Reminds me of these lyrics...Jack White summed it up nicely
"White Americans, what? Nothing better to do
Why don't you kick yourself out? You're an immigrant too
Who's usin' who? What should we do?
Well, you can't be a pimp and a prostitute too"
Sure. Keep telling yourself thatThey're mad at what they've been told to be mad at. Their states are agricultural and resource extraction based because they've voted for generations to make it and keep it that way.
Because Trump is for the Little guy or something.. The guys he stiffed when he was doing his real estate thing..Can we get the cult explanation on why this is ok?
Actually completely agree with you on this.As Scott Galloway often points out, old rich people have rigged the system to benefit themselves, built up a massive debt that young people will have to deal with down the road, made it almost impossible to get ahead or own a house, while simultaneously ruining the environment. Fuck everyone else, as long as your stock portfolio keeps hitting record heights then who gives a shit, eh?
My wife (an accountant) accrued nearly 50K in student loan debt while working through school (granted most of it was the graduate degree). She then entered a workforce where the cost of living marginalized her salary. It has only gotten worse, too, so I honestly have no idea how anyone is expected to pay off their loans.Their degree is worthless. They did make a shitty irresponsible decision. It’s pretty predictable. If you borrow money to finance your drama degree at a top shelf private school where tuition is $95k per year there’s virtually no chance you’ll end up with a job where you can pay that off your 400k. But if another kid goes to community college for the basics and finishes at a state university and works and borrows 25k to get an engineering or nursing degree then pays that off. We’re going to punish that person by using his tax dollars to pay off the other one’s loans?
Maybe like there was in the Old Testament, there ought to be a way for them to sell themselves into slavery to pay off their debts? They obviously can’t be relied on to make their own decisions and are very likely to continue making bad decisions.
Also at least some of these loans in question are for people who make plenty of money but spend it on new cars and luxury vacations.
Make the schools pay off the loans. They’re the ones that charged too much for the service provided. Just go back and tell them they overcharged for whatever degrees based on their value. So your 400k drama degree that is worth 20k, you owe that student 380k. It can be paid off against their school loans or directly to them if they don’t have any. For the engineering degree it would be less - maybe they only owe that person 275k. The schools are the ones that overcharged. Why should tax payers fix it? Especially if the problem is allowed to continue to happen?
Even if they’re going to pay off the loans, fix the problem. Don’t keep giving loans to kids not performing well or pursuing degrees where we already know the salary associated is not going to be enough.
so you supported all Biden's efforts to forgive student loan debt?My wife (an accountant) accrued nearly 50K in student loan debt while working through school (granted most of it was the graduate degree). She then entered a workforce where the cost of living marginalized her salary. It has only gotten worse, too, so I honestly have no idea how anyone is expected to pay off their loans.
I guess live at home with your parents? But then you guys make fun of them for that. GET OUT OF YOUR PARENTS BASEMENT! BUY A HOME! GET OUT OF APARTMENTS!
It's like baby boomers and Gen X actually have no idea the actual reality and environment young people have grown up in where their debt is a ponzi scheme to feed the 401k's of the old and retired who have multiple homes, newest cars, etc. It's bullshit.
We're technically upper class in household salary but we still are saddled with this insane student loan debt. Now imagine people who don't make as much as us?
Imagine the kind of debt you'll be in when women are no longer allowed to have their own income or work as anything but unpaid brood mares and housewives?My wife (an accountant) accrued nearly 50K in student loan debt while working through school (granted most of it was the graduate degree). She then entered a workforce where the cost of living marginalized her salary. It has only gotten worse, too, so I honestly have no idea how anyone is expected to pay off their loans.
I guess live at home with your parents? But then you guys make fun of them for that. GET OUT OF YOUR PARENTS BASEMENT! BUY A HOME! GET OUT OF APARTMENTS!
It's like baby boomers and Gen X actually have no idea the actual reality and environment young people have grown up in where their debt is a ponzi scheme to feed the 401k's of the old and retired who have multiple homes, newest cars, etc. It's bullshit.
We're technically upper class in household salary but we still are saddled with this insane student loan debt. Now imagine people who don't make as much as us?