acesfull86
Well-known member
Of course...because this plan is less about solving a problem and more about buying votes
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- Thread starter sturg33
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Of course...because this plan is less about solving a problem and more about buying votes
nsacpi
Expects Yuge Games
no...I added a bit to my post above on what I think is likely to happen or not happen
nsacpi
Expects Yuge Games
sure...politicians do that...see building a wall and having mexico pay for it
acesfull86
Well-known member
Even before that, one of Roberts, Alito, Thomas, Gorsuch, Kavanaugh has to rule the tax constitutional when it inevitably gets challenged in court.
If you put a cap on max lending amounts the cost of tuition would plummet. Its as simple as that.
Help bridge some of the financial burden through financing as all businesses do for capital improvements. If the students still can't afford it then they have to make the decision to go to a more cost effective school or work while attending but not committing full time.
When the money supply is unlimited its a no-brainer for colleges to charge more.
Only the wall has proven to actually be integral and will save the country money in the long term based on security and drugs (but would be happy to discuss this further in the 'Wall' thread considering all current evidence proves that Trump was right).
acesfull86
Well-known member
nsacpi
Expects Yuge Games
arent there caps on the various student loan programs...I believe so...but there also seem to be more predatory loan programs that have caused problems for a narrow subset of borrowers
sturg33
I
Shifting the burden from the irresponsible to the responsible. Like all taxes.
Meanwhile, we definitely should lower the voting age to 16 since these kids have such a great grasp on their financial decisions
nsacpi
Expects Yuge Games
no I would say on immigration and border security there are real problems that can be addressed in an adult way so that solutions can be found...Trump's approach is a classic example of a politician inflating and inflaming an issue for political purposes
When you have stories of 20 year olds that have over 15-20k in debt that's an issue and its because they were granted too much to start with. The cap should be lowered as the program should help BRIDGE any shortfalls in personal financing. It still incentivizes going to college but will reduce the money supply in the 'higher institution' economy which will create negative inflation.
Outside of the student loan market there are still ways to finance your education. Go work at a bank - McDonalds - Home Depot - ANYWHERE. There are so many for-profit businesses that offer tuition reimbursement FOR FREE.
Its so lazy to say that student loans are the only way to get lower income /middle income families to engage in upward social mobility.
acesfull86
Well-known member
She stuck around to get another degree from BU, then years later decided to go to another private school (Brandeis) for a third degree. I dunno. I think someone smart enough to get into these schools/programs and finish them probably knew exactly what she was getting into.
Wow - Another example of a low ROI degree that people feel entitled to more value for their services.
This is all part of the lie that has been pushed by higher institutions that post secondary education is the only option. Fitting that professor and university administrative salaries have skyrocketed the last 20 years.
nsacpi
Expects Yuge Games
do a little research...there is information out there on the caps and limits of the main student loan programs
Of course there are caps as there would be with any risk based lending market. My argument is that the caps should be lowered both in amounts per year and in the aggregate.
That is why I have said in numerous posts now that they need to be LOWERED.
Its simple economics. As the money supply increases inflation follows. Its the easiest way to address the cost issue of this dilemma.
nsacpi
Expects Yuge Games
the caps dont strike me as high
sturg33
I
Considering there is no collateral, the risk is all on the lender.
nsacpi
Expects Yuge Games
it's more difficult to walk away from student loans than other forms of debt
The current levels are whats causing the inflation. There is no other factor that comes close to having this impact. This is THE issue that needs to be resolved.
I'm sorry - If you can't figure out a way to come up with 10-15k a year on your own (working - tuition reimbursement) then quite frankly you don't deserve to go to college. If its as important as everyone is making it out to be then prove it by making the necessary sacrifices.