Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Prepare a loan repayment with each college. They have to pay back the unpaid loans in installments, or the government will stop giving student loans to attend the college.

This is kind of what he's announcing today. Colleges with the most graduates in default must push those students to repay or risk getting cut off from federal funding.

https://www.newsweek.com/student-loan-update-trump-withhold-new-borrowers-report-2068237

The irony here, of course, is that Trump U grads couldn't find success in the job market.

What's wrong with Trump trying to get his Universities Deans to do better by their alums and students so that taxpayers don't have to bail them out?

Anonymous wrote:

Anonymous wrote:The best option would be to forgive the interest. I've paid what I borrowed twice ($15,272). I still owe $19,394.67.

Borrowed: $15,272
Paid: $33,118.06
Still Owe: $19,394.67

The fact that billions in PPP loans were forgiven without any fight, yet we can't even get the interest, the most crippling part of the student loans, forgiven is fked up. Or at the very least, change it so they aren't compounded daily. Imagine if home mortgages were compounded daily. Or auto loans.

This is what people don't understand. Forgive the exorbitant interest, at the very least.

+2 forgiving old loans does nothing to fix the ridiculous system.

Anonymous wrote:

Anonymous wrote:Prepare a loan repayment with each college. They have to pay back the unpaid loans in installments, or the government will stop giving student loans to attend the college.

This is kind of what he's announcing today. Colleges with the most graduates in default must push those students to repay or risk getting cut off from federal funding.

https://www.newsweek.com/student-loan-update-trump-withhold-new-borrowers-report-2068237

The irony here, of course, is that Trump U grads couldn't find success in the job market.

I have a problem with this forgiveness stuff, too. I worked to pay for college. My kids got scholarships and work for college. No loans. If someone is foolhardy to take a loan, they must pay it back.

Anonymous wrote:Prepare a loan repayment with each college. They have to pay back the unpaid loans in installments, or the government will stop giving student loans to attend the college.

This is kind of what he's announcing today. Colleges with the most graduates in default must push those students to repay or risk getting cut off from federal funding.

https://www.newsweek.com/student-loan-update-trump-withhold-new-borrowers-report-2068237

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why should he be forgiving loans?

Why should people have to take out massive loans just to get an education in the first place?

I disagree with Trump on more or less everything, but shouldn’t that all depend on what students decide to study? I’ll gladly subsidize more doctors or teachers in rural communities no one wants to work in, but not let’s say, a $60k per year degree in underwater basketweaving from a private college.

What you’re really saying is that you’re willing to subsidize a vocational education (engineering, doctors, nurses, teachers) not traditional college/university education (philosophy, English literature, etc) which is meant to expand the mind. It seems more and more people treat college/universities as vocational schools for white collar jobs. It is a wonder that students are allowed electives.

Liberals don't seem to get that it isn't OK, if a person who graduated from their college with government assistance can't go on and get a good job and pay taxes. Paying taxes is important if you are going to have government assisted programs.

Let me break it down for you. Poor people don't pay taxes. Middle and upper middle-class people pay taxes. Rich, they pay alot of taxes(by bulk not by rate), but there aren't very many of them.

No, it's not OK to go college take on loans take government subsidies and not get a middle to upper middle-class job.

It's not a judgement on the study. Sure, rich kid with a trust fund, go do whatever you want.

This is why eviscerating the middle class with h-1b's is a problem. The only people that have enough money but not enough representation to avoid paying taxes are the middle and upper middle class. Another way to put it, either the corporations have to pay us more so we can get into a higher tax bracket, or the corporations need to pay more taxes.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Over half the posts in this thread are right wing bots.

loan forgiveness is not popular, except for those who have loans, unsurprisingly.

Support was far weaker among respondents without student loans: Half supported $10,000 of relief, and just 37% supported full debt cancellation.

https://www.npr.org/2022/06/17/1104920545/poll-student-loan-forgiveness

PPP was not popular, but all the GOP scammers got and took billions, didn't they. The felon bankrupt president telling all the poor usury slaves to pay their predatory debts. He'd put them in debtors prison if he could. The GOP is evil.

I'd sooner want all of the fraudulent PPP loans dealt with than going after students.

Government can't chew and walk at the same time?

https://www.irs.gov/compliance/criminal-investigation/six-people-charged-with-fraudulently-obtaining-loans-meant-to-help-small-businesses-during-covid-19-pandemic

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why should he be forgiving loans?

Why should people have to take out massive loans just to get an education in the first place?

I disagree with Trump on more or less everything, but shouldn’t that all depend on what students decide to study? I’ll gladly subsidize more doctors or teachers in rural communities no one wants to work in, but not let’s say, a $60k per year degree in underwater basketweaving from a private college.

What you’re really saying is that you’re willing to subsidize a vocational education (engineering, doctors, nurses, teachers) not traditional college/university education (philosophy, English literature, etc) which is meant to expand the mind. It seems more and more people treat college/universities as vocational schools for white collar jobs. It is a wonder that students are allowed electives.

dp. if you put it that way.. yes. At least people can find good paying jobs in vocational trade, and pay back their loans.

Your "college is not a vocational school" rant is tiresome, grandma/grandpa.

Listen, Flower, parents and students already expect colleges to land you a job, so they’ve become vocational schools, so they should be treated and recognized as such. As the other poster said, traditional college study should be the priority and subsidized differently or not at all.

Then, no one should subsidize your navel gazing major. Do it on your own dime, sweetie.

Prepare a loan repayment with each college. They have to pay back the unpaid loans in installments, or the government will stop giving student loans to attend the college.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why should he be forgiving loans?

It’s completely cruel and unfair to do this to people! Can’t you see that ?!?

? It's cruel and unfair to expect people to payback loans? WTF?

If someone borrowed $10K from you, you would be cruel and unfair to expect them to pay it back. Right?

Student loans are basically money printed from nothing, loaned to students, and paid back to backs. Magic money machine laundering by the bank with the students as fall guys.

^ paid back to banks.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why should he be forgiving loans?

It’s completely cruel and unfair to do this to people! Can’t you see that ?!?

? It's cruel and unfair to expect people to payback loans? WTF?

If someone borrowed $10K from you, you would be cruel and unfair to expect them to pay it back. Right?

Student loans are basically money printed from nothing, loaned to students, and paid back to backs. Magic money machine laundering by the bank with the students as fall guys.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Over half the posts in this thread are right wing bots.

loan forgiveness is not popular, except for those who have loans, unsurprisingly.

Support was far weaker among respondents without student loans: Half supported $10,000 of relief, and just 37% supported full debt cancellation.

https://www.npr.org/2022/06/17/1104920545/poll-student-loan-forgiveness

PPP was not popular, but all the GOP scammers got and took billions, didn't they. The felon bankrupt president telling all the poor usury slaves to pay their predatory debts. He'd put them in debtors prison if he could. The GOP is evil.

I'd sooner want all of the fraudulent PPP loans dealt with than going after students.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why should he be forgiving loans?

Why should people have to take out massive loans just to get an education in the first place?

I disagree with Trump on more or less everything, but shouldn’t that all depend on what students decide to study? I’ll gladly subsidize more doctors or teachers in rural communities no one wants to work in, but not let’s say, a $60k per year degree in underwater basketweaving from a private college.

What you’re really saying is that you’re willing to subsidize a vocational education (engineering, doctors, nurses, teachers) not traditional college/university education (philosophy, English literature, etc) which is meant to expand the mind. It seems more and more people treat college/universities as vocational schools for white collar jobs. It is a wonder that students are allowed electives.

dp. if you put it that way.. yes. At least people can find good paying jobs in vocational trade, and pay back their loans.

Your "college is not a vocational school" rant is tiresome, grandma/grandpa.

Listen, Flower, parents and students already expect colleges to land you a job, so they’ve become vocational schools, so they should be treated and recognized as such. As the other poster said, traditional college study should be the priority and subsidized differently or not at all.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why should he be forgiving loans?

Why should people have to take out massive loans just to get an education in the first place?

I disagree with Trump on more or less everything, but shouldn’t that all depend on what students decide to study? I’ll gladly subsidize more doctors or teachers in rural communities no one wants to work in, but not let’s say, a $60k per year degree in underwater basketweaving from a private college.

You're never going to get more doctors or nurses because the number of slots to educate them is purposely throttled to prevent over-supply. Their trade organizations want shortages of doctors and nurses!

This is the reason why some American students go to study medicine in the Caribbean and why we import doctors and nurses from Eastern Europe, Africa, and the Philippines.

Further, residency positions are funded by the federal government and have long lagged the rate of population growth since the 1980s.

Most people who have never gone through the medical school to residency pipeline or had a loved one do it, do not know these things. There are a hard-set number of slots for each specialty. I think the number is something like 40,575 slots. However, there are usually 42,000-43,000 med school graduates applying each year to those spots. This is why thousands go unmatched each year and can try again the following fall.

There are only so many spots for the top ranked doctors at the top ranked med schools. And they have to beat the algorithm to get matched together.

Anonymous wrote:

Anonymous wrote:Over half the posts in this thread are right wing bots.

loan forgiveness is not popular, except for those who have loans, unsurprisingly.

Support was far weaker among respondents without student loans: Half supported $10,000 of relief, and just 37% supported full debt cancellation.

https://www.npr.org/2022/06/17/1104920545/poll-student-loan-forgiveness

PPP was not popular, but all the GOP scammers got and took billions, didn't they. The felon bankrupt president telling all the poor usury slaves to pay their predatory debts. He'd put them in debtors prison if he could. The GOP is evil.