WOA BRO. THAT SOUNDS LIKE A WHOLE LOTTA SOCIALISM TO ME. PEOPLE SHUD JUST PULL THEMSELVES UP BY THEIR BOOTSTRAPS.
All of a Sudden Students Have Stopped Paying Their Loans, Again—Why?
- Thread starter 88m3
- Start date
haha no. would've thrown a, BROTHER! in there if it was.alias slip?
ltheghost
Payin Debts.... N40
If we ever got a bail out on student loans...I would be...
and
and
ltheghost
Payin Debts.... N40
But what is happening with the increase of students stopping payment is probably a seasonal thing. Maybe.....or it's a trend of what is going to eventually happen.....We all stop paying this bullshyt.
Richard Wright
Living Legend
No problem with jobs in my field
.Have you guys met the average college student these days? Most of them go to college because they feel entitled to it and most think they will be entitled to a job.
People think the only thing they need to find decent employment is 'an internship'. If you actually get some skills in school you will not have a problem. There are more opportunities for talented students now than there have ever been. Meanwhile colleges are raising costs to try to move up in the rankings. And fyi commies, youth unemployment is up to 50 percent in some eu countries
there shouldnt be 'forgiveness'. its not fair to ppl who didnt go cuz they couldnt afford it
freezing interest/not charging any at all?
freezing interest/not charging any at all?
MidwestD
Clyde Frog's Shooter
there shouldnt be 'forgiveness'. its not fair to ppl who didnt go cuz they couldnt afford it
freezing interest/not charging any at all?
I agree, alotta people got their loan rates jacked up thru no fault of their own, an interest freeze, and allowing students to restructure their payment plans would probably get rid of a huge burden on younger people. That would be the the progressive thing to do.
The republican plan would be to raise interest even higher, break off tax money to Sallie, and expect college students to work and go 2 school 90 hours a week (bootstraps) lol.
Black smoke and cac jokes
Your daps are mine
I don't see how the analogy works, student debts are not assets nor market essentials so how can it be a bubble?
I wish somebody would do the numbers and figure out what ends up being better in the long run if you do "the numbers" on this student loan problem.
Take the amount of people bailing on repayment and the financial restrictions that those still paying are operating under (most not having any disposable income to buy things or to put away as savings) and see how those numbers stack up to the amount of money that folks would spend/save if there was a period of loan forgiveness right before a total overhaul of the student loan process was done (with changes to interest rates, repayment time tables, monthly payment limits etc.).
Would it be worse for the economy to wipe the slate clean or would those people given loan forgiveness then become an added boost to the economy?
Take the amount of people bailing on repayment and the financial restrictions that those still paying are operating under (most not having any disposable income to buy things or to put away as savings) and see how those numbers stack up to the amount of money that folks would spend/save if there was a period of loan forgiveness right before a total overhaul of the student loan process was done (with changes to interest rates, repayment time tables, monthly payment limits etc.).
Would it be worse for the economy to wipe the slate clean or would those people given loan forgiveness then become an added boost to the economy?
Uncle Kingpin
No Relation
Well the dirty little secret is all those "average college students" getting degrees in nonsense and the sports teams with their 22% graduation rate communications degrees are subsidizing the costs of labs / equipment / scholarships etc for the few who are getting a degree in something worthwhile. If there were no social sciences, liberal arts, etc the cost of an engineering degree would be hundreds of thousands of dollars. If you are above average and getting a degree in a hot field, you should not have to pay anything because of all the scholarships and grants you will get. I believe the colleges have a duty to make sure people are graduating in a field that is employable. But they dont care, and are recklessly signing impressionable young adults up to programs where the degree is worthless. If the degree doesnt directly correlate to a profession, it should not be offered. But higher education hasn't been about education for quite some time, it is a business.No problem with jobs in my field
Have you guys met the average college student these days? Most of them go to college because they feel entitled to it and most think they will be entitled to a job.
People think the only thing they need to find decent employment is 'an internship'. If you actually get some skills in school you will not have a problem. There are more opportunities for talented students now than there have ever been. Meanwhile colleges are raising costs to try to move up in the rankings. And fyi commies, youth unemployment is up to 50 percent in some eu countries
Domingo Halliburton
Handmade in USA
I don't see how the analogy works, student debts are not assets nor market essentials so how can it be a bubble?
oh we definitely have SLABS now (student loan asset backed securities). They just trade in obscure, arcane markets even though there's over a trillion borrowed.
they've even opened up a more transparent swaps market on students loans.
Last edited:
honestly if your not gettin a degree in engineering or finance, 