Current Events > So student loans are getting interest again in 2 weeks roughly. Let's talk.

(+) Yeah! (+)

I'm paying the minimum and the rest of it will be gone in twenty years.

The minimum, they belong to my wife but she is SAHM. It's a damn shame to me that we create a burden of debt for those who get educated in order to provide themselves better opportunities for advancement in this world.

This is what republicans wanted

I'm paying the minimum and the rest of it will be gone in twenty years.

Don't have any student loans.. Went to a community college for a couple semesters but between going to school full time and working full time I couldn't do both. Didn't want any debt so I just kept working and quit school.

While it sucks that student loans are a thing, I'm not in favor of just wiping them out or reducing them just because. Not a Republican, either, for whatever that's worth. Not even a conservative. It's crazy to me to lump all of these things together like you are this just because you believe that. It's nuts.

Also, what's going to happen to the people taking out loans now?

It's not just because. Many were victims of predatory loan servicers and bad policy that was never implemented well. This is besides the point of its a travesty that we burden people with debt for bettering themselves and looking to maximize their marketability, especially when we have this fascination for the meritocracy.

No one should have to take out loans for school, its a damn shame. College costs need to come down across the board and we should be looking to maximize quality to compete with other leading nations but no, we are going to continue to saddle people with debt and make higher education less affordable as our society continues to require higher and higher credentialing.

While I get what you're saying I still think there's an element of personal responsibility you're not addressing.

Take my sister for example. She worked hard and was fortunate to be selected as a student at our local early college highschool. She graduated highschool with an associates degree.

She decided after graduation to go to an expensive private college. Tens of thousands dollars per semester. Could have gotten the same degree at a state school and saved tons of money. She took out loans, of course, and constantly bitches about paying them back. Whenever I mention it was her decision I get the death stare... But it's true. All that and at one point I made more than her with no degree. The only reason I make less now is I took a way different job to be home more with my wife and kids.

So, while I get that there are different situations I also feel that people need to be held responsible for their own choices. Just my opinion...

It's a shitty opinion

While I get what you're saying I still think there's an element of personal responsibility you're not addressing.

Take my sister for example. She worked hard and was fortunate to be selected as a student at our local early college highschool. She graduated highschool with an associates degree.

I'm sure it sounds like I'm heartless and don't care

If all you have is personal anecdotes and appeals to "fairness" then maybe you should just stop talking.

Nobody gives a fuck about you and your sister feeling slighted. How about instead we worry about the millions of households living paycheck to paycheck that might get thrown to the streets and cause an economic meltdown because of these loans.

You are literally telling us to take your sisters feelings into account over families losing homes.

It doesn't merely sound like you are a heartless monster, you are one.

Got it. Someone makes a decision and doesn't want to honor that decision and expects someone else to pay for their choice. Copy that. And you can't even address that point.

Got it. Someone makes a decision and doesn't want to honor that decision and expects someone else to pay for their choice. Copy that. And you can't even address that point.

Because I care about the state of the economy and homelessness not your dumb sisters fucking feelings. There is no point to address. What you perceive as being fair or unfair is irrelevant.

So my perception/opinion isn't valid, but yours is?

Anyway, I think we're going to have to agree to disagree here. I'm not changing my mind because I don't see any compelling reason to. And I don't think your going to change your mind, either. So, for whatever it's worth, thanks for the debate.

I wonder how many people will sort of go on this route, except replace "gone in twenty years" with "there will be another movement (successful this time) for forgiveness so I'll be a sucker to pay more than the bare minimum".

While I get what you're saying I still think there's an element of personal responsibility you're not addressing.

Take my sister for example. She worked hard and was fortunate to be selected as a student at our local early college highschool. She graduated highschool with an associates degree.

She decided after graduation to go to an expensive private college. Tens of thousands dollars per semester. Could have gotten the same degree at a state school and saved tons of money. She took out loans, of course, and constantly bitches about paying them back. Whenever I mention it was her decision I get the death stare... But it's true. All that and at one point I made more than her with no degree. The only reason I make less now is I took a way different job to be home more with my wife and kids.

So, while I get that there are different situations I also feel that people need to be held responsible for their own choices. Just my opinion...

went into a trade complains about how patently unfair it is, we're told we should just be happy for the ones who benefit or whatever.

https://www.morningbrew.com/daily/stories/2023/08/10/colleges-are-spending-money-they-don-t-have
Not-Forbes this time.

Colleges see easy loans as a magic money spigot, and increase tuition, which means more loans, which means more tuition increases. Cut off the easy money, and this corrects itself.

Like I said, I need to do more research.

I took out a loan for 2 remaining semesters and worked like 60-70 hours to pay them off and I think your opinion sucks. People shouldn't be punished for taking out predatory loans and interest way over what was borrowed.

Hey, @Enderknight17 , how on board are you with the Bible and being Christian?

Honest question. I'm just checking in to see if something tracks with the logic you're laying down before I say anything else.

Interesting article. I was especially drawn to the coaches salary increases. I've read that some schools charge a "sports" fee to their students every year. I need to read more about this but that's crazy to me... I'm all for athletics, don't get me wrong. But maybe not at expense of other students and their costs subsidizing the salary of coaches etc. Like I said, I need to do more research.

I'm not a Christian. I have no idea what that has to do with anything, but feel free to share your views.