Pay Your Debts Snowflakes- Student Loans Just Got A Lot More Expensive


I call BS to all that. The government has been offering federally-backed student loans for decades. Tuition costs only started rising at ridiculous rates the last 15 or so years (which corresponds to the increasing student debt bubble over that time). So there is a massive disconnect in your argument. You are misrepresenting that college tuition costs have been high all along, and that's just not true. It wasn't until state governments began cutting revenues that manufactured deficits, which caused tuition costs to rise.
 

It's like Conservatives absolutely refuse to admit their stupid tax-cutting policies are the reason for so many of the challenges we face today. Tax cuts reduce revenues, don't pay for themselves, and cause excise taxes and user fees/tuitions to rise to make up for the revenue gap that happened because of the tax cuts. Not one single state that "cut taxes" ended up with a balanced budget or surplus from revenues, despite promises time and time again that cutting taxes would create so much growth, there wouldn't even be a need to cut spending.

That stupid argument has evolved at least four times the last 37 years because each argument turned out not to be true. Yet you still believe it? Why? Are you stupid?
 
----------------------------------------------------------------------- Thanks , just goes to show how smart the perfessors [sp] are eh ?? Course they make good money and i suppose they coulda become 'millwrights' or plumbers or skilled crafts men if they had wanted to make more money 1 percenter .

The average wage for a plumber in this country is $43K, which is below the household median income of $52K. So being in the "skilled craft" trade isn't a lucrative career.


And then young students in USA colleges go into huge debt paying them a salary of about a hundred thousand dollars a year plus benefits . --------------------- This story reminds me of the woes of public school teachers that are always crying for more money 1Percenter .

You're not going to attract the best talent to public education if you scream about wanting them to take pay cuts, surrender their pensions, and then blame them for all the ills of the education system that should fall on parents, and by extension trickle-down tax policy that forces both parents in a household to work in order to maintain a decent standard of living. So the parents are away working, leaving the children at home to be latchkey kids, and yet the problem lies with teacher pay? Come on.
 
no , its fine what perfessors [sp] make but its part of the reason that students have huge student loan bills to pay OldRocks !!

It has nothing to do with it. Tuition costs rise because states cut funding to public education. They do that because they cut taxes, which reduced revenues. And because so many of these states have stupid "balanced budget amendments", the states must pull funding from welfare, education, and health care to pay for tax cuts we were promised would pay for themselves.

So something isn't holding up its end of the bargain. Try to guess what that something is...I'll give you a hint; it rhymes with sax futs.
 
And we have these white hill billies that admire ignorance. Well, they definately put their man in the White House.

And the funniest part is, Trumpy is the epitome of the NY values coastal elite that the goobers and the fly over people despise
 

I call BS to all that. The government has been offering federally-backed student loans for decades. Tuition costs only started rising at ridiculous rates the last 15 or so years (which corresponds to the increasing student debt bubble over that time). So there is a massive disconnect in your argument. You are misrepresenting that college tuition costs have been high all along, and that's just not true. It wasn't until state governments began cutting revenues that manufactured deficits, which caused tuition costs to rise.

Pretty interesting read.
https://www.usnews.com/opinion/arti...government-is-to-blame-for-high-college-costs
 
This all started when the government got into the college loan business dimwit.

Nonsense. Stupidity. The Federal Government has been providing student loans for decades, yet the huge tuition cost increases have only happened in the last 15 or so years. The problem isn't federally-backed student loans, the problem is that students had to take out those loans because Conservatives cut taxes and lied about their ability to self-fund through increased growth.
 
nothing compared to the college head football coach..

Now this is somewhat true. In some states, the highest-paid state employee is the football coach. That's the case in Pennsylvania, Ohio, Michigan, and Texas.
 
I got college loans in the early 1980's, at 1% interest. It was a whopping one thousand dollar loan....Okay college was twelve dollars a credit hour, and books were less than one hundred for a semester...

Since then, states have cut funding for education in order to balance budgets that were thrown out of whack by revenue reductions from tax cuts. There is only one target for which we can place blame; Conservative economics.
 

Conservative government is to blame, not government as an institution. We were promised tax cuts would pay for themselves by generating all this revenue (by magic, apparently), that there wouldn't be a need to cut spending because look at all the growth. If what you're now saying is that government is to blame, it's only because Conservatives in government voluntarily and deliberately manufactured budget deficits so they could attack public education because they don't like that children aren't taught that Jesus rode a triceratops, and the planet is 6,000 years old.
 

Conservative government is to blame, not government as an institution. We were promised tax cuts would pay for themselves by generating all this revenue (by magic, apparently), that there wouldn't be a need to cut spending because look at all the growth. If what you're now saying is that government is to blame, it's only because Conservatives in government voluntarily and deliberately manufactured budget deficits so they could attack public education because they don't like that children aren't taught that Jesus rode a triceratops, and the planet is 6,000 years old.

Damn it all!! Why didnt barry fix this problem when he had the chance!!!!
 
Than why are students left holding the bag?
I know my parents would have rather paid for my college rather than put a crushing debt on my back right out of college.
And back before the gov got into the college loan business it was far more affordable.

I think the point is that students shouldn't have to borrow to get a higher education. It's something we can accomplish very easily, but it means Conservatives conceding their fiscal policies are a joke.
 
If the gov hadnt gotten involved college would be far more affordable and you wouldnt need those astronomical loans.

So government has "been involved" in college since public colleges were founded 100-200 years ago. That involvement grew after WWII and the GI Bill. The government has been offering federally-backed student loans for decades, yet only over the last 15 years has the student debt bubble spiked. Why? Simple; Conservatives cut taxes, which cut funding to education. Those cuts resulted in state colleges raising tuition to make up for the drop in state funding. Those tuition hikes, to pay for tax cuts that we were promised would pay for themselves, are why students and families have to borrow more. The solution is simple; raise taxes on the rich to pay for free public schools since they didn't "trickle down" like we were promised they would.
 
Damn it all!! Why didnt barry fix this problem when he had the chance!!!!

He had a Conservative Congress that made obstruction their governing ideology, with state governments following that trend.

We were promised the tax cuts would pay for themselves. They didn't. So why are we listening to the people who made those promises?
 
My youngest starts college in the fall, we'd set aside enough to put three kids through college, the first two blew it off. What are you other people doing wrong that you can't pay for college? Oh yea, getting $40,000 liberal arts degrees and ending up working at McDonalds...

That said, businesses, you know the people who hire for "real" jobs, in most cases (aside from highly specialized fields like medical, education, and the like) say they'd rather see a potential employee with a 2 year from a trade school than 4 years at a university - because the trade school tends to teach actual skills the employer is looking for (vs classes like "Communism 101," "Socialism 101," and the latest craze "How to overthrow the President" which are not very friendly to businesses... or the US, but there is apparently some debate on the latter.)
 
My youngest starts college in the fall, we'd set aside enough to put three kids through college, the first two blew it off. What are you other people doing wrong that you can't pay for college? Oh yea, getting $40,000 liberal arts degrees and ending up working at McDonalds...
That said, businesses, you know the people who hire for "real" jobs, in most cases (aside from highly specialized fields like medical, education, and the like) say they'd rather see a potential employee with a 2 year from a trade school than 4 years at a university - because the trade school tends to teach actual skills the employer is looking for (vs classes like "Communism 101," "Socialism 101," and the latest craze "How to overthrow the President" which are not very friendly to businesses... or the US, but there is apparently some debate on the latter.)

I love how people who hate education think that the silver bullet to jobs (BTW - we are at full employment and have been since the last month of Obama) is for those to just resign themselves to service jobs. This is just more of the right-wing plan to turn this country into a quasi-serfdom where we all work in service of a wealthy few. We shouldn't be encouraging people to skip college so they can unclog pipes. We should be encouraging people to go to college so they can innovate. For all the people with Bachelor's who work at McDonald's (and that's not many but rather an exaggeration of a debunked myth much like the fictional "welfare queen"), that is rhetoric used to discourage people from getting an education. So why do so many do that? Simple; they hate the fact that public education does not treat religion as a science, and thus, they hold a grudge against Public Education because they see it as undermining their faith. Which would make them a bunch of ******* snowflake cucks!

How will steering people to become plumbers and landscapers lead to innovation? It won't. These "real" jobs you are describing are not "real jobs". They're just jobs. No more or no less than any other job. The average plumber's wage in this country is $43k. The average median income in this country is $52k. So by pushing people to low-skill jobs, all you are doing is lowering the median income in the country, and even driving wages down further for those "real jobs" because you've oversupplying them without requisite demand. Which means those folks have to compete with one another for a job, which means lower fees from clients, which means lower wages for workers.

So, if your goal is to set the bar so low that this country is filled with a bunch of service workers, then your rhetoric makes sense. Hard to see how good, high-paying jobs come from a surplus of not-so-good, low-paying, manual labor jobs. Oh also, folks who work in skilled trades generally have to retire earlier because of the physical limitations for workers as they get older. So in your grand plan to push people to be stupid, are you lowering the retirement age to account for this surge in manual laborers who can't work past age 55 because their bodies just won't? Probably not, right? If anything, you want to raise the retirement age, forcing 70 year olds to perform taxing manual labor.

Did you ever think of that? No. You only think about yourself.
 
15th post
no they don't work for FREE , professors work for MONEY and they work to be paid LOTS of money OldRocks and EWings .
Dumb ass, I am a millwright in a steel mill, and make more than most of the professors that teach the classes that I have attended. Only the very top people make lots of money. They make good money, but most do not make a lot of money. Most make extra money by consulting services, or tutoring.
---------------------------------------------------------------------------------------------------- point is that professors make good money and are paid by students that take out the student loans that everyone is crying about . FREE COUNTRY so If professors don't like their cushy jobs and big easy money they oughta get jobs as 'millrights' Old Rock !!


No surprise that you know nothing at all about professors' pay or job description.

If RWNJs went to college and valued education, you can bet they would never say something this clueless.

[emoji849]


Sent from my iPad using USMessageBoard.com
 
My youngest starts college in the fall, we'd set aside enough to put three kids through college, the first two blew it off. What are you other people doing wrong that you can't pay for college? Oh yea, getting $40,000 liberal arts degrees and ending up working at McDonalds...
That said, businesses, you know the people who hire for "real" jobs, in most cases (aside from highly specialized fields like medical, education, and the like) say they'd rather see a potential employee with a 2 year from a trade school than 4 years at a university - because the trade school tends to teach actual skills the employer is looking for (vs classes like "Communism 101," "Socialism 101," and the latest craze "How to overthrow the President" which are not very friendly to businesses... or the US, but there is apparently some debate on the latter.)

I love how people who hate education think that the silver bullet to jobs (BTW - we are at full employment and have been since the last month of Obama) is for those to just resign themselves to service jobs. This is just more of the right-wing plan to turn this country into a quasi-serfdom where we all work in service of a wealthy few. We shouldn't be encouraging people to skip college so they can unclog pipes. We should be encouraging people to go to college so they can innovate. For all the people with Bachelor's who work at McDonald's (and that's not many but rather an exaggeration of a debunked myth much like the fictional "welfare queen"), that is rhetoric used to discourage people from getting an education. So why do so many do that? Simple; they hate the fact that public education does not treat religion as a science, and thus, they hold a grudge against Public Education because they see it as undermining their faith. Which would make them a bunch of ******* snowflake cucks!

How will steering people to become plumbers and landscapers lead to innovation? It won't. These "real" jobs you are describing are not "real jobs". They're just jobs. No more or no less than any other job. The average plumber's wage in this country is $43k. The average median income in this country is $52k. So by pushing people to low-skill jobs, all you are doing is lowering the median income in the country, and even driving wages down further for those "real jobs" because you've oversupplying them without requisite demand. Which means those folks have to compete with one another for a job, which means lower fees from clients, which means lower wages for workers.

So, if your goal is to set the bar so low that this country is filled with a bunch of service workers, then your rhetoric makes sense. Hard to see how good, high-paying jobs come from a surplus of not-so-good, low-paying, manual labor jobs. Oh also, folks who work in skilled trades generally have to retire earlier because of the physical limitations for workers as they get older. So in your grand plan to push people to be stupid, are you lowering the retirement age to account for this surge in manual laborers who can't work past age 55 because their bodies just won't? Probably not, right? If anything, you want to raise the retirement age, forcing 70 year olds to perform taxing manual labor.

Did you ever think of that? No. You only think about yourself.

No my /advice/ is to think about what you are doing and make a decision based on the amount of debt you'll encur vs the availability of the job you want. Paying $40k for an architecture degree in a rural area when you don't have concrete plans to move to some urban area such a degree would be useful (and where such skills are needed as well because not all cities are wanting architects) is a /bad/ investment. Many of these kids are spending tens of thousands of dollars they don't need to spend for the jobs that are available in their area. A 2 year degree from a trade school is typically half as expensive (if not less) and you still get the benefit of having a degree (aka the leg up on other employees) without blowing a shit ton of money to work at a coffee shop. ONLY kids who have a vision of climbing the corporate ladder, and have the real dedication to that purpose (meaning willing to leave friends / bfs / gfs / family behind to go to where said career is needed should even /consider/ paying for a 4+ year degree. If you're not interested or willing to move out of driving distance of rural desert Arizona, then a degree in Igloo building is not a good investment. Etc.

You're the one that's clinging to a myth here; that going to college automatically awards you more pay - it was at some point true, and it "seems" true still because the stats count all the older folks (from when it was true) but it is no longer actually true...

"Reading through the report, you find no evidence of the fact that large numbers of college graduates can only find employment in jobs paying the minimum wage. Currently, according to Bureau of Labor Statistics data, 260,000 people with college or even professional degrees are so employed. Moreover, the percentage of college graduates who work in jobs that don’t require any advanced academic preparation (the ā€œmal-employedā€) has been rising for years, and now stands at 36 percent. If college degrees are becoming more valuable, why are so many graduates either unemployed or employed at low-paying jobs?" - College Degrees Aren't Becoming More Valuable -- Their Glut Confines People Without Them To A Shrinking, Low-Pay Sector Of The Market

It’s harder for new graduates to find good jobs. It’s no secret that unemployment among recent grads remains higher than it was before the Great Recession. But in a recent report, the Federal Reserve Bank of New York went deeper and looked at underemployment among recent grads (defined as people aged 22 to 27 with at least a bachelor’s degree). The Fed researchers used data from the Census Bureau and the Bureau of Labor Statistics to examine whether employed grads were in jobs that typically required a college degree, what those jobs paid, and whether they were working full- or part-time. They found that in 2012, about 44% of grads were working in jobs that didn’t require a college degree — a rate that, while about what it was in early 1990s, increased after the 2001 and 2007-09 recessions. Only 36% of that group were in what the researchers called ā€œgood non-college jobsā€ — those paying around $45,000 a year — down from around half in the 1990s. The share of underemployed recent grads in low-wage (below $25,000) jobs rose from about 15% in 1990 to more than 20%. About one-in-five (23%) underemployed recent grads were working part-time in 2011, up from 15% in 2000. - 5 facts about today’s college graduates

Here’s what he found. The main problem with the U.S. job market isn’t a gap in basic skills or a shortage of employees with particular skills, but a mismatch between the supply and the demand for certain skills. There’s a greater supply of college graduates than a demand for college graduates in the labor market. This mismatch, according to Capelli, exists because most jobs in today’s economy don’t require a college degree. ā€œIndeed, a reasonable conclusion is that over-education remains the persistent and even growing situation of the U.S. labor force with respect to skills,ā€ Capelli said in his study. Given all the non-economic benefits to a college education, it’s hard to call having too much education a ā€œproblem,ā€ but in light of Capelli’s findings, it’s worth noting that women are the ones who are getting educated. Women now earn about 60 percent of the roughly 1 million bachelor’s degrees granted each year, according to the National Center for Education Statistics. And about 30 percent of all women above age 25 have a college degree or more, according to the Census Bureau. (About 80 percent of women age 25 to 29 have a high school degree.) Those degrees, however, aren’t translating into good jobs. Which means that maybe Sally’s problem isn’t because she’s not qualified for the job, but, instead, is because Sally has skills that employers don’t want. - Why Sally can’t get a good job with her college degree

"The Bureau of Labor Statistics (BLS), the premier government source for information on jobs, shows that only 27 percent of jobs (percentage calculated from table 2) in the U.S. economy currently require a college degree (associate degree or higher). By comparison, the Current Population Survey, a monthly survey of 60,000 households conducted by the U.S. Census Bureau, shows that 47 percent of workers have an associate degree or higher. The BLS projections to 2022 are even more depressing. They suggest that the number of overqualified and underemployed college graduates will only get worse. According to BLS, the economy will create 50.6 million job openings by 2022 and only 27.1 percent will require college degrees. That’s a projected increase of only 2.1 percentage points since 1996." - Can the economy absorb more college-educated workers?
 

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