Or just make college free.
I’m all for making college free going forward, but that is a completely different topic than paying off debt people committed to already.
seems like that would upset the applecart a bit more.
I think shifting risk onto the schools would cut down on unnecessary buildings/staff/programs/bullshit making college cheaper, but also forcing the colleges to graduate/produce members of society that contribute to our economy… otherwise they get hit in the pocketbook. Banks still get to make their money… but schools dont. the risk is taken off the dumbass 17 year old, and put on the school board of trustees.
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Shift the risk to the government.
Im my mind, public university is effectively the govt. If the school gets into financial trouble due to shitty graduates not paying loans back to the school, the government/taxpayer will have to choose whether to bail them out and how much.
And if college were made free tomorrow we would have the same argument we have now: those who paid off their loans or just paid for school without loans, would be pissed, and those who have outstanding loans would be pissed.
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Exactly.
Yeah, lots of ideas for how to move forward, but not a lot of good ones for what to do with the loans already out there. my ideas included.
Wait, so those charging these tuitions get paid regardless while blue collar, or non college educated citizens, cover folks who will likely still live a first world life even while paying off debt?
Is a college education a ticket to poverty?
But they get more than they pay in return. It is an investment not a handout. They may not have a job in the factory if the engineer didn’t get her degree.
same reasoning why the childless should pay taxes towards public education.
If the system works the way it’s supposed to.
[quote=“mnben87, post:190, topic:272492, full:true”]
So the engineer wants the warehouse worker to contribute in paying off her debts faster so she can get to owning brand new vehicles sooner, TVs in nearly every room, taking out of state vacations, better healthcare, vision, dental, and neighborhoods then lthe labor over seeing the conveyors she designed.
I have a hard time seeing the obvious pay off to us all when people just aren’t lining up to voluntarily take on such a clearly lucrative investment.
Who might be on foodstamps or getting healthcare from the government? Who might have a child he can’t afford to have a college fund for and who would benefit from free college?
Which then will argue they also need loan forgiveness. Every single new graduating class. You might as well federalize the entire university system.
Or accepting only students from families with enough money to pay.
If someone can show they are now disabled, they can’t eat, they’re about to lose a roof over their heads, we’ll talk. If you’re just going to have wait until your 50’s for that RV on an engineer’s salary because you had to pay your own loan off…
Would you prefer that they both make less?, or both make more, but the engineer makes a disproportionate bit more? Now the disproportionate bit more is only relative to the past and IMO is okay as she was being underpaid more than the warehouse worker based on the value she brings to society.
I think people generally think engineers make more than what we actually make. It certainly is good pay, but it isn’t what people think.
The one down the street with the two vehicles, manicured lawn, and new pool seems well enough. Comfortable suburbs. Sure, he probably had to forgo a motorcycle or something for that pool.