They'll forgive student debt 1 week after you pay them off.
General Student Debt Relief - Scrapped
- Thread starter Hauler
- Start date
If the gov't never got involved in student loans, tuition wouldn't be so high.
Once again, DC is struggling to fix something they fucked up the first time they tried to fix it.
Time for them to double down and make it way worse.
Removing colleges from loan risk is what got us into this mess. Colleges used to be on the hook for 50% of the loan should the borrower default. This practice made colleges actually consider the student/borrower, their major & future possibility of actually making payments. This, of course, is a racist practice so colleges were given a blank check to approve nearly everyone when their "skin in the game" was removed. This allowed colleges to greatly expand worthless departments & faculty. This raises teh overall cost to customers/students.
Put colleges back on the hook for 50% of the student loans & watch the cost of college plummet. You'll also see the reduction in useless degrees.
I'm a college dropout as I didn't want to go into debt & ran out of money. Made about 193 last year. 1st powerplant construction job after dropping out was paying nearly 2200/week with the ot. 1st operator position in 07 started around 80-85/yr base but didn't have to travel & could ride a bicycle to work 1/2 the time.
Lol... now I make nothing hahaha....
I do brotha.... no luck. I have a bit of an inside to a maint planner job at the power plant I started at as the maint manager is a friend. We shall see. Less money but straight days, better life.
I'll stay on shift as long as my body holds together. I prefer the lack of politics while on shift. Still get more than my share of it during supervisor & manager monthly meetings as well as the days I have to be here during the week.
I completely get that, i'm almost 50 now so I kinda think the 4 days, 4.5 day weeks might help with health issues.
I'll be 46 this year. I'm still one of the youngest in the control room. On my crew, my youngest dispatcher is 2days younger than me. Oldest just turned 62 & another is early 50's. I'm also the youngest senior by 10yrs. Two are in their 60's while the next youngest is, I think, 57.
And all of that coincided with the gov't accepting the risk of loans instead of the banks.
Colleges everywhere jacked up their rates knowing the gov't wouldn't deny the figure. It was an open checkbook they took full advantage of.
Anything DC touches gets completely fucked up.
Same.
Entered the work force after a couple years of college to pay for tuition. Never went back.
Now I'm hiring for jobs that require a degree that I don't have. That irony isn't lost on me and I go to bat for an otherwise qualified applicant on the regular.
For many professions, college is a scam.
The students need to see that, and so do corporations.
Agreed. Of course the "equality" groups chime in & say that going back to actually vetting borrowers isn't fair. Is it "unfair"? Sure it is. If you're rich & your daughter wants to take women's studies for her Mrs. degree, that'll be fine as the family has the money to secure the loan. Now are you going to give the same loan to a poor kid from the trailer park or projects? Hell no. How are those kids going to payback the loan when graduating with that piece of paper? Now a good student from a poor family looking at an engineering, applied mathematics, physics or other STEM based subject would likely be granted the loan. If they do well in life, that students kids can fuck off with the useless degree if that's what they want.
If college tuition was a sound financial investment, people would come out of college easily making enough to repay their loans and this would be a non-issue.
You may be thinking "Damn. Does
@Hauler ever get tired of being right all the time?"Biden just cancelled a 6M barrel order that was supposed to help refill the Strategic Petroleum Reserve from when he released 180M barrels for political gain.
Why did he cancel? The prices are way too high. The reserves will remain empty as fuck. Good thing there's no uncertainty with Russia or China at the moment or we would be in a very precarious position.
Because Biden is a cunt but has no problem laundering money to the UkraineYou may be thinking "Damn. Does
Biden just cancelled a 6M barrel order that was supposed to help refill the Strategic Petroleum Reserve from when he released 180M barrels for political gain.
Why did he cancel? The prices are way too high. The reserves will remain empty as fuck. Good thing there's no uncertainty with Russia or China at the moment or we would be in a very precarious position.
I feel this way about reparations black folks are going to get their stuff paid for but latinos,whites and asians are still going to have to pay bills out their own earnings pretty messed up