Posted on 08/22/2015 7:09:57 PM PDT by SeekAndFind
The big story is not the kids not repaying their loans, but the severe downsizing of academia when loans are granted depending on ability to repay after graduation.
Three children. Three student loans. November 2014 all paid off. If they start forgiving student loans then I want a rebate on my three. It’s only fair and for the children
Oh yeah, that too.
whatever
So did they go to the local Community College, or did they just have to go to the Big School?
The loan debts would be much lower if colleges universities were boycotted by students. This would force the universities to offer courses mainly related to a persons major rather than the forcing of PC classes which have nothing to do with the students chosen major. In that respect state techs and community colleges usually win hands down. They work to serve students & meet their basic needs minus PC nonsense rather than to keep dozens of liberal propagandist professor Marxenhiemers on tenure till their retirement.
The interest on student loans is not tax deductible.
Many of the kids that do pay are learning a hard lesson on what a bunch of thieves run your government’s loan program.
Agree. Students most likely did not take the loans out with the intention of not paying them back. Those students intended on getting jobs in their fields, but the job market is abyssmal.
Women’s studies. Why bring that up? What makes people think normal graduates aren’t struggling to repay?
I believe that after 20 years, the loan will be discharged and taxed as income. But that may not be entirely correct.
but i do agree with your point
You are not alone. This on the track to punishing those who paid there way. Our youngest son had to earn every diploma he got. Was in the top one percent and got a full tuition to a private 4-year school, based on academics. In graduate school now with no money from parents again. Getting 20k a year from the school. This is short of a miracle cause he’s a he, white male and no minority blood.
Very true. I was lucky in that I was able to get grants, scholarships, and only needed less than 7 K in loans. I was able to pay mine off in a couple years.
LAST the federal givernment needs is MORE MONEY....
it’s like a drug.. worse than a drug..
They get the MONEY FROM US...
like drug addicts DO..
The real problem is allot of graduates in Science and engineering are working at Starbucks as well as Business majors. 75% of college graduates in STEM are not working in STEM. Lots are working at Krogers’.
The biggest problem with free things is they are worth less than you pay for them.
Are you sure he isn’t a Native American.
I know a blond haired blue eyed Native American who went through School on Minority scholarships and landed a big time job at Harvard as a Minority College Professor. She even became a U.S. Senator.
Giving money and power to government is like giving whiskey and car keys to teenage boys.
P. J. O’Rourke.
“Whatever”.
Brilliant retort there. Did you think of it all by yourself or did you have help?
Borrowing is not the “only” way to pay for college. There are these things called “jobs”. Maybe you’ve heard of them. One could get one of these job thingies, get a paycheck thingy, and then use the money to pay for the classes one could afford.
I know I’ll regret asking this but what, pray tell, did your dead beat friend get her degree in?
L
If they just move to India and change their names, I’m sure that they would have a job rather quickly with those degrees.
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