I dont give a shit!

[syrenn]

Higher education is becoming beyond the reach of all but the rich. That ought to make the RW happy.

No its not, that is why there are loans. You just have to pay them back. Realistic sites are a good idea too.... State college wont hurt you.

 

[Sky Dancer]

Higher education is becoming beyond the reach of all but the rich. That ought to make the RW happy.

No its not, that is why there are loans. You just have to pay them back. Realistic sites are a good idea too.... State college wont hurt you.

Aren't YOU the same poster who said "do away with student loans"?

I went to a state college and still had to work many many years to pay back my loans. Of course, only Foxfyre ever had work or be "honorable and ethical".

My family wasn't able to help AT ALL. I worked full time every summer and breaks and part time during school.

I can honestly say I put myself through college.

YOU assume these kids won't pay back their loans. You seem to ignore the fact that the cost has quadrupled and the economy is in the toliet.

BTW if any of those bozos I have on ignore ever get back to the topic let me know.

 

[BDBoop]

I do not object to smaller payments either.... However that will not stop interest from being added on for that privilege.

I DO object to having it all forgiven after 20 years. As i have said and maintain... i don't give a **** if they pay till the day they die. But PAY for it.

For the principle, right? Not all the late fees, finance charges, usurious interest. Right?

No.. then need to pay all late fees, finance charges and interest......all of it. All of that is part of the loan agreement.

No it wasn't. They tacked $50k onto my sister's account when it went to collections. There was no agreement.

 

[Sky Dancer]

For the principle, right? Not all the late fees, finance charges, usurious interest. Right?

No.. then need to pay all late fees, finance charges and interest......all of it. All of that is part of the loan agreement.

No it wasn't. They tacked $50k onto my sister's account when it went to collections. There was no agreement.

Fraudulent practices by big business, but who cares?

 

[PLYMCO_PILGRIM]

Right up until the 20 years is up... and then all is forgiven. Are you missing that point sky?

Well that part is unethical.

Nope. It's the law.

Owning slaves used to be the law too, is that ethical? See what i'm saying

 

[PLYMCO_PILGRIM]

Interest is part of taking a loan. If you take out that big of a loan that it takes you so long that you pay 2-4 times the amount you borrowed, with interest rates under 10%, then you are either making too small of payments or got too expensive of an education for the field you chose to work in.

 

[Sky Dancer]

Well that part is unethical.

Nope. It's the law.

Owning slaves used to be the law too, is that ethical? See what i'm saying

Nope. It is a stupid comparison. This ain't slavery. It's RW whining, as usual, with ANY Obama plan.

 

[PLYMCO_PILGRIM]

Well that part is unethical. So no I AM saying that this portion is unethical and anyone who agrees that you shouldn't have to pay back what you agreed to borrow has a dishonorable opinion.

It's one thing to pay back what you borrowed. It's another to pay two to four times the amount you borrowed for education and see that as "ethical." GTH already discussed the reasons loans are forgiven for those in government.

I'll tell you what bothers me. The same folks who want to bash today's college grads don't give a shit about the on-line college fraud problem.

You mistake bashing people who want to be irresponsible and take from others with bashing all college grads.

Its just the people who say they should not have to pay for a college education or pay back the loans they agreed to take for said education whom are being bashed.

 

[Si modo]

Nope. It's the law.

Owning slaves used to be the law too, is that ethical? See what i'm saying

Nope. It is a stupid comparison. This ain't slavery. It's RW whining, as usual, with ANY Obama plan.

You said something is not unethical because it is the law.

To quote your response to someone who said that wanting not to pay back student loans is unethical: "Nope. It's the law."

So, his telling you that slavery used to be the law is far from stupid.

But, you aren't.

 

[PLYMCO_PILGRIM]

Right up until the 20 years is up... and then all is forgiven. Are you missing that point sky?

Well that part is unethical. So no I AM saying that this portion is unethical and anyone who agrees that you shouldn't have to pay back what you agreed to borrow has a dishonorable opinion.

Trust me... i am 100% with you. They took out the loans... and they can pay them back. Nothing forgiven at all.

Well that part is unethical. So no I AM saying that this portion is unethical and anyone who agrees that you shouldn't have to pay back what you agreed to borrow has a dishonorable opinion.

Trust me... i am 100% with you. They took out the loans... and they can pay them back. Nothing forgiven at all.

I'm saying the same thing. They should repay their loans. I do not object to them having smaller payments. Why do you?

I have no problem with the part of the presidents executive order (well other than that he is going around congress to do this) that allows people to pay a smaller total amount of their income toward their school loan without penalty. My issue is with the part that says "after XX years you no longer have to pay the rest of what you owe anymore"

That is so unfair for so many college students who do and did pay their loans.

 

[Si modo]

Well that part is unethical. So no I AM saying that this portion is unethical and anyone who agrees that you shouldn't have to pay back what you agreed to borrow has a dishonorable opinion.

Trust me... i am 100% with you. They took out the loans... and they can pay them back. Nothing forgiven at all.

I have no problem with the part of the presidents executive order (well other than that he is going around congress to do this) that allows people to pay a smaller total amount of their income toward their school loan without penalty. My issue is with the part that says "after XX years you no longer have to pay the rest of what you owe anymore"

That is so unfair for so many college students who do and did pay their loans.

On that, I agree. Very unfair.

But, they are the elite.

 

[geauxtohell]

Right up until the 20 years is up... and then all is forgiven. Are you missing that point sky?

Well that part is unethical. So no I AM saying that this portion is unethical and anyone who agrees that you shouldn't have to pay back what you agreed to borrow has a dishonorable opinion.

It's one thing to pay back what you borrowed. It's another to pay two to four times the amount you borrowed for education and see that as "ethical." GTH already discussed the reasons loans are forgiven for those in government.

I wonder if these people even realize how stupid all this bickering is going to seem when the financial sphere shifts from Wall Street to Beijing and New Delhi.

We are sitting here trying to impede our country's own economic well being.

It's idiotic.

 

[PLYMCO_PILGRIM]

The they should stop whining.... and wanting MORE.

What would be very grown up of all of you, would be to acknowledge the immensity of the loans these kids have to pay off and the unlikelihood of their secure employment.

The cost of college has QUADRUPLED in the last thirty years and the job market is in the worst shape it's been in.

Stop acting like these are spoiled brats. They are hard working kids and they are in deep shit economically. Have some compassion.

I had student loans too and it took me a LONG time to pay them off. Even so, the economy was in much better shape than it is now.

Of course, the only ones who've ever paid off loans or who've had to work for a living or pay taxes are the RW. Poor dears.

So, how are they 'hard-working' if they are saying they can't find a job?

They can find jobs, just not the jobs they want.........

 

[Si modo]

What would be very grown up of all of you, would be to acknowledge the immensity of the loans these kids have to pay off and the unlikelihood of their secure employment.

The cost of college has QUADRUPLED in the last thirty years and the job market is in the worst shape it's been in.

Stop acting like these are spoiled brats. They are hard working kids and they are in deep shit economically. Have some compassion.

I had student loans too and it took me a LONG time to pay them off. Even so, the economy was in much better shape than it is now.

Of course, the only ones who've ever paid off loans or who've had to work for a living or pay taxes are the RW. Poor dears.

So, how are they 'hard-working' if they are saying they can't find a job?

They can find jobs, just not the jobs they want.........

Ah. The jobs they think they are 'entitled' to because of their 'womens studies' or other-type major?

 

[PLYMCO_PILGRIM]

I remember a decade ago buying a Gateway computer. Month after month, I paid $72. Two years later, I was losing ground.

There is now a judgement against me for $5000, regarding a $700 computer.

No. I won't be honoring it.

you should have actually paid it off instead of just making the minimum then stopping payment all together.

its your own fault you owe all that, you shouldn't have agreed to a payment plan if you couldn't afford it...go without the computer

 

[PLYMCO_PILGRIM]

Nope. It's the law.

Owning slaves used to be the law too, is that ethical? See what i'm saying

Nope. It is a stupid comparison. This ain't slavery. It's RW whining, as usual, with ANY Obama plan.

Slavery is unethical
not repaying your debts is unethical


BTW your not a buddhist no matter how much you may claim otherwise.

 

[geauxtohell]

I don't care what sort of 'pot' is used for my tax dollars. Those tax dollars are money that i earned by educating myself, spent time in McJobs and other unattractive jobs to acquire experience, marketable skills, and references, and then excelled in the good jobs I was able to land. They represent money that I earned ethically, honorably, and without asking anybody for special privileges or benefits.

You seem to think you are unique in this aspect and that the new generation is incapable of doing what you did. I am not sure if you went to college to get where you are at or not, but if you didn't, some people choose to try and reach financial stability by obtaining a degree and doing a job they think they will enjoy. There is absolutely nothing wrong with that. Hell, it wasn't long ago that it was considered the "American Dream".

There is nothing unethical or dishonorable about taking out a loan, and I will be shocked if you tell me you've always paid out of pocket for everything.

No one is getting special privileges or benefits when they sign up for a loan. They are borrowing money with the expectation that it will be paid back with interest.

You know, just like the banks do it.

However or by what process it is done, for the government to then give that money to somebody else just because they chose a different lifestyle and process than I did, I can't see much justice in that.

No body is "giving" money to anybody. You understand these people will be paying a percentage of their income for 20 years. At best, they will pay off the principle and skip the interest.

Trying to claim this is some form of welfare is just wrong. But you guys have frequently been wrong about the facts of this matter.

 

[geauxtohell]

So then how am I implying that his plan is dishonorable or unethical?

YOU aren't. Fox, Sy and Si are. Under current law, former students are allowed to cap repayments of federal loans at 15 percent of discretionary income. Last year, Congress approved legislation that would reduce the amount to 10 percent in 2014.

Obama is using his executive authority to create a separate provision that would offer the same program in 2012.

They bash the President, college students and me.

The President is moving in the right direction, but as usual, it's only a half measure.

Yes... discretionary income. I said that sky. And what stops one of them from buying a milliion home and eating steak and lobster for dinner every night? That is food and housing. Clothing and cars are also covered.... most people dont have much left after that as .... discretionary income. So 15% of nothing... is still nothing.

Do i get to have my credit card bills capped at 15% of my "discretionary" income and then forgiven after 20 years?

The president is moving us into greece.


I make NO claim right or left. I make no political statements AT ALL. I say nothing for OR AGAINST obama.


I DO say **** THEM i don't give a SHIT about the money they owe on THEIR student loans. Something they signed for. Something they wanted.

I DO say pay it back. I DO say i don't care if they are in debt ill the day they die paying it back. I do say that forgiving the student loans is bullshit.

What in the hell are you talking about? You think the taxpayer defines "discretionary income". You guys are a trip.

Here. Some education for your troubled mind. It was super hard to track down:

Income based repayment is similar to income-contingent repayment. Both cap the monthly payments at a percentage of your discretionary income, albeit with different percentages and different definitions of discretionary income. Income-based repayment caps monthly payments at 15% of your monthly discretionary income, where discretionary income is the difference between adjusted gross income (AGI) and 150% of the federal poverty line that corresponds to your family size and the state in which you reside. There is no minimum monthly payment. Unlike income-contingent repayment, which is available only in the Direct Loan program, income-based repayment is available in both the Direct Loan program and the federally-guaranteed student loan program, and loan consolidation is not required.

Income-based repayment is based on the adjusted gross income during the prior tax year. In some cases the prior year's income figures may not be reflective of your financial circumstances. For example, your income may be lower this year due to job loss or a salary reduction. In such a circumstance you can file an alternative documentation of income form to get an adjustment to your monthly payment. A draft version of the form is currently available; the final version of the form with a valid OMB approval number can be obtained from your lender. (The Direct Loan Program version of the alternative documentation of income form is available now.)

FinAid | Loans | Repayment Plans | Income-Based Repayment

 

[BDBoop]

You know, I used to be terribly offended by how Gen X trash-talked baby boomers. I'm starting to understand - they may not have started it. Judging by posts here, it's starting to sound pretty damn retaliatory.

 

[BDBoop]

And I do say, in all honesty, you sound like the worst kind of troll, Syrenn. And now, you're a boring troll because you just keep repeating yourself.