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Student Loan Debt Forgiveness

#5

(06-25-2019, 09:51 AM)flsprtsgod Wrote:
(06-25-2019, 09:46 AM)StroudCrowd1 Wrote: This seems to be a hot button item for the Democrats this election cycle. I don't personally have any student debt but I am curious to hear from those who do and what your thoughts are on having it forgiven via the tax payer (who themselves may not have had the chance to go to college to have debt in the first place)?

I'm in the Dave Ramsey party on this one. If we're going to forgive it then it must be that it's a bad idea, so along with the forgiveness we also have stop doing it. I personally am more concerned about the credential inflation that we're seeing in the business world. When college is available to everyone then a high school diploma won't get you in the door. Line-level Manager positions that require a Graduate degree aren't uncommon anymore, when it used to be that only the C-suite needed those. The entry costs for ambitious white collar workers is very high, and middle management wages don't make for much of an ROI in the first 20 years of employment.

Those of you who scrimped and saved to pay your way through college - suckers! You could have had some bureaucrat holding a gun to someone else's head to pay for it.


And since rich kids tend to be the ones who go to the more expensive colleges, this is mainly a handout for the rich.

The biggest problem, and the reason this is being discussed, is that there is no incentive to keep tuition down when the government is backstopping the loan defaults. The first step should be to make the colleges responsible for giving and collecting the repayments.



                                                                          

"Why should I give information to you when all you want to do is find something wrong with it?"
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Messages In This Thread
Student Loan Debt Forgiveness - by StroudCrowd1 - 06-25-2019, 09:46 AM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-25-2019, 09:51 AM
RE: Student Loan Debt Forgiveness - by MalabarJag - 06-25-2019, 10:19 AM
RE: Student Loan Debt Forgiveness - by mikesez - 06-25-2019, 03:48 PM
RE: Student Loan Debt Forgiveness - by B2hibry - 06-25-2019, 04:18 PM
RE: Student Loan Debt Forgiveness - by TJBender - 06-25-2019, 10:09 AM
RE: Student Loan Debt Forgiveness - by TJBender - 06-25-2019, 01:58 PM
RE: Student Loan Debt Forgiveness - by B2hibry - 06-25-2019, 12:13 PM
RE: Student Loan Debt Forgiveness - by Predator - 06-25-2019, 01:47 PM
RE: Student Loan Debt Forgiveness - by Caldrac - 06-25-2019, 02:07 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-25-2019, 02:56 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-25-2019, 06:51 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-28-2019, 06:44 AM
RE: Student Loan Debt Forgiveness - by mikesez - 06-25-2019, 03:46 PM
RE: Student Loan Debt Forgiveness - by TJBender - 06-25-2019, 06:36 PM
RE: Student Loan Debt Forgiveness - by TJBender - 06-25-2019, 08:14 PM
RE: Student Loan Debt Forgiveness - by mikesez - 06-25-2019, 10:32 PM
RE: Student Loan Debt Forgiveness - by FBT - 06-26-2019, 10:14 AM
RE: Student Loan Debt Forgiveness - by TJBender - 06-26-2019, 11:57 AM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-26-2019, 12:24 PM
RE: Student Loan Debt Forgiveness - by TJBender - 06-26-2019, 02:28 PM
RE: Student Loan Debt Forgiveness - by TJBender - 06-26-2019, 04:10 PM
RE: Student Loan Debt Forgiveness - by TJBender - 06-26-2019, 05:04 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-27-2019, 09:46 AM
RE: Student Loan Debt Forgiveness - by TJBender - 06-27-2019, 12:28 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-27-2019, 01:38 PM
RE: Student Loan Debt Forgiveness - by TJBender - 06-27-2019, 06:42 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-27-2019, 11:31 PM
RE: Student Loan Debt Forgiveness - by mikesez - 06-26-2019, 07:08 PM
RE: Student Loan Debt Forgiveness - by jj82284 - 06-28-2019, 07:32 AM
RE: Student Loan Debt Forgiveness - by mikesez - 06-28-2019, 11:46 AM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-27-2019, 02:47 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-27-2019, 03:49 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-28-2019, 12:28 PM
RE: Student Loan Debt Forgiveness - by Caldrac - 06-27-2019, 04:46 PM
RE: Student Loan Debt Forgiveness - by wrong_box - 06-28-2019, 11:51 AM
RE: Student Loan Debt Forgiveness - by MalabarJag - 06-28-2019, 08:38 PM
RE: Student Loan Debt Forgiveness - by wrong_box - 06-28-2019, 11:35 PM
RE: Student Loan Debt Forgiveness - by wrong_box - 06-28-2019, 11:30 PM
RE: Student Loan Debt Forgiveness - by wrong_box - 06-28-2019, 11:44 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-28-2019, 10:17 PM
RE: Student Loan Debt Forgiveness - by flsprtsgod - 06-28-2019, 11:52 PM



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