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John Oliver Goes Hard on Student Loans Forgiveness: LSU and LA College Funding Addressed
Posted on 3/21/24 at 7:34 am
Posted on 3/21/24 at 7:34 am
Last Week Tonight - Student Loans
JBE blames the Louisiana Constitution.
Oliver makes fun of the LSU Lazy River.
JBE blames the Louisiana Constitution.
Oliver makes fun of the LSU Lazy River.
This post was edited on 3/21/24 at 7:49 am
20
Posted on 3/21/24 at 7:37 am to Tarps99
John Oliver is a woke mouth piece. I didn't click the link.... he may be spot on, but I can't stand him long enough to find out.
Posted on 3/21/24 at 7:40 am to Tarps99
I'm watching now, he's already showed a video that is bullshite unless the woman somehow got a compounding interest student loan.
Posted on 3/21/24 at 7:41 am to Tarps99
Most people don’t know that they named it in honor of George Floyd
Posted on 3/21/24 at 7:54 am to Tarps99
His video on Boeing was pretty good
Posted on 3/21/24 at 7:56 am to Tarps99
Oliver is very smug. Hard to watch but I will.
Posted on 3/21/24 at 7:57 am to Tarps99
Student loan forgiveness makes me irrationally angry. Why not drop the interest rate to 1% instead of forgiving the whole damn thing.
Posted on 3/21/24 at 7:58 am to Tarps99
And there he is, F King Alexander. Front and center.
The man who cared more about politics and the “political ecology” of the university than what was best for it.
Playing both sides as always. Making the hard decisions on one side and playing the victim on another.
He’s like a prostitute that will charge you double on Tuesday, then claim they were raped on Thursday because the money’s all gone already.
The real monsters are always in the courtyard getting the story “right” when the world arrives to care.
Jindal was no paragon either. But at least accountability was finally forced on a sham.
The man who cared more about politics and the “political ecology” of the university than what was best for it.
Playing both sides as always. Making the hard decisions on one side and playing the victim on another.
He’s like a prostitute that will charge you double on Tuesday, then claim they were raped on Thursday because the money’s all gone already.
The real monsters are always in the courtyard getting the story “right” when the world arrives to care.
Jindal was no paragon either. But at least accountability was finally forced on a sham.
Posted on 3/21/24 at 7:59 am to Tarps99
One beef that was missing in the JBE part was that a number of LSU students are TOPS eligible and LSU is still getting funding from the state.
Posted on 3/21/24 at 8:01 am to Tarps99
People love to hammer the LSU Lazy River… but calling out LSU for being needlessly expensive to students is more than a bit disingenuous. The truth is LSU is pretty cheap compared to most universities and TOPS covers a large portion of students.
Lumping LSU in with schools that charge exorbitant tuition isn’t right. LSU has been named in the past as one of the best values in higher ed, not a school that requires backbreaking loans.
Lumping LSU in with schools that charge exorbitant tuition isn’t right. LSU has been named in the past as one of the best values in higher ed, not a school that requires backbreaking loans.
Posted on 3/21/24 at 8:39 am to Tarps99
The piece is amusing, but it gets the history wrong.
F. King should get plenty of blame, not credit, but the real source of slashing funding for public education is Bobby Jindal. And he did it in a BIG way.
Like him or not, JBE did make Constitutionally mandated cuts, but he also sought to restore some of the Jindal cuts.
F. King should get plenty of blame, not credit, but the real source of slashing funding for public education is Bobby Jindal. And he did it in a BIG way.
Like him or not, JBE did make Constitutionally mandated cuts, but he also sought to restore some of the Jindal cuts.
Posted on 3/21/24 at 9:00 am to Tarps99
quote:
LSU Lazy River
‘Splain to me like I’m 5.
Posted on 3/21/24 at 9:05 am to Tarps99
He voted for this shite LMAO. Dude is a grifting clown
Posted on 3/21/24 at 9:10 am to Tarps99
He went as hard on student loan forgiveness as his wife's boyfriend goes on her.
Posted on 3/21/24 at 9:21 am to Tarps99
John Oliver's show was fanfrickingtastic before Donald Trump became President. It was a pretty hard hitting investigative journalism show. The topics were all over the board and generally unbiased politically or didn't involve politics at all.
Trump broke him.
He couldn't talk about anything else for years and still can't let it go that people support Trump. He was absolutely mindfricked by Donald J. Trump. He has bright spots every now and then where he forgets about 45, but it always boils back up to the surface.
Trump broke him.
He couldn't talk about anything else for years and still can't let it go that people support Trump. He was absolutely mindfricked by Donald J. Trump. He has bright spots every now and then where he forgets about 45, but it always boils back up to the surface.
Posted on 3/21/24 at 11:02 am to Tarps99
I listened to the whole thing. Not as bad as I thought it would be.
1. These kids not understanding how loans work and being given a pass for it is bunk. Get educated on how it works. The only way paying more than the loan balance over 10 years happens is you're not paying the full amortized amount and the remaining interest is capitalized to the principal.
2. Capitalized interest needs to stop and those who have been getting hit with it need to have it taken into account. I'm more than happy to cut a break to someone who has more than paid their balance back in capitalized interest.
3. I thought it was interesting that early student loans targeted STEM and expanded from there into other occupations deemed necessary for the growth of the nation. We are a long way from where it started where we now give loans for anything under the sun. Need to dial it back and cut out the garbage.
4. Occupations that don't really need degrees need to get back to more on-the-job training.
5. Any talk of fully tax payer funded higher education needs to come with discussion about assessing aptitude out of high school as well as rate of return on a chosen major. No, we aren't just better off as a country with more "educated" people. We need to be educated in what is most economically beneficial. Go to Youtube, the internet, or the library for the other stuff.
6. Speaking of rate of return, they brought up 18 year olds can get $100k in loans to go to college; education loans need to be underwritten just like any other major loan like houses and cars. Bad credit risks get bad terms and shorter leashes than good credit risks. Good credit risk would mean high GPA (highschool and maintaining in college) and majors in high demand with solid earning potential. The bad credit risks need to prove themselves after 1 semester and get yanked if they don't cut it.
7. These kids with $25k or less need to get a grip. That's more than manageable if they are willing to do what is necessary in the short term. Lean up your life; live as cheaply as possible and they'd be out of debt in just a few years.
8. Fix the problem at the university level. All this band aid stuff is just buying votes. We have too many students enrolled in too many things. Colleges will likely fight tooth and nail to keep the loans flowing and enrollment up, but that's the problem. A lot of fat out there that can be trimmed.
1. These kids not understanding how loans work and being given a pass for it is bunk. Get educated on how it works. The only way paying more than the loan balance over 10 years happens is you're not paying the full amortized amount and the remaining interest is capitalized to the principal.
2. Capitalized interest needs to stop and those who have been getting hit with it need to have it taken into account. I'm more than happy to cut a break to someone who has more than paid their balance back in capitalized interest.
3. I thought it was interesting that early student loans targeted STEM and expanded from there into other occupations deemed necessary for the growth of the nation. We are a long way from where it started where we now give loans for anything under the sun. Need to dial it back and cut out the garbage.
4. Occupations that don't really need degrees need to get back to more on-the-job training.
5. Any talk of fully tax payer funded higher education needs to come with discussion about assessing aptitude out of high school as well as rate of return on a chosen major. No, we aren't just better off as a country with more "educated" people. We need to be educated in what is most economically beneficial. Go to Youtube, the internet, or the library for the other stuff.
6. Speaking of rate of return, they brought up 18 year olds can get $100k in loans to go to college; education loans need to be underwritten just like any other major loan like houses and cars. Bad credit risks get bad terms and shorter leashes than good credit risks. Good credit risk would mean high GPA (highschool and maintaining in college) and majors in high demand with solid earning potential. The bad credit risks need to prove themselves after 1 semester and get yanked if they don't cut it.
7. These kids with $25k or less need to get a grip. That's more than manageable if they are willing to do what is necessary in the short term. Lean up your life; live as cheaply as possible and they'd be out of debt in just a few years.
8. Fix the problem at the university level. All this band aid stuff is just buying votes. We have too many students enrolled in too many things. Colleges will likely fight tooth and nail to keep the loans flowing and enrollment up, but that's the problem. A lot of fat out there that can be trimmed.
Posted on 3/21/24 at 11:29 am to Tarps99
It’s crazy, he breaks it down pretty well honestly and it’s a good level view of everything. But then he gets into ideas about how to fix things and it’s just “forgive everything and don’t fix the system”. It’s obvious that part is the mouthpiece, especially when he just starts rambling praising Biden
Posted on 3/21/24 at 12:19 pm to Tarps99
The students voted on a tax to fund the lazy river…didn’t they
Posted on 3/21/24 at 4:57 pm to Tarps99
Dont worry, Trump will be back in the white house and he can continue is regular scheduled programming.
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