Something to consider for those who have significant student loans still outstanding.  Plan your payments as it appears $10,000 or even more may be forgiven. 

https://www.google.com/amp/s/www.cnbc.com/amp/2021/04/22/can-i-count-on-student-loan-forgiveness-your-questions-answered-.html

Something to consider for those who have significant student loans still outstanding.  Plan your payments as it appears $10,000 or even more may be forgiven. 

https://www.google.com/amp/s/www.cnbc.com/amp/2021/04/22/can-i-count-on-student-loan-forgiveness-your-questions-answered-.html

Why only student loans?  What about car loans?  Home loans?  Credit Card Debt?  How about reimbursements for everyone who already paid off their loans (like I did for my daughter)?

This policy position is not going to end well.

I think they’re getting there, it’s just a matter of time. The proposed tax hike to discourage small businesses and investors is just the beginning.  Next is minimum wage hike that no businesses could afford.  The GND will incapacitate businesses and drive them offshore.  That’s why they say hold on to our ammo. Check our essential supplies for food water medicine etc. To those who have alternative, prepare to leave the country.  The election is just around the corner and voters need to be smart.  Taking back the house and senate may be a good thing to give a hint of hope.  Yet they say the world is staged and we will never know.  A friend said the good will prevail overtime and I tend to believe that. 

I really hope this doesn't pass.   Stupid af.  Biggest FU to those who paid for college themselves.  I have a feeling,  though I haven't examined in detail that it can't be done with executive action.  I can't picture the president having that much authority. 

"Feelings" and "I can't picture"
naivete supreme

This is a federal bailout for failing universities who rip off kids by training them for jobs that do not exist. Allow students to discharge school debt in bankruptcy like every other kind of debt. Communist indoctrination centers go out of business and market forces pick the winners.

This is a federal bailout for failing universities who rip off kids by training them for jobs that do not exist. Allow students to discharge school debt in bankruptcy like every other kind of debt. Communist indoctrination centers go out of business and market forces pick the winners.

It is not it is a bailout for the universities as they don't loan you the money, I see it as
another "stick it" to the taxpaying workers.
Universities are not responsible for an "adults" bad choices in education.
Adults that think a BA degree in some social studies or arts field is going to pay much,
didn't do their homework.
Bankruptcy is out of the question.  Normally you are loaned money based on collateral,
yours, a co-signers, or the tangible assets the loan guys are investing in.  Many students
have no collateral what so ever.
Your future labor is not a collateral someone can sell to get some of their money back.
That is generally called Slavery and is illegal.
All my university education was at private universities.  I was an older student, had a
wife, family,  and a full time job. I had no problem challenging a Prof if they started to get
"political".  I'd let them know I'm paying you to educate me, not indoctrinate me.
We can go talk to the dean and whoever if you have a problem with that.  I can always
go to another school.  Perhaps that is our failure as a society, is to not teach our kids that
you need to stand up to bullies, or get some help if you can't do it alone.

Student loans are a huge bubble tied into the rest of the economy so this is definitely a bailout of not only the universities but the entire financial industry. They are pretending to "help the kids" but debt is slavery and they are not going to start giving away their slaves without a darned good reason.
https://www.msn.com/en-us/money/personalfinance/the-student-loan-bubble-is-going-to-burst/ar-BB1fClMN

Without government enforced loan sharking most universities would be out of business. The value they provide is marginal and definitely not worth the obscene fees they are charging.

Student loans are a huge bubble tied into the rest of the economy so this is definitely a bailout of not only the universities but the entire financial industry. They are pretending to "help the kids" but debt is slavery and they are not going to start giving away their slaves without a darned good reason.
https://www.msn.com/en-us/money/personalfinance/the-student-loan-bubble-is-going-to-burst/ar-BB1fClMN

There have been proposals to forgive student loan debt if the graduate joins the military or volunteers for other government jobs that benefit the nation.

In the military, depending on rank and the needs of the service, you can have up to 100% of your college tuition paid for.  As an officer, I was able to take classes at 20% of in-state tuition rates, and the Air Force paid the other 80%.  The classes have to be in pursuit of a degree which was in your main career.  In other words, you can't seek a Master's in Finance or Business if your position is in Computers and Communication.

Enlisted could get 100% tuition for an undergrad degree.  Some were eligible for programs that let them seek higher degrees if the degree was needed by the military.

Every year you took money for college, the military required a service commitment of one additional year.  So, if you have 2 years left on your enlistment, getting free college for a year requires another year's commitment tacked onto it.

If you leave the service early before all your commitments are completed, you have to repay any remaining tuition they paid.  There are some exceptions, such as involuntary separation.

Bottom line:  If you order the hot chocolate, you have to pay the check.

Without government enforced loan sharking most universities would be out of business. The value they provide is marginal and definitely not worth the obscene fees they are charging.

Yep.  It's a symbiotic relationship.  The government keeps teacher union employees getting huge paychecks, universities remain rich with funding for new buildings, and the government maintains a continuation of Liberal political indoctrination.

If proper education was the goal, almost all grads would be able to repay the loans with the good-paying jobs they get.

Bottom line:  If you order the hot chocolate, you have to pay the check.

If you order hot chocolate and get sugar water with brown food coloring then you should at least get your money back.

If you order hot chocolate and get sugar water with brown food coloring then you should at least get your money back.

Or, stop going giving your money to that business?

There are colleges, in particular community colleges and technical schools, that do provide an education with marketable skills.  It's the Liberal Arts universities that you have to be weary of.

I paid for my girls to go to HPU.  Much better compared to UH IMHO.  And UH had been raising their tuition rates and fees so much, the cost was almost the same.  I read that the computer science classes at UH had a 75:1 student:teacher ratio.  HPU was 25:1.  That's one metric most people can understand when comparing schools.

Now, with so many schools doing online learning, it's harder to compare class sizes.

I have mixed feelings on this. 

First is that this is a big middle finger to all those who busted a$$ to pay off their debt, or worked hard for scholarships.  On the other hand, I do see it as an opportunity to open doors to those who may not have have the opportunity otherwise.  I've had conversations about this with a number of my friends, many who have kids who could stand to benefit from this.  The feedback from them are quite mixed. 

I think tuition forgiveness will lead to more superduper seniors.  Less motivation to get the work done, and more "freedom" to find themself.  The latter is all fine and dandy, as long as it's on their or their family's dime.  JMO. 

I have mixed feelings on this. 

First is that this is a big middle finger to all those who busted a$$ to pay off their debt, or worked hard for scholarships.  On the other hand, I do see it as an opportunity to open doors to those who may not have have the opportunity otherwise.  I've had conversations about this with a number of my friends, many who have kids who could stand to benefit from this.  The feedback from them are quite mixed. 

I think tuition forgiveness will lead to more superduper seniors.  Less motivation to get the work done, and more "freedom" to find themself.  The latter is all fine and dandy, as long as it's on their or their family's dime.  JMO.

Seems like the universities that RECEIVED AND SPENT the proceeds from the loans benefitted the most.  They should be required to pay it back if the student can demonstrate the degree didn't garner a good-paying job. 

Otherwise, we are still rewarding the schools for taking money and sabotaging the students' futures -- all on the backs of the tax payers.

Seems like the universities that RECEIVED AND SPENT the proceeds from the loans benefitted the most.  They should be required to pay it back if the student can demonstrate the degree didn't garner a good-paying job. 

Otherwise, we are still rewarding the schools for taking money and sabotaging the students' futures -- all on the backs of the tax payers.

Interesting proposition.  Sort of like a warranty on level of service?  I could totally see that going many different ways. 

My sister was an English major, against the MAJOR advising of my mom.  I am actually not sure who paid for her tuition, but I know that she did take a while to graduate.  She ended up with a job an accounting office as an administrator.  She has progressed pretty far/well.  So I would say she ended up with a good-paying or at least decent paying job.  Was that due to her degree?  I would say

Interesting proposition.  Sort of like a warranty on level of service?  I could totally see that going many different ways. 

My sister was an English major, against the MAJOR advising of my mom.  I am actually not sure who paid for her tuition, but I know that she did take a while to graduate.  She ended up with a job an accounting office as an administrator.  She has progressed pretty far/well.  So I would say she ended up with a good-paying or at least decent paying job.  Was that due to her degree?  I would say

Most undergraduate degrees in "normal" fields are considered interchangeable.  If the degree is in a technical area, like engineering or computers, you'll be treated similarly.  Experience will usually be more important than degree major.  In fact, most job descriptions I've seen require EITHER a BA/BS degree OR 3-5 years experience in a related job.

Undergrad degrees teach us how to learn, not to be experts in our field of study. 

The problem arises with degrees like Gender-bias Studies and so on.  If the person doesn't show an interest or aptitude for the job they are seeking, there are plenty of applicants who do.

Knowing that most places accept any "reasonable" undergrad degree to check that box on the application, it falls to the employers to decide which degrees they deem useless -- or even counter-productive.   Therefore, it falls on the student to choose a marketable degree program, not something that sounds interesting and supports Social Justice.

Each job seeker needs to market themselves for the position they seek.  My Ex is a perfect example.  She had a double-major undergrad degree in Psychology and Sociology.  Her ideal job was to be a high school counselor.  Without a Masters degree and/or years of experience, she had almost no chance of landing that job.  Her plan:  I'll take the classes after I get the job!  Really? 

She never found a job close to what she hoped for, because she didn't prepare herself.  I  talked her into beefing up her transcripts by taking algebra -- something our college allowed her to substitute a philosophy course for.  She needed algebra, if not calculus, to apply for any Masters Degree program.  Took me half her semester to get he to accept she could "do math."  She got an A in the class, even though she was 100% convinced she could never even pass the course.

That's as far as it went.  She refused to put in the effort to be READY to take the opportunity when it came along because there was no guarantee that opportunity would ever appear.

Hard to compete with qualified applicants when you refuse to prepare.

College grads in their 20s can't find better-than-minimum-wage jobs or pay their loans, but high school Sophomores, Juniors and Seniors are qualified to vote?   

Undergrad degrees teach us how to learn, not to be experts in our field of study. 

I generally agree with that.  At least in my experience/background in engineering.  It teaches judgement, problem solving, etc.  I do think too many in look for education to give them the answers.

I personally think a degree in English is pointless unless you are targeting specific professions and/or fields, like teaching.  My sister tried the teaching English in Japan and other stuff for a while.  Her choice and that's sort of my point.  Go ahead and do what you want, just don't expect anyone else to pay for your to do so. . .

Or, stop going giving your money that business?

There are colleges, in particular community colleges and technical schools, that do provide an education with marketable skills.  It's the Liberal Arts universities that you have to be weary of.

I paid for my girls to go to HPU.  Much better compared to UH IMHO.  And UH had been raising their tuition rates and fees so much, the cost was almost the same.  I read that the computer science classes at UH had a 75:1 student:teacher ratio.  HPU was 25:1.  That's one metric most people can understand when comparing schools.

Now, with so many schools doing online learning, it's harder to compare class sizes.

HPU is a private institution, which is why they can dedicate more resources to more legitimate/intensive forms of education and hire better quality teachers due to better benefits, not always monetary. UH does have it's strengths (i.e. it's medical and agriculture/horticulture departments), but overall sucks specifically because it is a public, heavily government funded institution that is more vulnerable to political and cultural influences on its curricula.

It would be like comparing Ka'imukī high school to 'Iolani with regards to quality of education.

I generally agree with that.  At least in my experience/background in engineering.  It teaches judgement, problem solving, etc.  I do think too many in look for education to give them the answers.

I personally think a degree in English is pointless unless you are targeting specific professions and/or fields, like teaching.  My sister tried the teaching English in Japan and other stuff for a while.  Her choice and that's sort of my point.  Go ahead and do what you want, just don't expect anyone else to pay for your to do so. . .

Exactly.

An English degree can also help if you want to be a writer:  book author, journalism, speech writer, technical writer, etc.  There are many fields where that degree can use advanced language skills.

I think most of this hinges on "What do you want to be when you grow up?"  So many young people answer, "Famous.  Rich.  A YouTube creator. ..."  No clue.

If you can't decide on a future career, then maybe it's smarter to avoid college until you have a plan?  Just maybe?