Student Loans / Debt

135

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  • rr165892 said:

    What is her stance on the violence and gang activity that runs rampant thru Chi town?

    she is all for it!
    Ha

    Hiring more police.

    All of her plans involve hundreds of millions of dollars that the city does not have.
  • unsung said:

    I didn't read it that way.

    So it's racist to state that she will get votes based on demographics but not racist to say that Obama got 96% of the black vote.

    Yeah, ok.

    They stopped short of calling me racist.
    But they are foaming at the mouth and dying to call me racist.

    Which is nothing but PURE BULLSHIT!
    But let them call me racist.
    Then the REAL FUN here is going to start.

    Come on Speedy, it's the internet! People are always dying to be outraged about something!
  • PJ_SoulPJ_Soul Posts: 49,956

    unsung said:

    I didn't read it that way.

    So it's racist to state that she will get votes based on demographics but not racist to say that Obama got 96% of the black vote.

    Yeah, ok.

    They stopped short of calling me racist.
    But they are foaming at the mouth and dying to call me racist.

    Which is nothing but PURE BULLSHIT!
    But let them call me racist.
    Then the REAL FUN here is going to start.

    Come on Speedy, it's the internet! People are always dying to be outraged about something!
    Whatever. I never called him any of those things. I only said that's how his post came off. It obviously wasn't very well written because it conveyed something that he didn't intend.
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • Jason PJason P Posts: 19,138
    I never imagined a thread on student loans would escalate to a spirited debate on who was going to be the mayor of Topeka, Kansas …
  • If we directed as much funding toward education that we put toward defense we would be a much better country.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
  • unsungunsung Posts: 9,487
    To be fair it's not really defense.
  • callencallen Posts: 6,388
    unsung said:

    To be fair it's not really defense.

    How true.
    10-18-2000 Houston, 04-06-2003 Houston, 6-25-2003 Toronto, 10-8-2004 Kissimmee, 9-4-2005 Calgary, 12-3-05 Sao Paulo, 7-2-2006 Denver, 7-22-06 Gorge, 7-23-2006 Gorge, 9-13-2006 Bern, 6-22-2008 DC, 6-24-2008 MSG, 6-25-2008 MSG
  • unsungunsung Posts: 9,487

    rr165892 said:

    What is her stance on the violence and gang activity that runs rampant thru Chi town?

    she is all for it!
    Ha

    Hiring more police.

    All of her plans involve hundreds of millions of dollars that the city does not have.

    They'll just sell out more parking meters, add red light cameras, and add speed cameras. I stay out as much as I can.
  • unsung said:

    rr165892 said:

    What is her stance on the violence and gang activity that runs rampant thru Chi town?

    she is all for it!
    Ha

    Hiring more police.

    All of her plans involve hundreds of millions of dollars that the city does not have.

    They'll just sell out more parking meters, add red light cameras, and add speed cameras. I stay out as much as I can.
    I moved from that city 4 years ago. I didn't move far, but I no longer live in that city.
    I don't miss it one bit.
    I don't miss anything about it.
    Even the parts of the city I used to LOVE, have changed for the worst.
    The Lakefront being one of those.


    Take me piece by piece.....
    Till there aint nothing left worth taking away from me.....
  • unsungunsung Posts: 9,487
    I'm working on getting out of Illinois and heading out west. I am just putting myself in the best financial position that I can first.
  • Jason PJason P Posts: 19,138
    I can only imagine how messed up Chicago is if Rahm is under attack from someone who resides over a union that needs a battalion of troops to get students safely to class every day.
  • PJ_SoulPJ_Soul Posts: 49,956
    I don't know what it's like to live there, but I really enjoyed visiting Chicago....
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • lukin2006lukin2006 Posts: 9,087
    As a taxpayer I know I am opposed to free post secondary education for several reasons.
    -how many will go to university/college only to not take it seriously and be done after 1 semester? wasting taxpayers $$$

    -being in Canada we lose a lot pf professionals to the states (nurses, doctors etc/), really don't want our tax dollars paying to educate professionals just to work in other countries.

    -doubt as a country country we can really afford.

    So whats a realistic solution?

    Would it be possible that the government gives students X amount of $$$ for school interest free and within 1 year of leaving school you'll pay a manageable percentage of your income and pay back the student loans as opposed to a fixed amount.

    So essentially i'm giving said student a year of no payments and linking how much you pay back to your income.

    The other obvious things that can be done is lowering tuition, but thats just 1 part of education ... students must buy expensive text books, living expenses etc...

    I have certain rules I live by ... My First Rule ... I don't believe anything the government tells me ... George Carlin

    "Life Is What Happens To You When Your Busy Making Other Plans" John Lennon
  • FrankieGFrankieG Posts: 9,100
    I graduated college with student debt the size of a car loan. I have since payed it down to a smaller car loan. I never really thought about how much I would owe once I graduated. Not when I started, nor when I was in the middle of school. Only about 6 months before graduation did I know exactly how much I would owe. I consider myself lucky. I recieved alot of financial aide for my university. I applied for, and received a very significant amount of private scholarships. I saved my summer earnings to pay for part of the next year's tuition. I thought i was managing it well, but looking back, it could have turned out wayyy worse.

    I have a younger cousin that is in high school, and I hope I can lead him in a direction away from student loans..
    2003: 7/14 NJ ... 2006: 6/1 NJ, 6/3 NJ ... 2007: 8/5 IL ... 2008: 6/24 NY, 6/25 NY, 8/7 EV NJ ... 2009: 10/27 PA, 10/28 PA, 10/30 PA, 10/31 PA
    2010: 5/20 NY, 5/21 NY ... 2011: 6/21 EV NY, 9/3 WI, 9/4 WI ... 2012: 9/2 PA, 9/22 GA ... 2013: 10/18 NY, 10/19 NY, 10/21 PA, 10/22 PA, 10/27 MD
    2015: 9/23 NY, 9/26 NY ... 2016: 4/28 PA, 4/29 PA, 5/1 NY, 5/2 NY, 6/11 TN, 8/7 MA, 11/4 TOTD PA, 11/5 TOTD PA ... 2018: 8/10 WA
    2022: 9/14 NJ ... 2024: 5/28 WA, 9/7 PA, 9/9 PA ---- http://imgur.com/a/nk0s7
  • If tuitions continue to rise the way they have been, only the wealthy will be able to afford it. The middle class is disappearing and this is causing further divide between the haves and have-nots. The interesting thing is the Trades are screaming for people and paying handsomely. Perhaps this is what will keep the middle class from disappearing all together. The trouble with that is "knowledge is power". So where does the power continue to flow? To the wealthy. And don't think that I believe the only way to knowledge is school. Far from it, but if the general direction of knowledge for the masses is through the education system, then the balance of powers are tilting one way. Democracy, and the American dream is based on the hope that anyone can achieve anything.
    "Feel the path of everyday....which road you taking?"

    Barrie, ON '98
    Toronto, ON '00/'03/'06/'09/'11/'16(x2)
    Hamilton, ON '05/'11
    Newark, NJ '10
    London, ON '13
    Buffalo, NY '13
    Detroit, MI '14
    Ottawa, ON '16
  • Jason PJason P Posts: 19,138
    You will be making a lot more if you know how to run a welder compared to what most degrees offer and don't have to take on any debt.

    I read an article where Occupy Wall Street has been buying up studend debt for pennies on the dollar, although it is a small chip overall and they are focusing on "for profit" schools
  • PJ_SoulPJ_Soul Posts: 49,956
    edited September 2014
    lukin2006 said:

    As a taxpayer I know I am opposed to free post secondary education for several reasons.
    -how many will go to university/college only to not take it seriously and be done after 1 semester? wasting taxpayers $$$

    -being in Canada we lose a lot pf professionals to the states (nurses, doctors etc/), really don't want our tax dollars paying to educate professionals just to work in other countries.

    -doubt as a country country we can really afford.

    So whats a realistic solution?

    Would it be possible that the government gives students X amount of $$$ for school interest free and within 1 year of leaving school you'll pay a manageable percentage of your income and pay back the student loans as opposed to a fixed amount.

    So essentially i'm giving said student a year of no payments and linking how much you pay back to your income.

    The other obvious things that can be done is lowering tuition, but thats just 1 part of education ... students must buy expensive text books, living expenses etc...

    Hahahaha. A year of no payments on student loans that got students through non-subsidized university would be totally and completely meaningless.
    Also, it's not free in Canada. Not even close. Tuition in BC still costs around $3500 per full-time term (PLUS books). For a 3 term school year, that's $10,500 plus books plus student fees. Actually, it's just barely manageable for people who don't have rich parents.

    BTW, the only country I know of where it's free is Norway. As far as I know, Norway is doing just fine. In fact, poverty doesn't exist there.
    Post edited by PJ_Soul on
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • FrankieG said:

    I graduated college with student debt the size of a car loan. I have since payed it down to a smaller car loan. I never really thought about how much I would owe once I graduated. Not when I started, nor when I was in the middle of school. Only about 6 months before graduation did I know exactly how much I would owe. I consider myself lucky. I recieved alot of financial aide for my university. I applied for, and received a very significant amount of private scholarships. I saved my summer earnings to pay for part of the next year's tuition. I thought i was managing it well, but looking back, it could have turned out wayyy worse.

    I have a younger cousin that is in high school, and I hope I can lead him in a direction away from student loans..

    Was that a ferrari-sized car loan, or a kia-sized car loan??
    my small self... like a book amongst the many on a shelf
  • lukin2006lukin2006 Posts: 9,087
    PJ_Soul said:

    lukin2006 said:

    As a taxpayer I know I am opposed to free post secondary education for several reasons.
    -how many will go to university/college only to not take it seriously and be done after 1 semester? wasting taxpayers $$$

    -being in Canada we lose a lot pf professionals to the states (nurses, doctors etc/), really don't want our tax dollars paying to educate professionals just to work in other countries.

    -doubt as a country country we can really afford.

    So whats a realistic solution?

    Would it be possible that the government gives students X amount of $$$ for school interest free and within 1 year of leaving school you'll pay a manageable percentage of your income and pay back the student loans as opposed to a fixed amount.

    So essentially i'm giving said student a year of no payments and linking how much you pay back to your income.

    The other obvious things that can be done is lowering tuition, but thats just 1 part of education ... students must buy expensive text books, living expenses etc...

    Hahahaha. A year of no payments on student loans that got students through non-subsidized university would be totally and completely meaningless.
    Also, it's not free in Canada. Not even close. Tuition in BC still costs around $3500 per full-time term (PLUS books). For a 3 term school year, that's $10,500 plus books plus student fees. Actually, it's just barely manageable for people who don't have rich parents.

    BTW, the only country I know of where it's free is Norway. As far as I know, Norway is doing just fine. In fact, poverty doesn't exist there.
    did i say it was free? no!!! Norway also has no debt and cash reserves. something Canada does not. I was just offering my opinion and a possible solution ...
    I have certain rules I live by ... My First Rule ... I don't believe anything the government tells me ... George Carlin

    "Life Is What Happens To You When Your Busy Making Other Plans" John Lennon
  • PJ_SoulPJ_Soul Posts: 49,956
    Oh sorry, I thought you were talking about Canada in the first point too.
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • hedonisthedonist Posts: 24,524
    Jason P said:

    You will be making a lot more if you know how to run a welder compared to what most degrees offer and don't have to take on any debt.

    One of the best parts is that training takes much less time to complete (and I assume learn on the job too).

    I sound like one of those commercials :D

    But I really do support learning a trade. You can take care of yourself, and your skill(s) will always be in demand.

    The AC repair guys in Los Angeles are making a killing right now.

  • PJ_SoulPJ_Soul Posts: 49,956
    hedonist said:

    Jason P said:

    You will be making a lot more if you know how to run a welder compared to what most degrees offer and don't have to take on any debt.

    One of the best parts is that training takes much less time to complete (and I assume learn on the job too).

    I sound like one of those commercials :D

    But I really do support learning a trade. You can take care of yourself, and your skill(s) will always be in demand.

    The AC repair guys in Los Angeles are making a killing right now.

    A lot of the trades actually take just as long to make decent money at as university does, and more. Apprenticeships and all that. I have a good friend who's a plumber/gas fitter and another who is an electrician and they both spent years doing the grunt work for and learning from older guys with experience and getting various certifications, etc. They make really great money now (they both take on apprentices themselves now). But it was a long haul to get there. Although there must be other trades that you can learn faster and make decent money sooner.
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • hedonisthedonist Posts: 24,524
    Grunt work is necessary though; I mean, most people who make a good living now had to put their time in and work up from the bottom. With few exceptions, that would apply to the majority of professions. And learning from pros in the process? Invaluable!

    The length of time though - is that particular to Canada? Seems it doesn't take as long here (and plumbers and electricians are in pretty high demand, probably always will be...so worth the investment).
  • FrankieGFrankieG Posts: 9,100

    FrankieG said:

    I graduated college with student debt the size of a car loan. I have since payed it down to a smaller car loan. I never really thought about how much I would owe once I graduated. Not when I started, nor when I was in the middle of school. Only about 6 months before graduation did I know exactly how much I would owe. I consider myself lucky. I recieved alot of financial aide for my university. I applied for, and received a very significant amount of private scholarships. I saved my summer earnings to pay for part of the next year's tuition. I thought i was managing it well, but looking back, it could have turned out wayyy worse.

    I have a younger cousin that is in high school, and I hope I can lead him in a direction away from student loans..

    Was that a ferrari-sized car loan, or a kia-sized car loan??
    :)) Definitely a Kia sized car loan, but that is sitll very substantial considering...
    2003: 7/14 NJ ... 2006: 6/1 NJ, 6/3 NJ ... 2007: 8/5 IL ... 2008: 6/24 NY, 6/25 NY, 8/7 EV NJ ... 2009: 10/27 PA, 10/28 PA, 10/30 PA, 10/31 PA
    2010: 5/20 NY, 5/21 NY ... 2011: 6/21 EV NY, 9/3 WI, 9/4 WI ... 2012: 9/2 PA, 9/22 GA ... 2013: 10/18 NY, 10/19 NY, 10/21 PA, 10/22 PA, 10/27 MD
    2015: 9/23 NY, 9/26 NY ... 2016: 4/28 PA, 4/29 PA, 5/1 NY, 5/2 NY, 6/11 TN, 8/7 MA, 11/4 TOTD PA, 11/5 TOTD PA ... 2018: 8/10 WA
    2022: 9/14 NJ ... 2024: 5/28 WA, 9/7 PA, 9/9 PA ---- http://imgur.com/a/nk0s7
  • unsungunsung Posts: 9,487
    My girlfriend has a higher payment than my mortgage.
  • dignindignin Posts: 9,336
    edited September 2014
    hedonist said:

    Grunt work is necessary though; I mean, most people who make a good living now had to put their time in and work up from the bottom. With few exceptions, that would apply to the majority of professions. And learning from pros in the process? Invaluable!

    The length of time though - is that particular to Canada? Seems it doesn't take as long here (and plumbers and electricians are in pretty high demand, probably always will be...so worth the investment).

    In Canada most apprenticeships take 4 years. Source.....I'm a certified Journeyman welder.
    Post edited by dignin on
  • lukin2006lukin2006 Posts: 9,087
    Switzerland has one of the best education systems in the world and a lot of their system is apprenticeship based ... and they have one of the lowest youth unemployment rates.

    Apprenticeships ensure that young people in Switzerland are employable

    http://qz.com/122501/apprenticeships-make-young-people-in-switzerland-employable/

    I have certain rules I live by ... My First Rule ... I don't believe anything the government tells me ... George Carlin

    "Life Is What Happens To You When Your Busy Making Other Plans" John Lennon
  • dignin said:

    hedonist said:

    Grunt work is necessary though; I mean, most people who make a good living now had to put their time in and work up from the bottom. With few exceptions, that would apply to the majority of professions. And learning from pros in the process? Invaluable!

    The length of time though - is that particular to Canada? Seems it doesn't take as long here (and plumbers and electricians are in pretty high demand, probably always will be...so worth the investment).

    In Canada most apprenticeships take 4 years. Source.....I'm a certified Journeyman welder.
    4 years sounds pretty good to me. I know a few people that are in the Trades and they do quite well. They weren't afraid to get dirty and work at it though. I've come to view Trades differently as I've gotten older. I had an opportunity to be in the gas fitter trade when I was younger, but didn't take it. That's the job my dad had. I wanted to do something different. I have no regrets, but looking back, I view it differently now. There is something to "An honest day's work".
    "Feel the path of everyday....which road you taking?"

    Barrie, ON '98
    Toronto, ON '00/'03/'06/'09/'11/'16(x2)
    Hamilton, ON '05/'11
    Newark, NJ '10
    London, ON '13
    Buffalo, NY '13
    Detroit, MI '14
    Ottawa, ON '16
  • FrankieGFrankieG Posts: 9,100
    unsung said:

    My girlfriend has a higher payment than my mortgage.

    :-O
    2003: 7/14 NJ ... 2006: 6/1 NJ, 6/3 NJ ... 2007: 8/5 IL ... 2008: 6/24 NY, 6/25 NY, 8/7 EV NJ ... 2009: 10/27 PA, 10/28 PA, 10/30 PA, 10/31 PA
    2010: 5/20 NY, 5/21 NY ... 2011: 6/21 EV NY, 9/3 WI, 9/4 WI ... 2012: 9/2 PA, 9/22 GA ... 2013: 10/18 NY, 10/19 NY, 10/21 PA, 10/22 PA, 10/27 MD
    2015: 9/23 NY, 9/26 NY ... 2016: 4/28 PA, 4/29 PA, 5/1 NY, 5/2 NY, 6/11 TN, 8/7 MA, 11/4 TOTD PA, 11/5 TOTD PA ... 2018: 8/10 WA
    2022: 9/14 NJ ... 2024: 5/28 WA, 9/7 PA, 9/9 PA ---- http://imgur.com/a/nk0s7
  • rr165892rr165892 Posts: 5,697
    hedonist said:

    Grunt work is necessary though; I mean, most people who make a good living now had to put their time in and work up from the bottom. With few exceptions, that would apply to the majority of professions. And learning from pros in the process? Invaluable!

    The length of time though - is that particular to Canada? Seems it doesn't take as long here (and plumbers and electricians are in pretty high demand, probably always will be...so worth the investment).

    Dead on Hedo!
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