Forget the lack of authority issue... what is the logic behind student loan forgiveness?
And where should it stop? Just certain groups and why? Just this year or going forward and why? And shouldn't the colleges be on the hook?
Replies to: Forget the lack of authority issue... what is the logic behind student loan forgiveness?
There is no logic to it just to buy votes from the underachieving kids who majored in a useless
major like social sciences.
There are more than a few high achieving students at the Univ. of Notre Dame who would disagree with
your characterization...and lack of knowledge.
Link: https://cuse.nd.edu/undergraduate-research/students/social-sciences/
It's to win votes, that's all it is
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We all know the value of higher education, but the Status Quo from an economic standpoint is
far from optimal...college costs are rising higher than inflation, and the loan industry is doing all it can to maximize profits, thus leaving those with minimal resources and wealth in a quandary...how to get ahead without sinking under un-payable debt.
We also know that the entire country benefits from a better educated and trained workforce, so on a 'Macro' scale it's worth contemplating government assistance...as part of a larger response to an important problem...btw, some nations view it important enough to make higher education (and trade skills) free for those who qualify (i.e. covered by taxes).
The attached article addresses the basic issue of "fairness" as well as some options for lowering the cost for those most in need.
Link: https://theconversation.com/the-ethics-of-canceling-student-debt-is-more-about-fairness-than-broken-promises-193288
Higher education is worthless. I'm living proof of that
When I got out of college with a B.A. in Computer Science, the best job I was offered was $6/hour to do Cobol programming and bill collecting for a division of Chase Manhattan. After two years of applying for better jobs and being denied promotions I said screw it and tried to be a pro golfer. My total income my whole life at age 62 is roughly $500,000.
I'm sure you're not suggesting that ND shut its doors...as a fellow poster, I hope things work out
much better as you continue to seek new opportunities.
The value of higher education only applies if you major in something you can use. Otherwise it
is a nice vacation or time to have fun.
You're painting with a very broad brush...while there are kids in college for fun and games, like
some from very wealthy families whose parents paid even more than average to get them into prestigious schools, I seriously doubt that the students trying to pull themselves up the economic ladder are in that cohort...data shows that over 70% of those in need of loan forgiveness are from low income backgrounds genuinely seeking better paying careers.
Re: The value of higher education only applies if you major in something you can use. Otherwise it
I am shocked. He did refer to some liberal commentary.
Here are a few jobs that Social Science majors qualify for...
...now if you had a college education you'd have known where to look for such information and not made a fool of yourself.
Link: https://www.indeed.com/career-advice/finding-a-job/bachelors-in-social-science-jobs
a complete middle finger to blue collar workers and low income demographics
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It's Bernie Sanders' socialism logic: Forgiving loan -> no loan -> free higher education
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In the 50's it was the military/industrial complex... today its the academic/admin state complex
Gonna be tough to dismantle because they have so many legislators in their pockets and they all love their cushy lives.
Special-interest groups are destroying American politics.
Regarding higher education, I do have suggestion which is a compromise solution between the left and the right and makes the issue politically neutral, therefore the special-interest groups become irrelevant. Will present my suggestion next time when we touch thus topic.
I’m 100% against student loan forgiveness…
Conor brought up a good idea a while back that I feel is fair and just: those that want their student loans forgiven should sign up for military service. During which time they could take advantage of the GI Bill and those funds would be used to pay back their student loans. Win win.
I am with you on this. It punishes parents who saved for their kids’ education.
But, I am OK with forgiveness of loans in exchange for any public or non profit service.
It need not be military service.
No free lunches. I am a huge proponent of government aid for higher education, but one must pay it back in some meaningful and equitable way.
I also favor a draft — 5 % of high school or college graduates being required to serve in military or public service, e.g., Habitat for Humanity or Peace Corps. Those 5% will learn they are the luckiest of Americans to be part of a selfless objective, part of a lifelong sisterhood and brotherhood. I would also throw in a $100k tax credit, that they can use over 10 years following their discharge from service.
That's an excellent idea...H.S. grads get a year or two of living and serving in the real world
before heading off to college or trade school...I recall many top business schools requiring at least a couple of years or work before applying for an MBA...students are more focused and bring more to the classroom from their experiences.
Re: I’m 100% against student loan forgiveness…
I seldom post, but as a 83 yr. veteran agree with you.
That or mandatory 7 years in a public sector job.
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100% agreement. Or sign up to be a teacher for minimum of five years.
Just paying it off with nothing in return is complete crap.
Is that before or after their pension, paid for by the taxpayer is vested?
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own your vote…he said he was going to do it. You sure hate a lot of stuff Biden does to vote for him
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Only a dim bulb agrees with every politicians policies. Do you blindly support…
everything the orange buffoon stands for?
never said I did but why vote for biden when you can’t stand much of what he does?
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To simplify it…there’s more things about Trump that I can’t stand than that of Biden.
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This is not an unreasonable position. Mine just happens to be the opposite.
We are cursed to have this terrible choice.
For me the tipping points are the border and the insane spending and regulation.
By now you should have realized that the solution to the border issue has already been agreed upon
in the Senate...Trump is blocking it...as for spending and regulation concerns, that's as vague as one can get...be specific...that's assuming you've given it careful thought.
btw, have you lost interest in Ukraine...and Trump's support of Putin in that conflict?
By now you should have realized that Biden is the president.
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And doing an excellent job getting much needed bi-partisan legislation passed...which in 4 yrs, DJT
kept promising, but never delivering...and...his admin delivered a bill to Congress on Day 1 for a solution to our border problems, which finally gained bi-partisan support in the Senate. Internationally, he's strengthened our alliances, restoring respect for the U.S. and holding firm against Russian and China....while also getting us through COVID, which his predecessor termed a hoax and then no worse than the Flu...even when he knew how deadly it was.
With Trump's ineptitude, stupidity and criminality...as testified to by GOP leaders who actually worked with/for him...it's an indictment of all who even consider him for office.
that’s worrisome given the absolute train wreck of the last 3.5 years.
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Exactly…the last 3.5 years have been a total joke
And last time I checked we aren’t voting for Mr Morality. Biden is no saint either.
Likely hates what Orange is going to do worse.
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and what’s that? Sure, he’s “not dignified” but his policies sure didn’t have the world and country
a mess like biden’s. it’s intriguing you’d rather see the country destroyed than vote for trump. your grandkids will thank you.
Yeah, it’s just his lack of dignity. Get a clue. Any other recent nominees for prez talking about
potentially suspending the constitution?
Frank, you’re smarter than that. Lawfare is alright through your eyes, though. Disappointing how
fast you are slipping.
No, not lawfare. Being above the law, concealing classified documents that the prez stole,
refusing to give them back, and plotting to overturn an election result are okay with you. Claiming absolute immunity for any crime the prez committed while in office is similarly fine with you. That’s not slipping, it’s the abyss.
did Biden not have documents for nearly 40 years he wasn’t supposed to have? Do you honestly believ
e man with horns was going to run the country? laughable
Obviously you have reading problems. That is not what Orange is charged with doing. Get help.
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It is exactly what he was charged with doing.
Charges: 40 counts in all, including:
32 counts of unlawful retention of national defense information;
One count of conspiracy to obstruct justice;
One count of withholding a document or record;
One count of corruptly concealing a document or record
One count of concealing a document in a federal investigation
One count of scheme to conceal
One count of false statements and representations
One count of altering, destroying, mutilating or concealing an object
One count of corruptly altering, destroying, mutilating or concealing a document, record or other object
Currying favor with voters while propping up an industry with a worthless product. Think bailout …
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My biggest problem with this is that it doesn't do anything to address the fundamental problem.
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My biggest problem is that they are paying deadbeats. They should be reimbursing me. Fuck the Dems.
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Without first addressing the causes of this problem...it exacerbates it
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Agreed.
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