Paul158 Posted February 22 Share Posted February 22 I'm just curious as to what class in high school that was offered that instructs you on how to borrow large sums of money without any collateral, without having a job, without any viable credit score and to obtain a loan where you do not read it or understand how interest works or understand the terms of paying back the loan? The class teaches you to borrow large sums of money to invest in what clearly are worthless degrees that in no way will help you get a good paying job so you can pay your loan back. The class also teaches that it's ok to live way beyond your means once you graduate so that there is no money left to pay your loan obligation. Someone please tell me the name of the class. Link to comment Share on other sites More sharing options...
JimmyBT Posted February 22 Share Posted February 22 2 minutes ago, Paul158 said: I'm just curious as to what class in high school that was offered that instructs you on how to borrow large sums of money without any collateral, without having a job, without any viable credit score and to obtain a loan where you do not read it or understand how interest works or understand the terms of paying back the loan? The class teaches you to borrow large sums of money to invest in what clearly are worthless degrees that in no way will help you get a good paying job so you can pay your loan back. The class also teaches that it's ok to live way beyond your means once you graduate so that there is no money left to pay your loan obligation. Someone please tell me the name of the class. Entitlement 101 1 Link to comment Share on other sites More sharing options...
Ban Basketball Posted February 22 Share Posted February 22 3 minutes ago, Paul158 said: I'm just curious as to what class in high school that was offered that instructs you on how to borrow large sums of money without any collateral, without having a job, without any viable credit score and to obtain a loan where you do not read it or understand how interest works or understand the terms of paying back the loan? The class teaches you to borrow large sums of money to invest in what clearly are worthless degrees that in no way will help you get a good paying job so you can pay your loan back. The class also teaches that it's ok to live way beyond your means once you graduate so that there is no money left to pay your loan obligation. Someone please tell me the name of the class. More proof, as Lonesome Rhodes Glen Beck teaches us, that edurtashun is poison! Illegalize teaching! 1 Owner of over two decades of the most dangerous words on the internet! In fact, during the short life of this forum, me's culture has been cancelled three times on this very site! Link to comment Share on other sites More sharing options...
Ban Basketball Posted February 22 Share Posted February 22 1 minute ago, JimmyBT said: Entitlement 101 I'm working on getting that class' culture cancelled here in Iowa! 1 Owner of over two decades of the most dangerous words on the internet! In fact, during the short life of this forum, me's culture has been cancelled three times on this very site! Link to comment Share on other sites More sharing options...
Paul158 Posted February 22 Share Posted February 22 1 hour ago, JimmyBT said: Entitlement 101 I would have flunked the class. 2 Link to comment Share on other sites More sharing options...
jross Posted February 22 Share Posted February 22 Quote The Federal student aid programs provide grant, loan, and work-study assistance to help students afford a postsecondary education and realize the lifelong benefits of an education beyond high school such as financial stability. The Budget includes both discretionary and mandatory funding that would make available $126 billion in new Federal student aid to help nearly 9 million students and their families pay for college. Here is the discretionary trend. https://www2.ed.gov/about/overview/budget/budget24/budget-highlights.pdf Here are the past few years of STUDENT AID SUMMARY TABLES. Red font means spent beyond requested funds. Green means spending less than the request. All numbers in millions of dollars. Budgets https://www2.ed.gov/about/overview/budget/budget24/summary/24summary.pdf https://www2.ed.gov/about/overview/budget/budget24/justifications/index.html https://www2.ed.gov/about/overview/budget/budget23/summary/23summary.pdf https://www2.ed.gov/about/overview/budget/budget22/summary/22summary.pdf https://www2.ed.gov/about/overview/budget/budget21/summary/21summary.pdf https://www2.ed.gov/about/overview/budget/budget20/summary/20summary.pdf https://www2.ed.gov/about/overview/budget/budget19/summary/19summary.pdf 1 Link to comment Share on other sites More sharing options...
Ban Basketball Posted February 22 Share Posted February 22 1 hour ago, Paul158 said: I would have flunked the class. Me too! No farmer who gets his inchum guaranteed by big gubment would EVER understand big gubment handouts! 1 Owner of over two decades of the most dangerous words on the internet! In fact, during the short life of this forum, me's culture has been cancelled three times on this very site! Link to comment Share on other sites More sharing options...
mspart Posted February 22 Share Posted February 22 Student loan forgiveness is unfair to working individuals who took no loans or paid them back. Just because they made poor choices doesn't mean they shouldn't pay the loans back. I have kids who say they can't pay for college without loans. But these guys do not want to work 40 hours a week to make money to go to pay for school or reduce the amount of loan they would have to take. They want it handed to them. I have one that is still hammered by loans. But he has a good job now and can pay and he is. He would like loan forgiveness but I don't think he is eligible. mspart Link to comment Share on other sites More sharing options...
Wrestleknownothing Posted February 23 Share Posted February 23 1 hour ago, mspart said: Student loan forgiveness is unfair to working individuals who took no loans or paid them back. Just because they made poor choices doesn't mean they shouldn't pay the loans back. I have kids who say they can't pay for college without loans. But these guys do not want to work 40 hours a week to make money to go to pay for school or reduce the amount of loan they would have to take. They want it handed to them. I have one that is still hammered by loans. But he has a good job now and can pay and he is. He would like loan forgiveness but I don't think he is eligible. mspart Who says the forgiveness is only about poor choices? Drowning in data, but thirsting for knowledge Link to comment Share on other sites More sharing options...
mspart Posted February 23 Share Posted February 23 21 minutes ago, Wrestleknownothing said: Who says the forgiveness is only about poor choices? If they made good choices, they would have the money to pay for the loans. Is that not self evident in the aggregate? mspart 1 Link to comment Share on other sites More sharing options...
Wrestleknownothing Posted February 23 Share Posted February 23 1 minute ago, mspart said: If they made good choices, they would have the money to pay for the loans. Is that not self evident in the aggregate? mspart No. Especially when loan forgiveness is used as an incentive to take a job they would not have otherwise taken. You might as well say the GI Bill is as a result of a bad choice. Drowning in data, but thirsting for knowledge Link to comment Share on other sites More sharing options...
jross Posted February 23 Share Posted February 23 7 minutes ago, Wrestleknownothing said: No. Especially when loan forgiveness is used as an incentive to take a job they would not have otherwise taken. You might as well say the GI Bill is as a result of a bad choice. How much of loan forgiveness relates to taking a job they would not have otherwise taken? Link to comment Share on other sites More sharing options...
Wrestleknownothing Posted February 23 Share Posted February 23 5 minutes ago, jross said: How much of loan forgiveness relates to taking a job they would not have otherwise taken? How much doesn't? Race. Drowning in data, but thirsting for knowledge Link to comment Share on other sites More sharing options...
Offthemat Posted February 23 Share Posted February 23 Biden said he made changes so more people would be eligible. Link to comment Share on other sites More sharing options...
ionel Posted February 23 Share Posted February 23 10 minutes ago, Offthemat said: Biden said he made changes so more people would be eligible. 56 minutes ago, Wrestleknownothing said: Who says the forgiveness is only about poor choices? Political, garner more votes? Link to comment Share on other sites More sharing options...
jross Posted February 23 Share Posted February 23 Isn't the majority of loan forgiveness for people outside the public service loan forgiveness program? Link to comment Share on other sites More sharing options...
Offthemat Posted February 23 Share Posted February 23 4 minutes ago, jross said: Isn't the majority of loan forgiveness for people outside the public service loan forgiveness program? Yes, there’d be no reason to announce that programs were running as expected. In an election year. Link to comment Share on other sites More sharing options...
mspart Posted February 23 Share Posted February 23 44 minutes ago, Wrestleknownothing said: No. Especially when loan forgiveness is used as an incentive to take a job they would not have otherwise taken. You might as well say the GI Bill is as a result of a bad choice. GI Bill is for military service. It compensates for the low pay they get. I have no problem with GI Bill. Loan forgiveness is nothing of the sort. You take a loan you pay it back. Period. mspart 1 Link to comment Share on other sites More sharing options...
jross Posted February 23 Share Posted February 23 (edited) 7 minutes ago, Offthemat said: Yes, there’d be no reason to announce that programs were running as expected. In an election year. Why is there so much focus on the public sector when the majority of this isn't that? Edited February 23 by jross Link to comment Share on other sites More sharing options...
Offthemat Posted February 23 Share Posted February 23 1 minute ago, jross said: Why is there so much focus on the public sector when the majority if this isn't that? Obfuscation. Link to comment Share on other sites More sharing options...
jross Posted February 23 Share Posted February 23 Oof. Link to comment Share on other sites More sharing options...
Lipdrag Posted February 23 Share Posted February 23 On 2/21/2024 at 9:55 PM, Le duke said: the GI Bill after WWII. A perfect example of a voucher system with 100% of the benefits tied directly to the education recipient. Also, the benefits were capped in amount so if the recipient wanted to go to a more expensive school than the GI Bill benefit paid the difference in cost was paid by him/her. Before we throw more money to the indoctrinators let's implement this tried and true education investment scheme. It's only fair. Link to comment Share on other sites More sharing options...
Le duke Posted February 23 Share Posted February 23 GI Bill is for military service. It compensates for the low pay they get. I have no problem with GI Bill. Loan forgiveness is nothing of the sort. You take a loan you pay it back. Period. mspartThe GI Bill has nothing to do with your pay. FGOs, GOs and Senior NCOs making $150k+ a year are just as eligible for it as a 4-and-out E4.Sent from my iPhone using Tapatalk 1 Link to comment Share on other sites More sharing options...
mspart Posted February 23 Share Posted February 23 19 hours ago, jross said: Oof. Democracy is in danger if this guy gets his way. He is more of a dictator!! Does that sound familiar to anyone? mspart Link to comment Share on other sites More sharing options...
mspart Posted February 23 Share Posted February 23 18 hours ago, Le duke said: The GI Bill has nothing to do with your pay. FGOs, GOs and Senior NCOs making $150k+ a year are just as eligible for it as a 4-and-out E4. Sent from my iPhone using Tapatalk There is a huge difference between taking a loan, then not repaying it, and the GI Bill. Usually that gets your credit score in the tank for 7 years and sometimes in the pokey. The GI Bill is earned through years of service to the country. If it is offered and accepted when the recruit signs up, then the recruit can take advantage of it. Period. What part of a contract do you not understand? mspart Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now