Current Events > Is wiping away student loans something we're just gonna do every 10 or so years

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Blue_Inigo
08/24/22 5:41:37 PM
#1:


Or was this a special one time exception

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#2
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AloofHermit
08/24/22 5:42:56 PM
#3:


its not gonna be like money matters cause the USD is gonna collapse soon

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Realforce
08/24/22 5:45:28 PM
#4:


I knew delaying my payments up until the beginning of covid would get me somewhere!

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hockeybub89
08/24/22 5:46:37 PM
#5:


We need to completely abolish loans and tuition

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iPhone_7
08/24/22 6:04:00 PM
#6:


abolish universities

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s0nicfan
08/24/22 6:04:36 PM
#7:


That will depend on how things go in the midterms. This might be something you see every 2 to 4 years.

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Squall28
08/24/22 6:05:13 PM
#8:


hockeybub89 posted...
We need to completely abolish loans and tuition

Everything should be free!

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Pepys_Monster
08/24/22 6:05:58 PM
#9:


Every 4 or 8 years when a Democratic Party politician is trying to get votes.

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Fimbulvetr
08/24/22 6:06:26 PM
#10:


Squall28 posted...
Everything should be free!

Nah but university education being compulsory would revolutionize our entire civilization.

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COVxy
08/24/22 6:06:26 PM
#11:


Squall28 posted...
Everything should be free!

Lol.

Why do you think education should be limited to the rich?

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Squall28
08/24/22 6:12:58 PM
#13:


Fimbulvetr posted...
Nah but university education being compulsory would revolutionize our entire civilization.

The reality is most people don't give two shits about school, and graduate not even understanding the basics. Look at all the bitching about not learning about finances in school.

They teach math, reading, and research in school. They fucking taught people. People just don't care. Grown ass adults can't do math they teach in elementary school.

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Squall28
08/24/22 6:16:54 PM
#14:


COVxy posted...
Lol.

Why do you think education should be limited to the rich?

I don't think that. I just acknowledge the lack of feasibility. In my ideal world, education is free.

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COVxy
08/24/22 6:18:16 PM
#15:


Squall28 posted...
I don't think that. I just acknowledge the lack of feasibility. In my ideal world, education is free.

That's not what it seemed like to me. Seemed like you were mocking the very idea.

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hockeybub89
08/24/22 6:18:59 PM
#16:


Squall28 posted...
Everything should be free!
No, just education, healthcare, roads, being LGBT, etc

Those kinds of things

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chrono625
08/24/22 6:23:35 PM
#17:


COVxy posted...
Lol.

Why do you think education should be limited to the rich?

it isnt.

there are already tons of scholarship programs to help under privileged individuals to receive either a free or severely discounted college education.

also; you dont HAVE to go to a university that costs 50k a year for undergraduates. There are many local colleges that cost a fraction of what a four year degree would cost at a prestigious university.

in NYS you can go to a CUNY and pay 40k or less for a bachelors as opposed to 100k+.

one major problem is young people are really stupid and impressionable. Theyd rather go to a party school and pay a premium than actually go to a school they can afford.

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#18
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chrono625
08/24/22 6:29:53 PM
#19:


[LFAQs-redacted-quote]


to go off on a tangent - its not just college that needs an overhaul.

I pay 1k a month for 3 full days of pre-school for my daughter. And I live in one of the highest tax bracket states in the country.

education in general needs a complete overhaul.

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CommonStar
08/24/22 6:31:00 PM
#20:


Hopefully not, and instead we make higher education free for all.
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EwokCommanda
08/24/22 6:40:12 PM
#21:


AloofHermit posted...
its not gonna be like money matters cause the USD is gonna collapse soon


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foreverzero212
08/24/22 6:43:33 PM
#22:


Free education just isn't feasible. We're all still paying off our k-12 public school loans. O wait.

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COVxy
08/24/22 6:43:57 PM
#23:


chrono625 posted...
it isnt.

there are already tons of scholarship programs to help under privileged individuals to receive either a free or severely discounted college education.

also; you dont HAVE to go to a university that costs 50k a year for undergraduates. There are many local colleges that cost a fraction of what a four year degree would cost at a prestigious university.

in NYS you can go to a CUNY and pay 40k or less for a bachelors as opposed to 100k+.

one major problem is young people are really stupid and impressionable. Theyd rather go to a party school and pay a premium than actually go to a school they can afford.

I don't think you understand how untenable even going to a cheap college is for some people.

I did it, but it was really fucking hard, and I still left with 20-30k of debt after undergrad.

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Bad_Mojo
08/24/22 6:44:57 PM
#24:


hockeybub89 posted...
We need to completely abolish loans and tuition

No, we need to lower the cost of education. It shouldn't cost $300 for a fucking text book

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chrono625
08/24/22 6:54:59 PM
#25:


COVxy posted...
I don't think you understand how untenable even going to a cheap college is for some people.

I did it, but it was really fucking hard, and I still left with 20-30k of debt after undergrad.

your comment stated that college was only for the rich.

as I said - financial aid/scholarships are available for those who are poor/impoverished. There are plenty of ways to get an affordable college education and leave with a bachelors degree whilst owing very little in loans.

its not just for the rich. The rich are going to schools that cost 50-70k a year. Yet we have families/children going to these schools cause they THINK they absolutely have to, while having absolutely zero business attending them due to the cost.

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COVxy
08/24/22 6:56:32 PM
#26:


chrono625 posted...
your comment stated that college was only for the rich.

as I said - financial aid/scholarships are available for those who are poor/impoverished. There are plenty of ways to get an affordable college education and leave with a bachelors degree whilst owing very little in loans.

Again, I'm speaking from experience here.

It is much harder, and much less feasible to walk away with no loans, then it seems from the outside looking in.

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chrono625
08/24/22 7:03:04 PM
#27:


COVxy posted...
Again, I'm speaking from experience here.

It is much harder, and much less feasible to walk away with no loans, then it seems from the outside looking in.

do you think I didnt go to college? Or that my wife didnt attend college and achieve her post graduates certifications and masters? Im not saying most people can walk away from college with zero debt. But you stated why should college only be for the rich? And thats an absolutely bogus claim.

we both made decisions that were financially viable to each of us. I went to a local college to get an associates and then attended trade school. I walked away with zero debt because of cost and grants for the two years.

my wife attended university for her bachelors, post grad received her 30 and above and eventually her masters. She has 5k left in student loans. She started with about 20-30k in total and thats including her masters degree. This was 10 years ago.

she didnt go and accumulate huge debt by going to a name brand university. She got her degrees at a local college and is currently 34 years old and recently received a promotion that gave her a 40k boost.


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s0nicfan
08/24/22 7:07:11 PM
#28:


Germany has free college and a graduation rate of roughly half what the US has.

Their secret? You basically get evaluated for competency in your early teens and tracked into a trade school right out of high school if you don't qualify.

In some countries like South Korea you can also get free tuition, but you need to pass extremely stringent tests to qualify.

None of the places that offer free University are just giving it to everybody. The argument that the only path forward for education in the US is making undergraduate free so that everybody can go not only ignores the reality that not everybody is qualified, but also conveniently ignores all the hoops that people in other countries that do have free tuition have to hop through.

I'll say what I've said before: if you're going to make University free, you should make it twice as hard so that having a degree still holds weight. Because the very next thing that would happen after University is made free is people would start complaining about biased graduation rates and standards across the board would be dragged down to address it, creating a situation where masters degrees just become the new bachelors and we're right back where we started.

Alternatively, since people constantly say that educating your populace is an investment, the set of degrees that are offered for free should rotate on a semi regular basis based on what careers are actually underrepresented in the country. That way everyone who gets their free degree can turn around and apply it in a place with high demand right away that benefits society. This would also include trade schools, meaning there may be years were the only free degrees offered are to blue collar trade schools. If you wanted to get a degree not in the list, then it's considered a selfish desire, a luxury, and you have to pay.

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COVxy
08/24/22 7:15:16 PM
#29:


Again, I think you don't understand the disparity that exists in the US. I was raised by a single mom, who then developed a debilitating neurodegenerative disease and couldn't work by the time I was 11. We were completely dependent on the state.

If I just went to university, our foodstamps and rent subsidies would have been cut down to like 1/3 of what they were.

I had to open my own social services case, funnel my benefits to my Mom's case. But going to university doesn't count as work, so I needed to be working full-time, immediately pretty much, or I would nor satisfy the work requirements. I ended up volunteering full time while going to uni full time, in order to maintain those benedits. Did that for a year before getting a job which could give me full time hours while accomodating my uni schedule.

Since I didn't ever have a car, or even anybody available to teach me how to drive, I needed to live on campus. Pell grants can cover a SUNY tuition when yoh have an EFC of 0, but living expenses, such as food and dorm are way out of tbe question.

Then on top of that, to do what I wanted to do, I needed to be putting in additionally close to full time hours in a lab, on top of full time class work and a full time job.

I got through it. Most would not. And I still have a fuck ton of student loans (about 3/5ths are from keeping up with cost of living during grad school).

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COVxy
08/24/22 7:18:34 PM
#30:


In other words, poor people should not have to work 10x as hard as anyone else to simply get the same opportunities as everyone else. Yes, it's possible to do it in the current system, but it absolutely should not be as hard as it is!

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B18Champ
08/24/22 7:24:00 PM
#31:


I would imagine it will happen again in the near future.

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Squall28
08/24/22 7:33:56 PM
#32:


foreverzero212 posted...
Free education just isn't feasible. We're all still paying off our k-12 public school loans. O wait.

Oh yeah man, k-12 is just the same as college. Why didn't I think of that? O wait.

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Questionmarktarius
08/24/22 7:40:09 PM
#33:


Maybe we need to get over the idea that an electrical engineer needs to study Chaucer and Van Gogh.
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foreverzero212
08/24/22 7:54:06 PM
#34:


Squall28 posted...
Oh yeah man, k-12 is just the same as college. Why didn't I think of that? O wait.
It sounds like you still haven't thought of that. Lemme kno when you do.

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Robot2600
08/24/22 7:55:00 PM
#35:


Questionmarktarius posted...
Maybe we need to get over the idea that an electrical engineer needs to study Chaucer and Van Gogh.

OR education could actually improve people's lives instead of just going to a vocational school to hammer out a certificate as quickly as possible.

I don't care if my electrical engineer or w/e has read Chaucer, but I DO care if my neighbor has read some. And my neighbor might be that engineer.

edit: also the poster implies electrical engineers have to do either of those things. they dont. you take what, MAYBE 12 hours of humanities electives in engineering? Yea, I think society needs some goddamn humanity, not more electrical engineers.

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