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re: The lesson seems to be, college is a BAD DEAL for lots of folks
Posted on 8/24/22 at 8:07 pm to onmymedicalgrind
Posted on 8/24/22 at 8:07 pm to onmymedicalgrind
quote:
Yes, universities need to have skin in the game when it comes to student loans.
So you can frick them over too?
1
Posted on 8/24/22 at 8:45 pm to Y.A. Tittle
College is great if you want to learn how to do what you’re told. Completely unnecessary for free thinkers.
Posted on 8/24/22 at 8:52 pm to KillTheGophers
quote:
Engineering
Accounting
Mathematics
Medical
Nursing
Education
Foreign language
If you ain’t going to college for one of the preceding subjects, you probably don’t need to be in college.
Missing a good bit of science majors with your list. Business, too.
Posted on 8/24/22 at 8:55 pm to theRealJesseD
You’re not very smart are you?
Posted on 8/24/22 at 9:02 pm to Y.A. Tittle
quote:
Shouldn't this be a big concern we look to address going forward?
Exactamundo!!!
Posted on 8/24/22 at 9:04 pm to onmymedicalgrind
quote:
You’re not very smart
I’ve run circles around your feeble racist mind all evening.
Posted on 8/24/22 at 9:07 pm to Y.A. Tittle
If you simply allowed student loans to be discharged in bankruptcy like any other debt then market forces would correct the problem. You’d get back to honestly assessing risk and tuition would therefore come back down without all the free money floating around.
Posted on 8/24/22 at 10:22 pm to HooDooWitch
quote:
Trade schools are a more practical path for many.
Cost less, and hit the workforce quicker and with less debt.
Yes.
And we need to get back to that type of curriculum in high school and grammar school.
There’s thousands of ways to “make money” and have a successful and satisfying life.
We don’t teach students how to make a living.
We don’t even teach students how to add, subtract, read or write anymore.
Posted on 8/24/22 at 10:27 pm to boosiebadazz
quote:That only makes sense in a world where the interest rates on those loans are priced according to the risk of default--rather than fixed by the government.
If you simply allowed student loans to be discharged in bankruptcy like any other debt then market forces would correct the problem. You’d get back to honestly assessing risk...
Otherwise it's welfare. And rife for abuse. Any intelligent 22-year old could easily declare bankruptcy and have little consequence.
If we let the interest rate float... it would be the full legal usury rate. Defaults on SLs are way higher than store credit cards.
This post was edited on 8/24/22 at 10:29 pm
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