Student Loan Consolidation and Proposals

[feelosofer]

I would rather sign a petition to audit public and private institutions and their expenses/salaries etc and put a cap to the amount that colleges can charge prospective students, as well as readjusting the student loan process. But this Student Forgiveness Act will only make the problem worse. Student loans being forgiven would add about 500 billion dollars to an already considerable deficit. On the other hand this is what I would consider an internal problem, so if 35-45% of students affect can pursue careers within the country that money can come back as tax revenue over time, as you would have a larger tax base and less dependence on other forms of government sustenance. So it could have a long term positive effect if implemented properly.

 

[No1]

Sees that everyone in here being a clown is from New Jersey, unsurprising Besides my homie newark

 

[feelosofer]

Do not ever come at me again talking about "stop asking for a handout." I'm not even going to bother educating you about college costs and their affect. How about you read the bill and its purpose first.

But I will address the lunacy you just spewed on a general level. How did you make the leap from forgiving current loans, to assuming nothing would be done for the future, and that bringing the costs down would not be another objective? Why is who gets what, when and how even relevant if you're so convinced its a handout? How did you come to the conclusion that somehow college would be "nationalized" if you even know what that means which would lead to it being devalued? All due respect, but this is the dumbest thing I read all day and it's only 10:40AM. College is much more affordable in Canada and they seem to be doing just fine without it being all "nationalized". As if every state doesn't already have its land grant universities that it imposes certain requirements on in order to continue to receive public funding. :thiswork:

So let's allow college degrees which are the keys to most new jobs be completely unaffordable, rise at a rate higher than anything over the past 20 years (by a CONSIDERABLE margin) while the jobs you get after make living a middle-class lifestyle barely affordable. That's right, keep those monthly payments high and see if the people who are supposed to be the new home-buyers and spenders have the money to do so.

But keep using the same language that caused your candidate to lose just now. The average college student graduates 20,000 in debt, but go ahead continue on with your bullshyt. If it wasn't so early I'd break it down completely, but you just illuminated what kind of person you are completely. I'm still school, when it's all said and done, parts of this might not even apply to me, but I've always known that the country is bigger than just me. But I'm not surprised...you are from Jersey.

Don't think all Jerseyans think like that just this nut. New Jersey has some of the highest student loan debt in the country, something like this passing would benefit our state the most.

 

[No1]

Don't think all Jerseyans think like that just this nut. New Jersey has some of the highest student loan debt in the country, something like this passing would benefit our state the most.

The problem is you're suggesting capping tuition, but that does not help people in the interim. No one said this is the final solution. But I guarantee you this would jump start the economy. The people still would help are those most likely to be the new home-buyers, and everything else. The people least likely to sit on their money.

 

[Dr. Acula]

No. Pay your debts you bums.

 

[feelosofer]

The problem is you're suggesting capping tuition, but that does not help people in the interim. No one said this is the final solution. But I guarantee you this would jump start the economy. The people still would help are those most likely to be the new home-buyers, and everything else. The people least likely to sit on their money.

I agree with most of the bill, but I would also add a tuition cap so that schools don't increase the tuition relative to the average saving student would get with the propositions being suggested, so that the kids don't get screwed. Even though I'm older and have long paid my loans, I pay part of my oldest son's tuition and I see the long term of skyrocketing tuition costs especially under the Christie administration. Also schools in my state increased the tuition after Obama opened up more Pell grants, I don't want to see that happen anymore.

 

[69 others]

in the long run this is only going to make tuition go up and leave everyone to flip the bill, but right now i'm a grad student at one of the nations most expensive schools and part of my tuition is covered by government loans and if given the chance not to pay it back or at lower interest i'll support my self interest so, where do i sign at.

 

[No1]

I agree with most of the bill, but I would also add a tuition cap so that schools don't increase the tuition relative to the average saving student would get with the propositions being suggested, so that the kids don't get screwed. Even though I'm older and have long paid my loans, I pay part of my oldest son's tuition and I see the long term of skyrocketing tuition costs especially under the Christie administration. Also schools in my state increased the tuition after Obama opened up more Pell grants, I don't want to see that happen anymore.

Well that's the problem as well, the government tried to make college more affordable and campuses raised tuition because they knew the loans would make up the difference. I'm not for increasing the bureaucracy all the time but there should definitely be an oversight board and a process of pre-approval before increasing student loan rates, at least at public universities.

 

[VerbalIntercourse]

in the long run this is only going to make tuition go up and leave everyone to flip the bill, but right now i'm a grad student at one of the nations most expensive schools and part of my tuition is covered by government loans and if given the chance not to pay it back or at lower interest i'll support my self interest so, where do i sign at.

Finally someone who understands how the world works.

 

[TLR Is Mental Poison]

Well that's the problem as well, the government tried to make college more affordable and campuses raised tuition because they knew the loans would make up the difference.

Isn't this the same thing? If govt didn't put a cap on tuitions since they started subsidizing student loans 10, 20 years ago, what makes you think they will now?

 

[88m3]

Isn't this the same thing? If govt didn't put a cap on tuitions since they started subsidizing student loans 10, 20 years ago, what makes you think they will now?

Their jobs?

 

[TLR Is Mental Poison]

Their jobs?

Charlie Rangel has been in office for 41 years. If that isn't proof that these guys have infinite job security said proof doesn't exist

 

[88m3]

Charlie Rangel has been in office for 41 years. If that isn't proof that these guys have infinite job security said proof doesn't exist

Do you vote? Isn't that your district? Why don't you run?

 

[TLR Is Mental Poison]

Do you vote? Isn't that your district? Why don't you run?

This has nothing to do with anything

 

[88m3]

This has nothing to do with anything

It has everything to with everything! We're talking about change. We're talking about action!