BBB Bill limits federal aid to 20k

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.


No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.



No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.

You’re wrong.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.



No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.

You’re wrong.


No, we should be sending kids to the college that helps them learn the most in the area they will be most productive. A system that would send a potential talented physicist to part time classes at Eastern State to become an accountant - maybe a college they can afford and a career outcome that is “fine” - isn’t the ideal.

Education is extremely important, worth paying for to make sure everyone gets the best of and shouldn’t be reduced to “well, my degree isn’t good but at least I can afford it”
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.



No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.

You’re wrong.


Affordability should absolutely be at the top of the list. But, you do you, I guess. I’m happy living life with no student loan debt even if I went to the “wrong” public college. Whatever that is.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.



No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.

You’re wrong.


Affordability should absolutely be at the top of the list. But, you do you, I guess. I’m happy living life with no student loan debt even if I went to the “wrong” public college. Whatever that is.


That’s nice. If people want to settle they can but it’s not good when some people can’t go to the right place because of money.

Anonymous
In state public or you chase merit aid.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.



No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.

You’re wrong.


Affordability should absolutely be at the top of the list. But, you do you, I guess. I’m happy living life with no student loan debt even if I went to the “wrong” public college. Whatever that is.


That’s nice. If people want to settle they can but it’s not good when some people can’t go to the right place because of money.


There are 4000 colleges in the US. I’m sure you can find just one the is a good fit AND you can afford it.
Anonymous
Don’t take loans for undergrad. That’s a terrible idea.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.



No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.

You’re wrong.


Affordability should absolutely be at the top of the list. But, you do you, I guess. I’m happy living life with no student loan debt even if I went to the “wrong” public college. Whatever that is.


That’s nice. If people want to settle they can but it’s not good when some people can’t go to the right place because of money.


There are 4000 colleges in the US. I’m sure you can find just one the is a good fit AND you can afford it.


Why do you get to decide? Why not have a system that fairly tries to get the best students to the best places for them to learn?
Anonymous
I have never heard of anyone taking out that much in loans for undergrad. If it is a good school, they will offer you assistance from their financial aid budget that will meet your need. if the school is not that good and has no money for aid, why are you choosing it over a public option?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.


No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.





Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


I 100% agree. I'm as anti-Trump as they get. But people need to be fiscally responsible. There are plenty of great schools you can go to without taking out a lot of debt. Sorry Ivies are out of the consideration set. I wish I could live on Park Avenue and drive a Ferrari but I can't.

I generally was supportive of Biden but I thought his whole loan forgiveness plan was a nightmare. Doing a one time forgiveness was dumb and bad policy. The goal should have been figuring out ways to reform the whole system. Create more loan forgiveness programs for teachers, nurses, etc. Try to lower interest rates. Don't just throw a lot of money at people who are in the right place at the right time. Just paid off your loans? Stinks to be you. Just about to start taking out loans? Also stinks to be you.
Anonymous
Anonymous wrote:I just saw this that the annual limit is 20k per year and total is 65k for undergrad?


So if my kid goes to a private school that costs 75k and we get no or very little grants, how do we pay the remaining 55k? Private loans? We are a middle class family that probably won’t qualify for too much need based tuition assistance.



If you are real middle class you choose a school you can afford. That sounds perfectly reasonable.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.


No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Republicans refuse to allow any movement on reforming the system. It was him doing what he could. Sucks that some people missed out on it, but it was more than anyone else was wiling to do.

People should not take out loans, but education should not cost as much as it does. The government should help with that.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


I 100% agree. I'm as anti-Trump as they get. But people need to be fiscally responsible. There are plenty of great schools you can go to without taking out a lot of debt. Sorry Ivies are out of the consideration set. I wish I could live on Park Avenue and drive a Ferrari but I can't.

I generally was supportive of Biden but I thought his whole loan forgiveness plan was a nightmare. Doing a one time forgiveness was dumb and bad policy. The goal should have been figuring out ways to reform the whole system. Create more loan forgiveness programs for teachers, nurses, etc. Try to lower interest rates. Don't just throw a lot of money at people who are in the right place at the right time. Just paid off your loans? Stinks to be you. Just about to start taking out loans? Also stinks to be you.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.



No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.

You’re wrong.


Affordability should absolutely be at the top of the list. But, you do you, I guess. I’m happy living life with no student loan debt even if I went to the “wrong” public college. Whatever that is.


That’s nice. If people want to settle they can but it’s not good when some people can’t go to the right place because of money.


There are 4000 colleges in the US. I’m sure you can find just one the is a good fit AND you can afford it.


+1

It's not complicated.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Yes, private loans. This bill is a bonanza for the private lending industry.


+1 everything they do under the guise of shrinking government and cost-savings for taxpayers is really about enriching corporate America and benefiting the wealthy.



No, this forces students to actually consider the cost of college and make smarter financial decisions. You don’t need a private college degree; public college is just fine! College graduates will leave school with less debt which is better for them.


You should choose education on what’s best for you, not what you can afford. It’s inefficient.

But it’s all part of the “I’ve got mine, screw you” mentality of the typical MAGA voter… who doesn’t realize they don’t have theirs.



Part of choosing an education that’s best for you is choosing what you can afford. You don’t buy a house you can’t afford; you don’t go to a college you can’t afford. There are thousands of people bemoaning their student loans…I bet many of them would make different college choices now.

And, no, I’m not a MAGA “I’ve got mine, screw you” person. I chose to attend a public undergrad and graduate program even though I liked some of the private choices more. Finances were a huge factor and guess what, I’m not saddled with student loan debt and my career turned out fine.


Yes, dopey, I’m trying to explain to you that college should not be based on what you can afford. That’s inefficient and gets us people who wind up going to the wrong college.

You’re wrong.


No, we should be sending kids to the college that helps them learn the most in the area they will be most productive. A system that would send a potential talented physicist to part time classes at Eastern State to become an accountant - maybe a college they can afford and a career outcome that is “fine” - isn’t the ideal.

Education is extremely important, worth paying for to make sure everyone gets the best of and shouldn’t be reduced to “well, my degree isn’t good but at least I can afford it”


No, it is not worth burdening a student or a family with six figures worth of debt for an undergrad degree in physics. That's profoundly irresponsible. Most of the T20 or so private universities, however, do offer exceptionally good grant-based aid to middle class families. Those schools are often cheaper than the state flagship for MC families. Just do the NPC. But to take out a massive amount of loans for any degree at any school is nuts. So many students and parents are absolutely crippled by student debt. It is a crushing existence.
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