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The tax payers should not have to pay for your student loans. No reason to make the plumber pay for your ivy league modern dance degree.
But I would support the right to bankruptcy. It seems to me that a college degree is like the start-up cost of any new business. It's a gamble that it will pay off in increased income down the road. But sometimes the economy goes bad, or the plan isn't very good, etc. So you may have to eat the bad credit rating and file for bankruptcy.
So I give the OWS crowd this much. I have re-examined my position on student loans, and while I don't think they should be outright forgiven, I do think that it shouldn't put a person is perpetual debt if it turns out to not be as profitable as initially assumed. Just like any business debt.
Then you open the door for students to actually plan to file bankruptcy and give no thought to the amount of debt that they are assuming while in school. In effect, there would be no limit to the amount of taxpayer dollars being wasted on unscrupolous inexperienced leeches.
If student loans are bankruptcy dischargeable, then there should be a mechanism in place to revoke a person's degree, and a system in place for employers to verify the legitimacy of a person's educational background.
"No Way I Be Ah Payin Back This Here Bloody College Loan That They Forced Me To Take Out" !
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Originally Posted by shorebaby
Yup,people who take loans have responsibility to pay it back. Can you imagine that? A real life responsibility? These losers yelp about rights, day and night, but never utter the words responsibility. (except if it is someone else who is responsible to give them stuff) These jokers should be protesting the colleges and their outrageous tuition an the outrageous salaries of college professors and Presidents.
shorebaby !!! ... On The Money !
Indeed ... the words "Responsible" ... "Integrity" ... & "Accountability" appear to be meaningless and or non-existent to so many of these pitiful muppets !
If this is an example of America's future citizens ... We are bloody well in for it !!! How Pitiful !!!
Then you open the door for students to actually plan to file bankruptcy and give no thought to the amount of debt that they are assuming while in school. In effect, there would be no limit to the amount of taxpayer dollars being wasted on unscrupolous inexperienced leeches.
If student loans are bankruptcy dischargeable, then there should be a mechanism in place to revoke a person's degree, and a system in place for employers to verify the legitimacy of a person's educational background.
It's the same problem with credit cards. Why treat it any differently?
It is obvious that Obama wishes to side with the half of America that only takes ... the half of America that doesn't contribute anything.
There is a "half" that only takes only in your mind.
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The Democratic Party has ( including the failed President ) sided with the Socialists and Communists in New York and across the World. You decide which way to vote.
Communism has nothing to do with what you say and you probably have no clue what communism is.
Obama - I can see why some think of him as a failed president. However, that's your choice and that's what elections are for.
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People who are sad, because they haven't worked hard enough to find a job - especially when they have loans to pay, are wussys.
What is wussy? If you apply for a job and your application is rejected, should you bring your shotgun to teach them that you aren't wussy?
You send these kids to find jobs and at the same time you block every way to employment. Isn't that hypocritical?
In regard to student loans - do you have any explanation why education (and healthcare) in US costs more then any educational system in universe? Do you know that among the highest rated universities on the globe the majority (including Oxford and Cambridge) cost $4K a year and there is no need to take loans to begin with?
" Them Thar Ole Stewdint Loans Have Halped Make Them Childin Relly, Really Smart Y'all" !
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Originally Posted by AeroGuyDC
Then you open the door for students to actually plan to file bankruptcy and give no thought to the amount of debt that they are assuming while in school. In effect, there would be no limit to the amount of taxpayer dollars being wasted on unscrupolous inexperienced leeches.
If student loans are bankruptcy dischargeable, then there should be a mechanism in place to revoke a person's degree, and a system in place for employers to verify the legitimacy of a person's educational background.
AeroGuyDC !!! ... Precisely !
Indeed ...Your last sentence proclaims great wisdom !
A great example of an accountability tool for those blighters among us who are grossly irresponsible and are card carrying members of the "Free Hand Out Day's" at others expense !!!
This concept should be enacted via State & Federal law immediately ! Lets "Git R Done' !
There is a "half" that only takes only in your mind.
Communism has nothing to do with what you say and you probably have no clue what communism is.
Obama - I can see why some think of him as a failed president. However, that's your choice and that's what elections are for.
What is wussy? If you apply for a job and your application is rejected, should you bring your shotgun to teach them that you aren't wussy?
You send these kids to find jobs and at the same time you block every way to employment. Isn't that hypocritical?
In regard to student loans - do you have any explanation why education (and healthcare) in US costs more then any educational system in universe? Do you know that among the highest rated universities on the globe the majority (including Oxford and Cambridge) cost $4K a year and there is no need to take loans to begin with?
Hmm,
If students have accrued debts between $70,000 and $100,000 - doesn't it seem like they were dumb shoppers then?
Many students go to college because it's the thing to do. Many don't realize while they're smoking bongs and having sex, that one day they might have to be responsible.
I have no clue what you mean by I block every way to employment. That's just dumb.
Today's young people have to learn that America is about giving ( contributing ) not taking.
When I was in college, I worked. When I got out of college, I worked. Not in specialization in tune with my major. Or minor. But I still worked, and found good jobs, one at a time. And my college experience certainly helped me get good positions. Advancement came over time.
Kids have to be taught that rewards occur over time. Not all at once.
If students have accrued debts between $70,000 and $100,000 - doesn't it seem like they were dumb shoppers then?
Many students go to college because it's the thing to do. Many don't realize while they're smoking bongs and having sex, that one day they might have to be responsible.
I have no clue what you mean by I block every way to employment. That's just dumb.
Today's young people have to learn that America is about giving ( contributing ) not taking.
When I was in college, I worked. When I got out of college, I worked. Not in specialization in tune with my major. Or minor. But I still worked, and found good jobs, one at a time. And my college experience certainly helped me get good positions. Advancement came over time.
Kids have to be taught that rewards occur over time. Not all at once.
Very disappointed with this generation.
Waddya mean? Didn't a great man once say, "do not ask what you can do for your country, but what your country can do for you!"
Convenient to say 47% don't pay any Federal Taxes and ignore the Excise Taxes that everybody pays. I guess because it doesn't fit with the rant, huh? Or, do you assume everybody that has no tax bill, isn't working?
Even more convenient to say that if you are relying upon TAXPAYER money to survive, then TAXPAYERS are paying you, to pay that excise taxes.. RIGHT?
If students have accrued debts between $70,000 and $100,000 - doesn't it seem like they were dumb shoppers then?
Many students go to college because it's the thing to do. Many don't realize while they're smoking bongs and having sex, that one day they might have to be responsible.
I agree that if someone who takes a loan it is their responsibility to pay it back. You should think 100 times before you sign that paper. However, the fact that a year's tuition is $50K at some schools is simply insane.
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I have no clue what you mean by I block every way to employment. That's just dumb.
I should had been more clear in my post. I didn't mean you personally. What I meant, is that all private companies and businesses are cutting jobs, scaling back and then cutting more. Its not one field, its all across the board. Then, states are cutting back their employees. Next, the federal government is pressed to cut jobs. But if you do that from wall to wall, there is no place left that hires young people. Every way to employment has been blocked.
Quote:
Today's young people have to learn that America is about giving ( contributing ) not taking.
When I was in college, I worked. When I got out of college, I worked. Not in specialization in tune with my major. Or minor. But I still worked, and found good jobs, one at a time. And my college experience certainly helped me get good positions. Advancement came over time.
Kids have to be taught that rewards occur over time. Not all at once.
Very disappointed with this generation.
When I went to school, tuition was low and before we even graduated, employers (IBM, GE, GM, Coca-Cola) came to campus to look for candidates. The 60s and 70s were a paradise for new college graduates compared to these days. So you didn't have to take any $100K student loans to begin with. It may not be the country's responsibility to bail out each and every student, but it is the country's duty to make sure such high loans are not needed. (No, I don't mean totally free education, but reasonable cost education.)
Last edited by oberon_1; 10-18-2011 at 09:59 PM..
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