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  • Posted by mccannon01 1 month, 1 week ago
    I'm definitely with you on this! Why should skilled working people like welders and auto mechanics or unskilled people like janitors and fruit pickers pay for a lawyer's (eventually politician) degree or worthless degrees in [you name it] studies?

    I also STRONGLY suspect this will drive up the cost of education (indoctrination?) and lower the quality. Look at American public schools now, then put that on steroids.
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    • Posted by Aeronca 1 month, 1 week ago
      Yes the single highest driver of education cost is the federal government's funding it. If you have a pulse and a checking account you can have a student loan. Then you're an indentured servant after you spend 4 years and $50,000 vegetating for your lesbian dance theory studies degree. Now you're an indentured slave, and the Left now has a fish hook in your guts. They will periodically tug on that line to remind the slaves who to vote for. We need not worry about the forgiving of student debt, because then the left loses a valuable string to pull.
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  • Posted by $ Abaco 1 month, 1 week ago
    Redistribution of wealth and "evening our the playing field" for equal results. It's a screw job, no doubt. The progs really want "free college", which anybody who's gotten through 1st grade math knows there can't be "free college". We're in a new dark age in the west and Idiocracy is now...
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    • Posted by fosterj717 1 month, 1 week ago
      I guess you could call this a "degrees for dummies" program! This is also the reason that there are no longer any colleges or universities that do not have remedial courses. Basket Weaving 101 can be a tough course......The question is "which is the best college or university that I can send my child to where they can get a decent high school education?"...For what its worth!
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  • Posted by Aeronca 1 month, 1 week ago
    They chose stupid degrees with no viable plan to succeed. They should be held accountable. Unless, for moment, let's blame the Universities for capitalizing on all the student loan money. They coax millions of naïve young people to pay for worthless degrees without care for the results. Let's punish them. All university programs with employment rates under 50% for graduates are eliminated. No more Women's Studies.

    Students are allowed to return degrees for a refund just like any defective thing you buy on Amazon. The University must pay everyone back, but the student must give up the degree too, to be let off the hook. That's fair.

    Students beware. Get a trade school certificate. Let them stack bricks. Because it pays better, and it's useful too.
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    • Posted by fosterj717 1 month, 1 week ago
      Remember, this is a payoff to the schools and the teachers. Buying votes in exchange for this type of garbage is what it is all about and has little if anything to do with providing "quality" education to our young people. This is why they are so disillusioned when after they graduate (with degrees in low paying or volunteer jobs) that they find out that they have been used and now they owe 10's of thousands of dollars. Of course they don't want to pay those loans back because they and their families were sold a bill of goods! Still, they should not be let off the hook for their obligations, that is true education!
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      • Posted by LibertyBelle 1 month ago
        Yeah, I don't say that their fellow-citizens should be charged for those ex-students' college debts, but maybe the ex-students should be allowed to sue the colleges for criminal fraud, and thus not have to pay it, for that reason--let the colleges be the ones to lose money,
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    • Posted by TheOldMan 1 month, 1 week ago
      "...without care for the results"
      The university already has the money, the results are irrelevant to them. There was a big outcry against for-profit places however not a peep against "non-profit" universities charging $250k for an MFA degree (WSJ had an article about Columbia doing this), a degree that one grad used to get his job at Charbucks.
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      • Posted by LibertyBelle 1 month ago
        I hated school too much even to attempt to go to college. I did take a few tech courses and they turned out to be mostly worthless in the job market. But it's better to waste 3 months of your life and a few hundred bucks than to waste 4 years of it and thousands of dollars.
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  • Posted by $ blarman 1 month, 1 week ago
    All federal government subsidy of education is absurd. And unConstitutional. The Dept of Education should be eliminated immediately as well as ALL federal grants and loan guarantees. Want to know what would immediately happen? Public colleges and universities would be forced to revise their curriculum and lower their prices as lots of people would no longer be able to afford their inflated costs.

    Personally, I think that if you can't get a loan from your bank to attend college and the college itself won't do it, you should find some other line of work. We've got a glut of "service" jobs and not nearly enough labor jobs IMHO.
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    • Posted by Aeronca 1 month, 1 week ago
      We've shipped millions of manufacturing jobs overseas. Anyone could have a job here, without a college degree. But the left would rather have communist indoctrinated welfare recipients than working people.
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  • Posted by $ allosaur 1 month, 1 week ago
    This is a Jackass Party jackass idea to increase Democrat voters to obtain one party rule.
    It is the same reason our Puppet-In-Chief's Marxist handlers allowed unconstitutional open borders to allow the invasion of five million illegals to date.
    Yep. five million to date. That's what I read somewhere both yesterday and today. And that's only those who were counted coming in.
    We The People are supposed to pay for all that criminality too.
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  • Posted by muaddib78 1 month, 1 week ago
    The cost of college has skyrocketed because the government gives easy loans to people who are basically uneducatable, many of them should have stopped at middle school.

    But the colleges see all this free loan money and lower their requirements so that any idiot can get in and hand the college cash for vastly overpriced books, substandard housing, overpriced meals and a subpar education.
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  • Posted by GaryL 1 month, 1 week ago
    If I could have afforded to finish my degree and had any indication my debts would have been covered or even cancelled, I would have. Those who did finish and who did pay their debts off should be screaming loudly about this. Those who are not are card carrying members of the FSA (Free $hit Army)!
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  • Posted by evlwhtguy 1 month, 1 week ago
    Lets see...a wealth transfer from the middle class to upper class kids who cant be bothered to pay for their gender studies degrees....however...one bright spot here....the IRS is hiring 87,000 new agents....I bet you a gender studies degree will actually help you get a job there.
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    • Posted by Aeronca 1 month, 1 week ago
      Oh yes, any fool with a worthless degree, resentment and anger will make a great watchdog to bite away at Americans. Those worthless fill-in-the-blank studies degrees will pay off!
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  • Posted by Eyecu2 1 month ago
    Not all of us chose stupid degrees. I have an M.S. in Management Information Systems and have worked in the IT field for 15 years before I moved over to K-12 teaching. I was never able to get a job in IT paying above 30k; therefore, never could afford the payments. Now that I am teaching high school math, I make more but even by their figures I will never make enough to repay my student loans.

    I am not for cancelling student debt but I am certainly for some kind of way of mitigating the damage that this debt is doing and has done to me financially.

    My initial thought is that if an employer requires a degree from an employee (like all of my IT jobs and my teaching career) that the employer pick up the student loan payments for the duration and then once the student loan is paid off the employee gets a raise equivalent to the payment that the employer was making. My reasoning here is that I have several times taken positions that "required" a degree in my degree field then the work was easily preformed without said degree and of course the pay was far below what it should have been for the "requirements" Additionally, higher education is VASTLY over priced.
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  • Posted by fosterj717 1 month, 1 week ago
    Those who keep coming up with lunacy vote buying schemes such as that prove that the asylum is being run by the inmates and that the populace that put them in power are as corrupt as the politicians they elect! Truth be told!
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  • Posted by tutor-turtle 1 month, 1 week ago
    If that bill passes, I want all my money back that I paid out-of-pocket, including for text books I needed to earn my degree.
    Why should I be punished for doing the right thing?
    This just keeps happening over and over. Savings and loan debacle (Bushes) Mortgage failures. Dot Com Boom and bust. I started my 401K the first day anyone was allowed to. I have lost every dollar of profit in three enormous "corrections". I would have been far better off buying gold and silver and hiding it under my bed.
    Wall Street are thieves and liars. Not to mention the founders of the see eye aye.

    Noticing a pattern yet?
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  • Posted by $ Ben_C 1 month, 1 week ago
    And what about the students that paid their student loans and the families that helped them graduate debt free? Double taxation.
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  • Posted by LibertyBelle 1 month ago
    I understand the people's outrage, and I think that that can be thrown out after the next November election. The only thing that could have given the idea a think veneer of plausibility would have been if they let the ex-students sue the colleges for criminal fraud for charging them for teaching them courses that did not enable them to make a living.
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  • Posted by hm3buzz 1 month ago
    I see both sides of the coin on this argument. Do I agree with cancelling all student debt? Hell no! Especially if you chose to major in a field where employment opportunities are sparse. However, there is a program out there called the Public Safety Loan Forgiveness program where people who chose to work in a field such as law enforcement or emergency services can make 120 qualifying payments and have the remainder of their loan waived. There is also a similar program for those who chose to go into teaching careers. I feel that those programs are justified as the people participating in them are working and making payments. They just didn't take the money, get a useless degree, and expect to not have to pay the money back while they get money from the government for not working.
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  • Posted by Creek_Monster 1 month ago
    Isn't allowing banks to borrow at low percent interest rates more of an issue than cancelling student loan debt?
    Consider for a moment that banks get money at lower rates than individuals who take any kind of loan, let's say 2%. Okay.
    Government and private student loan companies charge students 8 to 9% interest on loans.
    How is anyone okay bashing students for taking out loans to go to school to become a doctor to help people over bashing the banks and the systems we have in place allowing this to happen.
    Just saying...
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  • Posted by chicagodon 1 month ago
    I think more absurd is the loaning money by the government for education. There are financial institutions for that, the government has no business in the money lending industry and the practice needs to be stopped!
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    • Posted by freedomforall 1 month ago
      Prior to 2010, the banks were involved while the loans were guaranteed by the government. The banks took no risk whatsoever and had a guaranteed profit.

      I agree, the government should not be involved at all. It is an unconstitutional expenditure.
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  • Posted by $ katrinam41 1 month, 1 week ago
    My daughter and son-in-law got student loans for usable practical degrees and have shorted themselves for years paying those loans off. Any lazy-assed worthless basket101 graduate owes their tuition to my two hard-working kids!
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  • Posted by DrZarkov99 1 month, 1 week ago
    A free market solution would be to allow private lenders to set loan interest and payback based on the average salary and employment of the graduates for the degree chosen. Industries looking for high tech employees could set their own rules, with some paying for the education, and forgiving payback after a number of years of employment.

    Universities are wallowing in cash, primarily because the government picks up the tab without penalty for meaningless degrees. Gender studies, art or music appreciation degrees should be strictly cash only.
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