Student Loans / Debt

Indifference71

SPEEDY MCCREADY 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.

Indifference71

SPEEDY MCCREADY said:

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_Soul

Indifference71 said:

SPEEDY MCCREADY said:

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.

Jason P

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 …

Gern Blansten

If we directed as much funding toward education that we put toward defense we would be a much better country.

unsung

To be fair it's not really defense.

callen

unsung said:

To be fair it's not really defense.

How true.

unsung

Indifference71 said:

SPEEDY MCCREADY 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.

SPEEDY MCCREADY

unsung said:

Indifference71 said:

SPEEDY MCCREADY 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.

unsung

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 P

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_Soul

I don't know what it's like to live there, but I really enjoyed visiting Chicago....

lukin2006

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...

FrankieG

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..

Walking the miles

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.

Jason P

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_Soul

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.

oftenreading

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??

lukin2006

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 ...

PJ_Soul

Oh sorry, I thought you were talking about Canada in the first point too.