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Started By
Message
re: DOGE starting to look at Student Loan systems
Posted on 2/8/25 at 10:49 am to AldousSnow26
Posted on 2/8/25 at 10:49 am to AldousSnow26
quote:
What are your thoughts on the GI Bill
GI bill was around before the department of education.
0
Posted on 2/8/25 at 10:50 am to RohanGonzales
quote:Now we are over the real target for the Root Cause of all these global first agendas. F' Commies everywhere.
Higher education is dominated by leftists
Posted on 2/8/25 at 10:53 am to TokenLiberal
quote:
As a taxpayer, I'd rather pay for someone's student loans for a few years than food stamps, housing subsidies, and health care for the rest of their lives. There are only so many oil field jobs to go around, the rest of the people who can't get one are going to end up working fast food jobs.
Don’t need a college degree to open your own restaurant. Or maybe their level is fry cook if they can’t get a free gender studies degree.
The world needs ditch diggers and we won’t have to import them.
Posted on 2/8/25 at 10:55 am to theronswanson
quote:
we need to get rid of student loans entirely.
Just get the government out of the student loan business. Make it strictly private. That way students will have to justify to the bank why they need the loan and demonstrate an ability to repay it based on major/career choice. No more getting $200K in student loans to get a Gender Studies degree from an Ivy League school when you'll never land a job with a sufficient salary to repay it.
Posted on 2/8/25 at 10:57 am to joe8 7
Interesting. This should result in zero findings of fraud. Doesn't on the surface appear to be a place I would be wasting resources on. That said, obviously I am would be wrong in thinking that. Super interested in what they turn up.
Were certain loans zeroed out without being paid? Were student loans issued and not used for that purpose?
Fishy that this crap would be set up in the first place. Why a whole gov't system JUST for loans to students. Was it for fraud or simply with the hopes of getting people in debt they would have hanging over their heads most or all of their life?
Were certain loans zeroed out without being paid? Were student loans issued and not used for that purpose?
Fishy that this crap would be set up in the first place. Why a whole gov't system JUST for loans to students. Was it for fraud or simply with the hopes of getting people in debt they would have hanging over their heads most or all of their life?
Posted on 2/8/25 at 10:59 am to ChineseBandit58
quote:
But allowing some dope smoking asshat take out thousands of $$$ for him to waste 6 years 'studying' gender-studies
Around here it was more like "waste two years studying remedial math & English" before dropping out
Posted on 2/8/25 at 10:59 am to dgnx6
quote:
Don’t need a college degree to open your own restaurant.
You need money. If they had money they wouldn't need a student loan.
quote:
Or maybe their level is fry cook
Also government subsidized.
quote:
The world needs ditch diggers and we won’t have to import them.
Also government subsidized.
Posted on 2/8/25 at 11:51 am to omegaman66
quote:
Interesting. This should result in zero findings of fraud. Doesn't on the surface appear to be a place I would be wasting resources on.
You would think, right? Just loans, right?
I've been ready to tear this system down for years. I'm not sure where the thievery is, but if the government is involved it will be there.
Maybe this will be what opens lefties eyes up.
Posted on 2/8/25 at 11:57 am to FoTownBam
quote:
I don’t necessarily disagree, but how many 18 year olds can afford college these days? Shoot, I’m 44 and I can’t afford a $200,000 college tuition of 4 years. The price of education has gotten ridiculous and overvalued
An old friend, worked to pay for his computer science degree at MIT because the tuition at the time was $2400. No way could that happen today. Government pumping money into colleges via student loans has lead to massive inflation.
Posted on 2/8/25 at 12:01 pm to Auburn1968
quote:
An old friend, worked to pay for his computer science degree at MIT because the tuition at the time was $2400.
In 1988 out of state tuition at GT was $1500 per quarter, so $4500 per year. That's $13,584 in today's dollars, current tuition for GT is $34,174.
That's not sustainable.
Posted on 2/8/25 at 12:06 pm to Von
quote:
Maybe this will be what opens lefties eyes up.
There has been a steady trickle. Hope it continues. Probably 10 percent of the black community now support Trump that didn't already. And probably something close to that in the white community that didn't already. Hoping my figures continue to go up. Never a dim president ever again.
Posted on 2/8/25 at 12:11 pm to theronswanson
quote:
So does an apprenticeship or an oil field job.
So you want to put some of these austic gamers in an oil field? Seems smart
Posted on 2/8/25 at 12:12 pm to theronswanson
quote:
Once the Dept. of Ed. is gone, we need to get rid of student loans entirely. Only go to college if you can afford it. Anything else is a grift on the taxpayers.
How are you going to lower the cost of attending college? The loans paid for all of those new buildings on all of the campuses.
Posted on 2/8/25 at 12:13 pm to TokenLiberal
quote:
There are only so many oil field jobs to go around, the rest of the people who can't get one are going to end up working fast food jobs.
If only we had a need in this country for electricians, plumbers, construction workers, warehouse workers, customer service reps, manufacturing workers, carpenters, or any other trade skill, then these poor people who can't afford college wouldn't be relegated to only fast food jobs.
Posted on 2/8/25 at 12:22 pm to FoTownBam
quote:
I don’t necessarily disagree, but how many 18 year olds can afford college these days? Shoot, I’m 44 and I can’t afford a $200,000 college tuition of 4 years. The price of education has gotten ridiculous and overvalued
The price of college has increased beyond inflation partially because of student loans.
Increase demand with 'free' (for now) money, and prices go up.
Posted on 2/8/25 at 12:33 pm to theronswanson
quote:
get rid of student loans entirely.
I disagree, I’m a senior software engineer for a major corporation, 30 + years in. My family was struggling financially when I graduated HS and while I had scholarships initially, my grades dropped one semester when I had a Chinese differential equations professor (~ like Calculus III) who barely spoke English and I also struggled with a Thermodynamics course that same semester. So lost my scholarship and finished on Student loans.
My wife recently retired after teaching for 25 years and her college was all financed by student loans as well, which we have both long since repaid in their entirety.
No student loan availability would eliminate opportunity from many to make their way and would be a detriment to society as well.
But there should be reasonable restrictions on which degree programs you can enter if you are on scholarship or student loans.
Most liberal arts and other degrees which don’t reasonably translate to a real job / career path after graduation should only be available to students paying cash for their tuition.
This post was edited on 2/8/25 at 1:23 pm
Posted on 2/8/25 at 12:47 pm to MidWestGuy
quote:
The price of college has increased beyond inflation partially because of student loans.
How does that get fixed?
Posted on 2/8/25 at 1:03 pm to joe8 7
Posted on 2/8/25 at 1:14 pm to Kjnstkmn
quote:
Now student loan availability would eliminate opportunity from many to make their way and would be a detriment to society as well.
So the one government handout that benefits you we need to keep? That mindset is part of there problem we have as at some point handouts will benefit everyone. Next the farmers will complain when Musk and Trump stop propping us the farming industry (it’s already happening). We need to tighten our belt and get our fiscal house in order. That is going to require sacrifice. Student loans are part of the entitlement society and need to go.
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