Student loans
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@george-k said in Student loans:
Also, are those federal or private loans?
No way they are federal. $31K limit for dependents, $57k for independents…
Grad School has $20K limits per year.
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I saw that this morning. The comments after were enlightening. They weren't all on that tweet. Mostly about how she makes $170K annually and whines about owing money because she pays the minimum. In other words she wants relief for credit card debt.
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@89th said in Student loans:
@mik said in Student loans:
In other words she wants relief for credit card debt.
Welcome to the real world.
Would that include paying rent?
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@george-k said in Student loans:
I’m 32 years old now,” the congresswoman said. “I have over $17,000 in student loan debt
I owe about that on my car.
This is unacceptable.
I was only joking
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Personally, I am all for Student Loan forgiveness, but it’s just not the right time. In 3.5 years I think we will be ready….
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I think this may be a solution for some:
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You can't give unlimited loans on the front-end where schools get into building arms races then jack up prices - while at the same time forgiving them on the back end.
It's just a crazy grovernment subsidy to schools, without any power to control costs. (Reminds me of healthcare)
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You can't give unlimited loans on the front-end where schools get into building arms races then jack up prices - while at the same time forgiving them on the back end.
It's just a crazy grovernment subsidy to schools, without any power to control costs. (Reminds me of healthcare)
@xenon said in Student loans:
You can't give unlimited loans on the front-end where schools get into building arms races then jack up prices - while at the same time forgiving them on the back end.
It's just a crazy grovernment subsidy to schools, without any power to control costs. (Reminds me of healthcare)
I generally agree except I think we should have a one-time forgiveness in May of 2024, possibly a follow up 2 years later, and one more in 2041.
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I finished college with 200 GBP more than I started with. It cost my parents about 200 pounds a year, I think (to cover living expenses). Fees were paid automatically, and I got about 2 thousand a year to live on.
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The only way to stop this madness is to get out of the mentality of the government paying for everything, including paying off loans. Regulation, sure… heck even a requirement to align tuition with the CPI or inflation… but stop this madness already!
@89th said in Student loans:
stop this madness already
I wish someone could tell us why college costs so much.
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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@89th said in Student loans:
stop this madness already
I wish someone could tell us why college costs so much.
@george-k said in Student loans:
@89th said in Student loans:
stop this madness already
I wish someone could tell us why college costs so much.
That was 11 years ago.
Now it is really, really expensive.
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@89th said in Student loans:
stop this madness already
I wish someone could tell us why college costs so much.
@george-k said in Student loans:
@89th said in Student loans:
stop this madness already
I wish someone could tell us why college costs so much.
"Move along, nothing to see here" in 300 pages. I don't suspect it's aged well, if it was ever meaningful in the first place.
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I've posted this before, but just to recap.
I grew up in a pretty middle-class family. Mom was a pediatrician (the lowest-paid specialty) and Dad was a lab rat at the U of I Dental School. We were comfortable. but not luxurious.
In 1972, tuition at Northwestern Medical School, for my first year (excluding room & board, books) was $1,875 a year.
Adjusted for inflation -
I imagine few upper-middle class, or middle-class families today couldn't afford $12.5K for MEDICAL SCHOOL.
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@89th said in Student loans:
stop this madness already
I wish someone could tell us why college costs so much.
@george-k said in Student loans:
@89th said in Student loans:
stop this madness already
I wish someone could tell us why college costs so much.
Good pull! I think I worked on that book cover too, or at least helped him 10 years ago on that.
