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Do all know that we are paying students' loans off?

Do all know that we are paying students' loans off?

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AverageJoe1
Catch the Train 47!

Lake Como

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One of the simple questions which should be answered in this busy world.
Does anyone watch him read off of a piece of paper that he is going to do this? Does anyone agree with this? Do you know someone who has never been to college who will be assessed money to pay off a person's debts? His graduate school college loans?

Kewpie
Felis Australis

Australia

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@averagejoe1 said
One of the simple questions which should be answered in this busy world.
Does anyone watch him read off of a piece of paper that he is going to do this? Does anyone agree with this? Do you know someone who has never been to college who will be assessed money to pay off a person's debts? His graduate school college loans?
<groan> not AGAIN!

shavixmir
Lord

Sewers of Holland

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@averagejoe1 said
One of the simple questions which should be answered in this busy world.
Does anyone watch him read off of a piece of paper that he is going to do this? Does anyone agree with this? Do you know someone who has never been to college who will be assessed money to pay off a person's debts? His graduate school college loans?
Your whole system is fukked. You have to start changing things somewhere.

In which world is 50.000 a year just to study normal? And so students are forced to take on loans with absurd interest rates. That’s fukked up too.

You do realise that society (a country) needs engineers, psychologists, doctors, teachers, mathematicians, geo-physisits, people who can spell, etc. ?

Suzianne
Misfit Queen

Isle of Misfit Toys

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1 edit

@averagejoe1 said
One of the simple questions which should be answered in this busy world.
Does anyone watch him read off of a piece of paper that he is going to do this? Does anyone agree with this? Do you know someone who has never been to college who will be assessed money to pay off a person's debts? His graduate school college loans?
Twit.

mchill
Cryptic

Behind the scenes

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1 edit

@averagejoe1 said
One of the simple questions which should be answered in this busy world.
Does anyone watch him read off of a piece of paper that he is going to do this? Does anyone agree with this? Do you know someone who has never been to college who will be assessed money to pay off a person's debts? His graduate school college loans?
One of the simple questions which should be answered in this busy world. - You asked 4 questions here, not one, so which one(s) do you want answered?

Does anyone watch him read off of a piece of paper that he is going to do this? - Who is "him?"

Does anyone agree with this? - Yes

Do you know someone who has never been to college who will be assessed money to pay off a person's debts? - Yes, it's done in Europe all the time.

His graduate school college loans? Yes, those too.

Dear Joe - There are over 35 countries that offer its citizens free college education, So, please - stop treating higher education as if it were an illegal drug.

w

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@averagejoe1 said
One of the simple questions which should be answered in this busy world.
Does anyone watch him read off of a piece of paper that he is going to do this? Does anyone agree with this? Do you know someone who has never been to college who will be assessed money to pay off a person's debts? His graduate school college loans?
Stale topic mate.

Goobermint subsidizes all kinds of economic activities. This is just another example. For some reason it bugs you.

AThousandYoung
1st Dan TKD Kukkiwon

tinyurl.com/2te6yzdu

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@averagejoe1 said
One of the simple questions which should be answered in this busy world.
Does anyone watch him read off of a piece of paper that he is going to do this? Does anyone agree with this? Do you know someone who has never been to college who will be assessed money to pay off a person's debts? His graduate school college loans?
How are these people who didn't go to college making so much money that they are getting taxed more than the college graduates themselves?

Suzianne
Misfit Queen

Isle of Misfit Toys

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Any society that values its citizens SHOULD offer free university, if only to raise their standard of living. How do they expect their nation to meet the challenges of the 21st century by keeping their citizens poor and ignorant?

s
Fast and Curious

slatington, pa, usa

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@wildgrass
It bugs AJ1 because he ABSOLUTELY hates giving money to anyone no matter the reason.

Suzianne
Misfit Queen

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@sonhouse said
@wildgrass
It bugs AJ1 because he ABSOLUTELY hates giving money to anyone no matter the reason.
Except billionaires. He loves giving money to billionaires.

AverageJoe1
Catch the Train 47!

Lake Como

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@kewpie said
<groan> not AGAIN!
No, this is the FiRST time, no president has ever been such a swashbuckler with our money.

AverageJoe1
Catch the Train 47!

Lake Como

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@AverageJoe1
Not an answer on the real issue among you.

Mott The Hoople

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@mchill said
One of the simple questions which should be answered in this busy world. - You asked 4 questions here, not one, so which one(s) do you want answered?

Does anyone watch him read off of a piece of paper that he is going to do this? - Who is "him?"

Does anyone agree with this? - Yes

Do you know someone who has never been to college who will be assessed money to pay off ...[text shortened]... s free college education, So, please - stop treating higher education as if it were an illegal drug.
explain how life in these “free” countries is better…


“The Georgetown analysis projects that, under Clinton’s plan, so many people in the United States would apply to go to top public universities that those would become much more selective, shutting out poor and nonwhite students, who would land in already overburdened open-access regional public universities and community colleges with low success rates.

In Germany, the shift to dependence on government funding, combined with the increase in enrollment that resulted from abandoning tuition, has also meant a 10 percent decline in spending per student in the last few years, the OECD reports, to about $16,895, compared to $27,924 in the United States. Starved for funding, German universities are seldom near the top of international rankings.”


https://hechingerreport.org/free-college-tuition-one-country-exposes-unexpected-pros-cons/

spruce112358
It's All A Joke

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@shavixmir said
In which world is 50.000 a year just to study normal? And so students are forced to take on loans with absurd interest rates. That’s fukked up too.
To me, it is not normal.

When I started at Purdue (public; in-state rates) in 1981, the cost was ~$3000/year all in. That's about $10,600 adjusted to today. But Purdue in 2023-24 costs $20,022 per year all-in. (I think I paid ~$15k/yr for my kids where they went.)

So that's roughly double what it should be. The difference is due to demand - both within the US and worldwide. Everybody wants to go to US colleges. And why not? They are delightful.

But government increased demand by offering loans. And now bailing out students will further increase demand because it takes away risk.

This will drive further inflation. Can't use gasoline to put out fires.

I went to graduate school for essentially nothing because I worked in the medical school and the stipend offset my remitted tuition and housing. That also seems normal because it's what happened to me.

Mott The Hoople

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@mott-the-hoople said
explain how life in these “free” countries is better…


“The Georgetown analysis projects that, under Clinton’s plan, so many people in the United States would apply to go to top public universities that those would become much more selective, shutting out poor and nonwhite students, who would land in already overburdened open-access regional public universities ...[text shortened]... .”

https://hechingerreport.org/free-college-tuition-one-country-exposes-unexpected-pros-cons/
Woessmann, the economist, agreed that, “as a general rule, universities in Germany do have much less resources than at least the higher-level universities in the U.S. University presidents in general will always tell you they don’t have enough money, but in general I think they have a point there. If the universities were able to [impose] tuition fees, that would surely in general affect the quality.”

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