Obama announcing an expansion on student debt relief

Hollywood Co

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people need to stop asking for handouts

As a black man that went to college, didn't graduate and still ended up with a good job I agree with you but the deck is stacked against most. Graduates can only do so much with 25,000 salaries for entry level work when their 30K+ in debt.

America is not giving its young citizens anything back for doing what their supposed to do which educate themselves and takeover the generation before them.
 

☑︎#VoteDemocrat

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So taking this world class education abroad should be the move since most graduates are struggling to find decent jobs in their field?
This ain't even true.

The west is being FLOODED with Visas from place to come in and work at all these companies.

This is why immigration reform is such a major issue.

Ya'll wanna talk about being jobless? Talk about how immigration won't fukk you if not controlled.

I support the american dream and all that, but lets not toy around with how flooding the market with outsiders doesn't hurt your prospects. Cause the ones coming to the states are the best of the best.
 

Brown_Pride

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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.
isn't that what scholarships and grants do already?...When bolstered with GPA requirements?

But yeah i feel some degrees, as a nation, are more beneficial. I'm not sure exactly how having an art history degree benefits our country while they're serving coffee ya digs?
 

Robbie3000

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Real talk...we gotta come to understand that NOT everyone is meant to go to college. then again, I don't think we'll ever get to have an honest discussion about that.

You can't make that kind of statement though. There are plenty of students who fukk around in HS and excel in college. I was a 2.6 GPA student in HS and a Magna Cum Laude in College.
 

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isn't that what scholarships and grants do already?...When bolstered with GPA requirements?

But yeah i feel some degrees, as a nation, are more beneficial. I'm not sure exactly how having an art history degree benefits our country while they're serving coffee ya digs?
scholarships and grants don't get repaid though.

Dudes are gonna come in here and cape for liberal arts and I don't blame them. That "knowledge" is useful in order to light that "existential fire" in the hearts of us modern nihilists, but at the end of the day, its a sinkhole and a waste of talent FOR MOST PEOPLE.

When you consider the liberal arts folks who actually go on to work in those same pursuits, the percentages are SHOCKINGLY small.
 

☑︎#VoteDemocrat

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You can't make that kind of statement though. There are plenty of students who fukk around in HS and excel in college. I was a 2.6 GPA student in HS and a Magna Cum Laude in College.
Gotta start young.

Other nations cut your ass off if you don't show that trajectory. Not saying it'll be easy if you make a mistake early, but at some point theres gotta be a standard
 

Sensitive Blake Griffin

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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.
how about we fukking divert the 500 billion in tax dollars we spend on defense (imperialism) to giving our nation free education?
 

NkrumahWasRight Is Wrong

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"The official said Obama will expand the criteria for an alternative repayment program, which caps monthly payments for certain federal student loans at 10% of a borrower's discretionary income."

Do you guys understand how long its going to take to end up paying the loan back? If theyre not a teacher, chances are a good bunch of them are going to have to go the distance to 20-25 years. Sure, they could get a lot of it forgiven but it's still a gamble..and for some itll be worth taking with no other option to get their degrees...but that doesnt mean itll be the smart thing to do. There are other ways to get the education desired...patience is being overlooked. Go to community college, work and build your resume and get scholarships and grants based on that. Thats a much better way of going about it then rushing to fit in with peers and go to the dream school ASAP. I suppose this legislation doesnt necessarily change that, but I dont think it makes things much better either. Sub prime mortgage lending didnt work out very well for anybody involved FWIW.
 

88m3

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As a black man that went to college, didn't graduate and still ended up with a good job I agree with you but the deck is stacked against most. Graduates can only do so much with 25,000 salaries for entry level work when their 30K+ in debt.

America is not giving its young citizens anything back for doing what their supposed to do which educate themselves and takeover the generation before them.

isn't this about wage inequality then?


You'll be hard pressed to get a job in Europe without a dual passport. I'm not sure where else you would want to work... or that you would expect to have the same type of income and standard of living that America can offer you.
 

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"The official said Obama will expand the criteria for an alternative repayment program, which caps monthly payments for certain federal student loans at 10% of a borrower's discretionary income."

Do you guys understand how long its going to take to end up paying the loan back? If theyre not a teacher, chances are a good bunch of them are going to have to go the distance to 20-25 years. Sure, they could get a lot of it forgiven but it's still a gamble..and for some itll be worth taking with no other option to get their degrees...but that doesnt mean itll be the smart thing to do. There are other ways to get the education desired...patience is being overlooked. Go to community college, work and build your resume and get scholarships and grants based on that. Thats a much better way of going about it then rushing to fit in with peers and go to the dream school ASAP. I suppose this legislation doesnt necessarily change that, but I dont think it makes things much better either. Sub prime mortgage lending didnt work out very well for anybody involved FWIW.

We are cutting off our legs at the knees as a country by not subsidizing higher education more than we already do. We are pinching pennies instead of heavily investing in our workforce. A country as wealthy as America, should not be saddling its young with 10s of thousands in loans just to attain a degree, especially in an economy that constantly requires higher and higher levels of education just to get a decent paying job.

This is going to come to bite us in the ass in years to come.
 

NkrumahWasRight Is Wrong

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We are cutting off our legs at the knees as a country by not subsidizing higher education more than we already do. We are pinching pennies instead of heavily investing in our workforce. A country as wealthy as America, should not be saddling its young with 10s of thousands in loans just to attain a degree, especially in an economy that constantly requires higher and higher levels of education just to get a decent paying job.

This is going to come to bite us in the ass in years to come.

I agree...but then find a way to keep tuition rates from going up every year and, instead, make them go down significantly. The burden needs to be put more on the institutions than the students.
 
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