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Forgiving Student Debt Isn’t the Solution to Anything
James G. Martin Center for Academic Renewal ^ | May 15, 2019 | Preston Cooper

Posted on 05/15/2019 7:36:13 AM PDT by reaganaut1

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To: reaganaut1

Is anyone out there rallying to forgive mortgage debt?


41 posted on 05/15/2019 8:32:55 AM PDT by 1Old Pro
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To: reaganaut1

How many times have you seen students on the media proclaiming that they successfully paid off their student loans by working two or three jobs. There is a shortage of labor at present, and I feel certain that any student that wants a second job can find one—even if it only involves weekend work. They don’t because they wait and hope that the debt will be forgiven. This should never happen unless those that did not go to college and create unnecessary debt get the same amount. They finished high school, went to work, and probably borrowed some money too. What about them.


42 posted on 05/15/2019 8:44:59 AM PDT by Saltmeat
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To: DungeonMaster

Agree most of what comes out of Colleges never use what they learned it’s a no win deal.
To many can’t even do 10th grade math of read above the 6th grade level no wonder so many parents do the bribe gig.


43 posted on 05/15/2019 9:13:06 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: reaganaut1

Treat post secondary education as a utility and set maximum prices for tuition. That will show those commie bastards that run “Big Education”.


44 posted on 05/15/2019 9:21:57 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Saltmeat
There is a shortage of labor at present

Globalist propaganda. There is not a labor shortage. Wages are barely keeping with inflation. which shows the fallacy of that argument.

45 posted on 05/15/2019 9:23:21 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: reaganaut1

Bailouts are only allowed if they help banks and large corporations. Like GM, and all the banks in 2008.
But if a bailout helps normal Americans, that’s bad.

Got it.


46 posted on 05/15/2019 9:37:43 AM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: dfwgator

“I’d never hire anyone who had their loan forgiven.”

Agree. But will you use a bank that took bailouts? WOuld you drive a GM product?


47 posted on 05/15/2019 9:38:58 AM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: DesertRhino

I would never drive a GM product ever again.


48 posted on 05/15/2019 9:40:43 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator
I would think all things being equal, I would be more impressed with someone who worked through college and paid for at least part of their own education, rather than relying on loans, it shows they have at least some awareness of how to manage money, which is skill that is useful in many areas, even outside of finance.

I had a young man interview with me for a position which required a degree. His resume said he was working on the degree, but not finished. During the interview, I asked him why he hadn't finished, when he'd been working on it for a while. His answer was that he didn't like debt, and was paying his own way through, so it was taking longer. I hired him. That kind of personal responsibility is rare in the younger generations.

49 posted on 05/15/2019 9:53:44 AM PDT by Hoffer Rand (God be greater than the worries in my life, be stronger than the weakness in my mind, be magnified.)
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To: Hoffer Rand

Good for you!


50 posted on 05/15/2019 9:54:21 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Jim Noble

Fraud, collusion, lack of transparency, self-regulation, lust for money- it’s a toxic stew that has ruined “education”.

What we need is a president willing to say that the emperor has no clothes.


51 posted on 05/15/2019 2:30:48 PM PDT by Ford4000
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To: JoeFromSidney

“My parents paid for four years of college for me. I paid for four years of college for each of my three children.”

I did the same but required my child to hold a 10 hour per week job while going to school. When my child graduated she told me she wanted to go to graduated school. I told her she was on her own, she could figure out how to finance it and support herself. The only thing I offered was a roof over her head if she wanted to live at home while in school. She took me up on that offer, went to a state school to minimize tuition and fees, worked two jobs, and borrowed what she couldn’t earn while going to school. She finished one semester early, immediately found a job in her chosen field, and paid off her loans within 3 years. In her early 30’s she is debt free and saving a high percentage of her income in order to pay cash for a home. It is unfortunate she has so far been unable to find a like minded young gentleman who shares her values and is willing to sacrifice current desires to achieve financial independence and security.

My child is extremely angry about the potential for college debt to be forgiven. I don’t blame her.


52 posted on 05/15/2019 6:43:54 PM PDT by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work on)
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