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The New Coffee Room

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  3. Student loans

Student loans

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  • MikM Mik

    I guess they are keeping him in the hospital. He's gettin' mighty testy.

    JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #92

    @Mik said in Student loans:

    I guess they are keeping him in the hospital. He's gettin' mighty testy.

    Nothing a good worming wouldn't fix ...

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • jon-nycJ jon-nyc

      Let’s go to Brenda’s “Almost Two Score” thread and start talking about student loans. 🤣

      brendaB Offline
      brendaB Offline
      brenda
      wrote on last edited by
      #93

      @jon-nyc said in Student loans:

      Let’s go to Brenda’s “Almost Two Score” thread and start talking about student loans. 🤣

      Absolutely! Mix it in with our fountain project! 😆

      1 Reply Last reply
      • brendaB Offline
        brendaB Offline
        brenda
        wrote on last edited by
        #94

        I heard there was a contest for derailing the most threads.

        1 Reply Last reply
        • HoraceH Offline
          HoraceH Offline
          Horace
          wrote on last edited by
          #95

          You could derail a trolley problem thread to provide a clever meta solution.

          Education is extremely important.

          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by jon-nyc
            #96

            It could be very ethical (though not in a deontological sense) if a bunch of members were getting crushed with the current thread topic.

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • Catseye3C Offline
              Catseye3C Offline
              Catseye3
              wrote on last edited by
              #97

              Cats ➡ writing down deontological to look up later; it's too nice a day to get hung up on this shit.

              Success is measured by your discipline and inner peace. – Mike Ditka

              AxtremusA 1 Reply Last reply
              • Catseye3C Catseye3

                Cats ➡ writing down deontological to look up later; it's too nice a day to get hung up on this shit.

                AxtremusA Offline
                AxtremusA Offline
                Axtremus
                wrote on last edited by
                #98

                @Catseye3 said in Student loans:

                Cats ➡ writing down deontological to look up later; it's too nice a day to get hung up on this shit.

                Copied from Wikipedia:

                In moral philosophy, deontological ethics or deontology (from Greek: δέον, 'obligation, duty' + λόγος, 'study') is the normative ethical theory that the morality of an action should be based on whether that action itself is right or wrong under a series of rules, rather than based on the consequences of the action. It is sometimes described as duty-, obligation-, or rule-based ethics. Deontological ethics is commonly contrasted to consequentialism, virtue ethics, and pragmatic ethics. In this terminology, action is more important than the consequences.

                Catseye3C 1 Reply Last reply
                • CopperC Offline
                  CopperC Offline
                  Copper
                  wrote on last edited by
                  #99

                  Paying off someone's loan for free would just suck the self-respect right out of them.

                  Anyone who had their loan paid off for no good reason would never get a good night's sleep again.

                  Most of them would probably end up as suicides.

                  The action itself is wrong.

                  1 Reply Last reply
                  • MikM Offline
                    MikM Offline
                    Mik
                    wrote on last edited by Mik
                    #100

                    In this article is exactly the people I do not sympathize with. $323,000 debt to be a teacher.

                    https://www.msn.com/en-us/money/careersandeducation/meet-a-teacher-with-303-000-in-student-debt-who-says-biden-s-10-000-loan-forgiveness-plan-is-not-even-a-drop-in-the-bucket/ar-AAY6vJH?ocid=msedgntp&cvid=04733097338b4f309e171b9adcda9a58

                    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                    LuFins DadL 1 Reply Last reply
                    • JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #101

                      What idiot borrows over 300 grand to be a teacher?

                      And who would lend it to her?

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      Catseye3C MikM 2 Replies Last reply
                      • AxtremusA Axtremus

                        @Catseye3 said in Student loans:

                        Cats ➡ writing down deontological to look up later; it's too nice a day to get hung up on this shit.

                        Copied from Wikipedia:

                        In moral philosophy, deontological ethics or deontology (from Greek: δέον, 'obligation, duty' + λόγος, 'study') is the normative ethical theory that the morality of an action should be based on whether that action itself is right or wrong under a series of rules, rather than based on the consequences of the action. It is sometimes described as duty-, obligation-, or rule-based ethics. Deontological ethics is commonly contrasted to consequentialism, virtue ethics, and pragmatic ethics. In this terminology, action is more important than the consequences.

                        Catseye3C Offline
                        Catseye3C Offline
                        Catseye3
                        wrote on last edited by Catseye3
                        #102

                        @Axtremus said in Student loans:

                        . . . the normative ethical theory that the morality of an action should be based on whether that action itself is right or wrong under a series of rules, rather than based on the consequences of the action. It is sometimes described as . . . rule-based ethics.

                        Thanks, Ax.

                        One of my favorite writers, Robert Crais, wrote a scene where the hero's best friend, a cop, and his partner -- also a cop but a sketchy one -- were about to arrest a suspected child molester and murderer. After some stuff, the sketchy cop was fixing to shoot the badguy when the first cop shot his partner to prevent him from doing this. Howling outrage back at the cop shop, needless to say.

                        The rules totally forbad the harming of a cop to save the life of a badguy, in this case a really bad guy. But the shooting cop could not accept what he saw as the greater crime -- a cop shooting someone to death on suspicion and/or general dislike of a non-threatening suspect (at that moment), without due process.

                        So he broke the rules, but felt he had no choice.

                        So deontologically what he did was wrong, yes?

                        Success is measured by your discipline and inner peace. – Mike Ditka

                        1 Reply Last reply
                        • JollyJ Jolly

                          What idiot borrows over 300 grand to be a teacher?

                          And who would lend it to her?

                          Catseye3C Offline
                          Catseye3C Offline
                          Catseye3
                          wrote on last edited by Catseye3
                          #103

                          @Jolly said in Student loans:

                          What idiot borrows over 300 grand to be a teacher?

                          A very, very, very, very, very, very committed one. 😛

                          Hopefully, if s/he succeeded in getting to a classroom they will know to say asked instead of ast, which to my shock I heard a teacher say one time in a classroom.

                          A teacher!

                          Success is measured by your discipline and inner peace. – Mike Ditka

                          1 Reply Last reply
                          • AxtremusA Offline
                            AxtremusA Offline
                            Axtremus
                            wrote on last edited by
                            #104

                            What are the general guidelines for how much one can reasonably borrow for education to become a professional at something (e.g., a teacher, a doctor, a lawyer, an engineer)?

                            How would you advise your own kids on this?

                            1 Reply Last reply
                            • JollyJ Jolly

                              What idiot borrows over 300 grand to be a teacher?

                              And who would lend it to her?

                              MikM Offline
                              MikM Offline
                              Mik
                              wrote on last edited by
                              #105

                              @Jolly said in Student loans:

                              What idiot borrows over 300 grand to be a teacher?

                              And who would lend it to her?

                              A. Someone who wants an Ivy League degree but has no money OR someone who wants to life the high life in college

                              B. Gummint. $303,000 were gummint loans, $20,000 private.

                              But yeah, that needs to be looked at when the debt is so out of proportion to the potential earnings.

                              “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                              LuFins DadL 1 Reply Last reply
                              • MikM Mik

                                In this article is exactly the people I do not sympathize with. $323,000 debt to be a teacher.

                                https://www.msn.com/en-us/money/careersandeducation/meet-a-teacher-with-303-000-in-student-debt-who-says-biden-s-10-000-loan-forgiveness-plan-is-not-even-a-drop-in-the-bucket/ar-AAY6vJH?ocid=msedgntp&cvid=04733097338b4f309e171b9adcda9a58

                                LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by
                                #106

                                @Mik said in Student loans:

                                In this article is exactly the people I do not sympathize with. $323,000 debt to be a teacher.

                                https://www.msn.com/en-us/money/careersandeducation/meet-a-teacher-with-303-000-in-student-debt-who-says-biden-s-10-000-loan-forgiveness-plan-is-not-even-a-drop-in-the-bucket/ar-AAY6vJH?ocid=msedgntp&cvid=04733097338b4f309e171b9adcda9a58

                                That's $80K a YEAR?!!!

                                The Brad

                                1 Reply Last reply
                                • MikM Offline
                                  MikM Offline
                                  Mik
                                  wrote on last edited by Mik
                                  #107

                                  Nah. Only $50K a year. She got a master's too.

                                  “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                  1 Reply Last reply
                                  • MikM Mik

                                    @Jolly said in Student loans:

                                    What idiot borrows over 300 grand to be a teacher?

                                    And who would lend it to her?

                                    A. Someone who wants an Ivy League degree but has no money OR someone who wants to life the high life in college

                                    B. Gummint. $303,000 were gummint loans, $20,000 private.

                                    But yeah, that needs to be looked at when the debt is so out of proportion to the potential earnings.

                                    LuFins DadL Offline
                                    LuFins DadL Offline
                                    LuFins Dad
                                    wrote on last edited by
                                    #108

                                    @Mik said in Student loans:

                                    @Jolly said in Student loans:

                                    What idiot borrows over 300 grand to be a teacher?

                                    And who would lend it to her?

                                    A. Someone who wants an Ivy League degree but has no money OR someone who wants to life the high life in college

                                    B. Gummint. $303,000 were gummint loans, $20,000 private.

                                    But yeah, that needs to be looked at when the debt is so out of proportion to the potential earnings.

                                    NO... Federal student loans are limited to $57500 if the student is independent and $31000 if a dependent.

                                    The Brad

                                    LuFins DadL HoraceH 2 Replies Last reply
                                    • HoraceH Offline
                                      HoraceH Offline
                                      Horace
                                      wrote on last edited by
                                      #109

                                      There's no end to the stupid consequences when society has a full stop mentality that more education is good, hang the expense.

                                      Education is extremely important.

                                      1 Reply Last reply
                                      • LuFins DadL LuFins Dad

                                        @Mik said in Student loans:

                                        @Jolly said in Student loans:

                                        What idiot borrows over 300 grand to be a teacher?

                                        And who would lend it to her?

                                        A. Someone who wants an Ivy League degree but has no money OR someone who wants to life the high life in college

                                        B. Gummint. $303,000 were gummint loans, $20,000 private.

                                        But yeah, that needs to be looked at when the debt is so out of proportion to the potential earnings.

                                        NO... Federal student loans are limited to $57500 if the student is independent and $31000 if a dependent.

                                        LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #110

                                        @LuFins-Dad said in Student loans:

                                        @Mik said in Student loans:

                                        @Jolly said in Student loans:

                                        What idiot borrows over 300 grand to be a teacher?

                                        And who would lend it to her?

                                        A. Someone who wants an Ivy League degree but has no money OR someone who wants to life the high life in college

                                        B. Gummint. $303,000 were gummint loans, $20,000 private.

                                        But yeah, that needs to be looked at when the debt is so out of proportion to the potential earnings.

                                        NO... Federal student loans are limited to $57500 if the student is independent and $31000 if a dependent.

                                        And that's the total over 4 years, not annual.

                                        The Brad

                                        1 Reply Last reply
                                        • LuFins DadL LuFins Dad

                                          @Mik said in Student loans:

                                          @Jolly said in Student loans:

                                          What idiot borrows over 300 grand to be a teacher?

                                          And who would lend it to her?

                                          A. Someone who wants an Ivy League degree but has no money OR someone who wants to life the high life in college

                                          B. Gummint. $303,000 were gummint loans, $20,000 private.

                                          But yeah, that needs to be looked at when the debt is so out of proportion to the potential earnings.

                                          NO... Federal student loans are limited to $57500 if the student is independent and $31000 if a dependent.

                                          HoraceH Offline
                                          HoraceH Offline
                                          Horace
                                          wrote on last edited by
                                          #111

                                          @LuFins-Dad said in Student loans:

                                          @Mik said in Student loans:

                                          @Jolly said in Student loans:

                                          What idiot borrows over 300 grand to be a teacher?

                                          And who would lend it to her?

                                          A. Someone who wants an Ivy League degree but has no money OR someone who wants to life the high life in college

                                          B. Gummint. $303,000 were gummint loans, $20,000 private.

                                          But yeah, that needs to be looked at when the debt is so out of proportion to the potential earnings.

                                          NO... Federal student loans are limited to $57500 if the student is independent and $31000 if a dependent.

                                          So, I wonder what hijinx is involved that a private, profit motivated company would loan this woman that money? I guess the fact that the loans can't be discharged in bankruptcy would be a factor. I think jon mentioned that.

                                          Education is extremely important.

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