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While I won't argue that the price of tuition has gone off the rails, whom do you think went to college in the 50's and 60's ? It certainly wasn't the middle and lower classes.
I have friends that their kids are college age, and that is exactly how they are paying or their tuition. Working ,saving and in most cases starting out at community colleges. The only ones I know that went away to school and are living on campus are the ones that got scholarships.
I agree, we need to focus more on academics in this country. Although I see many stating we need free healthcare, and now free college....where will the money come from to pay for it ?
Well, I guess the U.S. just isn't as smart or resourceful as the rest of the world, who manage both of those things just fine. We are falling behind the rest of the world because we have our priorities backwards. Healthcare and education take a backseat to tax cuts for the wealthy and big corporate subsidies. We will reap as we sow.
What's more eye opening is that the changes to IDR plans will have a far bigger impact on borrowers, but literally no one in this thread is bringing it up (other than me, desperate to engage someone in a conversation more advanced than "BiDeN bAd").
it is the integrity of the individual persons that is the problem...
so a loan (a contract) THEY CHOSE to take out that loan...they made a promise that they would replay it...not expect someone else to pay THEIR BILL
forgiveness of a loan is wrong..those "students" signed a LEGAL CONTRACT... it is their JOB to pay that loan back..... otherwise what are we saying....do you really think we should be saying the law doesn't matter, legal contracts don't matter..... do we really want to raise a generation that is lawless??
if a person wishes to get a loan (which is a contract) then they should be expected to repay said loan...honor your contract
a student loan is a signature or character loan... you are getting a loan based on character or your word, that you are using this money for good (going to school) and you make that promise that you will re-pay that loan...... you gave your word, your bond, your promise.......you signed the contract which was very clear on the interest rate (be it a fixed 0% or even 25%...be it an adjustable (for example 5% + prime))……....you AGREED to the details of that contract.
forgiveness of a loan is wrong..those "students" signed a LEGAL CONTRACT... it is their JOB to pay that loan back..... otherwise what are we saying....do you really think we should be saying the law doesn't matter, legal contracts don't matter..... do we really want to raise a generation that is lawless??
if a person wishes to get a loan (which is a contract) then they should be expected to repay said loan...honor your contract
My word, means something...even with my kids...if I make a promise, I keep it... that is why I am very careful with my promises (for example if my daughter asks for something reasonable, I can say "sure, I will get that for you" (a promise)...but if she was to ask for something unreasonable or out of reach currently..I can then say "I will think about it, and we will see what we can do" (ie not a promise)
sorry but I grew up, and my decades in the military have show me that your word, your morals, your ethics, and YOUR INTEGRITY is truly your bond
I agree 100%, but don't expect the leftists/socialists to agree. Things like character, morals, and ethics are foreign concepts to them. Basically, they have none.
What's more eye opening is that the changes to IDR plans will have a far bigger impact on borrowers, but literally no one in this thread is bringing it up (other than me, desperate to engage someone in a conversation more advanced than "BiDeN bAd").
if 55% of Americans support having no integrity ...then those 55% are wrong...you took out a legal contract (that's what a loan is)...it is your responsibility to pay/honor your contract
Well this does not fix the real issue. The cost of college is the real rip off. I took my son on college visits 6 years ago and every campus we looked at had massive construction going on. This was all eight campuses we looked at. Colleges are nothing more than for profit corporations and since student loans are backed up by the government they increase the cost each and every year. Maybe you turned down 40k from the state of Nevada but I can promise you your in the minority. It's no different than those companies taking those PPP loans when they did not need them. It's all a money grab be you a democrat or republican the money grab statement is still valid.
If party is irrelevant, why did you explicitly single out Republicans?
Banks get handouts from the government
Farmers get handouts from the government
Oil companies get handouts from the government
Pharma companies get handouts from the government
If you are upset over middle class Americans getting a handout then you must also be upset with all of the corporate handouts!
have been for years.... no more bailouts...not to students, no to farmers, not to businesses....no more bailouts...
Yeah my wife and I busted our butts to pay off her loans ASAP. It was "only" $30k but that was still a lot of money to us. We thought the right thing to do was to sacrifice and prioritize so we could get rid of those loans. Apparently we should have just bought some new jet skis and waited for Uncle Sam to bail us out.
Obviously sarcasm. It does make me a little mad though. I can sympathize with people who are trying to make smart choices but are still struggling. But a lot of these people whining about student loans also probably buy a new $1500 phone every year, put a $3000 vacation on credit card, and have $600 car payments.
Deep down I know we did the right thing. Getting free of that debt felt great. Learning to sacrifice and prioritize pays off in the long run. The people clamoring for loan forgiveness may feel great today but it won't last. After that warm and fuzzy $10k glow wears off they'll still be in debt with no concept of sacrificing and prioritizing. Which makes for a crappy life.
Taxpayers like me appreciate your diligence and honesty. Since you know how to budget, you will find yourself continually "ahead of the pack" over your lifetime.
I am a "lowly" underpaid schoolteacher who was able to live a good life, see the world, and still accumulate enough wealth for an oceanfront retirement condo in Maui, because I know how to prioritize and budget.
Well, I guess the U.S. just isn't as smart or resourceful as the rest of the world, who manage both of those things just fine. We are falling behind the rest of the world because we have our priorities backwards. Healthcare and education take a backseat to tax cuts for the wealthy and big corporate subsidies. We will reap as we sow.
Agreed but couldn't rep you again, yet.
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