[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.

Unlike those that took out a student loan, people who live in "hurricane zones" didn't sign a contract with the weather gods to have a hurricane wipe them out.

[Speedie]

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.

Dream on. In the 60s I could not attend college because I had to work 12 hrs a day. But i bought my first house at 22, always paid for my car loan and insurance. Raised a family that never missed a meal. Finally at ago 40 I went to college while working a full time job at night shift and paid for all the college bills. I now have a masters degree all paid for by me with hard work.
Now I am going to be taxed to pay for others that choose to sign up for big loans and never intended to pay the money back.
This is stealing money from some to pay for others that made bad choices

[Speedie]

Originally Posted by golfing eagles

Unlike those that took out a student loan, people who live in "hurricane zones" didn't sign a contract with the weather gods to have a hurricane wipe them out.

And for gulf coast people to pay for west coast fires and midwest floods

[jimbomaybe]

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.

Education like just about anything else has costs so there will be a busines aspect to it, the expenditure has to be worth the expense , Blomberg has it that half of 25 year old's do not work in their field of study, many stories about large student debt and low paying jobs after graduation, yes changes in the economy but poor or no real planning for the most part, who should suffer for that? more government control ? ah the future !! the efficiency of the post office and the compassion of the IRS. I paid my kids tuition, they picked their own path, they had long talks with the Bank of Dad before any money was committed, six figure education and a low five figure job does not compute .

[golfing eagles]

Originally Posted by Speedie

And for gulf coast people to pay for west coast fires and midwest floods

Which is why that person’s post was, hmmm, how to be polite——less than fully intelligent

[golfing eagles]

///

[Carla B]

Originally Posted by retiredguy123

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.

Now that's an interesting viewpoint and there's probably truth to it. I do wonder why in this day and age so many people feel the need for a college degree. They, and us, would be much better off monetarily if they trained to be skilled craftsmen, like electricians, plumbers and HVAC technicians. But that would require hard work.

[coralway]

let me paraphrase Kate Burns on this subject, where apparently those of a particular political persuasion are against this student loan cancellation. Just pretend its a tax cut for the rich that you also never got but mysteriously didn’t complain about.

[MartinSE]

Originally Posted by Speedie

Now I am going to be taxed to pay for others that choose to sign up for big loans and never intended to pay the money back.
This is stealing money from some to pay for others that made bad choices

I am just curious how ma ny of the millions that have student loans you talked, since you seem to KNOW they never intended to pay it back.

Yeah, and we steal money to pay for hi ways that I never drive own. That is a LAME statement. Education benefits everyone. Most industrialized countries in the world today make college/university free to all - because it benefits all. What we did wrong was to make the rich richer, instead of simply making state universities non-profit. Predatory capitalism is the downfall of the US not socialism, which we have very little of.

[MartinSE]

Originally Posted by jimbomaybe

Education like just about anything else has costs so there will be a busines aspect to it, the expenditure has to be worth the expense , Blomberg has it that half of 25 year old's do not work in their field of study, many stories about large student debt and low paying jobs after graduation, yes changes in the economy but poor or no real planning for the most part, who should suffer for that? more government control ? ah the future !! the efficiency of the post office and the compassion of the IRS. I paid my kids tuition, they picked their own path, they had long talks with the Bank of Dad before any money was committed, six figure education and a low five figure job does not compute .

Mosty industrialize nations have free education through college. It does not have to be a business. We now have $2T worth of student debt and the only people that seem to have benefited are the rich. The government is on the hook for those loans, it have been cheaper to simply provide state run non-profit universities. And let the rich go to private ivy league schools if they want to pay.

[MartinSE]

Originally Posted by Carla B

Now that's an interesting viewpoint and there's probably truth to it. I do wonder why in this day and age so many people feel the need for a college degree. They, and us, would be much better off monetarily if they trained to be skilled craftsmen, like electricians, plumbers and HVAC technicians. But that would require hard work.

There is significant evidence that today college (at it's current insane cost) is not cost effective and community colleges and apprenticeships are far more cost effective.

[retiredguy123]

Originally Posted by Carla B

Now that's an interesting viewpoint and there's probably truth to it. I do wonder why in this day and age so many people feel the need for a college degree. They, and us, would be much better off monetarily if they trained to be skilled craftsmen, like electricians, plumbers and HVAC technicians. But that would require hard work.

LOL. How would you like to be a master plumber or electrician and read all of the TOTV posters who want to hire a handyman because they are too cheap to pay for a professional? Government employees never have that problem because no one, except the Government, would pay them to do the little amount of work that they do.

[golfing eagles]

Originally Posted by MartinSE

I am just curious how ma ny of the millions that have student loans you talked, since you seem to KNOW they never intended to pay it back.

Yeah, and we steal money to pay for hi ways that I never drive own. That is a LAME statement. Education benefits everyone. Most industrialized countries in the world today make college/university free to all - because it benefits all. What we did wrong was to make the rich richer, instead of simply making state universities non-profit. Predatory capitalism is the downfall of the US not socialism, which we have very little of.

Originally Posted by MartinSE

Mosty industrialize nations have free education through college. It does not have to be a business. We now have $2T worth of student debt and the only people that seem to have benefited are the rich. The government is on the hook for those loans, it have been cheaper to simply provide state run non-profit universities. And let the rich go to private ivy league schools if they want to pay.

My initial response was "unbelievable", but I guess those posts were expected, I'll just say "res ipsa loquitur"

Now here's are two really great things about our CAPITALISTIC DEMOCRACY:

1) There IS very little socialism

2) This country is not a prison. Those who want to wallow in failure with those living in a European style socialist crap hole are free to leave.

[Aces4]

Originally Posted by Speedie

And for gulf coast people to pay for west coast fires and midwest floods

Paying for Midwest floods, like where?

[retiredguy123]

Originally Posted by MartinSE

There is significant evidence that today college (at it's current insane cost) is not cost effective and community colleges and apprenticeships are far more cost effective.

I would like to see the evidence. I was a Federal Government employee for 35 years, hired out of college with nothing more than a college degree. No experience. I had job security, great benefits, and a very generous pension. I believe that I made a lot more money than any apprenticed tradesperson, and did a lot less work. I have been retired for 15 years, and have received almost as much money in pension income than I made in the 35 years I was employed. The only thing I did was to go to college for 4 years and had a great time doing it. I would never recommend that a young person pass up the opportunity to get a 4 year college degree in exchange for learning a skilled trade. It may not be fair, but having a college degree can be a ticket to success, even if you are not very smart. Just my opinion.