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Thread: Student Loans

  1. #31
    Bird Dog Bird Dog's Avatar
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    Quote Originally Posted by glhs837 View Post
    Why has a degree become so expensive? And why can't it be brought down? And why do careers require them instead of the trade education to get that job done?
    Anytime the government throws easy money at something, the prices go up.
    Think easy mortgages...housing prices skyrocketed
    Think low interest rates....stock market bubble
    Think easy student loans....tuition goes up.....
    When you lie down with dogs, you're going to get fleas....


    Quote Originally Posted by vraiblonde View Post
    How is it that you don't see how crazy you sound when you do this?

  2. #32
    Awww, jeez Monello's Avatar
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    Quote Originally Posted by Larry Gude View Post
    Write it off. Get rid of it. Start fresh and do new business.
    Screw that. Why penalize the people that did it correctly? I've used debt over the years. I'm far from wealthy but at the end of the day I pay it all back. I'll retire my last loan next year. Yeah. Then from here on out it's pay as I go for non appreciating assets. Like in all things people need to take personal responsibility. Loans are like any other tools, they need to be used correctly & wisely.
    Even if Donald Trump wins all the toss up states, he would still lose - R. Madcow 11/16

    Monello thinks he is king of the forum, now. Just keep that in mind.
    Be kind to the unhappy progressives and Democrats in your life.

  3. #33
    Quote Originally Posted by kwillia View Post
    We are not decreasing in population and you've already predicted "We've simply entered an era where less and less workers are needed and more and more consumers are" after stating that now we have a "linear progression" and I can't marry the two because in my perspective one would need replenishable income in order to remain a viable consumer. If we continue to become a country of less workers then how do the folks unable or unwilling to find viable work able to foot the bill of viable consumer?
    I grant it's a different thought process than everything we've understood and believed our entire lives. But, we're not going to accept lower living standards, lowered medical care or draconian immigration policies. Once we accept that as reality, then making it work is a lot less problematic.
    Nepotism begins at home

  4. #34
    Quote Originally Posted by Monello View Post
    Screw that. Why penalize the people that did it correctly? .
    Who said anything about penalizing those who did it correctly?
    Nepotism begins at home

  5. #35
    Quote Originally Posted by Restitution View Post
    I do not disagree however, we have also entered into an era where higher education is becoming more out-of-reach for most people YET, the requirement for degreed individuals has also increased.

    So, what happens when the scales tip?
    Define 'tips'.

    In our society, when something is too expensive, you make it free. Consider. How many of us could afford the $18-20k a year a typical public school education costs? A handful? We already can't afford health care.
    So, associates and then Bachelors are going to become part of public education, I think.
    Nepotism begins at home

  6. #36
    Quote Originally Posted by Bird Dog View Post
    Anytime the government throws easy money at something, the prices go up.
    Think easy mortgages...housing prices skyrocketed
    Think low interest rates....stock market bubble
    Think easy student loans....tuition goes up.....
    So?
    Nepotism begins at home

  7. #37
    Quote Originally Posted by Bird Dog View Post
    Another S&L bailout, another TARP...etc......
    Only formalized so that it's not another short term band aid but more a whole new way of operating.
    Nepotism begins at home

  8. #38
    Awww, jeez Monello's Avatar
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    Quote Originally Posted by b23hqb View Post
    Tuition assistance is everywhere. Grants are everywhere. Scholarships are available everywhere for almost any situation, skill, race, sex, disability, etc.
    My kid went the National Guard ROTC route. The structure did him good. They took care of the tuition & books. He owed them a 6 year commitment. When he graduated they sent him off for a paid training for a year and a half. He's already past the 6 year mark and has decided to keep at it. So in the end he got a degree, a small student loan that was quickly paid back, learned a valuable skill and got paid to learn it, has a job that he can earn a decent paycheck. I'd say that's a win/win.

    As was mentioned before nothing wrong with going the CC route for the first 2 years while still living at home and keeping expenses under control.
    Even if Donald Trump wins all the toss up states, he would still lose - R. Madcow 11/16

    Monello thinks he is king of the forum, now. Just keep that in mind.
    Be kind to the unhappy progressives and Democrats in your life.

  9. #39
    Quote Originally Posted by Monello View Post
    My kid went the National Guard ROTC route. The structure did him good. They took care of the tuition & books. He owed them a 6 year commitment. When he graduated they sent him off for a paid training for a year and a half. He's already past the 6 year mark and has decided to keep at it. So in the end he got a degree, a small student loan that was quickly paid back, learned a valuable skill and got paid to learn it, has a job that he can earn a decent paycheck. I'd say that's a win/win.

    As was mentioned before nothing wrong with going the CC route for the first 2 years while still living at home and keeping expenses under control.
    And that's awesome and great for him and we've had this discussion; if everyone were that wise, took good advice, followed that path, it would not, could not work. You don't make policy for the winners, for the smartest. You make it for the masses. The winners, the smart folks do well off the largess and waste of the masses.
    Nepotism begins at home

  10. #40
    Registered User PeoplesElbow's Avatar
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    I think student loans are a good thing, I used them to partially pay for college, started paying them off when I was in graduate school because I was getting paid as a grad assistant to be there. After I got my graduate degree and went out in the world I actually had a credit rating where I could buy a car house etc from simply paying my student loans. I had my loans all paid off within 5 years of being out in the world. I went to buy a house and had over an 800 fico score all thanks to student loans.

    The problem is we feel the need to teach algebra in grade school but no life math. I have tried to teach intelligent people with college degrees how to amortize a loan, figure out compound interest etc. This is something that easily should have been taught in their public education.

    My ole lady's college had all freshman take a class just like that, they had to do household budgets, submit an inventory of things they bought etc.
    If what I say offends you then you really don't want to hear what I keep to myself.

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