acesfull86
Well-known member
Here’s a question...when we forgive student loan debt, do the suckers like myself who have paid back a significant portion / all of the loans get reimbursed?
I don’t think it’s irresponsible to have student debt (I have quite a bit myself)... I think it’s irresponsible to take out the loans then later pretend you were duped and expect the taxpayers to assume the bill.
Here’s a question...when we forgive student loan debt, do the suckers like myself who have paid back a significant portion / all of the loans get reimbursed?
I’m not weighing in on the larger issue, but I’m seeing a lot of talk suggesting that it’s irresponsible to have student loan debt.
While there are always exceptions, as sturg apparently is, in my experience the most obvious difference between people with significant student loan debt and those without is family wealth.
They should have never turned the loan program over to the private sector to the extent they have. When I went to college in the 1970s, the old National Defense Student Loan program was in place for most students and I left college paying 3% interest on a modest amount owed. I frankly don't know the loan programs in place now and how they work, but it's not the same program and I imagine the interest is well above 3% and fluctuates. Markets work well, but if one wants an educated/trained workforce, intervention may be required at the edges.
The bigger problem is when the federal government guaranteed student loans to anyone who wanted them.
Prices predictably skyrocketed
Chat Clussman
@clussman
5h5 hours ago
Replying to @AOC
Data is hard. I made a chart to help.
![]()
Alexandria Ocasio-Cortez
Verified account @AOC
Alexandria Ocasio-Cortez Retweeted Currently Being Ratio'd
If you want to know what subconscious bias looks like, it’s a headline saying “AOC is underwater with every group EXCEPT women, nonwhites, and 18-34 year olds.”
So older, conservative white men are considered “everyone” and everyone else is discounted as an exception.
Cool ����
Currently Being Ratio'd
Verified account @NumbersMuncher
Gallup:
As Americans become more familiar with AOC, the more unfavorably they view her. Her net favorable rating has dropped from -2 to -10, now at to 31-41 (was 24-26).
AOC is underwater with every demographic group except women (+4), nonwhites (+20), and 18-34 year olds (+5)
which really isnt the point.
Policy aside
The point is the same as how HRC began the campaign with a 65% favorability then what is above referred to as " subconscious bias "
stepped in to where 30 months later she couldnt get a cup of coffee.
Fox's 24/7 attack filters down.
You are walking- talking evidence of that
No offense meant
But your verbiage talking about AOC is a direct mirror of RW attack media
Lol all you like but you have not given a substantive response to any of the topics AOC has brought up. Big or small
Called her stupid and criticized her intellegence but no talk of issues.
How did that lady put it?
Oh yeah " if they cant win on policy they talk politics. And when they cant win politics they go personal"
Ask (R) on Oversight Committee how smart she is
The panicked narrative of AOC as a dimwitted neophyte don't match up with the work she is doing.
"Ocasio-Cortez: “Would it be correct, Dr. Kesselheim, to characterize the NIH [National Institutes of Health] money that is being used in development and research as an early investment? The public is acting as an early investor in the production of these drugs. Is the public receiving any sort of direct return on that investment from the highly profitable drugs that are developed from that research?”
Kesselheim: “No, in most cases there is—when those products are eventually handed off to a for-profit company, there aren’t licensing deals that bring money back into the coffers of the NIH. That usually doesn’t happen.”
Ocasio-Cortez: “So the public is acting as an early investor, putting tons of money in the development of drugs that then become privatized, and then they receive no return on the investment that they have made.”
Kesselheim: “Right.”
"Martin Shkreli, the former pharma CEO and current federal inmate, epitomized this mindset in 2015 when he defended his decision to raise the price of Daraprim, the only approved drug for a rare disease called toxoplasmosis, by 5,000 percent. 'No one wants to say it, no one's proud of it, but this is a capitalist society, a capitalist system and capitalist rules,' he said. 'And my investors expect me to maximize profits, not to minimize them or go half or go 70 percent but to go to 100 percent of the profit curve.'
Ocasio-Cortez unearthed a very different story about pharmaceutical innovation that is not widely understood by consumers: most of these drugs would not exist if it weren’t for public investment. This does not mean that the private sector is completely inept or that the public sector is anywhere near perfect, but it does mean story we tell about economic prosperity in America is deeply flawed. Every single one of the 210 new drugs approved by the Food and Drug Administration (FDA) from 2010 to 2016 was developed thanks to NIH’s taxpayer-funded research."
Taking you at your word, I have yet to see your alternatives. Counter proposals.
Outside of maintain status quo.
On any issue
I know enough about math to kmow you cant prove a negative.
What are your constructive alternatives