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Old 02-20-2016, 09:41 AM
 
2,151 posts, read 1,355,849 times
Reputation: 1786

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Quote:
Originally Posted by InformedConsent View Post
I have college degrees. So do my kids. STEM. Never had a problem with un/under-employment.

“Science students do well in non-science courses, but non-science students have difficulty in science courses. Slaves of exactness find it easier to adjust to the inexact, though they may be disdainful of it, than those who think in the realm of the inexact when confronted with the exact.” - Harvey C Mansfield, Harvard University, 2013

Plus:

25 college majors with the highest unemployment rates - CBS News
As you can see from my name, I have a liberal arts degree. I've never had problems with un/underemployment.

Your quote supports liberal arts degrees (in this case, science programs).
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Old 02-20-2016, 09:42 AM
 
Location: Niflheim
1,331 posts, read 1,987,653 times
Reputation: 1133
Quote:
Originally Posted by turkey-head View Post
It was student loan debt.

Never woulda happened in Europe.

Tell me again how horrible socialism is.


It does happen in Europe and college is not free in Europe.

Tuition may be free, not materials and 99% get student loans for other expenses.

If you do not pay your loan, cops do eventually come get you for interrogation.

While economic migrants get all that for free, EU citizens pay through the nose and are stuck with a loan for 30 years. If you pay back quicker they tack on extra fees making it a even worse deal.
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Old 02-20-2016, 09:42 AM
 
33,016 posts, read 27,458,643 times
Reputation: 9074
Quote:
Originally Posted by BobNJ1960 View Post
If by doing so B is still up to date with payments, yes. If B is in same deadbeat/default as A, both should see wages garnished.

: smack::s mack::sm ack:

B borrowed AFTER "income-driven" repayment programs were created. B was therefore eligible to enter into an income-driven repayment program that does not require a monthly payment until income exceeds 150% of federal poverty level ($17,655).

A defaulted BEFORE "income-driven" repayment programs were created. A therefore is not eligible to enter into an income-driven repayment program. A repays the loan through garnishment (plus an equal amount in added fees) while living at poverty level and B makes $17,000 a year and never repays a dime.
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Old 02-20-2016, 09:49 AM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by freemkt View Post
: smack::s mack::sm ack:

B borrowed AFTER "income-driven" repayment programs were created. B was therefore eligible to enter into an income-driven repayment program that does not require a monthly payment until income exceeds 150% of federal poverty level ($17,655).

A defaulted BEFORE "income-driven" repayment programs were created. A therefore is not eligible to enter into an income-driven repayment program. A repays the loan through garnishment (plus an equal amount in added fees) while living at poverty level and B makes $17,000 a year and never repays a dime.

Both must obey the law, so if A must pay per his/her program, while B does not have to, I am fine with that.
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Old 02-20-2016, 09:52 AM
 
33,016 posts, read 27,458,643 times
Reputation: 9074
Quote:
Originally Posted by Type O Negative View Post
It does happen in Europe and college is not free in Europe.

Tuition may be free, not materials and 99% get student loans for other expenses.

If you do not pay your loan, cops do eventually come get you for interrogation.

While economic migrants get all that for free, EU citizens pay through the nose and are stuck with a loan for 30 years. If you pay back quicker they tack on extra fees making it a even worse deal.

Knock-knock.

Who's there?

Cops. Why didn't you repay your student loan?

Because I'm living at poverty level and paying half my income to rent a room and I have no discretionary income. Next question?
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Old 02-20-2016, 09:54 AM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by freemkt View Post
Knock-knock.

Who's there?

Cops. Why didn't you repay your student loan?

Because I'm living at poverty level and paying half my income to rent a room and I have no discretionary income. Next question?

I'll get my violin. Now get a 2nd job (W2).
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Old 02-20-2016, 09:54 AM
 
33,016 posts, read 27,458,643 times
Reputation: 9074
Quote:
Originally Posted by BobNJ1960 View Post
Both must obey the law, so if A must pay per his/her program, while B does not have to, I am fine with that.

Wow, just wow.
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Old 02-20-2016, 09:57 AM
 
33,016 posts, read 27,458,643 times
Reputation: 9074
Quote:
Originally Posted by BobNJ1960 View Post
I'll get my violin. Now get a 2nd job (W2).

Wise one, how would you collect from someone at poverty level without discretionary income?
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Old 02-20-2016, 10:01 AM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by freemkt View Post
Wise one, how would you collect from someone at poverty level without discretionary income?

I would garnish their wages as soon as they did not pay. Up front as they proved they are not to be trusted with a loan.
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Old 02-20-2016, 11:37 AM
 
Location: the very edge of the continent
89,026 posts, read 44,824,472 times
Reputation: 13713
Quote:
Originally Posted by IDoPhysicsPhD View Post
As you can see from my name, I have a liberal arts degree. I've never had problems with un/underemployment.

Your quote supports liberal arts degrees (in this case, science programs).
Here's what it said...

“Science students do well in non-science courses, but non-science students have difficulty in science courses..."

It distinguishes between science and non-science. Science isn't liberal arts, unless maybe you consider a BA in a Science discipline to be a liberal arts degree. A BA degree in a Science discipline is somewhat weak in that it requires fewer Science and Math classes, and is often recommended to students who wish to earn a degree in a Science discipline but find the higher level Science and Math classes to be too difficult.

BS degree: Bachelor of Science
BA degree: Bachelor of Arts

There's a difference.
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