Obama announcing an expansion on student debt relief

iceberg_is_on_fire

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I was just thinking about this today. There is 1.1 trillion in student debt out there. This years graduation class owed $33,000 in loans on average.


There is no length that the worst generation in this country a.k.a the Baby Boomers will go to squeeze every last penny out of the younger generations.
shyt is sickening. I really feel bad for Millennials. Get saddled with soul crushing debt in order to earn a college degree that was promised to lead to better pay only to find out that the selfish ass Baby Boomer generation won't vacate jobs cause they squandered all their money and now can't afford to retire.

This is life in a nutshell. I have ~78000 left in debt with my MBA and Bachelors. I teach part time for a college, I wonder if I can get in on that teaching shyt. :jawalrus:
 

88m3

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I mean by the time you're in college you're supposed to be an adult. What you can't work your way through college? Also whatever happened to applying for scholarships?
 

Hollywood Co

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Chilling. Obama is encouraging laziness and moral degradation. People should know how to take their debts seriously. Besides, students should be thankful for receiving a world class education.

So taking this world class education abroad should be the move since most graduates are struggling to find decent jobs in their field?
 

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this.
Or something close to it.

I wonder if this is someone trying to get ahead of the next bubble. Forgiveness after 25 years? Good lord! That's a fukin house loan.

If we diverted even a small fraction of our "war" budget this issue would be over in a decade.
I REALLY do think certain degrees *cough* STEM *cough*, bolstered through GPA requirements, should get loan preference in terms of lower tuition fees AND better interest rates.
 

Sensitive Blake Griffin

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I know you nikkas wanna make change, but what? :pachaha:
the cost of education is absurd and we're fukkING our young generation in the ass, I'm tired of these c*nt ass baby boomers ruining our experiences, I'm tired of money grubbing being in every facet of our god damn society. Higher education should be free and so should healthcare
 

☑︎#VoteDemocrat

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the cost of education is absurd and we're fukkING our young generation in the ass, I'm tired of these c*nt ass baby boomers ruining our experiences, I'm tired of money grubbing being in every facet of our god damn society. Higher education should be free and so should healthcare
stop saying "free"

Cause you mean SOCIALIZED. Lets just use the right terms here so we understand HOW things work.

Its going to have to be paid. The question is how and through what methods.
 

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Note that it also says it makes it easier for people to get loans. That could end up hurting some so its not all gravy.

Man, what sucks is that theres two ways to look at this:

1. Either all education is subsidzed

2. Not everyone gets to qualify for loans.

Cause if we go with (2) then it gets harder to just openly charge EVERYONE for going to school.

None of this changes what schools will throw on your back.
 

☑︎#VoteDemocrat

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Chilling. Obama is encouraging laziness and moral degradation. People should know how to take their debts seriously. Besides, students should be thankful for receiving a world class education.
I can't tell if you're serious...because outside of your quip towards Obama, I really think folks are forgetting how soft they have it out here.
 
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