re: Almost 20,000 students ask to have student debts erased

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I was 100% opposed. I don't care who you are or what the loan is for. If you borrow money and agree to the terms of a lean, you either fulfill your obligations to that loan or face the financial consequences to come.

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ahh, to be young and naïve again.

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I feel really sad at how shitty all your parent(s) must actually be to let you jump into this meat grinder.

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My parents never went to college. They think it's the golden ticket that automatically rockets you to the upper class. In their mind, to not go if you can find a way is like signing up to work at walmart for the rest of your life. That's a big part of this.

You'd have to be a complete moron to be six figures in debt for a liberal arts degree. However, there are tons of folks who have that much when you combine undergrad with their graduate school costs.

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Honestly though, you seem to be pointing the blame at the students ITT, 100%. Do you really think that this starts and ends with the student taking out the loan?

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1. The cost of college and student loans is totally fricked up.

2. I do not think students created this problem but the fact that so many are willing to go along with it only means the problem won't be fixed anytime soon. Simply put, as long as there's a line of people willing to fork over to colleges what colleges demand for their product (namely a diploma) then the costs will never come down.

3. Once a student signs the papers on a student loan, they assume 100% of the responsibility of repaying that loan. Is that harsh? Yes, but they're "adults now, right?


Bottom line is yes, there needs to be changes to the cost of college and student loans. But the answer to that problem is not to "forgive" (i.e. allow default) of those loans nor is it to have "free" college either. This country has already dug a $20 trillion dollar hole and a good chunk of that came from allowing loans to be defaulted. It's got to stop if we have a prayer of not driving this whole country into bankruptcy and economic collapse.

I paid my college loans off. Paid off my tech school loans as well and didnt even use my GI Bill to do it.
It seems like college is just more of a sense of entitlement these days than an actual need. My degree doesnt help me with anything and I knew it wouldn't. My tech school certifications I did as a back up incase I ever needed it but I wouldn't want to do it by choice. It is more common now that people dont carry their own water. Always looking for a way out, a handout or the easy way.
Most of my employees have Masters degrees
That arent worth dick and make 1/2 of what I do and cant handle the job. If your listening to someone selling something like placement stats for a worthless job you have to be stupid to begin with. If someone has got to sell it then it ain't worth buying.
Although both my parents have degrees it wasnt pushed down my throat to get one nor was it paid for by them as my father passed while I was in my teens. What was pushed was hard work and common sense.
I think if the debt is forgiven then the degree should be voided/ retracted as a result.

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Most of my employees have Masters degrees
That arent worth dick and make 1/2 of what I do and cant handle the job.

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I bet they can communicate effectively. You're so full of shite. You don't have any employees.

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I agree completely. I'm one of the examples where my student loan ROI has come back tenfold, because I too earn a nice living. I'll never discount personal responsibility. My point is that screaming "personal responsibility" repeatedly is not fixing a broken system. Darth is essentially giving corruption a pass. it's like saying "well you shouldn't gamble on horse races, everyone knows they're fixed." Well, yea. But does that make it okay to fix horse races? Of course not.

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Read my last post where I said the system is fricked up and needs to be fixed. My point though is that the fix is not to "forgive" those student loans. And as for why I've been discussing this aspect of the matter. Well, look at the title of the tread.

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Almost 20,000 students ask to have student debts erased by cas4t

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Are you seriously going to sit here and act like you had it all figured out at 18?

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I graduated from college, in a recession, with zero debt. My parents paid for college with the expectation that afterwards, they could cut me loose and I would sink or swim. I chose to swim. It isn't because I'm better than anyone nowadays, it's because we were raised much differently. That's also the reason so many Xers are so critical of today's 18yo's. They speak a totally different language when it comes to what they expect from the world and how they should be treated.

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You're so full of shite. You don't have any employees.

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You're accusing him of being a liar. What proof do you have to back this up other than he's saying things you don't like? you made the accusation. Now the onus is on you to prove your accusation is accurate. Otherwise you just look small and petty, hurling insults (like you usually do) at anyone who says things you don't like.