BBB Bill limits federal aid to 20k

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.



Quit talking about the "right place" as if there is a college destiny. Think that there's one person in the world for another person to marry? Quit trying to romanticize the pragmatic decision decision-making that must be involved when selecting a college and a major and a future.
Anonymous
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.


And also ensuring that fewer people can go to college. The goal is to return to a time when the only wealthy white men had access to higher ed. Everyone else gets to work for them!


I think that gives them too much credit - I doubt they care about anyone else. They do not give a shit if you go to college.


They absolutely do. If they didn’t, they wouldn’t have gone after affirmative action. And they wouldn’t have turned “DEI” into a bogeyman. They want to limit access to education to a small, privileged group.
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.



Honestly you can’t afford a school that cost 75k per year. You need to reframe your kids college. I hate the bbb but love this provision. Kids and parents don’t understand personal finances and how bad it is to go into massive debt for a college degree!
Anonymous
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.


WTH? You don't have to be "MAGA" to know that people who borrow more than they can ever repay are idiots. Not interested in helping to finance your kids' private school educations. Choose a school that you can actually pay for. It's called, living within your means.
DP
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.


Speaking of dopey... get a clue. Figure out what you can afford and send your kids there. If that means starting at community college and transferring, so be it. Don't expect the rest of us to finance their tuition.
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.



This person has got to be a 12 yr. old troll.
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.



This person has got to be a 12 yr. old troll.


Don't insult 12 year olds. I'd say 7.
Anonymous
My family all four of us went to college as commuters. Being in DMV there are tons of great schools nearby

Two of my daughters friends are doing MoCo community college 10k a year I think then UMD 20k a year. Total of 60k college degree.
Anonymous
Anonymous wrote:
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.



Honestly you can’t afford a school that cost 75k per year. You need to reframe your kids college. I hate the bbb but love this provision. Kids and parents don’t understand personal finances and how bad it is to go into massive debt for a college degree!


I am coming to love this provision too. It will force everyone to make smarter choices. It may tick students off now, but they will be grateful as adults.
Anonymous
We are in a state with so so publics - Arizona. But basically have told our kids that’s where they are going or they need to get merit if going private. Great careers come from all schools. Normalize in state options.
jsteele
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