You just illustrated the problem of any sort of debt forgiveness. You want to pick and choose which to forgive, based on their social credit score with you. In an ironic twist, they are all in professions that tilt heavily democrat. Kind of the same way the people who got screwed by Obamacare tended to tilt republican.
What hell are you smoking...no is talking left or right.. but you want your kids educated by smart people but making 30k a year? Help them out. My God man your hysteria and paranoia knows no ends. I am talking about supporting teachers and you are whining teachers are leftist robots. You think everything is a lefty conspiracy. Grow up
The Student Debt You Willingly Took On Is Not My Problem To Solve Apparently, the majority of Democratic presidential contenders want to parade student debt sob stories around. These stories don't show the full picture. By Margot Cleveland August 15, 2019 Of all the pandering showcased during Democrats’ attempts to win back the presidency, wiping out student debt ranked at or near the top. “I believe that education is the future for this country,” socialist Sen. Bernie Sanders barked during the first round of Democratic primary debates, explaining that’s why we must “eliminate student debt and we do that by placing a tax on Wall Street.” Sen. Amy Klobuchar spoke similarly. “I can tell you this,” the Minnesota senator demagogued, “if billionaires can pay off their yachts, students should be able to pay off their student loans.” There can be no serious discussion of this issue, however, in 60-second sound bites. So, beyond the soak-the-rich shtick that shades every Democratic economic debate point, the candidates resorted to two tactics: shock and sob stories. The Shock Strategy The size of student debt provides the jolt necessary to peddle their plans to the American populace. “I got $100,000 in student loan debt myself,” California Rep. Eric Swalwell bemoaned. “College affordability is personal for us,” South Bend, Indiana, Mayor Pete Buttigieg shared, noting that his household has “six-figure student debt.” So, sure, “I believe in reducing student debt,” Buttigieg announced. Next came the sob stories. Those student loans are suffocating a generation, the candidates suggested. After all, “40 million of us who can’t start a family,” the diaper-changing daddy Swalwell contradictorily proclaimed, adding that they “Can’t take a good idea and start a business and can’t buy our first home.” “We can’t put people in a position where they aren’t able to go on and move on,” frontrunner Joe Biden agreed. Tellingly, when not constrained by the debate format, these same politicians push the same narrative to garner support for bailing out student loans, all while the media provides the Democrats a free assist. “With loans totaling more than $130,000,” Buttigieg’s household is “among the 43 million people in the United States who owe federal student loan debt,” the Associated Press reported last month, before highlighting the myriad plans to bail out student debt pushed by a cadre of presidential candidates. The AP then furthered the narrative by using statistics to shock the public into socialism: The debtors are so numerous and the total debt so high—more than $1.447 trillion, according to federal statistics—that several of the Democratic candidates have made major policy proposals to address the crisis. Their ideas include wiping away debt, lowering interest rates, expanding programs that tie repayment terms to income and making college free or debt-free. Student loan debt is often discussed as an issue that mostly affects millennials, but it cuts across age groups. Federal statistics show that about 7.8 million people age 50 and older owe a combined $291.9 billion in student loans. People age 35 to 49, a group that covers older millennials such as Buttigieg as well as Generation X, owe $548.4 billion. That group includes more than 14 million people. Sob Stories Reign Supreme Then the sad tales continue the sales pitch for a government solution to student debt—a ploy that began well before the 2016 elections. Here’s one of myriad media examples. “Shayna Pilnick, 28, would like to buy an apartment but can’t afford a mortgage. Jacqueline Mannino, 23, and her boyfriend, Benjamin Prowse, 26, want to get married. Jacob Childerson, 24, and his wife, Jennifer, 25, wish they could start a family, but they live with Jennifer’s parents,” is how USA Today opened its 2013 profile of millennials unable to obtain their dream life because they are “tethered” to “tens of thousands of dollars in student loan debt.” There are many ways to counter these arguments, based on both economics and equity. But it’s hard to counter soundbites with sense, so instead, here are my inquiries for these politicians, the press, and all the students demanding relief from the burdens of their debt: Tell me your sob stories from age 12 on, not what you can’t do now, but what you couldn’t do then. Tell what you had to do then and through college to avoid what is now, to you, crushing student debt. What time did you get up to deliver papers in junior high? How many hours a week did you work since 14 to save for college? How many toilets did you scrub? How many high school football games did you miss because you were working? What dream college did you forgo to avoid taking out student loans? Which 8 a.m. class did you take so you could complete your major’s requirements and still work in the afternoon? Which bus line did you take to get to your job because you didn’t borrow to buy a car? What job did you work full-time while completing your MBA at night? What did you do to afford college? What didn’t you do because of the cost of college? Were you getting tattoos and traveling your way through college? Were you pledging and partying? Did you go to your top-choice university? Maybe an out-of-state public university with higher tuition rates? Which spring break and study abroad destinations did you visit along the way? Did you splurge on your fairytale wedding instead of paying down your student loans? What cars did you buy or lease? Where did you live? What electronics did you own? What clothing and other personal expenditures did you have? In short, show me the money and how you spent it! None of my business? You’re right. Nor is your student debt my business or my problem. Margot Cleveland is a senior contributor to The Federalist. Cleveland served nearly 25 years as a permanent law clerk to a federal appellate judge and is a former full-time faculty member and current adjunct instructor at the college of business at the University of Notre Dame. The views expressed here are those of Cleveland in her private capacity. Copyright © 2019 The Federalist, a wholly independent division of FDRLST Media, All Rights Reserved. https://thefederalist.com/2019/08/15/student-debt-willingly-took-not-problem-solve/
This really cuts to the crux of the matter. And what about the people who did work two jobs, who went to community college instead of Private U, who didn't spend their summers being enriched in Europe, who took a shit job to generate cash to pay off their loans, etc etc? What do you tell them? "Too bad suckers, didn't you realize what country you lived in?" I am in favor of doing something with this. After all, we bailed out Wall Street, no one even lost their jobs or bonuses, no one was prosecuted. That's why they call this sort of thing a moral hazard, it's very hard to say no the next time. But I say any solution has to involve some sort of buy-in from the people who benefitted the most, the universities. Plus, it can't happen again, which means we either cut off government guaranteed loans totally, which is the ideal solution, or we put universities on the hook in case of default, or we do it like medicare, ie the government dictates what universities can charge students getting loans. Just wiping it out and starting over is as crazy as open borders and government health care for illegals, oh wait...
Ahhh but Wipe out debt Free health care Works the same way as Mexico will pay for it I will give you bigger and better health care You lie to get votes and slow bullshit. Sensible plans dont get people hard. My advice for step #1: Federal subsidized loans are only for in- State schools and community colleges. Why? They are across the board cheaper and in one fix you cut total future student debt by 40%. Public universities have more cost oversights and a better deal and cheaper. Also gives support to state schools that will allow them to grow and improve offerings without raising costs I dont yet have good idea for existing issue but my first step would be to limit federal loans to in state schools only. Solves many problems at once and provides numerous opportinities. You want to go to private university or.oit of state? Go.get a private loan and let them do due diligence.
Probably and also it does not sell....I am sure some vag Dems would cry that Stanford and UPenn need to give their students access to all sources of financial aid so they can go. But the ballsy response is....yo shit is too expensive for the federal government to subsidize tuition loans....if.you want to help those students so much..give them scholarships bitch. Some great state schools out there at reduced costs and although I cannot.comment on quality of University of Hawaii or University of Idaho..every state has at least one qualified school. Stick it to private university by pulling federal support for price gouging. College applications should include student loan disclosures students and parents need to sign plus suggestions of ways to reduce costs and realities of post graduation burdens.
How much did that tattoo set her back while she was struggling to pay her bills... Everyone is entitled to an education....just not entitled to a large expensive university one. I have heard of parents cross schools off a child's list because it was too expensive and they couldn't afford it. Sucks but only if those parents and children had no other options. I do believe the poor and lower.middle class should not be priced out of college. That is why I feel: 1. Large university should focus scholarships more on needs based rather than mainly on athletic or individual skill base. School benefits and some schools make so much money on athletics they can afford it. 2. Federal spending should focus on State partnerships with community colleges to improve facilities and attract better professors. More people will attend and have better future and the only thing Tattoo Betty said that is true is that more educated workforce lifts the economy (studies showed this in Asia and Europe). Comunity colleges tend to be more focused on teaching classes than majors in general subjects. 3. State schools should either increase the % of locals who are accepted or come up with a sort of reciprocity system. State schools like to attract more out of staters because they pay almost double.more in tuition. They bias towards that and in staters whose taxes support the school to an extent fight for smaller slots. If each state school increase local % by a small amount then thousands more would get cheaper education. 4. Loan forgiveness to right the ship should be biased towards those who qualify on serious needs based. Someone making $80k a year with $45k in student loans asking for forgiveness should be kicked in the nuts. Also dont forgive the loans, cancel the interest and lengthen the payback period to help people. The cost to the government to do this drops maybe 80%. Interest is income..strip it away to punish lenders for not monitoring better while in turn they put pressure on universities. 5. Fund a public annual survey that provides career earnings statistics on numerous careers and publish it to educate people (high school students and parents). Cost is not that much be useful. We need artists and teachers and non profit workers but be honest about what you will earn to navigate the education part better.
First blush - I have no problem with this. https://www.yahoo.com/news/trump-signs-executive-order-eliminate-222611477.html