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A Simple Plan To Address The 'Student Loan Crisis'
Townhall.com ^ | April 25, 2019 | Derek Hunter

Posted on 04/25/2019 5:41:46 AM PDT by Kaslin

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1 posted on 04/25/2019 5:41:46 AM PDT by Kaslin
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To: Kaslin

I’m an uneducated white deplorable. Here is some advice;

Don’t go deep in debt for a worthless degree in gender studies thinking you are owed a great paying job.

You can work at Starbucks without a degree.

Problem solved.


2 posted on 04/25/2019 5:45:52 AM PDT by shelterguy
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To: Kaslin

Since so many Dem’s are offering some form of “loan forgiveness”, I’m curious how long it will be before one of the candidates dares to offer “reparations” for all the undue stress caused on students, having to worry about how to repay these student loans.....


3 posted on 04/25/2019 5:46:43 AM PDT by cincinnati65
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To: Kaslin


The simple plan, not to shoot yourself in the foot, is the be smart about where and how you get your education, and how to finance it. Not just to assume you need a harvard law degree when you're sure to end up a copier salesperson
4 posted on 04/25/2019 5:47:26 AM PDT by z3n
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To: Kaslin
If I remember correctly, fedguv took over the student loan program from banks with the intent of using the interest to help fund Obamacare. Of course with the gubmint approving just about every loan, the college tuition increases over the years have been ridiculous, with no thought at all of the impact on the kids ability to repay the loans.

The point though of somebody borrowing more than they can pay back is spot on but it goes to show ya how damaging government interference can be on a persons life.

5 posted on 04/25/2019 5:48:51 AM PDT by capydick (“Within the covers of the Bible are the answers for all the problems men face.)
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To: Kaslin

Another related question to ask:

Why select a college major and attend an expensive university, paid for with borrowed money, and study in a academic field that has low earnings potential?


6 posted on 04/25/2019 5:50:13 AM PDT by fatboy
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To: Kaslin

Here is the problem. Most of these “students” who are so in debt got their Masters in Gender Studies because they knew that degree would “signal” their “wokeness” into a 6 figure gummint job as an obnoxious bureaucrat in the Hillary administration which explains the wailing and gnashing of teeth when she lost. Now their massively overpriced degree is worthless.


7 posted on 04/25/2019 5:50:27 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: capydick

Why, it’s almost exactly as if the Liberal Government siphoned billions from working Americans to their prog-lib friends in, so called, “education.”

In fact, it IS exactly like that.


8 posted on 04/25/2019 5:53:27 AM PDT by Empire_of_Liberty
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To: Kaslin

How do you say, “Gimmedats” with a Haavaad accent?


9 posted on 04/25/2019 5:53:55 AM PDT by BwanaNdege
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To: Kaslin

There is an easy fix to this problem. First of all get the Federal government the hell out of the college financing business. Then make student loan debt dischargeable in bankruptcy like other loans are. Banks will then have to consider the viability of each loan candidate. A small loan to cover medical school costs will be a fine opportunity to make a profit. A $100,000.00 loan to study photography and gender studies will be a different matter.

As it stands there is no incentive to evaluate the worthiness of student loan candidates. Our country used to understand the value of the free-market.


10 posted on 04/25/2019 5:54:14 AM PDT by Junk Silver ("It's a little hard to herd people onto trains when they're shooting at you." SirLurkedalot)
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To: Kaslin

Actually, the real question should be centered squarely on the expensive nature of college education. There are many ways to lessen the cost. Lets talk about that for a change. The first thing to discuss is why hasn’t technology REPLACED the need for land, buildings, and teachers in as many instances as possible? Online is used by business all over the place to provide training, etc for their employees. There is no reason that some college courses cannot be transferred to this approach. Let’s start chopping down the cost of a college degree.


11 posted on 04/25/2019 5:54:53 AM PDT by Uncle Sham
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To: Kaslin

The author apparently doesn’t understand Millenials in the slightest.

This IS an effective tool in getting them off the couch to go and vote Democrat. Sooner or later student loan forgiveness WILL happen, because these folks are going to demand it. Because they really DO look to government to solve all of their problems. The real estate and auto industries WILL line up to support it, because they’ll be licking their chops at all of those Millenials who will suddenly have disposable incomes.

If the Republicans were smart they’d get out ahead of this with their own proposal to try and diffuse the ticking time bomb. This is truly one case where, in a political sense, stubbornly sticking to ideological purity will get you killed.


12 posted on 04/25/2019 5:56:20 AM PDT by Buckeye McFrog
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To: Kaslin

My nephew majored in French at Boston U. He’s 30 and still a part time bus boy and full time skateboarder. His loans will be paid in full in 3 years. By his asswipe parents.


13 posted on 04/25/2019 5:56:50 AM PDT by albie
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To: capydick

My personal pet conspiracy theory is that the government did all of this on purpose specifically to allow the Democrats to buy an election when they truly, desperately need to.


14 posted on 04/25/2019 5:57:13 AM PDT by Buckeye McFrog
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To: albie
My nephew majored in French at Boston U.

I took French all the way through high-school. Then I got out and realized that nobody WANTS to talk to those people.


15 posted on 04/25/2019 5:57:56 AM PDT by Buckeye McFrog
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To: Empire_of_Liberty

You are spot on, my friend.


16 posted on 04/25/2019 5:58:19 AM PDT by Uncle Sham
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To: Kaslin

Why is no one talking about colleges “price gouging” on tuition hikes? The obvious answer is for the federal government to impose price controls on colleges and universities, so that no one is forced to pay more than their “fair share” for a college education. /sarc


17 posted on 04/25/2019 5:59:30 AM PDT by trad_anglican
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To: Kaslin

Since Hussein nationalized the student loan program, the $1.7 trillion debt is on their/our grandchildren’s credit card. So much for a civil society.


18 posted on 04/25/2019 6:00:42 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: BwanaNdege

People go to College and other educational institutions to learn something (hopefully). IOW, there are some things that they do NOT know.

If we had competent adults with backbones & integrity running the educational institutions they would focus less on selling Credit Hours and more on guiding & teaching students to avoid this Student Loan Debt Crisis.

Most College students (those who have never had to survive on their own outside of an academic environment and/or Mommy & Daddy’s care & support) are totally clueless and incapable of running their own lives let alone the policies of a College or the Nation.

Start treating the spoiled kids as spoiled brats, rather than bowing to their claimed omniscience and moral rectitude.


19 posted on 04/25/2019 6:03:51 AM PDT by BwanaNdege
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To: trad_anglican
Why is no one talking about colleges “price gouging” on tuition hikes?

The tuition hikes are about making sure the soldiers of the Left in the universities are well-paid, and guaranteed great pensions for fighting Evil White Nationalists like us.

20 posted on 04/25/2019 6:08:24 AM PDT by an amused spectator (Mitt Romney, Chuck Schumer's p*ssboy)
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