C-south
Well-Known Member
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- Sep 15, 2018
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I agree with your points here. Not all of this is about people getting "gender studies degrees"This guy promoting a version of real life ‘Idiocracy’. SMH
Education and finance institutions see an opportunity to hold hostage access to valuable professions and make generally well-meaning, motivated, bright people pay a king’s ransom to enter those professions. The institutions hold no responsibility for this backward dynamic in our society, right?
Guess America doesn’t need engineers, or chemists, or nurses, or accountants, etc. We should all be freelance carpenters or diesel mechanics. MAGA
Absolutely agree. Why they aren't bankruptable is beyond ludicrousYou have a great point. What Biden should have done is make all federally backed student loans dischargeable through bankruptcy instead of forgiving x amount. That would stop the lenders and institutions from preying on inexperienced naive kids.
Capitalism for the win!I don’t disagree. Furthermore, incentivize state schools to stop the runaway tuition nonsense by withholding or limiting their federal lending when they don’t meet some affordability parameters. If you create a marketplace where state schools are competing for enrollment and drive the tuition prices down, I’d say we’d be in a better spot.
Then why were high school educators and guidance counselors telling students they should take out student loans to pay for their college knowing they would struggle to pay them back?The program was stupid. The banks were stupid. The universities were stupid.
That was a funny read, one would think that someone who educates children would be somewhat more intelligent? She obviously doesn’t understand how loans work..I'm 61 and have $70k in student loans. Why I refuse to pay it back. (msn.com)
61 year old btw, doesn't understand how loans, interest, or repayment schedules work. If paying a lot of interest bothers her I hope she didn't look too hard at her first 10 years of mortgage payments.
Then why were high school educators and guidance counselors telling students they should take out student loans to pay for their college knowing they would struggle to pay them back?
You're forgetting the biggest party responsible. The high school educators telling students and their parents they should get student loans to begin with.
Because they wrongly believed that was the appropriate thing to do.Then why were high school educators and guidance counselors telling students they should take out student loans to pay for their college knowing they would struggle to pay them back?
You're forgetting the biggest party responsible. The high school educators telling students and their parents they should get student loans to begin with.
So you advocate for the people providing this terrible advice to be held responsible? If universities and banks should feel the pain, then so should the high schools the pushed it. How many kids have you or your school burdened with debt knowing they wouldn't be able to pay it back?Because they wrongly believed that was the appropriate thing to do.
But similar to medical malpractice, if a person takes what turns out to be harmful advice from their health care provider, that person is not 100% to blame and should probably be compensated in some way if the damages are severe enough.
Rebate is one of the dumbest things I've ever read on hereUnless the backer of the agreement says you do not need to.
Consider it like a class action law suit or maybe a manufacturer's rebate.
It does, but sadly people a lot of parents out there trust teachers and guidance counselors to provide good advice and just go along with their suggestion. City and county school administrations for years pushed the every kid goes to college mantra. The easiest way for them to do that was push student loans. It made it sound easy and convenient. Parents aren't paying. Kid goes to college and gets a degree in something.........hopefully. Everyone wins!!! Except they left out the part about several thousand in debt. Oh, and they weren't given good guidance on what to major in either. Cultural studies? Philosophy? 13th century dead poets? Sure, student loans. No way that will get you a good job to be able to pay them back. School admin didn't care about that part. They just wanted kids in college.Don’t disagree, but to me good planning/guidance starts at home.