I don't understand how a moderate tax on people that already have so many different sorts of tax breaks is an illogical means of fixing the loophole of refinancing student loans. Mind you, college should not be this expensive in the first place (another discussion). You guys are flipping this into a larger debate about taxes and debt for no apparent reason. When I started this thread I didn't expect that everyone would use it as a launching pad to get into philosophical debates about how the US tax structure. Furthermore, our debt has been growing at a very small rate under this administration. The whole debt and deficit argument is overstated but this isn't really the thread for that.
The Student Loan Crusader: How Elizabeth Warren Wants to Reduce Debt
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NZA
LOL
on one hand, i agree with people not wanting to reward irresponsible behavior, on the other hand, if this gets to the point where it hurts the country as a whole, we have to be open to solving it as a country and not just within individual students' lives.
you know what my woman told me.. that white ppl were hurt the most by the failed economy because the american dream was sold to yall white ppl and it turned out to be a lie.
i was like
i said she needs another coli appearance. this one would do anaconda numbers. but she said she don't want to fuq with coli no more.every morning i rub her shoulders as reparations for her troubled life
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No that is THE discussion. There is no way in hell college should be that expensive. A lot of these schools are running a surplus at the end of the year but they continue to raise tuition. The shyt is criminal and is the reason you have so much student debt. There is no incentive for a school to lower their costs because everyone just borrows more money to make up for it.
I started grad school in 2002 and my classes were $500 per credit ($1500 for a 3 credit class). By the time I graduated in 2005 they were $850 per credit ($2550 for the same 3 credit class). There is no justification for a 70% increase in costs over a 3 year period. All of this interest free loan talk and restructuring debt is just masking the real problem.
They are scamming people and crippling their futures. Why are people so scared of challenging authority like colleges?
A lot of banks and schools are overcharging students.
Whether thats true or not is debatable, but I was taken back by you referring to colleges as "a scam" or "scamming students". I wouldnt go that far...
Colleges are losing their worth as many employers don't have much of any positions to support college grads.
