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Fortunately i landed a very valuable internship in my field that i start next week, without that college degree I wouldn't not have even landed the interview. I don't have hate for people who are successful i have hate for people who are not willing to invest in my peers and I! The young people who will be entering the workforce within the next few years! The people who will have your job once you die.
Do you realize that many parents are already losing their shirts paying for their own children's educations? And you have the unmitigated gall to demand that these people "invest" in you as well?
Well they are actually investing in others too. For instance at the university of Iowa 25% of the tuition folks pay goes to scholarships and free rides for others so it's not your kids you are investing in like it should be. Many don't even realize this.
Thats not the issue there are people who do have it; for example president obama & romney they both have it. Without a college degree I most likely will not land a solid job. Therefore I probably won't be able to buy a car, house, tv from bestbuy all those things that help stimulate the economy.
When has it become in the nation that we do not want to see our children succeed? Do the ceo's and managers of companies realize that one day they will be dead, and who is going to take there positions?
United States needs to wake up and realize that china & japan are whooping our butts because they "GET IT" they are investing in their children.
So basically what you are saying is stop going to school, work at walmart for a year (1 less year of me obtaining valuable experience in my field) with the whole $7.50 they are willing to pay
$7.50*40=300*4months=1200*12months=14400-taxes= down to around 11K-5ktution = 6k yeah sure I could live off 6k a year. That a whole 500$ a month
& thats if Walmart even allows employee's to work 40/hr weeks which i doubt.
So sorry mr. your logic doesn't work.
Just let federal govt control student loans and get these privatize bankers out of it! Because they're filled with greed! tax my loans 6% so they receive that extra $$ to send their children to the best schools. The rich get richer and us people who don't come from money don't stand a chance.
The left uses emotion AND false CLAIMS.
Sorry, IMO, college students are NOT children as the poster claims.
If a 15 year old girl can be considered and adult when it come to getting an abortion without her parents knowledge and consent, 18 year old are not children either.
I am NOT against keeping the interest at the low rate for EXISTING loans in today's world.
I would though, like to see the fed get out of the loan business. The gov't should NOT be competing with private businesses.
We have public, state owned and run, and private colleges. They are NOT fed gov't institutions.
It is just one more example of the fed getting involved in state and private business.
VerBoston,
Well, let's see... do we need people in this country who are educated or not?
That is the question.
Is it in the best interest of the USA to have people in this country
with college degrees?
Do we need them?
Mabey not. Mabey we can just import people to the USA in the future to fill jobs that
requires a college degree. Why not? We outscource jobs now.
That is the question.
It's not a matter of money, it is a matter of what is best
for the USA as a country and society. Period.
Of course the idiot repukes would whine about student loans. They would rather give billion dollar tax breaks to corporations. We are already falling behind the civilized world. When only the wealthy can afford a college education we can officially be classified as a "developing" nation.
And how many of the repuke hypocrites have used every gov program available for their own education? God we have to vote these morons out.
I'm confused. If we are falling behind so much why do we so many foreigners attending our colleges?
Who says you only have to work one job while trying to put money away? Or (heaven forbid) actually work during school? Yet you seem perfectly happy to force others to work to pay your way.
I do feel for you, college costs have gotten out of control. That is largely due to the greed of the educational industry. They need to loose enrollment due to their excessive costs and bring them back to an affordable level.
College costs are going up for many reasons, but one of them is DEMAND. More people want to go to college than ever, because everyone, including the president, say its imperative for personal and national success. Yet so many graduates don't have a job that can pay enough to repay their loans. The pay just isn't very good for art history, literature, or theology graduates.
So many people would be financially better off if they became machinists instead. They can earn $60K per year in the USA right now.
No. Below Market Value Interest Rates cause Interest Inflation. That's one reason home values were highly over-inflated, and why that is being corrected now. It's also why you pay more for automobiles.
Raise rates on Student Loans and university tuition will decline.
Tuition will continue to increase, and you'll continue to crank out, um, "college graduates" (and I use the term very loosely) who will owe $Thousands but will be unable to find work (unless they leave the US).
No, not under any circumstances.
None.
All forms of education are expressly under the sole control of the States.
Nyet.
The government has done enough social engineering. Time to give it break for several millennium.
Which part of "you don't have the money" do you all not understand?
You don't have the money for Social Security; you don't have the money for Medicare; you don't have the money for Medicaid; you don't have the money for Obamacare; you don't have the money to keep throwing around.
You will have to choose which programs you want, and which ones you don't.
Choose wisely.
Um, I worked part-time and full-time to pay for both of my degrees, plus graduate school.
I don't consider myself to be anything other than ordinary, so if I can do it, so can others.
Do you realize that many parents are already losing their shirts paying for their own children's educations? And you have the unmitigated gall to demand that these people "invest" in you as well?
This is the future of America. I'm left scratching my head that this is what our country is producing these days.
College costs are going up for many reasons, but one of them is DEMAND. More people want to go to college than ever, because everyone, including the president, say its imperative for personal and national success. Yet so many graduates don't have a job that can pay enough to repay their loans. The pay just isn't very good for art history, literature, or theology graduates.
So many people would be financially better off if they became machinists instead. They can earn $60K per year in the USA right now.
That is until the same Repuke party breaks their union and their 60K jobs are given to illegals for minimum wage.
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