speech, at 3:00. More attempts to buy votes with my money. Suck it up, you borrw, it is a lan, pay it back.
Maybey "The Big Guy" will pay up, some of his ill gotten loot.
“To expect defeat is nine-tenths of defeat itself. It becomes a self-fulfilling prophecy. It is best to plan for all eventualities then believe in success, and only cross the failure bridge if you come to it." Francis Marion - The Swamp Fox
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But you don't see those offered for Political Science, or Journalism degrees..... My 34 year old unmarried niece with poly sci degree is living in a house, rent free, owned by her parents. That is in 2023. I have a brother with an economics degree. In 20 years he made one house payment to my father. That was settled in 2011. My uncle made no house payments to my grandfather. That was settled in 1960. We have bums in our own family.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway The man who makes no mistakes does not usually make anything.-- Edward John Phelps
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If we want to do something positive for the nation and for those seeking employment, provide zero interest student loans for Trade Schools. At least they will have a paying job when they graduate.
But that's not what the progressives want. They want to preserve and perpetuate socialist ideology. You don't find that in a Trade School. My son and I started discussing possible career paths for him when he was a freshman in high school. After Biden was installed in the White House, one of my son's top options, the military, was crossed off the list. During his junior and senior years, he split his time between regular high school classes locally, and taking HVAC courses at the Technical High School in Indianapolis. He graduated last month, and was already certified with OSHA and EPA for HVAC. He took one week off, then started his job (starting pay $24/hr) as an HVAC technician working for a local commerical HVAC contractor in Indianapolis. He is probably two hundred thousand dollars ahead by doing that instead of delaying adulthood by going to a four year college and piling up debt.
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Also, an engineering degree ain't worth now what it was thirty years ago.
Companies are importing thousands of engineers from India who think $45,000 is a lot of money...
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If we want to do something positive for the nation and for those seeking employment, provide zero interest student loans for Trade Schools. At least they will have a paying job when they graduate.
But that's not what the progressives want. They want to preserve and perpetuate socialist ideology. You don't find that in a Trade School. My son and I started discussing possible career paths for him when he was a freshman in high school. After Biden was installed in the White House, one of my son's top options, the military, was crossed off the list. During his junior and senior years, he split his time between regular high school classes locally, and taking HVAC courses at the Technical High School in Indianapolis. He graduated last month, and was already certified with OSHA and EPA for HVAC. He took one week off, then started his job (starting pay $24/hr) as an HVAC technician working for a local commerical HVAC contractor in Indianapolis. He is probably two hundred thousand dollars ahead by doing that instead of delaying adulthood by going to a four year college and piling up debt. Congratulation to both of you. We need lots more like Mike Rowe Works Foundation https://mikeroweworks.org/ to show that a liberal arts education is a fast track to poverty. Working with your hands is a fast track to making a living and improving your plot in life.
Si Vis Pacem, Para Bellum
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If we want to do something positive for the nation and for those seeking employment, provide zero interest student loans for Trade Schools. At least they will have a paying job when they graduate.
But that's not what the progressives want. They want to preserve and perpetuate socialist ideology. You don't find that in a Trade School. My son and I started discussing possible career paths for him when he was a freshman in high school. After Biden was installed in the White House, one of my son's top options, the military, was crossed off the list. During his junior and senior years, he split his time between regular high school classes locally, and taking HVAC courses at the Technical High School in Indianapolis. He graduated last month, and was already certified with OSHA and EPA for HVAC. He took one week off, then started his job (starting pay $24/hr) as an HVAC technician working for a local commerical HVAC contractor in Indianapolis. He is probably two hundred thousand dollars ahead by doing that instead of delaying adulthood by going to a four year college and piling up debt. Congrats to your son. However, one can easily go to college, (not Yale Harvard etc) work part time and accumulate very little debt. And with the right degree, start at $75K plus. Nothing wrong with a trade job, but a college degree is attainable for most of us, and if chosen wisely, can be lucrative.
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Nothing more than academic reparations using taxpayer money.
Makes those who couldn't afford it and those who honored their obligations a gullible schmuck.
Efem....all of 'em.
For even when we were with you, we gave you this rule: "If a man will not work, he shall not eat."
2 Thessalonians 3:10
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My student loans totaled $12k in 1986 when I graduated. That was a lot of money to me back then.
P
Obey lawful commands. Video interactions. Hold bad cops accountable. Problem solved.
~Molɔ̀ːn Labé Skýla~
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My two daughters, had available to them a Lottery based scholarship, you maintain a certain GPA, the State pays for your tuition.....
'Our deal' was you maintain the grades, tuition is covered by the State, we'll cover living, lose the grades YOU cover tuition.......
One got sick and had to repeat a semester, that's the ONLY tuition that I covered for TWO Bachelor Degrees.... + some books......
We said the first 4 years is on us, the rest is on you......
Youngest got a Masters in Public Health, not a barn burner in the $$$$ department, went on to PA School, now works at an Emory cancer clinic...
Oldest Business and Finance major, CFO for several companies, now mostly free lance, her goal was 'to make more than the Old Man when he retired' - she does!
I am blest.....
Last edited by Muffin; 06/30/23.
"...A man's rights rest in three boxes: the ballot box, the jury box and the cartridge box..." Frederick Douglass, 1867
( . Y . )
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As a bonus, SCOTUS has done more to reduce the Fed budget with this action, than Congress has in 2 years....
"...A man's rights rest in three boxes: the ballot box, the jury box and the cartridge box..." Frederick Douglass, 1867
( . Y . )
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