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re: A new idea for student loan debt
Posted on 10/24/19 at 3:45 pm to coolpapaboze
Posted on 10/24/19 at 3:45 pm to coolpapaboze
It should be part of Chapter 7 or 13s or whatever. The government should know they ain't loan sharks and have no business handing out money to 17-18 year olds online within a few minutes. Let the professionals handle loans and let these punks go to community college if needed. We aren't in the loan business as tax payers.
Posted on 10/24/19 at 3:51 pm to tigeraddict
quote:
it does nothing for the people who worked their asses off to not take off loans, or who were smart and went to local colleges instead of out of state/private and got a degree with a better cost to worth ratio
That's an extremely valid point.
Maybe everyone with a college degree should get a $50,000 tax credit. I mean... since we are throwing around free money, lol
Posted on 10/24/19 at 3:51 pm to LSUFanHouston
quote:
he suggests offering them a $50,000 tax credit.
How about give all tax payers a $50k tax credit. Hell lets forgive all tax bills and just start over.
Taxpayers pay enough for "free" shite now. I used to be all for helping college kids get a college degree but colleges have just turned that into a money grab by offering bullshite degrees that aren't worth the paper they are wrote on, just to get money out of dumb students.
Posted on 10/24/19 at 3:53 pm to coolpapaboze
quote:Predatory Lending, and the schools love it, especially the non-state schools.
It's like the mafia loaning money to someone they know can't pay and then basically using them for whatever they need.
Oh I can charge $40,000 in tuition for my 120th ranked law school? don't mind if i do!
There are definitely some deceptive practices used by the schools and I would say moreso in the graduate fields, that full on take advantage of young, naive students with high job expecation but low real world experience. Without an appropriate guiding influence it can easily get out of hand for these people.
Posted on 10/24/19 at 3:53 pm to Dawgfanman
quote:oh if it were only a perfect world where you can still live with mommy and daddy
So don’t take out loans for that much. Live at home with parents and go to local school.
white privilege post if i ever saw one
Posted on 10/24/19 at 3:53 pm to Jrv2damac
quote:
Don’t get into any unless you know you’ll get a fricking job that can pay for it
That's a big part of this. There are few 18 year olds out there who would know this. And even if they do their research as an 18 year old, who knows what the market will look like in 5 years, 10 years, etc.
Posted on 10/24/19 at 3:54 pm to LSUFanHouston
I’m down with that plan. Use the parable of the prodigal son as your moral compass.
These young people were often hoodwinked by the powers that be in society to take the loans let’s help them out a little and charge those same powers that be for it. AND others that did repay get the tax credit!
This would have to be coupled with serious education reform. Most college courses are a waste of time and money just to keep you there for four years. You can take the basics and definitely electives digitally and have professors for the stuff you really need. There is zero need for some tranny activist adjunct to teach a room of 30 people Comp 1 at the community college, complete waste.
These young people were often hoodwinked by the powers that be in society to take the loans let’s help them out a little and charge those same powers that be for it. AND others that did repay get the tax credit!
This would have to be coupled with serious education reform. Most college courses are a waste of time and money just to keep you there for four years. You can take the basics and definitely electives digitally and have professors for the stuff you really need. There is zero need for some tranny activist adjunct to teach a room of 30 people Comp 1 at the community college, complete waste.
Posted on 10/24/19 at 3:54 pm to tigeraddict
quote:
it does nothing for the people who worked their asses off to not take off loans, or who were smart and went to local colleges instead of out of state/private and got a degree with a better cost to worth ratio
I recently talked to a guy that would have loved to have gone to LSU but went to another Louisiana school to use a scholarship and live at home to avoid debt. Should he also get the $50K tax credit and maybe season tickets to LSU games to make up for missed college life experiences?
Posted on 10/24/19 at 3:54 pm to fjlee90
quote:
Let the market decide the rate. Seeing a 12% interest rate for a gender studies degree from Yale should open some eyes.
Then again, don't tempt stupid.
As long as there is no credit check and everyone qualifies, how is this going to stop an 18 year old from signing up?
Posted on 10/24/19 at 3:55 pm to AuburnTigers
quote:
white privilege post if i ever saw one
Black kids don’t have parents? Racist much?
Posted on 10/24/19 at 3:57 pm to AuburnTigers
quote:
white privilege post if i ever saw one
Ahhhhhh the tracks of the elusive snowflake. Follow them and they will lead you to the den of hairy armpits and body odor
Posted on 10/24/19 at 3:57 pm to Dawgfanman
quote:
Black kids don’t have parents?
Statistically 70% don’t have daddy around.
Posted on 10/24/19 at 3:58 pm to LSUFanHouston
quote:
For people who’ve already repaid their debt, he suggests offering them a $50,000 tax credit
Logistical nightmare with paperwork and tracking down old loans. Yeesh
Posted on 10/24/19 at 3:59 pm to AuburnTigers
quote:
oh if it were only a perfect world where you can still live with mommy and daddy
white privilege post if i ever saw one
Didn't know non-whites don't have parents. Weird
This post was edited on 10/24/19 at 4:01 pm
Posted on 10/24/19 at 3:59 pm to LSUFanHouston
quote:
As long as there is no credit check and everyone qualifies, how is this going to stop an 18 year old from signing up
I think you answered your own question.
Posted on 10/24/19 at 4:01 pm to Joshua John Ward
quote:that'll leave a mark
Statistically 70% don’t have daddy around.
Posted on 10/24/19 at 4:06 pm to AuburnTigers
quote:
quote: Statistically 70% don’t have daddy around. that'll leave a mark
The 30% that do make up the majority that go to college
Posted on 10/24/19 at 4:13 pm to LSUFanHouston
quote:
LSUFanHouston
I've noticed you have a ton of liberal instincts.
Posted on 10/24/19 at 4:20 pm to SSpaniel
Student loans can’t be discharged with bankruptcy. Change that. As Trump has said, bankruptcy is part of doing business; why not allow it for student loans?
Posted on 10/24/19 at 4:22 pm to Dawgfanman
quote:pulling number out of your arse again
The 30% that do make up the majority that go to college
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