Posted on 07/11/2020 12:19:16 AM PDT by CharlesOConnell
When our kids went off to college the credit card companies gave them cards. When we found out about it, we helped pay and straighten out their credit history. It was a lesson learned.
Yeah...that would be a bad idea.
No, and if he does should I ask for reparations for the student loan I PAID BACK?
I believe the total plan is:
1. Eliminate all student loan debt, about $1.3 trillion.
2. Stop federal government backing of student loans.
3. Give tax protection to universities to force them to make student loans.
4. Allow discharge of student loans in bankruptcy.
This will force universities to create degree programs that result in employment of students and stop the Women’s Studies crap.
Women's studies people get jobs. They infiltrate human resources departments and media. That's why companies are firing people for relatively innocuous statements, and what drives cancel culture.
Agreed!
Unfortunately, Trump is having to act on DACA. It’s a problem he inherited and but he can have a significant impact on it going forward (no voting for 25 years, no criminal offenses or you’re deported, etc.) at the same time wipe the Dems faces in it because SCOTUS ruled he can and he removes the issue from the Dems plate. On school debt? Hell no. That’s a life lesson on responsibility and accountability.
Caveat emptor.
They can still use you (or others in similar conditions) in a non-combat role.
Did all of that, too. Got my son through his Associate’s degree, have another coming up behind him. Will get that one through their Associate’s, too.
Medical debt nearly destroyed us. Don’t have enough for the full 4 years.
Now my son can’t go to the college of his choice for his Bachelor’s, even with academic scholarships, because they won’t fund it without us taking out hefty loans. Great kid, Dean’s list every semester, responsible, holding down a job and volunteering, VP of the Republican Club at his campus, graduated with honors, studying to be an attorney.
He had to take this semester off to regroup and consider a cheaper school.
If I was an irresponsible douche, the money would have flowed in.
Even though it would help my family, I’m with you.
he should get rid of student debt for STEM students. They were sold a big lie of a job and career after graduation.
Or he should permanently bar and deport Indian and Communist Chinese students, OPTs, H1Bs, H4EADs
The ultimate participation trophy.
he should get rid of student debt for STEM students. They were sold a big lie of a job and career after graduation.
Or he should permanently bar and deport Indian and Communist Chinese students, OPTs, H1Bs, H4EADs
My immediate preference. As an unemployed IT worker, I would like nothing more than to see all visa workers and students immediately sent home.
A bad idea. Just like bailing out the banks. when you transfer risk to a non involved party (gov ie all of us) all you will get is more bad behavior. Now as part of a reform package where schools are held accountable for student performance, and must pay the student a minimum salary if their degree in black LGBTquerty literature is unable to yield a decent career, then we have something to talk about. The gov should be out of student loans altogether. Let the schools take the risk, make k-12 responsible financially for their failure as well. Then make the forgiveness of student debt (after other structural reforms) taxable income
I'm confident you mean well with your suggestions but this statement is beyond naive. There is no loyalty ... TDS trumps all!
No. Trump should allow the institutions that carry the debt - banks, government, whatever - to sue the colleges for whatever part of the debt the financial institutions forgive to the students. What should be the charge against the colleges? Fraud, deceit, charging more than “cost” while pretending to be “non-profit” outfits [the schools cannot even calculate what are their costs per student, and no being able to it is not part of determining tuition]. Even if the suits do not achieve monetary results for students with debt, or for their debt holders, it will force financial accountability from the colleges [which today amounts to zero] in order to try to defend themselves.
The most increases in tuition fairly well track as followers of the increases in federal government tuition assistance. Knowing how much more the federal government was willing to do became a signal for the colleges to increase their tuition rates even more. The Dims, mostly, pushed for the assistance increases and academia rewarded them with political donations and support. Of course the Dims sold it all as “for the students” when in reality is was not for the students, it was only for the colleges. What did the Dims do for the students?
The Dims made getting a college education in the U.S. among the most expensive in the world, usually 1st or 2nd highest in world rankings. (U.K. usually ranks up there also)
Thomas Sowell once tried to study college costs and relate them to tuition. After lengthy study he determined it could not be done, because the financial operations and accounting practices of the college do not even attempt to make arriving at true costs per student possible. Their finance systems insure they are opaque not transparent. He gave up.
Colleges do not know or care what their true costs per student are. Setting tuition is merely trying to get as much as they can.
Their entire financial shell game needs to be killed.
How is that fair to people that paid for their college education?
It MAY sway a few loan recipients, but not enough, I’ll wager. Democrat politicians would not be moved by it. What WOULD be fair, is that from here on out, the schools themselves loan the money, or the education, itself. They’ve been spending other people’s money like drunken sailors, with no strings attached, for decades, and it needs to STOP!
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