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Some of the greatest success stories I know are of men and women who went into a trade as opposed to going to college. Elite Democrats are asking them to fund bailouts of elite liberal wannabes who can’t pay back their egregious school loans.
yeah its really holding together...what a rubeThose responsible americans who benefitted from the $3.5T the government spent holding the economy and banking system together during the recession? Those resposnsible americans who feel that they should get vouchers so their brats can go Jesus Academy on the taxpayer dime?
Nothing wrong with a coal miner and factory worker wanting their daughter to go to college. Their is plenty wrong when the factory worker’s daughter assumes 6 digits in debt to attend an elite college three time zones away to concentrate in a major that pays less than what her father makes and then she expects the tax dollars off the backs of her father and his friends to bail her out.Sure because coal miners and factory workers spend their whole lives hoping their daughter becomes a miner or goes to work 12 hours a day on a 140 degree floor when she's not barefoot and pregnant.
yeah its really holding together...what a rube
LOL. Her father and his friends will pay the exact same taxes whether she is bailed out or not. There is no indication that tax reciepts in anyway affects government spending. It is just a matter of whether or dad's money is being spent on something worthwhile or whether is is going to pay for Air Force One to haul some idiot to play golf.Nothing wrong with a coal miner and factory worker wanting their daughter to go to college. Their is plenty wrong when the factory worker’s daughter assumes 6 digits in debt to attend an elite college three time zones away to concentrate in a major that pays less than what her father makes and then she expects the tax dollars off the backs of her father and his friends to bail her out.
More govt spending doesnt fix an economyThen we should spend the extra $1.5T on student loan forgiveness if you think the economy is sucking wind.
And BTW, every freaking generation since the baby boomers have been accumulating less and less wealth at comparable points in their lives because they are loaded down with more and more student loan debt that causes them to have to live more and more on maxed out credit cards. Most of it is going to be discharged anyway at the end of the 20 or 25 year period. All the "make em pay" people are effectively arguing for is for those borrowers to be hit with massive income tax bills when their discharge inevitably comes if it comes a second after January 1, 2026.
More govt spending doesnt fix an economy
The core point is people have no business assuming egregious amounts of debt to attend an elite private college three time zones away and concentrate in a major that has little to no prospect for a job to pay the loan back and expect US to pay for the loan. It’s time for regulation and criteria to prevent this. I would prefer US taxpayers funding free community college and small loans for state schools for that same student to major in something for which there is a job market.LOL. Her father and his friends will pay the exact same taxes whether she is bailed out or not. There is no indication that tax reciepts in anyway affects government spending. It is just a matter of whether or dad's money is being spent on something worthwhile or whether is is going to pay for Air Force One to haul some idiot to play golf.
Then we should spend the extra $1.5T on student loan forgiveness if you think the economy is sucking wind.
And BTW, every freaking generation since the baby boomers have been accumulating less and less wealth at comparable points in their lives because they are loaded down with more and more student loan debt that causes them to have to live more and more on maxed out credit cards. Most of it is going to be discharged anyway at the end of the 20 or 25 year period. All the "make em pay" people are effectively arguing for is for those borrowers to be hit with massive income tax bills when their discharge inevitably comes if it comes a second after January 1, 2026.
Some of the greatest success stories I know are of men and women who went into a trade as opposed to going to college. Elite Democrats are asking them to fund bailouts of elite liberal wannabes who can’t pay back their egregious school loans.
So where is the law that you must attend college right out of high school? If it were up to me, nobody would be allowed to attend college until the age of 21. Go out and work for a few years. Save your money or put it into temporary investments. Learn about industry, manual labor, talk to people so you have an idea of WTF you want to attend college for. Many kids put up the major courses on a dart board and throw a dart at it to see which career they are going to pursue.
By the time you attend college at the age of 21, you will have a good sum of money saved up if your parents are willing to let you stay at home, which most all of them do. When on summer break, get another full-time job to replenish the money you spent. If you do need a loan, it will be very small and easily manageable by the time you graduate and find a job in the field you studied for.
When I was working as a truck driver I ran into so many other drivers with college degrees, but they didn't pay anything compared to driving a truck. They would have been a lot further ahead in life if they just went into truck driving from the beginning and avoided all those expensive useless classes.
The 3.5 T hurt our economy---it was money funnelled around so the rich could get richer and buy off useful idiots at the expense of the taxpayers and everyone else. The debt is going to harm us and all future generations just covering the carrying costs and the inflation that this shit caused.Those responsible americans who benefitted from the $3.5T the government spent holding the economy and banking system together during the recession? Those resposnsible americans who feel that they should get vouchers so their brats can go Jesus Academy on the taxpayer dime?
The 3.5 T hurt our economy---it was money funnelled around so the rich could get richer and buy off useful idiots at the expense of the taxpayers and everyone else. The debt is going to harm us and all future generations just covering the carrying costs and the inflation that this shit caused.
and student loan debt hurts the economy as well since every 1% increase in debt to income ratio results in over a 3% reduction in personal consumption.
