Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

5 Reasons Making Taxpayers Pay Off Student Loans Is A Rotten Idea
The Federalist ^ | November 23, 2020 | Elizabeth Bauer

Posted on 11/23/2020 10:13:33 AM PST by Kaslin

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-47 next last

1 posted on 11/23/2020 10:13:33 AM PST by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Kaslin

I am all for it as long as it comes out of the endowments of the universities that harvested them for their student loans.


2 posted on 11/23/2020 10:14:22 AM PST by E. Pluribus Unum (You are in far more danger from an authoritarian government than you are from a seasonal virus.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Good point


3 posted on 11/23/2020 10:16:06 AM PST by Kaslin (Joe Biden will never be my President, and neither will Kamala Harris)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kaslin

Student loans have made it possible for colleges to inflate their tuitions out of all reason. If people had to pay cash, or take out regular bank loans, colleges would have to moderate their prices. Instead, you give a kid a blank check, and then he is saddled with debt he can’t pay for decades.


4 posted on 11/23/2020 10:19:22 AM PST by marron
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

Make the universities eat it.


5 posted on 11/23/2020 10:19:46 AM PST by Mr. Blond
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

Go three blocks down and ask whoever lives there to pay your mortgage.


6 posted on 11/23/2020 10:20:12 AM PST by blueunicorn6 ("A crack shot and a good dancer”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Colleges need skin in the game. Colleges need to 100% control the student loan industry. If someone wants to major in Lesbian Dance Theory, that’s fine — the college can give them a free ride for X number of years. Will the student ever pay them back? Probably not. But if the college is OK with that, then there is no problem. And to be clear: This should not be a “loan pool” where many colleges get together to share the risk. This should be Harvard funding Harvard students. It should be Denver College funding Denver College students. Keep all the action localized and encourage everyone at both ends to make smart decisions.


7 posted on 11/23/2020 10:20:27 AM PST by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kaslin

On the other hand, it is possible to make a deal. Someone I know who simply couldn’t pay, wound up with something like a $5 dollar a month payment automatically deducted. After a few years of it, he wound up with a far better credit score than mine, though he has no money.


8 posted on 11/23/2020 10:20:52 AM PST by marron
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

You can get your college paid by joining the military. If we pay off everyone’s loans, who didn’t join the military, that cheats the people who did it the right way.


9 posted on 11/23/2020 10:21:51 AM PST by marron
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

Photo:

I’ll be darned. The Dude still abides.

Also, I believe that guy is the next Secretary of the Treasury for Biden—you know, Joe, the guy who stole the presidential election? After we pay for the student loan scofflaws we will be lucky to win the battle to get to the daily returnable cans and bottles first after a good night’s sleep in our car/home near the best pickup gutters.


10 posted on 11/23/2020 10:22:48 AM PST by frank ballenger (End vote fraud harvesting,non-citizen voting & leftist media news censorship or we are finished.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. Blond

Exactly. If providing education is their calling, why do they want to be millionaires in the process? They extort students with an overvalued education price.

It’s ridiculous.

My children will only attend college on my dime after showing me their educational goals leading to post-grad employment. No “finding yourself” or “college experience.”


11 posted on 11/23/2020 10:22:50 AM PST by Nathan _in_Arkansas (Shut the deuce up!!! I'll do the fighting!!!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Kaslin

Common sense article that doesnt matter to the idiots out thier, they just want it gone doesnt matter who pays


12 posted on 11/23/2020 10:24:16 AM PST by ronnie raygun ( Massive mistakes are made by arrogant fools; massive evils are committed by evil people.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

And finally, I always like to say, the best education in the world is four years in the Navy, and a set of Harvard Classics ($300 from ebay).

As it turns out, you can get the entire set of Harvard Classics for $1.99 through Kindle. 73 volumes in all.

The military has the best tech schools in the world, combined with real world experience. And you get paid.


13 posted on 11/23/2020 10:24:54 AM PST by marron
[ Post Reply | Private Reply | To 1 | View Replies]

To: blueunicorn6

No kidding. Why does any journal or publication have to pose these reasons? Answer? As evidenced with this election, America has become an uneducated, ignorant morass.


14 posted on 11/23/2020 10:25:38 AM PST by Right Brother
[ Post Reply | Private Reply | To 6 | View Replies]

To: ClearCase_guy

Major in Lesbian Dance Theory....

Not as lucrative as Opposing Toxic Masculinity.

Professors in those topics will glide past us in their $70,000 cars on the way to the airport for two week luxury vacations in the Bahamas while we are struggling to pay taxes and reparations.

The mandatory salary lists of the University of Michigan had some in the $250,000 a year bracket-—lower than the athletic program coaches but still not exactly on welfare, either.


15 posted on 11/23/2020 10:28:29 AM PST by frank ballenger (End vote fraud harvesting,non-citizen voting & leftist media news censorship or we are finished.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Kaslin

Get ready for lots of bad ideas from the left.

The worst idea that I am seeing so far though are those among us here on FR who suddenly think it is a good idea to get angry about the Georgia senators and not support them.

That will teach them!

P.S. - both Georgia senators have called on the Sec of State to resign and both of them are NOT happy with the election mess in Georgia despite what the left-wing media (dailyfail for example) or the click-bait media (Gateway Pundit for example) tells you.


16 posted on 11/23/2020 10:30:37 AM PST by volunbeer (Find the truth and accept it - anything else is delusional)
[ Post Reply | Private Reply | To 1 | View Replies]

To: volunbeer
The worst idea that I am seeing so far though are those among us here on FR who suddenly think it is a good idea to get angry about the Georgia senators and not support them.

That's treasonous.

17 posted on 11/23/2020 10:31:26 AM PST by dfwgator (Endut! Hoch Hech!)
[ Post Reply | Private Reply | To 16 | View Replies]

To: marron

>>Student loans have made it possible for colleges to inflate their tuitions out of all reason<<

Tuition increases at 2X the rate of inflation (Google it - there are literally hundreds of references).

Govt student loans is exactly why.

IOW, because they can.

And people do not get “educations.” They get indoctrinations AND infantilizations.


18 posted on 11/23/2020 10:32:31 AM PST by freedumb2003 ("Do not mistake activity for achievement." - John Wooden)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Kaslin

Or, have the Universities forgive (refund) the debt and pay the Govt for their uselessness.


19 posted on 11/23/2020 10:37:06 AM PST by Blueflag
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. Blond

exactly


20 posted on 11/23/2020 10:37:22 AM PST by Blueflag
[ Post Reply | Private Reply | To 5 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-47 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson