Biden announces fresh round of $6.1 billion in student loan handouts, brings total given to $160 bil

Then they can pay off their own loans who dare they demand those who make less do so for them.

40% at public institutions.

Who isn't? Joe the plumber is not paying taxes? Jill the aircraft mechanic is not paying taxes? Billy the new guy at the hamburger stand is not paying taxes?

It is an option like any other option in life, if you want to go it's there go if not do something else. Or are you saying option = someone else pay for it?

 

Why?

You mean there are no financial aid programs for students? Why do they need them when they will be the highest earners?

Why when they can get it paid for and will make more than most afterwards?

So we are paying colleges and professors here too much money.

Because they pay less, maybe we should try it then.

 

It is up to the government to determine what it should spend the taxpayers money on and what it shouldn't (usefulness v waste). And its not communist in the least to do so. No where did I promote the idea that colleges/universities should only teach X, Y, and Z. That would be communist.

You didn't bother to read the link I gave did you? If you don't like my link feel free to do your own research. All studies point to the same thing.

 

Aaaannd.... You think giving away money is somehow helpful??
The money of student loans wasn't monopoly paper- it was tax dollars. And forgiving loans made voluntarily with low interest and terms to help people make more money- is certainly not taking advantage of them- it is taking advantage of taxpayers. Reacting to the whining that it's inconvenient to pay back what they borrowed is- like an undeserved tax refund for all those people, and an increased tax load on everyone else.
That IS designed to buy the votes of the people more likely to vote for you.... with the money of those less likely to vote for you anyway.

What is an equal chance? Fact is- IF you are good enough, there are grants and multiple ways to get an education. IF you have promise, IF you have drive- people want to help.
Everyone is born with the same basic equipment. Then their parents teach them well, to use it- or teach them poorly and leave it up to them. But every person, regardless of the hand they are dealt- has the options to chose if they will seek to be the best they can- or blame somebody else because they aren't.

The ones who used that loan to acquire real skills in valuable fields- are making a lot of money. The ones who took the loans and went for the easiest classes and thought that the degree by itself would get them big bucks- are learning that the line from ghostbusters ( You don't know what it's like out there- they expect performance!) It seems to fit well.

IF the government was doing a reasonably decent job of fiscal management- tax cuts would be easy. Instead, they are so addicted to spending money, they have become predators, seeking ways to wring more and more money from the public- and never enough.

Tax breaks- require partisan cooperation, and starts with cutting costs so the excessive taxation isn't needed. It also starts with promoting a better work ethic, so the nation produces more goods at lower costs- reversing inflation. Neither party embraces that. The party who takes the lead to move in that direction will be the best choice.... and Joe just doubled down again on pissing away the taxes of the working people.

 

What income bracket pays most of the taxes? I know you know because you complain about it often. Hint: it’s not the guy at the burger stand lol
Why don’t you mind the rich discharging debt through bankruptcy, but get upset at someone who made a bad deal at 17-18?

 

No higher education program is waste.

 

Because MAGA claims Biden is buying votes with student bailouts.

Current financial support is clearly inadequate.

The result is that the US is not even in the top 10 most educated nations.

Russians are better educated than Americans.

Is this normal for you?

No, because the country boasts some of the best universities in the world.

The problem is easy access to these universities.

 

Please tell me you didn't say that with a straight face.....

 

I say that with a straight face.

If universities offered useless programs, they'd go bankrupt.

 

Why do you think they require classes for things that have nothing to do with the degree a person is getting?

Also, there is a difference between what an individual person thinks is "not useless" and what is actually useless for the country as a whole. Pretty sure that the country doesn't give one wit about a degree in BDSM how to.

 

What do you think of Trump University?

 

Useless. Why? Was it an accredited school? Did federal money go towards it? I believe the answer to both is a "no". And if it did somehow get federal money then it just reinforces what I am saying about the need to limit where that money goes to.

 

I hope not.

In fact, it was a scheme to defraud students.

Trump paid them $25 million in compensation.

I hope that doesn't stop you from voting for him.

 

nothing compared to the Bush Bank bailout

 

Stop with the strawman fallacies, lol. People can work and save their money, enlist in the military, etc. to pay for college. Or they can get a loan and pay it back after graduating and getting a job. Let's be honest. What this is about is Biden buying votes with free stuff.

 

Yeah.

The US is not in the top 10 of countries with the most educated population.

It's a disgrace.

To improve access to higher education, we need to help students financially, as the current system is failing.

 

The highest priority of a Government program manager is to get funded per OMB Circular A-11. That is all.

 

Do you work in the education industry? I am detecting a hint of a self licking ice cream cone based argument here.

https://en.wikipedia.org/wiki/Self-licking_ice_cream_cone

 

Horrible effort on your part.

 

Didn't ask about a lowly program manager.

What is the highest priority of the federal government?

 

Why don't you hold those who made the bad deal responsible for it? Are you asserting that the lower incomes pay NO taxes, the middle class pays NO taxes. Joe the plumber who makes $100,000 a year pays NO taxes.

 

Why should it be the concern of American citizen taxpayers whether some "art student" was ripped-off by Donald Trump's school or any other PRIVATE school? The whole relationship is private! A private citizen takes out a loan to go to a private school, right? Something (?) goes wrong with the situation, but why is that something that the government of the United States has to compensate for?

No, this and all the other "loan forgiveness" scams are nothing but Biden pandering for votes among people who thought they were smart enough for higher education, but were actually too stupid to even realize that loans they take out must be repaid!

 

Typical Leftist contempt for anything of real VALUE in education. Which is more important to a society, degrees in Engineering and other natural sciences, or "art"?

 

They can always schlep around and get easy-peasy government jobs, or get a teacher's certificate and have job being a glorified babysitter for the rest of their working lives, usually with retirement packages unknown to people who actually have to work hard for a living.

 

I believe it was the govt who made it so student loans can’t be discharged through bankruptcy