Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
One is risky and one is not. The risky one carries a lower rate.
On the contrary, betting on a student with no visible means of being able to pay back a loan is risky. Betting on a borrower who will forfeit his/her home if they default on a mortgage is not. There's nothing the student can forfeit. The homeowner forfeits the mortgaged home.
Sanders is an idiot. He has NO clue how basic finance works. He has NO business pursuing the presidency.
On the contrary, betting on a student with no visible means of being able to pay back a loan is risky.
For the taxpayer it is but not for the banks. The banks are getting the interest, not the taxpayer. With that being the case I want as low of a rate as possible so that the loan is less likely to be defaulted on.
Quote:
Betting on a borrower who will forfeit his/her home if they default on a mortgage is not. There's nothing the student can forfeit. The homeowner forfeits the mortgaged home.
Sanders is an idiot. He has NO clue how basic finance works. He has NO business pursuing the presidency.
It's been pointed out to you many times that this isn't basic finance. You know that though and have been unable to counter that. The banks reaping the high rates have no risk. No risk should mean low rates.
What we have are bad choices.......war with an uneducated population or no war with an educated population.
I'm voting for the latter.
There's a cost to that. You're throwing the middle class under the bus, strapping them with financial obligations they cannot afford. Wars will happen whether Bernie wants them or not. They're a fact of life. They've persisted since mankind existed. And "educated" population? Please... what a f*cking disaster public education is in this country...
U.S. public schools educate only 26% of all public school students to even basic grade-level proficiency in math, 38% in reading, by 12th grade.
Oh, and it gets even worse when we look at how Millennials at all levels of academic credentials fare...
Quote:
"This exam, given in 23 countries, assessed the thinking abilities and workplace skills of adults. It focused on literacy, math and technological problem-solving. The goal was to figure out how prepared people are to work in a complex, modern society.
And U.S. millennials performed horribly.
That might even be an understatement, given the extent of the American shortcomings. No matter how you sliced the data – by class, by race, by education – young Americans were laggards compared to their international peers. In every subject, U.S. millennials ranked at the bottom or very close to it, according to a new study by testing company ETS.
“We were taken aback,†said ETS researcher Anita Sands. “We tend to think millennials are really savvy in this area. But that’s not what we are seeing.â€
...But surely America’s brightest were on top?
Nope. U.S. millennials with master’s degrees and doctorates did better than their peers in only three countries, Ireland, Poland and Spain.
...ETS researchers tried looking for signs of promise – especially in math skills, which they considered a good sign of labor market success. They singled out native-born Americans. Nope. They tried native-born Americans with at least one college graduate parent – a big group when compared to other countries. That didn’t work. They looked at race – white and Asian Americans did better, but still fell behind similar top performers in other countries and below the OECD average.
...The ETS study noted that a decade ago the skill level of American adults was judged mediocre. “Now it is below even that.†So Millennials are falling even further behind."
There's a cost to that. You're throwing the middle class under the bus, strapping them with financial obligations they cannot afford. Wars will happen whether Bernie wants them or not. They're a fact of life. They've persisted since mankind existed. And "educated" population? Please... what a f*cking disaster public education is in this country...
Wars may always happen but we don't have to get involved or start them. Sanders voted no on Iraq. He was correct.
Quote:
U.S. public schools educate only 26% of all public school students to even basic grade-level proficiency in math, 38% in reading, by 12th grade.
You are making a good example of why public education has failed but.....
Wars may always happen but we don't have to get involved or start them. Sanders voted no on Iraq. He was correct.
Bernie voted for the Iraq Liberation Act in 1998 which authorizes the use of the U.S. Military to liberate Iraq. Hence... the invasion of Iraq to depose Saddam Hussein.
Quote:
You are making a good example of why public education has failed but.....
Hardly. I'm pointing out that it HAS failed. Too many people don't know that. Hence, too many support Bernie's idiocy and hypocrisy.
Bernie voted for the Iraq Liberation Act in 1998 which authorizes the use of the U.S. Military to liberate Iraq. Hence... the invasion of Iraq to depose Saddam Hussein.
Bush quoted it but knew he needed a vote. Sanders voted "nay" and he was correct.
Quote:
Hardly. I'm pointing out that it HAS failed. Too many people don't know that. Hence, too many support Bernie's idiocy and hypocrisy.
Millions upon millions have received a good education, I'm sorry your experience has been different.
Bush quoted it but knew he needed a vote. Sanders voted "nay" and he was correct.
Bush needed a vote to authorize the expense. It wasn't the war Bernie was against, he already voted to authorize the use of U.S. troops to liberate Iraq, so if you think Bernie is opposed to war, think again. If that's not warmongering, voting to depose a foreign country's ruler, what is?
Quote:
Millions upon millions have received a good education, I'm sorry your experience has been different.
BS. Look at the very weak performance documented by the NAEP data. Look at how dismally even highly educated Americans compare to their international peers. I'll post links substantiating both if you're uninformed of those facts.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
