Posted on 01/30/2022 6:59:28 PM PST by george76
Many of the woke politicians who have pushed for student-loan cancellation are themselves hip-deep in school debt
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Most members of “The Squad” — the coterie of socialist legislators led by Rep. Alexandria Ocasio-Cortez (D-N.Y.) — fall into this category. Collectively, they owe between $180,004 and $400,000 in student loans, the records show.
Rep. Ocasio-Cortez had a balance of between $15,001 and $50,000 in federal student loans as of 2020, according to her most recent personal financial disclosure.
Despite her $174,000 annual salary, the economics major hasn’t paid off her balance, despite a zero percent interest rate and no payments due since March 2020.
“I’m 32 years old now, I have over $17,000 in student loan debt. And I didn’t go to graduate school because I knew that getting another degree would drown me in debt,” she said in December. The daughter of a Westchester architect, AOC graduated from Boston University in 2011.
Critics said student loans present a potential conflict for lawmakers in the ongoing debate whether federal loans should be reduced or forgiven.
...
It definitely seems like a conflict of interest to me,” said Harmeet Dhillon ...
Rep. Ocasio-Cortez is single, has no children, and is earning almost $200,000 in salary and benefits. She should be setting an example for her constituents and paying down her debts
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Other members of “The Squad” are in the same boat.
Rep. Jamaal Bowman (D-N.Y.), 45, has a loan balance between $100,001 and $250,000,
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Rep. Rashida Tlaib (D-Mich.) disclosed between $50,001 and $100,000 in law-school loans
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There are also many non-Squad legislators with outstanding loan balances: Reps. Jahana Hayes (D-Conn.) and Grace Meng (D-N.Y.) reported between $100,001 and $250,000 in debts, and Veronica Escobar (D-Tex.) between $75,005 and $250,000,
(Excerpt) Read more at nypost.com ...
Why should taxpayers pay for their college education? Taxpayers didn’t pay for mine. Also, to all those people who majored in Social Organizing, Paleolithic Cave Paintings, and Transgender Studies, perhaps they need a wake up call that a four year vacation is at their own expense.
isn’t it illegal for the pigs to enact laws that benefit themselves???
I'll second that statement......
The loans should be available for those studies that benefit the Nation, engineers, doctors, scientists etc the useless degrees deserve no tax dollars.
IN ANY EVENT THESE PEOPLE MADE THE DECISION TO BORROW THEY NEED TO REPAY IT.
loan forgiveness is the the epic level achievement of participation trophy gifting.
Should the auto mechanic who lives down the street from someone who majored in grievance studies have to pay taxes so that the grievance studies major can go to college free? Seems very unfair to me.
When I went ot college (My children think it was in the time of the cavemenn) but the only loans were National Defense Student Loan Program and you had to be studying engineering, and hard sciences - chemistry, physics, biology. If you changed out of one of the Majors inot business or social studies, you could not get additional loans. I borrowed money for my 1st two years (61-62, and 62-63). I was able to work helping in the engineering college for my last 2 years. I retired April 30, 2014 - one month less than working for 50 year - I worked two parttime jobs my senior year - one a grader, the other for the TTI.
Uhhhhhh..... The navy jag program offers a wonderful student loan forgiveness program. You can also apply for this if you work in law enforcement..... Which federal and state prosecution jobs count. Those in civil practice make so much money they don’t need loan forgiveness. You can get your loans forgiven if you work in a title one school. Hospitals pay backloans as well.
So either you are too stupid and no one will hire you, or you are so lazy you are unwilling to do work.
Try the Dave Ramsey lifestyle. It might help.
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