About 2 weeks ago, I saw a pic of one of the “99%” who took a pic of herself with her cellphone, holding a piece of paper with her complaints on it.
She wanted her student loans forgiven. She had accrued over $150,000 in student loans while pursuing her Bachelor’s Degree in Minority Women’s Studies. She was mad because she could not find a job in her chosen field that would pay her enough to live in the manner she was accustomed to, while paying her existing loans off, and simultaneously accruing even more debt to pursue her Master’s in the same subject.
These people could not accrue such debt had they not completed the intensely invasive student loan application process along with her Parents who had to produce multiple personal tax returns before they signed to back all of those loans as well.
These people know full well that they voluntarily took on this debt, pursuing a degree that they themselves chose. Expecting the taxpayers to take on that debt for them is pure fantasy and proves that these people have such a tenuous grasp on reality I wonder how they have managed to survive this long. (Rhetorical flair there....).
I put my wife through school to get her RN degree while working morning tower on a drilling rig and clearing fence lines during the day. Then I went back to school to get my degree in petroleum engineering which took me 6 years to complete due to working full time. We never borrowed a penny. We choose these degrees because we knew there was a market for them, unlike some of the trash they produce or accept now that are nothing more than a piece of paper.
This sounds unbelievable...that a young woman could be this stupid! I do, however, believe you. Nothing shocks me anymore.
I would love to read the article that came with the pic. Do you recall the link? I particularly like to read the comments from the libs. They truly are hysterical.
You mention that the parents have to sign the loan? I didn’t know this...I DO understand that the student taking the loan out is obligated forever (no discharge under bankruptcy)....but if what you say is correct...Then the feds can garnish the PARENTS wage/tax returns?
Looks like another bubble is about to burst.
I see dire times ahead. Greece is going to set this crap storm off and then it’s going to be a house of cards. I’m guessing before the holidays.
Hold on everybody...It’s going to be a bumpy ride. We have been blessed to live in a rare, safe and bountiful country. Lots don’t understand how lucky we have been and how quickly it can end.