Student Loan Forgiveness

[Conundrum]

The uPPPer class already got their handouts.

[summit]

Re the timing being too late, it may be they wanted to do this earlier, but just couldn't come to an agreement so this is a "fuck it were doing it with what we have written" situation.

https://www.forbes.com/sites/dereksa...h=1cf13c08596d

"The relief will not be subject to taxes, according to the Post. Biden had promised on the campaign trail to forgive student loan debt, but reportedly agonized for months over how to implement a plan that would satisfy advocates mostly from the left who sought further relief measures and critics mostly from the right who expressed concern about the program’s impact on inflation. "

Can submit 2020 or 2021 income.

Do you have a source?

[farmguy]

Instead of the feds and taxpayers paying off the debt, why not ask the colleges to forgive the debt? Just call it a loss, get a tax break?

[dunfree]

The uPPPer class already got their handouts.

underated post

[J. Barron DeJong]

Do you have a source?

https://www.cbsnews.com/amp/news/stu...ify-biden/#app

[dunfree]

I don't have the numbers, but obviously most kids coming from a truly upper class upbringing are not shackled with unpaid student loans. They just aren't.

are you counting the pledged donations of the parents that got the brats in as debt? Because placements for fuckups ain’t cheap

[summit]

https://www.cbsnews.com/amp/news/stu...ify-biden/#app

Ah it links to it: https://www.cbsnews.com/news/biden-s...CNM-00-10aab4i

Looks like all my student debt will be gone since I got Pell grants.

[J. Barron DeJong]

Looks like all my student debt will be gone since I got Pell grants.

Congrats!

[Supermoon]

Ah it links to it: https://www.cbsnews.com/news/biden-s...CNM-00-10aab4i

Looks like all my student debt will be gone since I got Pell grants.

Congrats! That’s awesome

[fastfred]

The uPPPer class already got their handouts.

duh I got mine did you get yours?

[dunfree]

Missed opportunity by not having this guy announce it

Attachment 424663

My take is govt money and budgets are vaaaaastly different to household budgets. If they give you money, shut up and take it. PPP is a great example.

in most cases the money being talked about was already given - via subsidized loans like pell grants, or guaranteed loans with subsidized interest rates - it’s just quibbling about bullshit notions of “fair”

[summit]

Congrats!

Thanks! I will continue my heavy volunteerism

[Cisco Kid]

Not making hard working American tax payers pay for Coastal Elites PhD in Gender Studies is trending in the RW news bubble

[Conundrum]

duh I got mine did you get yours?

I'm "disadvantaged" in that I'm neither rich nor poor enough to take advantage of most handouts.

[old goat]

A bandaid on a bandaid on a bandaid. Tuition supports far more than the cost of educating students. It supports a big chunk of the entire university enterprise--research, publishing, sports. The more the govt supports student loans the more the colleges will charge. The cost of a college education has to be controlled.

Going forward I would target loan relief for people who commit to at least 5 years of teaching and other underpaid socially beneficial professions. In the long run every American should be entitled to 4 years of free public post high school education--either college or vocational. An educated populace that knows how to make and fix things benefits all of us and we all should pay with our taxes.
I wouldn't offer free post graduate education but would offer debt relief for people who go into less-well, socially beneficial fields--public defenders, primary care medicine, working in underserved areas, etc.

[Danno]

Can't get this out of my head right now (though obviously we're not talking about immigration, the concept is the same, the oligarchs would be pleased with this thread).

[skaredshtles]

<snip> In the long run every American should be entitled to 4 years of free public post high school education--either college or vocational. An educated populace that knows how to make and fix things benefits all of us and we all should pay with our taxes.

So much this. Publicly funded K-12 has been around now for over 150 years. The world is sufficiently advanced and complicated that it really shouldn't be that much of a stretch to think publicly funded K-16 is more appropriate now.

[dunfree]

So much this. Publicly funded K-12 has been around now for over 150 years. The world is sufficiently advanced and complicated that it really shouldn't be that much of a stretch to think publicly funded K-16 is more appropriate now.

publicly funded zero tuition university has been around for over 150 years. This is just people outraged because they think their neighbors got an extra cookie

[sirbumpsalot]

In the long run every American should be entitled to 4 years of free public post high school education--either college or vocational. An educated populace that knows how to make and fix things benefits all of us and we all should pay with our taxes.
.

Take this with a grain of salt because it came first hand from my Euro friends some time ago including an ex-girlfriend from Germany. They all said they came to the USA to attend the university because French and German Universities were full and have admission limits for many of the popular vocations. They told me that because its "free" or close to "free" nearly every young adult applies as a way to delay real life for another 4-5yrs. I had heard from one that now international students can attend, not for free....but close to it...something like a few hundred euro dollars.

The law of unintended consequences I guess...make something cheap enough and everyone wants a piece of the action.

[Danno]

The horror! Lots of people want to go to college if it's free!

[Conundrum]

nearly every young adult applies as a way to delay real life for another 4-5yrs. .

I did this for 5.5 years here in the US. But I did pay back my loans when the fun was over.

[summit]

Take this with a grain of salt because it came first hand from my Euro friends some time ago including an ex-girlfriend from Germany. They all said they came to the USA to attend the university because French and German Universities were full and have admission limits for many of the popular vocations. They told me that because its "free" or close to "free" nearly every young adult applies as a way to delay real life for another 4-5yrs. I had heard from one that now international students can attend, not for free....but close to it...something like a few hundred euro dollars.

The law of unintended consequences I guess...make something cheap enough and everyone wants a piece of the action.

You could address that with strict standardized admission tests to merit qualify people into the right program. Oh wait, that is considered discrimination. Nevermind.

There is absolutely a worry of delay entry to workforce and reality, and the attendant mandatory decrease in standards at university if you say "someone has to take this student for 4 more years! they are entitled!" when they barely passed highschool.

"OH EVERYONE SHOULD DO K-16!" No fucking way. Not everyone is cut out for college, and not everyone is cut out for the trades. 50% of the population has an IQ under 100 and 15% has an IQ under 85 and you cannot fix that by sending them to college. You actually just fuck them over. Some people are gonna dig ditches, mop floors, run the deep fryer, or do KP in the military. Reality is what it is.

A voc-track in highschool instead of everything-is-college-prep would be good. Vocational post-secondary shouldn't be 4 years either. Germany has this system.

On the collegiate side, particularly for professional degrees, 3 year degrees should probably become a thing if you want to go in that direction. Also, reverse some other degree inflation: For example, in Europe, MBBS makes you a doctor and its a 6 year program after highschool versus in the US where you get a 4 year degree, probably take a gap year and/or get a masters degree to be competitive to apply to a 4 year medical school. While in the US we've made pharmacists, nurse practitioners, PAs, physical therapists, etc all doctoral degrees when they were 4 year degrees. Now we ask for office admin assistants to have a 4 year degree... kinda silly.

Higher education would have a fucking fit if such things were forced upon them. Nobody has time to make everyone take intro to gender studies and cultural anthropology if you only have 3 years to educate.

[dan_pdx]

The cost of a college education has to be controlled.

This. The loan forgiveness in the works now just kicks the can down the road and will probably lead future students to be more likely to take out ill-considered loans, thinking forgiveness is a possibility in the future.

[dunfree]

The horror! Lots of people want to go to college if it's free!

derpsalot needs other uneducated morons to feel good about himself


as for the testing and controlling? Fuck right the fuck off you morons who hate the meritocracy, bureaucracy and the gubmint pretending it’s perfect now. The good spots in the usa are currently strictly controlled you dumb fucks, there’s was a whole bribery scandal about it


But this is religion to you morons

[Danno]

You could address that with strict standardized admission tests to merit qualify people into the right program. Oh wait, that is considered discrimination. Nevermind.

There is absolutely a worry of delay entry to workforce and reality, and the attendant mandatory decrease in standards at university if you say "someone has to take this student for 4 more years! they are entitled!" when they barely passed highschool.

A voc-track in highschool instead of everything-is-college-prep would be good. Vocational post-secondary shouldn't be 4 years either.

There are plenty of places that have tests for admission, it is not discrimination. I went to a public high school that had that. And some states have guaranteed admission to certain in-state schools if you meet certain criteria, it's not like we can't figure this shit out. You can set standards on it, it doesn't have to be simply "if you graduate". I do agree that a vocational track should be commonplace if not required. And I believe that high schools should have a mandatory personal finance class that teaches about things like loans, interest rates, balancing a checkbook, compound interest, etc.