Student loans
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@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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@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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@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.
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@george-k said in Student loans:
I imagine few upper-middle class, or middle-class families today couldn't afford $12.5K for MEDICAL SCHOOL.
That's almost exactly my kids preschool cost for the year. (And we did not choose one of the swanky ones)
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"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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@george-k said in Student loans:
Not really. What they mean is “force the median taxpayer to pay off the student loans of middle-class to affluent college grads”
The median tax dollar does not come from working class folks.
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@jon-nyc said in Student loans:
Not really. What they mean is “force the median taxpayer to pay off the student loans of middle-class to affluent college grads”
The median tax dollar does not come from working class folks.Picky, picky, picky...lol.
"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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I know, I should have posted it in this thread, but what the hell.
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@george-k said in Student loans:
@jon-nyc said in Student loans:
Not really. What they mean is “force the median taxpayer to pay off the student loans of middle-class to affluent college grads”
The median tax dollar does not come from working class folks.Picky, picky, picky...lol.
Well, the median tax dollar doesn't come from the median tax payer.
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This post is deleted!
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@jon-nyc said in Student loans:
The median tax dollar does not come from working class folks.
Want to bet? Median household annual income tax paid is $15K, with a Median effective income tax rate of 13.9%. That puts the median tax follar coming from households making roughly $105,000, smack dab in the middle of Joe the Plumbee territory…
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@doctor-phibes said in Student loans:
@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.
And your car depreciates over time.
But then, so do some people’s brains.
“Little by little I am learning the art of being quite content by doing very little slowly” ~ Lionel Hardcastle
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"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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@lufins-dad said in Student loans:
@jon-nyc said in Student loans:
The median tax dollar does not come from working class folks.
Want to bet? Median household annual income tax paid is $15K, with a Median effective income tax rate of 13.9%. That puts the median tax follar coming from households making roughly $105,000, smack dab in the middle of Joe the Plumbee territory…
According to the chart in this article, 40% of taxes are paid by the top 5% of earners. Median tax dollar wouldn't be far behind that, probably paid by a 93%er or so.
https://nymag.com/intelligencer/article/fact-check-richest-1-dont-pay-40-of-the-taxes.html
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Student loan forgiveness program expanded:
Basic requirement seems to be (1) work a public service job, and (2) have made payments for 10 years … then the rest of your student loan may be forgiven. Recent changes seem to have relaxed the rules that determine which jobs count as public service jobs. According to the article: “ … jobs are considered public service based on who your employer is, not based on your job title.”
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@Axtremus said in Student loans:
Student loan forgiveness program expanded:
Basic requirement seems to be (1) work a public service job, and (2) have made payments for 10 years … then the rest of your student loan may be forgiven. Recent changes seem to have relaxed the rules that determine which jobs count as public service jobs. According to the article: “ … jobs are considered public service based on who your employer is, not based on your job title.”
More incentive to work a government job, as if pensions weren't enough?
"Public service" is of course a misnomer if it's supposed to mean anything in comparison to the private sector. But I suppose it takes a basic understanding of capitalism to understand how the private sector is a public service. Basic understandings of capitalism are in short supply these days.
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"public service" sounds so much better than "government job"
My dad worked for the government pretty much his whole working life, but I don't think he saw it as 'service'. Terrible salary, great pension.
Proud supporter of Plan 2525. Everything you think, do and say will be in the pill you took today.
