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1 posted on 07/17/2019 6:58:33 AM PDT by Kaslin
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To: Kaslin
University endowments should co-sign debt and be responsible if the student does not pay.
2 posted on 07/17/2019 7:03:28 AM PDT by ActresponsiblyinVA
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To: Kaslin
First, get government money out of college. That means all lottery based "scholarships" are gone.

Second, colleges have to realize they can't be everything to everyone. Not all majors need to be offered.

Third, require "professors" to actually teach and not pawn it off to a grad student.

3 posted on 07/17/2019 7:04:31 AM PDT by ealgeone
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To: Kaslin
A family making $50,000 a year pays almost no federal income tax.

Table 2. Married Filing Joint Taxable Income Tax Brackets and Rates, 2019

Rate Taxable Income Bracket Tax Owed

10% bracket:

$0 to $18,650 10% of taxable income

15% bracket:

$18,650 to $75,900 $1,865 plus 15% of the excess over $18,650

Using the std deduction of $25K, taxes on $50K - $25K = $25K are: 10% on first 18.6K = $1860 +

15% of $6.4K = $1,000. Total taxes = 2,860 - child tax credits of $500/kid. Lets say 2 kids. then total taxes owed is around $2,000. An effective tax rate of 2/50 = 4%.

4 posted on 07/17/2019 7:07:48 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Kaslin

Solution to student debt problem:
1) Cap borrowing for college at $10,000.
2) Cap borrowing for attending degree mills, nail & hair colleges, etc. at $0.00.
3) Tax university professor and staff income over $100,000 per year at 100%.
4) Require a personal finance course for high school graduation.


7 posted on 07/17/2019 7:12:51 AM PDT by Chewbarkah
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To: Kaslin

The article doesn’t even mention that many (most?) of the degrees earned with borrowed money aren’t worth the sheepskin they used to be printed on. Why the hell should any taxpayer be forced to pay for someone’s useless degree in “Gender Studies” or “Queer Studies”?

Even worse, we would essentially be paying our enemies to destroy us. The only things that people who earn these worthless trash degrees can do is teach it to other impressionable skulls full of mush or become a “community organizer” to the same end.

Just wait until somebody with such a trash degree gets elected to Congress. We ain’t seen nothin’ yet on stupidity in Congress.


8 posted on 07/17/2019 7:15:23 AM PDT by ProtectOurFreedom
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To: Kaslin
So, what’s a real solution to student debt?

STOP pushing the stupid notion that everybody needs a college degree and channel 3/4 of the prospective students to useful trade and vocational programs.

9 posted on 07/17/2019 7:16:54 AM PDT by ProtectOurFreedom
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To: Kaslin

Stay out of college (with reasonable exceptions). Just say no.


10 posted on 07/17/2019 7:19:48 AM PDT by Buttons12
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To: Kaslin

A salmon that can’t swim upstream is not a good salmon.

You don’t have a healthy society if everyone can just ride the current, especially our young people.


11 posted on 07/17/2019 7:32:07 AM PDT by cymbeline
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To: Kaslin

Colleges will raise prices as soon as college is “free” and costing taxpayers more and more while the college admins rake in the money.


13 posted on 07/17/2019 8:42:12 AM PDT by minnesota_bound
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