General Bernie unveils student debt cancellation bill

Discussion in 'The Off-topic Lounge' started by Toelocku, Jun 24, 2019.

  1. Shang Tsong2

    Shang Tsong2 ATM 3 CHAMPION OF THE WORLD
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    Yea if you notice 600 pound meals on your card statement at 2am I was just hungry. It wasn't high class hooker or anything
     
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  2. Hauler

    Hauler Unknown Member

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    Rather than bail these people out of their debt, I think we'd be better suited to financially educate people at a younger age so they understad how loans work. Financial responsibility is something that is largely missing from today's society. Paying off their commitments does nothing but perpetuate that problem.

    I don't agree with it when the government bails out companies and I have the same mindset when it comes to individuals. You signed the line. You made the decision. Own it.
     
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  3. Hauler

    Hauler Unknown Member

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    Legit question...

    Isn't free education the military's favorite carrot? What will they use to incentivize enrollment if free college education becomes a thing?
     
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  4. Hauler

    Hauler Unknown Member

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    Why? So they can prolong the real world for 4 more years?

    If it's a tradeschool or something that actually helps our society improve our workforce, I support it. But to have the taxpayers pick up the dime on a 4 year Art History degree? No.
     
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  5. JonJonesBeard

    JonJonesBeard The Face That Runs the Place

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    Primary education was devised by the government as a way to create compliant, obedient citizens.
     
  6. Filthy

    Filthy ZBM2.

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    decisions aren't consequences, because words have meanings.

    and we can't afford anything, we're in debt.
     
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  7. Filthy

    Filthy ZBM2.

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  8. Filthy

    Filthy ZBM2.

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    :)
     
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  9. JonJonesBeard

    JonJonesBeard The Face That Runs the Place

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    1) There are multiple ways to accomplish that goal. (See: Australia)

    2) The goal of the public school system at its inception was literally to create "good" citizens. There's a reason the government controls what's taught and why critical thinking isn't one of those things
     
  10. regular john

    regular john Interim Champion

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    Bernie obviously doesn't expect this bill to pass it exactly the way it's proposed. You aim high and hit in the middle.

    The democrats and left leaners all around the world just absolutely need to make noise and balance out the far right/extreme conservatives' perverse agenda of turning the world into a private stock market. The western world was built on progressive philosophy and welfare state policy. Every 30-40 years or so people go into a reactionary frenzy but extreme fiscal policies just make things worse.
     
  11. Kneeblock

    Kneeblock Jumbo shrimp

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    This is all wrong, but I don't have time to comment til later tonight because I'm traveling. Way to push the bootstraps ideology though.
     
  12. Never_Rolled

    Never_Rolled First 10,000

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    I also made that point and yes.
     
  13. Splinty

    Splinty Shake 'em off
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    I'm not pushing the bootstraps and I sourced a national level paper with the fact that it is outliers, not the median, that cant pay their loans.

    Rich kids don't need help. Middle class kids usually don't. Poor kids usually do and are also the most likely to not complete their degree, saddling them with debt and no skills. And with poor comes minority students most likely defaulting in these outlier amounts.

    Another...

    These are the students most crushed by the debt crisis


    The student loan problem is yet another example of resources natural propensity to accumulate. Poor kids take bigger loans make worse decisions more likely to drop out more likely to default.
    Rich kids take smaller loans more likely to graduate get a high income job pay off their loans.

    What in that description sounds like bootstrapping it?

    The reality is that the median amounts owed for those that graduate is not so high that they can't pay it off.

    It is a minority of outliers that graduate with huge debt and people that do not graduate that can't pay their loans.

    I have espoused plans that would continue payments and then forgive after some period of time. Such a plan would only benefit those outliers with abnormal high loan amounts and those that did not graduate. Those that took the usual loan and graduated and went to work would be able to pay off their debt. If I'm suggesting helping to cover those stuck in a debt cycle how is that bootstrapping? I also suggested holding schools accountable and not have the taxpayer guaranteeing bad loans, which includes not having the taxpayer guaranteeing loans to private for profit schools.
     
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  14. Never_Rolled

    Never_Rolled First 10,000

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    When he posts a War and Peace length answer it will be on you. You just had to poke the bear right?
     
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  15. Never_Rolled

    Never_Rolled First 10,000

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    Slightly off topic but interesting Hillsdale College does not take students with Gov. backed loans so they don’t have to abide by Title 9 rules. Interesting policy. They’re a small conservative school. Mainly they feel affirmative action is a racist policy.

    I had a German friend who was teaching German at Yale for a couple years. Yes he’s a smug liberal. He was making fun of them at a professor job fair. He loved teaching and Yale. Even got into firearms but hated the ghetto that surrounds Yale and moved back to Germany.
     
  16. Splinty

    Splinty Shake 'em off
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  17. RaginCajun

    RaginCajun I Like Gifs

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  18. Never_Rolled

    Never_Rolled First 10,000

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    It depends which side of the isle you ask.

    This is the mindset of many on the left. I realize this was about healthcare but mindset. The gov will take care of it don't worry. You don't need to be responsible. Just do whatever suits you.
     
    #68 Never_Rolled, Jun 25, 2019
    Last edited: Jun 25, 2019
  19. Toelocku

    Toelocku Nationalist Populist

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    Why do you hate art history?
     
  20. Toelocku

    Toelocku Nationalist Populist

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    That's true but it's up to the family to instill critical thinking skills in their children
     
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  21. Toelocku

    Toelocku Nationalist Populist

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    Yes words do have meanings and as I said bad decisions are a learning experience/consequence

    Enslaving young people to a lifetime of usurious interest should be illegal

    We definitely can afford it if we taxed properly and didn't spend stupidly
     
    #71 Toelocku, Jun 25, 2019
    Last edited: Jun 25, 2019
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  22. Toelocku

    Toelocku Nationalist Populist

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    Muh bootstraps
     
  23. JonJonesBeard

    JonJonesBeard The Face That Runs the Place

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    and how's that working out for everyone?
     
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  24. Filthy

    Filthy ZBM2.

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    Que?
     
  25. Toelocku

    Toelocku Nationalist Populist

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    Do you homeschool your children?
     
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