sherpa Posted August 31, 2022 Share Posted August 31, 2022 5 minutes ago, Tiberius said: 6 minutes ago, Tiberius said: You are saying higher education has no justification something, something...huh? Maybe you are simply not capable of interpreting what is said. Actually, I am quite certain you are not, but no surprise there. What I am sayin is that there is no reasonable economic metric that justifies the escalating cost of college cost. Not CPI, inflation rate,GDP. Nothing. It is simply because people are willing to pay ridiculous costs for it. That burden is a decision, and should not be the US taxpayer's debt. Placing it on the taxpayer is nothing more than bribing a demographic, and again, for the third time, should have been a decision made by our legislative branch. This man is doing nothing more than trying to buy an election. Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted August 31, 2022 Share Posted August 31, 2022 41 minutes ago, Tiberius said: You are saying higher education has no justification something, something...huh? But your 1929 reference? Like we are about to fall off a cliff. You must see the glass as half empty. When considered as a whole, the equities market has offered opportunities in abundance since 1929. The world didn’t end then, either! What I’m saying is for your friends, the low water mark (1929) was when they were besieged with debt that was clearly beyond their control. Now that the obligation has been neutralized, they can push forward and use the savings on expenditures important to them. It won’t happen overnight, of course, and it will at times be a struggle. Maybe the newest iPhone is delayed or out of stock. Maybe their favorite restaurant is booked. Maybe they want a BMW but have to settle for a Kia. All I know is they are Survivors and #studentloanstrong. Link to comment Share on other sites More sharing options...
Chef Jim Posted August 31, 2022 Share Posted August 31, 2022 27 minutes ago, leh-nerd skin-erd said: You must see the glass as half empty. When considered as a whole, the equities market has offered opportunities in abundance since 1929. The world didn’t end then, either! What I’m saying is for your friends, the low water mark (1929) was when they were besieged with debt that was clearly beyond their control. Now that the obligation has been neutralized, they can push forward and use the savings on expenditures important to them. It won’t happen overnight, of course, and it will at times be a struggle. Maybe the newest iPhone is delayed or out of stock. Maybe their favorite restaurant is booked. Maybe they want a BMW but have to settle for a Kia. All I know is they are Survivors and #studentloanstrong. That $100 a month less in student loan payments is a savior. Vote pandering at its best. Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted August 31, 2022 Share Posted August 31, 2022 43 minutes ago, Chef Jim said: That $100 a month less in student loan payments is a savior. Vote pandering at its best. $100 a month x 2 x 12 x 35 years @ __%…If Tibsy’s friends don’t turn into chubby winos getting their lunch drank on regularly, they can make some headway here. They can probably save up enough to pay a lawyer if they get in another financial pickle down the road. Link to comment Share on other sites More sharing options...
Chef Jim Posted August 31, 2022 Share Posted August 31, 2022 8 minutes ago, leh-nerd skin-erd said: $100 a month x 2 x 12 x 35 years @ __%…If Tibsy’s friends don’t turn into chubby winos getting their lunch drank on regularly, they can make some headway here. They can probably save up enough to pay a lawyer if they get in another financial pickle down the road. Here's the dumb thing. The monthly forgiveness is not going to give them any "breathing room". It's just going to be spent. So they either spend it paying their loan down or buying lattes and avocado toast. Then here comes the "great! Their spending will help the economy!" crowd. Well hate to break it to you folks but the thing that messes the economy up the most in not recessions. It's inflation. And adding more $$ to the deficit will likely increase inflation. I used to fear death. Now I welcome it. Take me away from the ignoramuses. 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted August 31, 2022 Share Posted August 31, 2022 4 hours ago, GaryPinC said: Well, the for-profits do engage in a fraud that is very hard to prove. They target inner-city and economically disadvantaged kids who don't have the education and study habits to be successful at college. But they sell them the hope of a college education and string them along for a year or two to get the max federal loans and when they inevitably flunk out, the school has our taxpayer money and the former students all the debt. They ‘target’ the specifically? Everyone targets everyone. Do you think Mastercard isn’t targeting you with their commercials offering cash rewards? Everything isn’t about the inner city! It’s just not. Link to comment Share on other sites More sharing options...
GaryPinC Posted September 1, 2022 Share Posted September 1, 2022 1 hour ago, SoCal Deek said: They ‘target’ the specifically? Everyone targets everyone. Do you think Mastercard isn’t targeting you with their commercials offering cash rewards? Everything isn’t about the inner city! It’s just not. https://en.wikipedia.org/wiki/Sanford–Brown I saw the recruiting focus documents from someone I know who worked here in Cleveland for Sanford Brown. They don't care about your grades, disadvantaged kids from the Cleveland school district were perfect because they want a better life and when most of them failed they left and carried on the best they could. The school expected them to fail and got as much federal money for them until they left. They executed a version of a Ponzi scheme where they had goals/quotas for new students specifically from the Cleveland district. Was that the only students that went there? No, but it was most definitely a focus. If you could open your mind and look beyond your Wight Wing Wetard, you'd realize their approach made a certain amount of sense. I would guess that's why the loans of students from these types of schools were the first to be forgiven. Many of these schools are just money making scams. Even if you get through their program, the quality of the education is poor and doesn't translate well to further education nor the workforce. Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted September 1, 2022 Share Posted September 1, 2022 (edited) 1 hour ago, GaryPinC said: https://en.wikipedia.org/wiki/Sanford–Brown I saw the recruiting focus documents from someone I know who worked here in Cleveland for Sanford Brown. They don't care about your grades, disadvantaged kids from the Cleveland school district were perfect because they want a better life and when most of them failed they left and carried on the best they could. The school expected them to fail and got as much federal money for them until they left. They executed a version of a Ponzi scheme where they had goals/quotas for new students specifically from the Cleveland district. Was that the only students that went there? No, but it was most definitely a focus. If you could open your mind and look beyond your Wight Wing Wetard, you'd realize their approach made a certain amount of sense. I would guess that's why the loans of students from these types of schools were the first to be forgiven. Many of these schools are just money making scams. Even if you get through their program, the quality of the education is poor and doesn't translate well to further education nor the workforce. Wait whut??? All these decades of easy federal money lobbed into the student loan machine had unintended consequences????? 🤯 Edited September 1, 2022 by Over 29 years of fanhood 1 1 Link to comment Share on other sites More sharing options...
BillStime Posted September 1, 2022 Share Posted September 1, 2022 This, too, will backfire on the cult: 1 Link to comment Share on other sites More sharing options...
Tiberius Posted September 1, 2022 Share Posted September 1, 2022 34 minutes ago, BillStime said: This, too, will backfire on the cult: Idiots! 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted September 1, 2022 Share Posted September 1, 2022 12 hours ago, GaryPinC said: https://en.wikipedia.org/wiki/Sanford–Brown I saw the recruiting focus documents from someone I know who worked here in Cleveland for Sanford Brown. They don't care about your grades, disadvantaged kids from the Cleveland school district were perfect because they want a better life and when most of them failed they left and carried on the best they could. The school expected them to fail and got as much federal money for them until they left. They executed a version of a Ponzi scheme where they had goals/quotas for new students specifically from the Cleveland district. Was that the only students that went there? No, but it was most definitely a focus. If you could open your mind and look beyond your Wight Wing Wetard, you'd realize their approach made a certain amount of sense. I would guess that's why the loans of students from these types of schools were the first to be forgiven. Many of these schools are just money making scams. Even if you get through their program, the quality of the education is poor and doesn't translate well to further education nor the workforce. I think you misunderstood my response. I am not at all shocked that a money making school is trying to …make money. The problem isn’t the school! The root cause of this is the access to cheap money. The government keeps getting burned by this brand of empathetic thinking time and time again. It’s what eventually resulted in a the housing mortgage crisis. 1 Link to comment Share on other sites More sharing options...
BillStime Posted September 1, 2022 Share Posted September 1, 2022 Classic Link to comment Share on other sites More sharing options...
B-Man Posted September 1, 2022 Share Posted September 1, 2022 This is a habit for Biden. He can make as many saccharine speeches about the rule of law as he likes, but it won’t change the fact that has repeatedly issued spectacularly illegal orders, and then cynically blamed the courts when those spectacularly illegal orders were rejected. . Link to comment Share on other sites More sharing options...
LeviF Posted September 1, 2022 Share Posted September 1, 2022 6 hours ago, B-Man said: This is a habit for Biden. He can make as many saccharine speeches about the rule of law as he likes, but it won’t change the fact that has repeatedly issued spectacularly illegal orders, and then cynically blamed the courts when those spectacularly illegal orders were rejected. . Even if this is true Dems come out on top. Again, loser mentality from the GOP. 1 Link to comment Share on other sites More sharing options...
sherpa Posted September 1, 2022 Share Posted September 1, 2022 8 minutes ago, LeviF said: Even if this is true Dems come out on top. Again, loser mentality from the GOP. Maybe we allow the legislative branch to strap the taxpayers with a mega expensive bill. Strange? That's the way its supposed to work, but I doubt Biden understands any of this normal governmental procedure. 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted September 1, 2022 Share Posted September 1, 2022 9 hours ago, BillStime said: Classic You could literally post this sort of thing a hundred times a week. There are all sorts of things being funded in Washington. These particular two are completely unrelated. Not sure how in the world this is in any way ‘classic’….as you defined it. 1 1 1 Link to comment Share on other sites More sharing options...
BillStime Posted September 1, 2022 Share Posted September 1, 2022 16 minutes ago, SoCal Deek said: You could literally post this sort of thing a hundred times a week. There are all sorts of things being funded in Washington. These particular two are completely unrelated. Not sure how in the world this is in any way ‘classic’….as you defined it. But why do my tax dollars have to go to Mississippi? I’ll never have to drink their water. Can’t their own residents pay for this? I pay my taxes and have good drinking water. Isn’t that the mantra we are supposed to preach per the cult? Link to comment Share on other sites More sharing options...
LeviF Posted September 2, 2022 Share Posted September 2, 2022 53 minutes ago, sherpa said: Maybe we allow the legislative branch to strap the taxpayers with a mega expensive bill. Strange? That's the way its supposed to work, but I doubt Biden understands any of this normal governmental procedure. How many votes do you think this line turns red in November? In 2024? Link to comment Share on other sites More sharing options...
BuffaninSarasota Posted September 2, 2022 Share Posted September 2, 2022 not exactly Joke's intended outcome https://www.businessinsider.com/north-carolina-student-loan-debt-forgiveness-taxed-2022-9 1 Link to comment Share on other sites More sharing options...
LeviF Posted September 2, 2022 Share Posted September 2, 2022 14 hours ago, BillStime said: But why do my tax dollars have to go to Mississippi? I’ll never have to drink their water. Can’t their own residents pay for this? I pay my taxes and have good drinking water. Isn’t that the mantra we are supposed to preach per the cult? What happened to that trillion dollar infrastructure bill? Surely there's money in that for this sort of project. Link to comment Share on other sites More sharing options...
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