Joe Biden 2023: The Dark Brandon Rises

[fattyflattie 4639]

12 minutes ago, David Dennison said:

Imagine how much good we could do for them and their children if the bulk of government hand outs wasn't going to the middle and upper classes.

I would love nothing more than for them to eventually meaningfully contribute financially to society.  They can start by paying for someone randos college debt. 

[hobbes2702 13032]

@fattyflattie may not be on welfare, but he certainly fits the definition of trash.

[Brisketexan 105095]

3 minutes ago, fattyflattie said:

Maybe if everyone had your experience, they wouldn’t feel that way?  

The

Fucking

Point

Is

That

A 

Shitload

Of People

FUCKING DO HAVE THAT EXPERIENCE.

Including all the state university grads who falsely believe "I did it on my own.  No.  No you didn't, if you graduated before, say, 2000.

I got an education that was worth $50k, with a regular price of $20k, for $0.  So, I didn't do it on my own.  The PEOPLE supported me, to the tune of $50k (the full value of my education, including state subsidy and regular price for the student).  EVERYONE ELSE who went to UT when I did got an education worth $50k for $20k...so the PEOPLE supported them to the tune of $30k.

The taxpayers of the State of Texas invested a great deal in me and my peers, whether we went on a full ride or paid full freight.  That is no longer the case today.  TODAY, we can support those students by....covering some of their student loan debt.  In 1988, that was good policy.  Today, however, it's welfarefreeloadergrapekoolaidwelfarequeen!  The fucking stupidity.  It burns.

[Willfully Horn 8007]

5 minutes ago, hobbes2702 said:

@fattyflattie may not be on welfare, but he certainly fits the definition of trash.

IMO, the tax rate on higher earners is so low, welfare is is an apt analogy.

[Mdhorn 5948]

2 hours ago, fattyflattie said:

Meh.  Couple hundred bucks a year from people like me to know I'm not fucking welfare trash is worth it.   Can't imagine the mental gymnastics needed to sleep at night.  Then again, if easy shit like loan repayment couldn't be figured out, guessing deep thought in regards to ones true standing is probably a bridge too far. 

Agree--poor people in Kansas, Oklahoma, West Virginia and other mostly red states should be denied welfare.  Did I get this right?  That's going to be a lot of angry white folk, though, so you'll probably lose their votes in the foreseeable future

 

1 hour ago, gtown04 said:

Would tax cuts for the rich be buying votes or no? 

Nah, that's just more trickledown--doesn't count towards socialism.  Be careful now, some of those billionaires have socialized projects (sports stadiums, petroleum, even green energy is getting in on it, etc).    

[aggie08 21496]

49 minutes ago, fattyflattie said:

Guessing this freed up some good 12thman money for you, huh? cool, cool.

I'm serious, dude. You have literally ZERO real understanding of any of this, despite your passion. I don't claim to be an expert--far from it--but this shit is embarrassing for someone who prides themselves on work ethic. Fucking read something, man 

There are legitimate reasons to be opposed to student debt forgiveness...but the nonsense that you're rattling off is just regurgitated trite from someone slightly less lazy than you based almost purely on exploiting your feels. 

[fattyflattie 4639]

11 minutes ago, Willfully Horn said:

IMO, the tax rate on higher earners is so low, welfare is is an apt analogy.

Luckily for us, this is just a terrible opinion of yours.  I can't imagine what else the low earning takers could possibly ask for.  Was food, housing, and now college education not enough?  For existing?  For fucks sake. 

15 minutes ago, Brisketexan said:

The taxpayers of the State of Texas invested a great deal in me and my peers, whether we went on a full ride or paid full freight.  That is no longer the case today.  TODAY, we can support those students by....covering some of their student loan debt.  In 1988, that was good policy.  Today, however, it's welfarefreeloadergrapekoolaidwelfarequeen!  The fucking stupidity.  It burns.

Cool, so you could see how that since I missed that window, and am now paying for college for a third time in 20 years, someone in that timeframe would not be happy about it?  Tack on the fact its partisan af and there you have it.  

20 minutes ago, hobbes2702 said:

@fattyflattie may not be on welfare, but he certainly fits the definition of trash.

Lol.  Call me what you want, I could not care less if I tried.  But not being able to make my bills because tuition is so unfair!  is one you can't have.   

[fattyflattie 4639]

5 minutes ago, aggie08 said:

There are legitimate reasons to be opposed to student debt forgiveness...

Don't. Enter. Debt. You. Can't. Handle.  

The govt. is picking winners and losers in a very partisan fashion.  Something everyone of you motherfuckers has whined about as long as I've been on these boards.  The fact it's loaded up votes for your party this time makes it OK.  I would feign surprise, but come on. 

[Mdhorn 5948]

20 minutes ago, Mdhorn said:

Agree--poor people in Kansas, Oklahoma, West Virginia and other mostly red states should be denied welfare.  Did I get this right?  That's going to be a lot of angry white folk, though, so you'll probably lose their votes in the foreseeable future

 

Nah, that's just more trickledown--doesn't count towards socialism.  Be careful now, some of those billionaires have socialized projects (sports stadiums, petroleum, even green energy is getting in on it, etc).    

Fuck my reading skills.  Apologies to the board and fatty. 

Edited August 21, 2023 by Mdhorn

[Brisketexan 105095]

1 minute ago, fattyflattie said:

Cool, so you could see how that since I missed that window, and am now paying for college for a third time in 20 years, someone in that timeframe would not be happy about it?

You are pissed.....because a shitty policy (saddling students with debt instead of providing them with a low-cost, high-quality degree) has SOME resolution for some people (what we often call "a start")?  In short, "I got fucked, so now way will I support some people getting unfucked."  That's one of the shittiest ways of being a human being imaginable.

2 minutes ago, fattyflattie said:

Tack on the fact its partisan af and there you have it.  

When good policy gets drowned out because it's "partisan af," that's the motherfucking problem.  There are PLENTY of good policy ideas that have come from people in a party I currently despise (see, e.g., GWB's approach to immigration (it was common-sense, realistic, and evenhanded), and Mitch McConnell's support of military aid to Ukraine, as just two high-profile examples).  I don't care who advances a policy - does the policy make sense, and advance the overall good while striking the appropriate balance?

[fattyflattie 4639]

1 minute ago, Brisketexan said:

In short, "I got fucked, so now way will I support some people getting unfucked."  That's one of the shittiest ways of being a human being imaginable.

Easy to say while starting off with an advantage most didn't have, I can only assume.  Me, I've already paid for college a couple of times.  But I'll take your word for it while you stand on that pulpit.  

2 minutes ago, Brisketexan said:

When good policy gets drowned out because it's "partisan af," that's the motherfucking problem.  There are PLENTY of good policy ideas that have come from people in a party I currently despise (see, e.g., GWB's approach to immigration (it was common-sense, realistic, and evenhanded), and Mitch McConnell's support of military aid to Ukraine, as just two high-profile examples).  I don't care who advances a policy - does the policy make sense, and advance the overall good while striking the appropriate balance?

I agree.  Politics is what it is.  I hope the other side has something down the line.  Until then, I'll just keep paying for every fucking Democrat's tuition. 

[wildcat09 29349]

I don't know why y'all are trying to convince the school shootings enthusiast why he should support student loan forgiveness. Even Sack at his worst isn't as much of a selfish piece of shit as fatty is.

[Biff Tannen 45673]

1 hour ago, Brisketexan said:

That's one of the shittiest ways of being a human being imaginable.

We established long ago he is exactly that.

[aggie08 21496]

7 minutes ago, fattyflattie said:

Easy to say while starting off with an advantage most didn't have, I can only assume.  Me, I've already paid for college a couple of times.  But I'll take your word for it while you stand on that pulpit.  

I agree.  Politics is what it is.  I hope the other side has something down the line.  Until then, I'll just keep paying for every fucking Democrat's tuition. 

[Brisketexan 105095]

3 minutes ago, fattyflattie said:

Easy to say while starting off with an advantage most didn't have, I can only assume.  Me, I've already paid for college a couple of times.  But I'll take your word for it while you stand on that pulpit.  

The bolded....for fuck's sake, that's my goddamned point.  I don't want other people to have an opportunity to get a high-quality low-cost education because I feel GUILTY that I got one.  I feel that way because it's good policy.  One that yes, I saw firsthand.  The State of Texas made an (all things considered, relatively small) investment in me....and it has paid the state back 100-fold.  I am a human being.  I am an INVESTMENT, not a COST.

And the same is true for you.  And every other person in this state.  I don't want you NOT to get a break on college costs.  I want you TO get that break.  Imagine how much more you could have contributed to our economy if you weren't diverting a large amount of money to paying for college, or paying off college debt. 

6 minutes ago, fattyflattie said:

I hope the other side has something down the line.  Until then, I'll just keep paying for every fucking Democrat's tuition. 

....and a shitload of Republicans.  I mean, I know it's a cool fantasy to believe that only Dems take out student loans, but it's utterly divorced from reality.  I guarantee you that thousands of people who regularly vote Republican just had a portion of their student loans forgiven.

And "you hope that the Republicans have something down the line."  They don't.  Because fundamentally, the party views human beings as an expense item, not a capital asset to be invested in.  You've dealt with assets before.  The ones that are treated solely as an expense.....they get run into the ground and burned up a lot faster than the ones that are treated as capital assets with investment value.  When it comes to our performance as a society made up of people....the difference in productivity is strongly related to whether we treat people like an expense, or an investment.

[fattyflattie 4639]

7 minutes ago, Brisketexan said:

The bolded....for fuck's sake, that's my goddamned point.  I don't want other people to have an opportunity to get a high-quality low-cost education because I feel GUILTY that I got one. 

Another way to put it; a few winners, and a whole bucket of losers. Policy in pure partisan fashion. Quantifiable losses.  

Suzy not being depressed anymore because she couldn’t handle adult life has not a fucking iota of shit to do with me.  Well, other than wiping their ass with, then lighting my tax contributions on fire.  

 

[Grade of D as in David 13253]

5 hours ago, Incredulity said:

crimes like not paying his, "fair share" of income taxes?

Those kind of crimes???

I thought not paying taxes made you smart?

[wildcat09 29349]

15 minutes ago, Brisketexan said:

And "you hope that the Republicans have something down the line."  They don't.  Because fundamentally, the party views human beings as an expense item, not a capital asset to be invested in.  You've dealt with assets before.  The ones that are treated solely as an expense.....they get run into the ground and burned up a lot faster than the ones that are treated as capital assets with investment value.  When it comes to our performance as a society made up of people....the difference in productivity is strongly related to whether we treat people like an expense, or an investment.

Brisket, man, look at who you're talking to. You're just giving him reasons why he needs to murder all his neighbors and illegally cast votes in their names for the GOP.

[Brisketexan 105095]

1 minute ago, fattyflattie said:

Well, other than wiping their ass with, then lighting my tax contributions on fire.  

So, your position is that the people we are talking about in this particular case.....people who 1) have been working, and earning actual money (income is part of the formula here), and 2) have PAID at least 20 years worth of loan payments.....are using the remaining money that they no longer have to repay to "wipe their ass with, then lighting it on fire."

Source?

Is that what YOU would do with, say, $15k that you were going to pay towards debt, but it just got forgiven?  I presume not.  So, why do you presume that all these other people, who...again, have been working and diligently paying their loans for at least 20 years, would be different than you?

[Incredulity 11665]

2 minutes ago, Grade of D as in David said:

I thought not paying taxes made you smart?

Filing a return with deductions allowed under the tax code vs. omitting income from foreign entities you shook down

 

see if you can identify the difference 

[Grade of D as in David 13253]

3 hours ago, Longhorn_Fan68 said:

that's all the GOP is. a giant turd of accusations and no self relfection. they're the super greasy and obese guy hitting on the hottest women in the bar. and they believe those women are skanks and whores because they won't go home with them

I don't get why people disparage skanks and whores. As a greasy and obese guy, the skanks and whores are the ones who WILL go home with me 

[Grade of D as in David 13253]

2 hours ago, gtown04 said:

Would tax cuts for the rich be buying votes or no? 

No, those are repayment for campaign donations.

[David Dennison 18854]

39 minutes ago, fattyflattie said:

Don't. Enter. Debt. You. Can't. Handle.  

The govt. is picking winners and losers in a very partisan fashion.  Something everyone of you motherfuckers has whined about as long as I've been on these boards.  The fact it's loaded up votes for your party this time makes it OK.  I would feign surprise, but come on. 

Oh, like corporations and banks?

1 hour ago, fattyflattie said:

I would love nothing more than for them to eventually meaningfully contribute financially to society.  They can start by paying for someone randos college debt. 

Most of the people you're talking about have one or more jobs.

[fattyflattie 4639]

5 minutes ago, Brisketexan said:

are using the remaining money that they no longer have to repay to "wipe their ass with, then lighting it on fire."

Apologies for not being clear.  I feel that is what the govt is doing with this bailout.   I'd rather them do something constructive - go buy the army some $10k hammers or something. 

[StassneyHorn 6575]

Real banner effort put in today by Surly’s bootstrap brigade.

Between not understanding and reading the links about Hunter Biden that Incredulity found during his morning Irish Coffee, and now fatty being guilty of the things he bitches at student loan borrowers for (no comprehension of the agreement he signed or that it was subsidized by taxes), we’re lucky nobody realized the irony of their situations and head exploded while typing.

 

[jimmyjazz 45898]

Such a classic, ignorant take by respected bootstrapper Coach Hayden Fox:

"I've been on foodstamps and welfare, anybody help me out?  No."

 

[F250 28767]

1 hour ago, Brisketexan said:

Today, however, it's welfarefreeloadergrapekoolaidwelfarequeen!  The fucking stupidity.  It burns.

Well, you fail to see that it is detrimental to society for citizens to receive a high education.

[Willfully Horn 8007]

56 minutes ago, fattyflattie said:

Luckily for us, this is just a terrible opinion of yours.  I can't imagine what else the low earning takers could possibly ask for.  Was food, housing, and now college education not enough?  For existing?  For fucks sake. 

I am more concerned with debt service. Limited tax dollars poorly spent. I point to the post WWII precedent, and tax rates of 90+% to pay the national bills.

 

[YGIFS 19450]

3 minutes ago, Willfully Horn said:

I am more concerned with debt service. Limited tax dollars poorly spent. I point to the post WWII precedent, and tax rates of 90+% to pay the national bills.

 

But remember, everything was deductible including said whores and skanks.  

[fuggled 576]

4 hours ago, fattyflattie said:

You don’t understand what I was saying?  Let me help.  Apparently, we have a bunch of people who can take out loads of debt, but not fulfill their end of the bargain. Stupid, lazy, hell, you pick the reason why.  Can’t get rights.  No matter what they do, they cannot get their shit in order.  Our president, in a pretty brilliant political move, has purchased the votes of these walking albatrosses of society for the foreseeable future.  While throwing a middle finger to those who were able to crack the incredibly difficult case of…paying our bills.  Politically, an outstanding move.  A class of college educated welfare queens straight ticket voting D for the foreseeable future. So, the D’s really don’t need the lovey dovey bullshit anymore, just write the free shit army another fucking check and be done with it. 

I think you should take a closer look at the debt relief plan that has you so upset.  Here's the gist:

• People enrolled 20+ years ago in repayment plans with the agreement that their loans would be forgiven once they pay for 20 years
• These people paid for 20+ years
• Because of administrative screw ups, those people didn't get credit for their payments and had to keep paying well beyond the 20 year mark with no clear target on when their loans would be forgiven
• Biden's plan is forgiving the loans of those people if they've already paid for 20 years

In other words, these people upheld their end of the bargain but the plan administrators screwed up.  Biden's plan is correcting that.  Why is this such an injustice in your mind?

 

More info:  https://abcnews.go.com/Politics/biden-administration-begins-wiping-student-loan-debt-804000/story?id=102264052

[Incredulity 11665]

17 minutes ago, Willfully Horn said:

and tax rates of 90+% to pay the national bills.

[hornmpa96 2618]

The only item that I dislike about the current student loan forgiveness plan is that it does nothing to fix the problem going forward. For the borrowers impacted, it will certainly be beneficial and should provide some amount of economic stimulus.

All of the other issues with education discussed today (excessive cost, lack of govt support, lack of disclosures to student about the actual cost and ability to repay said loans, predatory for-profit institutions, etc.) are kicked down the road for the next group of borrowers. Unfortunately today’s climate prevents people in government from actually working to find a solution. 

 

[Willfully Horn 8007]

3 minutes ago, Incredulity said:

Half a trillion here, half a trillion there, pretty soon you’re talking real money.

 

[jimmyjazz 45898]

This "fix" corrects an egregious failure of THE GOVERNMENT to uphold these contracts.  It's not free school for everyone.  @Incredulity and @fattyflattie are revealing themselves once again to be the low intellect monkeys we all know they are.  Congratulations, boys, maybe read once in awhile.

[Incredulity 11665]

5 minutes ago, jimmyjazz said:

This "fix" corrects an egregious failure of THE GOVERNMENT to uphold these contracts.  It's not free school for everyone.  @Incredulity and @fattyflattie are revealing themselves once again to be the low intellect monkeys we all know they are.  Congratulations, boys, maybe read once in awhile.

I always enjoy a condescending lecture on ready from someone who hasn’t even read the thread they are commenting on.  I haven’t said a thing about loan forgiveness. Putz

[ConferenceRoom 6141]

Oh, that’s right. You were being a shit for brains moron about something else. Good spot. 

[jimmyjazz 45898]

1 hour ago, Incredulity said:

I always enjoy a condescending lecture on ready from someone who hasn’t even read the thread they are commenting on.  I haven’t said a thing about loan forgiveness. Putz

My bad.  I'm so used to you being a completely clueless shitbag that I sometimes overlook the rare moments when you don't comment on something with your usual egregious ignorance.

[Incredulity 11665]

27 minutes ago, ConferenceRoom said:

Oh, that’s right. You were being a shit for brains moron about something else. Good spot. 

[Incredulity 11665]

Just now, jimmyjazz said:

My bad.  I'm so used to you being a completely clueless shitbag that I sometimes overlook the rare moments when you don't comment on something with your usual egregious ignorance.

Good for you.  Proud of ya.  You’re doing so good.

[ConferenceRoom 6141]

1 hour ago, Incredulity said:

What kind of name is Incredulity, anyway? 

[elfenix 34230]

4 hours ago, TwiceHorn said:

One small point of order.  Medical debt is often scheduled in personal bankruptcies and often is a huge portion of non-mortgage/unsecured debt.

But having done personal bankruptcies for a while, medical debt (and also the typically associated time off work or job loss) is just the wake-up call for people who have unsustainable personal finances.  The financial moment of clarity, so to speak.  In many or most cases, they were prime candidates for personal bankruptcy before the medical expenses.

That may have changed a bit more recently, I think @elfenix can confirm or deny.

i don't do bankruptcy anymore, did ~50 or so over a 10 year period so we weren't exactly a bankruptcy heavy shop.  i never really perceived a through-line.  you're supposed to list all your debt so if you were making payments (or, more likely, not making payments) for one thing (other than mortgage, car, and student loans) you were probably doing the same for a lot of things.  most people did have some sort of trigger for bankruptcy, whether that was a divorce, maybe cleaning up debt before getting married, an illness that caused an inability to work, lost a job for whatever reason, failed business with personal guarantees, etc.  i'd say most people were gainfully employed. we weren't inexpensive and really didn't advertise bankruptcy services so there's a selection bias in who i was seeing come through the door. 

[gmr548 16576]

4 hours ago, Willfully Horn said:

IMO, the tax rate on higher earners is so low, welfare is is an apt analogy.

What's classy when you're rich and trashy when you're poor?

Handouts from the government.

[Incredulity 11665]

13 minutes ago, ConferenceRoom said:

What kind of name is Incredulity, anyway? 

Comanche Indian

[PenelopeWitherspoon 19100]

4 hours ago, fattyflattie said:

Luckily for us, this is just a terrible opinion of yours.  I can't imagine what else the low earning takers could possibly ask for.  Was food, housing, and now college education not enough?  For existing?  For fucks sake. 

Cool, so you could see how that since I missed that window, and am now paying for college for a third time in 20 years, someone in that timeframe would not be happy about it?  Tack on the fact its partisan af and there you have it.  

Lol.  Call me what you want, I could not care less if I tried.  But not being able to make my bills because tuition is so unfair!  is one you can't have.   

 

4 hours ago, fattyflattie said:

Don't. Enter. Debt. You. Can't. Handle.  

The govt. is picking winners and losers in a very partisan fashion.  Something everyone of you motherfuckers has whined about as long as I've been on these boards.  The fact it's loaded up votes for your party this time makes it OK.  I would feign surprise, but come on. 

 

4 hours ago, fattyflattie said:

Easy to say while starting off with an advantage most didn't have, I can only assume.  Me, I've already paid for college a couple of times.  But I'll take your word for it while you stand on that pulpit.  

I agree.  Politics is what it is.  I hope the other side has something down the line.  Until then, I'll just keep paying for every fucking Democrat's tuition. 

 

3 hours ago, fattyflattie said:

Another way to put it; a few winners, and a whole bucket of losers. Policy in pure partisan fashion. Quantifiable losses.  

Suzy not being depressed anymore because she couldn’t handle adult life has not a fucking iota of shit to do with me.  Well, other than wiping their ass with, then lighting my tax contributions on fire.  

 

 

3 hours ago, fattyflattie said:

Apologies for not being clear.  I feel that is what the govt is doing with this bailout.   I'd rather them do something constructive - go buy the army some $10k hammers or something. 

Just thought I would put all of fatty's cuntiness together.  Stop arguing with him.  He is useless.

[atomheartbevo 89648]

On 8/20/2023 at 8:16 AM, Bookman said:

It's a lazy Sunday morning in August 2023. I have my air conditioning on full blast at 8:15 a.m., Donald Trump is miserable, I have the Georgia indictment open, and I'm drinking my coffee dark.

[elfenix 34230]

7 hours ago, fattyflattie said:

I've always, unequivocally been a proponent of following our firearm laws.  

Your opinion.  I feel exactly the same about you.  That's sort of how that deal works. 

Justify it how you want.  It's buying votes.  And "recent college grads" is misleading af.  There's several posters on here that are getting the benefit that aren't "recent" grads.  And in what world is gaining 3% of any demo with your oppositions tax dollars not worth noting?

wait wait wait wait wait... the people getting benefit right now are people that, when they signed up and as terms of the loan, the government agreed that if those people used an IDR plan and made 20 years of payments they would have their loans forgiven.  the people getting loans forgiven right now are people who complied with terms of the agreement as it was written but because of various fuckwaddery in the byzantine system that is the student loan bureaucracy in this country they had been denied the benefit of the contract that they entered into. 

now, i know this won't cause you any sort of reflection that maybe you need to reconsider things.  you'll just be onto the next ill-considered conservative grievance about takers tomorrow. 

[TwiceHorn 31450]

1 hour ago, elfenix said:

i don't do bankruptcy anymore, did ~50 or so over a 10 year period so we weren't exactly a bankruptcy heavy shop.  i never really perceived a through-line.  you're supposed to list all your debt so if you were making payments (or, more likely, not making payments) for one thing (other than mortgage, car, and student loans) you were probably doing the same for a lot of things.  most people did have some sort of trigger for bankruptcy, whether that was a divorce, maybe cleaning up debt before getting married, an illness that caused an inability to work, lost a job for whatever reason, failed business with personal guarantees, etc.  i'd say most people were gainfully employed. we weren't inexpensive and really didn't advertise bankruptcy services so there's a selection bias in who i was seeing come through the door. 

Yeah, just that research, I think by Liz Warren, pointing to medical debt as a big cause of bankruptcy I found a bit suspect based on my observations.  Contributor, sure, but cause, nah.  

My experience was somewhat similar to yours.  We tried to hold ourselves out as a small business firm and a lot of the people I bk'ed were failed business owners.

[mchookem 16327]

9 hours ago, fattyflattie said:

You don’t understand what I was saying?  Let me help.  Apparently, we have a bunch of people who can take out loads of debt, but not fulfill their end of the bargain. Stupid, lazy, hell, you pick the reason why.  Can’t get rights.  No matter what they do, they cannot get their shit in order.  Our president, in a pretty brilliant political move, has purchased the votes of these walking albatrosses of society for the foreseeable future.  While throwing a middle finger to those who were able to crack the incredibly difficult case of…paying our bills.  Politically, an outstanding move.  A class of college educated welfare queens straight ticket voting D for the foreseeable future. So, the D’s really don’t need the lovey dovey bullshit anymore, just write the free shit army another fucking check and be done with it. 

he mad lol

[Pancho 44757]

4 hours ago, hornmpa96 said:

The only item that I dislike about the current student loan forgiveness plan is that it does nothing to fix the problem going forward. For the borrowers impacted, it will certainly be beneficial and should provide some amount of economic stimulus.

All of the other issues with education discussed today (excessive cost, lack of govt support, lack of disclosures to student about the actual cost and ability to repay said loans, predatory for-profit institutions, etc.) are kicked down the road for the next group of borrowers. Unfortunately today’s climate prevents people in government from actually working to find a solution. 

 

Well the government (in some states) HAS found a solution—they are stopping their support and attacking education culturally, none of which makes sense. This, combined with buildings that need updating, updating campus infrastructure to be usable in the year 2023, lawsuits against a college/university, and enrollment increases/decreases, is what makes tuition rise. I know this board (and others) like to blame administrative bloat, but the salaries of administrators pales in comparison to how much the other stuff costs.

There isn’t a lack of a disclosure about how much higher ed cost. Colleges and universities have actually done a better job over the last 10 years in breaking down tuition bills and removing some junk fees that were auto generated to every student’s bill. The problem is FAFSA, and even they have made it a bit easier to fill out the form. They are still the issue, imo.

Another problem is the interest rates with the loans. Loans themselves are fine, but the interest should be a set at 0 (or 1 or 2 if they just have to make money). You shouldn’t pay your loans on time for 10 years and then see the balance go up. That’s a problem. From my experience in higher ed, students are well aware they have to pay them back. They all believe they will be able to get a job that will help them do that. Another problem is the lack of jobs in nearly all sectors for recent grads thanks to older adults staying in their jobs longer and just things in the country being generally more expensive, especially housing. 

I’d also argue a good chunk of students take out loans to pay for school thinking they will hit it big via the influencer route and be able to pay it back sooner. I’ve seen that come up A LOT over the last 5 years. 

 

[Pancho 44757]

Also, I had all of my loans forgiven back in April. It was about $116,000. 

I had no problem paying them back but because of the industry I chose, the government said “we thank you for giving back so here’s a gift for you.” I don’t see what the issue is here, seeing as how a certain segment of this website likes to ridicule people not being able to find a job because of the major they chose.