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Message
Posted on 2/24/20 at 5:19 pm to 93and99
We’re all going to pay for it. Whether you like it or not.
Posted on 2/24/20 at 5:20 pm to the808bass
quote:
We’re all going to pay for it. Whether you like it or not.
Sorry , you should man up and pay for your debt.
Posted on 2/24/20 at 5:21 pm to 93and99
I would be very surprised if 808 had any debt.
Posted on 2/24/20 at 5:22 pm to 93and99
I have zero college debt. I had $10k when I got my masters.
Posted on 2/24/20 at 5:25 pm to Scruffy
quote:
You are as staunchly unreasonable as the Bernie Bros.
No one said to pay it off, but something needs to be done or you will alienate an entire generation because you are completely unreasonable.
I would rather find a way to fix it now before those individuals become entrenched in the pinko mentality.
The problem is that the "entire generation" isn't willing to eliminate the access to easy money that's causing the severe price increases. They want to to have their cake and eat it too.
It's like the guy who complained about the housing market. He said it was impossible to find cheap starter homes unless they weren't in a popular area.
As a whole, the group has no concept of basic economic principles and are unwilling to make choices that benefit them tomorrow at the expense of today. Obviously, this doesn't apply to all millenials. But, the damage has been done. As a whole, they have been brainwashed to think that they are victims and have a tougher road than anyone before them.
Posted on 2/24/20 at 5:27 pm to the808bass
quote:
I have zero college debt. I had $10k when I got my masters.
I had zero debt when I graduated because I worked full time and paid my way.
It took me 7 years to get my degree , sometimes I only had enough cash to pay for two classes in a semester.
I do not owe these people anything. THEY chose to sign those contracts , they should have worked and paid their way. They wanted to party and I have to pay for that ?
frick that
Posted on 2/24/20 at 5:30 pm to 93and99
quote:
I had zero debt when I graduated because I worked full time and paid my way.
Yeah. I lived at home and had a scholarship that covered tuition.
I agree with your stance. But a simple ending of government guaranteed loans will never happen by itself. You’re kicking the can.
Posted on 2/24/20 at 5:34 pm to HempHead
quote:
If graduate success was tied to the budgets of a university, they'd be muuuuuuch more discerning in what they teach
I like it.
Posted on 2/24/20 at 5:34 pm to the808bass
I'm not kicking anything , there shouldn't be a can.
Tell them to frick off , you don't cave to freeloaders.
Tell them to frick off , you don't cave to freeloaders.
Posted on 2/24/20 at 5:35 pm to HempHead
quote:
I've advocated for a system of university-sponsored cost in exchange for X% of income over Y years
What you are really trying to say is that you want universities to hold the paper on the loan and thus have some risk involved.
You really don't need that. You just need any party that holds to the paper to have risk involved. That's where the problem lies. These loans are guaranteed.
Posted on 2/24/20 at 5:38 pm to 93and99
We’ve already caved. You’re in denial.
When you can take out $200k in loans and pay based on your income, the show is already over.
When you can take out $200k in loans and pay based on your income, the show is already over.
Posted on 2/24/20 at 5:41 pm to Oilfieldbiology
quote:
the lack of starter homes
Milennials idea of a starter home is north of $200k and 2500 heated sqft. Outside of the largest metro areas, you would have to be blind not to find a starter home under $150k. Even in Philly there were fixer-uppers in the $80k range. Not North Philly slums but areas within walking distance of craft brew pubs, art bars, and a few decent coffee and pizza joints. Milennials simply have no idea on how to recognize real potential and invest in something that doesn't bring immediate gratification.
Posted on 2/24/20 at 5:41 pm to moneyg
It would help to have the schools have risk. You’re not getting on the hook for $200k for a student with a gender theory degree if you’re the university.
Posted on 2/24/20 at 5:42 pm to 93and99
quote:
93and99
Are you just going to ignore the issue and allow the dems to lock on to that HUGE population of voters for the next 20 year's?
That's your play?
***I firmly believe that people should pay for loans they signed up for. But they're not going to
Posted on 2/24/20 at 5:43 pm to Clames
quote:
Milennials idea of a starter home is north of $200k and 2500 heated sqft.
This is a good point. Average new home size in 1973 was 1663 s.f.
Posted on 2/24/20 at 5:44 pm to the808bass
quote:
It would help to have the schools have risk. You’re not getting on the hook for $200k for a student with a gender theory degree if you’re the university.
If the banks have risk, this isn't a thing. And, you don't have to create this monstrosity of system, filled with bureaucratic rules, to work. If you let simply market forces drive the behavior, it will just work.
Posted on 2/24/20 at 5:44 pm to SportTiger1
I can live with a hit to my--and this is important: other people in the 1%'s--pocketbook if it means a broad swathe of less fortunate people don't have to worry about going to the fricking doctor, or find that their rich counterparts have once again found more loopholes/cons to further increase their wealth. I work in corporate America in NY. I promise that myself and all the other skyscraper people I work with in the city aren't doing anything additive to this world. We're good at generating profits for our boards. That's not anything to be proud of, so the absolute LEAST we should all do is shoulder some burden. In reality, the richest people just have the richest accountants who find ways to evade taxes. You lot seem to find this a good thing. I find it repulsive. Bernie is a check against that.
Greed is fricking gross. Full stop.
Greed is fricking gross. Full stop.
Posted on 2/24/20 at 5:46 pm to Clames
quote:
Milennials idea of a starter home is north of $200k and 2500 heated sqft.
They also like the idea of a much smaller, older home where property values are through the roof.
Posted on 2/24/20 at 5:46 pm to MI LSU
quote:
Greed is fricking gross
Why, then, are you making an ostensibly obscene amount of money in the service of your Manhattan overlords?
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