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

Posted on 6/2/16 at 9:24 am to
Posted by Scooba
Member since Jun 2013
20005 posts
Posted on 6/2/16 at 9:24 am to
I busted my arse the past few years to pay all of mine off. I will be pissed if I have to continue working and giving tax dollars to pay for those that picked a jobless degree.
Posted by Teddy Ruxpin
Member since Oct 2006
40531 posts
Posted on 6/2/16 at 9:26 am to
quote:

1) I make too much money (not a lot, just over the limit for forgiveness im sure)


There is no such income limit on student loan forgiveness under the various federal programs.
Posted by StringedInstruments
Member since Oct 2013
20348 posts
Posted on 6/2/16 at 9:26 am to
quote:

excessive professor salaries should be addressed.


Lol wut
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 6/2/16 at 9:26 am to
quote:

Precious snowflakes can never admit mistakes. Pay back your loans, bitchasses. Go learn a trade, go acquire a skill that's in demand. Just quit whining.


Only thing I can think of with "deceiving" is maybe those "colleges" you hear about on the radio talking about how you can start your new career today. Maybe the University of Phoenix type of commercials showing the guy with a job. I've never seen anything from a real institution about getting a job or how much money you'll make after college. There may be some statistics out there, but nothing used in say the commercials during a football game or something.
Posted by NIH
Member since Aug 2008
119452 posts
Posted on 6/2/16 at 9:28 am to
Right. And TOPS is eventually going to be eliminated. Maybe not next year but within 5-10. I can only imagine how high tuition will be at that point.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42786 posts
Posted on 6/2/16 at 9:29 am to
Liberal Arts majors! (jk, but maybe not)

I have about 50k left to pay off, but I was smart enough to get a degree in Engineering hahaha.
Posted by cas4t
Member since Jan 2010
71881 posts
Posted on 6/2/16 at 9:29 am to
quote:

college isn't for everyone



no shite. But it could and should be more accessible for those without means; this is America after all.

This "college isn't for everyone" is apparently the new company line to justify the asinine increase in college tuition the last 4 decades and the price gouging of books. It's a lazy response to a complex issue.
This post was edited on 6/2/16 at 9:31 am
Posted by Bluefin
The Banana Stand
Member since Apr 2011
13428 posts
Posted on 6/2/16 at 9:30 am to
quote:

They could've been working 1-2 jobs during school instead of partying.

I worked through all of college and didn't get to enjoy much of a typical college social life for 4 years. I wanted to start paying off the debt as soon as possible.

In the end, I realized the money I made barely covered my books and rent. I regret working so much and missing out on what should've been the most fun years of my life.
Posted by Fewer Kilometers
Baton Rouge
Member since Dec 2007
37849 posts
Posted on 6/2/16 at 9:30 am to
quote:

Only thing I can think of with "deceiving" is maybe those "colleges" you hear about on the radio talking about how you can start your new career today.



Trump U is for YOU!
Posted by Fewer Kilometers
Baton Rouge
Member since Dec 2007
37849 posts
Posted on 6/2/16 at 9:31 am to
Sat next to a kid in New Orleans who was pontificating on how he wasn't concerned about his student debt because the entire system would eventually collapse and these companies would be forced to write it all off as a tremendous loss.

Good plan.
Posted by ManBearTiger
BRLA
Member since Jun 2007
22299 posts
Posted on 6/2/16 at 9:32 am to
quote:

While I disagree with paying off student debt, considering that I have over $200k myself, that is no longer possible at current tuition prices. You cannot work enough and go to school to pay off the increasing costs of college tuition.



'tis very true.

Say you work full time earning $10.00/hour, which would be generous for a student. After taxes you're lucky to break through with $1200-1300/month. That's about $15,000/year.


If you're a workhorse and attending school full-time, that's at least $10,000, 2/3 of your annual income, wiped out right off the bat. You're left with $5000 for rent, food, and transportation for a year- just basic sustenance costs.

You'll be very hard pressed to find an apartment going for less than $450/month, rent and utilities, in BR- that's $5,400 right there.

Not even accounting for food and transportation, you're already overbudget.
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 6/2/16 at 9:32 am to
quote:

get a telemarketer call nearly every day telling me that the government is forgiving student loan debts. I


That's funny because I get a real person calling me twice a day telling me that I should pay mine. I think I'll sit back and see how this whole forgiveness thing plays out.
Posted by tduecen
Member since Nov 2006
161245 posts
Posted on 6/2/16 at 9:33 am to
Applying for forgiveness now
Posted by Topwater Trout
Red Stick
Member since Oct 2010
69420 posts
Posted on 6/2/16 at 9:34 am to
quote:

to justify the asinine increase in college tuition the last 4 decades and the price gouging of books. It's a lazy response to a complex issue.


yeh because the price of everything else hasn't increased

quote:

But it could and should be more accessible for those without means; this is America after all.


They have plenty of options. How many go to college (that shouldn't) and just drop out after a year or 2 and waste taxpayer dollars?
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
36237 posts
Posted on 6/2/16 at 9:34 am to
quote:

no shite. But it could and should be more accessible for those without means; this is America after all.


Earn a academic scholarship.
Posted by tduecen
Member since Nov 2006
161245 posts
Posted on 6/2/16 at 9:35 am to
just make everyone who received TOPS and didn't graduate pay it back.
Posted by ipodking
#StopTalkingAboutWomensSports
Member since Jun 2008
58332 posts
Posted on 6/2/16 at 9:36 am to
Bernie will fix everything when he gets in office. You shouldn't have to get a loan to go to college.
Posted by cas4t
Member since Jan 2010
71881 posts
Posted on 6/2/16 at 9:36 am to
When were you in college, out of curiosity?
Posted by chryso
Baton Rouge
Member since Jul 2008
13505 posts
Posted on 6/2/16 at 9:36 am to
1 It is in our nations best interest to have a well educated population.

2 Define "exorbitant professor salaries." Do you not want good professors?
Posted by NIH
Member since Aug 2008
119452 posts
Posted on 6/2/16 at 9:36 am to
College tuition has far outpaced inflation. It's not like we're talking about the price of milk. A full year's cost of attendance is probably at $25,000 these days.
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