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Forgive Student Loans? (93% of Wall Street Protesters Surveyed Want Student Load Forgiveness)
National Review ^ | 10/11/2011 | Richard Vedder

Posted on 10/11/2011 8:18:53 AM PDT by SeekAndFind

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To: Oceander
I think you are wrong. A student loan isn't something someone has to have - they chose to. They chose to go to school instead of another path. It is a luxury.

And it is simple to almost go for free - don't begin college right after high school - work for a few years, move out - get a subsidy for housing, possibly food stamps and qualify for a pell grant and other need based scholarships. If that fails, claim you can't find a job and apply for "Income Based Repayment" - you can work as a community organizer and pay as little as $50 a month on your $150,000 loan and it is considered repaid in full after 20 years. In other words, you and I are giving them almost a completely free ride and they are still whining.

21 posted on 10/11/2011 8:34:59 AM PDT by WhyisaTexasgirlinPA
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To: SeekAndFind

I guess I was stupid to find a job, work hard and pay my student loans back.

I hope these whiners get a dose of reality soon.


22 posted on 10/11/2011 8:36:42 AM PDT by Gabrial
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To: MetaThought
Universities are horribly overpriced, and student loans are largely responsible.

these morons should be protesting against "big eductaion" - there is no legitimate corporation that could of scammed them into taking out 6-figure loans for semi-worthless degrees.

23 posted on 10/11/2011 8:37:00 AM PDT by ghost of nixon
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To: rightwingintelligentsia
Exactly right. You students were sold an inferior product at a premium price for which there is no market. This is a classic case of fraud and deceptive practices, I'd say.

The problem is that those that are the most harmed are too stupid to realize what has happened to them. They wander about like huge grass-eating dinosaurs, navel-gazing mindlessly. And like the multi-ton, 80-foot herbivore Brontosaurus, they have brains the size of walnuts. They are so dumb that, even when the body experiences physical death, it takes 20 minutes for the walnut sized brain to realize it.

24 posted on 10/11/2011 8:37:14 AM PDT by MasterGunner01 (To err is human; to forgive is not our policy. -- SEAL Team SIX)
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To: rightwingintelligentsia
I think they should take up their grievances with the Universities and Colleges that gave them overpriced, worthless degrees.

I would also take to task the ineptness (or outright predatory malpractices) of the academic advisors that gleefully allow student to burden themselves with debt for majors they are not suited for or even if they could be the best in their field they'd never find any jobs, 'green' comes to mind.

25 posted on 10/11/2011 8:37:34 AM PDT by Calusa (The pump don't work cause the vandals took the handles. Quoth Bob Dylan.)
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To: SeekAndFind
Yes, this is an absurd demand.

But on the other hand many trillions have been handed out to people, companies, and even foreign central banks who are equally undeserving of the money.

The likes of Henry Paulson, Ben Bernake, and Timothy Geitner are still in their jobs sitting pretty, while knowing full well they've put us in a mighty bad position. Is that ethical? Is that proper? I think not.

None of this should have been done in the first place - but since it has, on what basis will the gov’t say ‘no’?

26 posted on 10/11/2011 8:37:43 AM PDT by MichaelCorleone (Doesn't anyone love liberty anymore?)
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To: cripplecreek

And not one person was forced to buy a house at the peak of the bubble. Yet many people did, and now there’s a big problem, regardless of whether it was a good idea to begin with.


27 posted on 10/11/2011 8:38:03 AM PDT by MetaThought
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To: SeekAndFind
Here we go again: OBAMA MONEY....FROM HIS STASH (see tagline)

These clueless asses somehow figure they are ENTITLED to other people's money, and it should be HANDED TO THEM, just for showing up.

NO ONE forced them to go to school if they couldn't afford it, Major in "Diversity Studies", or "Minority Feminine Studies", or "Marxism for Fun and Profit" studies......Liberal-indoctrinated parasites do NOT represent Americans.

28 posted on 10/11/2011 8:38:14 AM PDT by traditional1 ("Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: PGR88

In China, they have to pay “donations” to attend the free university??? Oh my gosh........Is Chairman Mao turning in his grave?????? This is happening in a worker’s paradise??????????


29 posted on 10/11/2011 8:38:26 AM PDT by Dilbert San Diego
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To: Jim Scott

I know it’s a novel concept, but I got through college by working summers at the mill.

Got through graduate school on the GI bill.

Maybe they should try that route instead!


30 posted on 10/11/2011 8:39:28 AM PDT by catman67
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To: Oceander
If nothing else, the demand for student loan forgiveness is a rather comic unintended consequence of bailing out the banking sector and two of the three domestic auto makers.

Rather naturally, individuals begin asking where their bail outs are for bad decisions, or even decisions that looked good at the time of better general economic conditions, and since public funds were being used to save executives and political donors from the actual consequences of their mistakes, they too look for "theirs."

I am not saying the fleabags are right, only that this harebrained sentiment of theirs is rooted in seeing the "painless" and intellectually bankrupt sector wide bailouts of 2008-2009.
31 posted on 10/11/2011 8:40:36 AM PDT by Goldsborough
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To: SeekAndFind

Why do you think Obama took over and put the Feds in direct control of student loans?

If next September comes and he is down double-digits in the polls, I guaran-damed-tee you that he’ll float a Student Loan Forgiveness scheme and the young skulls o’ mush will come flocking to the ballot boxes for him.


32 posted on 10/11/2011 8:42:38 AM PDT by Buckeye McFrog
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To: SeekAndFind

Student loans should be abolished

The worst thing to happen to higher education PERIOD

All they did was allow colleges to jack up tuitions far above inflation rates and expand by offering BS courses that do NOTHING to prepare for any kind of job


33 posted on 10/11/2011 8:43:16 AM PDT by uncbob
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To: SeekAndFind
Instead of protesting student loans my kids are going to community colleges on scholarships and part-time jobs and to top it off their stupid parents will have their mortgage paid off in two years on a house that they could afford the payments on. Just call us the dummies on the block.
34 posted on 10/11/2011 8:43:31 AM PDT by ladyvet ( I would rather have Incitatus then the asses that are in congress today.)
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To: Gabrial

Same here. I paid on `em for about ten years, balance never seemed to budge, so I took out a home equity loan and finally paid them off.
Most of these kids can write off the interest, thanks to President Beelzebubba—if they had the income, which they don’t because they’re screwing off at demonstrations!
I had a long series of low-paying, dirty, menial jobs for many years. I have no sympathy for these kids. Nothing worthwhile is ever given to you, as they seem to think.
“Get a job you young hobos!” Grandpa Simpson
Rant ............. over


35 posted on 10/11/2011 8:43:31 AM PDT by tumblindice (Don't Tread On Me)
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To: scooby321

American would be a lot better off with a lot less college graduates of the wrong kind. We need more hard sciences and less liberal arts.

We’re pumping out attorneys, social workers and teachers at an astounding rate and they all want top dollar as they promote making even more copies of themselves.

A couple weeks back I saw a social worker on the news complaining that the poor were being cleansed from Michigan and if it keeps up she’ll lose her job. If little miss social worker really cared about the poor, she would look forward to the day when she could walk away from her job.


36 posted on 10/11/2011 8:44:30 AM PDT by cripplecreek (ALCS/NLCS playoff thread http://www.freerepublic.com/focus/f-chat/2789907/posts)
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To: ladyvet

true to the Steven Lerner/Cloward and Piven plan, they are organizing a student debt cartel.

http://www.forgivestudentloandebt.com/node


37 posted on 10/11/2011 8:46:44 AM PDT by Buckeye McFrog
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To: SeekAndFind

I don’t suppose any of the idiots would consider the Military College Loan Repayment Program. Because then they would have to work for a living.


38 posted on 10/11/2011 8:46:57 AM PDT by Bob Buchholz
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To: Buckeye McFrog

This was a planned organizing technique of Democrat Party.

In WA state the Democrat legislators went further, they made tuition increases and budget cuts, the job of the individual institutions, insulating the Democrats who are in control, from the fall out, claiming that the Republicans have tied their hands by requiring a voter referendum for tax increases.


39 posted on 10/11/2011 8:47:04 AM PDT by Eva
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To: SeekAndFind

We need to get past the idea that “everyone” needs to attend college. That’s one reason we have dopes with $50k in student loans with a degree in “Gender Studies”.


40 posted on 10/11/2011 8:47:58 AM PDT by PogySailor (Obama is a SCOAMF)
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