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Replies: 22
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Playmaker [368]
TigerPulse: 96%
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Student loans
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Mar 26, 2025, 4:49 PM
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Personally I believe that the Federal Government needs to get out of the student loans business.
Tuition seems to have risen a lot after the government backed loans began years back.
The Government has no business canceling loans while issuing new ones each semester. There is no plan, just endless fights over student debt.
Honestly a lot of folks should not be even in college, just partying and wasting dollars. Plus a degrees worth keeps getting watered down as more are handed out. More of a pool, less they pay.
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National Champion [7817]
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Re: Student loans
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Mar 26, 2025, 5:17 PM
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The fed govt getting out of the student loan business would be the single quickest way to lower costs for students as this endless supply of govt cash has allowed colleges to basically charge whatever they want. Wonder why one particular party would have a hissy fit if something that would immediately and permanently lower college costs for everyone were to happen. I'll leave that to the usual board geniuses to debate.
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Orange Elite [5455]
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Or you could just reduce the maximum amount of student loans
Mar 26, 2025, 5:33 PM
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and force capitalism to work and the colleges to make their costs work within the student loan caps.
But getting out completely will just deny access to poor students.
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Playmaker [368]
TigerPulse: 96%
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Re: Or you could just reduce the maximum amount of student loans
Mar 26, 2025, 5:53 PM
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Still does not sway my opinion that the federal government should be out of student loans. Certainly not for private institutions and certainly not for nonsensical degrees that barely will cover living expenses much less paying back the loan.
The private sector can fill the void and take the risks, taxpayers not so much.
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Playmaker [368]
TigerPulse: 96%
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Re: Or you could just reduce the maximum amount of student loans
Mar 26, 2025, 6:01 PM
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The real root issue is a segment of the population feels a University degree is a right, that would be wrong thinking.
A degree does not even mean that the holder is smart. It just means they could pass the required minimum in certain areas.
In my time I have met many a college educated dunce.
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Playmaker [368]
TigerPulse: 96%
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Re: Or you could just reduce the maximum amount of student loans
Mar 26, 2025, 6:01 PM
[ in reply to Re: Or you could just reduce the maximum amount of student loans ] |
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The real root issue is a segment of the population feels a University degree is a right, that would be wrong thinking.
A degree does not even mean that the holder is smart. It just means they could pass the required minimum in certain areas.
In my time I have met many a college educated dunce.
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Orange Elite [5455]
TigerPulse: 44%
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Playmaker [368]
TigerPulse: 96%
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Re: Yes, we get it that you want to go back to a world where the poor
Mar 26, 2025, 6:38 PM
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A college degree is no promise of improved lives. Drowning in debt is no way to live in case you did not know. I was poor myself, did not stay poor.
Many jobs pay more than ones that need a degree. Heck, I did 7 semesters at $75 a semester to get qualified to test for a federal licensure.
Average wage in US is $80k -$120k in that field. I made a choice to work overseas and let us say that life is good. Retired at 55, never needing to ever work again. I did for 7 years, lot more hours in a week than I could be on the golf course or lakes.
Point is University is not for everyone nor is it the end all be all in becoming very comfortable.
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Orange Elite [5455]
TigerPulse: 44%
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But most people who do lift themselves out of poverty do so through
Mar 26, 2025, 6:51 PM
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education.
You're asking to remove the greatest creator of the middle class.
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Playmaker [368]
TigerPulse: 96%
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Re: But most people who do lift themselves out of poverty do so through
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Mar 26, 2025, 7:02 PM
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I am saying that a very expensive University degree is maybe not the way to go.
Trades and technical schools offer low cost high wage career paths without crushing student debt.
Debt that must be paid back by the one that did the borrowing.
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Ultimate Tiger [35150]
TigerPulse: 100%
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Student loan debt is the greatest creator of the middle class?...
Mar 26, 2025, 8:38 PM
[ in reply to But most people who do lift themselves out of poverty do so through ] |
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There is a clear correlation between the easy access to a lot of student loan money and the rising cost of a college education.
Instead of focusing on student loans, forgiving them, etc...all of the pressure ought to be a public universities and their return to their basic mission, which is educating the people of their given state. Universities need to recalibrate and drastically reduce non-teaching overhead and expenses. Then we wouldn't need the level of student loans that we have now and so many graduates wouldn't be saddled with the equivalent of a mortgage payment but with no house.
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Orange Elite [5455]
TigerPulse: 44%
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Education is the greatest creator of the middle class
Mar 26, 2025, 8:59 PM
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but I will gladly support you if you're going to promote increased education funding.
But I have a feeling you don't truly believe the government should be paying more to K-12 schools and colleges.
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Ultimate Tiger [35150]
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No, I think the first step is to cut the cost of state University...
Mar 26, 2025, 9:26 PM
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was that not clear from my previous post?
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CU Medallion [18396]
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Re: Yes, we get it that you want to go back to a world where the poor
Mar 28, 2025, 3:33 PM
[ in reply to Re: Yes, we get it that you want to go back to a world where the poor ] |
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I agree that college is not for everyone. I know many welders and construction people that went to classes while they worked and are now knocking down $100K to $150K a year.
I have one grandson in college and one grandson working and going to pipe fitter classes. And knowing the two, they made the right choices. Neither one will have a student loan to pay back.
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Game Changer [2042]
TigerPulse: 97%
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Its not just poor people, MAGA despises education
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Mar 26, 2025, 8:26 PM
[ in reply to Yes, we get it that you want to go back to a world where the poor ] |
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and intelligence in general. That’s why they elected Trump in the first place, and support getting rid of the Dept of Education, student loans, attack and pull funding from colleges, anything they can to make it difficult to go to college.
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Tiger Titan [48920]
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You're both off here
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Mar 26, 2025, 8:54 PM
[ in reply to Or you could just reduce the maximum amount of student loans ] |
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And Budget NC_Tiger is way off because he never knows history.
The fed DID privatize loans in 1996 and we're still feeling the disastrous results. It gave rise to the real culprits of college cost increase, and the fed scrambled to fix it but has just fumbled the results in the process. Biden's defeated attempt to forgive loans was short-sighted and dumb; it just tried to put a Band-Aid on a bullet wound.
The real culprit of rising student loan costs are college administrators and boards of trustees. They saw this #### up as an opportunity to jack up prices and then pay themselves ridiculous salaries and raises. Oh, and make up jobs for family members (I see you, Pres. Barker).
In 2004, Clemson fully committed to this ploy and fired the CFO who objected. Prices skyrocketed and continued to climb as they gave themselves 50 percent or more raises on top of already comfortable salaries. South Carolina, which is always Clemson's little brother and has to copy us in everything, soon realized what they were missing out on and did the same. They even copied Clemson's little scam bridge program to bleed more students dry just like we were.
Until state governments put their feet down (and good luck since they're all so in bed with boards of trustees) and start prosecuting (yeah, I said that right) public college admins for abusing the system to live like pigs off poor kids, this problems isn't going away. Fed involvement or not.
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Playmaker [368]
TigerPulse: 96%
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Re: You're both off here
Mar 27, 2025, 6:51 AM
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I must not have been clear, I am for no federal student loans directly from government. I am also saying the government should not backstop private loans. Nothing, nad, zilch.
Yes, universities built and included lots of perk buildings in their plans to entice students. Yes they also paid themselves and faculty.
Take away that federal money then states/universities must get costs down to fill up all those buildings.
Thing is kids may be FAR better off going to little to no debt tech/trade schools. I read an article on university enrollment, kids/parents may be figuring this out already as it is down across the country.
I just know it is insanity to discuss wiping out student debt while issuing more each semester backed by taxpayers. I say taxpayers but since we must borrow$1t-$2t a year it makes it even worse.
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Tiger Titan [48920]
TigerPulse: 100%
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Re: You're both off here
Mar 27, 2025, 7:11 AM
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I just know it is insanity to discuss wiping out student debt while issuing more each semester backed by taxpayers. I say taxpayers but since we must borrow$1t-$2t a year it makes it even worse.
Agreed. Again, that's just a Band-Aid on a bullet wound and compounds the situation.
What needs to happen is holding public university officials accountable.
There's my anti-leftist opinion, which, a reminder, as I predicted, you ran away just like everyone else when I challenged you to prove I was leftist. And what was your old username?
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Playmaker [368]
TigerPulse: 96%
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Re: You're both off here
Mar 27, 2025, 7:26 AM
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My old user name? That would be for you to guess, it is not really important.
May have confused you with PBT on the leftist thing. If so I do apologize.
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National Champion [8054]
TigerPulse: 95%
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If the government is involved it will get
Mar 27, 2025, 5:24 PM
[ in reply to You're both off here ] |
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ufcked up, guaranteed.
The gov't should be out of it and should never have gotten involved. Capitalism will work when the schools figure out they have to provide a quality service at an attainable price. The government should have zero role in that playing out.
And, giving away a bunch of degrees with hyper grade inflation and in majors where no jobs exist doesn't help the poor reach the middle class.
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Playmaker [368]
TigerPulse: 96%
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Re: If the government is involved it will get
Mar 27, 2025, 5:43 PM
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To put the cherry on top the more folks with degrees in any given field lowers the value of said degree to employers.
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Orange Elite [5455]
TigerPulse: 44%
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Precisely why you guys are wrong when you argue everyone should be a plumber***
Mar 27, 2025, 6:26 PM
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Orange Elite [5455]
TigerPulse: 44%
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Capitalism didn't work, which is why the government got involved
Mar 27, 2025, 6:25 PM
[ in reply to If the government is involved it will get ] |
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but then as usual instead of funding the schools, the Republicans worked to create a system that created a way for people to profit off the students.
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Replies: 22
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