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Started By
Message
re: Cancel student debt for nearly everyone?
Posted on 1/31/20 at 12:22 pm to Papplesbeast
Posted on 1/31/20 at 12:22 pm to Papplesbeast
quote:
Universities increasing tuition is rational. If universities saw enrollment drop when they increase tuition, they wouldn't be so quick to do it.
Sort of true.
The problem is already too much government intervention. The government will give anyone a student loan no matter what. Sound familiar? (mortgage crisis) This drives tuition up.
If private banks had to back the loans maybe they would look into who is borrowing the money and ask important questions...
Are you getting an art degree for $200,000? No way you will ever pay that back. No loan for you
That’s the root of the problem
0
Posted on 1/31/20 at 12:39 pm to DavidTheGnome
quote:
This doesn't cancel any debt. This transfers responsibility from the person who agreed to the loan to others who did not agree to the loan.
quote:
Exactly
/thread
Posted on 1/31/20 at 12:47 pm to lsu xman
Easy to say these things when you'll never be in the position to do it.
Posted on 1/31/20 at 12:48 pm to GregMaddux
quote:
Sup with the 5 percent of people getting fricked
i guaran-damned-tee i'd be in that 5% (although, we'd all be fricked much harder than that if Warren were president--God have mercy on our souls).
Posted on 1/31/20 at 12:51 pm to Mr Perfect
quote:
where were you to whine about auto bailout or banker bailout?
didn't hear a peep from your arse then did we..
Pretty sure there were plenty of peeps of people against this.
You sound like a 12 year old dumbass.
Posted on 1/31/20 at 12:53 pm to Mr Perfect
quote:
oh weird. college isn't a free market system since the feds got involved so why you out here supporting them gouging students? explain it dude. you're a walking arse contradiction
One of the biggest reasons students are getting gouged on college tuition costs is because the federal govt handed out lots of money to anyone. We can also discuss universities becoming pretty much luxury resorts and passing costs on to students. The university where I work just finished building a $106M recreation center. Plenty of other new construction and rennovations as well.
Colleges and universities saw an opportunity to cash in.
And here we are.
This post was edited on 1/31/20 at 12:55 pm
Posted on 1/31/20 at 12:54 pm to lsu xman
I feel like I don’t have to voice any other opinion in this thread as it’s been covered ad nauseam. But frick socialists like Warren and the rest of the Democrats.
Posted on 1/31/20 at 12:59 pm to lsu xman
And what about us parents who paid our kids tuition even though it was costly for us?
If I knew this would happen I woulda had her take out a student loan
If I knew this would happen I woulda had her take out a student loan
Posted on 1/31/20 at 1:03 pm to lsu xman
Who are the 5% that wouldn’t be included? High earners?
Posted on 1/31/20 at 1:05 pm to Smeg
quote:Seems more unfair to the students who still have the debt, but actually got meaningful degrees and make "too much" to qualify. That plan is a fricking joke
Seems unfair to the students who worked hard and paid off their loans.
Posted on 1/31/20 at 1:08 pm to i am dan
quote:
One of the biggest reasons students are getting gouged on college tuition costs is because the federal govt handed out lots of money to anyone. We can also discuss universities becoming pretty much luxury resorts and passing costs on to students. The university where I work just finished building a $106M recreation center. Plenty of other new construction and rennovations as well.
LSU spent 85 million on recreational facilities a few years ago, complete with a lazy river
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