[Kenswing]

Just more wealth distribution crap.

[golfing eagles]

Originally Posted by JMintzer

Well, those $10,000,000 football coaches actually MAKE money for the schools, supporting the other sports that don't make any money, so...

But yeah, the tuition bloat is right in line with the ever increasing amount of government guaranteed loans one can take...

you mean a $10,000,000 coach can make money for the college, but a $2,000,000 coach can't????????

[golfing eagles]

Originally Posted by MartinSE

The government created the problem by making student loans available and NOT regulating the universities so they could not raise tuition in response. With the rise in tuition came the rise in salaries, and more. Universities became a profit center. And they devolved into the mess we have today - sort of like healthcare. Education and healthcare in my not so humble opinion have no business being businesses. They are investments in our country but improve productivity and competition with the rest of the world.

So, we screwed up, and we need to fix it. $2T of debt is a serious burden that students are carrying because our government screwed up. They were told over and over growing up - "YOU HAVE TO HAVE A COLLEGE DEGREE TO SUCCEED". Then they looked into it and found that would cost them $10's of thousands per semester, no way you can work you way through college anymore unless you are a politician or an investment banker, and if you ware you don't need a college degree.

I love the comparisons to the 1960's - LOL! Seriously? You could go to college in the state you were a resident and most of the time it was free or a few hundred to a thousand per semester. Yup, you could flip burgers and pay that.

I personally think we should regulate state universities so any resident can go to college (or community college) for free. Anyone wanting to go to a private or ivy league university can pay the price for it.

And I personally would rather the government spend $2T of my tax dollars forgiving ALL the student debt and canceling the program, than they did throwing away $4T fighting a war for 20 years in Afghanistan without telling the military how they were supposed to win it. Or another $5T throwing money at COVID and having 1/2 of it stolen.

Let's see help our children or fight an endless war with can't win? Hmm. hard choices.

And there you have it. Welcome to the United Socialist States of America

[jebartle]

Originally Posted by MartinSE

The government created the problem by making student loans available and NOT regulating the universities so they could not raise tuition in response. With the rise in tuition came the rise in salaries, and more. Universities became a profit center. And they devolved into the mess we have today - sort of like healthcare. Education and healthcare in my not so humble opinion have no business being businesses. They are investments in our country but improve productivity and competition with the rest of the world.

So, we screwed up, and we need to fix it. $2T of debt is a serious burden that students are carrying because our government screwed up. They were told over and over growing up - "YOU HAVE TO HAVE A COLLEGE DEGREE TO SUCCEED". Then they looked into it and found that would cost them $10's of thousands per semester, no way you can work you way through college anymore unless you are a politician or an investment banker, and if you ware you don't need a college degree.

I love the comparisons to the 1960's - LOL! Seriously? You could go to college in the state you were a resident and most of the time it was free or a few hundred to a thousand per semester. Yup, you could flip burgers and pay that.

I personally think we should regulate state universities so any resident can go to college (or community college) for free. Anyone wanting to go to a private or ivy league university can pay the price for it.

And I personally would rather the government spend $2T of my tax dollars forgiving ALL the student debt and canceling the program, than they did throwing away $4T fighting a war for 20 years in Afghanistan without telling the military how they were supposed to win it. Or another $5T throwing money at COVID and having 1/2 of it stolen.

Let's see help our children or fight an endless war with can't win? Hmm. hard choices.

Or the trillion in WEALTH TAX forgiven, grrrr! It's a no Brainer, assist a struggling student or a CEO trying to decide which multi-million dollar yacht to buy, daaah!

[Jayhawk]

Make student loan debt dischargeable in Bankruptcy or cancel interest if you must, but no way should a $10,000 or $20,000 (in Pell Grant cases) LOAN be forgiven. There needs to be accountability. My kids went to state universities and got a great education. NO LOANS. They worked, we worked and saved, and made sacrifices and choices. Too much student loan money goes for beer and pizzas. The responsible people paid back, the others get a free pass.

[Tvflguy]

Originally Posted by Jayhawk

Make student loan debt dischargeable in Bankruptcy or cancel interest if you must, but no way should a $10,000 or $20,000 (in Pell Grant cases) LOAN be forgiven. There needs to be accountability. My kids went to state universities and got a great education. NO LOANS. They worked, we worked and saved, and made sacrifices and choices. Too much student loan money goes for beer and pizzas. The responsible people paid back, the others get a free pass.

Spot on. These handout programs, especially this one is a disincentive for personal responsibility. And as someone here said wealth redistribution. And worse, will be a huge hit for more inflation.

I’ve heard from news sources that many are terribly disappointed that it’s not $50,000 each or a complete payoff. What a joke. Our poor country (literally). Uncle Sam is not only broke, he (WE) owe over $30 Trillion. We’re on the road of Rome. Sad.

[Keefelane66]

Can someone explain to me why Joel Osteen, who’s church doesn’t pay taxes, got a PPP loan with our tax money?

[retiredguy123]

Originally Posted by Jayhawk

Make student loan debt dischargeable in Bankruptcy or cancel interest if you must, but no way should a $10,000 or $20,000 (in Pell Grant cases) LOAN be forgiven. There needs to be accountability. My kids went to state universities and got a great education. NO LOANS. They worked, we worked and saved, and made sacrifices and choices. Too much student loan money goes for beer and pizzas. The responsible people paid back, the others get a free pass.

My parents paid for my college education. No loans. But, I did drink a lot of beer and ate a lot of pizza.

I disagree with those who say you don't need a college degree. I hate to admit it, but, with a college degree, you can get a Government job and be set for life. No intelligence or competence required, just the piece of paper. The dumber you are, the more you need a college degree.

[Keefelane66]

Originally Posted by golfing eagles

And there you have it. Welcome to the United Socialist States of America

Unfair to people who don't live in hurricane zones to constantly bail out people who live along the Gulf Coast.

[Keefelane66]

Originally Posted by golfing eagles

And there you have it. Welcome to the United Socialist States of America

And what about the wheat farmers? Why should we help them out when I’m allergic to gluten?!?

[Keefelane66]

Originally Posted by golfing eagles

And there you have it. Welcome to the United Socialist States of America

how many times we bail out big business on the backs of the working American People. The very same people that couldn't afford a car, a plane ride or even a bank loan. How about the oil/gas industries? But don't bail out the working class poor But, let's bail out the rich?

[golfing eagles]

Originally Posted by Keefelane66

Unfair to people who don't live in hurricane zones to constantly bail out people who live along the Gulf Coast.

I wish I knew what you are thinking

[Keefelane66]

It’s interesting how many Christians are angry about student loan forgiveness when their savior literally died on a cross to cancel their debts.

[MartinSE]

Originally Posted by Keefelane66

It’s interesting how many Christians are angry about student loan forgiveness when their savior literally died on a cross to cancel their debts.

Best post this year.

[golfing eagles]

Originally Posted by MartinSE

Best post this year.

Not really. Christ also said "render unto Caeser that which is Caeser's"
You borrowed it---you pay it back. These deadbeats should just be glad they borrowed from Uncle Sam and not Rocco the loan shark.