Posted on 05/05/2025 12:11:08 PM PDT by DFG
Joe told them not to worry about it.
Federal student loans have turned into such a racket. A subsidy to prop up insanely Woke university departments that would not survive in the market. The students should not be let off the hook, but they aren’t the main villains in this story; the universities, their cronies in Congress and their lobbyists are.
Damn....my kids paid off all their student loans. And then they even got good jobs in their field.
The universities should be taking these loan losses, Democrats knew many would default so they used the govt to loan the money, of course.
Universities should be the only bodies allowed to issue student loans. Put the school at risk in the event of non-payment. This provides an incentive not to give loans for Lesbian Dance Theory degrees or loans to students who will clearly never complete a degree of any kind.
A record percentage of borrowers are seriously delinquent.
Time to call the repo department asap examples must be made.
100%. borrowers are rational. the Dems set the expectation that free money was coming from the Federal Money Tree so who in their right mind wouldn’t stop paying. whoops!
Reinstate the GSLs Joe had no legal authority to “forgive”.
Taxpayers didn’t sign their loan docs, suck it up buttercups. Welcome to adulthood and self responsibility.
Won’t effect me at all. I’m paying and am on time and current. 😊
RE: seriously delinquent
Time for a remake of the Jerry Lewis comedy:
Too broke to pay their agreed upon student loans.
West Side Story delinquent’s excuse he heard from trendy TV psychologists:
“I’m depraved on accounta I’m deprived.”
Send them some taxpayer money, someone.
There is no reason why the taxpayers should be made to pay these loans.
I almost agree with you, but I'd say it more like get the govt out of the student loan business (and college altogether) and let the free market decide. If a school decides to loan to a student, fine. Also if a bank or an employer wants to loan to a student, fine. It's between them and the student on if whatever education is valuable.
“And then they even got good jobs in their field.”
But I can’t. I went through four years to get my BA in Gay and Lesbian Studies then another two years getting my MA in Intersectional Gender Studies.
It’s like $250,000 down the drain. All those parades, the demonstrations, shaming students for using misgendering pronouns, making TikToks of my mental breakdown when Trump was elected, etc.
I was working as a counselor, part time, for transgender/questioning three year olds at a local day care.
Then Trump cut our funding and I’m out a job.
/sarc
“Universities should be the only bodies allowed to issue student loans. Put the school at risk in the event of non-payment. This provides an incentive not to give loans for Lesbian Dance Theory degrees or loans to students who will clearly never complete a degree of any kind.”
I agree.
My education was mostly paid by VA and employer tuition
re-imbursement. I had to covers costs they did not, books lab fees, et al.
And you had to get good grades or they didn’t pay.
Boeing demanded a minimum of a “B” grade in every class and VA wanted at least a passing grade. Not all classes are ABC.. Many were pass/fail.
You failed YOU PAY! That is called incentive. I took many $1000 final exams.
I went to private universities so they have a lot of incentive to accept students they think will succeed
and then educate the students so they will succeed
in their chosen professions.
They go out of business if nobody wants to hire their students.
Public universities don’t give a shit, all they want to do promote their progressive agenda. “John Q Public” will foot the bill.
“I spent $175,000 to learn how to become a deadbeat with a PhD.”
I paid every dime off, this makes me furious.
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