re: Elizabeth Warren's Answer For Student Loan Debt - Tax Rich People

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Indeed he does! Of course, in your moocher's mentality world, personal responsibility never exists. Your approach is a corollary to the "You-didn't-build-that" BS. The TUba corollary . . . "I'm not responsible for what I built (or didn't build)," aka "I'm-never-responsible-for-my-own-decisions." In Spidy-world, poor personal decisions, lassitude, indolence, etc. are always someone else's problem. They are always someone else's fault. Always! End result: An incapable, incompetent, insecure adult who is so dependency addicted, he has no idea how to rehabilitate. He absolutely loathes independent, successful individuals. Yet he realizes he needs them, as he shimmies up to them hoping to latch on, and suck off their resources, like a fat leech.

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I have student loan debt and, while it sucks, I don't think a rich man should have to pay it back for me. It's my debt, not Donald Trump's.

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RollTide1987

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I have student loan debt

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Why does anyone at all need to be taxed to pay for someone else's student loans?

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Fewer and fewer.

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The number of college graduates working minimum wage jobs is nearly 71 percent higher than it was a decade ago, according to the Bureau of Labor Statistics' latest figures. As of 2012, 284,000 college graduates were working at or below the minimum wage, up from 167,000 in 2002 and more than two times the pre-recession low of 127,000 in 2006. The cohort includes an estimated 30,000 people with masters' degrees, a figure that is more than twice as high as it was in 2002 and three times as high as in 2006.

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Of 41.7 million working college graduates in 2010, about 48 percent of the class of 2010 work jobs that require less than a bachelor’s degree, and 38 percent of those polled didn’t even need high school diplomas, the report found. Authors Richard Vedder, Jonathan Robe and Christopher Denhart said that the country could be overeducating its citizens, and asked if too many public dollars are spent on producing graduates that the nation's economy doesn't need.

In 2010, 39.3 percent of adults between the ages of 25 and 34 had a post-secondary degree, up from 38.8 percent in 2009. While the rate has creeped up steadily since 2008, underemployment has kept pace, according to Vedder's research -- the report found that the number of college grads will grow by 19 million between 2010 and 2020, while the number of jobs requiring that education is expected to grow by less than 7 million.

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Of the nearly 3 million recent college grads, 152,000 are working in retail sales and nearly 100,000 work as waiters, bartenders or in other food service posts. Another 80,000 serve as clerks or customer service representatives, with 60,000 working in construction or manual labor.

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