Posted on 11/18/2020 6:14:52 AM PST by WTanner1776
As with pretty much all problems, more government is not the solution. The Big Government solution of forgiving student loans would just create more problems. Forgiving student loans is unfair; it rewards bad behavior and punishes good behavior. Forgiving student loans is impractical; it would be too expensive and there are too many questions that would have to be answered. And, most of all, forgiving student loans is just a bad idea. There are better solutions.
The left will always clamor for more government. Especially in cases like this one where the problems are a lack of responsibility or leftist institutions doing a bad job.
But don’t be drawn in by the left’s siren song of forgiving student loans. If you’re struggling under a burdensome debt load, the idea of student loan forgiveness might sound nice. You’d be freed from that debt, after all. But that policy would punish responsible people, bloat the government, do nothing to solve the real problem, which is skyrocketing costs, and place the entire country under the same debt load (because of the likely increase in the size of the federal debt).
So don’t support Biden’s attempt to create a program that would start in forgiving student loans. All that program would do is make education even more expensive and make the American populace even more irresponsible. Instead of pushing for the government to start forgiving student loans, attack the root of the problem, and demand your college or university get rid of all the useless things it spends money on.
(Excerpt) Read more at genzconservative.com ...
Out gvt is a cash flow manager, not a profit manager.
The money on the student loans as already been spent.
WELCOME to FREE REPUBLIC
Why don’t some of these “progressive” overpriced universities refund tuition to their students? They’re the ones that benefited from the loans.
I think if you told some 18-year old that X-degree (once achieved) would amount to $35k a year for the first 8 years, and never go beyond $50k for the remaining years of employment...they’d add up the numbers and discover that they can’t pay more than $40k for the degree.
We just aren’t being honest to these naïve ‘idiots’.
Same way for idiots who pay out-of-state tuition costs (20-percent more than their home-state).
If they are that stupid....why even bother attending college?
Let the universities fund any of these forgivable loans and force them to lower tuition by 50%
Fact is, and I’m an old guy my grand pop always invested in fannie, fredie and sallie. They were always good reliable investments, until the gov gave everything away. Today I dont trust the gov for sheet
What other debt cannot be discharged in bankruptcy?
Taxes. I think that is the other one.
NJ public college system stinks except Rutgers. NJ pays students to go to out of state schools like SUNY in NY. Since they are charged out of state rates, they take up seats of NY students.
I think a good start would be to kill every HR person in corporations, and burn all HR documents. Let intelligent managers hire who they desire.
How about reduce the interest rate on existing student loans????
It’s actually not a bad idea.
Forgive student loans for students STUPID enough to go into software engineering or computer science.
Paid for by a huge tax on any company that uses H-B scum from India.
I like the way you think. I’m gonna be watching you.
L
There is nothing more to add on the subject after reading the Babylon Bee’s take on it; they nail it:
Private property rights in the US are certainly not where they should be. (IMHO)
What do you think the fix to the issue is?
Since in my field it’s mainly Indian manager scum in charge of hiring, no thank you.
They really don't need to pretend with any of this BS anymore.
IT?
H1-B’s need to be thrown out as well.
There’s a ton of Indians(non American) all around the Philly area.
BS resumes from overseas keeping wages down for real Americans.
Every HR person I’ve ever had the displeasure of interacting with is two sigma to the left of the IQ Gaussian distribution.
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