any cons in suspended student loans debt?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don't think anyone - ANYONE should be able to borrow more than the cost of their state flagship school in debt. If you choose private, you need to be able to afford it.

+ 100[/quote
So basically privates will be only for the rich??

Private colleges play a humongous role in social mobility. We are socialized into the life we live. You’re subliminally saying you want a permanent underclass. Eff you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think anyone - ANYONE should be able to borrow more than the cost of their state flagship school in debt. If you choose private, you need to be able to afford it.

+ 100[/quote
So basically privates will be only for the rich??

Private colleges play a humongous role in social mobility. We are socialized into the life we live. You’re subliminally saying you want a permanent underclass. Eff you.

I think you're wrong. UPenn and Texas A&M rank towards the top of Fortune 500 CEOs.

https://www.usnews.com/education/best-colleges/articles/where-the-top-fortune-500-ceos-attended-college

[Anonymous]

Rather than talking about loan forgiveness, why aren't we talking more about the ridiculously high cost of a college degree in the US?

[Anonymous]

Anonymous wrote:Rather than talking about loan forgiveness, why aren't we talking more about the ridiculously high cost of a college degree in the US?

That one is simple. College used to be cheaper because you needed to qualify for loans, or pay out of pocket. Once anyone could get a loan regardless of qualifications (because of "fairness") then colleges could charge whatever they wanted. The same people that would have never qualified for a loan before are now wanting to be "forgiven". No big surprise

[Anonymous]

Anonymous wrote:Rather than talking about loan forgiveness, why aren't we talking more about the ridiculously high cost of a college degree in the US?

Because higher education is thoroughly dominated by liberal Democrats. Any reform to higher education hits a key Democratic constituency. Reforming higher education to make it more affordable comparable to universities outside the US would require drastically gutting the universities of their bloated bureaucracies, the endless deans and special affairs offices catering to every demographics and special needs, cancelling programs left and right, and shutting down a lot of degree programs that can't fund itself on a bare bones model. All which badly affects a key Democratic voting constituency.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Rather than talking about loan forgiveness, why aren't we talking more about the ridiculously high cost of a college degree in the US?

That one is simple. College used to be cheaper because you needed to qualify for loans, or pay out of pocket. Once anyone could get a loan regardless of qualifications (because of "fairness") then colleges could charge whatever they wanted. The same people that would have never qualified for a loan before are now wanting to be "forgiven". No big surprise

****Wow caste system alert****

[Anonymous]

Moral hazard??

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think anyone - ANYONE should be able to borrow more than the cost of their state flagship school in debt. If you choose private, you need to be able to afford it.

+ 100[/quote
So basically privates will be only for the rich??

Private colleges play a humongous role in social mobility. We are socialized into the life we live. You’re subliminally saying you want a permanent underclass. Eff you.

I think you're wrong. UPenn and Texas A&M rank towards the top of Fortune 500 CEOs.

https://www.usnews.com/education/best-colleges/articles/where-the-top-fortune-500-ceos-attended-college

I know it’s confusing but U Penn is one of our oldest universities. It’s Ivy League, expensive, and private. Donald Trump spent two years there. His daughter and Junior graduated from U Penn. Pennsylvania’s public flagship is Penn State.

[Anonymous]

Anonymous wrote:How about a middle ground. Pay back your loans but make it interest free. People should pay back what they take out, not pay back three times what they take out even when faithfully making monthly payments.

+1

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Rather than talking about loan forgiveness, why aren't we talking more about the ridiculously high cost of a college degree in the US?

That one is simple. College used to be cheaper because you needed to qualify for loans, or pay out of pocket. Once anyone could get a loan regardless of qualifications (because of "fairness") then colleges could charge whatever they wanted. The same people that would have never qualified for a loan before are now wanting to be "forgiven". No big surprise

****Wow caste system alert****

Colleges would be cheaper if the loans were never made easier, that’s a fact.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Rather than talking about loan forgiveness, why aren't we talking more about the ridiculously high cost of a college degree in the US?

That one is simple. College used to be cheaper because you needed to qualify for loans, or pay out of pocket. Once anyone could get a loan regardless of qualifications (because of "fairness") then colleges could charge whatever they wanted. The same people that would have never qualified for a loan before are now wanting to be "forgiven". No big surprise

****Wow caste system alert****

Colleges would be cheaper if the loans were never made easier, that’s a fact.

Exactly.

[Anonymous]

Anonymous wrote:I don't think anyone - ANYONE should be able to borrow more than the cost of their state flagship school in debt. If you choose private, you need to be able to afford it.

Stop spreading disinformation. LIFETIME MAX federal loan limit for traditional undergraduate students is $31,000. Stop using fake hypothetical students with $100K in loans for a bachelor's degree in art from a ritzy private college to push your narrative. $31K total in federal loans is all an undergraduate kid can take out. Public or private. $31,000 total, period. Source:

https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don't think anyone - ANYONE should be able to borrow more than the cost of their state flagship school in debt. If you choose private, you need to be able to afford it.

Stop spreading disinformation. LIFETIME MAX federal loan limit for traditional undergraduate students is $31,000. Stop using fake hypothetical students with $100K in loans for a bachelor's degree in art from a ritzy private college to push your narrative. $31K total in federal loans is all an undergraduate kid can take out. Public or private. $31,000 total, period. Source:

https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized

Progressives want Biden to forgive all student loans, including graduate student loans, which have no maximum borrowing limit. Many of the people with the highest amounts of student loan debt are doctors and lawyers who will benefit tremendously from student loan forgiveness despite earning much more than the average American.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think anyone - ANYONE should be able to borrow more than the cost of their state flagship school in debt. If you choose private, you need to be able to afford it.

Stop spreading disinformation. LIFETIME MAX federal loan limit for traditional undergraduate students is $31,000. Stop using fake hypothetical students with $100K in loans for a bachelor's degree in art from a ritzy private college to push your narrative. $31K total in federal loans is all an undergraduate kid can take out. Public or private. $31,000 total, period. Source:

https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized

Progressives want Biden to forgive all student loans, including graduate student loans, which have no maximum borrowing limit. Many of the people with the highest amounts of student loan debt are doctors and lawyers who will benefit tremendously from student loan forgiveness despite earning much more than the average American.

Why should my tax dollars go to young trial lawyers making $200k/year, surgeons making $350k/year, or MAs in art history making $75k/year?