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Old 12-13-2019, 10:58 AM
 
6,934 posts, read 5,168,665 times
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Quote:
Originally Posted by GeoffD View Post
........

If you go to a college that requires a minimum 600+ Math/600+ Verbal SAT score to get admitted, the academic rigor is totally different. .....
It will not be long before the SAT/ACT testing is totally eliminated. The trend is already well underway.
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Old 12-13-2019, 11:01 AM
 
2,011 posts, read 502,611 times
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Quote:
Originally Posted by jrkliny View Post
It will not be long before the SAT/ACT testing is totally eliminated. The trend is already well underway.
And many law school programs and grad school programs are eliminating the LSAT and GRE. It is all a watered-down money grab.
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Old 12-13-2019, 07:02 PM
 
6,543 posts, read 2,392,986 times
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College debt forgiveness is a scholarship in arrears. Why not give "debt scholarships" out to people after graduation based on merit, to those who are contributing most to society?


I am growing tired of every proposed program that might help Americans have a better quality of life being called "free stuff" or "giveaways." It's cynical, and quite frankly, immature and a little childish.
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Old 12-13-2019, 07:12 PM
 
27,066 posts, read 29,543,195 times
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Originally Posted by SWFL_Native View Post
Oh something like this is coming but it isn't a Jubilee and it's going to work the opposite way that you think.
That's what I'm thinking.
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Old 12-13-2019, 08:34 PM
 
Location: Lake Norman, NC
7,341 posts, read 11,474,934 times
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Quote:
Originally Posted by numsgal View Post
I don't see the write off as a good thing. What happened to personal responsibility?
The only personal responsibility is on those of us who are personally expected to pay the way for these people with their hands out all the damned time...
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Old 12-13-2019, 08:49 PM
 
3,309 posts, read 3,114,615 times
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Quote:
Originally Posted by Elliott_CA View Post
College debt forgiveness is a scholarship in arrears. Why not give "debt scholarships" out to people after graduation based on merit, to those who are contributing most to society?


I am growing tired of every proposed program that might help Americans have a better quality of life being called "free stuff" or "giveaways." It's cynical, and quite frankly, immature and a little childish.
You mean like a paycheck which can then be used to pay down the loans?
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Old 12-14-2019, 05:45 AM
 
Location: western East Roman Empire
7,080 posts, read 11,052,842 times
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Quote:
Originally Posted by Returning2USA View Post
Regardless, student loan and medical debt can affect individuals and perhaps an economy that is 71% by consumer spending.

Feasible? Consequences?

Opinions?
Another example of attempting to treat symptoms piecemeal without addressing the underlying malady.

People sustainably consume out of real earned income (adding value to natural resources through real work). Since the globalization of production and credit, many consumers on US soil consume more than their earned income. That can go on for a long time, but not forever.

While debt forgiveness sounds nice, without addressing the underlying problem, it will manifest in the same or similar way as soon as the niceness effect of treating a symptom wears off.

If accompanied by policies to help average people increase real earned income on US soil, then it might help.


Of course politicians are vague about proposals that sound nice. Wanna buy some cough medicine? You can figure out the rest.

Good Luck!
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Old 12-14-2019, 08:46 AM
 
Location: Chandler, AZ
2,749 posts, read 1,395,173 times
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Quote:
Originally Posted by jrkliny View Post
The details of the Democrat's plans are intentionally vague. If student loan and/or other debts are eliminated that means that the Federal government will have to pay off the debts. So where does the money come from? Berne talks about having "Wall Street" pay for the grandiose plans. I live near NYC and I can tell you Wall Street is merely a paved road. It is not paved with gold. Elizabeth talks about taking money from the top 0.1% or is it the top 1%?
Eat the Rich – Walter E. Williams
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Old 12-15-2019, 11:53 AM
 
6,543 posts, read 2,392,986 times
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Quote:
Originally Posted by ALackOfCreativity View Post
You mean like a paycheck which can then be used to pay down the loans?

Paychecks are not proportional to a person's contributions to society. You've got some people who give a lot more to society than what they get paid. You've also got some really worthless people who make millions.
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Old 12-15-2019, 02:35 PM
 
Location: Chandler, AZ
2,749 posts, read 1,395,173 times
Reputation: 6557
Quote:
Originally Posted by Elliott_CA View Post
College debt forgiveness is a scholarship in arrears. Why not give "debt scholarships" out to people after graduation based on merit, to those who are contributing most to society?
Who decides the merit? How can one claim to be "contributing to society" after they've just spent four years consuming with no intention of paying anything for the supposedly-valuable education they've received?

Quote:
I am growing tired of every proposed program that might help Americans have a better quality of life being called "free stuff" or "giveaways." It's cynical, and quite frankly, immature and a little childish.
I have long been tired of every giveaway program being called "a program that might help Americans have a better quality of life". If that's going to be the standard, why should we pay for anything? A house might help Americans have a better quality of life. A car might help Americans have a better quality of life. Free food ever day might help Americans have a better quality of life. Endless vacations might help Americans have a better quality of life. And you have the nerve to call others "cynical, and quite frankly, immature and a little childish"??? Talk about rich!
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