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Student Debt Protests (1 Viewer)

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.
How do we pay for everyone to go to school for free?
The same way we pay for free healthcare and free Teslas. Tax the 1%.
:yes: https://www.youtube.com/watch?v=Zmji36q8E4o
That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.
I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.
The last few minutes are even better. She gets completely owned.
a news anchor was able to trip up a teenager on his TV show. sick burn.
Fair point. Teenagers are dumb. And so is her "movement".

 
And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.
How do we pay for everyone to go to school for free?
The same way we pay for free healthcare and free Teslas. Tax the 1%.
:yes: https://www.youtube.com/watch?v=Zmji36q8E4o
That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.
I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.
The last few minutes are even better. She gets completely owned.
a news anchor was able to trip up a teenager on his TV show. sick burn.
Fair point. Teenagers are dumb. And so is her "movement".
Her name isn't Kelly, it is Keili, pronounce "key-lee".

This sums it up.

 
And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.
How do we pay for everyone to go to school for free?
The same way we pay for free healthcare and free Teslas. Tax the 1%.
:yes: https://www.youtube.com/watch?v=Zmji36q8E4o
That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.
I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.
The last few minutes are even better. She gets completely owned.
a news anchor was able to trip up a teenager on his TV show. sick burn.
Fair point. Teenagers are dumb. And so is her "movement".
Her name isn't Kelly, it is Keili, pronounce "key-lee".

This sums it up.
Unless she named herself I don't really see your point.

 
If they can't afford college maybe they could join the military and earn the GI Bill or chose a job where they can work with their hands. Plumber, carpenter A/C, Electrician etc...
I REALLY wish we would push this more.

Such a sad stigma with this and even the comm college route

We have been brainwashed (and most of us still instill this in our youth) that if you don't go to college you are some sort of idiot failure.

I know the military might not be a very popular option for most, especially in times of conflict with the whole, you might die thing but what an amazing opportunity.

You live next door to a crackhouse and share a bedroom with 3 brothers and 2 uncles.

You just graduated HS with a 2.6 GPA and have no chance at affording college.

The military will house and feed you for a few years? Pay you? Give you benefits? You travel outside of your crappy hood and actually have a chance at not ending up working next door at the crackhouse?

Sign me up.

 
And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.
How do we pay for everyone to go to school for free?
The same way we pay for free healthcare and free Teslas. Tax the 1%.
:yes: https://www.youtube.com/watch?v=Zmji36q8E4o
That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.
I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.
The last few minutes are even better. She gets completely owned.
a news anchor was able to trip up a teenager on his TV show. sick burn.
It played like a SNL skit. They need a new face for their movement. News guy needs to clear his throat.

 
The last few minutes are even better. She gets completely owned.
a news anchor was able to trip up a teenager on his TV show. sick burn.
That was pretty much takeaway too. After that episode aired, Cavuto proceeded to win a 5K against crippled children and completely dominated a weightlifting contest at the local nursing home.
My first thought: This guy has seen way too many episodes of Newsroom.

 
I'm typiclly an Independent, but more and more I'm hating the left - Don't get me wrong, I hate the right as well, but who the #### do these entitled ####wads think they are?

1000's of students march across the country for free college

I mean really, #### off. Glad my kids will have a leg up on all these self entitled doucchebags.

A few hundred students rallied on the campus of the historically progressive University of California Berkeley, and posted placards on the outside of a class building showing their individual student debt loads, ranging from just several thousand dollars to more than $100,000.

Read more at Reutershttp://www.reuters.com/article/2015/11/13/us-usa-college-protests-idUSKCN0T116W20151113#iB2614VplCU3jkfU.99
Huge shocker here... Let me give you something for free, I'll call it advice; Go to a local junior college for 2 years, transfer into a state school, work while you do it, and you can have a four year degree with almost no debt when you graduate.

Oh, you want to go to Cal Berkley? Great, I want a $3.5M brownstone - I won't buy one because the mortgage will have me on suicide watch, so I'll look at something that fits my budget, you #######s should do the same.

:rantover: Good luck with life idiots. The more moron proof we make the world, the bigger the moron we create!
Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.
Good news everyone, now is the time to unload your dumbest possible comment.

If you've been saving them up, pretty hard to compete with this one.
This is rich coming from the board's Otis wanna-be.
 
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The last few minutes are even better. She gets completely owned.
a news anchor was able to trip up a teenager on his TV show. sick burn.
That was pretty much takeaway too. After that episode aired, Cavuto proceeded to win a 5K against crippled children and completely dominated a weightlifting contest at the local nursing home.
I agree with this... OTOH if these people want to protest and act like they know everything, then they need to get in the ring, and when they do it produces comedy like this video bc they have no clue what the they're talking about.

 
If they can't afford college maybe they could join the military and earn the GI Bill or chose a job where they can work with their hands. Plumber, carpenter A/C, Electrician etc...
I REALLY wish we would push this more.

Such a sad stigma with this and even the comm college route

We have been brainwashed (and most of us still instill this in our youth) that if you don't go to college you are some sort of idiot failure.

I know the military might not be a very popular option for most, especially in times of conflict with the whole, you might die thing but what an amazing opportunity.

You live next door to a crackhouse and share a bedroom with 3 brothers and 2 uncles.

You just graduated HS with a 2.6 GPA and have no chance at affording college.

The military will house and feed you for a few years? Pay you? Give you benefits? You travel outside of your crappy hood and actually have a chance at not ending up working next door at the crackhouse?

Sign me up.
Not to mention teach structure, responsibility and discipline. Useful tools.

 
If they can't afford college maybe they could join the military and earn the GI Bill or chose a job where they can work with their hands. Plumber, carpenter A/C, Electrician etc...
I REALLY wish we would push this more.

Such a sad stigma with this and even the comm college route

We have been brainwashed (and most of us still instill this in our youth) that if you don't go to college you are some sort of idiot failure.

I know the military might not be a very popular option for most, especially in times of conflict with the whole, you might die thing but what an amazing opportunity.

You live next door to a crackhouse and share a bedroom with 3 brothers and 2 uncles.

You just graduated HS with a 2.6 GPA and have no chance at affording college.

The military will house and feed you for a few years? Pay you? Give you benefits? You travel outside of your crappy hood and actually have a chance at not ending up working next door at the crackhouse?

Sign me up.
I talked to Gr8erjoe on the phone this year for about an hour learning about the US Coast Guard. I was hoping to entice my Mexican friend's 18-year old son (he has dual citizenship) to apply as he's pretty directionless right now. My god, after hanging up, I was ready to apply. Whole lotta benefits to working for the US Coast Guard. Joe's sons will have their college mostly paid for as long as they attend California state schools. That's an unbelievable perk.

 
I'm typiclly an Independent, but more and more I'm hating the left - Don't get me wrong, I hate the right as well, but who the #### do these entitled ####wads think they are?

1000's of students march across the country for free college

I mean really, #### off. Glad my kids will have a leg up on all these self entitled doucchebags.

A few hundred students rallied on the campus of the historically progressive University of California Berkeley, and posted placards on the outside of a class building showing their individual student debt loads, ranging from just several thousand dollars to more than $100,000.

Read more at Reutershttp://www.reuters.com/article/2015/11/13/us-usa-college-protests-idUSKCN0T116W20151113#iB2614VplCU3jkfU.99
Huge shocker here... Let me give you something for free, I'll call it advice; Go to a local junior college for 2 years, transfer into a state school, work while you do it, and you can have a four year degree with almost no debt when you graduate.

Oh, you want to go to Cal Berkley? Great, I want a $3.5M brownstone - I won't buy one because the mortgage will have me on suicide watch, so I'll look at something that fits my budget, you #######s should do the same.

:rantover: Good luck with life idiots. The more moron proof we make the world, the bigger the moron we create!
Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.
Good news everyone, now is the time to unload your dumbest possible comment.

If you've been saving them up, pretty hard to compete with this one.
This is rich coming from the board's Otis wanna-be.
Congratulations, here is your degree from Rutgers and an application for burger flipper at McDowells.

 
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Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.
There are plenty of parents that are capable of saving for their children's education. But they spend that money on other things such as overly expensive cars and homes. That contributes to their children needing more student loans. I know a guy that complains daily about paying for his kid to go to college. This guy drives a $60K car and buys the latest and greatest gadget as soon as it comes out. Buy a $30K car and use the other $30K to send your kid to school.

What's wrong with being rich? Don't we all work or run businesses to make money to provide for ourselves and our family?
That's your reasoning? People should stop driving 60k cars and save that money for their kids? Sounds like you live in a different area than me.
It's an example. One that applies to many people because Americans love to live above their means. But they don't view it that way. They want other people to pay for things like their children's education because they are living above their means. Of course that doesn't apply to everyone but how do you apply it fairly?

You want a smaller example? Parents can save 100-200 bucks a month when they have a child and it will add up over the course of 18 years. That requires a couple fewer trips to the golf course, the bar, Applebees, or other fun things. Personal decisions each parent has to make for their family.

 
C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.

 
C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.
Who said there weren't. There's even more people holding onto only a BA degree from a state school that are fortunate to be making 14/hour.

 
I talked to Gr8erjoe on the phone this year for about an hour learning about the US Coast Guard. I was hoping to entice my Mexican friend's 18-year old son (he has dual citizenship) to apply as he's pretty directionless right now. My god, after hanging up, I was ready to apply. Whole lotta benefits to working for the US Coast Guard. Joe's sons will have their college mostly paid for as long as they attend California state schools. That's an unbelievable perk.
Not to mention many folks that end up in skill positions in the military often translate VERY well to the civillian workplace. Generally develop a great work ethic and are well trained. I have several friends who left military gigs and got some pretty kush jobs in their field as a result of experience.

 
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C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.
Who said there weren't. There's even more people holding onto only a BA degree from a state school that are fortunate to be making 14/hour.
There are, but that's the nature of the beast in 2015. The piece of paper doesn't guarantee you success, and one could probably argue that there are far too many people graduating with degrees in topics that don't lead to a fruitful area of the job market. That's a problem at both public and private universities. We should probably be doing a better job of making teenagers aware of this. We have spent years pushing folks to pursue their "passion" in school, but sometimes the passion doesn't line up with gainful employment.

The fact this is happening doesn't make the state school degree worthless.

 
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Huge shocker here... Let me give you something for free, I'll call it advice; Go to a local junior college for 2 years, transfer into a state school, work while you do it, and you can have a four year degree with almost no debt when you graduate.

Oh, you want to go to Cal Berkley? Great, I want a $3.5M brownstone - I won't buy one because the mortgage will have me on suicide watch, so I'll look at something that fits my budget, you #######s should do the same.
In-state tuition at Berkeley is under $14k a year.

 
Huge shocker here... Let me give you something for free, I'll call it advice; Go to a local junior college for 2 years, transfer into a state school, work while you do it, and you can have a four year degree with almost no debt when you graduate.

Oh, you want to go to Cal Berkley? Great, I want a $3.5M brownstone - I won't buy one because the mortgage will have me on suicide watch, so I'll look at something that fits my budget, you #######s should do the same.
In-state tuition at Berkeley is under $14k a year.
 
Huge shocker here... Let me give you something for free, I'll call it advice; Go to a local junior college for 2 years, transfer into a state school, work while you do it, and you can have a four year degree with almost no debt when you graduate.

Oh, you want to go to Cal Berkley? Great, I want a $3.5M brownstone - I won't buy one because the mortgage will have me on suicide watch, so I'll look at something that fits my budget, you #######s should do the same.
In-state tuition at Berkeley is under $14k a year.
 
C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.
Who said there weren't. There's even more people holding onto only a BA degree from a state school that are fortunate to be making 14/hour.
Your comment 40 minutes ago implied this:

Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.
 
Instate tuition at all cal schools used to be basically community college rates. I think current students have a right to complain that they are not getting same deal past generations got

 
Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.
There are plenty of parents that are capable of saving for their children's education. But they spend that money on other things such as overly expensive cars and homes. That contributes to their children needing more student loans. I know a guy that complains daily about paying for his kid to go to college. This guy drives a $60K car and buys the latest and greatest gadget as soon as it comes out. Buy a $30K car and use the other $30K to send your kid to school.

What's wrong with being rich? Don't we all work or run businesses to make money to provide for ourselves and our family?
That's your reasoning? People should stop driving 60k cars and save that money for their kids? Sounds like you live in a different area than me.
The biggest increases in Federally sponsored student debt over the past 10-20 years are from the affluent and near-affluent categories. So what he is saying isn't purely anecdotal.
Kids shouldn't be punished because their parents are selfish #######s.

 
My two issues:

1) Student debt cannot be discharged in bankruptcy. We offer an out to anyone else who finds themselves in untenable financial situations. We've granted student loan debt immunity for some odd reason due to lobbying from lenders.

2) Federal student loan interest rates are much higher than loans from other sources. I owe Citibank 30K at 4% and the Feds 67K at 6.8%. Federal consolidation would increase this rate. Because of my debt load I cannot private consolidate. The juice I pay the Feds is much higher than what I'm paying to a private lender. Why is the government in the business of making money off of loans to students? If the concept behind government funded education is that a better educated workforce is a private good, why are the government interest rates so high?

ETA: I'm currently dealing with a lawsuit from the insurer of the Citibank loan because Citi sold off a loan that had never had a late reported to the credit bureaus. Debt load is from law school which I had to withdraw from after a MVA left me on crutches for six months. Discharged the medical debts (I had car insurance, I didn't timely file forms with Geico because I was in a morphine fog, the hospital came after me and I took a Chapter 7 in 2010). Twenty years ago, the student loan debts would be discharged as well.

 
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Instate tuition at all cal schools used to be basically community college rates. I think current students have a right to complain that they are not getting same deal past generations got
The State of Washington just enacted tuition reductions at the state's public universities over the next two years.

It took a major budget fight to get that passed. One side wanted to enact these tuition roll-backs and the other wanted to take that money, plus a bunch of additional taxes, and spend it on a bunch of other stuff.

 
Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.
There are plenty of parents that are capable of saving for their children's education. But they spend that money on other things such as overly expensive cars and homes. That contributes to their children needing more student loans. I know a guy that complains daily about paying for his kid to go to college. This guy drives a $60K car and buys the latest and greatest gadget as soon as it comes out. Buy a $30K car and use the other $30K to send your kid to school.

What's wrong with being rich? Don't we all work or run businesses to make money to provide for ourselves and our family?
That's your reasoning? People should stop driving 60k cars and save that money for their kids? Sounds like you live in a different area than me.
The biggest increases in Federally sponsored student debt over the past 10-20 years are from the affluent and near-affluent categories. So what he is saying isn't purely anecdotal.
Kids shouldn't be punished because their parents are selfish #######s.
In what world is providing federally sponsored loans "punishing" anybody?

 
C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.
Who said there weren't. There's even more people holding onto only a BA degree from a state school that are fortunate to be making 14/hour.
Your comment 40 minutes ago implied this:

Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.
Generally just getting a BA degree from a mediocre school isn't getting you very far anymore. It's too competitive out there. Sorry you live in this weird bubble but if a hiring committee is quickly looking at a piece of paper to evaluate candidates, they are often assigning more points to somebody with an advanced degree or an undergrad from a superior school. :shrug: If you don't think that's the case, then ok.

 
C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.
Who said there weren't. There's even more people holding onto only a BA degree from a state school that are fortunate to be making 14/hour.
Your comment 40 minutes ago implied this:

Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.
Generally just getting a BA degree from a mediocre school isn't getting you very far anymore. It's too competitive out there. Sorry you live in this weird bubble but if a hiring committee is quickly looking at a piece of paper to evaluate candidates, they are often assigning more points to somebody with an advanced degree or an undergrad from a superior school. :shrug: If you don't think that's the case, then ok.
:no:

 
My two issues:

1) Student debt cannot be discharged in bankruptcy. We offer an out to anyone else who finds themselves in untenable financial situations. We've granted student loan debt immunity for some odd reason due to lobbying from lenders.

2) Federal student loan interest rates are much higher than loans from other sources. I owe Citibank 30K at 4% and the Feds 67K at 6.8%. Federal consolidation would increase this rate. Because of my debt load I cannot private consolidate. The juice I pay the Feds is much higher than what I'm paying to a private lender. Why is the government in the business of making money off of loans to students? If the concept behind government funded education is that a better educated workforce is a private good, why are the government interest rates so high?
Here is my understanding of these two issues:

1) Most other kinds of debt are backed by collateral and/or are provided on the basis of credit-worthiness. Federally sponsored student debt is neither. And allowing personal bankruptcy to discharge student debt would set up some very perverse incentives.

2) Citibank can say "no". Citibank is a private lender that gets to make a lending decision based on its own criteria. Federally sponsored debt is pretty much available to anybody who wants it. It is then packaged up and sold off to investors. It is pretty crappy debt, in terms of the default rate, so of course it is going to have a high interest rate to account for all of the defaults.

 
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C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.
Who said there weren't. There's even more people holding onto only a BA degree from a state school that are fortunate to be making 14/hour.
Your comment 40 minutes ago implied this:

Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.
Generally just getting a BA degree from a mediocre school isn't getting you very far anymore. It's too competitive out there. Sorry you live in this weird bubble but if a hiring committee is quickly looking at a piece of paper to evaluate candidates, they are often assigning more points to somebody with an advanced degree or an undergrad from a superior school. :shrug: If you don't think that's the case, then ok.
:no:
:lmao: ok.

 
C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.
Who said there weren't. There's even more people holding onto only a BA degree from a state school that are fortunate to be making 14/hour.
Your comment 40 minutes ago implied this:

Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.
Generally just getting a BA degree from a mediocre school isn't getting you very far anymore. It's too competitive out there. Sorry you live in this weird bubble but if a hiring committee is quickly looking at a piece of paper to evaluate candidates, they are often assigning more points to somebody with an advanced degree or an undergrad from a superior school. :shrug: If you don't think that's the case, then ok.
The only point I would concede; directly out of school for a youngster, an Ivy League degree will carry more weight than a Rutgers or SUNY degree. As someone develops their professional career, their accomplishments start to outshine the diploma.

 
I'm glad you're willing to concede a degree from Harvard is worth more than one from SUNY - Long Island. Big of you.

 
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I'm more and more convinced if my kids can read and write full sentences and follow logic, know how to work hard and earn their way, avoid consumer debt and respect their employers they will easily beat out most of their peers.
I don't think this was ever in doubt. You have to work hard, communicate, get along with others etc to be successful. I'll always hire a scrapper, many times from a lesser school, over someone who comes off as entitled in interviews from more "prestigious" schools.

That being said, there are ways to do both. Those kids with $100K in debt at UC Berkley could have gone to a next to free Junior college for their core classes. If in state the tuition isn't that much - it's the other costs they need to control. Just have to make smart decisions.

 
My two issues:

1) Student debt cannot be discharged in bankruptcy. We offer an out to anyone else who finds themselves in untenable financial situations. We've granted student loan debt immunity for some odd reason due to lobbying from lenders.

2) Federal student loan interest rates are much higher than loans from other sources. I owe Citibank 30K at 4% and the Feds 67K at 6.8%. Federal consolidation would increase this rate. Because of my debt load I cannot private consolidate. The juice I pay the Feds is much higher than what I'm paying to a private lender. Why is the government in the business of making money off of loans to students? If the concept behind government funded education is that a better educated workforce is a private good, why are the government interest rates so high?
Here is my understanding of these two issues:

1) Most other kinds of debt are backed by collateral and/or are provided on the basis of credit-worthiness. Federally sponsored student debt is neither. And allowing personal bankruptcy to discharge student debt would set up some very perverse incentives.

2) Citibank can say "no". Citibank is a private lender that gets to make a lending decision based on its own criteria. Federally sponsored debt is pretty much available to anybody who wants it. It is then packaged up and sold off to investors. It is pretty crappy debt, in terms of the default rate, so of course it is going to have a high interest rate to account for all of the defaults.
1) Up to 1976 all student loan debt was dischargable. 1976 saw the first restriction, where federal debt had to be more than 5 years old. In 1990, the Feds went from 5 to 7 and in 1998, no discharge was possible without an extreme hardship showing. Private student loan debt was granted same protection in 2005. The exclusion of student loan debt only is relatively recent and quite recent for private lenders.

2) The fact that student loan debt follows you hurts your default argument. Even with high default rates, there's no way to escape student loan debt, especially federal. Wages are garnished, tax returns are seized and once someone is in default a lot of the forgiveness options are off the table. You can't claim we need high interest rates to protect from deadbeat debtors, but also have the debt protected where there is no way to escape it. This isn't credit card debt which gets sold for pennies on the dollar. Because collection efforts never have to stop (no statute of limitations) there's no bad debt, with the exception of completely judgment-proof individuals.

 
My two issues:

1) Student debt cannot be discharged in bankruptcy.
I agree that this is ridiculous. Fix that, and the student loan problem -- to the degree that it's a problem at all -- goes away almost instantly.
Sarcasm here, right? :oldunsure:

Edit: Or is your argument that making it dischargeable will eventually tighten the supply of money available to students?

 
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Instate tuition at all cal schools used to be basically community college rates. I think current students have a right to complain that they are not getting same deal past generations got
The State of Washington just enacted tuition reductions at the state's public universities over the next two years.

It took a major budget fight to get that passed. One side wanted to enact these tuition roll-backs and the other wanted to take that money, plus a bunch of additional taxes, and spend it on a bunch of other stuff. [/quote

I think this is what students are looking for foolish not to self advocate
 
Huge shocker here... Let me give you something for free, I'll call it advice; Go to a local junior college for 2 years, transfer into a state school, work while you do it, and you can have a four year degree with almost no debt when you graduate.

Oh, you want to go to Cal Berkley? Great, I want a $3.5M brownstone - I won't buy one because the mortgage will have me on suicide watch, so I'll look at something that fits my budget, you #######s should do the same.
In-state tuition at Berkeley is under $14k a year.
Yep, but tackle on books, dorm or apartment, food, living expense and you are well over $30K. I know, had 3 in college at the same time. Last one is graduating from UC Santa Barbara in June. Light at the end of tunnel. No debt!

 
RedmondLonghorn, on 13 Nov 2015 - 2:21 PM, said:
Fennis, on 13 Nov 2015 - 2:18 PM, said:
Ookie Pringle, on 13 Nov 2015 - 2:09 PM, said:
jb1020, on 13 Nov 2015 - 2:08 PM, said:
Ookie Pringle, on 13 Nov 2015 - 2:00 PM, said:
humpback, on 13 Nov 2015 - 1:11 PM, said:
jonessed, on 13 Nov 2015 - 11:14 AM, said:
Ramblin Wreck, on 13 Nov 2015 - 11:07 AM, said:
NCCommish, on 13 Nov 2015 - 11:02 AM, said:And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.
How do we pay for everyone to go to school for free?
The same way we pay for free healthcare and free Teslas. Tax the 1%.
:yes: https://www.youtube.com/watch?v=Zmji36q8E4o
That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.
I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.
The last few minutes are even better. She gets completely owned.
a news anchor was able to trip up a teenager on his TV show. sick burn.
Fair point. Teenagers are dumb. And so is her "movement".
She wanted to be on the show. I think Cavuto felt a little sorry for how stupid she sounded because he could have really hammered her.

 
And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.
How do we pay for everyone to go to school for free?
The same way we pay for free healthcare and free Teslas. Tax the 1%.
:yes: https://www.youtube.com/watch?v=Zmji36q8E4o
That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.
I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.
The last few minutes are even better. She gets completely owned.
a news anchor was able to trip up a teenager on his TV show. sick burn.
She shouldn't have left her safe place.

 
C'mon Cappy, you're better than that degree comment. Driven, successful people come from all walks of life and attend all sorts of universities to get there.
Who said there weren't. There's even more people holding onto only a BA degree from a state school that are fortunate to be making 14/hour.
Your comment 40 minutes ago implied this:

Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.
Generally just getting a BA degree from a mediocre school isn't getting you very far anymore. It's too competitive out there. Sorry you live in this weird bubble but if a hiring committee is quickly looking at a piece of paper to evaluate candidates, they are often assigning more points to somebody with an advanced degree or an undergrad from a superior school. :shrug: If you don't think that's the case, then ok.
BS. I'm not saying you don't have an advantage from going to a better school, but the advantage isn't nearly as great as you make it out to be. You can be very successful with a degree from a state school. Your $14/hr comment earlier would really only apply to people who are unmotivated, lazy, or majored in something dumb like philosophy, history, etc.

And when you're 40 and your career is rocking and rolling, most employers will focus on you as a worker and your past work experience.....not where you went to school.

 
My two issues:

1) Student debt cannot be discharged in bankruptcy.
I agree that this is ridiculous. Fix that, and the student loan problem -- to the degree that it's a problem at all -- goes away almost instantly.
Sarcasm here, right? :oldunsure:

Edit: Or is your argument that making it dischargeable will eventually tighten the supply of money available to students?
It likely would tighten money available, but what changing the bankruptcy laws does is allow delinquent debtors to settle their accounts.

Student loan debt is not settled as credit card, mortgage or other consumer debt is. Because discharge is not an option and because there is no statute of limitations, there is zero incentive on the part of the lenders to ever negotiate debt amounts.

This is where you hear stories of folks who owed 10K discovering they owe 30K after collection amounts are tacked on. The debt load climbs because there are no checks on the consumer side.

 
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