Posted on 05/30/2013 4:36:15 PM PDT by Rio
43% of the people in Klamath need to just go over the Falls.
Nobody put a gun to their heads and forced them to sign. Truth is, to many kids pick a school like they are choosing a country club -- they want amenities, activities, parties, socializing...And a major sufficiently mindless so they have enough to time for the aforementioned things.
They give no thought to the bill, many of them, preferring to live the life-o'reilly while they can. Then the bill rolls in along with their useless degree and they have no job.
Naturally, being the soft irresponsible weaklings they are (if they had any sense to begin with, they wouldn't take out a loan they had no hope of repaying), they expect that "bro rules" will apply and its all good, the bill will be taken care of courtesy of...Us, the taxpayers!
Some Taxpayer is forced to fund the college education of some stranger just because the Government wants to buy the Yewt Vote (with YOUR money, of course).
The same crap is true of the Defaulted Mortgages, where you did what you had to do, and paid for your own home, and then the Government takes YOUR Tax money and pays someone else's mortgage with it.
People just do NOT understand that the Government HAS NO MONEY....it's Taxpayers' Earnings that are confiscated to buy votes, pay off political donors, or buy voting blocks with handouts.....that's the way it is in a Socialist Utopia that used to be America.
No!
When some Gen Yers get fiesty about Grandma being offed by the Death Panels, the progressives will offer up a nice helping of student loan forgiveness as salve....
Will I be able to get the amount I paid back refunded to me? Nope.
So, to answer your question....F**K NO!!!!
They went to college to get a degree in Woman’s Studies or Art History of SubSaharan Africa. Let ‘em find a job.
Well....mine should be.
That’s the reason student loans should never be forgiven. Student loans should not be subsidized in any way, and that would remove the incentive to overpay for college.
For the loans to be forgiven, the schools would have to refund the tuition paid.
For the loans to be taken over by others, people need to vote DNC.
I think the students who got these worthless educations should file a class action lawsuit against the institution for the repayment of the loan.
In manufacturing, if you put out a product and it is defective, you can return it for a refund.
Call it a warranty charge back.
Hmmm. What State University is situated in Klamath Falls, Oregon?
Why not then their grandkids can blame grandma and gramps because they can’t go to college, maybe they can home school them.
Yeah, because the alternative is a permanently wrecked economy because college loan grads who don’t get jobs immediately out the gate are doomed to indentured servitude.
They’ll never acquire property, and they’ll never have a stake in society, instead becoming part of a permanent underclass.
Two ways to do this:
1) require a payment as some %age of income for 10-15 years, at which point the loans are forgiven. we are already inching towards this system.
2) make the loans dischargeable in bankruptcy, but require that the educational institution guarantee some portion of the loan. that would make schools much more cautious about who they admit and how much they load up bodes into useless * studies departments who will have higher default rates than programs which produce employable students.
I read an article somewhere which indicated that the cost of private schools now sits around 50k per year. Students should become better informed about the reality of the cost of education relative to what they can reasonably earn from their majors in the job market. Even if one majors in computer engineering it will likely take the student much longer than ten years to pay off his or her debt. It’s hard to elucidate this to an incoming teenager who sees little in college other than spring break and frat parties.
“The reason I think they should be forgiven is because all they serve to do is pay inflated salaries to idiot “professors” who sit on their loony asses pontificating”
The major flaw in your logic is that the idiot professor has already been paid. Forgiving the loan does not make it go away, it just transfers the responsibility of paying the idiot professor away from the person who used his services to you.
Oregon IT
What about making the colleges responsible for the loans if they cannot show better than 75% hire rate in the profession of the student’s area of study within two years of graduation?
After all, they suckered the trolls into taking the classes.
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