DaWg44 wrote:
I worked 40-50 hours/week & went to school full time. I grew up on a small farm certainly did not have money to go college. I was raised to never borrow money except for tangible needs. Equipment, barns, house.
Colleges & universities should be fined. Loans started about the time I started college. My tuition quintupled over the four years I was in school, even though they went to four day weeks, reducing teaching time 20%.
Tuition can only raise by 2% a year...
And universities set courses that may require a student to attend classes anywhere from 1-7 days a week...
Regardless, the thread is about what should be done concerning debt today... Having millions of in debted workers is not healthy for an economy....
jSmitty45
Loc: Fl born, lived in Texas 30 yrs, now Louisiana
byronglimish wrote:
What do you say?
No, then they should forgive our credit card debt,
Not fair to those who paid theirs back.
Occasional Kotex is such an idiot, can't believe she was actually re-elected!
Gatsby wrote:
Only if I, and every other former student, are reimbursed for the student loans that we repaid.
Great idea ,you got it U B Rite !!
Canuckus Deploracus wrote:
As did I...
My comment stands...
I think I omitted the 'obviously from a higher income' part....
Canuckus Deploracus wrote:
Tuition can only raise by 2% a year...
And universities set courses that may require a student to attend classes anywhere from 1-7 days a week...
Regardless, the thread is about what should be done concerning debt today... Having millions of in debted workers is not healthy for an economy....
It would seem the very first thing to do is to entirely remove the government from the student loan process.
American Vet wrote:
It would seem the very first thing to do is to entirely remove the government from the student loan process.
Absolutely... That was always a bad idea
American Vet wrote:
I think I omitted the 'obviously from a higher income' part....
Ah...
I see what you're getting at... I believe I used a qualifier
Canuckus Deploracus wrote:
Ah...
I see what you're getting at... I believe I used a qualifier
How is 'college' handled in PRC?
PeterS wrote:
When I went to college in the late 70's full-time tuition was $210 a semester and I could pay for my food and housing with Pell grants and work-study. Today, a modest college is $6000 a semester plus. The reason for the difference is inflation and because federal and state governments have cut their subsidies. So why do we expect our children and grandchildren to pay for their education when the federal and state governments largely paid for ours? Hell, the part of my education that I borrowed money on I repaid in a year or two. Our children and grandchildren are staddled with a debt we were never asked to pay so why are we asking them?
When I went to college in the late 70's full-time ... (
show quote)
Great point Peter, things should be looked at by percentages rather then dollar amount. For instance was was the percentage of what kids paid then to now, then we should try and maintain those same percentages today. The colleges should still get their profit and students manage the debt appropriately. It should not be only the people with a higher incomes who can afford an education.
We have to see the big picture here, how to make as many citizens as possible to be productive and self sufficient, to be an asset to society, and not a drain in the long run.
Presently we are 65th in the percentage of our GDP to funds going to education. I don't know about you but I not only find that shameful I find it not advantageous for our own self preservation in competing with other countries. Want to know who is at the top of the list? Cuba...Yep, they also help their people in healthcare better then we do.
American Vet wrote:
How is 'college' handled in PRC?
Mostly paid for by the students... There are scholarships and loans available if necessary...
The costs are much lower... Average degree will run a person between $10,000 - $20,000...
They take stupid courses that 'sound' good to their 'liberated' brain - but then there are no jobs for the self-centered, spoiled little shits. Let them rot in their parents basement while they wash dishes at the local cafe.
BearK wrote:
They take stupid courses that 'sound' good to their 'liberated' brain - but then there are no jobs for the self-centered, spoiled little shits. Let them rot in their parents basement while they wash dishes at the local cafe.
Woohoo Beark!! You tell it sweet lady!! Can tell this is a nerve with you. Nice to see you as always I hope you had a wonderful Thanksgiving and are going to have a fantastic Merry Christmas.
American Vet wrote:
It would seem the very first thing to do is to entirely remove the government from the student loan process.
I'm on board with that idea.
Canuckus Deploracus wrote:
Mostly paid for by the students... There are scholarships and loans available if necessary...
The costs are much lower... Average degree will run a person between $10,000 - $20,000...
This is what is said of our college tuition but I can tell you given what my son’s cost these numbers are not correct and certainly must be averaged out...
The average cost of tuition and fees at a ranked in-state public college is about 72% less than the average sticker price at a private college, at $9,687 for the 2020-2021 year compared with $35,087, respectively, U.S. News data shows.Sep 14, 2020...
My son’s annual cost is right at 30k but he also isn’t saddled with grants or loans either...Had he taken a grant it would have still been 23 to 25k...
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